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Table of Contents
- What are Dividend Yield Funds?
- Top 5 Best Dividend Yield Funds to Invest in FY 23 - 24
- Why Should you Invest in Dividend Yield Mutual Funds?
- How to Invest in Dividend Yield Mutual Funds Online?
- FAQs
- 1. What are the SEBI guidelines for dividend funds?
- 2. What should I know before investing in dividend funds?
- 3. Who is best suited to invest in dividend funds?
- 4. Why should I invest in UTI Dividend Yield Fund?
- 5. What is the Principal Dividend Yield Fund?
- 6. Can I invest in dividend funds online?
- 7. Why should I invest in dividend funds?
Top 5 Equity - Dividend Yield Funds
5 Best Dividend Yield Funds to Invest in 2023
When spoken about Dividend Yield funds, many investors at first glance think that these funds pay good dividends. But, that’s not these funds stand for. These funds are a part of equity Mutual Funds that invest their major portion of the corpus in dividend yielding stocks. In other words, these funds invest in companies that pay an above-average dividend regularly. As per SEBI norms, the dividend yield fund schemes should invest a minimum 65 percent of its assets in equities, but in dividend yielding stocks.
What are Dividend Yield Funds?
The fund manager of the dividend yield fund tends to invest in companies that have constant cash flows and are in a position to pay dividend regularly and at a stable rate. During a downturn, such companies don’t usually reduce its dividend.
Therefore, such investments make the funds less volatile compared with their growth-oriented peers. The Volatility of these funds, on an average, is lower than both large-cap and multi-cap funds.
A dividend yield fund invests its corpus in stocks that have a dividend yield higher than the average dividend yield of the Market. One can say it can be higher than the Nifty 50 or the Sensex. The remaining portion of the fund; that’s 35 percent of the Portfolio can be invested in any stock.
If looked at its drawbacks, dividend yield funds likely Underperform the growth funds in the rising market. Ideally, these funds are suitable for conservative investors who want to invest in Equity Funds. Dividend yield funds are less volatile and tend to give good risk-adjusted returns over the long-run.
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Top 5 Best Dividend Yield Funds to Invest in FY 23 - 24
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2022 (%) ICICI Prudential Dividend Yield Equity Fund Growth ₹31.31
↑ 0.17 ₹1,359 5.8 5 19.5 33.6 12.6 9.2 Templeton India Equity Income Fund Growth ₹91.46
↑ 0.65 ₹1,411 3 3.9 10 31.7 13.7 5.3 Aditya Birla Sun Life Dividend Yield Fund Growth ₹287.18
↑ 2.44 ₹883 5.6 3.5 21.6 26.7 11.1 5.2 UTI Dividend Yield Fund Growth ₹110.386
↑ 1.01 ₹2,810 5.3 4.5 12.8 23.5 11.7 -5.3 Principal Dividend Yield Fund Growth ₹92.4181
↑ 0.68 ₹420 5.6 3.2 13.9 23.3 11.9 1.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 7 Jun 23 Assets >= 100 Crore & Sorted on 3 Year CAGR Returns.
Why Should you Invest in Dividend Yield Mutual Funds?
A dividend yield strategy is a tool to identify value stocks. As said earlier, the fund manager of these funds tends to invest in firms that have stable cash flows. Usually, these funds have a history of paying high dividends and also sound fundamentals. These companies tend to manage good deliveries across business and economic cycles and exhibit minimal volatility, especially in bear markets. Investors who are planning to invest in dividend yield funds should look at the dividend pay-out history of the fund and see if it has paid dividends consistently.
