COMPARE
Aditya Birla Sun Life Dividend Yield Fund - Growth - Direct Plan vs HDFC Dividend Yield Fund - Growth Option Direct Plan
Aditya Birla Sun Life Dividend Yield Fund and HDFC Dividend Yield Fund are both in the Dividend Yield Fund category, from Aditya Birla Sun Life AMC Limited and HDFC Asset Management Company Limited respectively. HDFC Dividend Yield Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
HDFC Dividend Yield Fund has the lower direct-plan expense ratio, by 1.07 percentage points.
| Aditya Birla Sun Life Dividend Yield Fund - Growth - Direct Plan | HDFC Dividend Yield Fund - Growth Option Direct Plan | |
|---|---|---|
| Category | Dividend Yield Fund | Dividend Yield Fund |
| AMC | Aditya Birla Sun Life AMC Limited | HDFC Asset Management Company Limited |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| NAV | ₹466.58 (2026-10-30) | ₹25.554 (2026-10-30) |
| AUM | ₹1,340.456 Cr | ₹5,208.619 Cr |
| Expense Ratio (Direct) | 1.94% | 0.87% |
| Inception | 2003-01-23 | 2020-11-27 |
Returns
Risk Metrics
Aditya Birla Sun Life Dividend Yield Fund has been the more volatile of the two by standard deviation.
| Aditya Birla Sun Life Dividend Yield Fund - Growth - Direct Plan | HDFC Dividend Yield Fund - Growth Option Direct Plan | |
|---|---|---|
| 3Y Sharpe Ratio | 0.18 | 0.19 |
| 3Y Alpha | 1.0117% | 0.9588% |
| 3Y Std Deviation | 14.5153% | 13.94% |
| 3Y Calmar Ratio | 0.46 | 0.48 |
Portfolio Analytics
Aditya Birla Sun Life Dividend Yield Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Aditya Birla Sun Life Dividend Yield Fund - Growth - Direct Plan | HDFC Dividend Yield Fund - Growth Option Direct Plan | |
|---|---|---|
| P/E Ratio | 23.1394 | 19.5599 |
| P/B Ratio | 2.736 | 2.4919 |
| Dividend Yield | 1.316% | 1.4627% |
| Active Share | 79.54% | 53.96% |
| Portfolio Turnover | 82% | 248.8% |
| YTM | - | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Aditya Birla Sun Life Dividend Yield Fund and HDFC Dividend Yield Fund carry the same Punji Quality grade.
Frequently asked questions
Which has a lower expense ratio, Aditya Birla Sun Life Dividend Yield Fund or HDFC Dividend Yield Fund?
HDFC Dividend Yield Fund's direct-plan expense ratio is 1.07 percentage points lower than Aditya Birla Sun Life Dividend Yield Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Aditya Birla Sun Life Dividend Yield Fund or HDFC Dividend Yield Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), Aditya Birla Sun Life Dividend Yield Fund has been more volatile than HDFC Dividend Yield Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.18 for Aditya Birla Sun Life Dividend Yield Fund vs 0.19 for HDFC Dividend Yield Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Aditya Birla Sun Life Dividend Yield Fund or HDFC Dividend Yield Fund?
HDFC Dividend Yield Fund has ₹5,209 Cr in assets under management, versus ₹1,340 Cr for Aditya Birla Sun Life Dividend Yield Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Aditya Birla Sun Life Dividend Yield Fund or HDFC Dividend Yield Fund?
Aditya Birla Sun Life Dividend Yield Fund launched on 2003-01-23, making it older than HDFC Dividend Yield Fund (launched 2020-11-27). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-11-01. Source: AMFI disclosures via Punji. Not investment advice.