Rating : ★ ★ ☆ ☆ ☆
Aditya Birla Sun Life Dividend Yield Fund Direct Plan Dividend Payout
 ÂDividend Yield Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Investment Plan
2%
Benchmark
IISL Nifty Div Opportunities 50 PR INR
Asset Size
741.86 Cr.
(As of 31 Dec, 2020)
Risk
Moderately High
Objective
An Open-ended growth scheme with the objective to provide capital growth and income by investing primarily in a well-diversified portfolio of dividend paying companies that have a relatively high dividend yield.
 
Fund manager
Satyabrata Mohanty
Exit load
1 %
(If redeemed within 365 days)Minimum sip
₹1000
Minimum investment
₹1000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
Infosys Ltd
8.17%
ITC Ltd
4.34%
ICICI Securities Ltd
4.04%
NTPC Ltd
3.90%
Sector Allocation
About the Scheme Type
Dividend Yield Funds are relatively less volatile than growth oriented funds but the name doesn’t mean that they have to mandatorily pay dividends. Dividend Yield Funds put a majority of their investments – typically between 65 to 60% - higher than the average yield of the market. Now this method has more than one advantage. Investment is made in companies that have stable cashflows and who pay regular dividends. A second benefit is that even during downturns, these companiesdo not usually default or even lower down on paying dividends; hence, become the safest bets.
Ratings
This fund is rated 2 stars by Morning Star Ratings.
★ ★ ☆ ☆ ☆
Overview of Aditya Birla Sun Life AMC Ltd
Aditya Birla Sun Life AMC Limited (formerly known as Birla Sun Life Asset Management Company Limited), the investment manager of Aditya Birla Sun Life Mutual Fund (formerly known as Birla Sun Life Mutual Fund), is a joint venture between the Aditya Birla Group and the Sun Life Financial Inc. of Canada.
The joint venture brings together the Aditya Birla Group's experience in the Indian market and Sun Life's global experience. Aditya Birla Sun Life Mutual Fund (ABSLMF) was established in 1994 and is co-sponsored by Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc. The Aditya Birla Sun Life Mutual Fund is one of the leading Fund Houses in India based on domestic average AUM as published by the Association of Mutual Funds of India (AMFI). The Aditya Birla Mutual Fund has total domestic assets under management (AUM) of close to Rs. 2423 billion (Quarter ended December 31st, 2018). The fund house has an extraordinary mix of reach, a wide range of product offerings across equity, debt, balanced as well as structured asset classes and sound investment performance, with around 6.8 million investor folios (as of December 31st, 2018).