Mutual funds offer various investment options. Dividend Yield Plan is one of them. These Mutual Fund Dividend Yield plans are suitable for investors who have advanced knowledge of the macro trends of the economy and markets. Such mutual fund investments are also suitable for investors who are willing to take selective risk for higher returns in the short term. IDBI Dividend Yield Fund – Direct Plan – Growth Plan is one such mutual fund dividend yield plan. Over the last three years, this mutual fund scheme has delivered huge returns to its investors (both lumpsum depositors and SIP investors).
Mutual Fund SIP Returns
IDBI Dividend Yield Fund – Direct Plan-Growth It has given 12.90 per cent return to its SIP investors in the last one year, whereas the absolute return given by this mutual fund scheme in this period is around 6.85 per cent. Similarly, in the last two years, the scheme has given an annual return of 26.35 per cent, while the total return in this period is around 28.70 per cent. In the last 3 years, this dividend yield scheme has given annual returns of more than 25 percent to its SIP investors while the absolute return given by this scheme in this period is around 43.90 percent.
Mutual Fund SIP Calculator
If an investor had started 10,000 SIP in this mutual fund plan a year ago, its 10,000 monthly SIP would have increased 1.27 lakh today. If an investor had started 10,000 monthly SIP in this plan 2 years ago, its 10,000 monthly SIP would have increased 3.09 lakh today. Similarly, if an investor has started 10,000 Monthly SIP in IDBI Dividend Yield Fund – Direct Plan-Growth Plan, Its 10,000 monthly mutual fund SIP would have increased 5.13 lakh today.
IDBI Dividend Yield Fund – Direct Plan – Growth Plan has 98.53 per cent exposure in Indian equities, out of which 63.04 per cent is in large-cap stocks, 18.41 per cent in mid-cap stocks while 17.08 per cent is in small-cap stocks.