Kotak Dividend Yield Fund
Dividend YieldVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹9.73+0.39%1 day
- Return since launch
- -3.3%
- 52-week range
- ₹8.84 — ₹10.10
- AUM
- ₹273 Cr
Kotak Dividend Yield Fund is a Dividend Yield equity fund from Kotak Mahindra Mutual Fund with ₹273 Cr under management, launched in 2026. The expense ratio is 2.57% 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 -2.9% against -1.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 8.2% | +2.5 pts | 5.7% | 6.1% |
| 3M | -1.8% | +0.1 pts | -1.9% | -2.2% |
| 6M | 1.9% | +0.3 pts | 1.6% | 1.6% |
Since launch (5 Jan 2026): -3.3%
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
2.57%
Expense ratio as on 3 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.10%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.45%
- 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 30 Sep 2026
Asset allocation
- Equity94.1%
- Other5.9%
Market cap split
- Large68.7%
- Mid24.4%
- Small6.9%
- P/E
- 19.89
- P/B
- 2.82
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 5.89% | ₹16.07 Cr | +0.18% | -0.18% | — |
| HDFC Bank Ltd. | Financial | 5.55% | ₹15.14 Cr | +5.32% | +5.63% | — |
| ICICI Bank Ltd. | Financial | 4.94% | ₹13.48 Cr | +5.96% | +5.44% | — |
| Schaeffler India Ltd. | Capital Goods | 2.74% | ₹7.48 Cr | — | — | — |
| Solar Industries India Ltd. | Chemicals | 2.64% | ₹7.19 Cr | +2.90% | +1.30% | — |
| Bharti Airtel Ltd. | Communication | 2.62% | ₹7.15 Cr | +3.20% | +3.56% | — |
| Reliance Industries Ltd. | Energy | 2.62% | ₹7.15 Cr | +3.31% | +3.97% | — |
| Larsen & Toubro Ltd. | Construction | 2.54% | ₹6.92 Cr | +3.24% | +2.68% | — |
| State Bank of India | Financial | 2.51% | ₹6.86 Cr | +3.12% | +3.43% | — |
| Bank of Maharashtra | Financial | 2.39% | ₹6.51 Cr | +2.52% | +1.95% | — |
| Karur Vysya Bank Ltd. | Financial | 2.38% | ₹6.50 Cr | — | — | — |
| NTPC Ltd. | Energy | 2.20% | ₹6.00 Cr | +2.81% | +3.05% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.16% | ₹5.90 Cr | +2.57% | +2.24% | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 2.15% | ₹5.87 Cr | +0.88% | +0.87% | — |
| Aster DM Quality Care Ltd. | Healthcare | 2.07% | ₹5.65 Cr | +0.93% | — | — |
| Max Healthcare Institute Ltd. | Healthcare | 2.03% | ₹5.53 Cr | +2.85% | +2.43% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.01% | ₹5.47 Cr | +3.02% | +2.65% | — |
| Indusind Bank Ltd. | Financial | 2.00% | ₹5.45 Cr | +1.90% | +1.79% | — |
| TVS Motor Company Ltd. | Automobile | 1.96% | ₹5.34 Cr | +1.91% | +2.14% | — |
| Shriram Finance Ltd | Financial | 1.95% | ₹5.31 Cr | +1.81% | +1.75% | — |
| Anthem Biosciences Ltd. | Healthcare | 1.89% | ₹5.15 Cr | — | — | — |
| Indus Towers Ltd. | Communication | 1.84% | ₹5.02 Cr | +2.24% | +1.94% | — |
| Axis Bank Ltd. | Financial | 1.81% | ₹4.93 Cr | +2.30% | +2.29% | — |
| Crisil Ltd. | Services | 1.79% | ₹4.89 Cr | — | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.69% | ₹4.62 Cr | +1.90% | +1.66% | — |
| Ultratech Cement Ltd. | Materials | 1.68% | ₹4.59 Cr | +2.00% | +2.21% | — |
| Maruti Suzuki India Ltd. | Automobile | 1.65% | ₹4.51 Cr | +2.26% | +2.27% | — |
| HDFC Asset Management Company Ltd. | Financial | 1.51% | ₹4.13 Cr | +2.04% | +1.97% | — |
