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Unrated

IDBI Dividend Yield Fund - Direct Plan


1 Lakh

Investment declined to
₹ 0.95 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.11 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 -13.36 -0.10 0.00 0.11 -18.48 -12.49 -5.36 -- -- -- --
S&P BSE 500 TRI -24.52 -0.68 -1.19 -1.59 -25.17 -22.98 -21.54 -- -- -- --
Equity: Thematic-Dividend Yield -18.54 0.12 0.67 0.16 -19.94 -17.11 -16.02 -- -- -- --
Rank within category 1 5 5 4 3 1 1 -- -- -- --
Number of funds in category 6 6 6 6 6 6 6 5 5 4 0

As on 22-May-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.26 (24-Mar-2020 - 31-Mar-2020) -16.49 (11-Mar-2020 - 18-Mar-2020)
Month 20.81 (23-Mar-2020 - 22-Apr-2020) -32.59 (20-Feb-2020 - 23-Mar-2020)
Quarter 12.45 (05-Aug-2019 - 04-Nov-2019) -28.23 (23-Dec-2019 - 23-Mar-2020)
Year 15.87 (19-Feb-2019 - 19-Feb-2020) -22.59 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 2.91 21.06 -0.12 -0.13 -- --
Equity: Thematic-Dividend Yield* -0.71 18.38 -0.33 -0.36 0.84 -4.02
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-Apr-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 47
Top 10 Stocks (%) 37.90
Top 5 Stocks (%) 23.41
Top 3 Sectors (%) 53.05
Portfolio P/B Ratio 2.32
Portfolio P/E Ratio 14.49

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 41,537 45,327
Giant (%) 25.12 32.29
Large (%) 28.25 23.68
Mid (%) 39.21 28.22
Small (%) 7.42 15.36
Tiny (%) -- 1.36

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
up Infosys Technology 17.77 6.17 0.00 6.17
equal Abbott India Healthcare 58.74 5.44 0.00 5.44
equal Ipca Laboratories Healthcare 32.58 5.43 0.00 5.43
equal Mahanagar Gas Energy 11.61 3.39 0.00 3.30
equal Divi's Laboratories Healthcare 48.58 3.07 0.00 3.07
equal NHPC Energy 6.40 3.21 0.00 2.98
equal Tata Consultancy Services Technology 23.43 2.97 0.00 2.92
equal Aurobindo Pharma Healthcare 16.68 2.91 0.00 2.91
equal Power Grid Corporation Energy 5.25 3.15 0.00 2.86
equal Escorts Automobile 23.61 2.94 0.00 2.82
equal Power Finance Corp. Financial 2.09 2.93 0.00 2.71
equal Petronet LNG Energy 12.39 3.14 0.00 2.66
equal AIA Engineering Metals 25.77 2.65 0.00 2.62
equal HPCL Energy 10.28 2.66 0.00 2.54
equal ICICI Bank Financial 19.71 2.97 0.00 2.50
equal Atul Chemicals 19.03 2.40 0.00 2.40
equal L&T Technology Services Engineering 14.32 2.86 0.00 2.40
equal NTPC Energy 4.64 2.44 0.00 2.35
equal Maruti Suzuki India Automobile 27.32 2.52 0.00 2.33
equal Multi Commodity Exchange India Financial 24.84 3.53 0.00 2.28
equal UPL Chemicals 15.96 2.55 0.00 2.27
equal Hindustan Zinc Metals 10.27 2.21 0.00 2.10
equal Relaxo Footwears FMCG 71.28 2.12 0.00 2.01
equal Dr. Lal Pathlabs Healthcare 55.85 2.00 0.00 2.00
equal Reliance Industries Energy 24.60 1.93 0.00 1.93

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-Apr-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:


-0.10%

Change from previous, NAV as on 22-May-2020

Growth: ₹ 9.5300

Dividend: ₹ 9.5300


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: -6.26%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 76 Cr (As on 30-Apr-2020)
Expense: 1.04% (As on 30-Apr-2020)
Risk Grade: --
Return Grade: --
Turnover: 19.00%

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: 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

Investors' Hangout

Debt funds and the crisis

dateFriday, 29-May-2020
time12:30 PM - 01:00 PM