LIC MF Dividend Yield Fund Direct Growth

Fund Overview

Fund Size

₹686 Cr

Expense Ratio

1.05%

ISIN

INF397L01LC1

Minimum SIP

₹500

Exit Load

1.00%

Inception Date

21 Dec 2018

About this fund

LIC MF Dividend Yield Fund Direct Growth is a Dividend Yield mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 7 years, 5 months and 22 days, having been launched on 21-Dec-18.
As of 11-Jun-26, it has a Net Asset Value (NAV) of ₹33.73, Assets Under Management (AUM) of 686.06 Crores, and an expense ratio of 1.05%.

LIC MF Dividend Yield Fund Direct Growth has given a CAGR return of 17.67% since inception.
The fund's asset allocation comprises around 96.64% in equities, 0.00% in debts, and 3.36% in cash & cash equivalents.
You can start investing in LIC MF Dividend Yield Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

-0.19%

— (Cat Avg.)

3 Years

+20.72%

+15.21% (Cat Avg.)

5 Years

+16.27%

+14.30% (Cat Avg.)

Since Inception

+17.67%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2026

Equity	₹663.04 Cr	96.64%
Others	₹23.02 Cr	3.36%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹36.53 Cr	5.32%
Garware Hi-Tech Films Ltd	Equity	₹27.74 Cr	4.04%
ICICI Bank Ltd	Equity	₹25.16 Cr	3.67%
Treps	Cash - Repurchase Agreement	₹24.26 Cr	3.54%
Avalon Technologies Ltd	Equity	₹22.89 Cr	3.34%
Axis Bank Ltd	Equity	₹19.76 Cr	2.88%
Tata Consultancy Services Ltd	Equity	₹18.68 Cr	2.72%
NTPC Ltd	Equity	₹18.04 Cr	2.63%
Bharat Electronics Ltd	Equity	₹17.02 Cr	2.48%
Allied Blenders and Distillers Ltd	Equity	₹15.41 Cr	2.25%
Kotak Mahindra Bank Ltd	Equity	₹15.09 Cr	2.20%
Apollo Hospitals Enterprise Ltd	Equity	₹14.77 Cr	2.15%
InterGlobe Aviation Ltd	Equity	₹13.48 Cr	1.96%
Neuland Laboratories Ltd	Equity	₹13.22 Cr	1.93%
Tata Communications Ltd	Equity	₹13.05 Cr	1.90%
Pidilite Industries Ltd	Equity	₹12.96 Cr	1.89%
Grasim Industries Ltd	Equity	₹12.7 Cr	1.85%
Shriram Finance Ltd	Equity	₹12.66 Cr	1.84%
Tata Motors Passenger Vehicles Ltd	Equity	₹12.08 Cr	1.76%
DEE Development Engineers Ltd	Equity	₹11.9 Cr	1.73%
Radico Khaitan Ltd	Equity	₹11.8 Cr	1.72%
LG Electronics India Ltd	Equity	₹11.73 Cr	1.71%
Bajaj Auto Ltd	Equity	₹11.66 Cr	1.70%
Arvind Fashions Ltd	Equity	₹11.46 Cr	1.67%
Hindustan Unilever Ltd	Equity	₹10.92 Cr	1.59%
Oil India Ltd	Equity	₹10.75 Cr	1.57%
Samvardhana Motherson International Ltd	Equity	₹10.46 Cr	1.52%
Techno Electric & Engineering Co Ltd	Equity	₹10.12 Cr	1.48%
SRF Ltd	Equity	₹9.94 Cr	1.45%
Pricol Ltd	Equity	₹9.89 Cr	1.44%
Godfrey Phillips India Ltd	Equity	₹9.57 Cr	1.40%
Gujarat Energy Ltd	Equity	₹9.57 Cr	1.40%
Cholamandalam Financial Holdings Ltd	Equity	₹9.37 Cr	1.37%
EIH Ltd	Equity	₹9.06 Cr	1.32%
Azad Engineering Ltd	Equity	₹8.84 Cr	1.29%
MAS Financial Services Ltd Ordinary Shares	Equity	₹8.75 Cr	1.28%
Anthem Biosciences Ltd	Equity	₹8.72 Cr	1.27%
Mahindra & Mahindra Ltd	Equity	₹8.57 Cr	1.25%
Abbott India Ltd	Equity	₹8.45 Cr	1.23%
Maruti Suzuki India Ltd	Equity	₹8.34 Cr	1.21%
Tata Motors Ltd	Equity	₹8.24 Cr	1.20%
Bikaji Foods International Ltd	Equity	₹8.18 Cr	1.19%
Multi Commodity Exchange of India Ltd	Equity	₹8.17 Cr	1.19%
Bharti Airtel Ltd	Equity	₹8.12 Cr	1.18%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹7.84 Cr	1.14%
Surya Roshni Ltd	Equity	₹7.79 Cr	1.14%
Saregama India Ltd	Equity	₹7.71 Cr	1.12%
ISGEC Heavy Engineering Ltd	Equity	₹7.13 Cr	1.04%
Sundaram Finance Ltd	Equity	₹6.97 Cr	1.02%
Shakti Pumps (India) Ltd	Equity	₹6.91 Cr	1.01%
Sun Pharmaceuticals Industries Ltd	Equity	₹6.86 Cr	1.00%
Ujjivan Small Finance Bank Ltd Ordinary Shares	Equity	₹6.52 Cr	0.95%
RHI Magnesita India Ltd	Equity	₹6.15 Cr	0.90%
Mphasis Ltd	Equity	₹5.95 Cr	0.87%
Vinati Organics Ltd	Equity	₹5.38 Cr	0.78%
Ratnamani Metals & Tubes Ltd	Equity	₹5.25 Cr	0.76%
L&T Technology Services Ltd	Equity	₹5.16 Cr	0.75%
Bharat Bijlee Ltd	Equity	₹5.1 Cr	0.74%
Maharashtra Seamless Ltd	Equity	₹4.25 Cr	0.62%
Divgi TorqTransfer Systems Ltd	Equity	₹4.25 Cr	0.62%
Net Receivables / (Payables)	Cash - Collateral	₹-1.24 Cr	0.18%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹148.99 Cr	21.72%
Industrials	₹104.43 Cr	15.22%
Consumer Cyclical	₹94 Cr	13.70%
Basic Materials	₹76.07 Cr	11.09%
Technology	₹64.41 Cr	9.39%
Consumer Defensive	₹55.89 Cr	8.15%
Healthcare	₹52.02 Cr	7.58%
Communication Services	₹28.87 Cr	4.21%
Utilities	₹27.61 Cr	4.02%
Energy	₹10.75 Cr	1.57%