| Tata Steel Ltd. | Metals & Mining | 1.51% | ₹4.13 Cr | +1.79% | +1.50% | — |
| United Spirits Ltd. | Consumer Staples | 1.49% | ₹4.07 Cr | +2.49% | +2.06% | — |
| Titan Company Ltd. | Consumer Discretionary | 1.48% | ₹4.04 Cr | +1.87% | +1.94% | — |
| Infosys Ltd. | Technology | 1.45% | ₹3.96 Cr | +1.41% | +2.04% | — |
| Power Grid Corporation Of India Ltd. | Energy | 1.43% | ₹3.91 Cr | +1.82% | +2.18% | — |
| Bharat Electronics Ltd. | Capital Goods | 1.42% | ₹3.86 Cr | +1.74% | +1.47% | — |
| Bharat Forge Ltd. | Automobile | 1.38% | ₹3.76 Cr | +1.78% | +1.60% | — |
| Britannia Industries Ltd. | Consumer Staples | 1.36% | ₹3.72 Cr | +1.68% | +2.05% | — |
| Ajanta Pharma Ltd. | Healthcare | 1.25% | ₹3.40 Cr | +1.37% | +1.29% | — |
| Tata Consultancy Services Ltd. | Technology | 1.19% | ₹3.24 Cr | +1.36% | +1.83% | — |
| Tech Mahindra Ltd. | Technology | 1.17% | ₹3.19 Cr | +1.25% | +1.42% | — |
| Persistent Systems Ltd. | Technology | 1.16% | ₹3.17 Cr | +1.10% | +1.43% | — |
| Bajaj Finance Ltd. | Financial | 1.15% | ₹3.15 Cr | +1.40% | +1.29% | — |
| Bank Of Baroda | Financial | 1.08% | ₹2.95 Cr | +2.06% | +1.82% | — |
| Hindalco Industries Ltd. | Metals & Mining | 1.02% | ₹2.78 Cr | +1.20% | +1.00% | — |
| GAIL (India) Ltd. | Energy | 1.00% | ₹2.73 Cr | — | — | — |
| Coal India Ltd. | Materials | 0.90% | ₹2.47 Cr | +1.64% | +1.94% | — |
| Mahindra & Mahindra Ltd. | Automobile | 0.90% | ₹2.45 Cr | +1.08% | +1.20% | — |
| Power Finance Corporation Ltd. | Financial | 0.89% | ₹2.44 Cr | +1.35% | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.88% | ₹2.40 Cr | +0.98% | +1.03% | — |
| L&T Finance Ltd. | Financial | 0.87% | ₹2.39 Cr | — | — | — |
| Ashok Leyland Ltd. | Automobile | 0.86% | ₹2.34 Cr | +1.02% | +1.15% | — |
| DLF Ltd. | Construction | 0.84% | ₹2.29 Cr | — | — | — |
| Petronet LNG Ltd. | Energy | 0.76% | ₹2.08 Cr | +0.87% | +0.89% | — |
| Hero Motocorp Ltd. | Automobile | 0.74% | ₹2.02 Cr | +0.78% | +0.96% | — |
| BSE Ltd. | Services | 0.70% | ₹1.92 Cr | +1.43% | +1.53% | — |
| MRF Ltd. | Automobile | 0.67% | ₹1.83 Cr | +0.79% | +0.92% | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.62% | ₹1.68 Cr | +0.80% | +0.79% | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.41% | ₹1.13 Cr | +0.80% | +1.12% | — |
| TeamLease Services Ltd. | Services | 0.21% | ₹0.57 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Karur Vysya Bank Ltd. | 0.00% | 2.38% | +2.38% |
| Anthem Biosciences Ltd. | 0.00% | 1.89% | +1.89% |
| Crisil Ltd. | 0.00% | 1.79% | +1.79% |
| ICICI Bank Ltd. | 6.20% | 4.94% | -1.26% |
| Aster DM Quality Care Ltd. | 0.88% | 2.07% | +1.19% |
| Ujjivan Small Finance Bank Ltd. | 1.01% | 2.15% | +1.14% |
| GAIL (India) Ltd. | 0.00% | 1.00% | +1.00% |
| Schaeffler India Ltd. | 1.76% | 2.74% | +0.98% |
| HDFC Bank Ltd. | 4.66% | 5.55% | +0.89% |
| L&T Finance Ltd. | 0.00% | 0.87% | +0.87% |
| United Spirits Ltd. | 2.22% | 1.49% | -0.73% |
| State Bank of India | 3.17% | 2.51% | -0.66% |
| Reliance Industries Ltd. | 3.21% | 2.62% | -0.59% |
| Indusind Bank Ltd. | 2.57% | 2.00% | -0.57% |
| Larsen & Toubro Ltd. | 3.11% | 2.54% | -0.57% |
| Max Healthcare Institute Ltd. | 2.59% | 2.03% | -0.56% |
