Dividend Mutual Fund List: A dividend mutual fund is one of the MF categories where the focus is mainly on investing in regular, dividend-paying stocks. These companies are usually well-established, financially
stable, and generate consistent profits.
While investing in a dividend mutual fund, investors hope to get steady returns through dividends, along with long-term capital growth.
Predominantly invest in dividend-yielding stocks, with at least 65% in stocks in the folio as per Sebi guideline.
|
Rank
|
Fund Name
|
3-Year CAGR (%)
|
AUM (₹ Cr)
|
Expense Ratio (%)
|
|---|---|---|---|---|
|
1
|
ICICI Prudential Dividend Yield Equity Fund
|
22.82
|
4,765.86
|
0.57
|
|
2
|
Aditya Birla Sun Life Dividend Yield Fund
|
20.88
|
1,511.41
|
1.42
|
|
3
|
LIC MF Dividend Yield Fund
|
19.03
|
493.57
|
0.69
|
|
4
|
Templeton India Equity Income Fund
|
18.49
|
2,367.36
|
1.23
|
|
5
|
UTI Dividend Yield Fund
|
17.85
|
4,082.10
|
1.37
|
The ICICI Prudential Dividend Yield Equity Fund is ranked first among dividend yield funds. It has delivered a 3-year CAGR of 22.82%, manages assets worth about Rs 4,765.86 crore, and charges an expense ratio of 0.57%.
In the second spot is the Aditya Birla Sun Life Dividend Yield Fund, which has given a 3-year CAGR of 20.88%. Its assets under management (AUM) stand at Rs 1,511.41 crore, and it comes with an expense ratio of 1.42%.
The LIC MF Dividend Yield Fund holds the third rank. Over the last three years, it has delivered a CAGR of 19.03%, with an AUM of Rs 493.57 crore and an expense ratio of 0.69%.
At number four is the Templeton India Equity Income Fund, which has generated a 3-year CAGR of 18.49%. The fund manages about Rs 2,367.36 crore in assets and has an expense ratio of 1.23%.