Risk & Performance Ratios

Fund Managers

Dikshit Mittal

Since July 2023

Additional Scheme Detailsas of 31st May 2026

ISIN

INF397L01LC1

Expense Ratio

1.05%

Exit Load

1.00%

Fund Size

₹686 Cr

Age

7 years 5 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dividend Yield Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Dividend Yield Fund Direct Growth Very High Risk	0.9%	1.0%	₹228.21 Cr	-
Kotak Dividend Yield Fund Regular Growth Very High Risk	2.5%	1.0%	₹228.21 Cr	-
Baroda BNP Paribas Dividend Yield Fund Direct Growth Very High Risk	1.0%	1.0%	₹644.96 Cr	-3.4%
Baroda BNP Paribas Dividend Yield Fund Regular Growth Very High Risk	2.0%	1.0%	₹644.96 Cr	-4.8%
Sundaram Dividend Yield Fund Direct Growth Very High Risk	1.1%	1.0%	₹855.65 Cr	-4.8%
UTI Dividend Yield Fund Direct Growth Very High Risk	1.9%	1.0%	₹3697.48 Cr	-2.9%
Aditya Birla Sun Life Dividend Yield Fund Direct Growth Very High Risk	1.1%	1.0%	₹1475.17 Cr	-1.6%
Templeton India Equity Income Fund Direct Growth Very High Risk	1.1%	1.0%	₹2305.75 Cr	-2.8%
HDFC Dividend Yield Fund Regular Growth Very High Risk	1.8%	1.0%	₹5687.16 Cr	-4.7%
HDFC Dividend Yield Fund Direct Growth Very High Risk	0.8%	1.0%	₹5687.16 Cr	-3.7%
ICICI Prudential Dividend Yield Equity Fund Direct Growth Very High Risk	0.5%	1.0%	₹6458.00 Cr	-0.9%
ICICI Prudential Dividend Yield Equity Fund Regular Growth Very High Risk	1.6%	1.0%	₹6458.00 Cr	-2.2%
Aditya Birla Sun Life Dividend Yield Fund Regular Growth Very High Risk	1.8%	1.0%	₹1475.17 Cr	-2.4%
Sundaram Dividend Yield Fund Regular Growth Very High Risk	2.3%	1.0%	₹855.65 Cr	-6.0%
SBI Dividend Yield Fund Direct Growth Very High Risk	0.8%	1.0%	₹8309.93 Cr	-1.5%
SBI Dividend Yield Fund Regular Growth Very High Risk	1.8%	1.0%	₹8309.93 Cr	-2.5%
Tata Dividend Yield Fund Regular Growth Very High Risk	1.9%	0.0%	₹1068.11 Cr	3.2%
Tata Dividend Yield Fund Direct Growth Very High Risk	0.6%	0.0%	₹1068.11 Cr	4.9%
Templeton India Equity Income Fund Regular Growth Very High Risk	1.7%	1.0%	₹2305.75 Cr	-3.6%
UTI Dividend Yield Fund Regular Growth Very High Risk	2.4%	1.0%	₹3697.48 Cr	-3.4%
LIC MF Dividend Yield Fund Regular Growth Very High Risk	2.5%	1.0%	₹686.06 Cr	-1.8%
LIC MF Dividend Yield Fund Direct Growth Very High Risk	1.1%	1.0%	₹686.06 Cr	-0.2%
Nippon India ETF Nifty Dividend Opportunities 50 Very High Risk	0.3%	-	₹69.72 Cr	-6.2%

