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.

₹33.96

▲0.7%1D

NAV as on 16 Sep 2025

19.9%/per year

Since Inception

Absolute Gain%

▲▼

434 people have invested ₹ 65.7L 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 (16-Sep-25)

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

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
4.84%
1.3%
19.15%
-1.77%
23.12%
22.93%
Nifty 500
3.04%
1.19%
15.83%
-2.5%
15.31%
19.39%
Dividend Yield Avg
3.3%
1.48%
13.39%
-4.38%
20.34%
22.51%
Best in Dividend Yield
4.09%
3.06%
18.56%
1.58%
24.84%
30.05%
Worst in Dividend Yield
1.89%
-0.36%
7.49%
-8.28%
17.13%
20.47%
Category Rank
2/6
2/6
2/6
3/6
--
--

LIC MF Dividend Yield Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

2
/6
57% Performance
16% Risk Management
77% 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
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
LIC MF Dividend Yield Fund
2/6
639Cr
0.75%
-1.77%
23.12%
5.00
1.07
0.90
1.54
1.26
ICICI Prudential Dividend Yield Equity Fund Direct Growth
1/6
5,779Cr
0.57%
1.98%
25.92%
9.19
0.86
1.31
2.50
1.98
HDFC Dividend Yield Fund Direct Growth
3/6
6,329Cr
0.69%
-3.91%
20.73%
3.97
0.98
0.88
1.47
1.33
UTI Dividend Yield Fund Direct Growth
4/6
3,794Cr
1.48%
-3.28%
21.58%
4.62
0.94
0.91
1.56
0.99
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
▲
▼

LIC MF Dividend Yield Fund Asset Allocation

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

Fund Distribution

as on (14-Sep-25)

Large cap
49.1%
Small cap
34.6%
Mid cap
14%
Small Cap allocation has gone up from 34.2% to 34.6%
Small Cap allocation has gone up from 34.2% to 34.6%
Mid Cap allocation has gone down from 14.3% to 14%
Mid Cap allocation has gone down from 14.3% to 14%
Large Cap allocation has gone up from 47.8% to 49.1%
Large Cap allocation has gone up from 47.8% to 49.1%
Cash allocation has gone down from 3.7% to 2.3%
Cash allocation has gone down from 3.7% to 2.3%

LIC MF Dividend Yield Fund Sector Allocation

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

Sector Allocation

Financial Services
27.3%
Industrial
16.4%
Consumer Cyclical
12.9%
Basic Materials
11.4%
Consumer Defensive
9.4%
Tech
9.1%
Utilities
5.7%
Communication
2.9%
Energy
2.5%
Health
1.6%
Real Estate
0.8%

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

Aug'25

Financial Services

24%

Industrial

19%

Consumer Cyclical

13%

Jul'25

Financial Services

25%

Industrial

17%

Basic Materials

13%

LIC MF Dividend Yield Fund Holdings Details

as on (31-Aug-25)

Holdings
Weight%
1M Change
HDFC Bank Ltd
5.34%
4.9%
ICICI Bank Ltd
3.26%
0%
Kotak Mahindra Bank Ltd
3.01%
0%
InterGlobe Aviation Ltd
2.76%
74.5%
Tata Consultancy Services Ltd
2.64%
0%
See all
Top Stocks bought last month
InterGlobe Aviation Ltd's allocation increased from 1.66% to 2.76%
InterGlobe Aviation Ltd's allocation increased from 1.66% to 2.76%
Bajaj Auto Ltd's allocation increased from 1.25% to 1.72%
Bajaj Auto Ltd's allocation increased from 1.25% to 1.72%
NTPC Ltd's allocation increased from 1.57% to 2.04%
NTPC Ltd's allocation increased from 1.57% to 2.04%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 5.4 % to 5.34 %
HDFC Bank Ltd's allocation decreased from 5.4 % to 5.34 %
ICICI Bank Ltd's allocation decreased from 3.46 % to 3.26 %
ICICI Bank Ltd's allocation decreased from 3.46 % to 3.26 %
Kotak Mahindra Bank Ltd's allocation decreased from 3.03 % to 3.01 %
Kotak Mahindra Bank Ltd's allocation decreased from 3.03 % to 3.01 %

LIC MF Dividend Yield Fund Direct Growth Overview

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

Expense ratio0.75%
Benchmark
Nifty 500 TR INR
AUM₹639 Cr
Inception Date21 December, 2018
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
65.62%
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, Dikshit Mittal. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Dividend Yield Fund Direct Growth has ₹639 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

LIC MF Dividend Yield Fund Direct Growth has given a CAGR return of 19.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -1.77%, 23.12% and 22.93% respectively.

Holdings

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

Dikshit Mittal

Fund Manager of LIC MF Dividend Yield Fund Direct Growth, since 31 July 2023

Learn more about LIC Mutual Fund
Parameters
Aug'25
Jul'25
Jun'25
AUM
₹ 639.3 Cr
₹ 639.8 Cr
₹ 613.3 Cr
  • AUM of the fund stands at 639.3 Cr as of Aug'25
  • AUM decreased by 0.5 Cr between Aug'25 and Jul'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 ₹33.96. 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 -1.77% in 1 year, 23.12% in 3 years, 22.93% in 5 years.

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

The fund managers are Karan Doshi, Dikshit Mittal.

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 0.75%. 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 ₹639 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(5.34%), ICICI Bank Ltd(3.26%), Kotak Mahindra Bank Ltd(3.01%)