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Fund Overview

Fund Size

Fund Size

₹129 Cr

Expense Ratio

Expense Ratio

1.44%

ISIN

ISIN

INF397L01LC1

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

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 5 years, 3 months and 27 days, having been launched on 21-Dec-18.
As of 16-Apr-24, it has a Net Asset Value (NAV) of ₹27.16, Assets Under Management (AUM) of 129.23 Crores, and an expense ratio of 1.44%.
  • LIC MF Dividend Yield Fund Direct Growth has given a CAGR return of 20.66% since inception.
  • The fund's asset allocation comprises around 92.83% in equities, 0.00% in debts, and 7.17% 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

+51.04%

+43.77%(Cat. Avg.)

3 Years

+23.32%

+24.38%(Cat. Avg.)

5 Years

+21.49%

+18.55%(Cat. Avg.)

Since Inception

+20.66%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity119.97 Cr92.83%
Others9.26 Cr7.17%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement8.81 Cr6.82%
Infosys LtdEquity6.59 Cr5.10%
ICICI Bank LtdEquity6.06 Cr4.69%
Tata Consultancy Services LtdEquity4.75 Cr3.68%
Power Finance Corp LtdEquity4.24 Cr3.28%
Bharat Electronics LtdEquity4.02 Cr3.11%
NTPC LtdEquity3.86 Cr2.99%
Maruti Suzuki India LtdEquity3.84 Cr2.97%
Mahindra & Mahindra LtdEquity3.84 Cr2.97%
State Bank of IndiaEquity3.76 Cr2.91%
Larsen & Toubro LtdEquity3.56 Cr2.76%
HDFC Bank LtdEquity3.52 Cr2.73%
Titan Co LtdEquity3.42 Cr2.65%
Tata Power Co LtdEquity3.3 Cr2.55%
Power Grid Corp Of India LtdEquity3.23 Cr2.50%
BEML LtdEquity3.18 Cr2.46%
Motherson Sumi Wiring India LtdEquity3.08 Cr2.38%
Reliance Industries LtdEquity2.97 Cr2.30%
Bajaj Finance LtdEquity2.9 Cr2.24%
Carborundum Universal LtdEquity2.83 Cr2.19%
Tech Mahindra LtdEquity2.77 Cr2.14%
Bharat Bijlee LtdEquity2.77 Cr2.14%
Sanofi India LtdEquity2.74 Cr2.12%
Mahanagar Gas LtdEquity2.55 Cr1.97%
Divi's Laboratories LtdEquity2.36 Cr1.82%
Bank of IndiaEquity2.31 Cr1.78%
Akzo Nobel India LtdEquity2.29 Cr1.77%
Bharat Forge LtdEquity2.26 Cr1.75%
Sudarshan Chemical Industries LtdEquity2.22 Cr1.72%
Shakti Pumps (India) LtdEquity2.21 Cr1.71%
ITC LtdEquity1.84 Cr1.43%
Godfrey Phillips India LtdEquity1.83 Cr1.41%
Kotak Mahindra Bank LtdEquity1.79 Cr1.39%
EIH LtdEquity1.79 Cr1.39%
PCBL LtdEquity1.78 Cr1.37%
Bajaj Consumer Care LtdEquity1.76 Cr1.36%
Sonata Software LtdEquity1.71 Cr1.32%
Bajaj Auto LtdEquity1.57 Cr1.21%
Cholamandalam Investment and Finance Co LtdEquity1.31 Cr1.01%
NHPC LtdEquity1.3 Cr1.01%
Nippon Life India Asset Management Ltd Ordinary SharesEquity1.29 Cr1.00%
Radico Khaitan LtdEquity1.29 Cr1.00%
Artemis Medicare Services Ltd Ordinary SharesEquity1.22 Cr0.94%
Laurus Labs LtdEquity1.14 Cr0.88%
CESC LtdEquity0.92 Cr0.71%
Net Receivables / (Payables)Cash0.45 Cr0.35%

