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RETAIL RESEARCH

MUTUAL FUNDS

22 July 2016

Mutual fund schemes with high & consistent Dividend Payouts


Mutual Fund schemes which have consistent track record of paying dividends and pay relatively higher dividend as compared to
peers are listed below out of various categories such as Equity, Hybrid, Debt, Arbitrage and Equity Saving funds under various
dividend paying frequencies such as Annual, Half yearly, Quarterly, Monthly, Weekly and Daily.
Though procuring the accurate data for the frequencies of the dividend declared has been bit of challenge for many of schemes
(for example, frequencies got changed from quarterly to monthly and so on), we have strived to present the right list of schemes
for the individual investors who wish to get regular income from the mutual fund investments.
Please note that a fund's past dividend history does not necessarily predict future dividend payouts. Further, a scheme with
better dividend paying track record may not be a better performing scheme. Here, we have chosen the schemes based on not
only with high and consistent dividend record but also better performance as compared to peers over periods.
Schemes that have declared dividend consistently have only been considered (so as the investors to receive dividend income
without interruption to meet their periodical liabilities). Schemes with smaller corpus and NAV history of less than 5 years in case
of equity and hybrid categories and less than 3 years in case of debt funds have not been considered. But all Equity saving funds
and arbitrage funds have been considered.
The dividend data shown below are gross dividends i.e, they are the pre-tax dividend. Actually, the dividends that are declared
by mutual funds are tax-free in the hands of investors. In case of equity oriented schemes, the dividend declared are totally tax
free in the hands of the investor as there is no dividend distribution tax (DDT). But in case of non-equity oriented schemes, the
AMC deducts DDT of 28.84% of dividend and gives payout of net amount to the individual investors.
So, here, the dividend data which are shown under equity oriented categories, Hybrid equity, equity saving, arbitrage categories
are totally tax-free. But, the dividend data that is shown under all debt categories, hybrid debt and MIP are pre-tax dividend out
of which the DDT of 28.84% (for individual) is to be deducted.
Please note, paying dividend is not mandatory for mutual funds. MF schemes can declare dividends only from their realised
profits. They will not declare any dividend, if there is no realised profit.
The average yield shown below is the current yield and the total yield may be different depending on the NAV moves over the
entire 3/5 year period. This is relevant to investors who are looking for regular cash flow (tax efficient in case of equity) but are
willing to take risk on principal loss (if any) as the holding period may be extended to try and recover the loss of principal.

Equity Oriented Schemes:


Frequency: Annual Dividend

(Dividend data shown in this table are tax-free)

Scheme Name

Category

ISIN

Corpus
(Rs Cr.)

Birla SL Advantage Fund(D)


HDFC Top 200 Fund(D)
Franklin India Bluechip Fund(D)
SBI Magnum Equity Fund-Reg(DP)
HDFC Growth Fund(D)
Franklin India Prima Fund(D)
IDFC Premier Equity Fund-Reg(D)
SBI Emerging Businesses Fund-Reg(DP)
Birla SL Midcap Fund(D)
ICICI Pru Midcap Fund(DP)
Franklin India Smaller Cos Fund(D)
Franklin India Flexi Cap Fund(D)
HDFC Capital Builder Fund(D)
Reliance Reg Savings Fund-Equity Plan(D)

Large-cap
Large-cap
Large-cap
Large-cap
Large-cap
Mid-cap
Mid-cap
Mid-cap
Mid-cap
Mid-cap
Small-cap
Multi-cap
Multi-cap
Multi-cap

INF209K01157
INF179K01BC6
INF090I01155
INF200K01198
INF179K01814
INF090I01726
INF194K01409
INF200K01388
INF209K01355
INF109K01EH6
INF090I01544
INF090I01189
INF179K01400
INF204K01GC1

1,164
12,410
7,209
1,604
991
4,016
6,121
1,682
1,591
1,120
2,963
2,864
1,235
2,592

RETAIL RESEARCH

Total number of
dividends
declared during
period

Sum of Gross Dividend


(Rs) announced in last 5
years
5
5
5
4
5
6
5
4
4
4
4
5
5
5

50.20
20.50
19.00
18.50
15.00
30.00
15.40
9.70
9.25
8.56
8.00
8.25
13.25
11.75

Average Yield
per payout
(%)
11.97
9.73
11.04
15.95
11.36
12.55
11.64
14.08
9.56
11.11
12.24
12.31
12.06
11.99

