HDFC Dividend Yield Fund Direct Growth
Equity
Direct
Dividend Yield
NAV as on 20-01-2025
₹ 25.36
▲0.6%
1D
Inception Returns
25.5%
/yr
About HDFC Dividend Yield Fund Direct Growth
HDFC Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 18 December, 2020. The fund is managed by Gopal Agrawal. The fund could potentially beat inflation in the long-run.
Key Parameters
- HDFC Dividend Yield Fund Direct Growth has ₹6133 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
HDFC Dividend Yield Fund Direct Growth has given a CAGR return of 25.52% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 12.60% and 19.29% respectively.
Holdings
HDFC Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Securitize, Financial Services, Industrial, Tech, Consumer Cyclical, Health, Consumer Defensive, Energy, Utilities, Basic Materials, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Tech Mahindra Ltd, Axis Bank 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 HDFC Dividend Yield Fund Direct Growth
To provide capital appreciation and/or dividend distribution by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Dividend Yield Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
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7028 people have invested ₹ 7.5Cr in HDFC Dividend Yield Fund Direct Growth in the last three months
INDmoney Rank for HDFC Dividend Yield Fund Direct Growth
Powered by IND quant engine
2
/6
59% Performance
63% Risk Management
91% Cost
2 out of 6 among dividend yield
Lower volatility within category
Protects capital during bear phase
Recovers losses quickly
No bad points found for this fund.
HDFC Dividend Yield Fund Direct Growth Overview
| Expense ratio | 0.72% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹6133 Cr |
| Inception Date | 18 December, 2020 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 15.06% |
| STCG | Selling mutual fund 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 (20-Jan-25)
Fund Distribution
as on (30-Nov-24)
Large cap
66.5%
Small cap
23.2%
Mid cap
7%
Sector Allocation
Financial Services
27.8%
Industrial
16.4%
Tech
13.8%
Consumer Cyclical
9.9%
Health
8.1%
Consumer Defensive
5.6%
Energy
5.4%
Utilities
4.8%
Basic Materials
4.3%
Communication
3.8%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.80% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund underperformed Nifty 500 by 0.20% in Nov'24
- AUM of the fund stands at 6.1K Cr as of Dec'24
- AUM decreased by 6.9 Cr between Dec'24 and Nov'24
Top Stocks sold last month
Hindustan Aeronautics Ltd Ordinary Shares's allocation decreased from 5.26 % to 1.39 %
CESC Ltd's allocation decreased from 5.26 % to 1.08 %
Tata Steel Ltd's allocation decreased from 5.26 % to 0.91 %
Mid Cap allocation has gone up from 6.2% to 7%
Large Cap allocation has gone down from 67.5% to 66.5%
Small Cap allocation has gone down from 23.5% to 23.2%
Debt allocation has gone down from 0.6% to 0.6%
Cash allocation has gone up from 0.8% to 0.8%
Top 3 Sectors in December were Securitize, Financial Services & Industrial
Dec'24
Securitize
32%
Financial Services
28%
Industrial
16%
Nov'24
Securitize
40%
Financial Services
28%
Industrial
16%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.89% | 0% | |
 ICICI Bank Ltd | 4.18% | 0% | |
 Infosys Ltd | 3.07% | 0% | |
 Tech Mahindra Ltd | 2.78% | -8.8% | |
 Axis Bank Ltd | 2.74% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Indraprastha Gas Ltd | 1.7% |
 Lupin Ltd | 0.7% |
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Gopal Agrawal
Fund Manager of HDFC Dividend Yield Fund Direct Growth, since 18 December 2020
Top funds managed
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.98L Cr
as on 29-Nov-2024
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com
HDFC 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 25.52% since inception which is more than its category average return of 15.1%
Fund Allocations
This fund has an allocation of 98.57% in Equity, 0.61% in Debt and 0.83% in Cash related instruments
AUM size ₹6133 Cr
This fund has AUM of ₹6133 Cr which is more than its category average of ₹ 3299 Cr
Expense Ratio 0.72%
This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions for HDFC Dividend Yield Fund Direct Growth
The current NAV of HDFC Dividend Yield Fund Direct Growth is ₹25.36 as on 20-Jan-2025.
Existing (Absolute + CAGR) as on 20-Jan-2025.
HDFC Dividend Yield Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.05% | -2.05% |
6 Month Returns | -4.91% | -4.91% |
1 Year Returns | 12.6% | 12.6% |
3 Years Returns | 69.75% | 19.29% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.72% as on December 2024
₹6133 Cr as on December 2024
HDFC Bank Ltd(5.89%), ICICI Bank Ltd(4.18%), Infosys Ltd(3.07%), Tech Mahindra Ltd(2.78%), Axis Bank Ltd(2.74%) as on December 2024
Financial Services(27.38%), Industrial(16.17%), Tech(13.6%) as on December 2024
The alpha ratio for the HDFC Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HDFC Dividend Yield Fund Direct Growth | 0.98 | 5.39 | - |
As on December 2024
The alpha for HDFC 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 HDFC Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HDFC Dividend Yield Fund Direct Growth | 1.03 | 0.96 | - |
As on December 2024
The Beta for HDFC 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 HDFC 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 |
HDFC Dividend Yield Fund Direct Growth | 0.85 | 1.06 | - |
As on December 2024
The sharpe ratio for HDFC 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 HDFC 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 |
HDFC Dividend Yield Fund Direct Growth | 12.06 | 13.45 | - |
As on December 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 2.06 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.84 as on December 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Gopal Agrawal is the fund manager of HDFC Dividend Yield Fund Direct Growth
The Exit load of HDFC Dividend Yield Fund Direct Growth is 1%