{"id":247787,"date":"2026-09-16T09:41:45","date_gmt":"2026-09-16T04:11:45","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T09:41:45","modified_gmt":"2026-09-16T04:11:45","slug":"lic-mf-dividend-yield-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/","title":{"rendered":"LIC MF Dividend Yield Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-dividend-yield-fund-g-direct-plan\">LIC MF Dividend Yield Fund Direct Growth Plan<\/a> currently has a NAV of \u20b935.2388 as of 15 Sep 2026, with scheme AUM of \u20b9759 Cr. Its 1-year, 3-year and 5-year returns are 4.5%, 17.78% and 14.72% respectively, and the fund sits in the High Risk category.<\/p>\n<p>Our view is that the fund fits investors who can accept a sharper swing in returns in exchange for a portfolio that has still compounded well over longer periods. Recent performance has been softer than the 3-year and 5-year trail, while the equity-heavy, stock-specific portfolio can make outcomes less smooth than a broad market index.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_LIC_MF_Dividend_Yield\" title=\"Should you BUY or HOLD LIC MF Dividend Yield?\">Should you BUY or HOLD LIC MF Dividend Yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_LIC_MF_Dividend_Yield_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of LIC MF Dividend Yield Fund Direct Growth Plan?\">What is the current NAV of LIC MF Dividend Yield Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#How_has_it_done_against_the_benchmark\" title=\"How has it done against the benchmark?\">How has it done against the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#How_does_it_compare_with_peer_funds_on_the_available_return_data\" title=\"How does it compare with peer funds on the available return data?\">How does it compare with peer funds on the available return data?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#What_is_the_funds_risk_profile_and_exit_load_structure\" title=\"What is the fund\u2019s risk profile and exit load structure?\">What is the fund\u2019s risk profile and exit load structure?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/lic-mf-dividend-yield-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b935.2388 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9759 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.72%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>21 Dec 2018<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9200<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Equity<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>Nil upto 12% of units and 1% for remaining units on or before 12M, Nil after 12M<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Dikshit Mittal, Sumit Bhatnagar<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Dikshit Mittal and Sumit Bhatnagar.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-3.53%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.72%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>4.5%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>17.78%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>14.72%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is uneven but not weak across every window. Over 1 month the fund fell less than the benchmark, and over 3 months it posted a small gain while the benchmark stayed negative. That tells us the strategy can behave differently from the broad market even in choppy phases.<\/p>\n<p>The 1-year return is modest at 4.5%, but it still stands well above the benchmark\u2019s -8.27%. That gap matters because it shows the fund protected capital better than the index over the last year, even though the absolute return was not strong.<\/p>\n<p>The longer record is more encouraging. The 3-year return of 17.78% is comfortably ahead of the benchmark\u2019s 5.59%, and the 5-year return of 14.72% also clears the benchmark\u2019s 5.58%. In our view, that points to a fund that has rewarded patient holding periods more than short-term timing.<\/p>\n<p>The time pattern also suggests some volatility in the recent run. The 1-year trail improves and then softens again, so the latest weakness looks more like a pause after a stronger multi-year stretch than a clean continuation of the earlier trend.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_LIC_MF_Dividend_Yield\"><\/span>Should you BUY or HOLD LIC MF Dividend Yield?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding LIC MF Dividend Yield? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-dividend-yield-fund-g-direct-plan\">LIC MF Dividend Yield Fund Direct Growth Plan<\/a><\/td>\n<td>4.5%<\/td>\n<td>17.78%<\/td>\n<td>14.72%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-dividend-yield-fund-g-direct-plan\">Tata Dividend Yield Fund Direct Growth Plan<\/a><\/td>\n<td>11.82%<\/td>\n<td>14.12%<\/td>\n<td>14.03%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-dividend-yield-fund-g-direct-plan\">SBI Dividend Yield Fund Direct Growth Plan<\/a><\/td>\n<td>3.72%<\/td>\n<td>10.74%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-dividend-yield-fund-g-direct-plan\">Aditya Birla SL Dividend Yield Fund Direct Growth Plan<\/a><\/td>\n<td>2.92%<\/td>\n<td>11.72%<\/td>\n<td>13.42%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/baroda-bnp-paribas-dividend-yield-fund-g-direct-plan\">Baroda BNP Paribas Dividend Yield Fund Direct Growth Plan<\/a><\/td>\n<td>1.1%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On the latest 1-year figure, the fund trails Tata Dividend Yield Fund Direct Growth Plan, which is stronger at 11.82%, but it still holds up better than the other peers shown here. That makes the short-term picture mixed rather than decisive.<\/p>\n<p>The longer-term picture is more supportive. The fund\u2019s 3-year return of 17.78% is above the available peer figures, and its 5-year return of 14.72% is also ahead of the comparable results we can see. So the fund\u2019s current softness does not erase a stronger multi-year track record.<\/p>\n<p>That split matters for investors. The peer set suggests the fund has been more compelling on longer holding periods than on the most recent 12 months, which is consistent with a strategy that may go through uneven phases before the longer compounding shows up.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Avalon Technologies Ltd.<\/td>\n<td>Electricals<\/td>\n<td>4.58%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>4.58%<\/td>\n<\/tr>\n<tr>\n<td>Garware Hi-Tech Films Ltd.<\/td>\n<td>Plastic Products<\/td>\n<td>4.26%<\/td>\n<\/tr>\n<tr>\n<td>TREPS<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>4.04%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>3.84%<\/td>\n<\/tr>\n<tr>\n<td>Tata Consultancy Services Ltd.<\/td>\n<td>IT<\/td>\n<td>2.79%<\/td>\n<\/tr>\n<tr>\n<td>Axis Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>2.63%<\/td>\n<\/tr>\n<tr>\n<td>Kotak Mahindra Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>2.62%<\/td>\n<\/tr>\n<tr>\n<td>Neuland Laboratories Ltd.