myplexus

NFO Monitor

Fund Fact

Name of Funds:

SBI Dividend Yield Fund

Opening:

20th February 2023

Closing:

6th March 2023

Minimum Investment:

Rs. 5000/- & in multiples of Re.1

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if units purchased or switched in from another scheme of the fund are redeemed or switched out in excess of 10% of units purchased on or before 1 year from the date of allotment

Fund Stats

Objective:

The investment objective of the scheme is to provide investors with opportunities for capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.

Benchmark:

NIFTY 500

Fund Manager:

Rohit Shimpi, Mohit Jain

Asset Allocation

65-100% Equity upto 35% Money Market

upto 35% Debt upto 10% Others

Comparable existing schemes

IDBI Dividend Yield Fund	-2.27(6M)	1.88(1Y)
Sundaram Dividend Yield Fund	0.24(6M)	4.74(1Y)

Fund Prognosis

Idea Distiller

A very forgotten segment with few competing products. So occupying the niche will be so much easier for UTI.

Fund House AAUM:
Rs.71354210.96 Lakhs (as on 31st December 2022)
Fund Manager:
Combined experience of above 12 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Actually it is a very difficult segment to make money. And historically, the dividend yielding scrips are not segment leaders. However, if a defensive strategy makes sense, then this is hot.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028