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IDBI DIVIDEND YIELD FUND

An open ended equity scheme predominantly investing in dividend yielding stocks
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Fund Manager

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Mr. Alok Ranjan

Total Experience: Over 25 Years (Managing this Scheme since 6th August, 2021)

Other Funds Managed by Mr. Alok Ranjan - Click Here

Fund Information

NAV

As on 28 Jul 23

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Dividend Yield Fund

Inception

21 Dec 2018

Benchmark

NIFTY 500 – Total Return Index (TRI)
Benchmark RiskometerBENCHMARK RISKOMETER
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*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Entry Load

Not Applicable

Exit Load

If units of the Scheme are redeemed or switched out up to10% 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 ofallotment - 1% of the applicable NAV.

If units of scheme are redeemed or switched out after 12 months from thedate of allotment - Nil.

Face Value

Rs. 10/- per unit

Returns

As of last business day of the month- June 2023

23.54%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
 Rs. 5,000/- and in multiples of Re. 1
Minimum Additional Lumpsum Amount:
Rs. 1,000/- and in multiples of Re. 1
Systematic Investment Plan (SIP) Options
Monthly Option:
Rs. 500/- per month for a minimum period of 12 months
Or
Rs. 1000/- per month for a minimum period of 6 months

Quarterly Option:
Rs. 1500/- per quarter for a minimum period of 4 quarters

SCHEME LABEL

Riskometer
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This product is suitable for investors who are seeking*

  • Long term capital growth
  • Investment predominantly in Dividend yielding Equity & Equity related instruments
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Investment Objective

The 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.

Who should Invest?

  • Investors looking to increase equity allocation but prefer relatively better downside protection
  • Investors looking for dual benefit of capital appreciation as well as dividends
  • Investors with Long Term Investment Horizon i.e. 3 years and above

Portfolio as on 30/6/2023

*Rounded off to the nearest two digits after the decimal point.

Scheme Performance as of last business day of the month - June 2023

Regular Plan

Schemes managed by Fund Manager (FM) - Mr. Alok Ranjan     Experience - Over 17 years
Returns (in %)Value of Rs. 10,000/- invested
PeriodSchemeBenchmark# Additional Benchmark##Scheme (Rs.)Benchmark# (Rs.) Additional Benchmark## (Rs.)
1 year23.5423.9022.9112,35412,390 12,291
3 years22.5926.0624.5418,42220,03019,315
Since Inception (SI) Date: 21 December, 2018 14.9515.2515.0218,79019,01418,839
FM managing this Scheme Since 6th August, 2021
The Regular Plan of this scheme is in existence for a period less than 3 years.
#NIFTY Dividend Opportunities 50 - TRI, ## NIFTY 50 - TRI

Direct Plan

Schemes managed by Fund Manager (FM) - Mr. Alok Ranjan     Experience - Over 17 years
Returns (in %)Value of Rs. 10,000/- invested
PeriodSchemeBenchmark# Additional Benchmark##Scheme (Rs.)Benchmark# (Rs.) Additional Benchmark## (Rs.)
1 year24.7623.9022.9112,47612,390 12,291
3 years23.8126.0624.5418,97720,03019,315
Since Inception (SI) Date: 21 December, 2018 16.3615.2515.0219,85019,01418,839
FM managing this Scheme Since 6th August, 2021
The Direct Plan of this scheme is in existence for a period less than 3 years.
#NIFTY Dividend Opportunities 50 - TRI, ## NIFTY 50 - TRI
Past Performance may or may not be sustained in the future. Returns pertain to growth option under Regular & Direct Plan. The returns are Compounded Annual Growth Returns (CAGR) for past 1 year, 3 years, 5 years & since inception period and annualised for the period below 1 year. The Regular and Direct Plan of IDBI Mutual Fund have different expense structure.
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Scheme Name Option NAV Per Unit(Rs) NAV Date