<\/td>\n<td>Healthcare<\/td>\n<td>2.34%<\/td>\n<\/tr>\n<tr>\n<td>Bharat Electronics Ltd.<\/td>\n<td>Capital Goods<\/td>\n<td>2.26%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is Avalon Technologies Ltd. at 4.58%, which is a meaningful single-stock position but not an outsized one by itself. The next few holdings are close behind, including HDFC Bank Ltd. at the same weight and Garware Hi-Tech Films Ltd. just below that, so the top end is fairly even rather than dominated by one name.<\/p>\n<p>The drop from the largest holding to the tenth is gradual rather than sharp. That pattern usually suggests a portfolio that is spread across several active positions, even though some names still carry enough weight to matter more than the smaller tail holdings.<\/p>\n<p>The top 10 holdings account for approximately 33.94% of the portfolio, and there are 57 disclosed holdings in total. In our view, that combination points to a portfolio with both a meaningful core and a long tail of smaller positions, so individual holdings may influence returns but not in a purely concentrated way.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-dividend-yield-fund-g-direct-plan\">LIC MF Dividend Yield Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who can tolerate High Risk exposure and stay invested long enough for the multi-year pattern to matter. The return profile shows a weaker recent stretch than the 3-year and 5-year record, so short holding periods may not capture the strategy at its best.<\/p>\n<p>Our read is that the fund is more appropriate for investors who are comfortable with equity-style swings and who are looking beyond the benchmark\u2019s short-term behaviour. The trade-off is clear: you may accept a choppier near-term path in exchange for the possibility that the longer compounding pattern can reassert itself over time.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> Nil up to 12% of units and 1% for remaining units if sold within 12 months; no exit load after 12 months.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_LIC_MF_Dividend_Yield_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of LIC MF Dividend Yield Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b935.2388 as of 15 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return is 4.5%, the 3-year return is 17.78%, and the 5-year return is 14.72%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_it_done_against_the_benchmark\"><\/span>How has it done against the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has beaten the Nifty 50 over 1 year, 3 years and 5 years. The gap is especially clear over the 3-year and 5-year periods.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_peer_funds_on_the_available_return_data\"><\/span>How does it compare with peer funds on the available return data?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 3-year and 5-year returns are ahead of the comparable figures shown for the peer funds in this review, while the 1-year figure is more mixed.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b9200.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_funds_risk_profile_and_exit_load_structure\"><\/span>What is the fund\u2019s risk profile and exit load structure?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is classified as High Risk. The exit load is nil up to 12% of units and 1% for the remaining units if sold within 12 months, and there is no exit load after 12 months.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>LIC MF Dividend Yield Fund Direct Growth Plan shows a softer recent run than its longer-term record, but the 3-year and 5-year numbers still point to a fund that has compounded well over time. Against the benchmark, it has held up better across all the measured windows, and its longer-term returns compare favourably with the peer figures shown here. The portfolio is spread across 57 holdings, with the top 10 contributing a meaningful but not overwhelming share, which may help avoid extreme dependence on a single position.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 9:38 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"LIC MF Dividend Yield Fund Direct Growth Plan\",\"identifier\":\"lic-mf-dividend-yield-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"21 Dec 2018\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":35.2388,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"759 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.72\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":4.5},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":17.78},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":14.72},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Dikshit Mittal, Sumit Bhatnagar\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of LIC MF Dividend Yield Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b935.2388 as of 15 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 4.5%, the 3-year return is 17.78%, and the 5-year return is 14.72%.\"}},{\"@type\":\"Question\",\"name\":\"How has it done against the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has beaten the Nifty 50 over 1 year, 3 years and 5 years. The gap is especially clear over the 3-year and 5-year periods.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on the available return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 3-year and 5-year returns are ahead of the comparable figures shown for the peer funds in this review, while the 1-year figure is more mixed.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9200.\"}},{\"@type\":\"Question\",\"name\":\"What is the fund\u2019s risk profile and exit load structure?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is classified as High Risk. The exit load is nil up to 12% of units and 1% for the remaining units if sold within 12 months, and there is no exit load after 12 months.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LIC MF Dividend Yield Fund Direct Growth Plan combines a \u20b935.2388 NAV, \u20b9759 Cr AUM and High Risk profile with 4.5%, 17.78% and 14.72% returns.<\/p>\n","protected":false},"author":38,"featured_media":247786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-247787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["247786"],"rank_math_title":["LIC MF Dividend Yield Fund Review 2026"],"rank_math_description":["LIC MF Dividend Yield Fund Direct Growth Plan NAV \u20b935.2388; 1Y 4.5%, 3Y 17.78%, 5Y 14.72%."],"rank_math_focus_keyword":["LIC MF Dividend Yield Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/LIC_MF_Dividend_Yield_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=247787"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/247786"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=247787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=247787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=247787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}