LIC MF Dividend Yield Fund
Dividend YieldVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹32.55+0.72%1 day
- Return since launch
- 16.1%
- 52-week range
- ₹26.62 — ₹33.16
- AUM
- ₹738 Cr
LIC MF Dividend Yield Fund is a Dividend Yield equity fund from LIC Mutual Fund with ₹738 Cr under management, launched in 2018. Over three years it has returned 8.2% a year, against 12.1% for its category. The expense ratio is 2.44% 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 +4.3% against -3.0% 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% | +9.3 pts | 0.1% | 0.8% |
| 2Y | 7.1% | +4.0 pts | 3.0% | 1.2% |
| 3Y | 8.2% | −3.8 pts | 12.1% | 2.5% |
| 5Y | 14.1% | +2.8 pts | 11.3% | 8.9% |
| 7Y | 16.1% | +1.7 pts | 14.4% | 12.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.0% | −1.7 pts | 5.7% | 6.1% |
| 3M | -1.1% | +0.7 pts | -1.9% | -2.2% |
| 6M | 4.7% | +3.1 pts | 1.6% | 1.6% |
| 1Y | 4.4% | +4.3 pts | 0.1% | -2.6% |
| 2Y | 3.5% | +2.8 pts | 0.8% | -0.7% |
| 3Y | 17.6% | +5.5 pts | 12.1% | 10.4% |
| 5Y | 12.9% | +1.7 pts | 11.3% | 9.5% |
| 7Y | 17.2% | +1.0 pts | 16.2% | 14.7% |
Since launch (3 Dec 2018): 16.1%
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
2.49%
Expense ratio as on 7 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.03%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.40%
- 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 | 5.19 | 1.50 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.13 | 0.93 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.60 | 0.42 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.87 | 0.56 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 18.43 | 15.06 | 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 30 Sep 2026
Asset allocation
- Equity95.0%
- Other5.0%
Market cap split
- Large44.7%
- Mid20.9%
- Small34.4%
- P/E
- 20.80
- P/B
- 3.61
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 4.97% | ₹36.66 Cr | +0.06% | -1.06% | -0.22% |
| HDFC Bank Ltd. | Financial | 4.71% | ₹34.77 Cr | +5.45% | +6.16% | +5.68% |
| Garware Hi-Tech Films Ltd. | Materials | 4.31% | ₹31.81 Cr | +4.21% | +2.63% | +2.07% |
| ICICI Bank Ltd. | Financial | 3.59% | ₹26.47 Cr | +3.83% | +4.15% | +3.54% |
| Avalon Technologies Ltd. | Capital Goods | 3.49% | ₹25.75 Cr | +3.68% | +2.40% | +2.36% |
| Allied Blenders And Distillers Ltd. | Consumer Staples | 2.69% | ₹19.85 Cr | +2.57% | +1.78% | +2.02% |
| Kotak Mahindra Bank Ltd. | Financial | 2.68% | ₹19.80 Cr | +2.29% | +2.38% | +2.96% |
| Axis Bank Ltd. | Financial | 2.55% | ₹18.83 Cr | +2.88% | +3.06% | +2.69% |
| Tata Consultancy Services Ltd. | Technology | 2.45% | ₹18.09 Cr | +2.50% | +3.35% | +2.40% |
| Neuland Laboratories Ltd. | Healthcare | 2.24% | ₹16.52 Cr | +2.00% | +1.60% | +1.59% |
| Bharat Electronics Ltd. | Capital Goods | 2.18% | ₹16.09 Cr | +2.38% | +2.31% | +2.32% |
| LG Electronics India Ltd. | Consumer Discretionary | 2.15% | ₹15.86 Cr | +1.66% | +1.66% | — |
| Interglobe Aviation Ltd. | Services | 2.07% | ₹15.25 Cr | +2.29% | +2.07% | +2.65% |
| NTPC Ltd. | Energy | 2.04% | ₹15.05 Cr | +2.31% | +2.97% | +2.05% |
| Anthem Biosciences Ltd. | Healthcare | 2.02% | ₹14.88 Cr | +1.23% | +1.29% | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 2.00% | ₹14.75 Cr | +2.18% | +2.30% | +2.02% |
| Jindal Stainless Ltd. | Metals & Mining | 2.00% | ₹14.74 Cr | +1.71% | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.98% | ₹14.65 Cr | +1.84% | +1.05% | — |
| Multi Commodity Exchange Of India Ltd. | Services | 1.91% | ₹14.07 Cr | +1.09% | +1.13% | +0.87% |
| Bajaj Auto Ltd. | Automobile | 1.85% | ₹13.67 Cr | +1.51% | +1.68% | +1.68% |
