Aditya Birla Sun Life Dividend Yield Fund Direct Growth
Equity
Direct
Dividend Yield
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 ₹1447 Cr worth of assets under management (AUM) as on Jun 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 18.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 53.30%, 25.59% and 26.27% respectively.
Holdings
Aditya Birla Sun Life Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Utilities, Industrial, Consumer Cyclical, Energy, Consumer Defensive, Basic Materials, Health, Real Estate, Communication. Its top holdings are Infosys Ltd, Coal India Ltd, NTPC Ltd, CMS Info Systems Ltd, Hero MotoCorp 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.
Fund Performance
296 people have invested ₹ 60.4L in Aditya Birla Sun Life Dividend Yield Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
4
/6
54% Performance
26% Risk Management
1% Cost
4 out of 6 among dividend yield
Beats FD returns for both 3Y & 5Y
Highly volatile within category
Fund Overview
| Expense ratio | 1.42% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1447 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 24.02% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
54%
Small cap
28.6%
Mid cap
15.2%
Sector Allocation
Financial Services
20.4%
Tech
19.1%
Utilities
12.1%
Industrial
11%
Consumer Cyclical
10.6%
Energy
10%
Consumer Defensive
7.7%
Basic Materials
5.9%
Health
1.3%
Real Estate
1%
Communication
1%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Infosys Ltd | 5.18% | 0% | |
 Coal India Ltd | 4.57% | 0% | |
 NTPC Ltd | 4.01% | 0% | |
 CMS Info Systems Ltd | 3.07% | 0% | |
 Hero MotoCorp Ltd | 2.63% | 0% |
See all
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
 LIC Housing Finance Ltd | 5% |
Dhaval Gala
Fund Manager of Aditya Birla Sun Life Dividend Yield Fund Direct Growth, since 1 April 2022
Top funds managed
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 19.9% growth in AUM moving from 1.20K Cr to 1.44K Cr.
Over the last 15 months, this fund has decreased expense ratio by 17.9% moving from 1.73 to 1.42.
In the last 1 year, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 55.24% return, outperforming this fund by 1.94%.
In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 31.33% return, outperforming this fund by 5.74% per annum.
In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 27.69% return, outperforming this fund by 1.42% per annum.
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 18.19% since inception which is less than its category average return of 21.98%
Fund Allocations
This fund has an allocation of 98.3% in Equity, 0% in Debt and 1.7% in Cash related instruments
AUM size ₹1447 Cr
This fund has AUM of ₹1447 Cr which is less than its category average of ₹ 3264 Cr
Expense Ratio 1.42%
This fund has an expense ratio of 1.42% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of Aditya Birla Sun Life Dividend Yield Fund Direct Growth is ₹506.47 as on 24-Jul-2024.
Existing (Absolute + CAGR) as on 24-Jul-2024.
Aditya Birla Sun Life Dividend Yield Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.19% | 5.19% |
6 Month Returns | 20.32% | 20.32% |
1 Year Returns | 53.3% | 53.3% |
3 Years Returns | 98.09% | 25.59% |
5 Years Returns | 221.02% | 26.27% |
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.
1.42% as on June 2024
₹1447 Cr as on June 2024
Infosys Ltd(5.18%), Coal India Ltd(4.57%), NTPC Ltd(4.01%), CMS Info Systems Ltd(3.07%), Hero MotoCorp Ltd(2.63%) as on June 2024
Financial Services(20.01%), Tech(18.73%), Utilities(11.9%) as on June 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 | 7.87 | 5.59 | 4.78 |
As on June 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 | 1.06 | 0.91 | 0.91 |
As on June 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 | 2.65 | 1.31 | 0.99 |
As on June 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 | 13.69 | 13.84 | 18.45 |
As on June 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 2.79 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.75 as on June 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%