Compare Mutual Funds

Insights from Fund Comparison

• Both Aditya Birla SL Dividend Yield Fund (IDCW) and Franklin India Dividend Yield Fund - Direct (G) are Dividend Yield Fund, Equity schemes. Aditya Birla SL Dividend Yield Fund (IDCW) is 23 yrs 2 m old and manages ₹1,494.63 Crs, whereas Franklin India Dividend Yield Fund - Direct (G) is 13 yrs 3 m old with ₹2,409.16 Crs.
• Aditya Birla SL Dividend Yield Fund (IDCW) is older, but Franklin India Dividend Yield Fund - Direct (G) is larger — suggesting that while Aditya Birla SL Dividend Yield Fund (IDCW) has more experience, Franklin India Dividend Yield Fund - Direct (G) may be attracting recent investor interest.
• Aditya Birla SL Dividend Yield Fund (IDCW) has its top 3 sectors in IT - Software (14.77%), Banks (13.47%), and FMCG (8.54%), while Franklin India Dividend Yield Fund - Direct (G) focuses on Power Generation & Distribution (10.62%), IT - Software (10.50%), and Realty (10.14%).
• The funds share exposure to IT - Software, but differ in the rest, which means they will partially move together but may diverge depending on how the unique sectors perform.
• Aditya Birla SL Dividend Yield Fund (IDCW) holds State Bank of India (5.40%), NTPC Limited (4.94%), Hindustan Unilever Limited (4.40%), ITC Limited (4.12%), and Infosys Limited (4.03%), whereas Franklin India Dividend Yield Fund - Direct (G) holds NTPC Ltd (5.47%), State Bank of India (4.99%), HDFC Bank Ltd (4.20%), Call, Cash & Other Assets (4.00%), and Infosys Ltd (3.89%).
• The funds share exposure to State Bank of India, which makes their performance partly correlated. However, the unique holdings like NTPC Limited in Aditya Birla SL Dividend Yield Fund (IDCW) and NTPC Ltd in Franklin India Dividend Yield Fund - Direct (G) can create divergence depending on how these stocks perform.
• In terms of risk profile, Aditya Birla SL Dividend Yield Fund (IDCW) has 93.49% equity and 0.00% debt, while Franklin India Dividend Yield Fund - Direct (G) has 77.36% equity and 0.00% debt.
• Aditya Birla SL Dividend Yield Fund (IDCW) is more aggressive with higher equity allocation, which could lead to higher returns but more volatility.
• Aditya Birla SL Dividend Yield Fund (IDCW) outperformed Franklin India Dividend Yield Fund - Direct (G) in 1 Year, 3 Years, 5 Years (returns: 2.28%, 16.44%, 16.39% ) but underperformed in 3 Months, 6 Months (returns: -8.42%, -3.48%). This mixed performance indicates strength in certain market cycles while highlighting periods of relative weakness, suggesting selective timing or careful monitoring may be needed.