| SRF Ltd. | Chemicals | 1.85% | ₹13.62 Cr | +1.40% | +1.53% | +1.50% |
| Pricol Ltd. | Automobile | 1.78% | ₹13.15 Cr | +1.47% | +0.95% | — |
| Shriram Finance Ltd | Financial | 1.78% | ₹13.13 Cr | +1.94% | +1.75% | +2.02% |
| Azad Engineering Ltd. | Capital Goods | 1.76% | ₹12.98 Cr | +1.25% | +1.12% | +0.98% |
| Pidilite Industries Ltd. | Chemicals | 1.74% | ₹12.81 Cr | +1.94% | +1.93% | — |
| Elecon Engineering Company Ltd. | Capital Goods | 1.70% | ₹12.58 Cr | +0.75% | — | — |
| Grasim Industries Ltd. | Materials | 1.69% | ₹12.45 Cr | +1.75% | +1.79% | +1.89% |
| Oil India Ltd. | Energy | 1.68% | ₹12.38 Cr | +1.31% | +1.68% | +0.81% |
| Tata Communications Ltd. | Communication | 1.66% | ₹12.22 Cr | +1.82% | +1.28% | +1.46% |
| Hyundai Motor India Ltd. | Automobile | 1.61% | ₹11.90 Cr | — | — | — |
| Samvardhana Motherson International Ltd. | Automobile | 1.59% | ₹11.72 Cr | +1.48% | +1.29% | +1.17% |
| Arvind Fashions Ltd. | Textiles | 1.43% | ₹10.53 Cr | +1.78% | +1.72% | +1.95% |
| Mphasis Ltd. | Technology | 1.39% | ₹10.26 Cr | +0.96% | +0.92% | — |
| Hindustan Unilever Ltd. | Consumer Staples | 1.29% | ₹9.53 Cr | +1.49% | +1.49% | +1.65% |
| Techno Electric & Engineering Company Ltd. | Capital Goods | 1.28% | ₹9.46 Cr | +1.38% | +1.59% | +1.56% |
| EIH Ltd. | Services | 1.25% | ₹9.21 Cr | +1.36% | +1.30% | +1.31% |
| Saregama India Ltd. | Services | 1.25% | ₹9.20 Cr | +1.25% | +1.00% | +1.32% |
| Tata Motors Ltd. | Automobile | 1.24% | ₹9.15 Cr | +1.28% | +1.17% | — |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 1.18% | ₹8.70 Cr | +1.50% | +0.60% | — |
| Abbott India Ltd. | Healthcare | 1.16% | ₹8.53 Cr | +1.11% | +1.40% | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 1.15% | ₹8.51 Cr | +1.11% | +1.09% | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.12% | ₹8.30 Cr | +1.20% | +1.43% | +1.84% |
| Cholamandalam Financial Holdings Ltd. | Financial | 1.11% | ₹8.21 Cr | +1.37% | +1.04% | — |
| Ujjivan Small Finance Bank Ltd. | Financial | 1.10% | ₹8.13 Cr | +0.99% | +1.04% | — |
| Gujarat Energy Ltd. | Energy | 1.09% | ₹8.04 Cr | +1.09% | +1.26% | +1.47% |
| MAS Financial Services Ltd. | Financial | 1.09% | ₹8.01 Cr | +1.22% | +1.36% | +1.00% |
| Godfrey Phillips India Ltd. | Consumer Staples | 1.08% | ₹7.93 Cr | +1.27% | +1.35% | +1.94% |
| Ratnamani Metals & Tubes Ltd. | Metals & Mining | 1.07% | ₹7.90 Cr | +0.72% | +0.78% | +0.77% |
| Bharti Airtel Ltd. | Communication | 1.06% | ₹7.80 Cr | +1.14% | +1.36% | — |
| Bikaji Foods International Ltd. | Consumer Staples | 1.06% | ₹7.79 Cr | +1.35% | +1.02% | +1.10% |
| Sundaram Finance Ltd. | Financial | 0.98% | ₹7.24 Cr | +1.04% | +1.25% | +1.48% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.94% | ₹6.93 Cr | +0.99% | +1.15% | +0.74% |
| Divgi TorqTransfer Systems Ltd. | Automobile | 0.84% | ₹6.19 Cr | +0.72% | +0.55% | +0.54% |
| Shakti Pumps (India) Ltd. | Capital Goods | 0.82% | ₹6.08 Cr | +1.07% | +0.85% | +1.37% |
| Vinati Organics Ltd. | Chemicals | 0.65% | ₹4.83 Cr | +0.77% | +0.94% | +1.11% |
| Bharat Bijlee Ltd. | Capital Goods | 0.52% | ₹3.84 Cr | +0.74% | +0.65% | +0.89% |
| GSPL Transmission Ltd. | Energy | 0.16% | ₹1.15 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Avalon Technologies Ltd. | 4.58% | 3.49% | -1.09% |
| Elecon Engineering Company Ltd. | 0.82% | 1.70% | +0.88% |
| DEE Development Engineers Ltd. | 0.75% | 0.00% | -0.75% |
| Multi Commodity Exchange Of India Ltd. | 1.24% | 1.91% | +0.67% |
| Allied Blenders And Distillers Ltd. | 2.25% | 2.69% | +0.44% |
| LG Electronics India Ltd. | 1.72% | 2.15% | +0.43% |
