April 2, 2024
mayank
HDFC Dividend Yield Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 23.4040
NAV IDCW: Rs 21.8280
Suitable For Which Investors?
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 flexi-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.
Fund’s 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.
Fund Manager:
1) Gopal Agrawal
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.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 365 days |
Basic Details
| Fund House | HDFC Mutual Fund |
| Launch Date | 18-Dec-20 |
| Return Since Launch | 29.52% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 4,630 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.51% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 15.00% |
Trailing Returns (%) of HDFC Dividend Yield Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HDFC Dividend Yield Dir | 6.00 | 1.19 | 0.27 | 5.30 | 20.25 | 48.93 | 28.31 | — | — | — |
| S&P BSE 500 TRI | 5.64 | 1.09 | 0.68 | 5.41 | 18.68 | 41.43 | 19.18 | — | — | — |
| Equity: Thematic-Dividend Yield | 7.47 | 1.19 | -0.04 | 7.03 | 22.69 | 47.31 | 25.54 | — | — | — |
| Rank within category | 6 | 4 | 4 | 6 | 6 | 4 | 2 | — | — | — |
| Number of funds in category | 9 | 9 | 9 | 9 | 9 | 9 | 7 | 5 | 5 | 4 |
Peer Comparison of HDFC Dividend Yield Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| HDFC Dividend Yield Dir | Unrated | 48.93 | 28.31 | — | 0.51 | 4,630 | 29.52 | 1.00 (365) | 3Y 3M | 15.00 |
| SBI Dividend Yield Dir | Unrated | 35.93 | — | — | 0.75 | 6,784 | 35.72 | 1.00 (365) | 1Y | — |
| UTI Dividend Yield Dir | Unrated | 43.98 | 20.53 | 17.89 | 1.42 | 3,614 | 14.25 | 1.00 (364) | 11Y 3M | 32.00 |
| ICICI Pru Dividend Yield Equity Dir | Unrated | 57.04 | 32.44 | 23.06 | 0.52 | 3,449 | 17.61 | 1.00 (365) | 9Y 10M | 37.00 |
| Templeton India Equity Income Dir | Unrated | 43.24 | 25.98 | 22.55 | 1.36 | 2,091 | 16.94 | 1.00 (365) | 11Y 3M | 11.49 |
Portfolio Analysis of HDFC Dividend Yield Fund
| No. of Stocks | 86 |
| Top 10 Stocks | 35.87% |
| Top 5 Stocks | 21.26% |
| Top 3 Sectors | 50.22% |
| Portfolio P/B Ratio | 2.95 |
| Portfolio P/E Ratio | 19.40 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,51,765 | 1,55,105 |
| Giant (%) | 55.43 | 54.78 |
| Large (%) | 18.41 | 18.03 |
| Mid (%) | 16.47 | 21.51 |
| Small (%) | 9.69 | 6.38 |
| Tiny (%) | — | — |
How to Invest in HDFC Dividend Yield Fund?
Chanakya’s Mutual Fund Guidance For HDFC Dividend Yield Fund
Do not invest in this, or any other dividend yield fund, if you need to redeem your investment in less than five years.
Apply Online: https://investor-web.hdfcfund.com/
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-dividend-yield-fund/