Product Snapshot

 
Fund Name
IDBI Dividend Yield Fund  
 
Investment ObjectiveThe Investment objective of the Scheme is to provide long term capital appreciation and/or dividend distribution by investing predominantly in dividend yielding equity and equity related instruments. However there can be no assurance that the investment objective under the scheme will be realized.
Asset AllocationThe asset allocation pattern for the scheme is detailed in the table below:
Instrument Indicative allocation
(% of total assets)
Risk Profile
  Minimum Maximum  
Equity  and  Equity  related instruments  of dividend yielding companies 65% 100% High
Equity and Equity related instruments of other than dividend yielding companies             0% 35% High
Debt and Money market instruments            0% 35% Low to Medium
Units issued by Real Estate Investment Trusts (REITs) & Infrastructure Investment Trusts (InvITs) 0% 10% Medium to High
Fund ManagerMr. Ashish Mishra
BenchmarkNifty Dividend Opportunities 50 - TRI
Face ValueRs. 10/- per unit
Entry LoadNot applicable
Exit Load
  • If units of the Scheme are redeemed or switched out up to 10% of the units (the limit) within 12 months from the date of allotment - Nil.
  • If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment - 1% of the applicable NAV.
  • If units of scheme are redeemed or switched out after 12 months from the date of allotment - Nil.
Taxation
For Equity Oriented Funds Resident Investors** Mutual Fund**
Dividend Distribution Tax (DDT) Nil

Individual/HUF - 25% p.a (plus applicable surcharge & cess)

Others- 30%p.a (plus applicable surcharge & cess)

Capital Gains
Long Term Capital Gain (LTCG)
(units held for more than 12 months)
10% (plus applicable surcharge & cess) on LTCG, in excess of Rs.1 lakh in a financial year.
No indexation benefit is available on computation of such LTCG
Nil
Short Term Capital Gain (STCG)
(units held for less than 12 months)
15% (plus applicable surcharge and cess) Nil
Plans & OptionsThe Scheme offers following plans for investment:-
  • Regular Plan
  • Direct Plan
Within each plan there are two options:
  • Growth Option
  • Dividend Option
Dividend Options offers facility for Payout/reinvestment/sweep of dividend.
Minimum InvestmentRs. 5000/- and in multiples of Re.1/- thereafter
Additional PurchaseRs. 1000/- and in multiples of Re. 1/- thereafter
Systematic Investment Plan (SIP)Rs. 500 per month for a minimum period of 12 months
Rs. 1000 per month for a minimum period of 6 months.
Rs. 1500 per quarter for minimum period of 4 quarters.

Investments above minimum amount mentioned, shall be made in multiples of Re. 1 for all SIP in both Options irrespective of frequency of SIP
Riskometer
This product is suitable for investors who are seeking*:



  • Long term capital growth
  • Investment in predominantly dividend yielding equity and equity related instruments
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.