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Unrated

IDBI Dividend Yield Fund - Regular Plan


Equity: Thematic-Dividend Yield

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 -3.70 0.29 -0.19 5.69 13.66 -7.14 3.90 -- -- -- --
S&P BSE 500 TRI -11.23 0.01 -0.90 7.75 18.76 -13.15 -6.73 -- -- -- --
Equity: Thematic-Dividend Yield -7.37 0.47 -0.12 7.09 15.36 -10.35 -3.53 -- -- -- --
Rank within category 1 4 5 5 6 1 1 -- -- -- --
Number of funds in category 6 6 6 6 6 6 6 5 5 4 4

As on 15-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Dividend Yield Fund - Regular Plan
Unrated
Dec-18 3.90 -- -- 2.43 79
UTI Dividend Yield Fund - Regular Plan  | Invest Online
Unrated
May-05 -1.67 1.98 5.10 2.05 2,093
Templeton India Equity Income Fund  | Invest Online Now
Unrated
May-06 -9.07 -1.43 4.18 2.40 738
Aditya Birla Sun Life Dividend Yield Fund  | Invest Online
Unrated
Feb-03 -2.04 -4.32 1.16 2.56 635

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.34 (24-Mar-2020 - 31-Mar-2020) -16.45 (11-Mar-2020 - 18-Mar-2020)
Month 20.62 (23-Mar-2020 - 22-Apr-2020) -32.66 (20-Feb-2020 - 23-Mar-2020)
Quarter 31.91 (23-Mar-2020 - 22-Jun-2020) -28.48 (23-Dec-2019 - 23-Mar-2020)
Year 13.93 (19-Feb-2019 - 19-Feb-2020) -23.89 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
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 -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 38.12
Top 5 Stocks (%) 23.20
Top 3 Sectors (%) 49.62
Portfolio P/B Ratio 2.49
Portfolio P/E Ratio 17.28

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 44,340 50,697
Giant (%) 28.41 35.23
Large (%) 20.02 21.44
Mid (%) 43.81 28.67
Small (%) 7.76 14.30
Tiny (%) -- 1.10

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 21.34 7.42 0.00 7.42
equal Ipca Laboratories Healthcare 34.41 5.43 0.00 4.76
equal Escorts Automobile 28.74 3.94 0.00 3.94
equal Abbott India Healthcare 54.52 5.44 0.00 3.64
equal Aurobindo Pharma Healthcare 17.39 3.51 0.00 3.44
equal Mahanagar Gas Energy 12.19 3.43 0.00 3.43
equal Power Grid Corporation Energy 9.12 3.15 0.00 2.96
equal Tata Consultancy Services Technology 26.85 2.97 0.00 2.90
equal Divi's Laboratories Healthcare 42.92 3.19 0.00 2.88
equal NHPC Energy 6.45 3.21 0.00 2.75
equal Petronet LNG Energy 14.22 3.14 0.00 2.71
equal Multi Commodity Exchange India Financial 27.78 3.53 0.00 2.63
equal AIA Engineering Metals 25.79 2.74 0.00 2.51
equal Maruti Suzuki India Automobile 30.86 2.52 0.00 2.44
equal HPCL Energy 11.73 2.66 0.00 2.40
equal L&T Technology Services Engineering 18.65 2.86 0.00 2.39
equal Power Finance Corp. Financial 2.95 2.93 0.00 2.29
equal NTPC Energy 12.94 2.45 0.00 2.28
equal Hindustan Zinc Metals 11.63 2.26 0.00 2.26
equal ICICI Bank Financial 23.41 2.97 0.00 2.22
equal UPL Chemicals 18.85 2.55 0.00 2.21
equal Atul Chemicals 20.60 2.40 0.00 2.16
equal Reliance Industries Energy 31.71 2.15 0.00 2.15
equal Garden Reach Shipbuilders & Engineers Construction 13.98 2.07 0.00 2.07
equal Relaxo Footwears FMCG 68.10 2.16 0.00 1.92

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

— Uma Venkatraman since 20-Jun-2019

Education: Prior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund.

Funds Managed:


0.29%

Change from previous, NAV as on 15-Jul-2020

Growth: ₹ 10.4000

Dividend: ₹ 10.4000


Investment Strategy

The scheme seeks to provide long term capital appreciation and dividend distribution by investing predominantly in dividend yielding equity and equity related instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: IDBI Mutual Fund
Launch Date: 21-Dec-2018
Return Since Launch: 1.71%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 79 Cr (As on 30-Jun-2020)
Expense: 2.43% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: 23.00%

Contact Information

AMC: IDBI Asset Management Ltd.

Address: 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005

Phone: 022-66442800 / 1800-419-4324

Fax: 022-66442801

Email: [email protected]

Website: http://www.idbimutual.co.in

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

Upcoming Video

Value Investing

Evaluating Covid-affected financials of India Inc

dateFriday, 17-Jul-2020
time12:30 PM - 01:00 PM