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