A Safe Haven for Cau­tious Play­ers

BNP Paribas Div­i­dend Yield Fund

The Economic Times - - Smart - PORT­FO­LIO CHANGE

Con­ser­va­tive in­vestors, doubt­ing the sus­tain­abil­ity of the un­bri­dled mar­ket rally in the past year, must be in search of a safe haven in case the stocks falls sub­stan­tially. For such in­vestors, it makes sense to be with div­i­dend-yield schemes that in­vest in com­pa­nies whose div­i­dend yield is higher than those in most key indices, such as the Nifty 50, the Sen­sex, or the Nifty Div­i­dend Op­por­tu­ni­ties 50 in­dex. Hence, when mar­kets fall, th­ese stocks stem the down­side in re­turns. Among div­i­dend-yield schemes, BNP Paribas is a con­sis­tent per­former. Man­aged by Karthikraj Lak­sh­manan and Ab­hi­jeet Dey, the scheme has beaten its bench­mark and peers by a rea­son­ably good mar­gin. In the past three- and five-year pe­ri­ods, the scheme has de­liv­ered 17.1% and 21.2% re­turns, while the scheme’s bench­mark in­dex Nifty 200 has given 11% and 16% re­turns, re­spec­tively, dur­ing the same pe­riod. At present, the scheme has a wide range of high div­i­dend-yield stocks, such as Hindustan Zinc, Bharat Elec­tron­ics and Pow­erGrid Cor­po­ra­tion. AU Small Fi­nance Bank (PAST 6 MONTHS)

New En­trants Com­plete Ex­its In­crease in Al­lo­ca­tion

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