NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

HDFC Dividend Yield Fund Growth for NRI [25.05]

Min Investment

100

Fund Size

6,382.84 Cr

Expense Ratio

1.8%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

25.05

-0.01%

NAV as on 02 Nov 24, 12:00 AM

very high risk

dividend yield

equity

NAV as on 02 Nov 24, 12:00 AM

very high risk

dividend yield

equity

39.15%p.a.

Last 1Y

21.23%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 6,382.84 Cr fund under management as on Oct 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 39.1% 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

5.52%

ICICI Bank Ltd

3.99%

Axis Bank Ltd

3.05%

Infosys Ltd

2.94%

Tech Mahindra Ltd

2.71%

NTPC Ltd

2.64%

Tata Consultancy Services Ltd

2.48%

Larsen & Toubro Ltd

2.42%

Reliance Industries Ltd

2.31%

Maruti Suzuki India Ltd

2.20%

Fund Managers

  1. Gopal Agrawal (Dec 2020 - Present)
  2. Dhruv Muchhal (Jun 2023 - Present)

Key Information

View Scheme Document

HDFC Dividend Yield Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions