HDFC Dividend Yield Fund Direct Growth

HDFC Dividend Yield Fund Direct Growth

Equity

Direct

Dividend Yield

NAV as on 05-12-2024

₹ 26.94

0.3%

1D

Inception Returns

28.2%

/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

  1. HDFC Dividend Yield Fund Direct Growth has ₹6124 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

HDFC Dividend Yield Fund Direct Growth has given a CAGR return of 28.22% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 27.76% and 23.20% 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, Utilities, Energy, Communication, Basic Materials. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Infosys Ltd, Tech Mahindra 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 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

Annualised

zero opening, trading, fund transfer fee
7322 people have invested ₹ 10.2Cr 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
57% Risk Management
92% Cost
2 out of 6 among dividend yield
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Lower volatility within category
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Protects capital during bear phase
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Recovers losses quickly
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No bad points found for this fund.

HDFC Dividend Yield Fund Direct Growth Overview

Expense ratio0.65%
Benchmark
S&P BSE 500 India TR INR
AUM₹6124 Cr
Inception Date18 December, 2020
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
15.06%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (05-Dec-24)

Period
HDFC Dividend Yield Fund Direct Growth
Nifty 500
dividend yield
1M
1.8%
2.6%
2.1%
3M
-3.8%
-2%
-3.3%
6M
15.2%
10.6%
15.1%
1Y
27.8%
25.2%
31.4%
3Y
23.2%
16.1%
21.6%

Fund Distribution

as on (31-Oct-24)

  • Equity 98.7%

  • Debt & Cash 1.3%

Large cap
67%

Small cap
24.2%

Mid cap
6.2%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
27.8%
Industrial
16.4%
Tech
13%
Consumer Cyclical
10.4%
Health
7.8%
Consumer Defensive
6.1%
Utilities
5.4%
Energy
4.8%
Communication
4.2%
Basic Materials
4.1%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.99%
1.71%
0.96%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.99% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 0.53% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 6.1K Cr
₹ 6.4K Cr
₹ 6.2K Cr
  • AUM of the fund stands at 6.1K Cr as of Oct'24
  • AUM decreased by 258.7 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Bajaj Auto Ltd's allocation increased from 1.13% to 1.42%
Bajaj Auto Ltd's allocation increased from 1.13% to 1.42%
HDFC Bank Ltd's allocation increased from 5.52% to 5.77%
HDFC Bank Ltd's allocation increased from 5.52% to 5.77%
Tata Communications Ltd's allocation increased from 0.33% to 0.58%
Tata Communications Ltd's allocation increased from 0.33% to 0.58%
Top Stocks sold last month
Axis Bank Ltd's allocation decreased from 3.05 % to 2.99 %
Axis Bank Ltd's allocation decreased from 3.05 % to 2.99 %
Infosys Ltd's allocation decreased from 2.94 % to 2.87 %
Infosys Ltd's allocation decreased from 2.94 % to 2.87 %
Tech Mahindra Ltd's allocation decreased from 2.71 % to 2.63 %
Tech Mahindra Ltd's allocation decreased from 2.71 % to 2.63 %
Mid Cap allocation has gone up from 5.8% to 6.2%
Mid Cap allocation has gone up from 5.8% to 6.2%
Large Cap allocation has gone down from 67.7% to 67%
Large Cap allocation has gone down from 67.7% to 67%
Small Cap allocation has gone up from 24% to 24.2%
Small Cap allocation has gone up from 24% to 24.2%
Cash allocation has gone down from 0.7% to 0.7%
Cash allocation has gone down from 0.7% to 0.7%
Debt allocation has gone up from 0.6% to 0.7%
Debt allocation has gone up from 0.6% to 0.7%

Top 3 Sectors in October were Securitize, Financial Services & Industrial

Oct'24
Securitize
47%
Financial Services
28%
Industrial
16%
Sep'24
Securitize
40%
Financial Services
27%
Industrial
16%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
118
115
110
Top 5 Company Concentration
18.5%
18.2%
18.4%
Company having highest exposure
HDFC Bank Ltd (5.8%)
HDFC Bank Ltd (5.5%)
HDFC Bank Ltd (5.4%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
114.5%
106.5%
98.7%
Sector having highest exposure
Securitize (46.9%)
Securitize (39.7%)
Securitize (31.8%)
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Gopal Agrawal
Gopal Agrawal
Fund Manager of HDFC Dividend Yield Fund Direct Growth, since 18 December 2020
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹8.1L Cr
as on 31-Oct-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

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 28.22% since inception which is more than its category average return of 17.46%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.66% in Equity, 0.65% in Debt and 0.69% in Cash related instruments
AUM size ₹6124 Cr

AUM size ₹6124 Cr

This fund has AUM of ₹6124 Cr which is more than its category average of ₹ 3337 Cr
Expense Ratio 0.65%

Expense Ratio 0.65%

This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions for HDFC Dividend Yield Fund Direct Growth

The current NAV of HDFC Dividend Yield Fund Direct Growth is ₹26.94 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
HDFC Dividend Yield Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.79%
1.79%
6 Month Returns
15.23%
15.23%
1 Year Returns
27.76%
27.76%
3 Years Returns
86.98%
23.2%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.65% as on November 2024
₹6124 Cr as on November 2024
HDFC Bank Ltd(5.77%), ICICI Bank Ltd(4.22%), Axis Bank Ltd(2.99%), Infosys Ltd(2.87%), Tech Mahindra Ltd(2.63%) as on November 2024
Financial Services(27.47%), Industrial(16.21%), Tech(12.8%) as on November 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
1.05
5.58
-
As on November 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
1.04
0.96
-
As on November 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
1.49
1.18
-
As on November 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
13.6
13.34
-
As on November 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 2.31 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.91 as on November 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%