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.
![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](https://cdn.zeebiz.com/sites/default/files/2024/04/11/287597-investmentcalculatorpexels.jpg?im=FitAndFill=(1200,900))
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