NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹24.17
0.55%
NAV as on 19 Nov 24, 12:00 AM
very high risk
dividend yield
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
dividend yield
equity
27.44%p.a.
Last 1Y
19.17%p.a.
Last 3Y
0.00%p.a.
Last 5Y
26.77%p.a.
Since Inception
About HDFC Dividend Yield Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Dividend Yield Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Dividend Yield mutual fund scheme that predominantly invests in Dividend Yield stocks of companies. Launched on Dec 2020, HDFC Dividend Yield Fund Growth is Dividend Yield fund of its category with 6,124.17 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dividend Yield funds.
- HDFC Dividend Yield Fund Growth delivered 27.4% annual returns during the last year. It has delivered 26.8% average annual returns since the fund was launched.
- HDFC Dividend Yield Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To 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.
Top 10 Holdings
HDFC Bank Ltd
5.77%
ICICI Bank Ltd
4.22%
Axis Bank Ltd
2.99%
Infosys Ltd
2.87%
Tech Mahindra Ltd
2.63%
NTPC Ltd
2.53%
Larsen & Toubro Ltd
2.48%
Tata Consultancy Services Ltd
2.40%
Reliance Industries Ltd
2.18%
HCL Technologies Ltd
2.14%
Fund Managers
- Gopal Agrawal (Dec 2020 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC Dividend Yield Fund Growth SIP Calculator
If invested
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on HDFC Dividend Yield Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in HDFC Dividend Yield Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HDFC Dividend Yield Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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0.0%
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very high risk | equity
22.7%
UTI Dividend Yield Fund Plan Growth
very high risk | equity
16.6%
Frequently Asked Questions
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