HDFC Dividend Yield Fund – Direct Growth

Equity · Dividend Yield
100
Min SIP
100
Min Lumpsum
0.45 %
Expense Ratio
Rating
4,564
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 04 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 48.8% 28.6% - 30.3%
Category Average 38.6% 18.5% 18.6% -

Scheme Allocation

By Holding
By Sector
By Asset
5.88%
4.28%
3.64%
3.41%
Others
79.14%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 5.88%
ICICI Bank Banks Equity 4.28%
Larsen & Toubro Infrastructure Developers & Operators Equity 3.65%
Infosys IT - Software Equity 3.64%
NTPC Power Generation & Distribution Equity 3.41%
Tech Mahindra IT - Software Equity 3.21%
Reliance Industr Refineries Equity 3.13%
TCS IT - Software Equity 3.1%
CESC Power Generation & Distribution Equity 2.82%
Coal India Mining & Mineral products Equity 2.67%
Power Fin.Corpn. Finance Equity 2.43%
ITC Tobacco Products Equity 2.22%
Sun Pharma.Inds. Pharmaceuticals Equity 2.12%
NHPC Ltd Power Generation & Distribution Equity 2.09%
O N G C Crude Oil & Natural Gas Equity 1.99%
REC Ltd Finance Equity 1.75%
St Bk of India Banks Equity 1.68%
IndusInd Bank Banks Equity 1.64%
Hind. Unilever FMCG Equity 1.63%
Bharti Airtel Telecomm-Service Equity 1.54%
Ambuja Cements Cement Equity 1.46%
PVR Inox Entertainment Equity 1.44%
Tata Motors Automobile Equity 1.36%
Bharat Electron Aerospace & Defence Equity 1.29%
Kaynes Tech Consumer Durables Equity 1.24%
RHI Magnesita Refractories Equity 1.2%
Tata Steel Steel Equity 1.12%
DCX Systems Aerospace & Defence Equity 1.11%
Apollo Hospitals Healthcare Equity 1.04%
Bajaj Auto Automobile Equity 0.99%
AIA Engineering Castings, Forgings & Fastners Equity 0.98%
TD Power Systems Capital Goods - Electrical Equipment Equity 0.97%
SKF India Bearings Equity 0.96%
Apollo Tyres Tyres Equity 0.95%
Wipro IT - Software Equity 0.95%
Balrampur Chini Sugar Equity 0.95%
Fusion Microfin. Finance Equity 0.94%
Nestle India FMCG Equity 0.88%
GAIL (India) Gas Distribution Equity 0.87%
Mahindra Holiday Hotels & Restaurants Equity 0.81%
H P C L Refineries Equity 0.81%
UPL Agro Chemicals Equity 0.79%
Dr Reddy's Labs Pharmaceuticals Equity 0.79%
Chola Financial Finance Equity 0.78%
Godrej Consumer FMCG Equity 0.77%
Finolex Cables Cables Equity 0.72%
SBI Life Insuran Insurance Equity 0.72%
M & M Automobile Equity 0.72%
Axis Bank Banks Equity 0.7%
Indraprastha Gas Gas Distribution Equity 0.67%
Canara Bank Banks Equity 0.64%
Chambal Fert. Fertilizers Equity 0.63%
Go Fashion (I) Textiles Equity 0.63%
Lupin Pharmaceuticals Equity 0.61%
PNC Infratech Construction Equity 0.6%
Vardhman Textile Textiles Equity 0.59%
Dilip Buildcon Infrastructure Developers & Operators Equity 0.57%
Emami FMCG Equity 0.55%
HCL Technologies IT - Software Equity 0.54%
Muthoot Finance Finance Equity 0.53%
GHCL Chemicals Equity 0.51%
Hindalco Inds. Non Ferrous Metals Equity 0.51%
UTI AMC Finance Equity 0.49%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.48%
Quess Corp Diversified Equity 0.44%
Biocon Pharmaceuticals Equity 0.43%
Guj Pipavav Port Marine Port & Services Equity 0.43%
Sun TV Network Entertainment Equity 0.4%
Castrol India Chemicals Equity 0.39%
Tata Comm Telecomm-Service Equity 0.38%
ICICI Securities Stock/ Commodity Brokers Equity 0.34%
Sai Silks Retail Equity 0.24%
Netweb Technolog IT - Software Equity 0.22%
Jio Financial Finance Equity 0.22%
Rishabh Instrum. Capital Goods - Electrical Equipment Equity 0.19%
Volt.Transform. Capital Goods - Electrical Equipment Equity 0.17%
Epack Durable Consumer Durables Equity 0.16%
Inox India Packaging Equity 0.15%
Sonata Software IT - Software Equity 0.13%
UltraTech Cem. Cement Equity 0.13%
Timken India Bearings Equity 0.13%
GHCL Textiles Textiles Equity 0.07%
Bharti Airtel PP Telecomm-Service Equity 0.06%
Latent View IT - Software Equity 0.05%
Banks
14.82%
IT-Software
11.62%
Power
8.32%
Finance
6.65%
Construction
4.82%
Others
53.77%
View all Sectors
Sectors Asset
Banks 14.82%
IT-Software 11.62%
Power 8.32%
Finance 6.65%
Construction 4.82%
Industrial Products 4.62%
Petroleum Products 4.33%
Pharmaceuticals & Biotech 3.95%
Diversified FMCG 3.85%
Automobiles 3.07%
Debt 2.91%
Consumable Fuels 2.67%
Aerospace & Defense 2.4%
Oil 1.99%
Telecom-Services 1.98%
Entertainment 1.84%
Cement & Cement Products 1.59%
Gas 1.54%
Fertilisers & Agrochemica 1.42%
Electrical Equipments 1.33%
Personal Products 1.32%
Industrial Manufacturing 1.24%
Ferrous Metals 1.12%
Healthcare Services 1.04%
Agricultural Food & other 0.95%
Auto Components 0.95%
Food Products 0.88%
Retailing 0.87%
Capital Markets 0.83%
Leisure Services 0.81%
Insurance 0.72%
Textiles & Apparels 0.66%
Non-Ferrous Metals 0.51%
Chemicals & Petrochemical 0.51%
Commercial Services & Sup 0.44%
Transport Infrastructure 0.43%
IT-Hardware 0.22%
Consumer Durables 0.16%
Cash & Others -0.17%
Equity
96.47%
Reverse Repos
2.91%
REITs
0.79%
Net Curr Ass/Net Receivables
-0.17%

