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Fund Overview

Fund Size

Fund Size

₹189 Cr

Expense Ratio

Expense Ratio

1.45%

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, 6 months and 29 days, having been launched on 21-Dec-18.
As of 19-Jul-24, it has a Net Asset Value (NAV) of ₹31.96, Assets Under Management (AUM) of 189.29 Crores, and an expense ratio of 1.45%.
  • LIC MF Dividend Yield Fund Direct Growth has given a CAGR return of 23.16% since inception.
  • The fund's asset allocation comprises around 93.95% in equities, 0.00% in debts, and 6.05% 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

+56.28%

+49.51% (Cat Avg.)

3 Years

+25.68%

+25.33% (Cat Avg.)

5 Years

+25.98%

+24.14% (Cat Avg.)

Since Inception

+23.16%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity177.84 Cr93.95%
Others11.45 Cr6.05%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement14.15 Cr7.47%
ICICI Bank LtdEquity7.69 Cr4.06%
Tata Consultancy Services LtdEquity6.98 Cr3.68%
Power Finance Corp LtdEquity5.95 Cr3.14%
NTPC LtdEquity5.9 Cr3.11%
Bharat Electronics LtdEquity5.55 Cr2.93%
Axis Bank LtdEquity4.69 Cr2.48%
Mahindra & Mahindra LtdEquity4.57 Cr2.42%
Maruti Suzuki India LtdEquity4.14 Cr2.19%
Shakti Pumps (India) LtdEquity4.11 Cr2.17%
Sanofi India LtdEquity3.84 Cr2.03%
Bharat Bijlee LtdEquity3.72 Cr1.97%
Infosys LtdEquity3.71 Cr1.96%
Tata Power Co LtdEquity3.66 Cr1.93%
BEML LtdEquity3.59 Cr1.89%
Alkem Laboratories LtdEquity3.48 Cr1.84%
Larsen & Toubro LtdEquity3.48 Cr1.84%
Tech Mahindra LtdEquity3.47 Cr1.83%
State Bank of IndiaEquity3.36 Cr1.77%
PSP Projects LtdEquity3.35 Cr1.77%
Laurus Labs LtdEquity3.32 Cr1.76%
Reliance Industries LtdEquity3.31 Cr1.75%
Kotak Mahindra Bank LtdEquity3.29 Cr1.74%
Motherson Sumi Wiring India LtdEquity3.29 Cr1.74%
Sudarshan Chemical Industries LtdEquity3.28 Cr1.74%
Power Grid Corp Of India LtdEquity3.22 Cr1.70%
Shriram Finance LtdEquity3.18 Cr1.68%
Bank of BarodaEquity3.11 Cr1.64%
Bharat Forge LtdEquity3.11 Cr1.64%
EIH LtdEquity3.03 Cr1.60%
Divi's Laboratories LtdEquity2.95 Cr1.56%
Titan Co LtdEquity2.92 Cr1.54%
IndusInd Bank LtdEquity2.9 Cr1.53%
Net Receivables / (Payables)Cash-2.7 Cr1.43%
ITC LtdEquity2.66 Cr1.40%
Sharda Cropchem LtdEquity2.51 Cr1.32%
Bajaj Auto LtdEquity2.48 Cr1.31%
Akzo Nobel India LtdEquity2.47 Cr1.30%
Arvind Fashions LtdEquity2.42 Cr1.28%
Samvardhana Motherson International LtdEquity2.41 Cr1.27%
Gujarat State Petronet LtdEquity2.39 Cr1.26%
InterGlobe Aviation LtdEquity2.35 Cr1.24%
Radico Khaitan LtdEquity2.32 Cr1.22%
SRF LtdEquity2.25 Cr1.19%
JK Paper LtdEquity2.21 Cr1.17%
Artemis Medicare Services Ltd Ordinary SharesEquity2.13 Cr1.13%
Godfrey Phillips India LtdEquity2.13 Cr1.12%
Kennametal India LtdEquity2.08 Cr1.10%
Grasim Industries LtdEquity1.95 Cr1.03%
Surya Roshni LtdEquity1.91 Cr1.01%
Sonata Software LtdEquity1.88 Cr0.99%
TD Power Systems LtdEquity1.86 Cr0.98%
CESC LtdEquity1.82 Cr0.96%
Bikaji Foods International LtdEquity1.7 Cr0.90%
Vascon Engineers LtdEquity1.66 Cr0.88%
Mahanagar Gas LtdEquity1.61 Cr0.85%
Tata Steel LtdEquity1.59 Cr0.84%
PCBL LtdEquity1.56 Cr0.82%
Savita Oil Technologies LtdEquity1.38 Cr0.73%

