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Upcoming dividends in mutual funds

29 May 20245 mins read by Angel One
In this article, we will uncover upcoming dividends in mutual funds providing a dual advantage income and volatility buffer.
Upcoming dividends in mutual funds
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Dividend mutual funds have become increasingly popular among investors seeking a balance between income and capital appreciation. These funds offer a unique opportunity to benefit from both regular dividend payments and the potential for long-term capital growth.

What is Dividend Mutual Funds?

Dividend mutual funds are a type of equity fund that primarily invests in companies known for paying consistent and sustainable dividends. These funds aim to provide investors with a steady income stream in the form of regular dividend payments, while also offering the potential for capital appreciation through stock price increases.

Following are the mutual fund schemes that declared a dividend on its record date:

Scheme name Category Record Date Dividend (%) Dividend (Rs / Unit)
Aditya Birla SL Arbitrage Direct-IDCW Hybrid: Arbitrage 24-May-24 0.67 0.067
Aditya Birla SL Arbitrage Reg-IDCW Hybrid: Arbitrage 24-May-24 0.65 0.065
Aditya Birla SL Balanced Advantage Direct-IDCW Hybrid: Dynamic Asset Allocation 24-May-24 1.67 0.167
Aditya Birla SL Balanced Advantage Reg-IDCW Hybrid: Dynamic Asset Allocation 24-May-24 1.48 0.148
Aditya Birla SL India GenNext Direct-IDCW EQ-Consumption 24-May-24 35.89 3.589
Aditya Birla SL India GenNext Reg-IDCW EQ-Consumption 24-May-24 28.66 2.866
Aditya Birla SL Special Opportunities Direct-IDCW EQ-THEMATIC 24-May-24 14.1 1.41
Aditya Birla SL Special Opportunities Reg-IDCW EQ-THEMATIC 24-May-24 13.34 1.334
Franklin India Debt Hybrid A Direct-IDCWM Hybrid: Conservative 24-May-24 0.95 0.095
Franklin India Debt Hybrid A-IDCWM Hybrid: Conservative 24-May-24 0.85 0.085
Franklin India Equity Hybrid Direct-IDCW Aggressive Hybrid 24-May-24 27.5 2.75
Franklin India Equity Hybrid-IDCW Aggressive Hybrid 24-May-24 22.5 2.25
Franklin India NSE Nifty 50 Index Direct-IDCW Equity Large Cap 24-May-24 90 9
Franklin India NSE Nifty 50 Index-IDCW Equity Large Cap 24-May-24 90 9
UTI Aggressive Hybrid Direct-IDCW Aggressive Hybrid 24-May-24 8.4 0.84
UTI Aggressive Hybrid Reg-IDCW Aggressive Hybrid 24-May-24 8.4 0.84

Data as of May 23, 2024.

Benefits of Investing in Dividend Mutual Funds:

Regular Income: Dividend payments provide a reliable source of income, which can be used to supplement your regular income or reinvest to compound your returns over time.

Reduced Volatility: Dividend stocks tend to be less volatile than the broader market, making them a good option for investors seeking to build a more stable portfolio.

Capital Growth Potential: While the primary focus is on income generation, dividend mutual funds can also offer significant capital appreciation over the long term. This is due to the reinvestment of dividends and the potential for the underlying companies to grow their businesses and increase their dividends.

Diversification: Dividend mutual funds provide instant diversification by investing in a basket of companies across various sectors and industries. This helps to spread your risk and reduce the impact of any single company’s performance on your portfolio.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.

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