LIC MF Dividend Yield Fund Direct Growth

LIC MF Dividend Yield Fund Direct Growth

Equity

Dividend Yield

NAV as on 28-03-2025

₹ 30.21

▼-0.5%

1D

Inception Returns

19.3%

/yr

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
309 people have invested ₹ 30.3L in LIC MF Dividend Yield Fund Direct Growth in the last three months

About LIC MF Dividend Yield Fund Direct Growth

LIC MF Dividend Yield Fund Direct Growth is an equity fund. This fund was started on 21 December, 2018. The fund is managed by Karan Doshi. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Dividend Yield Fund Direct Growth has ₹446 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

LIC MF Dividend Yield Fund Direct Growth has given a CAGR return of 19.30% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.62%, 19.92% and 28.45% respectively.

Holdings

LIC MF Dividend Yield Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Tech, Utilities, Communication, Energy, Health, Real Estate. Its top holdings are HDFC Bank Ltd, Kotak Mahindra Bank Ltd, Garware Hi-Tech Films Ltd, ICICI Bank Ltd, Tata Consultancy Services Ltd

Taxation

As it is a dividend yield mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of LIC MF Dividend Yield Fund Direct Growth

The Investment objective of the Scheme is to provide long term capital appreciation and/or dividend distribution by investing predominantly in dividend yielding equity and equity related instruments. However there can be no assurance that the investment objective under the scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Dividend Yield Fund Direct Growth has no lock in period.

LIC MF Dividend Yield Fund Direct Growth Overview

Expense ratio0.69%
Benchmark
S&P BSE 500 India TR INR
AUM₹446 Cr
Inception Date21 December, 2018
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
456.7%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for LIC MF Dividend Yield Fund Direct Growth

Powered by IND quant engine
2
/6
62% Performance
20% Risk Management
97% Cost
2 out of 6 among dividend yield
img
Outperformed benchmarks during bull run
img
3Y returns in the top 25% of the category
img
Beats FD returns for both 3Y & 5Y
img
Highly volatile within category
img
Smaller AUM within category

Trailing Returns

as on (28-Mar-25)

Period
LIC MF Dividend Yield Fund Direct Growth
Nifty 500
dividend yield
1M
8.3%
7.3%
5.8%
3M
-7.5%
-4.6%
-6.4%
6M
-13.7%
-12%
-14.4%
1Y
13.6%
5.4%
5.8%
3Y
19.9%
12.7%
17.2%
5Y
28.5%
25.9%
28.1%

Fund Distribution

as on (28-Feb-25)

  • Equity 98.4%

  • Debt & Cash 1.6%

Large cap
48.3%
Small cap
35.1%
Mid cap
14%
Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
27.3%
Industrial
16.4%
Consumer Cyclical
12.9%
Basic Materials
11.4%
Consumer Defensive
9.4%
Tech
9.1%
Utilities
5.7%
Communication
2.9%
Energy
2.5%
Health
1.6%
Real Estate
0.8%
All changes are between Dec'24 and Feb'25
Dec'24
Fund Returns
-0.92%
Nifty 500
-2.02%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 446.4 Cr
₹ 482.7 Cr
₹ 463.6 Cr
  • AUM of the fund stands at 446.4 Cr as of Feb'25
  • AUM decreased by 36.3 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Garware Hi-Tech Films Ltd's allocation increased from 1.93% to 3.26%
Garware Hi-Tech Films Ltd's allocation increased from 1.93% to 3.26%
HDFC Bank Ltd's allocation increased from 4.4% to 5.25%
HDFC Bank Ltd's allocation increased from 4.4% to 5.25%
Shriram Finance Ltd's allocation increased from 1.65% to 2.28%
Shriram Finance Ltd's allocation increased from 1.65% to 2.28%
Top Stocks sold last month
Tata Consultancy Services Ltd's allocation decreased from 2.94 % to 2.69 %
Tata Consultancy Services Ltd's allocation decreased from 2.94 % to 2.69 %
Grasim Industries Ltd's allocation decreased from 2.63 % to 2.31 %
Grasim Industries Ltd's allocation decreased from 2.63 % to 2.31 %
Power Finance Corp Ltd's allocation decreased from 2.46 % to 2.3 %
Power Finance Corp Ltd's allocation decreased from 2.46 % to 2.3 %
Large Cap allocation has gone down from 48.5% to 48.3%
Large Cap allocation has gone down from 48.5% to 48.3%
Small Cap allocation has gone up from 32.9% to 35.1%
Small Cap allocation has gone up from 32.9% to 35.1%
Mid Cap allocation has gone down from 14.3% to 14%
Mid Cap allocation has gone down from 14.3% to 14%
Cash allocation has gone down from 1.6% to 1.6%
Cash allocation has gone down from 1.6% to 1.6%