Allocation By Market Cap (Equity)

Large Cap Stocks

53.52%

Mid Cap Stocks

6.49%

Small Cap Stocks

33.95%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services34.18 Cr18.06%
Industrials31.75 Cr16.77%
Consumer Cyclical28.36 Cr14.98%
Basic Materials21.11 Cr11.15%
Utilities18.59 Cr9.82%
Technology16.03 Cr8.47%
Healthcare15.72 Cr8.30%
Consumer Defensive8.81 Cr4.65%
Energy3.31 Cr1.75%

Risk & Performance Ratios

Standard Deviation

This fund

13.60%

Cat. avg.

12.78%

Lower the better

Sharpe Ratio

This fund

1.35

Cat. avg.

1.26

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.54

Higher the better

Fund Managers

Karan Doshi

Karan Doshi

Since July 2024

DM

Dikshit Mittal

Since July 2023

Additional Scheme Detailsas of 31st May 2024

ISIN
INF397L01LC1
Expense Ratio
1.45%
Exit Load
1.00%
Fund Size
₹189 Cr
Age
21 Dec 2018
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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%-₹56.09 Cr50.6%
LIC MF Dividend Yield Fund Direct Growth

Very High Risk

1.4%1.0%₹189.29 Cr56.3%
LIC MF Dividend Yield Fund Regular Growth

Very High Risk

2.5%1.0%₹189.29 Cr54.7%
UTI Dividend Yield Fund Regular Growth

Very High Risk

2.0%1.0%₹4071.32 Cr48.1%
Templeton India Equity Income Fund Regular Growth

Very High Risk

2.1%1.0%₹2325.52 Cr51.3%
Tata Dividend Yield Fund Direct Growth

Very High Risk

0.5%1.0%₹998.06 Cr41.1%
Tata Dividend Yield Fund Regular Growth

Very High Risk

2.2%1.0%₹998.06 Cr38.7%
SBI Dividend Yield Fund Regular Growth

Very High Risk

1.8%1.0%₹8375.28 Cr35.8%
SBI Dividend Yield Fund Direct Growth

Very High Risk

0.7%1.0%₹8375.28 Cr37.3%
Sundaram Dividend Yield Fund Regular Growth

Very High Risk

2.2%1.0%₹923.54 Cr41.9%

About the AMC

LIC Mutual Fund

LIC Mutual Fund

Total AUM

₹1,285 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%₹54.61 Cr22.2%
LIC MF Equity Savings Fund Direct Growth

Moderately High risk

1.0%1.0%₹17.66 Cr15.7%
LIC MF Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹90.25 Cr60.7%
LIC MF Focused 30 Equity Direct Growth

Very High Risk

1.6%1.0%₹140.80 Cr26.5%
LIC MF Long Term Value Fund Direct Growth

Very High Risk

1.6%1.0%₹119.11 Cr39.2%
LIC MF Healthcare Fund Direct Growth

Very High Risk

1.2%1.0%₹62.03 Cr41.9%
LIC MF Small Cap Fund Direct Growth

Very High Risk

1.5%1.0%₹281.35 Cr49.7%
LIC MF Midcap Fund Direct Growth

Very High Risk

1.6%1.0%₹304.69 Cr53.4%
LIC MF Dividend Yield Fund Direct Growth

Very High Risk

1.4%1.0%₹189.29 Cr56.3%

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 19-Jul-2024, is ₹31.96.
The fund has generated 56.28% over the last 1 year and 25.68% 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 93.95% in equities, 0.00% in bonds, and 6.05% in cash and cash equivalents.
The fund managers responsible for LIC MF Dividend Yield Fund Direct Growth are:-
  1. Karan Doshi
  2. Dikshit Mittal