LIC MF Dividend Yield Fund Direct Growth

LIC MF Dividend Yield Fund Direct Growth

Equity

LIC Mutual Fund

Dividend Yield

Get the latest NAV of LIC MF Dividend Yield Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹33.56

▲0.4%1D

NAV as on 14 Jul 2025

20.26%/per year

Since Inception

Absolute Gain%

▲▼

321 people have invested ₹ 12.6L in LIC MF Dividend Yield Fund Direct Growth in the last three months

LIC MF Dividend Yield Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (14-Jul-25)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
0.88%
1.76%
1.6%
3 Months
13.89%
12.32%
10.6%
6 Months
8.41%
8.51%
6.12%
1 Year
3%
0.92%
-1.23%
3 Years
27.06%
19.37%
23.71%
5 Years
25.83%
21.81%
24.7%

LIC MF Dividend Yield Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

2
/6
69% Performance
17% Risk Management
87% Cost

Ranked 2 out of 6 mutual funds in the dividend yield category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
LIC MF Dividend Yield Fund
2/6
613Cr
0.66%
3%
27.06%
20.26%
ICICI Prudential Dividend Yield Equity Fund Direct Growth
1/6
5,645Cr
0.58%
4.78%
29.39%
17.16%
ICICI Prudential Dividend Yield Equity Fund Direct Growth
1/6
5,645Cr
0.58%
4.78%
29.39%
17.16%
HDFC Dividend Yield Fund Direct Growth
3/6
6,597Cr
0.7%
-0.93%
24.72%
23.97%
See all
Positive: Outperformed benchmarks during bull run
Outperformed benchmarks during bull run
Positive: 3Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: Highly volatile within category
Highly volatile within category
Negative: Poor track record of protecting capital in bear phase
Poor track record of protecting capital in bear phase
Negative: Poor track record of Recovering losses quickly
Poor track record of Recovering losses quickly

LIC MF Dividend Yield Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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LIC MF Dividend Yield Fund Asset Allocation

See fund asset allocation details as on (14-Jul-25)

Fund Distribution

as on (14-Jul-25)

Equity 96.3%

Debt & Cash 3.7%

Large cap
45.8%
Small cap
38.5%
Mid cap
12%
Mid Cap allocation has gone up from 11% to 12%
Mid Cap allocation has gone up from 11% to 12%
Large Cap allocation has gone down from 46% to 45.8%
Large Cap allocation has gone down from 46% to 45.8%
Small Cap allocation has gone down from 40% to 38.5%
Small Cap allocation has gone down from 40% to 38.5%
Cash allocation has gone up from 2.9% to 3.7%
Cash allocation has gone up from 2.9% to 3.7%

LIC MF Dividend Yield Fund Sector Allocation

See fund sector allocation details as on (14-Jul-25)

Sector Allocation

Equity 96.3%

Debt & Cash 3.7%

Financial Services
24.5%
Consumer Cyclical
15.6%
Industrial
15.5%
Basic Materials
11.9%
Consumer Defensive
10.1%
Tech
9.9%
Utilities
5.5%
Communication
3%
Health
1.6%
Energy
1.4%
Real Estate
1.1%

Top 3 Sectors in June were Financial Services, Industrial & Basic Materials

Jun'25

Financial Services

26%

Industrial

18%

Basic Materials

13%

May'25

Financial Services

26%

Industrial

18%

Basic Materials

13%

LIC MF Dividend Yield Fund Holdings Details

as on (30-Jun-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
5.06%
10.4%
Kotak Mahindra Bank Ltd
4.18%
22.4%
Garware Hi-Tech Films Ltd
3.17%
0%
Tata Consultancy Services Ltd
3.09%
0%
ICICI Bank Ltd
3%
18%
See all
Top Stocks bought last month
Kotak Mahindra Bank Ltd's allocation increased from 3.59% to 4.18%
Kotak Mahindra Bank Ltd's allocation increased from 3.59% to 4.18%
Mahindra & Mahindra Ltd's allocation increased from 1.39% to 1.74%
Mahindra & Mahindra Ltd's allocation increased from 1.39% to 1.74%
Avalon Technologies Ltd's allocation increased from 1.61% to 1.93%
Avalon Technologies Ltd's allocation increased from 1.61% to 1.93%
Top Stocks sold last month
Garware Hi-Tech Films Ltd's allocation decreased from 3.89 % to 3.17 %
Garware Hi-Tech Films Ltd's allocation decreased from 3.89 % to 3.17 %
Tata Consultancy Services Ltd's allocation decreased from 3.39 % to 3.09 %
Tata Consultancy Services Ltd's allocation decreased from 3.39 % to 3.09 %
Power Finance Corp Ltd's allocation decreased from 2.23 % to 2.14 %
Power Finance Corp Ltd's allocation decreased from 2.23 % to 2.14 %

LIC MF Dividend Yield Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.66%
Benchmark
Nifty 500 TR INR
AUM₹613 Cr
Inception Date21 December, 2018
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
456.7%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About LIC MF Dividend Yield Fund

LIC MF Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 21 December, 2018. The fund is managed by Karan Doshi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Dividend Yield Fund Direct Growth has ₹613 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

LIC MF Dividend Yield Fund Direct Growth has given a CAGR return of 20.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.00%, 27.06% and 25.83% respectively.

Holdings

LIC MF Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Consumer Cyclical, Consumer Defensive, Tech, Health, Utilities, Communication, Energy, Real Estate. Its top holdings are HDFC Bank Ltd, Kotak Mahindra Bank Ltd, Garware Hi-Tech Films Ltd, Tata Consultancy Services Ltd, ICICI Bank Ltd

Taxation

As it is a dividend yield mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of LIC MF Dividend Yield Fund Direct Growth

The Investment objective of the Scheme is to provide long term capital appreciation and/or dividend distribution by investing predominantly in dividend yielding equity and equity related instruments. However there can be no assurance that the investment objective under the scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Dividend Yield Fund Direct Growth has no lock in period.

Fund Manager

Karan Doshi

Fund Manager of LIC MF Dividend Yield Fund Direct Growth, since 1 July 2024

Learn more about LIC Mutual Fund
Parameters
Jun'25
May'25
Apr'25
AUM
₹ 613.3 Cr
₹ 559.8 Cr
₹ 509.4 Cr
  • AUM of the fund stands at 613.3 Cr as of Jun'25
  • AUM increased by 53.5 Cr between Jun'25 and May'25

Compare LIC MF Dividend Yield Fund

LIC MF Dividend Yield Fund

VS

HDFC Dividend Yield Fund Direct Growth

Frequently Asked Questions for LIC MF Dividend Yield Fund Direct Growth

How do I invest in LIC MF Dividend Yield Fund?

INDmoney makes it simple to invest in the LIC MF Dividend Yield Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘LIC MF Dividend Yield Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of LIC MF Dividend Yield Fund?

The NAV of the fund today is ₹33.56. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

LIC MF Dividend Yield Fund fund has generated a return of 3.00% in 1 year, 27.06% in 3 years, 25.83% in 5 years.

Who is the fund manager of LIC MF Dividend Yield Fund?

The fund managers are Karan Doshi.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.66%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹613 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of LIC MF Dividend Yield Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(5.06%), Kotak Mahindra Bank Ltd(4.18%), Garware Hi-Tech Films Ltd(3.17%)