Dividend Yield · Equity

LIC MF Dividend Yield Fund

LIC Mutual Fund

Benchmark

Nifty 500 TRI

Riskometer

Very High

Size

₹735 cr

Allotted

21 Dec 2018

Holdings as of

Not on record

LIC MF Dividend Yield Fund is a dividend yield fund of LIC Mutual Fund with ₹735 cr under management. It is ahead of its benchmark (Nifty 500 TRI) in 3 of 3 periods. Its direct plan charges 0.97% a year. Dikshit Mittal has managed it for 3.2 years.

The fund house's portfolio file is not read yet; the official feed, costs and managers are shown.

Has LIC MF Dividend Yield Fund beaten its benchmark?

Ahead of its benchmark, Nifty 500 TRI, in 3 of 3 periods in AMFI's figures; +3.31% over the last year against −4.30%.

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (Nifty 500 TRI) in 3 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+3.31%	+1.74%	−4.30%	+7.61	🔒
3y	+17.40%	+15.75%	+9.33%	+8.07	🔒
5y	+13.56%	+12.16%	+8.24%	+5.32	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Dividend Yield funds, and how steady the lead is, in the app

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does LIC MF Dividend Yield Fund cost?

0.97% a year on the direct plan, 2.44% on the regular plan; 3 of 12 funds in its category charge less.

Direct plan

0.97% a year

Category median 1.21%

Regular plan

2.44% a year

Category median 2.37%

Gap

1.47 points

for the same holdings

3 of 12 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Equity Scheme - Dividend Yield Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages LIC MF Dividend Yield Fund?

Dikshit Mittal, since 31 Jul 2023; Sumit Bhatnagar, since 1 Sep 2026.

Dikshit Mittal

3.2 years

since 31 Jul 2023

Sumit Bhatnagar

0.1 years

since 1 Sep 2026

Benchmark as filedNIFTY 500 - TRI

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.

From 1 Scheme Summary Documents filed with NSE, first on 31 Aug 2026; as on 31 Aug 2026

What does LIC MF Dividend Yield Fund hold?

Not read yet: the fund house's monthly portfolio file is not covered so far.

Holdings not read yet (fund house not covered). The scorecard, the companies inside, how it is run and the look-alikes open once the house's monthly portfolio files are read.

Questions people ask

Who manages LIC MF Dividend Yield Fund?

Dikshit Mittal (manager) since 31 Jul 2023; Sumit Bhatnagar (manager) since 1 Sep 2026.

What is the expense ratio of LIC MF Dividend Yield Fund?

0.97% a year on the direct plan and 2.44% on the regular plan (expense report, Oct 2026).

How has LIC MF Dividend Yield Fund done?

Its direct plan returned +17.40% a year over 3 years against +9.33% for its benchmark, Nifty 500 TRI, as of 13 Oct 2026.