Dividend yield mutual funds: These 7 schemes turned Rs 1 lakh into more than Rs 1,46,300 in 1 year; data may leave you surprised
Dividend yield mutual fund schemes: Did you know that seven dividend yield equity mutual fund (direct) schemes have turned an investment of Rs 1 lakh into more than Rs 1.46 lakh in just a year's time? The top two MF schemes in this category, the ICICI Prudential Dividend Yield Equity and the LIC MF Dividend Yield Fund, rewarded investors with returns of 55-57 per cent during this period. Read on to know more and see the complete list.
The top performer on this list, the ICICI Prudential Dividend Yield Equity Fund (direct) scheme, clocked a one-year return of 57.5 per cent, according to AMFI data. | Representational image | Image source: Pexels