About the AMC

LIC Mutual Fund

+91 022-66016000

https://www.licmf.com/

Total AUM

₹48,681 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
LIC MF Technology Fund Direct Growth Very High Risk	0.7%	1.0%	₹85.82 Cr	-
LIC MF Consumption Fund Direct Growth Very High Risk	2.8%	1.0%	₹467.21 Cr	-
LIC MF Multi Asset Allocation Fund Regular Growth Very High Risk	2.5%	1.0%	₹963.62 Cr	5.9%
LIC MF Manufacturing Fund Direct Growth Very High Risk	0.9%	1.0%	₹766.15 Cr	8.6%
LIC MF Large & Mid Cap Fund Direct Growth Very High Risk	2.3%	1.0%	₹2982.85 Cr	-7.4%
LIC MF Aggressive Hybrid Fund Direct Growth Very High Risk	1.3%	1.0%	₹512.31 Cr	-2.9%
LIC MF Medium to Long Duration Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹185.18 Cr	3.1%
LIC MF Flexi Cap Fund Direct Growth Very High Risk	2.4%	1.0%	₹997.23 Cr	-0.6%
LIC MF Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹44.55 Cr	-0.0%
LIC MF Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1847.53 Cr	4.6%
LIC MF Large Cap Fund Direct Growth Very High Risk	2.4%	1.0%	₹1330.22 Cr	-9.8%
LIC MF Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1753.10 Cr	6.1%
LIC MF S & P Sensex Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹88.27 Cr	-10.2%
LIC MF Nifty 50 Index Fund Direct Growth Very High Risk	0.6%	0.0%	₹355.59 Cr	-7.5%
LIC MF Infrastructure Fund Direct Growth Very High Risk	0.8%	1.0%	₹1099.20 Cr	4.2%
LIC MF Liquid Plan Direct Growth Moderate Risk	0.1%	0.0%	₹18897.89 Cr	6.2%
LIC MF ELSS Direct Growth Very High Risk	1.0%	0.0%	₹977.52 Cr	-8.9%
LIC MF Gold ETF FOF Direct Growth High Risk	0.4%	1.0%	₹824.14 Cr	46.8%
LIC MF Equity Savings Fund Direct Growth Moderate Risk	1.3%	1.0%	₹35.10 Cr	0.9%
LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹105.91 Cr	0.2%
LIC MF Short Duration Fund Direct Growth Low to Moderate Risk	0.7%	0.0%	₹137.33 Cr	5.4%
LIC MF Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹239.22 Cr	6.4%
LIC MF Balanced Advantage Fund Direct Growth Very High Risk	0.9%	1.0%	₹675.48 Cr	-6.4%
LIC MF Focused 30 Equity Direct Growth Very High Risk	4.4%	1.0%	₹163.45 Cr	-8.7%
LIC MF Long Term Value Fund Direct Growth Very High Risk	1.8%	1.0%	₹217.99 Cr	8.3%
LIC MF Healthcare Fund Direct Growth Very High Risk	1.1%	1.0%	₹88.96 Cr	8.2%
LIC MF Small Cap Fund Direct Growth Very High Risk	1.5%	1.0%	₹694.93 Cr	3.1%
LIC MF Conservative Hybrid Fund Direct Growth Moderately High risk	1.2%	1.0%	₹45.99 Cr	1.3%
LIC MF Midcap Fund Direct Growth Very High Risk	1.3%	1.0%	₹357.11 Cr	-2.4%
LIC MF Banking & Financial Services Fund Direct Growth Very High Risk	1.2%	1.0%	₹256.29 Cr	-3.8%
LIC MF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹5604.30 Cr	6.2%
LIC MF Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹1058.36 Cr	5.3%
LIC MF Multi Cap Fund Direct Growth Very High Risk	1.8%	1.0%	₹1930.43 Cr	1.3%
LIC MF Dividend Yield Fund Direct Growth Very High Risk	1.1%	1.0%	₹686.06 Cr	-0.2%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹409.64 Cr	6.3%

Risk Level

Your principal amount will be at Very High Risk

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

The NAV of LIC MF Dividend Yield Fund Direct Growth, as of 11-Jun-2026, is ₹33.73.

What are the returns of LIC MF Dividend Yield Fund Direct Growth?

The fund has generated -0.19% over the last 1 year and 20.72% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of LIC MF Dividend Yield Fund Direct Growth?

The fund's allocation of assets is distributed as 96.64% in equities, 0.00% in bonds, and 3.36% in cash and cash equivalents.

Who manages the LIC MF Dividend Yield Fund Direct Growth?

The fund managers responsible for LIC MF Dividend Yield Fund Direct Growth are:-

Dikshit Mittal

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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LIC MF Dividend Yield Fund Direct Growth

Fund Overview