The investment objective of ICICI Prudential Dividend Yield Equity Fund is to provide medium to long term capital gains and/or dividend distribution by investing in a well diversified portfolio of predominantly equity and equity related instruments, which offer attractive dividend yield ICICI Prudential Dividend Yield Equity Fund is a Equity - Dividend Yield fund was launched on 16 May 14. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Dividend Yield Equity Fund Returns up to 1 year are on An Open-end diversified equity fund that seek to provide a combination of regular income and long term capital appreciation by investing primarily in stocks that have a current on potentially attractive dividend yield. Templeton India Equity Income Fund is a Equity - Dividend Yield fund was launched on 18 May 06. It is a fund with Moderately High risk and has given a Below is the key information for Templeton India Equity Income Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life Dividend Yield Plus) An Open-ended growth scheme with the objective to provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield. Aditya Birla Sun Life Dividend Yield Fund is a Equity - Dividend Yield fund was launched on 26 Feb 03. It is a fund with Moderately High risk and has given a Below is the key information for Aditya Birla Sun Life Dividend Yield Fund Returns up to 1 year are on (Erstwhile UTI - Dividend Yield Fund) The investment objective of the scheme is to provide medium to long term capital gains and/ or dividend distribution by investing predominantly in equity and equity related instruments which offer high dividend yield. There can be no assurance that the investment objectives of the scheme will be realised. UTI Dividend Yield Fund is a Equity - Dividend Yield fund was launched on 3 May 05. It is a fund with Moderately High risk and has given a Below is the key information for UTI Dividend Yield Fund Returns up to 1 year are on The investment objective of the scheme would be to provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield. Principal Dividend Yield Fund is a Equity - Dividend Yield fund was launched on 15 Oct 04. It is a fund with Moderately High risk and has given a Below is the key information for Principal Dividend Yield Fund Returns up to 1 year are on 1. ICICI Prudential Dividend Yield Equity Fund
CAGR/Annualized return of 13.4% since its launch. Ranked 38 in Dividend Yield category. Return for 2022 was 9.2% , 2021 was 47.1% and 2020 was 14.1% . ICICI Prudential Dividend Yield Equity Fund
Growth Launch Date 16 May 14 NAV (07 Jun 23) ₹31.31 ↑ 0.17 (0.55 %) Net Assets (Cr) ₹1,359 on 30 Apr 23 Category Equity - Dividend Yield AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.66 Sharpe Ratio 0.48 Information Ratio 1.58 Alpha Ratio 6.34 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹9,703 31 May 20 ₹7,156 31 May 21 ₹12,496 31 May 22 ₹14,997 31 May 23 ₹17,624 Returns for ICICI Prudential Dividend Yield Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 4.2% 3 Month 5.8% 6 Month 5% 1 Year 19.5% 3 Year 33.6% 5 Year 12.6% 10 Year 15 Year Since launch 13.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 9.2% 2021 47.1% 2020 14.1% 2019 -2.9% 2018 -11.9% 2017 40.7% 2016 9.7% 2015 -5.2% 2014 2013 Fund Manager information for ICICI Prudential Dividend Yield Equity Fund
Name Since Tenure Mittul Kalawadia 29 Jan 18 5.25 Yr. Sharmila D’mello 31 Jul 22 0.75 Yr. Data below for ICICI Prudential Dividend Yield Equity Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 25.86% Technology 12.11% Industrials 9.9% Consumer Cyclical 9.6% Utility 9.25% Health Care 6.15% Energy 6.12% Communication Services 4.24% Basic Materials 2.78% Consumer Defensive 1.62% Asset Allocation
Asset Class Value Cash 9.83% Equity 87.62% Debt 2.55% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | ICICIBANK7% ₹97 Cr 1,062,186 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Oct 16 | NTPC7% ₹89 Cr 5,195,933
↑ 290,127 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 21 | SUNPHARMA6% ₹84 Cr 845,886
↑ 12,726 Infosys Ltd (Technology)
