Aditya Birla Sun Life Dividend Yield Fund Direct Plan Growth
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Very High Risk|
|Fund Type||Dividend Yield|
|Exit Load||1% for 365 Days|
More about this fund
|Persistent Systems Ltd||4.33%|
|Larsen & Toubro Infotech Ltd||4.3%|
|Bharat Petroleum Corp Ltd||3.54%|
|Bharat Electronics Ltd||3.4%|
|ICICI Securities Ltd||3.34%|
|Clearing Corporation Of India Limited||3.33%|
|LVMH Moet Hennessy Louis Vuitton SE||2.81%|
About Aditya Birla Sun Life Dividend Yield Fund - Direct Plan - Growth
The main intention of this scheme is to provide returns by making the asset allocation of the fund towards securities of companies that have the potential to pay out dividends. The fund manager also strives to preserve the capital invested.
Pros and Cons of Aditya Birla Sun Life Dividend Yield Fund - Direct Plan - Growth
Investing in this fund is suitable for those investors who are willing to stay invested for a long period of time as the fund intends to provide capital appreciation along with dividend payments. On the flip side, this fund mostly invests in equity and equity-linked securities and thus making it susceptible to market volatility.
Fund Information and Statistics
i) Inception/Launch Date
Aditya Birla Sun Life Dividend Yield Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
This fund has been categorised under ‘moderately high risk’ mutual funds as it is exposed majorly towards equities. However, this fund possesses a lower risk level as compared to that of a thematic or sectoral equity fund.
Since Aditya Birla Sun Life Dividend Yield Fund is an open-ended mutual fund, you can redeem your investment at any time.
iv) Fund Manager
Mr Vineet Maloo is the current fund manager of Aditya Birla Sun Life Dividend Yield Fund.
v) Entry/Exit Load
No entry load applies as per the norms of the Indian securities market regulator. An exit load of 1% is charged on units exceeding 15% of the allotment within a period of one year.
About Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun Life Mutual Fund is a result of a joint venture between Sun Life Financial Inc and Aditya Birla Group. The fund house was set up in 1994 when it registered with the Securities and Exchange Board of India (SEBI) with Aditya Birla Sun Life Trustee Company Private Limited as its trustee. With its total assets under management (AUM) touching a whopping Rs 2.14 lakh crore in June 2020, Aditya Birla Sun Life Mutual Fund is now a leading fund house in the country.
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Min amount: ₹1,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns