Top 6 SIP Mutual Funds with 5 Year Dividend Yield: When you invest money in mutual funds through SIP or lump sum, your aim is to earn profits to meet your short-term and long-term goals. But sometimes, when you have a large amount and want to earn regular income through it, you can get it from dividend yielding mutual funds.
Dividend yield mutual funds invest most of their money in companies with a history of paying higher dividend yields.
Since companies that pay high dividend yields are mostly fundamentally sound large-cap companies, investing in a dividend yield mutual fund also offers lower risk compared to funds invested in mid- or small-cap companies.
These dividends provide a regular income for investors.
Over the past 5 years, many dividend funds have not only offered high dividends but also delivered good returns. In this article, we show you 6 such funds.
ICICI Prudential Dividend Yield Equity Fund – Direct Plan
The fund has achieved an annualised SIP return of 36.02 per cent in 5 years.
It has assets under management (AUM) of Rs 4,642 crore, while its net asset value (NAV) is Rs 57,360 crore.
Compared to the NIFTY 500 TRI, the fund has delivered an annualised return of 18.53 per cent since its inception in May 2014.
The fund’s investments are 94.55 per cent in equities. In a portfolio of 59 stocks, the fund’s top holdings are ICICI Bank, NTPC, Sun Pharma, HDFC Bank and Maruti Suzuki.
A monthly investment of Rs 15,000 in the fund has turned into Rs 21,65,352 in 5 years.
Templeton India Equity Fund: Direct Plan
The fund has offered an annualized SIP return of 33.08 percent over the 5-year period.
It has an asset base of Rs 2,510 crore, while its NAV is Rs 1,61,177 crore.
Compared to the NIFTY 500 TRI, the fund has generated an annualized return of 18.03 per cent since its inception in January 2013.
The fund has allocated 88.73 percent of its investments to equities, 5.72 percent to real estate and 5.55 percent to cash and cash equivalents.
In its portfolio of 43 stocks, the fund has NTPC, NHPC, Infosys, ONGC and HCL Tech as its top holdings.
A monthly SIP of Rs 15,000 started 5 years ago in the fund has grown to Rs 20,21,970.
Aditya Birla Sun Life Dividend Fund: Direct Plan
The fund has provided an annualized SIP return of 32.56 percent over the 5-year period.
The fund has an asset base of Rs 1,562 crore, while its NAV is Rs 524,850.
Compared to the NIFTY 500 TRI, the fund has delivered an annualised return of 15.71 per cent since its launch in January 2013.
96.46 per cent of the fund’s investments are in equities. In a portfolio of 69 stocks, the fund’s top holdings are Infosys, Coal India, NTPC, CMS Info Systems, ITC and TCS.
A monthly SIP of Rs 15,000 in the fund has turned into Rs 19,97,651 in 5 years.
LIC MF Dividend Yield Fund – Direct Plan
The fund has offered an annualized SIP return of 31.66 percent over the 5-year period.
It has an asset base of Rs 330 crore, while its NAV is Rs 33,7077.
Compared to the NIFTY 500 TRI, the fund has delivered an annualised return of 24.86 per cent since its inception in December 2018.
The fund has 96.64 percent of its investments in equities.
In its portfolio of 72 stocks, the fund has TCS, Kotak Bank, ICICI Bank, NTPC, RIL and Maruti Suzuki as its top holdings.
A monthly SIP of Rs 15,000 in the fund has grown to Rs 19,55,524 in the period of 5 years.
UTI Dividend Yield Fund – Direct Plan
The fund has offered an annualized SIP return of 29.82 percent over the 5-year period.
It has AUM of Rs 4,371 crore, while its NAV is Rs 197,3851.
The fund has 94.52 percent of its investments in equities and 5.25 percent in cash and cash equivalents.
Compared to the NIFTY 500 TRI, the fund has generated an annualized return of 16.00 per cent since its launch in January 2013.
In its portfolio of 51 stocks, the fund has HDFC Bank, Infosys, Tech Mahindra, ITC, TCS and BEL as its top holdings.
A monthly SIP of Rs 15,000 in the fund has turned into Rs 18,72,636 in 5 years.
Sundaram Dividend Fund: Direct Plan
The fund has offered an annualized SIP return of 27.61 percent over the 5-year period.
It has an asset base of Rs 977 crore, while its NAV is 153.9719.
Compared to the NIFTY 500 TRI, the fund has delivered an annualised return of 16.32 per cent since its inception in January 2013.
The fund has 94.72 percent of its investments in equities and 5.28 percent in cash and cash equivalents.
In its portfolio of 65 stocks, the fund has NTPC, HDFC Bank, Infosys, ICICI Bank, TCS, RIL and SBI as its top holdings.
A monthly SIP of Rs 15,000 in the fund has turned into Rs 17,76,937 in 5 years.
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