LIC MF Dividend Yield Fund
Dividend YieldVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹32.21+0.42%1 day
- Return since launch
- 16.3%
- 52-week range
- ₹26.62 — ₹33.16
- AUM
- ₹759 Cr
LIC MF Dividend Yield Fund is a Dividend Yield equity fund from LIC Mutual Fund with ₹759 Cr under management, launched in 2018. Over three years it has returned 9.1% a year, against 11.5% for its category. The expense ratio is 2.43% and the SEBI riskometer reading is Very High.
Performance
LIC MF Dividend Yield Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.9% against -1.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 9.4% | +8.1 pts | 1.4% | -4.1% |
| 2Y | 6.6% | +5.8 pts | 0.8% | -1.3% |
| 3Y | 9.1% | −2.4 pts | 11.5% | 1.8% |
| 5Y | 14.6% | +3.0 pts | 11.6% | 8.8% |
| 7Y | 16.7% | +2.1 pts | 14.6% | 12.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.6% | +0.7 pts | -3.4% | -3.3% |
| 3M | 0.8% | +1.8 pts | -1.0% | -0.8% |
| 6M | 18.2% | +11.3 pts | 7.0% | 6.4% |
| 1Y | 6.9% | +5.5 pts | 1.4% | -1.5% |
| 2Y | -0.7% | +3.0 pts | -3.7% | -5.2% |
| 3Y | 16.9% | +5.4 pts | 11.5% | 9.6% |
| 5Y | 13.7% | +2.1 pts | 11.6% | 9.7% |
| 7Y | 17.4% | +1.2 pts | 16.2% | 14.8% |
Since launch (3 Dec 2018): 16.3%
Calendar-year returns
Category average24.4%
30.5%
-1.1%
32.4%
31.5%
2.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 2.6% | −3.7 pts | 6.3% |
| 2024 | 31.5% | +11.0 pts | 20.5% |
| 2023 | 32.4% | −5.1 pts | 37.6% |
| 2022 | -1.1% | −5.1 pts | 3.9% |
| 2021 | 30.5% | −9.4 pts | 39.8% |
| 2020 | 24.4% | +3.9 pts | 20.5% |
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
2.43%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.03%
- Brokerage
- 0.04%
- Transaction charges
- 0.00%
- Statutory levies
- 0.36%
- Exit load
- Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.
- 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.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 5.68 | 2.50 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.14 | 0.95 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.75 | 0.60 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.01 | 0.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 18.06 | 15.27 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
LIC MF Dividend Yield Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity96.2%
- Other3.8%
Market cap split
- Large46.1%
- Mid19.2%
- Small34.7%
- P/E
- 22.33
- P/B
- 3.91
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Avalon Technologies Ltd. | Capital Goods | 4.58% | ₹34.81 Cr | +3.34% | +2.35% | +2.01% |
| HDFC Bank Ltd. | Financial | 4.58% | ₹34.79 Cr | +5.32% | +6.66% | +5.34% |
| Garware Hi-Tech Films Ltd. | Materials | 4.26% | ₹32.36 Cr | +4.04% | +2.92% | +1.96% |
| ICICI Bank Ltd. | Financial | 3.84% | ₹29.12 Cr | +3.67% | +4.22% | +3.26% |
| Others | Others | 3.76% | ₹28.54 Cr | -0.36% | -0.74% | -1.00% |
| Tata Consultancy Services Ltd. | Technology | 2.79% | ₹21.17 Cr | +2.72% | +3.33% | +2.64% |
| Axis Bank Ltd. | Financial | 2.63% | ₹19.97 Cr | +2.88% | +3.25% | +2.57% |
| Kotak Mahindra Bank Ltd. | Financial | 2.62% | ₹19.91 Cr | +2.20% | +2.49% | +3.01% |
| Neuland Laboratories Ltd. | Healthcare | 2.34% | ₹17.80 Cr | +1.93% | +1.52% | +1.51% |
| Bharat Electronics Ltd. | Capital Goods | 2.26% | ₹17.18 Cr | +2.48% | +2.28% | +2.19% |
| Allied Blenders And Distillers Ltd. | Consumer Staples | 2.25% | ₹17.07 Cr | +2.25% | +1.87% | +1.98% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.12% | ₹16.07 Cr | +2.15% | +2.16% | +2.14% |
| Interglobe Aviation Ltd. | Services | 2.11% | ₹16.01 Cr | +1.96% | +2.26% | +2.76% |
| Anthem Biosciences Ltd. | Healthcare | 2.04% | ₹15.47 Cr | +1.27% | +1.23% | — |
| NTPC Ltd. | Energy | 2.01% | ₹15.26 Cr | +2.63% | +2.72% | +2.04% |
| Bajaj Auto Ltd. | Automobile | 2.01% | ₹15.25 Cr | +1.70% | +1.70% | +1.72% |
| Radico Khaitan Ltd. | Consumer Staples | 1.98% | ₹15.04 Cr | +1.72% | +0.94% | — |
| Shriram Finance Ltd | Financial | 1.95% | ₹14.83 Cr | +1.84% | +1.81% | +1.96% |
| Pidilite Industries Ltd. | Chemicals | 1.94% | ₹14.76 Cr | +1.89% | +1.99% | — |
| Pricol Ltd. | Automobile | 1.86% | ₹14.13 Cr | +1.44% | +0.99% | — |
| Jindal Stainless Ltd. | Metals & Mining | 1.82% | ₹13.85 Cr | — | — | — |
| Grasim Industries Ltd. | Materials | 1.81% | ₹13.71 Cr | +1.85% | +1.74% | +1.96% |
| SRF Ltd. | Chemicals | 1.77% | ₹13.46 Cr | +1.45% | +1.43% | +1.45% |
| LG Electronics India Ltd. | Consumer Discretionary | 1.72% | ₹13.07 Cr | +1.71% | +1.63% | — |
| company:19482 | Automobile | 1.70% | ₹12.92 Cr | — | — | — |
| Tata Communications Ltd. | Communication | 1.68% | ₹12.72 Cr | +1.90% | +1.36% | +1.15% |
| Azad Engineering Ltd. | Capital Goods | 1.65% | ₹12.54 Cr | +1.29% | +1.15% | +0.99% |
| Arvind Fashions Ltd. | Textiles | 1.62% | ₹12.30 Cr | +1.67% | +1.67% | +1.98% |
| Samvardhana Motherson International Ltd. | Automobile | 1.61% | ₹12.25 Cr | +1.52% | +1.46% | +1.06% |
| Mphasis Ltd. | Technology | 1.52% | ₹11.56 Cr | +0.87% | +0.92% | — |
| Oil India Ltd. | Energy | 1.44% | ₹10.91 Cr | +1.57% | +0.65% | +0.79% |
| Tata Motors Ltd. | Automobile | 1.35% | ₹10.23 Cr | +1.20% | +1.33% | — |
| Hindustan Unilever Ltd. | Consumer Staples | 1.31% | ₹9.97 Cr | +1.59% | +1.51% | +1.80% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 1.25% | ₹9.48 Cr | +1.76% | +0.69% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 1.24% | ₹9.40 Cr | +1.19% | +1.03% | +0.75% |
| Bikaji Foods International Ltd. | Consumer Staples | 1.23% | ₹9.34 Cr | +1.19% | +0.93% | +1.20% |
| Mahindra & Mahindra Ltd. | Automobile | 1.22% | ₹9.23 Cr | +1.25% | +1.46% | +1.68% |
| Techno Electric & Engineering Company Ltd. | Capital Goods | 1.21% | ₹9.21 Cr | +1.48% | +1.68% | +1.72% |
| Godfrey Phillips India Ltd. | Consumer Staples | 1.16% | ₹8.83 Cr | +1.40% | +1.36% | +1.81% |
| Cholamandalam Financial Holdings Ltd. | Financial | 1.16% | ₹8.80 Cr | +1.37% | +1.10% | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.15% | ₹8.75 Cr | +1.14% | +1.09% | — |
| Saregama India Ltd. | Services | 1.15% | ₹8.72 Cr | +1.12% | +0.92% | +1.40% |
| EIH Ltd. | Services | 1.14% | ₹8.63 Cr | +1.32% | +1.32% | +1.39% |
| MAS Financial Services Ltd. | Financial | 1.14% | ₹8.63 Cr | +1.28% | +1.40% | +0.96% |
