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Unrated

Aditya Birla Sun Life Dividend Yield Fund


1 Lakh

Investment declined to
₹ 0.85 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.14 Lakh

Analyst's Choice?

Suitability:

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:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -13.48 1.10 4.46 8.57 -8.71 -11.12 -11.81 -5.26 0.81 7.02 6.37
S&P BSE 500 TRI -15.43 1.34 6.09 10.41 -10.09 -14.39 -14.55 0.84 5.76 10.02 8.25
Equity: Thematic-Dividend Yield -11.92 1.05 4.68 9.15 -7.71 -10.88 -11.81 -2.24 3.71 8.67 7.71
Rank within category 4 3 4 4 5 4 4 4 5 4 4
Number of funds in category 6 6 6 6 6 6 6 5 5 4 4

As on 05-Jun-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 18.44 (14-May-2009 - 21-May-2009) -23.28 (10-May-2004 - 17-May-2004)
Month 33.42 (06-May-2009 - 05-Jun-2009) -34.18 (20-Feb-2020 - 23-Mar-2020)
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)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -4.46 19.94 -0.49 -0.53 0.92 -6.31
S&P BSE 500 TRI 1.56 21.09 -0.18 -0.20 -- --
Equity: Thematic-Dividend Yield -1.85 18.35 -0.39 -0.43 0.84 -4.02
Rank within category 4 5 4 4 5 4
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-May-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Stocks (%) 36.94
Top 5 Stocks (%) 23.23
Top 3 Sectors (%) 50.65
Portfolio P/B Ratio 1.95
Portfolio P/E Ratio 12.31

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 26,820 45,327
Giant (%) 27.98 32.29
Large (%) 12.42 23.68
Mid (%) 35.31 28.22
Small (%) 23.58 15.36
Tiny (%) 0.70 1.36

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Infosys Technology 18.06 7.48 0.73 7.39
equal Pfizer Healthcare 36.38 4.45 1.52 4.45
down Sanofi India Healthcare 46.06 4.10 1.96 4.10
equal ICICI Securities Financial 23.43 4.59 0.00 4.07
down Coal India Energy 4.93 5.98 0.00 3.23
down Mahanagar Gas Energy 13.15 3.52 2.44 2.95
equal ITC FMCG 16.40 5.32 0.00 2.92
equal Starbucks Corporation (USA) FMCG -- 2.69
equal NTPC Energy 5.00 3.04 0.00 2.66
equal L&T Infotech Technology 21.27 2.75 0.00 2.64
equal Dhanuka Agritech Chemicals 21.67 2.77 1.35 2.53
equal Orient Refractories Ltd. Construction 21.31 3.29 1.41 2.41
equal Tata Consultancy Services Technology 23.76 2.40 0.00 2.35
equal L'Oreal FMCG -- 2.30
equal Avanti Feeds FMCG 18.98 2.86 0.00 2.21
equal Lvmh Moet Hennessy Louis Vuitton Sa Textiles -- 2.20
equal Multi Commodity Exchange India Financial 26.60 2.54 0.45 2.13
equal City Union Bank Financial 13.39 2.64 1.24 2.04
equal Castrol India Energy 14.72 2.03 0.00 2.03
equal ICICI Bank Financial 24.18 6.90 0.00 1.98
equal Bharat Electronics Engineering 13.10 2.45 0.00 1.90
equal Akzo Nobel India Chemicals 34.07 2.19 0.00 1.83
equal P&G Hygiene & Health Care FMCG 76.86 2.83 1.74 1.82
equal Tech Mahindra Technology 13.89 2.96 0.00 1.82
equal NLC India Energy 4.26 2.09 0.00 1.82

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2020

Fund Manager

— Vineet Maloo since 15-Jan-2014

Education: Mr. Maloo is a Chartered Accountant.

Experience: Prior to joining Birla Sun Life AMC he has worked with Hindalco.

Funds Managed:


1.10%

Change from previous, NAV as on 05-Jun-2020

Growth: ₹ 141.2100

Dividend: ₹ 11.6600


Investment Strategy

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.

Investment Details

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

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 26-Feb-2003
Return Since Launch: 16.55%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 600 Cr (As on 30-Apr-2020)
Expense: 2.56% (As on 30-Apr-2020)
Risk Grade: --
Return Grade: --
Turnover: 39.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend31-Dec-20190.2125

 30-Sep-20190.2036
 28-Jun-20190.2125
 29-Mar-20190.1948
 26-Dec-20180.2214
 28-Sep-20180.1417
 25-Jun-20180.1417
 16-Mar-20180.4100
 22-Dec-20170.4300
 22-Sep-20170.4400
 27-Jun-20170.4300
 17-Mar-20170.3200
 30-Dec-20160.2200
 26-Sep-20160.2500
 24-Jun-20160.1800
 04-Mar-20160.2700
 23-Dec-20150.2000
 24-Sep-20150.3500
 19-Jun-20150.4000
 20-Mar-20150.1800
 29-Dec-20140.5000
 29-Oct-20140.5000
 27-Jun-20140.8000
 27-Dec-20130.5000
 18-Feb-20130.5000

Contact Information

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

Fax: 022-43568110

Website: mutualfund.adityabirlacapital.com

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

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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dateFriday, 12-Jun-2020
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