Top 6 dividend yield SIP mutual funds in 5 years: No. 1 has turned Rs 15,000 monthly SIP into Rs 21.66 lakh; know how others have performed

Top 6 Dividend Yield SIP Mutual Funds in 5 Years: When you invest money in mutual funds through SIP or lump sum, your aim is to make profits to meet your short-term and long-term goals. But sometimes, when you have a large amount and want to get regular income through that, you can get that from dividend yield mutual funds. 

Dividend yield mutual funds invest most of their money in companies with a history of paying higher dividend yields.

Since high dividend yield paying companies are mostly fundamentally strong large cap firms, the investment in dividend yield mutual fund also provides lower risk compared to funds invested in mid or small cap companies.

These dividends provide a regular income for investors.

In last 5 years, many of the dividend yield funds have not only provided high dividends, but they have also given good returns. In this write-up, we take you through 6 such funds.

ICICI Prudential Dividend Yield Equity Fund - Direct Plan

The fund has given 36.02 per cent annualised SIP returns in 5 years.

It has assets under management (AUM) of Rs 4,642 crore, while its net asset value (NAV) is Rs 57.3600.

Benchmarked against NIFTY 500 TRI, the fund has given 18.53 per cent annualised return since its inception in May 2014.

The fund has 94.55 per cent of its investments in equity. In a portfolio of 59 stocks, the fund has ICICI Bank, NTPC, Sun Pharma, HDFC Bank, and Maruti Suzuki as the main holdings.

A Rs 15,000 monthly investment in the fund has turned into Rs 21,65,352 in 5 years.

Templeton India Equity Income Fund - Direct Plan

The fund has given 33.08 per cent annualised SIP return in the 5-year time frame.

It has an asset base of Rs 2,510 crore, while its NAV is Rs 161.1770.

Benchmarked against NIFTY 500 TRI, the fund has given 18.03 per cent annualised returns since its inception in January 2013.

The fund has given 88.73 per cent of its investments in equity, 5.72 per cent in real estate, and 5.55 per cent in cash and cash equivalents.

In its 43-stock portfolio, the fund has NTPC, NHPC, Infosys, ONGC, and HCL Tech as the main holdings. 

A Rs 15,000 monthly SIP started 5 years ago in the fund has swelled into Rs 20,21,970. 

Aditya Birla Sun Life Dividend Yield Fund - Direct Plan

The fund has given 32.56 per cent annualised SIP returns in the 5-year time frame.

The fund has an asset base of Rs 1,562 crore, while its NAV is Rs 524.8500.

Benchmarked against NIFTY 500 TRI, the fund has given 15.71 per cent annualised return since its launch in January 2013.

The fund has 96.46 per cent of its investments in equity. In a portfolio of 69 stocks, the fund has Infosys, Coal India, NTPC, CMS Info Systems, ITC, and TCS as the main holdings.  

A Rs 15,000 monthly SIP in the fund has turned into Rs 19,97,651 in 5 years.

LIC MF Dividend Yield Fund - Direct Plan

The fund has given 31.66 per cent annualised SIP return in the 5-year period.

It has an asset base of Rs 330 crore, while its NAV is Rs 33.7077.

Benchmarked against NIFTY 500 TRI, the fund has given 24.86 per cent annualised return since its inception in December 2018.

The fund has 96.64 per cent of its investments in equity.

In its 72-stock portfolio, the fund has TCS, Kotak Bank, ICICI Bank, NTPC, RIL, and Maruti Suzuki as the main holdings. 

A Rs 15,000 monthly SIP in the fund has grown to Rs 19,55,524 in the 5-year time frame. 

UTI Dividend Yield Fund - Direct Plan

The fund has given 29.82 per cent annualised SIP return in the 5-year period.

It has AUM of Rs 4,371 crore, while its NAV is Rs 197.3851.

The fund has 94.52 per cent of its investments in equity and 5.25 per cent in cash and cash equivalent.

Benchmarked against NIFTY 500 TRI, the fund has given 16.00 per cent annualised returns since its launch in January 2013. 

In its 51-stock portfolio, the fund has HDFC Bank, Infosys, Tech Mahindra, ITC, TCS, and BEL as the main holdings.

A Rs 15,000 monthly SIP in the fund has converted into Rs 18,72,636 in 5 years. 

Sundaram Dividend Yield Fund - Direct Plan

The fund has given 27.61 per cent annualised SIP returns in the 5-year time frame.

It has an asset base of Rs 977 crore, while its NAV is 153.9719.

Benchmarked against NIFTY 500 TRI, the fund has given 16.32 per cent annualised return since its inception in January 2103.

The fund has 94.72 per cent of its investments in equity and 5.28 per cent in cash and cash equivalents.

In its 65-stock portfolio, the fund has NTPC, HDFC Bank, Infosys, ICICI Bank, TCS, RIL, and SBI as the main holdings. 

A Rs 15,000 monthly SIP in the fund has turned into Rs 17,76,937 in 5 years.