Birla Dividend Yield Plus |
Issue details
c |
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January 22,
2003 |
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Rs.10/- |
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February 7,
2003 |
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Rs.5,000/-
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March 7, 2003 |
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Open-ended
equity fund |
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|
|
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Nil |
|
2% if redeemed
within 1 year |
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Nature of
the Scheme:The primary objective of the scheme is to provide capital growth and income
by investing in a well diversified portfolio of dividend producing companies that have a
relatively high dividend yield. |
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Highlights |
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- The scheme offers systematic investment plan wherein the
unitholder can invest a fixed amount every month for the additional purchase of units.
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- The scheme offers the unit holders an option to switch all
or part of their investment in the scheme to any other scheme of Birla Sunlife AMC.
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- The scheme offers SWP wherein the unitholders can withdraw
a specified sum of money every month.
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- The entire initial issue expenses of the respective Plans
will be borne by the AMC.
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Investment Strategy |
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| The schemes under the normal
circumstances, would primarily invest in equity stocks that have a relatively high
dividend yield (i.e. dividend paid in the previous year divided by the current market
price). |
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Performance of other funds in the fund house |
|
| Name |
1 months |
3 months |
1 year |
3 years |
Inception |
| Birla Gilt Plus - PF Plan |
1.19% |
9.43% |
18.74% |
17.89% |
17.84% |
| Birla Income Plus |
1.00% |
5.34% |
15.99% |
14.48% |
14.08% |
| Birla Cash Plus |
0.15% |
1.56% |
7.02% |
8.23% |
8.87% |
|
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Risk Perception |
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| Using a ‘defensive
investment strategy’, the scheme targets to achieve returns higher than what would
otherwise be available in interest bearing securities (Bonds, FDs, CDs, Debentures etc.),
but without taking undue exposure to the vagaries of stock markets. However, investors
with a good appetite for risk can consider investing in the fund. |
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