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Unrated

Principal Dividend Yield Fund


Equity: Thematic-Dividend Yield

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.59 Lakh

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 -5.19 0.29 0.87 4.78 13.95 -6.56 -0.23 3.59 7.51 12.27 8.70
S&P BSE 500 TRI -9.65 0.85 2.44 7.63 19.31 -10.29 -4.91 2.81 6.47 11.41 8.42
Equity: Thematic-Dividend Yield -6.94 0.35 1.62 5.41 16.51 -7.41 -2.87 -0.72 4.56 10.12 7.78
Rank within category 2 4 6 5 6 3 2 1 1 1 1
Number of funds in category 6 6 6 6 6 6 6 5 5 4 4

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Principal Dividend Yield Fund
Unrated
Oct-04 -0.23 3.59 7.51 2.58 161
UTI Dividend Yield Fund - Regular Plan  | Invest Online
Unrated
May-05 -1.77 2.35 5.46 2.17 1,972
Templeton India Equity Income Fund  | Invest Online Now
Unrated
May-06 -6.38 -0.13 4.90 2.40 702
Aditya Birla Sun Life Dividend Yield Fund  | Invest Online
Unrated
Feb-03 -1.68 -3.53 1.75 2.56 594

Best & Worst Performance

Best (Period) Worst (Period)
Week 17.74 (13-May-2009 - 20-May-2009) -21.09 (15-Jan-2008 - 22-Jan-2008)
Month 28.88 (11-May-2009 - 10-Jun-2009) -32.22 (20-Feb-2020 - 23-Mar-2020)
Quarter 66.88 (09-Mar-2009 - 10-Jun-2009) -39.81 (02-Sep-2008 - 02-Dec-2008)
Year 110.10 (09-Mar-2009 - 11-Mar-2010) -55.89 (01-Jan-2008 - 31-Dec-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.00 18.78 -0.02 -0.02 0.85 0.56
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: Thematic-Dividend Yield 0.49 18.84 -0.25 -0.28 0.84 -3.95
Rank within category 1 3 1 1 4 1
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 49
Top 10 Stocks (%) 48.45
Top 5 Stocks (%) 29.85
Top 3 Sectors (%) 46.63
Portfolio P/B Ratio 2.94
Portfolio P/E Ratio 21.38

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 98,978 98,978
Giant (%) 55.00 55.00
Large (%) 13.70 13.70
Mid (%) 25.54 25.54
Small (%) 5.76 5.76
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 Hindustan Unilever FMCG 75.69 12.47 6.27 7.84
down Reliance Industries Energy 31.35 6.11 2.72 6.11
equal Tata Consultancy Services Technology 25.58 6.27 0.00 6.05
equal Infosys Technology 20.06 5.05 2.13 4.94
equal ITC FMCG 15.70 6.51 3.90 4.91
equal Ultratech Cement Construction 19.07 4.33 0.00 4.07
equal ICICI Bank Financial 25.08 5.29 1.90 3.93
equal Gujarat Gas Chemicals 16.57 3.56 0.00 3.56
equal HDFC Bank Financial 22.68 3.77 2.67 3.56
equal Bajaj Auto Automobile 16.00 4.15 0.97 3.48
equal Navin Fluorine International Chemicals 20.88 3.28 0.00 3.20
equal Bharti Airtel Communication -- 3.27 0.00 3.12
equal HPCL Energy 11.86 4.05 0.00 2.96
equal Colgate-Palmolive FMCG 46.02 2.63 1.23 2.44
equal AIA Engineering Metals 25.99 2.43 0.00 2.19
equal VST Industries FMCG 16.41 2.68 1.46 2.10
equal Aarti Industries Chemicals 30.88 2.57 1.10 2.08
equal Hindustan Zinc Metals 11.97 1.99 0.82 1.83
equal Tata Steel Metals 26.64 2.37 0.00 1.83
equal Indraprastha Gas Energy 23.00 1.88 0.94 1.66
equal Tech Mahindra Technology 13.82 3.56 0.00 1.59
equal SRF Diversified 21.98 1.66 0.76 1.55
equal Fine Organic Industries Chemicals 36.41 2.29 0.00 1.52
equal Castrol India Energy 15.72 1.67 0.00 1.51
equal NTPC Energy 13.41 1.69 0.00 1.49

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-Jun-2020

Fund Manager

— Ravi Gopalakrishnan since 11-Oct-2019

Education: Mr. Gopalakrishnan is an MBA from Bradley University, USA and Masters in Finance (Investments) from Drexel University, USA.

Experience: Prior to joining Principal Mutual Fund, he has worked with Canara Robeco AMC, PGIM India Mutual Fund, Hudson Fairfax Group,USA, and Sun F & C Asset Management Ltd.

Funds Managed:


0.29%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 51.3000

Dividend Half Yearly: ₹ 21.6000


Investment Strategy

The scheme aims to provide capital appreciation by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Exit Load For units in excess of 24% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Principal Mutual Fund
Launch Date: 15-Oct-2004
Return Since Launch: 10.95%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 161 Cr (As on 30-Jun-2020)
Expense: 2.58% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: 27.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly17-Jun-20190.4161

 15-Dec-20173.5000
 16-Jun-20175.8200
 23-Dec-20160.9500
 29-Dec-20143.2000
 12-Oct-20071.5000
 24-Apr-20061.5000
 03-Oct-20050.7500
 20-Apr-20050.5000

Contact Information

AMC: Principal Asset Management Pvt. Ltd.

Address: Exchange Plaza - 2rd Floor - NSE Building, "B" Wing-Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-67720555 / 1800-425-5600

Fax: 022-67720512

Email: [email protected]

Website: http://www.principalindia.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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dateSaturday, 11-Jul-2020
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