Mutual Fund SIP Investment Tips: If you are starting investment then mutual fund is the best. Mutual funds also have different investment options. One of these is the Dividend Yield Fund. Mutual Fund Dividend Yield Plans are good for investors who have good knowledge of the economy and markets.
Mutual Fund Dividend Yield Plans are also good for investors who are ready to take risk for higher returns in a short period of time. There are many such dividend yield plans in the market which have given excellent returns in the recent past.
IDBI Dividend Yield
IDBI Dividend Yield Fund Direct Plan Growth Plan is one such mutual fund dividend yield plan which has given huge returns to its investors (both lumpsum depositors and SIP investors) in the last 3 years. IDBI Dividend Yield Fund has given good returns for both Lumpsum and SIP investors.
IDBI Dividend Yield Fund – Direct Plan has given 12.90 per cent return to its SIP investors in the last one year while the absolute return given in this period is around 6.85 per cent. Similarly, in the last two years, the scheme has given 26.35 per cent annual return, while the total return during this period is around 28.70 per cent. In the last 3 years, the scheme has given annual returns of more than 25 per cent to its SIP investors while the absolute return is around 43.90 per cent.
Mutual fund SIP calculator
If an investor had started a SIP of Rs 10,000 in this mutual fund plan a year ago, his monthly SIP of Rs 10,000 would have increased to Rs 1.27 lakh today. If an investor had started SIP of Rs 10,000 in this scheme 2 years ago, his corpus would have increased to Rs 3.09 lakh. Similarly, if an investor had started 10,000 monthly SIP in IDBI Dividend Yield Fund – Direct Plan-Growth Plan, his 10,000 monthly mutual fund SIP would have increased to 5.13 lakhs today.
IDBI Dividend Yield Fund – Direct Plan-Growth Plan has 98.53 per cent exposure to Indian equities, out of which 63.04 per cent is in large-cap stocks, 18.41 per cent in mid-cap stocks and 17.08 per cent in mid-cap stocks. In small-cap.