Fund Snapshot

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IDBI DIVIDEND YIELD FUND

An open ended equity scheme predominantly investing in dividend yielding stocks

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

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

ELSS

Inception

21 Dec 2018

Benchmark

NIFTY Dividend Opportunities 50 – 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- September 2021

48.51%

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.