High Dividend Yield Mutual Funds in India

List of High Dividend yield Mutual funds in India which are sorted out based on the AUM – Asset Under management.

UTI Dividend Yield Fund is the largest Dividend yield Mutual fund in India with AUM Asset under management of ₹ 3,033 Cr followed by HDFC Dividend Yield Fund, Templeton India Equity Income Fund, ICICI Pru Dividend Yield Equity Fund and Aditya Birla SL Dividend Yield Fund.

List of High Dividend Yield Mutual Funds in India

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So here is the High Dividend Yield Mutual Funds in India based on the Asset under Management.

NoMutual FundAUMCAGR 3YExpense Ratio
1UTI Dividend Yield Fund₹ 3,033 Cr 16.9% 1.48%
2HDFC Dividend Yield Fund₹ 2,860 Cr 0.0% 0.36%
3Templeton India Equity Income Fund₹ 1,215 Cr 21.8% 1.66%
4ICICI Pru Dividend Yield Equity Fund₹ 867 Cr 18.3% 0.94%
5Aditya Birla SL Dividend Yield Fund₹ 848 Cr 16.5% 1.60%
6Tata Dividend Yield Fund₹ 601 Cr 0.0% 0.74%
7Sundaram Dividend Yield Fund₹ 258 Cr 16.6% 1.98%
8IDBI Dividend Yield Fund₹ 092 Cr 19.6% 1.55%
List of high dividend yield mutual funds in India

So finally these are the list of High Dividend Yield Mutual Funds in India based on the AUM Asset Under Management.

UTI Dividend Yield Fund

UTI Dividend Yield Fund is An open ended equity scheme predominantly investing in dividend yielding stocks. The objective of the scheme is to generate long term capital appreciation and income by investing predominantly in dividend yielding equity and equity related securities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Inception: 3rd May, 2005
  • AUM: ₹ 3,033 Cr
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The Fund is overweight on IT as the sector is well placed to capture the technology wave of digitization spend. New deal wins momentum continues as businesses gear up the digital strategies to stay competitive.

The Fund is overweight in Pharmaceuticals on steady growth in domestic formulations. The Fund owns a combination of leading players (chronic) in domestic market and those with opportunities to export. The Energy sector is reasonably
valued with high FCF yield and Dividend Yield despite the recent run up. The Fund’s exposure is spread over Gas, Upstream,
Downstream and Utilities companies.

In Financials, the Fund has preferred non lending, low capital-intensive businesses. The Fund is underweight on the
Consumer sector considering the relatively high multiples vs the historic levels.

HDFC Dividend Yield Fund

DFC Dividend Yield Fund provide capital appreciation and/or dividend distribution by predominantly investing in a well‐diversified portfolio of equity and equity related instruments of dividend yielding companies. There is no assurance that the investment objective of the Scheme will be realized.

An open ended equity scheme predominantly investing in dividend yielding stocks.

Templeton India Equity Income Fund

A fund that focuses on Indian and emerging market stocks that have a current or potentially attractive dividend yield, by using a value strategy. An open ended equity scheme predominantly investing in dividend yielding stocks.

To provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield, by using a value strategy.

ICICI Pru Dividend Yield Equity Fund

The investment objective of ICICI Prudential Dividend Yield Equity Fund is to provide medium to long term
capital gains and/or dividend distribution by predominantly investing in a well diversified portfolio of equity and
equity related instruments of dividend yielding companies. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

This scheme is suitable for investors who aim to invest in a portfolio which invests primarily in dividend yielding
stocks and achieve goals like.

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