Allocation By Market Cap (Equity)

Large Cap Stocks

55.16%

Mid Cap Stocks

13.28%

Small Cap Stocks

24.40%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services27.18 Cr21.03%
Consumer Cyclical19.8 Cr15.32%
Industrials18.57 Cr14.37%
Technology15.82 Cr12.24%
Utilities15.16 Cr11.73%
Healthcare7.45 Cr5.77%
Consumer Defensive6.72 Cr5.20%
Basic Materials6.29 Cr4.87%
Energy2.97 Cr2.30%

Risk & Performance Ratios

Standard Deviation

This fund

13.05%

Cat. avg.

13.06%

Lower the better

Sharpe Ratio

This fund

1.23

Cat. avg.

1.32

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.75

Higher the better

Fund Managers

DM

Dikshit Mittal

Since July 2023

Additional Scheme Detailsas of 31st March 2024

ISININF397L01LC1Expense Ratio1.44%Exit Load1.00%Fund Size₹129 CrAge21 Dec 2018Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Nippon India ETF Nifty Dividend Opportunities 50

Very High Risk

0.4%-₹46.71 Cr48.8%
LIC MF Dividend Yield Fund Direct Growth

Very High Risk

1.4%1.0%₹129.23 Cr51.0%
LIC MF Dividend Yield Fund Regular Growth

Very High Risk

2.5%1.0%₹129.23 Cr49.4%
UTI Dividend Yield Fund Regular Growth

Very High Risk

2.0%1.0%₹3586.43 Cr42.5%
Templeton India Equity Income Fund Regular Growth

Very High Risk

2.1%1.0%₹2074.77 Cr42.0%
Tata Dividend Yield Fund Direct Growth

Very High Risk

0.5%1.0%₹828.09 Cr45.8%
Tata Dividend Yield Fund Regular Growth

Very High Risk

2.2%1.0%₹828.09 Cr43.3%
SBI Dividend Yield Fund Regular Growth

Very High Risk

1.8%1.0%₹6934.94 Cr31.9%
SBI Dividend Yield Fund Direct Growth

Very High Risk

0.8%1.0%₹6934.94 Cr33.3%
Sundaram Dividend Yield Fund Regular Growth

Very High Risk

2.3%1.0%₹804.76 Cr42.6%

About the AMC

LIC Mutual Fund

LIC Mutual Fund

Total AUM

₹1,109 Cr

Address

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

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Gold ETF FOF Direct Growth

High Risk

0.3%1.0%₹48.87 Cr18.6%
LIC MF Equity Savings Fund Direct Growth

Moderately High risk

1.0%1.0%₹14.64 Cr16.8%
LIC MF Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹73.87 Cr61.2%
LIC MF Focused 30 Equity Direct Growth

Very High Risk

1.6%1.0%₹130.45 Cr23.0%
LIC MF Long Term Value Fund Direct Growth

Very High Risk

1.6%1.0%₹106.92 Cr35.0%
LIC MF Healthcare Fund Direct Growth

Very High Risk

1.2%1.0%₹61.69 Cr46.3%
LIC MF Small Cap Fund Direct Growth

Very High Risk

1.5%1.0%₹208.67 Cr46.6%
LIC MF Midcap Fund Direct Growth

Very High Risk

1.6%1.0%₹242.21 Cr49.0%
LIC MF Dividend Yield Fund Direct Growth

Very High Risk

1.4%1.0%₹129.23 Cr51.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of LIC MF Dividend Yield Fund Direct Growth, as of 16-Apr-2024, is ₹27.16.
The fund has generated 51.04% over the last 1 year and 23.32% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 92.83% in equities, 0.00% in bonds, and 7.17% in cash and cash equivalents.
The fund managers responsible for LIC MF Dividend Yield Fund Direct Growth are:-
  1. Dikshit Mittal