| Gujarat Energy Ltd. | Energy | 1.10% | ₹8.39 Cr | +1.40% | +1.57% | +1.48% |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.10% | ₹8.32 Cr | +0.95% | +1.06% | — |
| Abbott India Ltd. | Healthcare | 1.07% | ₹8.13 Cr | +1.23% | +1.27% | — |
| Bharti Airtel Ltd. | Communication | 1.06% | ₹8.04 Cr | +1.18% | +1.12% | — |
| Ratnamani Metals & Tubes Ltd. | Metals & Mining | 1.01% | ₹7.68 Cr | +0.76% | +0.77% | +0.79% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.00% | ₹7.57 Cr | +1.00% | +1.01% | +0.76% |
| Sundaram Finance Ltd. | Financial | 0.99% | ₹7.55 Cr | +1.02% | +1.40% | +1.34% |
| Shakti Pumps (India) Ltd. | Capital Goods | 0.84% | ₹6.41 Cr | +1.01% | +0.85% | +1.40% |
| Elecon Engineering Company Ltd. | Capital Goods | 0.82% | ₹6.24 Cr | — | — | — |
| Divgi TorqTransfer Systems Ltd. | Automobile | 0.82% | ₹6.21 Cr | +0.62% | +0.58% | +0.54% |
| DEE Development Engineers Ltd. | Services | 0.75% | ₹5.73 Cr | +1.73% | +1.38% | +1.28% |
| Vinati Organics Ltd. | Chemicals | 0.72% | ₹5.50 Cr | +0.78% | +0.93% | +1.13% |
| Bharat Bijlee Ltd. | Capital Goods | 0.57% | ₹4.33 Cr | +0.74% | +0.68% | +0.87% |
| GSPL Transmission Ltd. | Energy | 0.14% | ₹1.07 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:19482 | 0.00% | 1.70% | +1.70% |
| Maruti Suzuki India Ltd. | 1.24% | 0.00% | -1.24% |
| Avalon Technologies Ltd. | 3.63% | 4.58% | +0.96% |
| HDFC Bank Ltd. | 5.02% | 4.58% | -0.44% |
| Anthem Biosciences Ltd. | 1.64% | 2.04% | +0.40% |
| DEE Development Engineers Ltd. | 1.09% | 0.75% | -0.33% |
| Neuland Laboratories Ltd. | 2.02% | 2.34% | +0.33% |
| Azad Engineering Ltd. | 1.37% | 1.65% | +0.28% |
| Elecon Engineering Company Ltd. | 0.58% | 0.82% | +0.24% |
| Others | -0.05% | -0.28% | -0.23% |
| EIH Ltd. | 1.37% | 1.14% | -0.23% |
| Multi Commodity Exchange Of India Ltd. | 1.02% | 1.24% | +0.22% |
| Gujarat Energy Ltd. | 0.90% | 1.10% | +0.21% |
| NTPC Ltd. | 2.22% | 2.01% | -0.21% |
| Pricol Ltd. | 1.68% | 1.86% | +0.18% |
| Tata Motors Passenger Vehicles Ltd. | 1.43% | 1.25% | -0.18% |
| Garware Hi-Tech Films Ltd. | 4.44% | 4.26% | -0.18% |
| Jindal Stainless Ltd. | 1.98% | 1.82% | -0.16% |
| Saregama India Ltd. | 1.30% | 1.15% | -0.15% |
| LG Electronics India Ltd. | 1.57% | 1.72% | +0.15% |
| Hindustan Unilever Ltd. | 1.46% | 1.31% | -0.14% |
| Bharti Airtel Ltd. | 1.20% | 1.06% | -0.14% |
| Samvardhana Motherson International Ltd. | 1.48% | 1.61% | +0.13% |
| Divgi TorqTransfer Systems Ltd. | 0.69% | 0.82% | +0.13% |
| Abbott India Ltd. | 1.20% | 1.07% | -0.13% |
| SRF Ltd. | 1.89% | 1.77% | -0.11% |
| MAS Financial Services Ltd. | 1.24% | 1.14% | -0.10% |
| ICICI Bank Ltd. | 3.94% | 3.84% | -0.10% |
| Apollo Hospitals Enterprise Ltd. | 2.21% | 2.12% | -0.10% |
| Shakti Pumps (India) Ltd. | 0.94% | 0.84% | -0.09% |
| Mahindra & Mahindra Ltd. | 1.31% | 1.22% | -0.09% |
| Allied Blenders And Distillers Ltd. | 2.34% | 2.25% | -0.09% |
| Ujjivan Small Finance Bank Ltd. | 1.18% | 1.10% | -0.09% |
| Kotak Mahindra Bank Ltd. | 2.54% | 2.62% | +0.09% |
| Cholamandalam Financial Holdings Ltd. | 1.24% | 1.16% | -0.08% |
| Bikaji Foods International Ltd. | 1.31% | 1.23% | -0.08% |
| Grasim Industries Ltd. | 1.73% | 1.81% | +0.08% |
| Tata Communications Ltd. | 1.60% | 1.68% | +0.08% |
| Ratnamani Metals & Tubes Ltd. | 0.94% | 1.01% | +0.08% |
| Tata Consultancy Services Ltd. | 2.86% | 2.79% | -0.07% |
| Sundaram Finance Ltd. | 1.06% | 0.99% | -0.07% |
| Bharat Bijlee Ltd. | 0.63% | 0.57% | -0.06% |
| Bharat Electronics Ltd. | 2.20% | 2.26% | +0.06% |
| Godfrey Phillips India Ltd. | 1.22% | 1.16% | -0.06% |
| Interglobe Aviation Ltd. | 2.17% | 2.11% | -0.06% |
| Arvind Fashions Ltd. | 1.67% | 1.62% | -0.05% |
| Tata Motors Ltd. | 1.30% | 1.35% | +0.05% |
| Techno Electric & Engineering Company Ltd. | 1.26% | 1.21% | -0.05% |
| Axis Bank Ltd. | 2.59% | 2.63% | +0.05% |
| Sun Pharmaceutical Industries Ltd. | 1.04% | 1.00% | -0.04% |
| Shriram Finance Ltd | 1.91% | 1.95% | +0.04% |
| Bajaj Auto Ltd. | 1.98% | 2.01% | +0.03% |
| GSPL Transmission Ltd. | 0.16% | 0.14% | -0.02% |
| Oil India Ltd. | 1.42% | 1.44% | +0.02% |
| Pidilite Industries Ltd. | 1.93% | 1.94% | +0.02% |
| Vinati Organics Ltd. | 0.74% | 0.72% | -0.01% |
| Radico Khaitan Ltd. | 1.99% | 1.98% | -0.01% |
| Hindustan Aeronautics Ltd. | 1.16% | 1.15% | -0.01% |
| Mphasis Ltd. | 1.53% | 1.52% | 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 | ₹3,279 Cr | 2.24% | -2.3% | 4.2% | 11.4% |
 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% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide long term capital appreciation and dividend distribution by investing predominantly in dividend yielding equity and equity related instruments.
Fund managers
- Dikshit MittalMr. Mittal is a MBA (Finance) - ICFAI Busines School, Hyderabad. B-Tech (Chemical) - Punjab Technical University.Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
- Sumit BhatnagarMr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
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 months18.23% absolute | ₹60,000 | ₹70,938 | 18.23% | |
| 1 year6.91% annualised | ₹1,20,000 | ₹1,24,588 | 3.82% | |
| 3 years16.91% annualised | ₹3,60,000 | ₹4,71,314 | 30.92% | |
| 5 years13.70% annualised | ₹6,00,000 | ₹8,64,729 | 44.12% |
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 LIC MF Dividend Yield Fund?
The NAV of LIC MF Dividend Yield Fund is ₹32.21 as on 25 Sep 2026.
What is the expense ratio of LIC MF Dividend Yield Fund?
The expense ratio of LIC MF Dividend Yield Fund is 2.43% per year.
What is the minimum SIP amount for LIC MF Dividend Yield Fund?
You can start a SIP in LIC MF Dividend Yield Fund with ₹3,000 a month.
What returns has LIC MF Dividend Yield Fund given?
LIC MF Dividend Yield Fund has returned 9.4% over 1 year, 9.1% over 3 years and 14.6% over 5 years (annualised).
Is there a lock-in or exit load on LIC MF Dividend Yield Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months..
How risky is LIC MF Dividend Yield Fund?
LIC MF Dividend Yield Fund is rated Very High on the SEBI riskometer and belongs to the Dividend Yield category.
Which fund house manages LIC MF Dividend Yield Fund?
LIC MF Dividend Yield Fund is managed by LIC Mutual Fund, which runs 33 schemes with ₹50,329 Cr under management.