Top 3 Sectors in February were Financial Services, Industrial & Consumer Cyclical

Feb'25
Financial Services
27%
Industrial
16%
Consumer Cyclical
13%
Jan'25
Financial Services
25%
Industrial
17%
Consumer Cyclical
15%

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
5.25%
8.2%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
4.13%
0%
Garware Hi-Tech Films Ltd
Garware Hi-Tech Films Ltd
3.26%
50.2%
ICICI Bank Ltd
ICICI Bank Ltd
2.76%
0%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
2.69%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
LIC MF Dividend Yield Fund Direct Growth
LIC MF Dividend Yield Fund Direct Growth
13.62%
19.92%
28.45%
19.3%
UTI-Dividend Yield Fund -Growth-Direct
UTI-Dividend Yield Fund -Growth-Direct
14.24%
16.86%
27.83%
14.24%
ICICI Prudential Dividend Yield Equity Fund Direct Growth
ICICI Prudential Dividend Yield Equity Fund Direct Growth
10.73%
23.45%
36.38%
16.9%
Templeton India Equity Income Fund Direct Growth
Templeton India Equity Income Fund Direct Growth
7.46%
18.45%
32.95%
16.08%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
HDFC Bank Ltd
HDFC Bank Ltd
7.4%
Shriram Finance Ltd
Shriram Finance Ltd
5.6%
Garware Hi Tech Films Ltd
Garware Hi Tech Films Ltd
0.4%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
67
70
69
Top 5 Company Concentration
18.1%
16.4%
15.6%
Company having highest exposure
HDFC Bank Ltd (5.2%)
HDFC Bank Ltd (4.4%)
HDFC Bank Ltd (4.5%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
77.3%
77.8%
77.6%
Sector having highest exposure
Financial Services (27.3%)
Financial Services (25.3%)
Financial Services (24.5%)
Loading...
We are taking more time than usual
Karan Doshi
Karan Doshi
Fund Manager of LIC MF Dividend Yield Fund Direct Growth, since 1 July 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
LIC MF Dividend Yield Fund Direct Growth
19.92%
17.17%
LIC MF Aggressive Hybrid Fund Direct Plan Growth Option
12.22%
13.16%
LIC MF Midcap Fund Direct Growth
19.18%
19.17%
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
34
See all LIC schemes
Total AUM
₹30.83K Cr
as on 28-Feb-2025
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com

Mutual Fund Insights

Insights icon
In the last 3 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 23.45% return, outperforming this fund by 3.53% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (dividend yield). Its expense ratio is 0.69% which is lower than the category average expense ratio of 1.44%.
Insights icon
Over the last 6 months, this fund has experienced a 14.0% growth in AUM moving from 391.61 Cr to 446.38 Cr.
Insights icon
In the last 5 years, ICICI Prudential Dividend Yield Equity Fund Direct Growth has given 36.38% return, outperforming this fund by 7.93% per annum.
Insights icon
In the last 1 year, UTI-Dividend Yield Fund -Growth-Direct has given 14.24% return, outperforming this fund by 0.62%.

LIC MF Dividend Yield Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 19.3% since inception which is more than its category average return of 13.64%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.44% in Equity, 0% in Debt and 1.56% in Cash related instruments
AUM size ₹446 Cr

AUM size ₹446 Cr

This fund has AUM of ₹446 Cr which is less than its category average of ₹ 2999 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.51%
Most Popular Comparisons
    • LIC MF Dividend Yield Fund
      LIC MF Dividend Yield Fund
      Vs
    • HDFC Dividend Yield Fund Direct Growth
      HDFC Dividend Yield Fund Direct Growth
    Compare
    • LIC MF Dividend Yield Fund
      LIC MF Dividend Yield Fund
      Vs
    • ICICI Prudential Dividend Yield Equity Fund Direct Growth
      ICICI Prudential Dividend Yield Equity Fund Direct Growth
    Compare
    • LIC MF Dividend Yield Fund
      LIC MF Dividend Yield Fund
      Vs
    • UTI Dividend Yield Fund Direct Growth
      UTI Dividend Yield Fund Direct Growth
    Compare
    • LIC MF Dividend Yield Fund
      LIC MF Dividend Yield Fund
      Vs
    • Templeton India Equity Income Fund Direct Growth
      Templeton India Equity Income Fund Direct Growth
    Compare
    • LIC MF Dividend Yield Fund
      LIC MF Dividend Yield Fund
      Vs
    • Sundaram Dividend Yield Fund Direct Growth
      Sundaram Dividend Yield Fund Direct Growth
    Compare

More funds from LIC

LIC MF Infrastructure Fund Direct Plan Growth Option

LIC MF Infrastructure Fund Direct Plan Growth Option

5Y CAGR

▲ 35.13

LIC MF Midcap Fund Direct Growth

LIC MF Midcap Fund Direct Growth

5Y CAGR

▲ 29.22

LIC MF Small Cap Fund Direct Growth

LIC MF Small Cap Fund Direct Growth

5Y CAGR

▲ 35.30

LIC MF Healthcare Fund Direct Growth

LIC MF Healthcare Fund Direct Growth

5Y CAGR

▲ 25.65

LIC MF Large & Mid Cap Direct Growth

LIC MF Large & Mid Cap Direct Growth

5Y CAGR

▲ 25.98

Frequently Asked Questions for LIC MF Dividend Yield Fund Direct Growth

The current NAV of LIC MF Dividend Yield Fund Direct Growth is ₹30.21 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
LIC MF Dividend Yield Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.31%
8.31%
6 Month Returns
-13.7%
-13.7%
1 Year Returns
13.62%
13.62%
3 Years Returns
72.45%
19.92%
5 Years Returns
249.68%
28.45%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.69% as on March 2025
₹446 Cr as on March 2025
HDFC Bank Ltd(5.25%), Kotak Mahindra Bank Ltd(4.13%), Garware Hi-Tech Films Ltd(3.26%), ICICI Bank Ltd(2.76%), Tata Consultancy Services Ltd(2.69%) as on March 2025
Financial Services(26.87%), Industrial(16.1%), Consumer Cyclical(12.69%) as on March 2025
The alpha ratio for the LIC MF Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Dividend Yield Fund Direct Growth
7.04
4.09
3.93
As on March 2025
The alpha for LIC MF Dividend Yield Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the LIC MF Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Dividend Yield Fund Direct Growth
1.2
1.04
0.86
As on March 2025
The Beta for LIC MF Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the LIC MF Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
LIC MF Dividend Yield Fund Direct Growth
0
0.71
0.87
As on March 2025
The sharpe ratio for LIC MF Dividend Yield Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the LIC MF Dividend Yield Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
LIC MF Dividend Yield Fund Direct Growth
18.39
15.81
17.49
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.16 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Karan Doshi is the fund manager of LIC MF Dividend Yield Fund Direct Growth
The Exit load of LIC MF Dividend Yield Fund Direct Growth is 1%