Equity, Since 31 May 14 | INFY5% ₹70 Cr 562,317
↑ 25,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK5% ₹62 Cr 369,180
↑ 14,377 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 Dec 21 | 5003125% ₹62 Cr 3,890,882
↓ -533,418 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL4% ₹58 Cr 721,845 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | MARUTI4% ₹50 Cr 58,777 HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 20 | HCLTECH4% ₹49 Cr 462,578 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 21 | LT4% ₹48 Cr 203,900
↓ -62,940 2. Templeton India Equity Income Fund
CAGR/Annualized return of 13.9% since its launch. Ranked 46 in Dividend Yield category. Return for 2022 was 5.3% , 2021 was 43.1% and 2020 was 22.9% . Templeton India Equity Income Fund
Growth Launch Date 18 May 06 NAV (07 Jun 23) ₹91.46 ↑ 0.65 (0.71 %) Net Assets (Cr) ₹1,411 on 30 Apr 23 Category Equity - Dividend Yield AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.32 Sharpe Ratio 0.16 Information Ratio 1.09 Alpha Ratio -2.62 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹9,733 31 May 20 ₹7,862 31 May 21 ₹14,319 31 May 22 ₹17,301 31 May 23 ₹18,860 Returns for Templeton India Equity Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 1.7% 3 Month 3% 6 Month 3.9% 1 Year 10% 3 Year 31.7% 5 Year 13.7% 10 Year 15 Year Since launch 13.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.3% 2021 43.1% 2020 22.9% 2019 5.3% 2018 -8.6% 2017 34.1% 2016 9.4% 2015 -1.6% 2014 38.5% 2013 3.7% Fund Manager information for Templeton India Equity Income Fund
Name Since Tenure Anand Radhakrishnan 1 Jan 19 4.33 Yr. Sandeep Manam 18 Oct 21 1.53 Yr. Rajasa Kakulavarapu 6 Sep 21 1.65 Yr. Data below for Templeton India Equity Income Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Technology 21.66% Utility 20.84% Energy 14.86% Consumer Defensive 12.67% Real Estate 6.01% Basic Materials 5.53% Consumer Cyclical 4.77% Financial Services 4.64% Industrials 2.08% Communication Services 0.89% Asset Allocation
Asset Class Value Cash 6.01% Equity 93.96% Other 0.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Jan 19 | POWERGRID6% ₹83 Cr 3,500,000 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Jan 19 | NTPC5% ₹65 Cr 3,800,000 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 30 Sep 21 | ITC5% ₹64 Cr 1,500,000 Infosys Ltd (Technology)
Equity, Since 30 Apr 13 | INFY4% ₹63 Cr 500,000 NHPC Ltd (Utilities)
Equity, Since 31 Mar 20 | NHPC4% ₹62 Cr 14,000,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 22 | HCLTECH4% ₹56 Cr 530,000 GAIL (India) Ltd (Utilities)
Equity, Since 31 Jan 19 | GAIL4% ₹56 Cr 5,250,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 28 Feb 07 | 5003124% ₹52 Cr 3,300,000 Embassy Office Parks REIT (Real Estate)
-, Since 31 Oct 19 | EMBASSY3% ₹43 Cr 1,300,000 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | HDFC3% ₹42 Cr 150,000 3. Aditya Birla Sun Life Dividend Yield Fund
CAGR/Annualized return of 18% since its launch. Ranked 73 in Dividend Yield category. Return for 2022 was 5.2% , 2021 was 36.2% and 2020 was 16.1% . Aditya Birla Sun Life Dividend Yield Fund
Growth Launch Date 26 Feb 03 NAV (07 Jun 23) ₹287.18 ↑ 2.44 (0.86 %) Net Assets (Cr) ₹883 on 30 Apr 23 Category Equity - Dividend Yield AMC Birla Sun Life Asset Management Co Ltd Rating ☆ Risk Moderately High Expense Ratio 2.44 Sharpe Ratio 0.44 Information Ratio 0.21 Alpha Ratio 7.18 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹9,289 31 May 20 ₹7,879 31 May 21 ₹12,860 31 May 22 ₹13,842 31 May 23 ₹16,511 Returns for Aditya Birla Sun Life Dividend Yield Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 3.6% 3 Month 5.6% 6 Month 3.5% 1 Year 21.6% 3 Year 26.7% 5 Year 11.1% 10 Year 15 Year Since launch 18% Historical performance (Yearly) on absolute basis
Year Returns 2022 5.2% 2021 36.2% 2020 16.1% 2019 3.5% 2018 -14.6% 2017 33.2% 2016 2.6% 2015 -5.5% 2014 55.8% 2013 -3% Fund Manager information for Aditya Birla Sun Life Dividend Yield Fund
