This Dividend Yield Fund can enrich your portfolio

When constructing your mutual portfolio, it is worthwhile to include a dividend yield fund in your kitty, looking at the performance of some of the dividend yield funds. 

Tata Dividend Yield Fund- G is one of the best performing dividend yield funds. The fund has generated 23 per cent returns over a 6 month period. Over a 1 year period the fund has delivered 5.2 per cent returns, and the performance over 2 years has been an annualised 16 per cent. For a 3 year period the performance has been an impressive 24.4 per cent , annualised.

The Sharpe ratio for the fund is 0.76, indicating superior risk adjusted returns for the fund. The fund has taken exposure to Financials (25.1 per cent), IT (21.9 per cent), Healthcare (11.5 per cent), Consumer Products (9.3 per cent) and Automobiles (8.3 per cent), as they are the top five sectoral allocations attached to the fund.

Top 5 stock holdings in the portfolio are Strides Acrolab (6.2 per cent), HCL Technologies (5.5 per cent), HDFC Bank (5.4 per cent), Infosys (4.3 per cent) and E-clerx (4.2 per cent).

Tata Dividend Yield Fund – G can be an integral part of a long term mutual fund portfolio designed for wealth creation.