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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 ₹49.98
↓ -0.43 ₹4,875 -5.6 2.9 24.8 24.3 25.9 38.8 Aditya Birla Sun Life Dividend Yield Fund Growth ₹467.63
↓ -4.86 ₹1,540 -4 6 25.3 22.7 24 40.3 Templeton India Equity Income Fund Growth ₹141.314
↓ -1.11 ₹2,414 -4.5 3.8 26.5 20.7 25.3 33.3 UTI Dividend Yield Fund Growth ₹176.896
↓ -1.05 ₹4,198 -4.7 5.7 30.3 18.9 22.2 35.4 Principal Dividend Yield Fund Growth ₹138.348
↓ -1.12 ₹933 -3.8 2.2 19.2 18.1 20.7 34 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 18 Dec 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 (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 16.4% 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 (18 Dec 24) ₹49.98 ↓ -0.43 (-0.85 %) Net Assets (Cr) ₹4,875 on 31 Oct 24 Category Equity - Dividend Yield AMC ICICI Prudential Asset Management Company Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.41 Sharpe Ratio 2.45 Information Ratio 1.9 Alpha Ratio 8.91 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 30 Nov 19 ₹10,000 30 Nov 20 ₹10,473 30 Nov 21 ₹16,207 30 Nov 22 ₹18,878 30 Nov 23 ₹23,642 30 Nov 24 ₹31,582 Returns for ICICI Prudential Dividend Yield Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Dec 24 Duration Returns 1 Month 2.1% 3 Month -5.6% 6 Month 2.9% 1 Year 24.8% 3 Year 24.3% 5 Year 25.9% 10 Year 15 Year Since launch 16.4% 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 6.84 Yr. Sharmila D’mello 31 Jul 22 2.34 Yr. Data below for ICICI Prudential Dividend Yield Equity Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 29.71% Consumer Cyclical 10.45% Energy 9.76% Utility 8.49% Consumer Defensive 7.82% Health Care 6.75% Industrials 6.6% Technology 5.58% Basic Materials 5.41% Communication Services 3.9% Real Estate 1.66% Asset Allocation
Asset Class Value Cash 2.18% Equity 96.14% Debt 1.3% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 22 | HDFCBANK8% ₹396 Cr 2,279,824 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | ICICIBANK8% ₹375 Cr 2,905,184 NTPC Ltd (Utilities)
Equity, Since 31 Oct 16 | 5325557% ₹335 Cr 8,201,022 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 30 Apr 21 | SUNPHARMA7% ₹328 Cr 1,774,051 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jan 22 | MARUTI7% ₹317 Cr 286,610
↑ 15,500 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 Dec 21 | 5003124% ₹215 Cr 8,094,802
↑ 240,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 5322154% ₹188 Cr 1,621,099
↑ 74,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL4% ₹171 Cr 1,062,548 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 21 | LT3% ₹155 Cr 428,013
↑ 50,000 Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Jul 23 | 5008252% ₹119 Cr 207,000 2. Aditya Birla Sun Life Dividend Yield Fund
CAGR/Annualized return of 19.3% 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 (17 Dec 24) ₹467.63 ↓ -4.86 (-1.03 %) Net Assets (Cr) ₹1,540 on 31 Oct 24 Category Equity - Dividend Yield AMC Birla Sun Life Asset Management Co Ltd Rating ☆ Risk Moderately High Expense Ratio 2.31 Sharpe Ratio 1.95 Information Ratio 1.22 Alpha Ratio 3.43 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 30 Nov 19 ₹10,000 30 Nov 20 ₹11,090 30 Nov 21 ₹15,397 30 Nov 22 ₹17,192 30 Nov 23 ₹22,057 30 Nov 24 ₹28,761 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 18 Dec 24 Duration Returns 1 Month 4.5% 3 Month -4% 6 Month 6% 1 Year 25.3% 3 Year 22.7% 5 Year 24% 10 Year 15 Year Since launch 19.3% 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 2.67 Yr. Dhaval Joshi 21 Nov 22 2.03 Yr. Data below for Aditya Birla Sun Life Dividend Yield Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Technology 19.36% Financial Services 18.53% Utility 11.77% Consumer Defensive 9.85% Consumer Cyclical 9.4% Industrials 8.42% Energy 7.88% Basic Materials 7.25% Health Care 2.2% Real Estate 1.63% Communication Services 0.71% Asset Allocation
Asset Class Value Cash 3.02% Equity 96.98% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Jun 11 | INFY5% ₹84 Cr 478,545 NTPC Ltd (Utilities)
Equity, Since 31 Dec 18 | 5325555% ₹79 Cr 1,932,249 ITC Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | ITC3% ₹51 Cr 1,052,102 Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 18 | 5327553% ₹45 Cr 281,469 Coal India Ltd (Energy)
Equity, Since 31 Oct 18 | COALINDIA3% ₹45 Cr 999,000 Multi Commodity Exchange of India Ltd (Financial Services)
Equity, Since 31 Dec 14 | MCX3% ₹45 Cr 68,328
↓ -7,177 CMS Info Systems Ltd (Industrials)
Equity, Since 30 Jun 23 | 5434413% ₹41 Cr 757,267
↓ -67,916 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Aug 19 | TCS3% ₹39 Cr 99,280 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 24 | HDFCBANK3% ₹39 Cr 224,893 NMDC Ltd (Basic Materials)
Equity, Since 30 Apr 18 | 5263712% ₹38 Cr 1,711,137 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 (17 Dec 24) ₹141.314 ↓ -1.11 (-0.78 %) Net Assets (Cr) ₹2,414 on 31 Oct 24 Category Equity - Dividend Yield AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.16 Sharpe Ratio 2.18 Information Ratio 0.7 Alpha Ratio 7.8 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 30 Nov 19 ₹10,000 30 Nov 20 ₹11,294 30 Nov 21 ₹17,353 30 Nov 22 ₹19,138 30 Nov 23 ₹22,660 30 Nov 24 ₹30,497 Returns for Templeton India Equity Income Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Dec 24 Duration Returns 1 Month 3.1% 3 Month -4.5% 6 Month 3.8% 1 Year 26.5% 3 Year 20.7% 5 Year 25.3% 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 1 Yr. Sandeep Manam 18 Oct 21 3.12 Yr. Rajasa Kakulavarapu 6 Sep 21 3.24 Yr. Data below for Templeton India Equity Income Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Utility 22.45% Technology 20.86% Energy 14.14% Consumer Defensive 10.3% Financial Services 6.89% Basic Materials 4.49% Industrials 3.53% Consumer Cyclical 3.37% Communication Services 1.44% Real Estate 0.56% Asset Allocation
Asset Class Value Cash 5.5% Equity 88.03% Debt 6.49% Top Securities Holdings / Portfolio
Name Holding Value Quantity NTPC Ltd (Utilities)
Equity, Since 31 Jan 19 | 5325556% ₹155 Cr 3,800,000 Infosys Ltd (Technology)
Equity, Since 30 Apr 13 | INFY5% ₹121 Cr 686,814 NHPC Ltd (Utilities)
Equity, Since 31 Mar 20 | NHPC5% ₹116 Cr 14,000,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 22 | HCLTECH5% ₹113 Cr 640,932 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 21 | ITC4% ₹100 Cr 2,050,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK4% ₹99 Cr 570,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 28 Feb 07 | 5003124% ₹93 Cr 3,500,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Jan 19 | 5328984% ₹92 Cr 2,879,000 Embassy Office Parks Reit
Unlisted bonds | -3% ₹84 Cr 2,124,224 GAIL (India) Ltd (Utilities)
Equity, Since 31 Jan 19 | 5321553% ₹84 Cr 4,197,000 4. UTI Dividend Yield Fund
CAGR/Annualized return of 15.8% 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 (18 Dec 24) ₹176.896 ↓ -1.05 (-0.59 %) Net Assets (Cr) ₹4,198 on 31 Oct 24 Category Equity - Dividend Yield AMC UTI Asset Management Company Ltd Rating ☆ Risk Moderately High Expense Ratio 2.04 Sharpe Ratio 2.39 Information Ratio 0.45 Alpha Ratio 8.81 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 30 Nov 19 ₹10,000 30 Nov 20 ₹11,026 30 Nov 21 ₹15,856 30 Nov 22 ₹16,169 30 Nov 23 ₹19,610 30 Nov 24 ₹27,199 Returns for UTI Dividend Yield Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Dec 24 Duration Returns 1 Month 3% 3 Month -4.7% 6 Month 5.7% 1 Year 30.3% 3 Year 18.9% 5 Year 22.2% 10 Year 15 Year Since launch 15.8% 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 2.04 Yr. Data below for UTI Dividend Yield Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 26.35% Technology 16.24% Consumer Defensive 9.39% Consumer Cyclical 9.22% Health Care 8.88% Utility 7.33% Industrials 5.94% Energy 5.9% Basic Materials 5.53% Communication Services 1.16% Asset Allocation
Asset Class Value Cash 4.07% Equity 95.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 12 | HDFCBANK8% ₹332 Cr 1,850,000 Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY4% ₹176 Cr 950,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 17 | TECHM4% ₹167 Cr 975,000 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Jun 23 | M&M3% ₹119 Cr 400,000 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 07 | ICICIBANK3% ₹117 Cr 900,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 08 | TCS3% ₹115 Cr 270,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Nov 07 | ITC3% ₹114 Cr 2,400,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Dec 23 | KOTAKBANK3% ₹106 Cr 600,000 State Bank of India (Financial Services)
Equity, Since 31 Mar 23 | SBIN2% ₹101 Cr 1,200,000
↑ 100,000 NTPC Ltd (Utilities)
Equity, Since 31 Jul 05 | NTPC2% ₹98 Cr 2,700,000 5. 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 (18 Dec 24) ₹138.348 ↓ -1.12 (-0.80 %) Net Assets (Cr) ₹933 on 31 Oct 24 Category Equity - Dividend Yield AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Rating ☆☆☆ Risk Moderately High Expense Ratio 2.4 Sharpe Ratio 1.93 Information Ratio 0.42 Alpha Ratio 1.11 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 30 Nov 19 ₹10,000 30 Nov 20 ₹11,294 30 Nov 21 ₹15,420 30 Nov 22 ₹16,662 30 Nov 23 ₹20,031 30 Nov 24 ₹25,472 Returns for Principal Dividend Yield Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Dec 24 Duration Returns 1 Month 3.9% 3 Month -3.8% 6 Month 2.2% 1 Year 19.2% 3 Year 18.1% 5 Year 20.7% 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 2.92 Yr. Ashish Aggarwal 1 Jan 22 2.92 Yr. Data below for Principal Dividend Yield Fund as on 31 Oct 24
Equity Sector Allocation
Sector Value Financial Services 21.34% Technology 13.17% Industrials 12.02% Utility 11.52% Energy 7.83% Consumer Defensive 7.83% Consumer Cyclical 7.5% Health Care 6.25% Basic Materials 4.56% Communication Services 2.16% Asset Allocation
Asset Class Value Cash 5.81% Equity 94.19% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | HDFCBANK6% ₹56 Cr 325,000
↑ 20,000 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY4% ₹38 Cr 215,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK4% ₹36 Cr 280,000
↑ 22,000 NTPC Ltd (Utilities)
Equity, Since 30 Apr 18 | 5325554% ₹34 Cr 840,000
↓ -85,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS3% ₹24 Cr 60,000 Reliance Industries Ltd (Energy)
Equity, Since 29 Feb 12 | RELIANCE3% ₹24 Cr 178,000 State Bank of India (Financial Services)
Equity, Since 30 Nov 08 | SBIN2% ₹23 Cr 280,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Nov 09 | ITC2% ₹22 Cr 455,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Jul 22 | 5328982% ₹22 Cr 675,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 16 | LT2% ₹21 Cr 57,000
↓ -3,000
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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