Name Since Tenure Dhaval Gala 1 Apr 22 1.08 Yr. Dhaval Joshi 21 Nov 22 0.44 Yr. Data below for Aditya Birla Sun Life Dividend Yield Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Technology 17.23% Consumer Defensive 14.49% Financial Services 13.33% Basic Materials 13.28% Consumer Cyclical 13.16% Industrials 10.88% Energy 7.05% Utility 6.15% Health Care 2.17% Asset Allocation
Asset Class Value Cash 2.26% Equity 97.74% Top Securities Holdings / Portfolio
Name Holding Value Quantity ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 28 Feb 18 | ITC7% ₹62 Cr 1,450,000 Infosys Ltd (Technology)
Equity, Since 30 Jun 11 | INFY7% ₹60 Cr 478,545 LVMH Moet Hennessy Louis Vuitton SE (Consumer Cyclical)
Equity, Since 31 Jul 19 | LVMHF4% ₹34 Cr 4,350 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Dec 18 | NTPC4% ₹32 Cr 1,837,991
↓ -5,571 NMDC Ltd (Basic Materials)
Equity, Since 30 Apr 18 | NMDC3% ₹27 Cr 2,527,829 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 22 | 5004693% ₹27 Cr 2,000,000 Starbucks Corp (Consumer Cyclical)
Equity, Since 31 Oct 18 | SRB3% ₹26 Cr 28,000 RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Mar 14 | RHIM3% ₹25 Cr 385,081 L'Oreal SA (Consumer Defensive)
Equity, Since 31 Jul 19 | LRLCF3% ₹24 Cr 6,200 Bharat Petroleum Corp Ltd Shs Dematerialised (Energy)
Equity, Since 31 Jan 21 | BPCL3% ₹23 Cr 650,000 4. UTI Dividend Yield Fund
CAGR/Annualized return of 14.2% since its launch. Ranked 75 in Dividend Yield category. Return for 2022 was -5.3% , 2021 was 38.8% and 2020 was 18.9% . UTI Dividend Yield Fund
Growth Launch Date 3 May 05 NAV (07 Jun 23) ₹110.386 ↑ 1.01 (0.92 %) Net Assets (Cr) ₹2,810 on 30 Apr 23 Category Equity - Dividend Yield AMC UTI Asset Management Company Ltd Rating ☆ Risk Moderately High Expense Ratio 2.1 Sharpe Ratio -0.23 Information Ratio -0.42 Alpha Ratio -2.63 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,311 31 May 20 ₹8,842 31 May 21 ₹14,339 31 May 22 ₹15,439 31 May 23 ₹17,112 Returns for UTI Dividend Yield Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 5.3% 3 Month 5.3% 6 Month 4.5% 1 Year 12.8% 3 Year 23.5% 5 Year 11.7% 10 Year 15 Year Since launch 14.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 -5.3% 2021 38.8% 2020 18.9% 2019 3.3% 2018 0.5% 2017 28.5% 2016 6.1% 2015 -5.1% 2014 41.2% 2013 0.2% Fund Manager information for UTI Dividend Yield Fund
Name Since Tenure Amit Premchandani 16 Nov 22 0.45 Yr. Data below for UTI Dividend Yield Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Technology 23.54% Consumer Defensive 17.63% Financial Services 13.06% Utility 9.88% Energy 7.92% Basic Materials 7.44% Industrials 6.82% Health Care 6.43% Consumer Cyclical 5.29% Communication Services 0.66% Asset Allocation
Asset Class Value Cash 1.33% Equity 98.67% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY7% ₹188 Cr 1,500,000 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 30 Nov 07 | ITC6% ₹179 Cr 4,200,000
↓ -600,000 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 31 Jul 05 | NTPC5% ₹141 Cr 8,200,000
↓ -300,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 17 | TECHM5% ₹138 Cr 1,350,000 Tata Steel Ltd Shs Dematerialised (Basic Materials)
Equity, Since 31 Aug 19 | TATASTEEL4% ₹117 Cr 10,838,600 Mphasis Ltd Shs Dematerialised (Technology)
Equity, Since 31 Mar 14 | MPHASIS4% ₹109 Cr 600,000 Marico Ltd Shs Dematerialsed (Consumer Defensive)
Equity, Since 29 Feb 20 | MARICO4% ₹107 Cr 2,150,000 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | HINDUNILVR4% ₹104 Cr 425,000 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 08 | TCS3% ₹97 Cr 300,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 07 | ICICIBANK3% ₹83 Cr 900,000
↓ -100,000 5. Principal Dividend Yield Fund
CAGR/Annualized return of 12.7% since its launch. Ranked 37 in Dividend Yield category. Return for 2022 was 1.3% , 2021 was 32.5% and 2020 was 20.2% . Principal Dividend Yield Fund
Growth Launch Date 15 Oct 04 NAV (07 Jun 23) ₹92.4181 ↑ 0.68 (0.75 %) Net Assets (Cr) ₹420 on 30 Apr 23 Category Equity - Dividend Yield AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 2.64 Sharpe Ratio -0.01 Information Ratio -0.51 Alpha Ratio 0.34 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 May 18 ₹10,000 31 May 19 ₹10,276 31 May 20 ₹8,892 31 May 21 ₹14,182 31 May 22 ₹15,477 31 May 23 ₹17,253 Returns for Principal Dividend Yield Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 7 Jun 23 Duration Returns 1 Month 4.3% 3 Month 5.6% 6 Month 3.2% 1 Year 13.9% 3 Year 23.3% 5 Year 11.9% 10 Year 15 Year Since launch 12.7% Historical performance (Yearly) on absolute basis
Year Returns 2022 1.3% 2021 32.5% 2020 20.2% 2019 4.4% 2018 -5.2% 2017 46.6% 2016 7.2% 2015 -3.4% 2014 44.9% 2013 -5.3% Fund Manager information for Principal Dividend Yield Fund
Name Since Tenure Ratish Varier 1 Jan 22 1.33 Yr. Ashish Aggarwal 1 Jan 22 1.33 Yr. Data below for Principal Dividend Yield Fund as on 30 Apr 23
Equity Sector Allocation
Sector Value Financial Services 22.85% Technology 13.88% Industrials 12.48% Utility 9.12% Consumer Defensive 8.67% Basic Materials 7.2% Energy 7.14% Consumer Cyclical 7.06% Health Care 3.13% Communication Services 1.33% Asset Allocation
Asset Class Value Cash 6.95% Equity 92.88% Debt 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | HDFCBANK6% ₹25 Cr 149,000
↑ 9,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY5% ₹19 Cr 155,000
↑ 10,000 NTPC Ltd Shs Dematerialised (Utilities)
Equity, Since 30 Apr 18 | NTPC4% ₹19 Cr 1,085,000
↑ 25,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹18 Cr 200,000 ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 30 Nov 09 | ITC4% ₹17 Cr 404,000
↑ 36,266 Reliance Industries Ltd (Energy)
Equity, Since 29 Feb 12 | RELIANCE4% ₹15 Cr 63,000
↑ 2,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 08 | SBIN3% ₹13 Cr 231,000
↑ 21,000 Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 31 Mar 18 | TCS3% ₹12 Cr 36,600
↓ -2,621 HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 18 | HCLTECH3% ₹12 Cr 110,500
↑ 2,500 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Sep 14 | HINDUNILVR3% ₹11 Cr 46,000
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FAQs
1. What are the SEBI guidelines for dividend funds?
A: As per the SEBI guidelines in dividend funds, investments must be made only in companies that provide investors with high dividends. Additionally, under this scheme, 65% of the assets must be invested in high dividend-yielding stocks.
2. What should I know before investing in dividend funds?
A: Dividend funds have been known to produce high returns. Some funds have been known to produce an annual return of 21%. However, investors must be prepared to take moderate to high risks when Investing in dividend funds.
3. Who is best suited to invest in dividend funds?
A: Wealth managers suggest that investors should be prepared to look at an investment period of 5 years for dividend funds to produce the desired returns.
4. Why should I invest in UTI Dividend Yield Fund?
A: The UTI Dividend Yield Fund is one of the best performing dividend funds. It has produced excellent returns in the past five years. The UTI Dividend Yield Fund has demonstrated a Compounded Annual Growth Rate or CAGR of 3.33%. So if you are to invest Rs.80,000 now, you can expect a Total Return of Rs 94,237.15 at the end of 5 years.
5. What is the Principal Dividend Yield Fund?
A: It consists of a diversified portfolio of companies that have been known to provide excellent dividends to investors. The particular fund has been known to produce returns of 9.56% on a 7-year Basis. The company has a diversified portfolio of investments in high and mid-cap companies.
6. Can I invest in dividend funds online?
A: Yes, you can invest online. You will have to log-in to the financial institution's account Offering the service, upload a copy of your PAN Card, Aadhar card, and Bank details. Once you have completed the registration process, you can invest in dividend funds online.
7. Why should I invest in dividend funds?
A: It is ideal for those who want to earn passive Income. This will help you achieve regular income, even if it is low. Thus, to secure your investment and generate good investment habits, you should invest in dividend funds.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Good information.. Should I invest in hdfc dividend yield fund whose nfo is open till 11th