Investment Objective and Approach

The scheme seeks to provide long term capital appreciation and dividend distribution by investing predominantly in dividend yielding equity and equity related instruments.

The Investment strategy of the Scheme would be to invest predominantly in the stocks of dividend yielding companies as identified at the time of investment. Though the dividend yield is the major criteria for selection of the stocks for constructing portfolio, other parameters such as but not limited to cash flow generation, earning growth prospect, business fundamentals, expansion plans, competitive position including pricing power, strong balance sheet, management quality etc. would also be considered.

The fund follows a value investing approach by focusing on companies with:

- High dividend yield ratios

- Strong cash flow generation capabilities

- Solid business fundamentals and balance sheets

- Quality management teams

- Competitive market positioning with pricing power

- Growth prospects and expansion plans

LIC MF Dividend Yield Fund - Direct Plan is mandated to invest predominantly in companies which have a high dividend yield ratio. The fund's allocation of assets is distributed as 96.32% in equities, 0.00% in bonds, and 3.68% in cash and cash equivalents.

Fund Managers

Alok Ranjan is the Current Fund Manager of LIC MF Dividend Yield Fund Direct Growth fund. The fund is managed by experienced professionals who bring extensive expertise in equity research and portfolio management.

Key fund managers associated with LIC Mutual Fund include experienced professionals with strong backgrounds in equity research and fund management. The fund management team focuses on identifying high-quality dividend-yielding companies through comprehensive fundamental analysis.

About the Fund House (AMC)

LIC, the most trusted name in the field of insurance, launched its mutual fund wing on 20th April 1989. Due to its reputation and size, it quickly became a favourite with investors. It is an associate company of the Life Insurance Corporation of India.

LIC Mutual Fund was established in 1989 by LIC of India, India's most trusted brand. The fund house is emerging as one of the most trusted fund managers due to its high standards of financial ethics and corporate governance. It strives to create value for its investors by adopting innovative strategies for investment as well as giving an excellent service experience.

LIC Mutual Fund Asset Management Limited is managing 226 schemes with an Asset under Management of ₹ 36,958.73 crores. Excluding variants, LIC Mutual Fund Asset Management Limited is managing 10 Equity schemes, 7 Debt schemes, 6 Hybrid schemes and 2 Money market schemes.

Registered with SEBI in 1994, LIC Mutual Fund has a rich history of almost 30 years in effectively managing investors' funds. LIC Mutual Fund Asset Management Limited custodian is Stock Holding Corporation of India. Its registrar and transfer agent is KFin Technologies Ltd.

Key Financial Highlights:

- As of 26-Aug-25, it has NAV of ₹30.00, AUM of ₹639.84 Crores & expense ratio of 2.34%.

- The LIC MF Dividend Yield Fund was launched on Dec 03 2018. The fund has delivered a CAGR of 19.69 since inception.

- LIC MF Dividend Yield Fund Regular Growth, gave a CAGR of 17.87% since inception.

Should I Invest in LIC MF Dividend Yield Fund?

LIC MF Dividend Yield Fund is suitable for investors seeking:

Ideal For:

- Long-term wealth creation with regular income potential

- Investors with moderate to high risk appetite

- Those looking for exposure to dividend-paying quality companies

- Investors seeking professional fund management from a trusted AMC

Key Investment Features:

- The minimum SIP for LIC MF Dividend Yield Fund is ₹200. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000.

- The LIC MF Dividend Yield Fund Direct Growth is rated Very High risk.

- Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 12 months.

Performance Track Record:

- LIC MF Dividend Yield Fund Direct - Growth scheme return performance in last 1 year is -3.89%, in last 3 years is 80.77% and 225.28% since scheme launch.

- Over the past five years, LIC MF Dividend Yield Fund - Regular Plan has delivered an annualised return of 25.45% as of 13-Jun-2025.

Warning: Do not invest in this, or any other dividend yield fund, if you need to redeem your investment in less than five years.

The fund is best suited for investors with a long-term investment horizon who can withstand market volatility and are looking for exposure to quality dividend-yielding companies.

FAQs

What is today's NAV of LIC MF Dividend Yield Fund?

The latest NAV decalared is ₹32.593 as on 28 Aug 2025 at 3:20 pm. NAV is updated daily after market hours.

What is the AUM of LIC MF Dividend Yield Fund?

The AUM of LIC MF Dividend Yield Fund, is ₹639.84 crore. This reflects the total assets managed by the fund as of the latest reporting date.

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

The expense ratio of LIC MF Dividend Yield Fund is 0.75% for the direct plan, while the regular plan has a higher expense ratio of 2.34%.

What are the returns of LIC MF Dividend Yield Fund since inception?

The fund has delivered a CAGR of 19.69 since inception. The fund was launched in December 2018 and has shown strong performance over its operational period.

What is the minimum SIP amount to invest in LIC MF Dividend Yield Fund?

The minimum SIP for LIC MF Dividend Yield Fund is ₹200. This makes it accessible for small investors to start their investment journey.

How do I invest in LIC MF Dividend Yield Fund?

You can invest through Allvest platform online by completing your KYC, selecting the fund, and choosing between SIP or lump sum investment options. Direct plans are recommended for better returns.

How to start a SIP in LIC MF Dividend Yield Fund?

Visit Allvest platform, complete your registration, select LIC MF Dividend Yield Fund, choose SIP option, set your monthly amount (minimum ₹200), and select your preferred date for auto-debit.

How do I automate an SIP in LIC MF Dividend Yield Fund?

After setting up your SIP on Allvest, provide bank mandate for auto-debit. The amount will be automatically deducted monthly and invested in the fund on your chosen date.

How can I withdraw/redeem my investment in LIC MF Dividend Yield Fund?

You can redeem your investment through Allvest platform by submitting a redemption request. Note that exit load of 1% applies for redemptions within 12 months of investment.