| Sun Pharmaceutical Industries Ltd. | 2.70% | 2.16% | -0.54% |
| Cholamandalam Investment and Finance Company Ltd. | 2.21% | 1.69% | -0.52% |
| Apollo Hospitals Enterprise Ltd. | 2.49% | 2.01% | -0.48% |
| Maruti Suzuki India Ltd. | 2.13% | 1.65% | -0.48% |
| HDFC Asset Management Company Ltd. | 1.98% | 1.51% | -0.47% |
| Bharti Airtel Ltd. | 3.08% | 2.62% | -0.46% |
| Infosys Ltd. | 1.89% | 1.45% | -0.44% |
| Solar Industries India Ltd. | 3.07% | 2.64% | -0.43% |
| TVS Motor Company Ltd. | 2.36% | 1.96% | -0.40% |
| Titan Company Ltd. | 1.88% | 1.48% | -0.40% |
| Tata Consultancy Services Ltd. | 1.58% | 1.19% | -0.39% |
| Axis Bank Ltd. | 2.18% | 1.81% | -0.37% |
| Indus Towers Ltd. | 2.19% | 1.84% | -0.35% |
| Bharat Forge Ltd. | 1.72% | 1.38% | -0.34% |
| NTPC Ltd. | 2.54% | 2.20% | -0.34% |
| Britannia Industries Ltd. | 1.69% | 1.36% | -0.33% |
| Ultratech Cement Ltd. | 2.01% | 1.68% | -0.33% |
| Bajaj Finance Ltd. | 1.45% | 1.15% | -0.30% |
| Bharat Electronics Ltd. | 1.72% | 1.42% | -0.30% |
| Ashok Leyland Ltd. | 1.12% | 0.86% | -0.26% |
| Tech Mahindra Ltd. | 1.42% | 1.17% | -0.25% |
| Persistent Systems Ltd. | 1.40% | 1.16% | -0.24% |
| Mahindra & Mahindra Ltd. | 1.14% | 0.90% | -0.24% |
| Hindalco Industries Ltd. | 1.25% | 1.02% | -0.23% |
| Others | -0.18% | -0.41% | -0.23% |
| Power Grid Corporation Of India Ltd. | 1.65% | 1.43% | -0.22% |
| Tata Steel Ltd. | 1.73% | 1.51% | -0.22% |
| Bank Of Baroda | 1.28% | 1.08% | -0.20% |
| Torrent Pharmaceuticals Ltd. | 1.06% | 0.88% | -0.18% |
| Ajanta Pharma Ltd. | 1.42% | 1.25% | -0.17% |
| Bank of Maharashtra | 2.23% | 2.39% | +0.16% |
| Petronet LNG Ltd. | 0.92% | 0.76% | -0.16% |
| Power Finance Corporation Ltd. | 1.05% | 0.89% | -0.16% |
| BSE Ltd. | 0.85% | 0.70% | -0.15% |
| MRF Ltd. | 0.82% | 0.67% | -0.15% |
| DLF Ltd. | 0.98% | 0.84% | -0.14% |
| Hero Motocorp Ltd. | 0.88% | 0.74% | -0.14% |
| Hindustan Petroleum Corporation Ltd. | 0.73% | 0.62% | -0.11% |
| Oil And Natural Gas Corporation Ltd. | 0.48% | 0.41% | -0.07% |
| Coal India Ltd. | 0.97% | 0.90% | -0.07% |
| TeamLease Services Ltd. | 0.27% | 0.21% | -0.06% |
| Shriram Finance Ltd | 1.90% | 1.95% | +0.05% |
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 | ₹3,894 Cr | 2.14% | 4.5% | 5.8% | 12.3% |
 SBI Dividend Yield Fund | ₹7,794 Cr | 2.04% | 6.3% | 5.1% | — |
 ICICI Prudential Dividend Yield Fund | ₹6,248 Cr | 1.90% | -1.0% | 4.2% | 12.4% |
 UTI Dividend Yield Fund | ₹3,582 Cr | 1.98% | 2.0% | 4.4% | 10.8% |
 Tata Dividend Yield Fund | ₹1,109 Cr | 2.30% | 5.7% | 7.1% | 11.8% |
 LIC MF Dividend Yield Fund | ₹738 Cr | 2.49% | 9.4% | 8.2% | 14.1% |
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.
- Mandar PawarMr. Pawar has done B.Com and MMSPrior to joining Kotak Mahindra Mutual Fund, he has worked with KR Choksey Securities and MF Global Sify Securities
- 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 months1.95% absolute | ₹60,000 | ₹61,170 | 1.95% |
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 ₹9.73 as on 9 Nov 2026.
What is the expense ratio of Kotak Dividend Yield Fund?
The expense ratio of Kotak Dividend Yield Fund is 2.57% 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 97 schemes with ₹6,34,000 Cr under management.