Kotak Dividend Yield Fund
Dividend YieldVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹9.35+0.30%1 day
- Return since launch
- -6.7%
- 52-week range
- ₹8.84 — ₹10.10
- AUM
- ₹239 Cr
Kotak Dividend Yield Fund is a Dividend Yield equity fund from Kotak Mahindra Mutual Fund with ₹239 Cr under management, launched in 2026. The expense ratio is 2.51% and the SEBI riskometer reading is Very High.
Performance
Kotak Dividend Yield Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -6.7% against -3.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.5% | −1.1 pts | -3.4% | -3.3% |
| 3M | -2.8% | −1.8 pts | -1.0% | -0.8% |
| 6M | 3.5% | −3.4 pts | 7.0% | 6.4% |
Since launch (5 Jan 2026): -6.7%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.53%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.42%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 Year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Kotak Dividend Yield Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity97.8%
- Other2.2%
Market cap split
- Large77.0%
- Mid21.7%
- Small1.3%
- P/E
- 21.34
- P/B
- 3.00
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 6.20% | ₹14.83 Cr | +5.07% | +5.42% | — |
| HDFC Bank Ltd. | Financial | 4.66% | ₹11.14 Cr | +5.13% | +6.31% | — |
| Reliance Industries Ltd. | Energy | 3.21% | ₹7.69 Cr | +3.49% | +3.32% | — |
| State Bank of India | Financial | 3.17% | ₹7.58 Cr | +3.02% | +3.88% | — |
| Larsen & Toubro Ltd. | Construction | 3.11% | ₹7.44 Cr | +3.29% | +3.02% | — |
| Bharti Airtel Ltd. | Communication | 3.08% | ₹7.37 Cr | +3.26% | +3.46% | — |
| Solar Industries India Ltd. | Chemicals | 3.07% | ₹7.34 Cr | +2.92% | +1.04% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.70% | ₹6.45 Cr | +2.56% | +2.04% | — |
| Max Healthcare Institute Ltd. | Healthcare | 2.59% | ₹6.20 Cr | +2.52% | +2.54% | — |
| Indusind Bank Ltd. | Financial | 2.57% | ₹6.15 Cr | +1.94% | +2.10% | — |
| NTPC Ltd. | Energy | 2.54% | ₹6.08 Cr | +3.15% | +2.90% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.49% | ₹5.96 Cr | +2.94% | +2.09% | — |
| TVS Motor Company Ltd. | Automobile | 2.36% | ₹5.64 Cr | +1.91% | +2.27% | — |
| Bank of Maharashtra | Financial | 2.23% | ₹5.33 Cr | +2.26% | +2.20% | — |
| United Spirits Ltd. | Consumer Staples | 2.22% | ₹5.31 Cr | +2.42% | +1.44% | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.21% | ₹5.29 Cr | +1.68% | +1.96% | — |
| Others | Others | 2.20% | ₹5.22 Cr | -0.30% | -2.22% | — |
| Indus Towers Ltd. | Communication | 2.19% | ₹5.23 Cr | +2.61% | +1.94% | — |
| Axis Bank Ltd. | Financial | 2.18% | ₹5.23 Cr | +2.27% | +2.52% | — |
| Maruti Suzuki India Ltd. | Automobile | 2.13% | ₹5.10 Cr | +2.17% | +2.53% | — |
| Ultratech Cement Ltd. | Materials | 2.01% | ₹4.80 Cr | +2.11% | +2.40% | — |
| HDFC Asset Management Company Ltd. | Financial | 1.98% | ₹4.75 Cr | +2.12% | +1.90% | — |
| Shriram Finance Ltd | Financial | 1.90% | ₹4.55 Cr | +1.70% | +2.00% | — |
| Infosys Ltd. | Technology | 1.89% | ₹4.51 Cr | +1.69% | +1.96% | — |
| Titan Company Ltd. | Consumer Discretionary | 1.88% | ₹4.49 Cr | +1.79% | +1.96% | — |
| company:1091 | Capital Goods | 1.76% | ₹4.22 Cr | — | — | — |
| Tata Steel Ltd. | Metals & Mining | 1.73% | ₹4.13 Cr | +2.04% | +1.54% | — |
| Bharat Electronics Ltd. | Capital Goods | 1.72% | ₹4.12 Cr | +1.79% | +1.51% | — |
