LIC MF Dividend Yield Fund Direct Reinvestment of Income Distribution cum Cap wdrl

LIC MF Dividend Yield Fund Direct Reinvestment of Income Distribution cum Cap wdrl 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.

1. LIC MF Dividend Yield Fund Direct Reinvestment of Income Distribution cum Cap wdrl has ₹509 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 0.7.
   

LIC MF Dividend Yield Fund Direct Reinvestment of Income Distribution cum Cap wdrl has given a CAGR return of 20.40% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.47%, 26.90% and 27.41% respectively.

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

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.

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 for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Dividend Yield Fund Direct Reinvestment of Income Distribution cum Cap wdrl has no lock in period.