Page |1

RETAIL RESEARCH
HDFC Equity Fund(D)
Mirae Asset India Opportunities Fund-Reg(D)
HDFC TaxSaver(D)
SBI Magnum TaxGain'93-Reg(D)
IDFC Tax Advt(ELSS) Fund-Reg(D)
Franklin India Taxshield(D)
ICICI Pru LT Equity Fund (Tax Saving)(DP)
DSPBR India T.I.G.E.R Fund-Reg(D)
Reliance Pharma Fund(D)
ICICI Pru FMCG Fund(D)
ICICI Pru Exports & Other Services Fund(D)
Franklin Infotech Fund(D)
DSPBR Technology.com Fund-Reg(D)
Reliance Banking Fund(D)
ICICI Pru Banking & Fin Serv Fund(DP)
SBI Contra Fund-Reg(DP)
Tata Dividend Yield Fund(DP)

Multi-cap
Multi-cap
ELSS
ELSS
ELSS
ELSS
ELSS
Infrastructure
Pharma & Health Care
FMCG
Service Industry
TECk
TECk
Banks & Financial Services
Banks & Financial Services
Contra
Dividend Yield

INF179K01582
INF769K01036
INF179K01AZ9
INF200K01479
INF194K01300
INF090I01783
INF109K01FN1
INF740K01136
INF204K01935
INF109K01EO2
INF109K01FL5
INF090I01759
INF740K01193
INF204K01893
INF109K01DY3
INF200K01347
INF277K01DD2

15,206
1,945
4,767
4,591
422
2,146
3,086
1,328
1,441
256
837
167
89
2,099
954
1,741
295

5
5
5
5
6
5
6
6
5
4
4
5
4
5
4
5
5

Frequency: Half Yearly Dividend


Scheme Name

Corpus (Rs
Cr.)

ISIN

Large-cap
Large-cap
Multi-cap
Dividend Yield
ELSS
MNC

INF209K01BO6
INF209K01454
INF090I01932
INF789F01448
INF677K01072
INF209K01314

Total number of
dividends declared
during period

11,847
1,951
898
2,647
1,553
3,382

Sum of Gross Dividend (Rs)


announced in last 5 years
8
7
10
9
7
8

DHFL Pramerica Large Cap Fund(D)


Birla SL Dividend Yield Plus(D)
Reliance Tax Saver (ELSS) Fund(D)

Category
Large-cap
Dividend Yield
ELSS

INF223J01218
INF209K01397
INF204K01GL2

169
1,033
4,980

10
13
16

Frequency: Monthly Dividend


Scheme Name
JPMorgan India Equity Fund-Reg(D)

Category
Large-cap

Total number of
dividends declared
during period

Corpus (Rs
Cr.)

ISIN
INF843K01054

418

5.96
7.36
5.33
3.70
6.81
5.28

(Dividend data shown in this table are tax-free)


Sum of Gross Dividend
Average Yield per
(Rs) announced in last 5
payout (%)
years
7.75
4.03
5.80
3.14
8.41
3.21

Total number of
dividends declared
during period

Corpus (Rs
Cr.)

ISIN

Average Yield per payout


(%)

11.15
7.60
7.00
4.75
9.30
46.25

Frequency: Quarterly Dividend


Scheme Name

10.39
10.33
12.10
11.18
9.47
8.91
8.83
8.59
8.27
8.44
8.92
8.22
9.02
8.76
7.71
13.20
5.77

(Dividend data shown in this table are tax-free)

Category

Birla SL Frontline Equity Fund(D)


Birla SL Top 100 Fund(D)
Templeton India Equity Income (DP)
UTI Dividend Yield Fund(D)
L&T Tax Advt Fund-Reg(DP)
Birla SL MNC Fund(D)

22.00
7.05
31.00
20.00
6.99
14.50
10.50
7.70
23.00
19.90
7.05
8.75
10.10
17.00
7.00
11.00
6.25

13

(Dividend data shown in this table are tax-free)


Sum of Gross Dividend
Average Yield per
(Rs) announced in last 5
payout (%)
years
2.85
1.35

Hybrid Category:
Please note, under Hybrid Category, the dividends declared by Hybrid Equity Oriented schemes are totally tax-free as they are treated as
equity oriented schemes as far the taxation is concerned. However, the dividends declared by Hybrid Debt Oriented schemes and MIP are
taxable as the DDT is charged @ 28.84% for individual investors.