| Bharat Forge Ltd. | Automobile | 1.72% | ₹4.10 Cr | +1.67% | +1.68% | — |
| Britannia Industries Ltd. | Consumer Staples | 1.69% | ₹4.04 Cr | +1.76% | +2.09% | — |
| Power Grid Corporation Of India Ltd. | Energy | 1.65% | ₹3.95 Cr | +1.91% | +2.03% | — |
| Tata Consultancy Services Ltd. | Technology | 1.58% | ₹3.79 Cr | +1.56% | +1.88% | — |
| Bajaj Finance Ltd. | Financial | 1.45% | ₹3.47 Cr | +1.31% | +1.48% | — |
| Ajanta Pharma Ltd. | Healthcare | 1.42% | ₹3.39 Cr | +1.21% | +1.00% | — |
| Tech Mahindra Ltd. | Technology | 1.42% | ₹3.40 Cr | +1.36% | +1.28% | — |
| Persistent Systems Ltd. | Technology | 1.40% | ₹3.36 Cr | +1.37% | +1.28% | — |
| Bank Of Baroda | Financial | 1.28% | ₹3.05 Cr | +2.09% | +2.18% | — |
| Hindalco Industries Ltd. | Metals & Mining | 1.25% | ₹3.00 Cr | +1.46% | +0.96% | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.14% | ₹2.72 Cr | +1.11% | +1.27% | — |
| Ashok Leyland Ltd. | Automobile | 1.12% | ₹2.67 Cr | +1.04% | +1.45% | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.06% | ₹2.53 Cr | +0.97% | +0.98% | — |
| Power Finance Corporation Ltd. | Financial | 1.05% | ₹2.52 Cr | +1.41% | — | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.01% | ₹2.42 Cr | +0.83% | +0.92% | — |
| DLF Ltd. | Construction | 0.98% | ₹2.35 Cr | — | — | — |
| Coal India Ltd. | Materials | 0.97% | ₹2.33 Cr | +1.77% | — | — |
| Petronet LNG Ltd. | Energy | 0.92% | ₹2.19 Cr | +0.87% | +1.07% | — |
| Aster DM Quality Care Ltd. | Healthcare | 0.88% | ₹2.12 Cr | — | — | — |
| Hero Motocorp Ltd. | Automobile | 0.88% | ₹2.10 Cr | +0.83% | +0.99% | — |
| BSE Ltd. | Services | 0.85% | ₹2.03 Cr | +2.11% | +1.11% | — |
| MRF Ltd. | Automobile | 0.82% | ₹1.95 Cr | +0.79% | +0.93% | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.73% | ₹1.76 Cr | +0.83% | +0.95% | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.48% | ₹1.16 Cr | +0.93% | +1.01% | — |
| TeamLease Services Ltd. | Services | 0.27% | ₹0.64 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:1091 | 0.00% | 1.76% | +1.76% |
| Apollo Hospitals Enterprise Ltd. | 3.05% | 2.49% | -0.56% |
| United Spirits Ltd. | 2.73% | 2.22% | -0.51% |
| Oil And Natural Gas Corporation Ltd. | 0.81% | 0.48% | -0.33% |
| Others | 0.15% | -0.18% | -0.33% |
| Infosys Ltd. | 1.56% | 1.89% | +0.33% |
| Solar Industries India Ltd. | 2.79% | 3.07% | +0.28% |
| Power Finance Corporation Ltd. | 1.32% | 1.05% | -0.27% |
| Bharti Airtel Ltd. | 3.33% | 3.08% | -0.25% |
| HDFC Bank Ltd. | 4.88% | 4.66% | -0.22% |
| NTPC Ltd. | 2.68% | 2.54% | -0.14% |
| Titan Company Ltd. | 2.02% | 1.88% | -0.14% |
| Axis Bank Ltd. | 2.05% | 2.18% | +0.13% |
| ICICI Bank Ltd. | 6.08% | 6.20% | +0.12% |
| Max Healthcare Institute Ltd. | 2.71% | 2.59% | -0.12% |
| Power Grid Corporation Of India Ltd. | 1.77% | 1.65% | -0.12% |
| State Bank of India | 3.05% | 3.17% | +0.12% |
| Bharat Electronics Ltd. | 1.60% | 1.72% | +0.12% |
| Shriram Finance Ltd | 1.78% | 1.90% | +0.12% |
| Bajaj Finance Ltd. | 1.55% | 1.45% | -0.10% |
| Larsen & Toubro Ltd. | 3.01% | 3.11% | +0.10% |
| Maruti Suzuki India Ltd. | 2.22% | 2.13% | -0.09% |
| BSE Ltd. | 0.94% | 0.85% | -0.09% |
| Bank of Maharashtra | 2.14% | 2.23% | +0.09% |
| Aster DM Quality Care Ltd. | 0.96% | 0.88% | -0.08% |
| Ashok Leyland Ltd. | 1.05% | 1.12% | +0.07% |
| Petronet LNG Ltd. | 0.85% | 0.92% | +0.07% |
| Ajanta Pharma Ltd. | 1.35% | 1.42% | +0.07% |
| Bharat Forge Ltd. | 1.78% | 1.72% | -0.06% |
| Hindalco Industries Ltd. | 1.19% | 1.25% | +0.06% |
| Reliance Industries Ltd. | 3.27% | 3.21% | -0.06% |
| Ultratech Cement Ltd. | 2.07% | 2.01% | -0.06% |
| Hindustan Petroleum Corporation Ltd. | 0.78% | 0.73% | -0.05% |
| DLF Ltd. | 0.93% | 0.98% | +0.05% |
| Britannia Industries Ltd. | 1.73% | 1.69% | -0.04% |
| Coal India Ltd. | 1.00% | 0.97% | -0.03% |
| Mahindra & Mahindra Ltd. | 1.17% | 1.14% | -0.03% |
| Tata Consultancy Services Ltd. | 1.55% | 1.58% | +0.03% |
| Tata Steel Ltd. | 1.76% | 1.73% | -0.03% |
| Ujjivan Small Finance Bank Ltd. | 1.04% | 1.01% | -0.03% |
| Indusind Bank Ltd. | 2.54% | 2.57% | +0.03% |
| TVS Motor Company Ltd. | 2.33% | 2.36% | +0.03% |
| Cholamandalam Investment and Finance Company Ltd. | 2.19% | 2.21% | +0.02% |
| Hero Motocorp Ltd. | 0.86% | 0.88% | +0.02% |
| Persistent Systems Ltd. | 1.38% | 1.40% | +0.02% |
| MRF Ltd. | 0.80% | 0.82% | +0.02% |
| Sun Pharmaceutical Industries Ltd. | 2.69% | 2.70% | +0.01% |
| Bank Of Baroda | 1.29% | 1.28% | -0.01% |
| HDFC Asset Management Company Ltd. | 1.97% | 1.98% | +0.01% |
| TeamLease Services Ltd. | 0.26% | 0.27% | +0.01% |
| Tech Mahindra Ltd. | 1.43% | 1.42% | -0.01% |
| Indus Towers Ltd. | 2.18% | 2.19% | +0.01% |
| Torrent Pharmaceuticals Ltd. | 1.06% | 1.06% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,775 Cr | 2.27% | 0.1% | 5.2% | 12.0% |
 ICICI Prudential Dividend Yield Fund | ₹6,712 Cr | 1.92% | -8.5% | 3.0% | 12.0% |
 UTI Dividend Yield Fund | ₹3,772 Cr | 1.99% | -5.2% | 3.1% | 10.1% |
 Aditya Birla Sun Life Dividend Yield Fund | ₹1,475 Cr | 2.73% | -2.2% | 2.8% | 10.9% |
 Tata Dividend Yield Fund | ₹1,156 Cr | 2.30% | 6.8% | 7.9% | 12.4% |
 LIC MF Dividend Yield Fund | ₹759 Cr | 2.43% | 9.4% | 9.1% | 14.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme is to generate long-term, capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.
Fund managers
- Abhishek BisenMr. Bisen is a BA and MBA in Finance.Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
- Shibani Sircar KurianMs. Kurian has done PGDM (Specialization in Finance), BSc (Hons)-EconomicsPrior to joining Kotak AMC, she was working with Dawnay Day AV India Advisors Pvt Ltd and UTI AMC.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.52% absolute | ₹60,000 | ₹62,112 | 3.52% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Kotak Dividend Yield Fund?
The NAV of Kotak Dividend Yield Fund is ₹9.35 as on 25 Sep 2026.
What is the expense ratio of Kotak Dividend Yield Fund?
The expense ratio of Kotak Dividend Yield Fund is 2.51% per year.
What is the minimum SIP amount for Kotak Dividend Yield Fund?
You can start a SIP in Kotak Dividend Yield Fund with ₹3,000 a month.
Is there a lock-in or exit load on Kotak Dividend Yield Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 Year..
How risky is Kotak Dividend Yield Fund?
Kotak Dividend Yield Fund is rated Very High on the SEBI riskometer and belongs to the Dividend Yield category.
Which fund house manages Kotak Dividend Yield Fund?
Kotak Dividend Yield Fund is managed by Kotak Mahindra Mutual Fund, which runs 94 schemes with ₹6,09,561 Cr under management.