| Tata Consultancy Services Ltd. | 2.79% | 2.45% | -0.34% |
| ICICI Bank Ltd. | 3.84% | 3.59% | -0.25% |
| Oil India Ltd. | 1.44% | 1.68% | +0.24% |
| Pidilite Industries Ltd. | 1.94% | 1.74% | -0.21% |
| Arvind Fashions Ltd. | 1.62% | 1.43% | -0.19% |
| Bikaji Foods International Ltd. | 1.23% | 1.06% | -0.17% |
| Shriram Finance Ltd | 1.95% | 1.78% | -0.17% |
| Jindal Stainless Ltd. | 1.82% | 2.00% | +0.17% |
| Bajaj Auto Ltd. | 2.01% | 1.85% | -0.16% |
| Mphasis Ltd. | 1.52% | 1.39% | -0.13% |
| HDFC Bank Ltd. | 4.58% | 4.71% | +0.13% |
| Apollo Hospitals Enterprise Ltd. | 2.12% | 2.00% | -0.12% |
| Grasim Industries Ltd. | 1.81% | 1.69% | -0.12% |
| EIH Ltd. | 1.14% | 1.25% | +0.11% |
| Azad Engineering Ltd. | 1.65% | 1.76% | +0.11% |
| Tata Motors Ltd. | 1.35% | 1.24% | -0.11% |
| Neuland Laboratories Ltd. | 2.34% | 2.24% | -0.11% |
| Saregama India Ltd. | 1.15% | 1.25% | +0.10% |
| Mahindra & Mahindra Ltd. | 1.22% | 1.12% | -0.09% |
| Hyundai Motor India Ltd. | 1.70% | 1.61% | -0.09% |
| Godfrey Phillips India Ltd. | 1.16% | 1.08% | -0.09% |
| Abbott India Ltd. | 1.07% | 1.16% | +0.09% |
| Others | -0.28% | -0.19% | +0.08% |
| Bharat Electronics Ltd. | 2.26% | 2.18% | -0.08% |
| Pricol Ltd. | 1.86% | 1.78% | -0.08% |
| Axis Bank Ltd. | 2.63% | 2.55% | -0.08% |
| SRF Ltd. | 1.77% | 1.85% | +0.07% |
| Vinati Organics Ltd. | 0.72% | 0.65% | -0.07% |
| Tata Motors Passenger Vehicles Ltd. | 1.25% | 1.18% | -0.07% |
| Techno Electric & Engineering Company Ltd. | 1.21% | 1.28% | +0.07% |
| Kotak Mahindra Bank Ltd. | 2.62% | 2.68% | +0.06% |
| Ratnamani Metals & Tubes Ltd. | 1.01% | 1.07% | +0.06% |
| Sun Pharmaceutical Industries Ltd. | 1.00% | 0.94% | -0.06% |
| MAS Financial Services Ltd. | 1.14% | 1.09% | -0.05% |
| Bharat Bijlee Ltd. | 0.57% | 0.52% | -0.05% |
| Garware Hi-Tech Films Ltd. | 4.26% | 4.31% | +0.05% |
| Cholamandalam Financial Holdings Ltd. | 1.16% | 1.11% | -0.05% |
| Interglobe Aviation Ltd. | 2.11% | 2.07% | -0.04% |
| NTPC Ltd. | 2.01% | 2.04% | +0.03% |
| Samvardhana Motherson International Ltd. | 1.61% | 1.59% | -0.03% |
| Hindustan Unilever Ltd. | 1.31% | 1.29% | -0.02% |
| Anthem Biosciences Ltd. | 2.04% | 2.02% | -0.02% |
| Shakti Pumps (India) Ltd. | 0.84% | 0.82% | -0.02% |
| Divgi TorqTransfer Systems Ltd. | 0.82% | 0.84% | +0.02% |
| Tata Communications Ltd. | 1.68% | 1.66% | -0.02% |
| Gujarat Energy Ltd. | 1.10% | 1.09% | -0.01% |
| GSPL Transmission Ltd. | 0.14% | 0.16% | +0.01% |
| Sundaram Finance Ltd. | 0.99% | 0.98% | -0.01% |
| Ujjivan Small Finance Bank Ltd. | 1.10% | 1.10% | +0.01% |
| Radico Khaitan Ltd. | 1.98% | 1.98% | 0.00% |
| Bharti Airtel Ltd. | 1.06% | 1.06% | 0.00% |
| Hindustan Aeronautics Ltd. | 1.15% | 1.15% | 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 | ₹4,683 Cr | 2.05% | 3.2% | 5.2% | 11.7% |
 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% |
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
- 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 months4.71% absolute | ₹60,000 | ₹62,826 | 4.71% | |
| 1 year4.41% annualised | ₹1,20,000 | ₹1,22,905 | 2.42% | |
| 3 years17.55% annualised | ₹3,60,000 | ₹4,76,304 | 32.31% | |
| 5 years12.95% annualised | ₹6,00,000 | ₹8,46,856 | 41.14% |
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 ₹32.55 as on 9 Nov 2026.
What is the expense ratio of LIC MF Dividend Yield Fund?
The expense ratio of LIC MF Dividend Yield Fund is 2.44% 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, 8.2% over 3 years and 14.1% 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 ₹50,860 Cr under management.