3 Year return

30.28%
Launched on January 2013 (11 years)

Investment Details

₹1000

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1276.59 Cr.

Expense Ratio

1.49% (inclusive of GST)

Exit Load

1.00% - For redemption/switch-out of units within 90 days from the date of allotment. Nil - For redemption/switch-out of units after 90 days from the date of allotment.

Ratings

2.5

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Aditya Birla Sun Life Mutual Fund Managers

VM

Vineet Maloo

Fund Manager since Dec 2019

Fund House Details

Aditya Birla Sun Life Mutual Fund Asset management company

AUM ₹312,323.01 Cr.
No. of Schemes 224
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Aditya Birla Sun Life Mutual Fund

List of mutual fund schemes by AMC

About Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan

The Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan is a mutual fund offered by Aditya Birla Sun Life Mutual Fund. This specific fund falls within the equity category. The Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan is an open-ended fund. As an open-ended fund, you have the flexibility to buy and sell units of the fund on any business day. The fund's expense ratio is slightly higher than the category average.

Investment Objective of the Scheme

The primary objective of the Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan is to provide capital appreciation by investing primarily in dividend-yielding stocks. The fund aims to identify and invest in companies that have a history of paying dividends, which can potentially provide investors with a regular income stream in addition to capital appreciation.

Key Features of The Fund

5-year return 23.22%
Expense Ratio 1.49%
Fund Manager Vineet Maloo
Fund Size ₹1276.59 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This fund could be suitable for investors who are seeking a combination of potential capital appreciation and regular dividend income. It might be appealing to individuals who prioritize income generation in addition to growth potential. Investors who have a moderate risk tolerance and a longer investment horizon could find this fund interesting. Before making any investment decision, it's important to carefully review the fund's documents, align the investment with your financial objectives and risk tolerance, and possibly consult a financial advisor.

AMC Contact Details

Name Aditya Birla Sun Life Mutual Fund
Launch Date September 1994
Addresss One India Bulls Centre, Tower-1, 17th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai, 400013
Contact 1-800-22-7000
Email [email protected]
Website https://mutualfund.adityabirlacapital.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan Feb 23 2024 is 446.76

What is the AUM of Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan is 1276.59 crore.

What is the expense ratio of Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan is 1.49%

What are the returns of Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan since inception?

The Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan was launched on Jan 01 2013. The fund has delivered a CAGR of 14.83 since inception.

What is the minimum SIP amount to invest in Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan is 1000.

How do I invest in Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Aditya Birla Sun Life Dividend Yield Fund Growth Direct Plan?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.