Advance Ratio

8.95
Alpha
3.83
SD
0.94
Beta
1.66
Sharpe

Exit Load

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.

Fund Objective

The HDFC Dividend Yield Fund is a thematic equity fund offered by HDFC Mutual Fund. The fund aims to provide both capital appreciation and dividends to its investors by investing in a diversified portfolio of equity and equity-related instruments of companies with a strong dividend yield.

The fund was launched on December 18, 2020, and is benchmarked against the NIFTY Dividend Opportunities 50 Total Return Index. This open-ended scheme offers an opportunity for investors looking for a potential source of income through dividend payouts, while also participating in the long-term growth potential of the equity markets.
Pros and Cons of HDFC dividend yield fund

Pros Cons
The HDFC Dividend Yield Fund is one of the most bought funds within its category, indicating a high level of popularity and demand among investors. The HDFC Dividend Yield Fund is highly volatile within its category, making it a riskier investment option for those who are not prepared for market fluctuations.
The HDFC Dividend Yield Fund has a larger AUM within its category, providing a sense of security and reliability to potential investors. The HDFC Dividend Yield Fund has a poor track record of recovering losses quickly, making it a riskier investment option for those who are looking for short-term gains.
The HDFC Dividend Yield Fund has consistently outperformed the benchmark indices, providing a higher return on investment to its investors.  
The HDFC Dividend Yield Fund has a lower probability of downside risk, making it a safer investment option for those who are risk-averse.  
The HDFC Dividend Yield Fund has outperformed benchmarks during bull runs, providing a higher return on investment during the upward movement of the market.  

 

How to invest in an HDFC dividend yield fund?

Investing in HDFC Dividend Yield Fund is made easy through 5Paisa. The process is streamlined, and efficient and does not require any paper-based documentation. Simply log in to your 5Paisa account and start investing in HDFC Dividend Yield Fund to experience the benefits of investing in a high-yield equity fund.

What is the expense ratio of the HDFC dividend yield fund?

HDFC Dividend Yield Fund Expense Ratio refers to the yearly management charge paid by investors to the mutual fund firm for the service of investing in HDFC Dividend Yield Fund. The fund’s administrative and operational expenses are partially covered by this charge.

The expense ratio is an important factor to consider when determining how much to invest in a mutual fund since it affects the investor’s return on investment (ROI). A lower expense ratio is always preferable as it reduces the cost of investment and helps in maximising the returns.

Who should invest in the HDFC dividend yield fund?

Investors who want to build a diverse portfolio of dividend-paying equities for long-term capital gain can consider the HDFC Dividend Yield Fund. It is a relatively low-risk investment option for those who aim to invest in equities over the medium to long term. The fund’s diversified portfolio helps to reduce the impact of market volatility and provides stability to the investment.

The scheme is also ideal for investors who aim to take advantage of tax arbitrage through mutual funds, rather than directly investing in dividend-yielding stocks. However, HDFC Mutual Fund recommends that an investor should have a minimum investment horizon of 3 years or more to invest in the HDFC Dividend Yield Fund.

What are the benefits of investing in the HDFC dividend yield fund?

Investing in HDFC Dividend Yield Fund offers several benefits for investors looking for a steady source of income and long-term capital appreciation. Some of the key benefits include:

1. Regular dividend income

The fund invests in dividend-yielding stocks, which means that investors can expect a steady stream of high dividends, indicating steady cash flows.

2. Tax-free dividends

Dividends received from the fund are tax-free at the hands of the investor, offering a high tax exemption threshold.

3. Minimised market volatility risk

By investing in dividend-yielding stocks, the fund helps minimise the market volatility risk and acts as a hedge against market turmoil.

4. Proven financial track records

The fund invests in blue-chip stocks that have proven financial track records, which means that the fund is always assured of high returns in the future.

5. Better yield in the long run

Investments in dividend yield funds provide a significantly better yield on investments in the long run as the fund managers only include blue chip stocks in the portfolio.

6. Suitable for different investment horizons and risk appetites

The investments made in dividend yield funds involve a marginal level of risk, making it suitable for investors with any investment horizon and risk appetite.

Fund Managers

Gopal Agrawal - Fund Manager

Mr Gopal has worked with several fund houses before joining HDFC. He joined DSP Investment Managers in July 2018 as Head of Macro Strategy & Senior Fund Manager. Before that, he has over 20 years of experience at Tata Mutual Fund, Mirae Asset Mutual Fund and SBI Mutual Fund, managing some of its marquee funds. He has extensive experience in sectors such as Petrochemicals, Capital Goods, Power, Oil & Gas, and more. Mr Agarwal manages 9 HDFC schemes with an AUM of ₹17,987 Cr.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

HDFC Mutual Fund
AUM:
5,56,006 Cr
Address:
HDFC House, 2nd Flr, H.T.Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400 020.
Contact:
022 - 6631 6333
Email ID:
cliser@hdfcfund.com

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Frequently Asked Questions

How to invest in HDFC Dividend Yield Fund – Direct Growth ?

You can invest in HDFC Dividend Yield Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for HDFC Dividend Yield Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of HDFC Dividend Yield Fund – Direct Growth ?

The NAV of HDFC Dividend Yield Fund – Direct Growth is ₹23.5 as of 04 March 2024.

How to redeem HDFC Dividend Yield Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of HDFC Dividend Yield Fund – Direct Growth?

The minimum SIP amount of HDFC Dividend Yield Fund – Direct Growth is ₹100

What are the top sectors HDFC Dividend Yield Fund – Direct Growth has invested in?

The top sectors HDFC Dividend Yield Fund – Direct Growth has invested in are
  1. Banks - 14.82%
  2. IT-Software - 11.62%
  3. Power - 8.32%
  4. Finance - 6.65%
  5. Construction - 4.82%

Can I make investments in both the SIP and Lump Sum schemes of HDFC Dividend Yield Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of HDFC Dividend Yield Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have HDFC Dividend Yield Fund – Direct Growth generated ?

The HDFC Dividend Yield Fund – Direct Growth has delivered 30.3% since inception

What is the expense ratio of HDFC Dividend Yield Fund – Direct Growth ?

The expense ratio of HDFC Dividend Yield Fund – Direct Growth is 0.45 % as of 04 March 2024.

What is the AUM of HDFC Dividend Yield Fund – Direct Growth?

The AUM of HDFC Dividend Yield Fund – Direct Growth is ₹5,56,006 Cr as of 04 March 2024

What are the top stock holdings of HDFC Dividend Yield Fund – Direct Growth?

The top stock holdings of HDFC Dividend Yield Fund – Direct Growth are
  1. HDFC Bank - 5.88%
  2. ICICI Bank - 4.28%
  3. Larsen & Toubro - 3.65%
  4. Infosys - 3.64%
  5. NTPC - 3.41%

How can I redeem my investments in HDFC Dividend Yield Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select HDFC Dividend Yield Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now