LIC MF Dividend Yield Fund Direct Growth
EquityDividend YieldVery High Risk
Direct
NAV (22-Oct-24)
₹32.54-2.75%1D
Returns (Since Inception)
22.40%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹436 Cr
Expense Ratio
1.45%
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 5 years, 10 months and 2 days, having been launched on 21-Dec-18.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹32.54, Assets Under Management (AUM) of 436.11 Crores, and an expense ratio of 1.45%.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹32.54, Assets Under Management (AUM) of 436.11 Crores, and an expense ratio of 1.45%.
- LIC MF Dividend Yield Fund Direct Growth has given a CAGR return of 22.40% since inception.
- The fund's asset allocation comprises around 99.01% in equities, 0.00% in debts, and 0.99% 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
+53.09%
+40.77% (Cat Avg.)
3 Years
+21.73%
+20.28% (Cat Avg.)
5 Years
+24.96%
+23.58% (Cat Avg.)
Since Inception
+22.40%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Equity | ₹431.79 Cr | 99.01% |
| Others | ₹4.32 Cr | 0.99% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹17.08 Cr | 3.92% |
| Tata Consultancy Services Ltd | Equity | ₹11.27 Cr | 2.58% |
| Kotak Mahindra Bank Ltd | Equity | ₹10.94 Cr | 2.51% |
| IndusInd Bank Ltd | Equity | ₹10.61 Cr | 2.43% |
| Saregama India Ltd | Equity | ₹10.48 Cr | 2.40% |
| ICICI Bank Ltd | Equity | ₹9.97 Cr | 2.29% |
| NTPC Ltd | Equity | ₹9.7 Cr | 2.22% |
| Power Finance Corp Ltd | Equity | ₹9.7 Cr | 2.22% |
| Reliance Industries Ltd | Equity | ₹9.11 Cr | 2.09% |
| Mrs Bectors Food Specialities Ltd Ordinary Shares | Equity | ₹8.99 Cr | 2.06% |
| Tata Power Co Ltd | Equity | ₹8.9 Cr | 2.04% |
| Hindustan Unilever Ltd | Equity | ₹8.87 Cr | 2.03% |
| Shriram Finance Ltd | Equity | ₹8.82 Cr | 2.02% |
| Garware Hi-Tech Films Ltd | Equity | ₹8.36 Cr | 1.92% |
| Maruti Suzuki India Ltd | Equity | ₹8.04 Cr | 1.84% |
| Alkem Laboratories Ltd | Equity | ₹7.75 Cr | 1.78% |
| Allied Blenders and Distillers Ltd | Equity | ₹7.68 Cr | 1.76% |
| InterGlobe Aviation Ltd | Equity | ₹7.66 Cr | 1.76% |
| Bharat Electronics Ltd | Equity | ₹7.14 Cr | 1.64% |
| EIH Ltd | Equity | ₹7.07 Cr | 1.62% |
| Shakti Pumps (India) Ltd | Equity | ₹7.07 Cr | 1.62% |
| Surya Roshni Ltd | Equity | ₹7.04 Cr | 1.61% |
| Bank of Baroda | Equity | ₹7.03 Cr | 1.61% |
| TARC Ltd Ordinary Shares | Equity | ₹7.03 Cr | 1.61% |
| Treps | Cash - Repurchase Agreement | ₹6.98 Cr | 1.60% |
| SRF Ltd | Equity | ₹6.85 Cr | 1.57% |
| ISGEC Heavy Engineering Ltd | Equity | ₹6.78 Cr | 1.56% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹6.78 Cr | 1.55% |
| Arvind Fashions Ltd | Equity | ₹6.69 Cr | 1.53% |
| Techno Electric & Engineering Co Ltd | Equity | ₹6.67 Cr | 1.53% |
| Mahindra & Mahindra Ltd | Equity | ₹6.63 Cr | 1.52% |
| Tata Communications Ltd | Equity | ₹6.51 Cr | 1.49% |
| Tata Technologies Ltd | Equity | ₹6.45 Cr | 1.48% |
| Samvardhana Motherson International Ltd | Equity | ₹6.4 Cr | 1.47% |
| State Bank of India | Equity | ₹6.35 Cr | 1.46% |
| Hindalco Industries Ltd | Equity | ₹6.3 Cr | 1.44% |
| JK Tyre & Industries Ltd | Equity | ₹6.2 Cr | 1.42% |
| Grasim Industries Ltd | Equity | ₹6.11 Cr | 1.40% |
| LTIMindtree Ltd | Equity | ₹5.82 Cr | 1.33% |
| Indraprastha Gas Ltd | Equity | ₹5.78 Cr | 1.32% |
| Page Industries Ltd | Equity | ₹5.71 Cr | 1.31% |
| PSP Projects Ltd | Equity | ₹5.6 Cr | 1.29% |
| Protean eGov Technologies Ltd | Equity | ₹5.29 Cr | 1.21% |
| Hero MotoCorp Ltd | Equity | ₹5.24 Cr | 1.20% |
| Vinati Organics Ltd | Equity | ₹5.04 Cr | 1.16% |
| ITC Ltd | Equity | ₹5.01 Cr | 1.15% |
| Infosys Ltd | Equity | ₹4.94 Cr | 1.13% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹4.92 Cr | 1.13% |
| Radico Khaitan Ltd | Equity | ₹4.86 Cr | 1.11% |
| DEE Development Engineers Ltd | Equity | ₹4.72 Cr | 1.08% |
| Power Grid Corp Of India Ltd | Equity | ₹4.64 Cr | 1.06% |
| Bharat Bijlee Ltd | Equity | ₹4.63 Cr | 1.06% |
| Sonata Software Ltd | Equity | ₹4.56 Cr | 1.05% |
| Azad Engineering Ltd | Equity | ₹4.39 Cr | 1.01% |
| Bharat Forge Ltd | Equity | ₹4.34 Cr | 1.00% |
| Gujarat Gas Ltd | Equity | ₹4.29 Cr | 0.98% |
| TD Power Systems Ltd | Equity | ₹3.9 Cr | 0.89% |
| CCL Products (India) Ltd | Equity | ₹3.85 Cr | 0.88% |
| Hindware Home Innovation Ltd Ordinary Shares | Equity | ₹3.8 Cr | 0.87% |
| Yuken India Ltd | Equity | ₹3.62 Cr | 0.83% |
| Savita Oil Technologies Ltd | Equity | ₹3.53 Cr | 0.81% |
| Larsen & Toubro Ltd | Equity | ₹3.48 Cr | 0.80% |
| Titan Co Ltd | Equity | ₹3.46 Cr | 0.79% |
| Himatsingka Seide Ltd | Equity | ₹3.37 Cr | 0.77% |
| Godfrey Phillips India Ltd | Equity | ₹2.99 Cr | 0.69% |
| Net Receivables / (Payables) | Cash | ₹-2.67 Cr | 0.61% |
| Ador Welding Ltd | Equity | ₹2.63 Cr | 0.60% |
| Maharashtra Seamless Ltd | Equity | ₹2.38 Cr | 0.55% |
| Sanofi Consumer Healthcare India Ltd | Equity | ₹2.25 Cr | 0.52% |
| Kennametal India Ltd | Equity | ₹1.7 Cr | 0.39% |
Allocation By Market Cap (Equity)
Large Cap Stocks
49.11%
Mid Cap Stocks
12.48%
Small Cap Stocks
35.14%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹87.29 Cr | 20.01% |
| Industrials | ₹70 Cr | 16.05% |
| Consumer Cyclical | ₹66.96 Cr | 15.35% |
| Basic Materials | ₹45.6 Cr | 10.46% |
| Consumer Defensive | ₹42.26 Cr | 9.69% |
| Technology | ₹38.32 Cr | 8.79% |
| Utilities | ₹33.31 Cr | 7.64% |
| Communication Services | ₹16.99 Cr | 3.90% |
| Healthcare | ₹14.92 Cr | 3.42% |
| Energy | ₹9.11 Cr | 2.09% |
| Real Estate | ₹7.03 Cr | 1.61% |
Risk & Performance Ratios
Standard Deviation
This fund
13.64%
Cat. avg.
12.81%
Lower the better
Sharpe Ratio
This fund
1.34
Cat. avg.
1.29
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.72
Higher the better
Fund Managers
Karan Doshi
Since July 2024
DM
Dikshit Mittal
Since July 2023
Additional Scheme Detailsas of 30th September 2024
ISIN INF397L01LC1 | Expense Ratio 1.45% | Exit Load 1.00% | Fund Size ₹436 Cr | Age 5 years 10 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  |
|---|---|---|---|---|
| Nippon India ETF Nifty Dividend Opportunities 50 Very High Risk | 0.4% | - | ₹73.64 Cr | 43.4% |
| LIC MF Dividend Yield Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹436.11 Cr | 53.1% |
| LIC MF Dividend Yield Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹436.11 Cr | 51.5% |
| UTI Dividend Yield Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹4484.74 Cr | 47.0% |
| Templeton India Equity Income Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2554.11 Cr | 44.5% |
| Tata Dividend Yield Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1047.80 Cr | 31.7% |
| Tata Dividend Yield Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1047.80 Cr | 29.5% |
| SBI Dividend Yield Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹9771.40 Cr | 32.2% |
| SBI Dividend Yield Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹9771.40 Cr | 33.6% |
| Sundaram Dividend Yield Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹986.68 Cr | 36.7% |
About the AMC
LIC Mutual Fund
Total AUM
₹1,733 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 Gold ETF FOF Direct Growth High Risk | 0.3% | 1.0% | ₹63.79 Cr | 28.0% |
| LIC MF Equity Savings Fund Direct Growth Moderately High risk | 1.0% | 1.0% | ₹21.68 Cr | 13.7% |
| LIC MF Nifty Next 50 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹101.48 Cr | 59.8% |
| LIC MF Focused 30 Equity Direct Growth Very High Risk | 1.6% | 1.0% | ₹154.22 Cr | 27.2% |
| LIC MF Long Term Value Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹132.22 Cr | 37.3% |
| LIC MF Healthcare Fund Direct Growth Very High Risk | 1.2% | 1.0% | ₹75.05 Cr | 57.0% |
| LIC MF Small Cap Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹370.18 Cr | 44.1% |
| LIC MF Midcap Fund Direct Growth Very High Risk | 1.6% | 1.0% | ₹334.33 Cr | 45.2% |
| LIC MF Dividend Yield Fund Direct Growth Very High Risk | 1.4% | 1.0% | ₹436.11 Cr | 53.1% |
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
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 22-Oct-2024, is ₹32.54.
What are the returns of LIC MF Dividend Yield Fund Direct Growth?
The fund has generated 53.09% over the last 1 year and 21.73% 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 99.01% in equities, 0.00% in bonds, and 0.99% 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:-
- Karan Doshi
- 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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.