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All About Dividend Yield Mutual Funds

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Dividend Yield Mutual Funds

Dividend Yield Mutual Funds – An Introduction 

Dividend mutual funds are known as one of an important aspects of investing equity OR equity-related instruments. There are many companies that share some portion of their profits with their shareholders by declaring ‘dividends’. Some companies pay high dividends, but there are some that don’t declare dividends. However, it is not mandatory for companies to offer dividends. Let’s figure out a bit more about dividend yield mutual funds.  

Who Should Invest in Dividend Yield Mutual Funds? 

Dividend Yield Funds focus on the dividend yield of stocks and are equity schemes. Although, these companies are stable enough, thus, an investor can go for it only if looking for lower volatility but showing an interest to invest in equityBut this fund is not recommended for the aggressive growth-seeker(s).  

Factors to Consider  

Here: 

  • Try to invest according to your risk-tolerance 
  • Important to look for the time-period for which the particular fund has been in existence. 
  • Try to avoid small corpus funds 

Top 5 Dividend Yield Mutual Funds according to Gulaq Methodology 

Here: 

  • ICICI Prudential Dividend Yield Equity FundIt is an equity mutual fund scheme that was launched by ICICI Prudential mutual fund. Later on, it was introduced on 16th May 2014 to its investors. Currently, the fund is managed by Mittul Kalawadia, and Mrinal Singh. Talking about AUM, it is of INR 168 Cr, and, the latest NAV is of INR 16.20 (dated as of 14th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 100.  
  • Principal Dividend Yield FundIt is an equity mutual fund scheme that was launched by Principal mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Dhimant Shah. Talking about AUM, it is of INR 181 Cr, and, the latest NAV is of INR 58.23 (dated as of 14th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment is INR 5000. Exit load of 1% only if redeemed within a year.  
  • Aditya Birla Sun Life Dividend Yield FundIt is an equity mutual fund scheme that was launched by Aditya Birla Sun Life mutual fund. Later on, it was introduced on 26th Feb 2003 to its investors. Currently, the fund is managed by Vineet Maloo, and Satyabrata Mohanty. Talking about AUM, it is of INR 752 Cr, and, the latest NAV is of INR 165.63 (dated as of 14th Feb 2020). The fund growth is rated moderately high risk.  
  • UTI Dividend Yield FundIt is an equity mutual fund scheme that was launched by UTI mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Swati Kulkarni. Talking about AUM, it is of INR 2333 Cr, and, the latest NAV is of INR 17.18 (dated as of 14th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 500. 
  • Templeton India Equity Income FundIt is an equity mutual fund scheme that was launched by Franklin TempletonLater on, it was introduced on 18th May 2006 to its investors. Currently, the fund is managed by Srikesh Nair, and Vikas Chiranwal. Talking about AUM, it is of INR 891 Cr, and, the latest NAV is of INR 14.24 (dated as of 14th Feb 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 500, and, the lumpsum investment is INR 5000. Exit load of 1% only if redeemed within a year.  

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]  or Whatsapp +91-9818894632

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*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.

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