I have been investing in Birla Sun Life Dividend Yield Plus since January this year via SIPs. Should I continue investing in this fund or switch?
-Sainan NR
Birla Sun Life Dividend Yield Plus is an outstanding dividend yield fund. In fact, from the 6-7 options which Indian investors have, this is the best of the lot. Dividend yield funds have come to life in the past 5 years. They have made a case for themselves and we believe they're going to be relevant for most investors’ portfolios. Hence, you should continue investing in this fund. If we're in for turbulence in the coming months, these are the only kind of funds that will keep their head above the water and continue their good work because of the absence of any momentum or huge growth story in their portfolios.
This article was originally published on June 26, 2012.