January 10, 2024
mayank
Aditya Birla (ABSL) Dividend Yield Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 412.8500
NAV IDCW: Rs 45.0200
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 aims to generate returns by investing in high dividend paying companies. It would aim to build a portfolio that provides high dividend yield, substantial capital protection and a strong possibility of capital gains.
Fund Manager:
1) Dhaval Gala
Education: Mr. Gala has done BMS from Mithibai College and PGDBM-Finance from N.L.Dalmia Institute of Management Studies & Research.
Experience: Prior to joining Aditya Birla Sun Life Mutual Fund, he has worked with B&K Securities( January 2008- February 2011) and J.P.Morgan Chase India Private Ltd ( May 2005-July 2006).
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period NA | |
| Exit Load | 1% for redemption Within 90 days |
Basic Details of Aditya Birla (ABSL) Dividend Yield Fund
| Fund House | Aditya Birla Sun Life Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 14.15% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,207 Cr |
| (As on 31-Dec-2023) | |
| Expense | 1.55% |
| (As on 30-Nov-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 31.00% |
Trailing Returns (%) of Aditya Birla (ABSL) Dividend Yield Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ABSL Dividend Yld Dir | -0.15 | 0.17 | 5.75 | 17.81 | 27.19 | 39.88 | 25.80 | 20.36 | 15.92 | 16.39 |
| S&P BSE 500 TRI | 0.13 | 0.22 | 4.02 | 13.64 | 17.68 | 26.73 | 19.03 | 17.76 | 16.99 | 16.36 |
| Equity: Thematic-Dividend Yield | 0.27 | 0.24 | 4.77 | 15.47 | 22.97 | 37.35 | 24.46 | 20.15 | 17.52 | 17.00 |
| Rank within category | 7 | 7 | 2 | 1 | 1 | 2 | 3 | 3 | 5 | 3 |
| Number of funds in category | 9 | 9 | 9 | 9 | 9 | 8 | 7 | 5 | 5 | 4 |
Peer Comparison of Aditya Birla (ABSL) 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 (%) | |
| ABSL Dividend Yld Dir | Unrated | 39.88 | 25.80 | 20.36 | 1.55 | 1,207 | 14.15 | 1.00 (90) | 11Y | 31.00 |
| SBI Dividend Yld Dir | Unrated | — | — | — | 0.81 | 6,164 | 29.10 | 1.00 (365) | 9M | — |
| HDFC Dividend Yld Dir | Unrated | 39.66 | 28.75 | — | 0.46 | 3,996 | 29.74 | 1.00 (365) | 3Y | 11.88 |
| UTI Dividend Yield Dir | Unrated | 34.55 | 19.92 | 17.74 | 1.44 | 3,518 | 13.94 | 1.00 (364) | 11Y | 28.00 |
| ICICI Pru Dividend Yld Eqt Dir | Unrated | 41.12 | 30.97 | 21.60 | 0.64 | 2,902 | 16.74 | 1.00 (365) | 9Y 7M | 30.00 |
Portfolio Analysis of Aditya Birla (ABSL) Dividend Yield Fund
| No. of Stocks | 61 |
| Top 10 Stocks | 37.34% |
| Top 5 Stocks | 23.53% |
| Top 3 Sectors | 43.48% |
| Portfolio P/B Ratio | 2.89 |
| Portfolio P/E Ratio | 15.77 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 85,445 | 1,42,464 |
| Giant (%) | 40.64 | 49.02 |
| Large (%) | 15.59 | 21.17 |
| Mid (%) | 32.63 | 25.88 |
| Small (%) | 11.15 | 4.91 |
| Tiny (%) | — | — |
How to Invest in Aditya Birla (ABSL) Dividend Yield Fund?
Chanakya’s Mutual Fund Guidance For Aditya Birla Sun Life (ABSL) 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://mutualfund.adityabirlacapital.com/help-centre/invest-now
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks