Modera erate tely Mod High to e H w at ig o er h L d o M V e r y w H Tata Digital Fund o i L g (An open ended equity scheme investing in companies in Information Technology Sector) h Riskometer Investors understand that their principal As on 31st July 2021 PORTFOLIO will be at Very High Risk

INVESTMENT STYLE Company name No. of Market Value % of Company name No. of Market Value % of Primarily focuses on investment in at least 80% of its net Shares Rs. Lakhs Assets Shares Rs. Lakhs Assets

assets in equity/equity related instruments of the Equity & Equity Related Total 198576.04 91.10 Other Equities^ 12165.07 5.58 companies in the Information Technology sector in India. Construction Project Foreign Securities And /Or Overseas Etf(S) INVESTMENT OBJECTIVE L&T Technology Services Ltd. 163500 6059.64 2.78 Software The investment objective of the scheme is to seek long Retailing Global X Cybersecurity Etf (Bug) 84000 1885.18 0.86 term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the Info Edge (India) Ltd. 107330 5597.04 2.57 Amazon.Com Inc. 500 1338.94 0.61 companies in Information Technology Sector in India.However, there is no assurance or guarantee that Zomato Ltd. 2897310 3867.91 1.77 Microsoft Corporation (Msft) 6000 1278.71 0.59 the investment objective of the Scheme will be Software Alphabet Inc. - Class A Common Stock 525 1060.51 0.49 achieved.The Scheme does not assure or guarantee any returns. Ltd. 2305000 37122.03 17.03 Equity & Equity Related Total 5563.34 2.55 DATE OF ALLOTMENT Tata Consultancy Services Ltd. 843126 26705.59 12.25 December 28,2015 HCL Technologies Ltd. 2064713 21162.28 9.71 Repo 10456.62 4.80 FUND MANAGER Ltd. 1275000 15421.76 7.08 Portfolio Total 214596.00 98.47 Meeta Shetty (Managing Since 09-Mar-21 and overall Persistent Systems Ltd. 303963 9554.17 4.38 Cash / Net Current Asset 3346.54 1.53 experience of 15 years) & Venkat Samala (Managing Larsen & Toubro Infotech Ltd. Since 26-Nov-20 and overall experience of 6 years) 163331 7651.00 3.51 Net Assets 217942.54 100.00 Cyient Ltd. 733339 7235.86 3.32 BENCHMARK ^ Exposure less than 1% has been clubbed under Other Equities Ltd. 950000 5577.93 2.56 S&P BSE IT TRI Ltd. 213000 5537.47 2.54 NAV Eclerx Services Ltd. 243210 5460.67 2.51 Direct - IDCW : 35.5533 Direct - Growth : 35.5533 Ltd. 181000 5186.01 2.38 Regular - IDCW : 32.3425 Birlasoft Ltd. 1091430 4383.73 2.01 Regular - Growth : 32.3425 Sonata Software Ltd. 472601 3650.37 1.67 FUND SIZE Mastek Ltd. 85292 2225.27 1.02 Rs. 2179.43 (Rs. in Cr.) Telecom - Services MONTHLY AVERAGE AUM Railtel Corporation Of India Ltd. 2426580 3372.95 1.55 Rs. 1976.88 (Rs. in Cr.) Tata Communications Ltd. 190000 2740.47 1.26 TURN OVER Transportation Indian Railway Catering And Tourism 338816 7898.82 3.62 Portfolio Turnover (Total) 31.59% Portfolio Turnover (Equity component only) 31.59% Corporation Ltd.

EXPENSE RATIO** Direct 0.57 Regular 2.17 **Note: The rates specified are actual month end expenses charged as on Jul 31, 2021. The above ratio includes the Service tax on SIP - If you had invested INR 10000 every month Investment Management Fees. The above ratio excludes, borrowing cost, wherever applicable. 1 Year 3 Year 5 Year 7 Year 10 Year Since Inception VOLATILITY MEASURES^ FUND BENCHMARK Total Amount Invested (Rs.) 120,000 360,000 600,000 NA NA 670,000 Std. Dev (Annualised) 22.03 22.59 Total Value as on Jul 31, 2021 (Rs.) 173,505 704,430 1,459,662 NA NA 1,681,606 Sharpe Ratio 0.34 0.34 Portfolio Beta 0.94 1.00 Returns 92.83% 48.99% 36.54% NA NA 33.38% R Squared 0.93 1.00 Total Value of B: S&P BSE IT TRI 162,039 675,672 1,418,356 NA NA 1,633,463 Treynor 2.25 2.19 Jenson 0.06 NA B: S&P BSE IT TRI 71.51% 45.62% 35.30% NA NA 32.29% ^Risk-free rate based on the FBIL Overnight MIBOR rate of 3.40% as Total Value of AB: S&P BSE Sensex TRI 141,244 492,445 920,523 NA NA 1,074,592 on Jul 30, 2021 AB: S&P BSE Sensex TRI 34.72% 21.50% 17.17% NA NA 16.87% For calculation methodology please refer to Pg 68 MINIMUM INVESTMENT / (Inception date :28-Dec-2015) (First Installment date : 01-Jan-2016) MULTIPLES FOR NEW INVESTMENT Past performance may or may not be sustained in the future. Returns greater than 1 year period are compounded annualized. Income Distribution cum capital withdrawals are assumed to be reinvested and bonus is adjusted. Load is not taken in to consideration. For SIP returns, monthly investment of equal amounts invested Rs. 5,000/- and in multiples of Re. 1/- thereafter. on the 1st day of every month has been considered. ADDITIONAL INVESTMENT/ For scheme performance refer pages 53 - 68. MULTIPLES FOR EXISTING INVESTORS *B: Benchmark, AB: Additional Benchmark Rs. 1,000/- and in multiples of Re. 1/- thereafter. Source: MFI Explorer LOAD STRUCTURE Entry Load : Not Applicable Top 10 Holdings Equity Sector Allocation Exit Load : 0.25% of NAV if redeemed/switched out before 30 Issuer Name % to NAV IT 81.12% days from the date of allotment. Infosys Ltd. 17.03 Tata Consultancy Services Ltd. 12.25 Services 3.62% HCL Technologies Ltd. 9.71 Please refer to our Tata Mutual Fund website for Consumer Services 3.62% fundamental changes, wherever applicable Tech Mahindra Ltd. 7.08 Persistent Systems Ltd. 4.38 Telecom 2.81% Indian Railway Catering And Tourism Corp Ltd. 3.62 Media & Entertainment 1.77% Larsen & Toubro Infotech Ltd. 3.51 Cyient Ltd. 3.32 Industrial Manufacturing 0.47% L&t Technology Services Ltd. 2.78 Media, Entertainment & Publication 0.26% Info Edge (india) Ltd. 2.57 Total 66.25 0.00% 30.00% 60.00% 90.00%

Market Capitalisation wise Exposure NAV Movement

Large Cap 62.51% Tata Digital India Fund - Reg - Growth 230 S&P BSE IT TRI 198 Mid Cap 21.28% 166 Small Cap 16.21% 134 102 70 Market Capitalisation is as per list provided by AMFI. Jul-18 Jul-19 Jul-20 Jul-21 www.tatamutualfund.com Mutual Fund investments are subject to market risks, read all scheme related documents carefully TATA MUTUAL FUND 23