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Unrated

Principal Dividend Yield Fund


1 Lakh

Investment Grown to
₹ 1.78 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.67 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

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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 36.95 0.67 2.11 3.21 12.73 26.72 58.77 21.24 17.29 14.85 15.50
S&P BSE 500 TRI 38.37 0.88 3.14 5.83 15.67 30.15 63.63 23.16 17.74 15.35 15.86
Equity: Thematic-Dividend Yield 42.26 0.84 2.94 5.68 14.43 32.55 67.10 21.52 15.54 13.36 14.54
Rank within category 6 5 8 8 6 7 5 3 1 1 2
Number of funds in category 7 8 8 8 8 7 6 5 5 5 4

As on 14-Oct-2021

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 58.77 21.24 17.29 2.61 238
UTI Dividend Yield Fund - Regular Plan  | Invest Online
Unrated
May-05 65.31 22.37 16.87 2.10 3,226
HDFC Dividend Yield Fund - Regular Plan  | Invest Online
Unrated
Dec-20 -- -- -- 2.16 2,698
Templeton India Equity Income Fund  | Invest Online Now
Unrated
May-06 75.67 24.49 16.67 2.31 1,196
Aditya Birla Sun Life Dividend Yield Fund  | Invest Online
Unrated
Feb-03 61.65 19.94 12.38 2.44 866

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 18.52 18.48 0.79 0.87 0.82 0.86
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --
Equity: Thematic-Dividend Yield 18.83 19.64 0.76 0.87 0.85 0.65
Rank within category 3 2 3 3 2 3
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-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 53.64
Top 5 Stocks (%) 31.12
Top 3 Sectors (%) 47.16
Portfolio P/B Ratio 4.18
Portfolio P/E Ratio 24.71

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,77,930 1,03,197
Giant (%) 62.57 42.10
Large (%) 10.76 25.06
Mid (%) 19.87 23.37
Small (%) 6.80 9.38
Tiny (%) -- 0.74

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 34.54 7.82 3.62 7.59
equal Tata Consultancy Services Technology 36.52 7.74 3.42 7.25
equal Reliance Industries Energy 37.90 7.68 3.18 6.10
equal Ultratech Cement Construction 33.94 5.72 0.00 5.21
equal ICICI Bank Financial 25.20 5.30 2.44 4.97
equal Tata Steel Metals 7.95 5.77 0.00 4.87
equal Gujarat Gas Energy 25.52 5.75 0.00 4.81
equal Hindustan Unilever FMCG 75.95 12.47 4.12 4.48
equal Navin Fluorine International Chemicals 75.74 4.82 1.02 4.34
equal ITC FMCG 22.70 6.51 3.60 4.02
equal HDFC Bank Financial 28.44 4.31 2.67 3.60
equal SRF Diversified 50.45 3.26 0.98 3.26
equal Aarti Industries Chemicals 66.17 3.01 1.32 2.81
equal Tech Mahindra Technology 28.85 3.56 1.58 2.73
equal Bharti Airtel Communication 356.33 3.27 0.00 2.59
equal Bajaj Finserv Financial 72.09 2.24 0.87 2.24
equal State Bank of India Financial 17.50 2.70 1.22 2.19
equal HCL Technologies Technology 29.43 2.52 1.17 1.82
equal Ashok Leyland Automobile -- 2.15 0.00 1.82
equal AIA Engineering Metals 30.40 2.43 1.80 1.80
equal Bajaj Auto Automobile 20.36 4.15 1.69 1.74
equal Hindustan Petroleum Corporation Energy 4.51 3.13 0.00 1.73
equal VST Industries FMCG 18.94 2.65 1.52 1.54
equal Rossari Biotech Chemicals 94.22 1.64 0.00 1.48
equal Hindustan Zinc Metals 17.04 2.00 0.86 1.46

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-Sep-2021

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.

Interviews:

Funds Managed:


0.67%

Change from previous, NAV as on 14-Oct-2021

Growth: ₹ 89.1000

IDCW Half Yearly: ₹ 34.5700


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 (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Lock-in Period Not Applicable
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: 13.72%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 238 Cr (As on 30-Sep-2021)
Expense: 2.61% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: --
Turnover: 0.10%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Half Yearly17-Jun-20211.0794

 17-Dec-20201.2171
 17-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

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over