HDFC Dividend Yield Fund Direct Growth

HDFC Dividend Yield Fund Direct Growth

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Equity
Direct
Dividend Yield
NAV: ₹ 24.63 as on 23-05-2024

About the Fund

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

  1. HDFC Dividend Yield Fund Direct Growth has ₹4959 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.
Fund Performance
zero opening, trading, fund transfer fee
4241 people have invested ₹ 7.1Cr in HDFC Dividend Yield Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.55%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹4959 Cr
Inception Date
Inception Date
18 December, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
10.69%

HDFC Dividend Yield Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 97.2%

  • Debt & Cash 2.8%

Size breakup

Large cap
65.7%
Small cap
20.5%
Mid cap
11%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
24.9%
Industrial
17.3%
Tech
11.3%
Consumer Cyclical
10%
Utilities
7.8%
Energy
7.5%
Consumer Defensive
6.5%
Health
5.5%
Basic Materials
5%
Communication
4.2%

Top Holdings of HDFC Dividend Yield Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings92
Debt Holdings1

Gainers & Losers Returns for the month of Apr

Top Growth Drivers
1M Return
CESC Ltd
CESC Ltd
4.3%
ICICI Bank Ltd
ICICI Bank Ltd
1.9%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
4.12%
0.36%
0.48%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 4.12% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 1.66% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 5K Cr
₹ 4.7K Cr
₹ 4.6K Cr
  • AUM of the fund stands at 5K Cr as of Apr'24
  • AUM increased by 267.1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

INDmoney Rank

Powered by IND quant engine
2
/5
62% Performance
54% Risk Management
100% Cost
2 out of 5 among dividend yield

Pros

Lower volatility within category
Protects capital during bear phase
Recovers losses quickly

Cons

No bad points found for this fund.

Fund Manager

Gopal Agrawal
Gopal Agrawal
Fund Manager of HDFC Dividend Yield Fund Direct Growth, since 18 December 2020

HDFC 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 30.06% since inception which is more than its category average return of 20.89%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.18% in Equity, 0.73% in Debt and 2.09% in Cash related instruments
AUM size ₹4959 Cr

AUM size ₹4959 Cr

This fund has AUM of ₹4959 Cr which is more than its category average of ₹ 2904 Cr
Expense Ratio 0.55%

Expense Ratio 0.55%

This fund has an expense ratio of 0.55% which is less than its category average expense ratio of 1.51%

Frequently Asked Questions

The current NAV of HDFC Dividend Yield Fund Direct Growth is ₹24.63 as on 23-May-2024.
Existing (Absolute + CAGR) as on 23-May-2024.
HDFC Dividend Yield Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.91%
3.91%
6 Month Returns
23.14%
23.14%
1 Year Returns
48.71%
48.71%
3 Years Returns
111.56%
28.37%
5 Years Returns
0%
0%
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  • Select your bank account and proceed with Payment.
0.55% as on April 2024
₹4959 Cr as on April 2024
HDFC Bank Ltd(6.24%), ICICI Bank Ltd(4.41%), Larsen & Toubro Ltd(3.47%), Reliance Industries Ltd(2.96%), NTPC Ltd(2.93%) as on April 2024
Financial Services(24.24%), Industrial(16.79%), Tech(10.99%) as on April 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
4.52
8.65
-
As on April 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
1.07
0.93
-
As on April 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
2.86
1.71
-
As on April 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
11.81
12.88
-
As on April 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 3.89 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.51 as on April 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%