VR Logo

Unrated

IDBI Dividend Yield Fund - Regular Plan


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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.80 -0.18 1.82 3.99 5.66 12.55 -- -- -- -- --
Equity: Thematic-Dividend Yield 3.08 -0.47 1.10 3.86 5.14 8.42 -- -- -- -- --
Rank within category 1 1 2 3 2 1 -- -- -- -- --
Number of funds in category 6 6 6 6 6 6 5 5 5 4 4

As on 20-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 7.59 (23-Aug-2019 - 24-Sep-2019) -3.94 (03-Jul-2019 - 02-Aug-2019)
Quarter 11.97 (05-Aug-2019 - 04-Nov-2019) -4.25 (06-May-2019 - 05-Aug-2019)
Year 11.74 (16-Jan-2019 - 17-Jan-2020) 7.48 (08-Jan-2019 - 08-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
Equity: Thematic-Dividend Yield* 9.22 12.49 0.29 0.46 0.85 -5.75
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 31-Dec-2019

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 32.48
Top 5 Stocks (%) 18.72
Top 3 Sectors (%) 49.75
Portfolio P/B Ratio 2.69
Portfolio P/E Ratio 17.35

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 46,479 50,263
Giant (%) 26.73 35.74
Large (%) 26.68 19.46
Mid (%) 35.16 28.98
Small (%) 11.43 15.82
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Infosys Technology 20.02 5.53 0.00 5.33
equal Multi Commodity Exchange India Financial 32.43 3.53 0.00 3.53
equal Mahanagar Gas Energy 15.50 3.39 0.00 3.39
equal Abbott India Healthcare 51.11 3.33 0.00 3.33
equal Petronet LNG Energy 15.36 3.14 0.00 3.14
equal Ipca Laboratories Healthcare 25.77 3.00 0.00 3.00
equal ICICI Bank Financial 67.36 2.79 0.00 2.79
equal NHPC Energy 13.94 2.70 0.00 2.70
equal Power Grid Corporation Energy 6.88 2.72 0.00 2.64
equal Power Finance Corp. Financial 4.41 2.65 0.00 2.63
equal Maruti Suzuki India Automobile 37.00 2.52 0.00 2.52
equal UPL Chemicals 47.82 2.49 0.00 2.49
equal Tata Consultancy Services Technology 25.12 2.46 0.00 2.46
equal HPCL Energy 7.46 2.66 0.00 2.40
equal NTPC Energy 9.97 2.44 0.00 2.32
equal ITC FMCG 21.41 2.41 0.00 2.29
equal L&T Technology Services Engineering 21.11 2.31 0.00 2.25
equal AIA Engineering Metals 27.38 2.12 0.00 2.12
equal State Bank of India Financial 27.69 2.08 0.00 2.08
equal Hindustan Zinc Metals 11.34 2.21 0.00 1.98
equal Escorts Automobile 19.27 1.96 0.00 1.96
equal Divi's Laboratories Healthcare 39.01 1.91 0.00 1.91
equal GAIL Energy 11.19 2.25 0.00 1.76
equal Bajaj Finance Financial 50.59 1.76 0.00 1.76
equal Carborundum Universal Metals 27.05 1.74 0.00 1.74

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

— 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:


-0.18%

Change from previous, NAV as on 20-Jan-2020

Growth: ₹ 11.2100

Dividend: ₹ 11.2100


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: 10.12%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 96 Cr (As on 31-Dec-2019)
Expense: 2.43% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: --
Turnover: --

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: www.idbimutual.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.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