Fund Details
Principal Dividend Yield Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.15% |
| NAV | ₹80.77 (21 Jun 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹211 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. Higher expense ratio - 2.14%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 7.1% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.8% |
| Reliance Industries Ltd. | Energy | Equity | 5.9% |
| Ultratech Cement Ltd. | Construction | Equity | 5.3% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| Tata Steel Ltd. | Metals | Equity | 4.8% |
| Gujarat Gas Ltd. | Chemicals | Equity | 4.6% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.4% |
| Navin Fluorine International Ltd. | Chemicals | Equity | 4.3% |
| ITC Ltd. | FMCG | Equity | 4.2% |
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 ₹211 Cr and the Latest NAV as of 21 Jun 2021 is ₹80.77.
The Principal Dividend Yield Fund Direct Growth is rated Very 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.
