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Unrated

Aditya Birla Sun Life Dividend Yield Fund


1 Lakh

Investment Grown to
₹ 1.16 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.71 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 3.36 -0.20 1.00 5.16 8.95 11.43 8.59 5.04 2.70 8.32 9.16
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 & Worst Performance

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)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.39 13.81 0.05 0.07 0.90 -9.18
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

Asset Allocation (%)

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Concentration & Valuation

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

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 40,072 50,263
Giant (%) 37.12 35.74
Large (%) 8.32 19.46
Mid (%) 37.10 28.98
Small (%) 17.46 15.82
Tiny (%) -- --

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 19.85 6.31 0.66 6.02
up Coal India Energy 6.65 5.98 0.00 5.98
equal ICICI Securities Financial 27.32 3.61 0.00 3.61
equal Mahanagar Gas Energy 15.67 3.30 2.44 3.19
up Orient Refractories Ltd. Construction 31.44 3.07 1.27 3.07
up Pfizer Healthcare 36.10 3.63 1.52 3.06
equal ITC FMCG 21.09 5.32 0.00 3.04
equal Sanofi India Healthcare 38.83 4.08 1.96 3.02
up Avanti Feeds FMCG 26.96 2.86 0.00 2.86
equal NTPC Energy 9.88 3.04 0.00 2.66
up City Union Bank Financial 23.90 2.64 1.06 2.64
equal Starbucks Corporation (USA) FMCG -- 2.32
equal L&T Infotech Technology 22.57 2.39 0.00 2.32
equal ICICI Bank Financial 66.88 6.90 0.00 2.23
equal Bharat Electronics Engineering 14.88 2.45 0.00 2.10
equal NMDC Metals 8.37 2.04 0.00 2.04
equal Tech Mahindra Technology 17.02 2.96 0.00 2.02
equal Tata Consultancy Services Technology 25.14 2.21 0.00 2.01
equal Lvmh Moet Hennessy Louis Vuitton Sa Textiles -- 1.98
equal P&G Hygiene & Health Care FMCG 88.31 2.83 1.66 1.98
equal Multi Commodity Exchange India Financial 32.68 1.89 0.45 1.86
equal L'Oreal FMCG -- 1.85
equal Dhanuka Agritech Chemicals 18.39 2.78 1.35 1.83
equal NLC India Energy 6.69 1.85 0.00 1.83
equal The Walt Disney Company Services -- 1.81

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 31-Dec-2019

Fund Manager

— Satyabrata Mohanty since 16-Jul-2015

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.

Funds Managed:

— 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:


-0.20%

Change from previous, NAV as on 21-Jan-2020

Growth: ₹ 168.6900

Dividend: ₹ 13.9300


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: 18.18%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 753 Cr (As on 31-Dec-2019)
Expense: 2.54% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: --
Turnover: 20.00%

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

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM