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SBI Dividend Yield Fund - NAV, Returns, Performance & Investment Guide 2024

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Explore SBI Dividend Yield Fund with latest NAV, returns, AUM & investment details. Learn about investment objective, fund managers & how to invest via Allvest platform.

Investment Objective and Approach

The investment objective of the scheme is to provide investors with opportunities for capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.

SBI Dividend Yield Fund Direct Plan Growth's investment objective is to give investors the benefit of dividend payouts and/or capital appreciation by curating a diversified portfolio of dividend-yielding stocks. It also aims to offset the relatively high risk levels associated with equity investments by including stabler assets like debt and money market instruments in its portfolio.

The fund follows a dividend yield investing strategy, which involves:

- Investing in companies with consistent dividend payment history

- Focusing on stocks with higher dividend yields compared to market averages

- Building a diversified portfolio across sectors to reduce concentration risk

- Companies distribute a portion of their profits as dividends, while retaining the remaining portion to reinvest in the business. Stocks of companies having a consistent dividend track record or potential to grow dividends over time can be attractive

Key Fund Details (as of August 2024):

- The SBI Dividend Yield Fund was launched on Feb 20 2023.

- The AUM (i.e. assets under management) of SBI Dividend Yield Fund is ₹9069.77 Cr as of 8th August 2025.

- The expense ratio of SBI Dividend Yield Fund Plan is 0.82 as of 8th August 2025.

- The fund has delivered a CAGR of 20.24 since inception.

Fund Managers

The SBI Dividend Yield Fund is managed by experienced professionals:

Rohit Shimpi - Primary Fund Manager

- Rohit Shimpi is a Chartered Financial Analyst (CFA) and did his PGDBM. He worked at CNBC TV18, JP Morgan's Offshore Research Centre and HDFC Standard Life Insurance before joining SBI Mutual Fund.

- Mr. Shimpi is a B. Com., PGDBM (Finance), CFA. Prior to joining SBI Mutual Fund, he has worked with CNBC TV18, JP Morgans offshore research centre and HDFC Standard Life Insurance.

Pradeep Kesavan - Co-Fund Manager

- Mr. Kesavan has done B.Com, MBA (Finance) and CFA

- Prior to joining SBI MF, he has worked with Elara Capital, Accenture Strategy, Morgan Stanley and 3i Infotech

Rohit Shimpi, Pradeep Kesavan, with an extensive experience of 15 years while managing equity & related investments. He is focused on picking quality companies and holds them for a long duration to generate good compounding returns in their funds.

About the Fund House (AMC)

SBI Mutual Fund stands as one of India's pioneering and largest asset management companies with a rich heritage spanning over three decades.

Company Heritage:

- Launched on 29 June 1987, SBI Mutual Fund became the first non-UTI mutual fund in India.

- It was India's second Mutual Fund after the Unit Trust of India started operations in 1963.

Ownership Structure:

- SBIFMPL is a joint venture between the State Bank of India, an Indian public sector bank, and Amundi, a European asset management company. Accordingly, SBI currently holds 63% stake in SBIFMPL and the 37% stake is held by AMUNDI Asset Management through a wholly owned subsidiary, Amundi India Holding.

Scale and Performance:

- SBI Mutual Fund, as of December 31, 2024, manages assets under management (AUM) worth approximately ₹11,16,708 crore.

- In early 2019, it moved past Aditya Birla and HDFC Mutual Funds to emerge as the 3rd largest Mutual Fund body in India based on Assets under Management or AUM.

- With 33 years of experience in fund management, SBI Mutual Fund provides a total of 139 primary schemes, consisting of 39 equity funds, 77 debt schemes, 12 hybrid schemes, and 11 others, which include Exchange-traded funds (ETFs), index funds, and gold funds.

Recent Growth Metrics:

- In recent years, SBI Mutual Fund has experienced notable growth, with its Systematic Investment Plan (SIP) trigger book increasing threefold between FY 2019 and FY 2024. The company also expanded its retail reach by 3X during this period.

- Financially, the company's 5-year compound annual growth rate (CAGR) for profits was 36%, surpassing the 27% CAGR for total income, highlighting improved profitability.

Innovation and Firsts:

- It was the first Indian Mutual Fund player to launch a 'Contra' fund, called the SBI Contra Fund.

- In 2015, the Employees' Provident Fund of India invested Rs 5,000 Crore for the first time in a Mutual Fund in India via SBIMF Sensex ETFs or Exchange Traded Funds.

Should I Invest in SBI Dividend Yield Fund?

This fund may be suitable for investors seeking:

Ideal for:

- Investors looking for regular income through dividend-paying stocks

- Those seeking exposure to established, dividend-yielding companies

- Investors with a moderate to high risk appetite

- Long-term investment horizon of 5+ years for optimal returns

Key Considerations:

- That said, the fund has a very high-risk profile, so ensure that the risk-reward ratio is in your favour before you invest in the scheme.

- Dividend yield funds are the equity funds which majorly invest in equity intruments of companies which can give high dividends. These companies generally have higher dividend yield as compared to other companies.

- The fund's performance depends on market conditions and the dividend policies of portfolio companies

Investment Requirements:

- The minimum SIP for SBI Dividend Yield Fund is ₹500.

- Minimum Lumpsum Investment is ₹5,000.

- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

FAQs

What is today's NAV of SBI Dividend Yield Fund?

The NAV varies daily based on market conditions. You can check the latest NAV on the Allvest platform or the fund house website for real-time updates.

What is the AUM of SBI Dividend Yield Fund?

The AUM (i.e. assets under management) of SBI Dividend Yield Fund is ₹9069.77 Cr as of 8th August 2025.

What is the expense ratio of SBI Dividend Yield Fund?

The expense ratio of SBI Dividend Yield Fund Plan is 0.82 as of 8th August 2025.

What are the returns of SBI Dividend Yield Fund since inception?

The fund has delivered a CAGR of 20.24 since inception. However, past performance doesn't guarantee future returns.

What is the minimum SIP amount to invest in SBI Dividend Yield Fund?

The minimum SIP for SBI Dividend Yield Fund is ₹500.

How do I invest in SBI Dividend Yield Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, choosing SIP or lumpsum option, and making payment through your registered bank account.

How to start a SIP in SBI Dividend Yield Fund?

Register on Allvest, complete your KYC verification, select SBI Dividend Yield Fund, choose SIP option with your preferred amount and frequency, then set up auto-debit for seamless investing.

How do I automate an SIP in SBI Dividend Yield Fund?

Through Allvest, set up a mandate for auto-debit from your bank account. This ensures your SIP continues automatically without manual intervention each month.

How can I withdraw/redeem my investment in SBI Dividend Yield Fund?

You can redeem your investment through Allvest's platform by placing a redemption request. The proceeds will be credited to your registered bank account within 2-4 working days.