LIC MF Dividend Yield Fund

Primarily market-linked growth exposure

The Investment objective of the Scheme is to provide long term capital appreciation and/or Income Distribution cum Capital Withdrawal (IDCW) distribution by investing predominantly in dividend yielding equity and equity related instruments. There is no assurance that the investment objective of the Scheme will be achieved.

How the money may be invested

Under normal circumstances, the asset allocation of the Scheme would be as follows: EEquity and equity related instruments of dividend yielding companies- 80%-100% Equity and Equity related instruments other than dividend yielding companies, Money market instruments, other liquid instruments, INVITs and mutual funds units including Gold/ Silver ETFs.- 0%-20% Please refer Scheme Information Document for complete details.

SEBI category

Dividend Yield Fund

Fund type

An open ended equity scheme predominantly investing in dividend yielding stocks

Primary benchmark

NIFTY 500 - TRI

Use the latest monthly portfolio

Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.

Manager and scheme tenure

Fund manager(s)

FM 1 : Mr.Dikshit Mittal; FM 2 : Mr.Sumit Bhatnagar

Manager tenure on this scheme

Since FM 1: Managing since 31st July, 2023; FM 2: Managing since 1st September, 2026

Role / co-management

FM1: Primary ; FM2: Comanage

The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.

Latest NAV records

NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.

What you pay and how money moves

Stated expense ratio

Regular 2.36%, Direct 0.87%

Exit load

Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 12 months from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 12 months from the date of allotment.

Minimum application

5000 · multiples of 1

SIP frequency

SIP Details -Daily,Weekly, Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly

Minimum SIP amount

SIP Details - 100, 150,200, 1000 | SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500

Minimum instalments

"SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12 "

How a mutual-fund investment is paid

1. Complete KYCIdentity, PAN, bank and contact verification are required.
2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.

Download and verify at source

The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.

Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.