Fund Details
Principal Dividend Yield Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.15% |
| NAV | ₹71.58 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹187 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Higher expense ratio - 2.04%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Tata Consultancy Services Ltd. | Technology | Equity | 7.0% |
| Infosys Ltd. | Technology | Equity | 6.6% |
| Reliance Industries Ltd. | Energy | Equity | 6.2% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.7% |
| Ultratech Cement Ltd. | Construction | Equity | 4.5% |
| ICICI Bank Ltd. | Financial | Equity | 4.5% |
| ITC Ltd. | FMCG | Equity | 4.4% |
| HDFC Bank Ltd. | Financial | Equity | 4.3% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 4.2% |
| Bajaj Auto Ltd | Automobile | Equity | 3.5% |
Fund Managers
Principal Dividend Yield Fund Direct Growth Details
Principal Dividend Yield Fund Direct Growth is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Dhimant Shah is the Current Fund Manager of Principal Dividend Yield Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹187 Cr and the Latest NAV as of 20 Jan 2021 is ₹71.58.
The Principal Dividend Yield Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 24% of the investment,1% will be charged for redemption within 365 days
Investment Objective
The scheme aims to provide capital appreciation by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
