SBI Dividend Yield Fund Direct Growth
Equity
Direct
Dividend Yield
NAV: ₹ 13.84 as on 22-04-2024
Fund Performance
1063 people have invested ₹ 87.8L in SBI Dividend Yield Fund Direct Growth in the last three months
INDmoney Rank of SBI Dividend Yield Fund Direct Growth
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IND ranking is not available for this fund.
Pros
Among most bought funds within the category
Cons
No bad points found for this fund.
About the SBI Dividend Yield Fund Direct Growth
SBI Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 14 March, 2023. The fund is managed by Mohit Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- SBI Dividend Yield Fund Direct Growth has ₹6935 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
SBI Dividend Yield Fund Direct Growth Overview
 | 0.76% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹6935 Cr |
 | 14 March, 2023 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 75.64% |
SBI Dividend Yield Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
66%
Mid cap
22.6%
Small cap
4.1%
Sector Allocation
Financial Services
21.5%
Tech
16.9%
Consumer Cyclical
15.2%
Industrial
14%
Consumer Defensive
10.2%
Utilities
9.1%
Basic Materials
4.2%
Energy
3.4%
Health
2.8%
Real Estate
2.7%
Top Holdings of SBI Dividend Yield Fund Direct Growth as on (31-Mar-24)
Equity Holdings36
Debt Holdings1
SBI Dividend Yield Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.40% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.87% in Mar'24
AUM Change
- AUM of the fund stands at 6.8K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Dividend Yield Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Cummins India Ltd | 14.4% |
 Bajaj Auto Ltd | 8.1% |
 Maruti Suzuki India Ltd | 7.7% |
Peer Analysis
SBI Dividend Yield Fund Direct Growth Fund Manager
Mohit Jain
Fund Manager of SBI Dividend Yield Fund Direct Growth, since 14 March 2023
Top funds managed
SBI 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 33.63% since inception which is more than its category average return of 19.63%
Fund Allocations
This fund has an allocation of 94.23% in Equity, 1.13% in Debt and 4.64% in Cash related instruments
AUM size ₹6935 Cr
This fund has AUM of ₹6935 Cr which is more than its category average of ₹ 2766 Cr
Expense Ratio 0.76%
This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.52%
Frequently Asked Questions
The current NAV of SBI Dividend Yield Fund Direct Growth is ₹13.84 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
SBI Dividend Yield Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.28% | 3.28% |
6 Month Returns | 17.03% | 17.03% |
1 Year Returns | 34.99% | 34.99% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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0.76% as on March 2024
₹6935 Cr as on March 2024
HDFC Bank Ltd(7.92%), Infosys Ltd(5.76%), Power Grid Corp Of India Ltd(5.46%), Tata Consultancy Services Ltd(4.98%), State Bank of India(4.72%) as on March 2024
Financial Services(20.22%), Tech(15.95%), Consumer Cyclical(14.31%) as on March 2024
The alpha ratio for the SBI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Dividend Yield Fund Direct Growth | -0.68 | - | - |
As on March 2024
The alpha for SBI 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 SBI Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Dividend Yield Fund Direct Growth | 0.88 | - | - |
As on March 2024
The Beta for SBI 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 SBI 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 |
SBI Dividend Yield Fund Direct Growth | 2.42 | - | - |
As on March 2024
The sharpe ratio for SBI 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 SBI 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 |
SBI Dividend Yield Fund Direct Growth | 9.82 | - | - |
As on March 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.
Mohit Jain is the fund manager of SBI Dividend Yield Fund Direct Growth
The Exit load of SBI Dividend Yield Fund Direct Growth is 1%