Aditya Birla Sun Life Dividend Yield Fund Direct Growth

Equity
Direct
Dividend Yield
Aditya Birla Sun Life Dividend Yield Fund Direct Growth

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

  1. Aditya Birla Sun Life Dividend Yield Fund Direct Growth has ₹1366 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.4.

Returns

Aditya Birla Sun Life Dividend Yield Fund Direct Growth has given a CAGR return of 17.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 52.10%, 25.55% and 24.02% respectively.

Holdings

Aditya Birla Sun Life Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Utilities, Industrial, Energy, Consumer Cyclical, Consumer Defensive, Basic Materials, Health, Real Estate, Communication. Its top holdings are Coal India Ltd, Infosys Ltd, NTPC Ltd, HDFC Bank Ltd, CMS Info Systems 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 benefit
Dividends 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
zero opening, trading, fund transfer fee
260 people have invested ₹ 36.7L 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
28% Risk Management
0% Cost
4 out of 6 among dividend yield
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Beats FD returns for both 3Y & 5Y
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Highly volatile within category

Fund Overview

Expense ratio1.44%
Benchmark
S&P BSE 500 India TR INR
AUM₹1366 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
24.02%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 97.7%

  • Debt & Cash 2.3%

Large cap
55.4%

Small cap
29.4%

Mid cap
12.9%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
21.5%
Tech
16.7%
Utilities
12%
Industrial
11.2%
Energy
10.8%
Consumer Cyclical
10.8%
Consumer Defensive
8.1%
Basic Materials
6.2%
Health
1.7%
Real Estate
1%
Communication
0.1%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Dhaval Gala
Dhaval Gala
Fund Manager of Aditya Birla Sun Life Dividend Yield Fund Direct Growth, since 1 April 2022

Mutual Fund Insights

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In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 25.66% return, outperforming this fund by 1.63% per annum.
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In the last 1 year, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 55.31% return, outperforming this fund by 3.21%.
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Over the last 6 months, this fund has experienced a 22.6% growth in AUM moving from 1.11K Cr to 1.36K Cr.
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Over the last 6 months, this fund has decreased expense ratio by 8.9% moving from 1.58 to 1.44.
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In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 31.02% return, outperforming this fund by 5.48% per annum.

Aditya Birla Sun Life Dividend Yield Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.45% since inception which is less than its category average return of 21.47%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.73% in Equity, 0% in Debt and 2.27% in Cash related instruments
AUM size ₹1366 Cr

AUM size ₹1366 Cr

This fund has AUM of ₹1366 Cr which is less than its category average of ₹ 3010 Cr
Expense Ratio 1.44%

Expense Ratio 1.44%

This fund has an expense ratio of 1.44% which is less than its category average expense ratio of 1.51%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Dividend Yield Fund Direct Growth is ₹479.36 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
Aditya Birla Sun Life Dividend Yield Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.55%
5.55%
6 Month Returns
18.17%
18.17%
1 Year Returns
52.1%
52.1%
3 Years Returns
97.89%
25.55%
5 Years Returns
193.46%
24.02%
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1.44% as on May 2024
₹1366 Cr as on May 2024
Coal India Ltd(5.03%), Infosys Ltd(4.93%), NTPC Ltd(4.03%), HDFC Bank Ltd(3.36%), CMS Info Systems Ltd(2.92%) as on May 2024
Financial Services(21.05%), Tech(16.28%), Utilities(11.69%) as on May 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
7.46
6.63
4.74
As on May 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
0.92
0.91
As on May 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
2.58
1.3
0.92
As on May 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
13.37
13.73
18.38
As on May 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 2.75 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.94 as on May 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%