Principal Dividend Yield Fund

Principal Dividend Yield Fund

NAV

(as on 25-10-2021)

90.04

3 YRS CAGR

(as on 25-10-2021)

21.6%

CAGR since inception

(since 01-01-2013)

14.9%

AUM

(as on 2021-09-30)

238.64 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-10-2021
* Benchmark : Nifty Dividend Opportunities 50 - TRI
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

This Fund
Benchmark
Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 25-10-2021
* Benchmark : Nifty Dividend Opportunities 50 - TRI
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 25-10-2021
* Benchmark : Nifty Dividend Opportunities 50 - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-09-30
As on 2021-09-30
% of NAV
Sector
19.39%
Software
12.02%
Banks
11.89%
Chemicals
11.80%
Consumer Non Durables
8.13%
Petroleum Products
5.21%
Cement & Cement Products
4.87%
Ferrous Metals
4.81%
Gas
4.79%
Auto
2.72%
Consumer Durables
2.63%
Telecom - Services
2.56%
Auto Ancillaries
2.24%
Insurance
1.80%
Industrial Products
1.46%
Non - Ferrous Metals
1.13%
Construction Project
0.57%
Power
As on 2021-09-30
% to NET Assets
Name
7.59%
Infosys Ltd.
7.25%
Tata Consultancy Services Ltd.
6.10%
Reliance Industries Ltd.
5.21%
Ultratech Cement Ltd.
4.97%
ICICI Bank Ltd.
4.87%
Tata Steel Ltd.
4.81%
Gujarat Gas Ltd.
4.48%
Hindustan Unilever Ltd.
4.34%
Navin Fluorine International Ltd.
4.02%
ITC Ltd.
3.60%
HDFC Bank Ltd.
3.26%
SRF Ltd.
2.81%
Aarti Industries Ltd.
2.73%
Tech Mahindra Ltd.
2.59%
Bharti Airtel Ltd.
2.49%
TREPS 01-Oct-2021
2.24%
Bajaj Finserv Ltd.
2.19%
State Bank of India
1.82%
Ashok Leyland Ltd.
1.82%
HCL Technologies Ltd.
1.80%
AIA Engineering Ltd.
1.74%
Bajaj Auto Ltd.
1.73%
Hindustan Petroleum Corporation Ltd.
1.54%
VST Industries Ltd.
1.48%
Rossari Biotech Ltd.
1.46%
Hindustan Zinc Ltd.
1.32%
Sheela Foam Ltd.
1.26%
Kotak Mahindra Bank Ltd.
1.23%
Maruti Suzuki India Ltd.
1.16%
CEAT Ltd.
1.13%
Larsen & Toubro Ltd.
1.06%
Bannari Amman Sugars Ltd.
0.79%
Orient Electric Ltd.
0.78%
Exide Industries Ltd.
0.70%
Britannia Industries Ltd.
0.62%
Balkrishna Industries Ltd.
0.61%
Blue Star Ltd.
0.57%
NTPC Ltd.
0.30%
Reliance Industries Ltd. - Partly paid Right
0.04%
Bharti Airtel Ltd. - Awaiting Listing on Stock Exchanges & Rights Entitlement
0.02%
91 DAY T-BILL 14-Oct-2021
0.01%
5.50% Britannia Industries Ltd. 03-Jun-2024

Benchmark

Nifty Dividend Opportunities 50 - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

8 Yrs 298 Days

Performance

Suitable for

1. Long term capital growth
2. Investment in equity and equity-related securities including equity derivatives of high dividend yield companies.

Investment Objective

To provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield

WHY INVEST IN Principal Dividend Yield Fund?

• The fund predominantly invest in companies with relatively regular and high dividend yield with aim to provide investors long term wealth creation opportunity.
• The fund is managed with the flexibility of investing in stocks across market capitalization.
• The fund has almost 14 years track record across multiple market cycles.

minimum investment

New Investor: Rs 5000
Existing Investor: Rs 1000

options

Both the Plans offer growth and half-yearly dividend option.

OTHER DETAILS

Exit Load:

• If redeemed/switched on or before 365 days from the date of allotment :
- Nil for redemption/switch out of units upto 24% of the units allotted(the limit).
- 1% on redemption in excess of 24% of the limit stated above.
Redemption of units would be done on First in First out Basis (FIFO)
• Nil thereafter

SIP/STP/RWP -Available

Minimum No. & Amt. of
SIP - Rs 500*
STP - Rs 1000
RWP - Rs 500
*12 installments each

Cut Off Time

  • In respect of valid applications received upto the Cut off time i.e. 3.00 p.m. on a Business Day and where the funds for the entire amount are available for utilization before the cut-off time - the closing NAV of the day shall be applicable.
  • In respect of valid applications received after 3.00 p.m. on a Business Day and where the funds are available for utilization either on the same day or before the cut-off time of the next Business Day - the closing NAV of the next Business Day shall be applicable.
  • Irrespective of the time of receipt of application, where the funds available for utilization before the cut-off time on any subsequent Business Day - the closing NAV of such subsequent Business Day when the funds are available for utilisation shall be applicable.
  • In respect of valid applications, the time of receipt of applications or the funds for the entire amount are available for utilisation, which ever is later, will be used to determine the applicability of NAV.
In case of other facilities like Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), etc, the NAV of the day on which the funds are available for utilisation by the Target Scheme shall be used irrespective of the installment date.

fund managers

Ravi Gopalakrishnan Principal Hybrid Equity Fund Manager

Ravi Gopalakrishnan

Mr. Ravi Gopalakrishnan has over 25 years of experience in research an...
funds managed