Aditya Birla Sun Life Dividend Yield Fund Direct Growth
Equity
Direct
Dividend Yield
NAV as on 06-09-2024
₹ 520.9
1D
Inception Returns
18.3%
/yr
About the Fund
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.
Key Parameters
- Aditya Birla Sun Life Dividend Yield Fund Direct Growth has ₹1562 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
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.
Holdings
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
Taxation
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.
Investment objective of Aditya Birla Sun Life Dividend Yield Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Annualised
▲
▼
337 people have invested ₹ 57.3L in Aditya Birla Sun Life Dividend Yield Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
4
/6
59% Performance
27% Risk Management
3% Cost
4 out of 6 among dividend yield
Beats FD returns for both 3Y & 5Y
Highly volatile within category
Fund Overview
| 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 |
Trailing Returns
as on (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
49.6%
Small cap
28%
Mid cap
13.4%
Sector Allocation
Tech
19.9%
Financial Services
18.4%
Utilities
11.9%
Energy
11%
Industrial
10.8%
Consumer Cyclical
9.8%
Consumer Defensive
8%
Basic Materials
6.7%
Health
1.3%
Real Estate
1.3%
Communication
1%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 7.26% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 3.73% in Jul'24
- AUM of the fund stands at 1.6K Cr as of Jul'24
- AUM increased by 115 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 1.13% to 1.81%
Infosys Ltd's allocation increased from 5.18% to 5.72%
Tech Mahindra Ltd's allocation increased from 0.91% to 1.38%
Top Stocks sold last month
Hero MotoCorp Ltd's allocation decreased from 2.63 % to 2.4 %
Bharat Electronics Ltd's allocation decreased from 2.45 % to 2.35 %
HDFC Bank Ltd's allocation decreased from 2.62 % to 2.33 %
Large Cap allocation has gone down from 54% to 48.7%
Cash allocation has gone up from 1.7% to 3.5%
Top 3 Sectors in July were Financial Services, Tech & Utilities
Jul'24
Tech
20%
Financial Services
18%
Utilities
12%
Jun'24
Financial Services
20%
Tech
19%
Utilities
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 5.72% | 0% | |
 Coal India Ltd | 4.68% | 0% | |
 NTPC Ltd | 4.08% | 0% | |
 CMS Info Systems Ltd | 3.32% | 0% | |
 ITC Ltd | 2.66% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Multi Commodity Exchange of India Ltd | 30.1% |
 Bajaj Auto Ltd | 15.2% |
 Infosys Ltd | 10.4% |
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Dhaval Gala
Fund Manager of Aditya Birla Sun Life Dividend Yield Fund Direct Growth, since 1 April 2022
Top funds managed
Fund House
Aditya Birla Sun Life AMC Ltd
Total Schemes
Total AUM
₹2.93L Cr
as on 31-Jul-2024
Address
Aditya Birla Sun Life AMC Ltd,One World Centre, Tower 1, 17th Floor,Jupiter Mill Compound, 841, Senapati Bapat Marg,Elphinstone Road
Phone
+912243568000
Website
connect@birlasunlife.com
Mutual Fund Insights
Over the last 15 months, this fund has decreased expense ratio by 18.6% moving from 1.72 to 1.40.
In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 28.96% return, outperforming this fund by 1.95% per annum.
In the last 1 year, LIC MF Dividend Yield Fund Direct Growth has given 60.25% return, outperforming this fund by 11.04%.
In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 29.71% return, outperforming this fund by 4.47% per annum.
Over the last 6 months, this fund has experienced a 22.3% growth in AUM moving from 1.27K Cr to 1.56K Cr.
Aditya Birla Sun Life Dividend Yield Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.34% since inception which is less than its category average return of 21.72%
Fund Allocations
This fund has an allocation of 96.46% in Equity, 0% in Debt and 3.54% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 3222 Cr
Expense Ratio 1.4%
This fund has an expense ratio of 1.4% which is more than its category average expense ratio of 1.35%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Dividend Yield Fund Direct Growth is ₹520.9 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
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% |
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1.4% as on August 2024
₹1562 Cr as on August 2024
Infosys Ltd(5.72%), Coal India Ltd(4.68%), NTPC Ltd(4.08%), CMS Info Systems Ltd(3.32%), ITC Ltd(2.66%) as on August 2024
Tech(19.17%), Financial Services(17.79%), Utilities(11.49%) as on August 2024
The alpha ratio for the Aditya Birla Sun Life Dividend Yield Fund Direct Growth for various period is as follows:
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 |
As on August 2024
The alpha for Aditya Birla Sun Life Dividend Yield Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Aditya Birla Sun Life Dividend Yield Fund Direct Growth for various period is as follows:
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 |
As on August 2024
The Beta for Aditya Birla Sun Life Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Aditya Birla Sun Life Dividend Yield Fund Direct Growth for various period is as follows:
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 |
As on August 2024
The sharpe ratio for Aditya Birla Sun Life Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Aditya Birla Sun Life Dividend Yield Fund Direct Growth for various period is as follows:
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 |
As on August 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.97 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.42 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Dhaval Gala is the fund manager of Aditya Birla Sun Life Dividend Yield Fund Direct Growth
The Exit load of Aditya Birla Sun Life Dividend Yield Fund Direct Growth is 1%