Equity
Direct
Dividend Yield
NAV as on 06-09-2024
₹ 520.9
1D
Inception Returns
18.3%
/yr
Aditya Birla Sun Life Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhaval Gala. The fund could potentially beat inflation in the long-run.
Aditya Birla Sun Life Dividend Yield Fund Direct Growth has given a CAGR return of 18.34% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.21%, 25.25% and 27.01% respectively.
Aditya Birla Sun Life Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Utilities, Energy, Industrial, Consumer Cyclical, Consumer Defensive, Basic Materials, Health, Real Estate, Communication. Its top holdings are Infosys Ltd, Coal India Ltd, NTPC Ltd, CMS Info Systems Ltd, ITC Ltd
As it is a dividend yield mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The objective of the scheme is to provide capital growth and income by investing primarily in a well-diversified Investment Objective portfolio of Dividend paying companies that have a relatively high Dividend Yield.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Aditya Birla Sun Life Dividend Yield Fund Direct Growth has no lock in period.
Expense ratio | 1.4% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹1562 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 40.16% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Financial Services, Tech & Utilities
Aditya Birla Sun Life Dividend Yield Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.28% | 5.28% |
6 Month Returns | 17.35% | 17.35% |
1 Year Returns | 49.21% | 49.21% |
3 Years Returns | 96.47% | 25.25% |
5 Years Returns | 230.54% | 27.01% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Aditya Birla Sun Life Dividend Yield Fund Direct Growth | 7.05 | 6.74 | 5.59 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Aditya Birla Sun Life Dividend Yield Fund Direct Growth | 1.12 | 0.99 | 0.91 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Aditya Birla Sun Life Dividend Yield Fund Direct Growth | 2.82 | 1.38 | 1.17 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Aditya Birla Sun Life Dividend Yield Fund Direct Growth | 13.97 | 14.04 | 18.23 |