3 Year return

29.47%
Launched on November 2020 (4 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹4564.53 Cr.

Expense Ratio

0.45% (inclusive of GST)

Exit Load

1.00% - If Units are redeemed / switched-out within 1 years from the date of allotment. Nil - If Units are redeemed / switched-out after 1 years from the date of allotment.

Ratings

0

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

HDFC Mutual Fund Managers

GA

Gopal Agrawal

Fund Manager since Apr 2022

Fund House Details

HDFC Mutual Fund Asset management company

AUM ₹556,006.89 Cr.
No. of Schemes 162
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Dividend Yield Fund Growth Direct Plan

The HDFC Dividend Yield Fund Growth Direct Plan is an open-ended equity mutual fund scheme offered by HDFC Mutual Fund. The fund falls within the dividend yield category and predominantly invests in stocks of companies with a history of paying dividends.

Investment Objective of the Scheme

The main investment objective of the HDFC Dividend Yield Fund Growth Direct Plan is to yield long-term capital appreciation by primarily investing in dividend-paying stocks. Certain well-established companies that have a track record of dividend distribution are considered for this fund. The scheme’s aim is to generate wealth for investors by targeting a portfolio of stocks with possibly good dividend yields.

Key Features of The Fund

5-year return NA
Expense Ratio 0.45%
Fund Manager Gopal Agrawal
Fund Size ₹4564.53 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The HDFC Dividend Yield Fund Growth Direct Plan may be considered for those investors who hold a view of income orientation, as they can potentially gain regular dividends. If you are such an investor and seek possible growth of capital too, you can consider this fund. Furthermore, if you have a moderate appetite for risk, and don’t mind being patient for long-term returns, you may think of this scheme for investment. Whatever your financial goals and requirements are, as an investor, you must align investments with these and then take your investment decisions.

AMC Contact Details

Name HDFC Mutual Fund
Launch Date July 2000
Addresss "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact 1800 3010 67671800 419 7676
Email [email protected]
Website https://www.hdfcfund.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 HDFC 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 HDFC Dividend Yield Fund Growth Direct Plan Feb 23 2024 is 23.304

What is the AUM of HDFC 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 HDFC Dividend Yield Fund Growth Direct Plan is 4564.53 crore.

What is the expense ratio of HDFC 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 HDFC Dividend Yield Fund Growth Direct Plan is 0.45%

What are the returns of HDFC Dividend Yield Fund Growth Direct Plan since inception?

The HDFC Dividend Yield Fund Growth Direct Plan was launched on Nov 27 2020. The fund has delivered a CAGR of 30.42 since inception.

What is the minimum SIP amount to invest in HDFC 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 HDFC Dividend Yield Fund Growth Direct Plan is 100.

How do I invest in HDFC 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 HDFC 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 HDFC 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 HDFC 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.