HealthyDirect · GrowthFit for a long SIP
LIC MF Dividend Yield Fund
LIC Mutual FundEquity Scheme - Dividend Yield Fund3.3 years
The scheme seeks to provide long term capital appreciation and dividend distribution by investing predominantly in dividend yielding equity and equity related instruments.
- NAV
- 33.7345
- 28 Oct 2026
- 1Y
- -1.8%
- Trailing CAGR
- Upside capture
- +131%
- Vs NIFTY 500 TRI
- Downside capture
- +107%
- Lower is better
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 28 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 100% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Watch
3.3 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.97% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -20.4%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Sumit Bhatnagar · 0.2 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 34.0% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 20%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-1.8%
- 3Y+17.7%
- 5Yn/a
- 10Yn/a
- SI+16.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.2%
- 3Y+6.3%
- 5Yn/a
- 10Yn/a
- Since inception
- +16.1%
- Calendar-day CAGR
- Excess 1Y
- +3.7%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +6.3%
- Simulated monthly SIP
- Worst rolling 3Y
- +16.6%
- 61 daily-ending windows
- Median rolling 3Y
- +18.6%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 29 Oct 2026.
- 1Y excess
- +6.2%
- Fund minus TRI
- 3Y excess
- +7.6%
- Fund minus TRI
- Upside capture
- +131%
- Benchmark-up months
- Downside capture
- +107%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -20.4%
- Worst peak-to-trough
- Current
- -7.8%
- Below last peak
- Current spell
- 58 days
- Days below latest peak
- Time below peak
- +85%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 15 days
- 46 recovered episodes
- Longest recovery
- 475 days
- Trough to prior peak
1 Oct 2024 – 18 Jun 2026
Trough 28 Feb 2025 · recovered in 475 days
-20.4%
31 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-9.2%
3 Jun 2024 – 7 Jun 2024
Trough 4 Jun 2024 · recovered in 3 days
-6.8%
11 Sept 2023 – 16 Nov 2023
Trough 26 Oct 2023 · recovered in 21 days
-5.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
73
Consistency
95
Risk-adjusted
59
Drawdown
49
Mean
75
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
31 Aug 2026 · 58 holdings · top 10 are 34.0%.
- Top 5
- 21.3%
- Top 10
- 34.0%
- Largest holding
- 4.6%
- Effective holdings
- 44.4
Avalon Technologies Ltd.
Industrials
4.6%
HDFC Bank Ltd
Financial
4.6%
Garware Hi-Tech Films Ltd
Materials
4.3%
Repo
Unspecified
4.0%
ICICI Bank Ltd
Financial
3.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
HDFC DIVIDEND YIELD FUND
HDFC Mutual Fund
- 1Y
- -6.7%
- 3Y
- +10.7%
- Vol
- 13.9%
- Max DD
- -20.0%
- Sharpe
- 0.82
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Baroda BNP Paribas Dividend Yield Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- -5.1%
- 3Y
- n/a
- Vol
- 12.5%
- Max DD
- -18.1%
- Sharpe
- -0.67
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
SBI Dividend Yield Fund
SBI Mutual Fund
- 1Y
- -3.5%
- 3Y
- +10.2%
- Vol
- 11.8%
- Max DD
- -17.8%
- Sharpe
- 0.56
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Sundaram Dividend Yield Fund (Formerly Known as Principal Dividend Yield Fund)
Sundaram Mutual Fund
- 1Y
- -9.8%
- 3Y
- +9.0%
- Vol
- 13.0%
- Max DD
- -18.9%
- Sharpe
- 0.27
- 3Y win
- +0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Tata Dividend Yield Fund
Tata Mutual Fund
- 1Y
- -0.6%
- 3Y
- +12.8%
- Vol
- 15.2%
- Max DD
- -20.4%
- Sharpe
- 0.55
- 3Y win
- +48%
- Lower volatility
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns