3 Year return

0
Launched on February 2023 (1 year)

Investment Details

₹500

Minimum SIP Amount

₹5000

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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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹9771.4 Cr.

Expense Ratio

0.74% (inclusive of GST)

Exit Load

Nil - If units purchased switched in from another scheme of the Fund are redeemed or switched out upto 10% of the units (the limit) purchased or switched on or before 1 year from the date of allotment. 1% - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit in or before 1 year from the date of allotment Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 year from the date of allotment

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

SBI Mutual Fund Managers

RS

Rohit Shimpi

Fund Manager since Feb 2023

View Details

Fund House Details

SBI Mutual Fund

SBI Mutual Fund Asset management company

AUM ₹1,100,886.17 Cr.
No. of Schemes 287
Setup Date June 1987

Peer Comparison

Comparison with other similar funds

Schemes by SBI Mutual Fund

List of mutual fund schemes by AMC

About SBI Dividend Yield Fund Direct Plan Growth

SBI Dividend Yield Fund Direct Plan Growth is an open-ended equity mutual fund that is offered by SBI Mutual Fund. Categorised as a dividend yield mutual fund, it invests predominantly in stocks of companies that pay out dividends, with at least 65% of its portfolio dedicated to dividend-yielding equity investments. The rest of the fund’s portfolio may be diversified to include other equity instruments, debt securities, REITs and InvITs. With zero entry load and a nominal exit load (applicable only conditionally), this direct fund makes investments affordable for investors.

Investment Objective of the Scheme

SBI Dividend Yield Fund Direct Plan Growth’s investment objective is to give investors the benefit of dividend payouts and/or capital appreciation by curating a diversified portfolio of dividend-yielding stocks. It also aims to offset the relatively high risk levels associated with equity investments by including stabler assets like debt and money market instruments in its portfolio.

Key Features of The Fund

5-year return NA
Expense Ratio 0.74%
Fund Manager Rohit Shimpi
Fund Size ₹9771.4 Cr
Risk Profile Very High

Is This Scheme Right for Me?

Since the SBI Dividend Yield Fund Direct Plan Growth focuses primarily on stocks that yield dividends, it may be a good choice if you want to add to your current primary income. It may also offer the benefits of long-term capital appreciation, depending on how the market behaves over your investment tenure. That said, the fund has a very high-risk profile, so ensure that the risk-reward ratio is in your favour before you invest in the scheme.

AMC Contact Details

Name SBI Mutual Fund
Launch Date June 1987
Addresss 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051
Contact 1800 209 3333 1800 425 5425
Email customer.delight@sbimf.com
Website https://www.sbimf.com/

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

Planning Tool at You Fingertips Now – SIP Calculator

Estimating and comparing your returns from different mutual funds can happen within under a minute with just 3 steps: Step 1: Open Angel One's free SIP calculator. Step 2: Enter your SIP Amount, investment horizon, and expected rate of return. Step 3: Compare!

FAQs

What is today's NAV of SBI Dividend Yield Fund?

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 SBI Dividend Yield Fund Nov 07 2024 is 15.5792

What is the AUM of SBI Dividend Yield Fund?

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 SBI Dividend Yield Fund is 9771.4 crore.

What is the expense ratio of SBI Dividend Yield Fund?

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 SBI Dividend Yield Fund is 0.74%

What are the returns of SBI Dividend Yield Fund since inception?

The SBI Dividend Yield Fund was launched on Feb 20 2023. The fund has delivered a CAGR of 30.72 since inception.

What is the minimum SIP amount to invest in SBI Dividend Yield Fund?

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 SBI Dividend Yield Fund is 500.

How do I invest in SBI Dividend Yield Fund?

  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 SBI Dividend Yield Fund?

  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 SBI Dividend Yield Fund?

  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 SBI Dividend Yield Fund?

  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.