# LIC MF Dividend Yield Fund

LIC Mutual Fund Asset Management Limited · Dividend Yield · Regular plan, Growth

Full page with charts: https://discovermf.com/funds/lic-mf-dividend-yield-fund-152019
Figures as of 3 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

## In short

- **What it invests in:** Companies that pay high dividends. Its latest portfolio: 95% shares and 5% cash.
- **₹10,000 a month:** For the last 3 years: ₹3.6 lakh put in, worth ₹3.93 lakh on 3 Nov 2026.
- **Next to similar funds:** Over the last 3 years it earned 16.6% a year; similar funds earned 11.2% a year on average.
- **How bumpy:** Very high: big ups and downs, sometimes sharp falls. It made money in 84 of every 100 one-year stretches; its worst 12 months saw a fall of 7.9%.
- **Expense ratio:** 2.50% a year. Similar funds: 2.39% on average.
- **Fees and minimums:** A SIP from ₹100 a month. No fee for selling early.

Past returns do not tell you future returns.

## Key facts

- **NAV:** ₹31.26 on 3 Nov 2026
- **Fund size:** ₹722 cr (2 Nov 2026)
- **Expense ratio:** 2.50% a year (typical in its category 2.39%)
- **Riskometer:** Very High
- **Benchmark:** Nifty 500 TRI
- **Category:** [Dividend Yield](https://discovermf.com/categories/dividend-yield.md)
- **Fund house:** [LIC Mutual Fund Asset Management Limited](https://discovermf.com/fund-houses/lic)
- **Launched:** 21 Dec 2018 (prices here start 31 Jul 2023)
- **Exit load:** Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 12 months from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 12 months from the date of allotment.
- **Minimum investment:** ₹5,000 to start, ₹100 a month by SIP
- **AMFI scheme code:** 152019

## Returns

| Period | Fund | Category average | Benchmark | Rank in category |
| --- | --- | --- | --- | --- |
| 1 month | -0.4% | — | — | — |
| 3 months | -4.4% | — | — | — |
| 6 months | +3.0% | — | — | — |
| 1 year | -1.9% | -4.6% | -4.6% | 3 of 10 |
| 3 years (a year) | +16.6% | +11.2% | +10.9% | 1 of 9 |
| 5 years (a year) | — | +10.9% | +9.1% | — |
| Since 31 Jul 2023 (a year) | +15.3% | — | — | — |

### Calendar years

| Year | Fund | Benchmark |
| --- | --- | --- |
| 2026 | +0.8% | -4.9% |
| 2025 | +2.6% | +7.8% |
| 2024 | +31.8% | +16.2% |

### A ₹10,000 monthly SIP

On the first price of each month, valued at the NAV of 3 Nov 2026.

| Started | Put in | Worth | Yearly return (XIRR) |
| --- | --- | --- | --- |
| 3 years ago | ₹3.6 lakh | ₹3.93 lakh | +5.8% |

## Risk

| Measure | Fund | Category average |
| --- | --- | --- |
| Volatility, last year | 15.7% | 12.8% |
| Worst fall, last year | -18.7% | — |
| Worst fall, last 3 years | -20.9% | — |
| Sharpe ratio, 3 years | 0.66 | — |
| Sortino ratio, 3 years | 0.90 | — |
| Beta, 3 years | 1.05 | — |
| Alpha, 3 years | +5.5% | — |

## Portfolio, September 2026

58 holdings. Equity 95.1%, Cash and equivalents 5.0%.

### Largest holdings

| Holding | Sector or type | Weight |
| --- | --- | --- |
| Treps | Cash | 5.16% |
| HDFC Bank Ltd. | Banks | 4.71% |
| Garware Hi-Tech Films Ltd. | Industrial Products | 4.31% |
| ICICI Bank Ltd. | Banks | 3.59% |
| Avalon Technologies Ltd. | Electrical Equipment | 3.49% |
| Allied Blenders And Distillers Ltd. | Beverages | 2.69% |
| Kotak Mahindra Bank Ltd. | Banks | 2.68% |
| Axis Bank Ltd. | Banks | 2.55% |
| Tata Consultancy Services Ltd. | IT - Software | 2.45% |
| Neuland Laboratories Ltd. | Pharmaceuticals & Biotechnology | 2.24% |

### Largest sectors

| Sector | Weight |
| --- | --- |
| Banks | 14.6% |
| Electrical Equipment | 7.5% |
| Pharmaceuticals & Biotechnology | 6.4% |
| Industrial Products | 6.2% |
| Automobiles | 5.8% |

## Managers

- [Dikshit Mittal](https://discovermf.com/fund-managers/dikshit-mittal), since 31 Jul 2023
- [Sumit Bhatnagar](https://discovermf.com/fund-managers/sumit-bhatnagar), since 1 Sept 2026

## Objective

The Investment objective of the Scheme is to provide long term capital appreciation and/or Income Distribution cum Capital Withdrawal (IDCW) distribution by investing predominantly in dividend yielding equity and equity related instruments. There is no assurance that the investment objective of the Scheme will be achieved.