Top 5 Dividend Yield Mutual Funds With Best SIP Returns: No. 1 fund has turned Rs 20,000 monthly SIP into Rs 28,90,516 in 5 years

Top 5 Dividend Yield SIP Mutual Funds: Many investors are keen on purchasing dividend yield stocks. They think that even if the price of the stock doesn't increase in the future, investing in a company that regularly pays dividend to investors will ensure some income to them. Now, implement this strategy in terms of a mutual fund scheme, where the fund manager invests in a number of stocks. In a dividend yield mutual fund, the fund manager invests in companies with regular history paying dividends. The mutual fund pays this dividend to investors in the form of regular income.

Most dividend yield funds invest a large proportion of their funds in PSUs, blue chip, utilities, and realty firms, the large-sized company that pay dividends to their investors.

In this write-up, we will take you through dividend yield mutual funds with highest annualised SIP returns (XIRR) in the five-year period. Also, get to know what Rs 20,000 monthly SIP in each fund has given-

ICICI Prudential Dividend Yield Equity Fund - Direct Plan - Growth

The fund has given 36.09 per cent annualised SIP returns in five years.

The fund has an asset base of Rs 4,256.91 crore, while its expense ratio is 0.54 per cent.

Benchmarked against Nifty 500 TRI, the fund has given 18.54 per cent CAGR since its inception in May 2014.

The fund has 92.14 per cent of its investment in domestic equities, of which 65.75 per cent is in large-cap stocks.

In its 58-stock portfolio, the fund has ICICI Bank, NTPC, and Sun Pharma as its main holdings.

A Rs 20,000 monthly SIP in the fund has swelled to Rs 28,90,516 in the five-year time frame.

Templeton India Equity Income Fund - Direct - Growth

The fund has given 32.74 per cent annualised SIP returns in five years.

It has assets under management of Rs 2,325.52 crore, while its NAV price is Rs 157.2533.

Benchmarked against Nifty 500 TRI, the fund has given 17.94 per cent CAGR since its inception in January 2013.

The fund has 73.16 per cent of its investment in domestic equities of which 47.50 per cent is in large-cap stocks.

In its portfolio of 44 stocks, the fund has NTPC, NHPC, Infosys Ltd, ONGC, and PowerGrid as the main holdings.   

A Rs 20,000 SIP in the fund started five years ago has grown to Rs 26,73,514.

Aditya Birla Sun Life Dividend Yield Fund - Direct Plan - Growth

The fund has had a 31.68 per cent XIRR in five years. Its AUM is Rs 1,446.88 crore, while the NAV price is Rs 506.4.

Benchmarked against Nifty 500 TRI, the fund has given 15.52 per cent CAGR since its inception in January 2013.

The fund has 1.42 per cent expense ratio. The fund has 92.96 per cent of its investment in domestic equities, of which 40.84 per cent is in large-cap stocks.

In its 69-stock portfolio, the fund has Infosys, Coal India, NTPC, and Hero MotoCorp as its main holdings.  

A Rs 20,000 monthly investment in the fund has given a total of Rs 26,07,613 in five years.

LIC MF Dividend Yield Fund - Direct Plan - Growth

The fund has given 30.94 per cent annualised SIP return in the five-year period.

The fund has AUM of Rs 241.77 crore, while its NAV is worth Rs 32.6012.

Benchmarked against Nifty 500 TRI, the fund has an expense ratio of 1.45 per cent.

It has had a 23.60 per cent CAGR since its inception in December 2018.

The fund has 95.25 per cent of its investment in domestic equities, of which 42.4 per cent is in large-cap stocks.

In its 59-stock portfolio, the fund has its main holdings in TCS, ICICI Bank, Reliance Industries Limited, Kotak Mahindra Bank, and NTPC. 

A Rs 20,000 monthly SIP in the fund has grown to Rs 25,62,600 in five years.

UTI Dividend Yield Fund - Direct Plan - Growth

The fund has had 28.87 per cent annualised SIP return in five years.

The fund has an asset base of Rs 4,071.32 crore, while its NAV rate is Rs 189.9928.

Benchmarked against Nifty 500 TRI, the fund has an expense ratio of 1.39 per cent.

It has 94.88 per cent of its investment in domestic equities, of which 51.9 per cent is in large-cap stocks.

In a portfolio of 51 stocks, the fund has HDFC Bank, Infosys, Tech Mahindra, BEL, and M&M as its mains tocks.

A Rs 20,000 monthly SIP in the fund has turned into Rs 24,40,391 in five years.