This is a fund that invests mainly in companies which have a high dividend yield, which is basically a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other dividend yield fund, if you need to redeem your investment in less than five years.
Taxability of earnings:
|Equity: Thematic-Dividend Yield||2.76||-0.31||0.00||3.54||4.82||8.08||6.03||8.42||5.71||9.82||9.79|
|Rank within category||2||3||1||1||1||2||1||5||5||4||4|
|Number of funds in category||6||6||6||6||6||6||5||5||5||4||4|
As on 21-Jan-2020
|Best (Period)||Worst (Period)|
|Week||-- ( - )||-- ( - )|
|Month||33.42 (06-May-2009 - 05-Jun-2009)||-28.85 (09-May-2006 - 08-Jun-2006)|
|Quarter||61.81 (09-Mar-2009 - 10-Jun-2009)||-32.57 (04-Jan-2008 - 04-Apr-2008)|
|Year||146.00 (24-Apr-2003 - 23-Apr-2004)||-45.22 (03-Jan-2008 - 02-Jan-2009)|
|Equity: Thematic-Dividend Yield||9.22||12.49||0.29||0.46||0.85||-5.75|
|Rank within category||5||5||5||5||5||5|
|Number of funds in category||5||5||5||5||5||5|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2019
|Number of Stocks||49|
|Top 10 Stocks (%)||36.50|
|Top 5 Stocks (%)||21.87|
|Top 3 Sectors (%)||50.00|
|Portfolio P/B Ratio||2.60|
|Portfolio P/E Ratio||15.16|
|Average Mkt Cap (Rs Cr)||40,072||50,263|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|Orient Refractories Ltd.||Construction||31.44||3.07||1.27||3.07|
|City Union Bank||Financial||23.90||2.64||1.06||2.64|
|Starbucks Corporation (USA)||FMCG||--||2.32|
|Tata Consultancy Services||Technology||25.14||2.21||0.00||2.01|
|Lvmh Moet Hennessy Louis Vuitton Sa||Textiles||--||1.98|
|P&G Hygiene & Health Care||FMCG||88.31||2.83||1.66||1.98|
|Multi Commodity Exchange India||Financial||32.68||1.89||0.45||1.86|
|The Walt Disney Company||Services||--||1.81|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
Education: Mr. Mohanty is a B.Com (H), Chartered Accountant and CFA.
Experience: He has been part of Birla group since last 17 years. He has over 12 years of experience in Finance and Research. He has handled responsibilities across Fund Management (Equity & Debt), Trading and Credit Research functions. Prior to joining BSLAMC, he has worked with Aditya Birla Management Corporation Ltd & joined ABG as a management Trainee.
Education: Mr. Maloo is a Chartered Accountant.
Experience: Prior to joining Birla Sun Life AMC he has worked with Hindalco.
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The scheme aims to generate returns by investing in high dividend paying companies. It would aim to build a portfolio that provides high dividend yield, substantial capital protection and a strong possibility of capital gains.
|Minimum Investment (₹)||1,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||1|
|Minimum Balance (₹)||500|
|Exit Load||For units in excess of 15% of the investment,1% will be charged for redemption within 365 days|
|Fund House:||Aditya Birla Sun Life Mutual Fund|
|Return Since Launch:||18.18%|
|Benchmark:||NIFTY Div Opps 50 TRI|
|Assets:||₹ 753 Cr (As on 31-Dec-2019)|
|Expense:||2.54% (As on 31-Dec-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Aditya Birla Sun Life AMC Ltd.
Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013
Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Email: [email protected]