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Analysts question how does Zomato fit into ICICI Dividend Yield Fund framework
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Look at dividend yield mutual fund schemes in volatile times
Synopsis
Experts believe dividend yield companies are trading at attractive valuations and could run up faster
Investors looking for equity schemes with lower volatility and a more tax-efficient way to receive payouts by companies could consider dividend yield schemes. This category of funds invests in companies which pay higher dividends that have been in demand among investors of late with interest rates near record lows. Dividend yield schemes must not be confused with the dividend option available for fund categories.
Aditya Birla Sun Life, UTI and
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Tata Mutual Fund launches Tata Dividend Yield Fund
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Last Updated: May 04, 2021, 08:20 AM IST
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Synopsis
Tata Mutual Fund has announced the launch of Tata Dividend Yield Fund, an open-ended equity scheme predominantly investing in dividend yielding stocks.
Tata Mutual Fund has announced the launch of Tata Dividend Yield Fund, an open-ended equity scheme predominantly investing in dividend yielding stocks. The NFO will be open for subscription till May 17. The investment objective of the fund is to provide capital appreciation and dividend distribution by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.