Aditya Birla Sun Life Dividend Yield Fund Growth - Latest NAV ₹157.34, Returns, Performance & Portfolio

Aditya Birla Sun Life Dividend Yield Fund Growth

  • highlight
    1.37%
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    (+1.2)157.34

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 5.52 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years6.54%
5 Years1.37%
3 Years-3.3%
1 Year9.04%
6 Months-5.25%
Fund Details
ISININF209K01405
RiskModerately High risk
Fund TypeDividend Yield
NAV157.34
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Infosys Ltd7.18%
ICICI Securities Ltd4.95%
Dhanuka Agritech Ltd3.79%
Sanofi India Ltd3.1%
Larsen & Toubro Infotech Ltd3.07%
ITC Ltd2.95%
Pfizer Ltd2.76%
Coal India Ltd2.73%
Orient Refractories Ltd2.69%
NTPC Ltd2.54%

About Aditya BSL Dividend Yield Fund

The Aditya BSL Dividend Yield is an open-ended equity scheme. It seeks to provide long-term capital growth and income by investing in a well-diversified portfolio of dividend paying companies with a relatively higher dividend yield. It was earlier known as Aditya Birla Sun Life Dividend Yield Plus and was renamed as Aditya Birla Sun Life Dividend Yield Fund with effect from 21 May 2018.

Pros & Cons of Aditya BSL Dividend Yield Fund

  • The scheme invests in companies which exhibit growth, financial progress, and profit sharing through the distribution of dividend. Such companies tend to have lesser price volatility and steady share price appreciation.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Dividend Yield Fund category.
  • Further, it has generated returns of 15.78% per year over the last 10 years (as on January 18, 2019). However, the returns over the last year have been negative (-16.17%).

Fund Information and Statistics of Aditya BSL Dividend Yield Fund

Inception / Launch Date

The scheme was launched on 26 February 2003 by Aditya Birla Sun Life Mutual Fund.

Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderately-high risk level associated with it.

Redemption

The redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

Fund Manager(s)

The Fund Managers of the Aditya BSL Dividend Yield Fund are:

  • Mr. Satyabrata Mohanty (since July 16, 2015)
  • Mr. Vineet Maloo (since January 16, 2014)

Entry / Exit Load

There is no entry load in this scheme.

The exit load structure is as follows :-

  • If any units are redeemed after the completion of 365 days from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 365 days from the date of allotment of the said units, and:

    1. The number of units is less than 15% of the allotted units, then the exit load = Nil
    2. The number of units is more than 15% of the allotted units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in Aditya BSL Dividend Yield Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units.
  • Long-term capital gains in excess of Rs. 1 lakh are taxed at 10% without indexation benefits.

About Aditya Birla Sun Life Mutual Fund

The Aditya Birla Sun Life Mutual Fund, also known as ABSLMF was established in 1994. It is a joint venture between the Aditya Birla Group and Sun Life Financial Inc. from Canada. ABSLMF has a presence in over 249 locations around the country and is committed to deepening the mutual fund penetration in the country. Further, it offers sector-specific schemes, fund of fund schemes, hybrid and monthly income funds, equity and debt schemes, etc. to investors

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 5.52 Lakhs in a period of 20 years
Moderately High risk

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