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Table of Contents
- What are Dividend Yield Funds?
- Top 5 Best Dividend Yield Funds to Invest in FY 24 - 25
- 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 2024
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 24 - 25
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2023 (%) ICICI Prudential Dividend Yield Equity Fund Growth ₹46.07
↓ -0.13 ₹3,626 11.4 34 55.4 32.8 22.2 38.8 Aditya Birla Sun Life Dividend Yield Fund Growth ₹414.53
↑ 4.12 ₹1,271 6.3 30.2 52.2 27.5 21.2 40.3 Templeton India Equity Income Fund Growth ₹128.544
↑ 0.46 ₹2,075 8.7 32 45.4 26.5 22.2 33.3 Principal Dividend Yield Fund Growth ₹126.906
↑ 0.11 ₹805 7.4 29.7 45.3 21.7 18.7 34 UTI Dividend Yield Fund Growth ₹150.37
↑ 0.93 ₹3,586 8.4 27.4 46.2 21.4 18 35.4 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 26 Apr 24 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 (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 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 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 (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 1. ICICI Prudential Dividend Yield Equity Fund
CAGR/Annualized return of 16.6% since its launch. Ranked 38 in Dividend Yield category. Return for 2023 was 38.8% , 2022 was 9.2% and 2021 was 47.1% . ICICI Prudential Dividend Yield Equity Fund
Growth Launch Date 16 May 14 NAV (26 Apr 24) ₹46.07 ↓ -0.13 (-0.28 %) Net Assets (Cr) ₹3,626 on 31 Mar 24 Category Equity - Dividend Yield AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.41 Sharpe Ratio 3.8 Information Ratio 2.34 Alpha Ratio 13.88 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 Mar 19 ₹10,000 31 Mar 20 ₹6,791 31 Mar 21 ₹11,803 31 Mar 22 ₹16,206 31 Mar 23 ₹17,240 31 Mar 24 ₹26,560 Returns for ICICI Prudential Dividend Yield Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Apr 24 Duration Returns 1 Month 3.6% 3 Month 11.4% 6 Month 34% 1 Year 55.4% 3 Year 32.8% 5 Year 22.2% 10 Year 15 Year Since launch 16.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 38.8% 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 Fund Manager information for ICICI Prudential Dividend Yield Equity Fund
Name Since Tenure Mittul Kalawadia 29 Jan 18 6.17 Yr. Sharmila D’mello 31 Jul 22 1.67 Yr. Data below for ICICI Prudential Dividend Yield Equity Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 23.29% Utility 11.74% Energy 10.15% Consumer Cyclical 9.05% Health Care 7.2% Industrials 6.97% Technology 6.19% Consumer Defensive 6.05% Communication Services 5.03% Basic Materials 4.9% Real Estate 0.81% Asset Allocation
Asset Class Value Cash 6.85% Equity 91.36% Debt 1.73% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | ICICIBANK8% ₹278 Cr 2,641,147 NTPC Ltd (Utilities)
Equity, Since 31 Oct 16 | 5325558% ₹259 Cr 7,723,257
↓ -1,101,356 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 21 | SUNPHARMA7% ₹248 Cr 1,573,541 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | MARUTI6% ₹197 Cr 174,156 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK5% ₹189 Cr 1,350,000
↑ 402,283 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL4% ₹138 Cr 1,224,048
↑ 130,506 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 Dec 21 | 5003123% ₹118 Cr 4,449,550
↓ -553,031 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 21 | LT3% ₹105 Cr 300,763
↑ 47,088 NHPC Ltd (Utilities)
Equity, Since 30 Jun 23 | NHPC3% ₹96 Cr 10,900,000
↓ -2,953,186 Infosys Ltd (Technology)
Equity, Since 31 May 14 | INFY3% ₹91 Cr 543,317 2. Aditya Birla Sun Life Dividend Yield Fund
CAGR/Annualized return of 19.2% since its launch. Ranked 73 in Dividend Yield category. Return for 2023 was 40.3% , 2022 was 5.2% and 2021 was 36.2% . Aditya Birla Sun Life Dividend Yield Fund
Growth Launch Date 26 Feb 03 NAV (25 Apr 24) ₹414.53 ↑ 4.12 (1.00 %) Net Assets (Cr) ₹1,271 on 31 Mar 24 Category Equity - Dividend Yield AMC Birla Sun Life Asset Management Co Ltd Rating ☆ Risk Moderately High Expense Ratio 2.43 Sharpe Ratio 2.61 Information Ratio 1 Alpha Ratio 4.34 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 Mar 19 ₹10,000 31 Mar 20 ₹7,504 31 Mar 21 ₹12,123 31 Mar 22 ₹15,820 31 Mar 23 ₹16,641 31 Mar 24 ₹24,544 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 26 Apr 24 Duration Returns 1 Month 5.7% 3 Month 6.3% 6 Month 30.2% 1 Year 52.2% 3 Year 27.5% 5 Year 21.2% 10 Year 15 Year Since launch 19.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 40.3% 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% Fund Manager information for Aditya Birla Sun Life Dividend Yield Fund
Name Since Tenure Dhaval Gala 1 Apr 22 2 Yr. Dhaval Joshi 21 Nov 22 1.36 Yr. Data below for Aditya Birla Sun Life Dividend Yield Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 18.29% Technology 17.51% Utility 10.93% Consumer Cyclical 10.62% Energy 10.43% Industrials 8.43% Basic Materials 6.93% Consumer Defensive 6.6% Health Care 1.28% Real Estate 0.91% Asset Allocation
Asset Class Value Cash 8.07% Equity 91.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Jun 11 | INFY6% ₹80 Cr 478,545 Coal India Ltd (Energy)
Equity, Since 31 Oct 18 | COALINDIA5% ₹61 Cr 1,399,000
↓ -1,001 NTPC Ltd (Utilities)
Equity, Since 31 Dec 18 | 5325554% ₹51 Cr 1,532,249 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 Dec 14 | MCX3% ₹37 Cr 99,186 CMS Info Systems Ltd (Industrials)
Equity, Since 30 Jun 23 | 5434413% ₹35 Cr 900,000 Kewal Kiran Clothing Ltd (Consumer Cyclical)
Equity, Since 31 Oct 10 | KKCL3% ₹33 Cr 435,131 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 22 | 5003122% ₹31 Cr 1,158,184 NLC India Ltd (Utilities)
Equity, Since 30 Jun 19 | NLCINDIA2% ₹31 Cr 1,372,220
↓ -500,000 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 31 Jan 21 | 5005472% ₹30 Cr 500,000 Hero MotoCorp Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | HEROMOTOCO2% ₹30 Cr 68,161 3. Templeton India Equity Income Fund
CAGR/Annualized return of 15.3% since its launch. Ranked 46 in Dividend Yield category. Return for 2023 was 33.3% , 2022 was 5.3% and 2021 was 43.1% . Templeton India Equity Income Fund
Growth Launch Date 18 May 06 NAV (26 Apr 24) ₹128.544 ↑ 0.46 (0.36 %) Net Assets (Cr) ₹2,075 on 31 Mar 24 Category Equity - Dividend Yield AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.29 Sharpe Ratio 2.3 Information Ratio 0.73 Alpha Ratio 1.82 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 Mar 19 ₹10,000 31 Mar 20 ₹7,181 31 Mar 21 ₹13,476 31 Mar 22 ₹17,472 31 Mar 23 ₹18,750 31 Mar 24 ₹26,466 Returns for Templeton India Equity Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Apr 24 Duration Returns 1 Month 3.6% 3 Month 8.7% 6 Month 32% 1 Year 45.4% 3 Year 26.5% 5 Year 22.2% 10 Year 15 Year Since launch 15.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 33.3% 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% Fund Manager information for Templeton India Equity Income Fund
Name Since Tenure Ajay Argal 1 Dec 23 0.33 Yr. Sandeep Manam 18 Oct 21 2.45 Yr. Rajasa Kakulavarapu 6 Sep 21 2.57 Yr. Data below for Templeton India Equity Income Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Utility 24.07% Energy 20.52% Technology 19.63% Consumer Defensive 8.6% Basic Materials 4.14% Financial Services 4.13% Industrials 2.29% Consumer Cyclical 2.26% Communication Services 0.68% Real Estate 0.03% Asset Allocation
Asset Class Value Cash 7.38% Equity 86.36% Debt 6.24% Other 0.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 31 Jan 19 | 5325556% ₹128 Cr 3,800,000 NHPC Ltd (Utilities)
Equity, Since 31 Mar 20 | NHPC6% ₹123 Cr 14,000,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Jan 19 | 5328985% ₹107 Cr 3,800,000 Coal India Ltd (Energy)
Equity, Since 31 Jan 14 | COALINDIA5% ₹96 Cr 2,200,000 GAIL (India) Ltd (Utilities)
Equity, Since 31 Jan 19 | 5321555% ₹96 Cr 5,250,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 28 Feb 07 | 5003124% ₹93 Cr 3,500,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 22 | HCLTECH4% ₹88 Cr 530,000 Infosys Ltd (Technology)
Equity, Since 30 Apr 13 | INFY4% ₹84 Cr 500,000 Hindustan Petroleum Corp Ltd (Energy)
Equity, Since 31 Jan 19 | HINDPETRO4% ₹76 Cr 1,500,000 Embassy Office Parks Reit
Unlisted bonds | -3% ₹71 Cr 1,900,000 4. Principal Dividend Yield Fund
CAGR/Annualized return of 13.9% since its launch. Ranked 37 in Dividend Yield category. Return for 2023 was 34% , 2022 was 1.3% and 2021 was 32.5% . Principal Dividend Yield Fund
Growth Launch Date 15 Oct 04 NAV (26 Apr 24) ₹126.906 ↑ 0.11 (0.09 %) Net Assets (Cr) ₹805 on 29 Feb 24 Category Equity - Dividend Yield AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 2.66 Sharpe Ratio 2.76 Information Ratio 0.45 Alpha Ratio 3.43 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 Mar 19 ₹10,000 31 Mar 20 ₹8,018 31 Mar 21 ₹13,349 31 Mar 22 ₹15,991 31 Mar 23 ₹16,231 31 Mar 24 ₹23,315 Returns for Principal Dividend Yield Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Apr 24 Duration Returns 1 Month 4.2% 3 Month 7.4% 6 Month 29.7% 1 Year 45.3% 3 Year 21.7% 5 Year 18.7% 10 Year 15 Year Since launch 13.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 34% 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% Fund Manager information for Principal Dividend Yield Fund
Name Since Tenure Ratish Varier 1 Jan 22 2.25 Yr. Ashish Aggarwal 1 Jan 22 2.25 Yr. Data below for Principal Dividend Yield Fund as on 29 Feb 24
Equity Sector Allocation
Sector Value Financial Services 25.58% Industrials 12.44% Technology 11.74% Energy 10.32% Utility 9.54% Consumer Cyclical 7.23% Consumer Defensive 6.78% Health Care 5.5% Basic Materials 4.51% Communication Services 1.42% Asset Allocation
Asset Class Value Cash 4.86% Equity 95.05% Debt 0% Other 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 29 Feb 12 | RELIANCE5% ₹42 Cr 144,000
↑ 12,085 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | HDFCBANK5% ₹38 Cr 267,666 NTPC Ltd (Utilities)
Equity, Since 30 Apr 18 | 5325555% ₹37 Cr 1,100,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY3% ₹28 Cr 165,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK3% ₹25 Cr 240,000
↑ 5,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS3% ₹21 Cr 52,000
↑ 2,000 Bharat Electronics Ltd (Industrials)
Equity, Since 28 Feb 22 | BEL2% ₹19 Cr 940,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 16 | LT2% ₹19 Cr 55,000
↑ 1,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 08 | SBIN2% ₹18 Cr 245,000
↑ 14,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Nov 09 | ITC2% ₹18 Cr 433,000 5. UTI Dividend Yield Fund
CAGR/Annualized return of 15.3% since its launch. Ranked 75 in Dividend Yield category. Return for 2023 was 35.4% , 2022 was -5.3% and 2021 was 38.8% . UTI Dividend Yield Fund
Growth Launch Date 3 May 05 NAV (26 Apr 24) ₹150.37 ↑ 0.93 (0.62 %) Net Assets (Cr) ₹3,586 on 31 Mar 24 Category Equity - Dividend Yield AMC UTI Asset Management Company Ltd Rating ☆ Risk Moderately High Expense Ratio 2.1 Sharpe Ratio 2.5 Information Ratio 0.1 Alpha Ratio 0.5 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 Mar 19 ₹10,000 31 Mar 20 ₹7,742 31 Mar 21 ₹12,765 31 Mar 22 ₹16,027 31 Mar 23 ₹15,472 31 Mar 24 ₹21,954 Returns for UTI Dividend Yield Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 Apr 24 Duration Returns 1 Month 4.6% 3 Month 8.4% 6 Month 27.4% 1 Year 46.2% 3 Year 21.4% 5 Year 18% 10 Year 15 Year Since launch 15.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 35.4% 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% Fund Manager information for UTI Dividend Yield Fund
Name Since Tenure Amit Premchandani 16 Nov 22 1.37 Yr. Data below for UTI Dividend Yield Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 21.19% Technology 15.89% Health Care 9.79% Consumer Cyclical 9.65% Consumer Defensive 9.26% Energy 8.24% Industrials 7.76% Utility 7.52% Basic Materials 6.22% Asset Allocation
Asset Class Value Cash 4.22% Equity 95.52% Debt 0.26% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 12 | HDFCBANK7% ₹246 Cr 1,750,000
↑ 150,000 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY4% ₹147 Cr 880,000 Tata Steel Ltd (Basic Materials)
Equity, Since 31 Aug 19 | TATASTEEL4% ₹134 Cr 9,500,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 17 | 5327554% ₹127 Cr 1,000,000 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Sep 08 | BEL3% ₹123 Cr 6,000,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 08 | TCS3% ₹111 Cr 270,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Jun 23 | M&M3% ₹106 Cr 550,000 NTPC Ltd (Utilities)
Equity, Since 31 Jul 05 | 5325553% ₹104 Cr 3,100,000
↓ -100,000 Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | 5329773% ₹99 Cr 125,000
↓ -5,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Nov 07 | ITC3% ₹98 Cr 2,400,000
How to Invest in Dividend Yield Mutual Funds Online?
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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