Frequency: Yearly Dividend


Scheme Name

Franklin India Balanced Fund(D)


Reliance Reg Savings Fund-Balanced Plan(D)
Tata Balanced Fund(D)
Franklin India Pension Plan(D)
HDFC Multiple Yield Fund 2005(D)
SBI Magnum MIP(AD)

RETAIL RESEARCH

(Dividend data shown in this table (***) are taxable. 28.84% to be deducted in case of individual investors)

Category

Hybrid - Equity Oriented


Hybrid - Equity Oriented
Hybrid - Equity Oriented
Hybrid - Debt-Oriented***
Hybrid - Debt-Oriented***
MIP***

ISIN

INF090I01825
INF204K01FX9
INF277K01DB6
INF090I01528
INF179K01AN5
INF200K01909

Corpus
(Rs Cr.)
1029
2465
6067
362
171
414

Total number
of dividends
declared
during period
5
5
5
5
5
5

Sum of Gross
Dividend (Rs)
announced in
last 5 years
9.75
6.55
26.10
5.06
4.76
4.09

Average
Yield per
payout
(%)
10.76
9.14
8.38
6.97
8.70
6.48

Page |2

RETAIL RESEARCH
Frequency: Half Yearly Dividend
Scheme Name

(Dividend data shown in this table (***) are taxable. 28.84% to be deducted in case of individual investors)

Category

ICICI Pru MIP(HD)


ICICI Pru MIP 25(HD)
UTI CRTS 1981(D)

MIP***
MIP***
Hybrid - Debt Oriented***

Frequency: Quarterly Dividend


Scheme Name

INF109K01FG5
INF109K01IW6
1

329
1169

Category

11
10
10

Total number
of dividends
during period

Corpus
(Rs Cr.)

ISIN

Hybrid - Equity Oriented


Hybrid - Equity Oriented
MIP***
MIP***
MIP***
MIP***
MIP***
MIP***

Frequency: Monthly Dividend

INF277K01EF5
INF200K01115
INF251K01878
INF204K01FG4
INF740K01474
INF179K01AC8
INF209K01AY7
INF109K01IX4

80
5183
217
2522
396
3625
254
1169

4.91
3.68
56.25

Average
Yield per
payout
(%)
3.62
3.32
4.16

Sum of Gross
Dividend (Rs)
announced in
last 5 years

17
8
22
21
21
20
20
20

3.18
6.35
5.04
4.84
4.63
5.11
4.78
4.33

Average
Yield per
payout
(%)
1.47
2.90
2.22
1.94
1.80
1.86
1.99
1.96

(Dividend data shown in this table (***) are taxable. 28.84% to be deducted in case of individual investors)

Category

ISIN

Corpus (Rs
Cr.)

Total number
of dividends
during period

Tata Balanced Fund(MD)


Hybrid - Equ Ori
INF277K01CS2
6067
Hybrid - Equ Ori
ICICI Pru Balanced Advantage Fund(MD)
INF109K018W3
11838
Hybrid - Equ Ori
L&T India Prudence Fund-Reg(D)
INF677K01817
1972
Hybrid - Equ Ori
Canara Rob Balance Scheme-Reg(MD)
INF760K01068
514
Hybrid - Equ Ori
ICICI Pru Balanced Fund(MD)
INF109K01DX5
2831
Hybrid - Equ Ori
Kotak Balance(DP)
INF174K01450
269
Hybrid - Equ Ori
DSPBR Balanced Fund-Reg(D)
INF740K01326
1129
Hybrid - Equ Ori
HDFC Prudence Fund(D)
INF179K01AT2
8546
Hybrid - Equ Ori
Sundaram Balanced Fund(DP)
INF903J01728
106
DHFL Pramerica Income Advantage (MD)
Hybrid - Debt-Ori***
INF223J01CA6
30
ICICI Pru MIP 25(MD)
MIP***
INF109K01ER5
1169
Canara Rob MIP-Reg(MD)
MIP***
INF760K01308
302
L&T MIP-Reg(MP)
MIP***
INF917K01031
66
HDFC MIP-STP(MD)
MIP***
INF179K01AG9
281
HDFC MIP-LTP(MD)
MIP***
INF179K01AA2
3625
Reliance MIP(MD)
MIP***
INF204K01FE9
2522
* - assumed (not promised) to declare a monthly dividend of 1% of the invested amount for the next 2.5 years period.

RETAIL RESEARCH

Sum of Gross
Dividend (Rs)
announced in
last 5 years

(Dividend data shown in this table (***) are taxable. 28.84% to be deducted in case of individual investors)

Tata Regular Saving Equity Fund-Reg(QD)


SBI Magnum Balanced Fund-Reg(D)
BNP Paribas MIP Fund-Reg(QD)
Reliance MIP(QD)
DSPBR MIP Fund-Reg(QD)
HDFC MIP-LTP(QD)
Birla SL Monthly Income(QD)
ICICI Pru MIP 25(QD)

Scheme Name

Total number
of dividends
during period

Corpus
(Rs Cr.)

ISIN

60
38
24
11
14
7
6
6
9
56
60
61
58
60
60
61

Sum of Gross Dividend


(Rs) announced in last
5 years
21.32
2.68
2.44
6.6
1.92
0.5
1.88
3.6
0.45
3.50
5.66
6.03
4.43
4.38
5.13
4.25

Average Yield
per payout (%)
0.68
0.55
0.59
0.80
0.62
0.50
1.40
1.00*
0.37
0.60
0.75
0.70
0.69
0.64
0.64
0.62

Page |3

RETAIL RESEARCH
Debt Categories: (from last 3 years Dividend History)
All the dividends declared by Debt Oriented schemes are taxable as the DDT is charged @ 28.84% for individual investors.

Frequency: Yearly Dividend

Baroda Pioneer Gilt Fund(D)


Principal Govt Sec Fund(AD)
BNP Paribas Gov Securities Fund(AD)

Gilt LT
Gilt LT
Gilt LT

(Dividend data shown in this table are taxable. 28.84% to be deducted in case of individual investors)
Average Yield calculated
Sum of Gross
from the gross dividend (%)
Total number
Dividend (Rs)
((Div/NAV)*100)
ISIN
Corpus (Rs Cr.)
of dividends
announced in last 3
during period
Average yield per payout
years
(%)
INF955L01435
57
3
4.89
9.30
INF173K01AQ1
19
3
3.57
9.08
INF251K01JB8
44
3
2.29
7.58

Principal Dynamic Bond Fund(AD)


Kotak Income Opportunities (AD)
IDFC Dynamic Bond Fund-Reg(D)
ICICI Pru Long Term Plan(AD)**

Income Funds
Income Funds
Income Funds
Income Funds

INF173K01AX7
INF174K01EG2
INF194K01QO8
INF109K01GO7

107
1677
5093
851

3
3
3
2

2.97
2.59
2.56
3.46

8.84
8.49
8.45
16.04

DHFL Pramerica Short Maturity (AD)


IDFC Banking Debt Fund-Reg(AD)

ST Income
ST Income

INF223J01KD3
INF194K015M6

1719
1409

4
3

3.05
1.50

7.43
4.95

DSPBR Money Manager Fund-Reg(D)


Kotak Banking and PSU Debt (AD)
DHFL Pramerica Low Duration (AD)

Ultra ST
Ultra ST
Ultra ST

INF740K01MK5
INF174K01FS4
INF223J01IZ0

2126
360
824

3
3
4

283.66
3.93
3.49

9.34
8.49
8.15

ICICI Pru Liquid Plan(AD)

Liquid

INF109K01VD9

29962

15.96

7.98

Scheme Name

Category

Frequency: Half yearly Dividend

Birla SL G-Sec-LT(HD)
ICICI Pru Long Term Gilt Fund(DP)

Gilt LT
Gilt LT

(Dividend data shown in this table are taxable. 28.84% to be deducted in case of individual investors)
Average Yield calculated
Sum of Gross
from the gross dividend (%)
Total number
Dividend (Rs)
((Div/NAV)*100)
ISIN
Corpus (Rs Cr.)
of dividends
announced in
during period
Average yield per payout
last 3 years
(%)
INF209K01BE7
842
6
3.28
5.23
INF109K01JQ6
1544
6
3.38
4.60

ICICI Pru Short Term Gilt Fund(HD)


UTI G-Sec-STP(D)
DSPBR Treasury Bill Fund-Reg(D)

Gilt - ST
Gilt - ST
Gilt - ST

INF109K01JZ7
INF789F01588
INF740K01706

164
17
36

6
5
8

2.76
1.72
2.44

4.11
2.73
2.64

ICICI Pru Income(HP)


BNP Paribas Flexi Debt Fund(HD)
HDFC High Interest -Dynamic(HD)
Birla SL Medium Term Fund(HD)
ICICI Pru Corporate Bond Fund(HD)

Income Funds
Income Funds
Income Funds
Income Funds
Income Funds

INF109K01EX3
INF251K01ED5
INF179K01855
INF209K01595
INF109K01B53

3054
394
1885
5977
3860

6
5
6
6
5

2.99
2.26
2.64
2.52
2.15

4.62
4.50
3.97
3.93
4.14

IDFC All Seasons Bond Fund-Reg(HD)

FoF

INF194K01SI6

90

2.67

3.88

DSPBR Short Term Fund-Reg(D)

ST Income

INF740K01649

1343

2.36

2.98

ICICI Pru Liquid Plan(HD)

Liquid

INF109K01UX9

29962

23.30

3.75

Scheme Name

Category

Frequency: Quarterly Dividend


Scheme Name
Birla SL Gilt Plus-PF(QD)
L&T Gilt Fund-Reg(QD)**
IDFC G Sec-STP-Reg(QD)
Reliance Income(QD)
ICICI Pru Income(QD)
Birla SL Dynamic Bond Fund-Ret(QD)

RETAIL RESEARCH

Category
Gilt LT
Gilt LT
Gilt ST
Income Funds
Income Funds
Income Funds

(Dividend data shown in this table are taxable. 28.84% to be deducted in case of individual investors)
Average Yield calculated
Sum of Gross
Total number
from the gross dividend (%)
Dividend (Rs)
ISIN
Corpus (Rs Cr.)
of dividends
((Div/NAV)*100)
announced in
during period
last 3 years
Average yield per payout (%)
INF209K01AF6
56
12
3.79
3.05
INF917K01BN6
108
12
3.25
2.17
INF194K01FF9
51
11
2.78
2.42
INF204K01CP2
1927
11
4.33
3.02
INF109K01EZ8
3054
11
3.58
2.74
INF209K01819
12331
11
3.66
3.07

Page |4

RETAIL RESEARCH
HDFC Medium Term Opportunities(QD)**

INF179K01DD0

4699

12

2.54

2.10

Birla SL ST Opportunities Fund(QD)


Birla SL Treasury Optimizer Plan(QD)**
Reliance STF(QD)

Income Funds
ST Income
ST Income
ST Income

INF209K01BU3
INF209K01LN7
INF204K01FO8

3696
5604
10690

12
10
12

2.91
21.94
3.50

2.34
2.13
2.10

Franklin India Low Duration Fund(QD)


DHFL Pramerica Low Duration Fund(QD)
Baroda Pioneer Treasury Adv Fund(QD)

Ultra ST
Ultra ST
Ultra ST

INF090I01BS5
INF223J01IV9
INF955L01BM6

1782
824
1613

12
12
13

2.82
2.59
265.38

2.28
2.13
2.03

ICICI Pru Liquid Plan(QD)


Reliance Liquid-Treasury Plan(QD)
Reliance Liquidity(QD)

Liquid
Liquid
Liquid

INF109K01UU5
INF204K01UQ2
INF204K01VD8

29962
25999
5232

12
13
13

25.60
276.70
276.33

2.13
2.12
2.12

Frequency: Monthly Dividend


Scheme Name
Kotak Income Opportunities Fund(MD)
Invesco India Credit Opportunities(MD)
Kotak Bond-STP(MP)

Category

Baroda Pioneer Treasury Adv Fund(MD)


Franklin India Low Duration Fund(MD)
Reliance Money Manager Fund(MD)
IDFC Ultra Short Term Fund-Reg(MD)
HDFC FRIF-Short Term Plan(MD)

Income Funds
Income Funds
Income Funds
Ultra ST
Ultra ST
Ultra ST
Ultra ST
Ultra ST

Birla SL Short Term Fund(MD)


Franklin India ST Income Plan(MD)
Birla SL Treasury Optimizer Plan(MD)**
Sundaram Select Debt-STAP(MD)**
Reliance Liquid-Treasury Plan(MD)
ICICI Pru Liquid Plan(MD)
HDFC Liquid Fund(MD)**
Invesco India Liquid Fund(MD)

INF955L01344
INF090I01BQ9
INF204K01EZ7
INF194K01FZ7
INF179K01715

1613
1782
13777
4035
11658

36
37
37
36
36

263.39
2.76
265.11
2.57
2.58

0.73
0.71
0.71
0.71
0.71

ST Income
ST Income
ST Income
ST Income

INF209K01983
INF090I01338
INF209K01LU2
INF903J01FJ7

10581
8037
5604
872

36
36
28
35

3.04
287.74
18.92
2.59

0.72
0.67
0.65
0.62

Liquid
Liquid
Liquid
Liquid

INF204K01UO7
INF109K01UR1
INF179KB1HM6
INF205K01759

25999
29962
33193
5850

37
36
36
36

414.85
25.43
68.99
254.34

0.71
0.71
0.71
0.70

Frequency: Weekly Dividend


Scheme Name
Peerless Liquid Fund-Reg(WD)
Taurus Liquid Fund(WD)
JM High Liquidity Fund(WD)**
HDFC Liquid Fund(WD)**
Birla SL Savings Fund(WD)
DHFL Pramerica Ultra ST(WD)
ICICI Pru Flexible Income Pl(WD)

(Dividend data shown in this table are taxable. 28.84% to be deducted in case of individual investors)
Average Yield calculated
Sum of Gross
Total number
from the gross dividend (%)
Dividend (Rs)
ISIN
Corpus (Rs Cr.)
of dividends
((Div/NAV)*100)
announced in last
during period
3 years
Average yield per payout (%)
INF174K01EC1
1677
35
2.59
0.73
INF205K01SE9
2338
36
260.50
0.71
INF174K01EU3
2991
35
2.36
0.67

Category
Liquid
Liquid
Liquid
Liquid
Ultra ST
Ultra ST
Ultra ST

Frequency: Daily Dividend

(Dividend data shown in this table are taxable. 28.84% to be deducted in case of individual investors)
Average Yield calculated from
Sum of Gross
Total number
the gross dividend (%)
Dividend (Rs)
ISIN
Corpus (Rs Cr.)
of dividends
((Div/NAV)*100)
announced in last
during period
3 years
Average yield per payout (%)
INF959L01346
512
160
143.67
0.18
INF044D01542
2022
159
261.24
0.16
INF192K01841
4269
159
2.85
0.16
INF179KB1ID3
33193
160
67.50
0.16
INF209K01926
INF223J01FO0
INF109K01JO1

14400
1522
16117

156
157
158

27.22
2.68
27.63

0.17
0.17
0.17

JM High Liquidity Fund(DD)**


BOI AXA Liquid Fund-Reg(DD)
Taurus Liquid Fund(DD)
HDFC Liquid Fund(DD)**

Liquid Funds
Liquid Funds
Liquid Funds
Liquid Funds

(Dividend data shown in this table are taxable. 28.84% to be deducted in case of individual investors)
Average Yield calculated
Sum of Gross
Total number
from the gross dividend (%)
Dividend (Rs)
ISIN
Corpus (Rs Cr.)
of dividends
((Div/NAV)*100)
announced in
during period
last 3 years
Average yield per payout (%)
INF192K01833
4269
1111
2.70
0.02
INF761K01CO4
1446
1043
254.96
0.02
INF044D01518
2022
959
260.36
0.03
INF179K01KH6
33193
913
66.86
0.03

Tata Floater(DD)
Tata Treasury Manager Fund A(DD)
UTI Treasury Advantage Inst (DD)
Reliance Money Manager (DD)

Ultra ST
Ultra ST
Ultra ST
Ultra ST

INF277K01LZ8
INF277K01AA4
INF789F01ON2
INF204K01EX2

Scheme Name

RETAIL RESEARCH

Category

3521
373
11171
13777

1077
1023
713
708

254.33
245.18
259.41
248.80

0.02
0.02
0.04
0.04

Page |5

RETAIL RESEARCH
Category: Arbitrage Funds

(Dividend data shown in this table are tax-free)


Corpus (Rs
Crs)

Sum of Gross Dividend


(Rs) announced in last
3 years

Total number of
dividends during period

Average Yield per


payout (%)

Dividend
Frequency

Scheme Name

ISIN

DHFL Pramerica Arbitrage Fund-Reg(AD)


IDFC Arbitrage Plus Fund-Reg(AD)

INF223J012M1
INF194KA1XX2

745
409

1.00
0.69

1
1

9.62
6.88

Annual
Annual

Edelweiss Arbitrage Fund-Reg(D)


Indiabulls Arbitrage Fund-Reg(D)
Kotak Equity Arbitrage Scheme(DP)
IDFC Arbitrage Fund-Reg(D)
ICICI Pru Equity-Arbitrage Fund(D)

INF754K01EG1
INF666M01BB0
INF174K01328
INF194K01656
INF109K01EF0

1122
388
3633
2457
3973

0.96
0.80
2.47
2.70
2.94

13
12
36
36
36

0.72
0.65
0.64
0.60
0.60

Monthly
Monthly
Monthly
Monthly
Monthly

DHFL Pramerica Arbitrage Fund-Reg(QD)


Reliance Arbitrage Advantage Fund(D)
L&T Arbitrage Opp Fund-Reg(QD)

INF223J010M5
INF204K01IZ8
INF917K01QP9

745
2400
238

0.95
0.85
1.25

7
5
7

1.31
1.44
1.74

Quarterly
Quarterly
Quarterly

Category: Equity Savings Funds


Scheme Name

ISIN

Corpus (Rs
Cr.)

Total number of
dividends declared
during period

DHFL Pramerica Equity Income Fund(QD)


L&T Equity Savings Fund-Reg(QD)
Kotak Equity Savings Fund(QD)

INF223J01FE1
INF917K01981
INF174K01C94

40
60
814

6
7
6

DHFL Pramerica Equity Income (MD)


L&T Equity Savings Fund-Reg(MD)
Kotak Equity Savings Fund(MD)

INF223J01FC5
INF917K01965
INF174K01C86

40
60
814

19
19
18

(Dividend data shown in this table are tax-free)


Sum of Gross Dividend
Dividend
Average Yield per
(Rs) announced in last 5
Frequency
payout (%)
years
1.04
1.75 Quarterly
1.04
1.58 Quarterly
0.81
1.31 Quarterly
1.01
0.74
0.80

0.59
0.52
0.43

Monthly
Monthly
Monthly

Note:
** - are our reckoner schemes.
For the respective above mentioned all Quarterly and monthly dividends, data considered from either 5/3 years data or from the date the frequency was changed to Quarterly or
monthly.

Analyst: Dhuraivel Gunasekaran (Dhuraivel.gunasekaran@hdfcsec.com)

Source: ACEMF and NAVIndia

RETAIL RESEARCH Tel: (022) 3075 3400 Fax: (022) 2496 5066 Corporate Office.
HDFC securities Limited, I Think Techno Campus, Building - B, "Alpha", Office Floor 8, Near Kanjurmarg Station, Opp. Crompton Greaves, Kanjurmarg (East), Mumbai 400 042 Phone: (022) 3075 3400 Fax: (022)
2496 5066 Website: www.hdfcsec.com Email: hdfcsecretailresearch@hdfcsec.com. HDFC Securities Ltd. is a SEBI Registered Research Analyst having registration no. INH000002475."
Disclaimer: Mutual Funds investments are subject to risk. Past performance is no guarantee for future performance. This document has been prepared by HDFC Securities Limited and is meant for sole use by the
recipient and not for circulation. This document is not to be reported or copied or made available to others. It should not be considered to be taken as an offer to sell or a solicitation to buy any security. The information
contained herein is from sources believed reliable. We do not represent that it is accurate or complete and it should not be relied upon as such. We may have from time to time positions or options on, and buy and sell
securities referred to herein. We may from time to time solicit from, or perform investment banking, or other services for, any company mentioned in this document. This report is intended for non-Institutional Clients.
This report has been prepared by the Retail Research team of HDFC Securities Ltd. The views, opinions, estimates, ratings, target price, entry prices and/or other parameters mentioned in this document may or may
not match or may be contrary with those of the other Research teams (Institutional, PCG) of HDFC Securities Ltd.

RETAIL RESEARCH

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