HealthyDirect · GrowthFit for a long SIP
Tata Dividend Yield Fund
Tata Mutual FundEquity Scheme - Dividend Yield Fund5.4 years
The scheme seeks to provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.
- NAV
- 20.3711
- 29 Oct 2026
- 1Y
- +0.3%
- Trailing CAGR
- Upside capture
- +108%
- Vs NIFTY 500 TRI
- Downside capture
- +95%
- 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 29 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 · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Pass
5.4 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.79% 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
Watch
48% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Hasmukh Vishariya · 1.7 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 ≈ 26.7% 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+0.3%
- 3Y+13.3%
- 5Y+12.6%
- 10Yn/a
- SI+13.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-0.8%
- 3Y+6.0%
- 5Y+12.1%
- 10Yn/a
- Since inception
- +13.9%
- Calendar-day CAGR
- Excess 1Y
- +5.6%
- Category median, same plan and option
- 3Y win rate
- +48%
- Windows beating the median
- 3Y percentile
- 83
- Vs comparable share classes
- SIP 3Y XIRR
- +6.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +11.9%
- 601 daily-ending windows
- Median rolling 3Y
- +19.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 107 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- +7.8%
- Fund minus TRI
- 3Y excess
- +2.9%
- Fund minus TRI
- Upside capture
- +108%
- Benchmark-up months
- Downside capture
- +95%
- 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
- -8.0%
- Below last peak
- Current spell
- 65 days
- Days below latest peak
- Time below peak
- +85%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 12 days
- 75 recovered episodes
- Longest recovery
- 243 days
- Trough to prior peak
26 Sept 2024 – 29 Oct 2025
Trough 28 Feb 2025 · recovered in 243 days
-20.4%
18 Oct 2021 – 30 Nov 2022
Trough 20 Jun 2022 · recovered in 163 days
-18.9%
5 Jan 2026 – 21 Apr 2026
Trough 23 Mar 2026 · recovered in 29 days
-12.4%
25 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-10.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
83
Vs category
85
Consistency
48
Risk-adjusted
53
Drawdown
49
Mean
64
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
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
31 Aug 2026 · 79 holdings · top 10 are 26.7%.
- Top 5
- 14.9%
- Top 10
- 26.7%
- Largest holding
- 3.2%
- Effective holdings
- 60.1
ICICI Bank Ltd
Financial
3.2%
Repo
Unspecified
3.1%
Radico Khaitan Ltd
Consumer Staples
3.1%
Larsen & Toubro Ltd
Industrials
2.9%
HDFC Bank Ltd
Financial
2.6%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Baroda BNP Paribas Dividend Yield Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- -4.9%
- 3Y
- n/a
- Vol
- 12.5%
- Max DD
- -18.1%
- Sharpe
- -0.65
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
HDFC DIVIDEND YIELD FUND
HDFC Mutual Fund
- 1Y
- -7.0%
- 3Y
- +10.9%
- Vol
- 13.9%
- Max DD
- -20.0%
- Sharpe
- 0.83
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
LIC MF Dividend Yield Fund
LIC Mutual Fund
- 1Y
- -1.8%
- 3Y
- +17.9%
- Vol
- 15.7%
- Max DD
- -20.4%
- Sharpe
- 0.69
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
Franklin India Dividend Yield Fund
Franklin Templeton Mutual Fund
- 1Y
- -7.9%
- 3Y
- +10.8%
- Vol
- 13.6%
- Max DD
- -38.0%
- Sharpe
- 0.62
- 3Y win
- +66%
- Lower volatility
- Higher win rate vs category
Caveat: Deeper drawdown · Higher TER · Lower trailing returns
SBI Dividend Yield Fund
SBI Mutual Fund
- 1Y
- -2.9%
- 3Y
- +10.6%
- Vol
- 11.9%
- Max DD
- -17.8%
- Sharpe
- 0.58
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns