VR Logo

Unrated

HDFC Dividend Yield Fund - Direct Plan


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

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 40.58 0.18 2.42 7.78 14.79 26.74 -- -- -- -- --
S&P BSE 500 TRI 32.51 0.54 1.80 7.35 12.08 21.47 -- -- -- -- --
Equity: Thematic-Dividend Yield 37.06 0.19 2.22 6.00 12.58 25.16 -- -- -- -- --
Rank within category 3 5 3 1 2 3 -- -- -- -- --
Number of funds in category 7 8 8 8 8 7 6 5 5 5 0

As on 16-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Dividend Yield Fund - Direct Plan  | Invest Online
Unrated
Dec-20 -- -- -- 0.49 2,550
UTI Dividend Yield Fund - Direct Plan  | Invest Online
Unrated
Jan-13 62.47 18.52 17.32 1.50 3,177
Templeton India Equity Income Fund - Direct Plan  | Invest Online Now
Unrated
Jan-13 69.52 18.90 16.70 1.62 1,169
Aditya Birla Sun Life Dividend Yield Fund - Direct Plan  | Invest Online
Unrated
Jan-13 54.55 14.14 12.46 1.82 865
Tata Dividend Yield Fund - Direct Plan
Unrated
May-21 -- -- -- 0.75 620

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 6.93 29-Jan-2021 - 05-Feb-2021 -3.62 22-Jan-2021 - 29-Jan-2021
Month 11.36 29-Jan-2021 - 02-Mar-2021 -4.29 12-Mar-2021 - 12-Apr-2021
Quarter 19.36 04-May-2021 - 03-Aug-2021 2.66 19-Jan-2021 - 20-Apr-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 16.64 22.81 0.55 0.63 -- --
Equity: Thematic-Dividend Yield* 15.86 20.36 0.59 0.69 0.85 1.06
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-Aug-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 67
Top 10 Stocks (%) 36.21
Top 5 Stocks (%) 22.06
Top 3 Sectors (%) 46.84
Portfolio P/B Ratio 2.66
Portfolio P/E Ratio 16.48

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 77,926 98,794
Giant (%) 41.53 39.23
Large (%) 16.02 24.49
Mid (%) 29.96 26.62
Small (%) 11.71 9.54
Tiny (%) 0.78 0.47

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 Hindustan Unilever FMCG 78.02 5.88 1.53 5.88
equal Infosys Technology 35.02 5.66 1.60 5.02
equal Tata Consultancy Services Technology 41.15 4.38 0.00 3.86
equal Tech Mahindra Technology 29.29 3.69 0.00 3.69
up Larsen & Toubro Construction 19.35 3.61 0.00 3.61
equal HCL Technologies Technology 30.04 3.36 0.00 3.36
equal ITC FMCG 20.44 4.76 0.93 3.19
equal ICICI Bank Financial 24.94 3.50 0.00 3.10
equal CESC Energy 8.80 2.53 1.92 2.27
equal NTPC Energy 9.00 2.88 0.95 2.23
equal Indian Railway Catering & Tourism Corporation Services 208.14 2.16 1.77 2.16
equal Wipro Technology 31.28 2.22 0.00 2.14
equal Tata Steel Metals 8.01 2.22 0.00 2.10
equal Chambal Fertilisers & Chem. Chemicals 7.50 2.33 1.84 2.01
equal Vardhman Textiles Textiles 13.96 2.14 1.12 1.94
equal INOX Leisure Services -- 2.93 1.82 1.82
equal Coal India Energy 7.00 2.03 0.87 1.77
equal NHPC Energy 8.56 2.42 0.08 1.75
equal Sun Pharmaceutical Industries Healthcare 30.78 1.67 0.00 1.50
equal Ambuja Cements Construction 26.24 1.55 0.00 1.49
equal Quess Corp Financial 204.51 2.20 0.00 1.46
equal Tube Investments Of India Automobile 98.39 1.63 1.17 1.34
equal Carborundum Universal Metals 47.78 1.30 0.98 1.30
equal Bharti Airtel Communication 352.93 1.69 1.17 1.30
equal Balrampur Chini Mills FMCG 17.68 1.44 0.84 1.30

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-Aug-2021

Fund Manager

— Gopal Agrawal since 27-Nov-2020

Education: Mr.Agrawal is a B.E and MBM.

Experience: Prior to joining HDFC Mutual Fund he has worked with DSP Mutual Fund, Tata AMC, Mirae Asset Mutual Fund ,SBI Mutual Fund, Kotak Securities, HDFC Securities, IDBI Capital, UTI Securities and IPCL.

Funds Managed:


0.18%

Change from previous, NAV as on 16-Sep-2021

Growth: ₹ 14.1680

IDCW: ₹ 14.1680


Investment Strategy

The scheme seeks to provide capital appreciation and/or dividend distribution by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 18-Dec-2020
Return Since Launch: 41.68%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,550 Cr (As on 31-Aug-2021)
Expense: 0.49% (As on 31-Jul-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: http://www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM