Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Dividend Yield Plus Fund |Dividend Yield Plus Fund - ABSLMF

Aditya Birla Sun Life Dividend Yield Fund

(An open ended equity scheme predominantly investing in dividend yielding stocks)
Aditya Birla Sun Life Dividend Yield Plus

Investment Objective

The investment objective of the scheme is 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.

This product is suitable for investors who are seeking

  • Long term growth in capital
  • Investments in equity and equity related securities providing high levels of dividends relative to their share prices

Fund Details

  • Fund Type - Open-Ended
  • Class - Equity
  • Category - Dividend Yield
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr. Satyabrata Mohanty & Mr. Vineet Maloo
  • Latest NAV - 155.01 (as on 05-Nov-2018)
  • Inception Date - Feb 26, 2003
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Fund Performance

Trailing Return

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Funds are bucketed on various parameters with respect to other funds in their category.
*Annualized returns are displayed for 1 year and above.

Annualized Returns

Fund Management

  • Satyabrata M
    Mr. Satyabrata Mohanty

    Total Experience : 16 years

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    ​Mr. Satyabrata Mohanty is a CA, CFA. He has been part of Birla group since last 17 years. He has over 12 years of experience in Finance and Research. He has handled responsibilities across Fund Management (Equity & Debt), Trading and Credit Research functions. Prior to joining BSLAMC, he has worked with Aditya Birla Management Corporation Ltd & joined ABG as a management Trainee.
  • Mr. Vineet Maloo

    Total Experience : ​11 years

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    Vineet has 7 years of experience. He has been providing analytical support to the Chief Financial Officer of Hindalco Industries Limited, prior to which he has worked with Aditya Birla Management Corporation Ltd.
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Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.

Portfolio and Sector Holdings

Top 10 Holdings (As on 30.09.2018)

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Issuer % to Net Assets
Top 10 Sector Holdings Chart

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
1%: For redemption / switch-out of units within 365 days from the date of allotment (% of applicable NAV) NIL : For redemption / switch-out of units after 365 days from the date of allotment.
In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched-out without any exit load from the date of allotment. Any redemption in excess of this limit shall be subject to the given exit load.(w.e.f. October 10, 2016) **Exit Load is NIL for units issued in Dividend Reinvestment.

Highlights

  • Focussed on companies with high divdend yield
  • Investment in companies having robust cash flows
  • Reduced volatality on account of the above

Helps investors earn dividends and build wealth from one scheme

One of the best indicators of a company’s performance is its ability to share its profits with its investors. If a company shares a significant portion of its profit regularly and consistently with its investors, it indicates that it’s a well-performing company. If there is an investment opportunity by identifying any such company that might be undervalued, it could result in twin benefits of tax free dividend income and growth in capital, during a particular period. This is what Aditya Birla Sun Life Dividend Yield Plus (ABDYP) does by identifying such investment opportunities consisting of companies providing high dividends relative to their share prices.

Get best of both worlds but with lesser risk

As the companies grow and exhibit their financial progress with steady growth and profit sharing through dividend distribution, they have steady share price appreciation and face lesser price volatility. High dividend payout often signals that there is enough cash generation in the business and that the stock might be under-priced given the high cash generating ability of the issuer. This provides investors an opportunity to earn regular dividend and good capital appreciation with lesser risk.

Discipline

Investing in stocks with high dividend yields is traditionally a 'Defensive Investment Strategy'. Using this approach, the scheme targets at achieving higher returns than would otherwise be available from interest bearing securities
(Bonds, FDs, CDs, Debentures etc.), but without taking undue exposure to the ups and downs of the stock markets.
It has been seen that share prices of companies having high dividend yield are less volatile than growth stocks. These companies which have a track record of dividend payment, are hence perceived as 'Shareholder Friendly'

Aditya Birla Sun Life Dividend Yield Fund

(An open ended equity scheme predominantly investing in dividend yielding stocks)

This product is suitable for investors who are seeking*

  • Long term growth in capital
  • Investments in equity and equity related investments providing high levels of dividends relative to their share prices

 

*We recommend investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Moderately High Risk
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Disclaimer

For further details on the Scheme, refer Scheme Information Document and Key Information Memorandum.

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