October 4, 2023
mayank
LIC MF Dividend Yield Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 21.4057
NAV IDCW: Rs 21.4058
Suitable For Which Investors?
This is a fund that invests mainly in companies which have a high dividend yield, which is basically a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide long term capital appreciation and dividend distribution by investing predominantly in dividend yielding equity and equity related instruments.
Fund Manager:
1) Dikshit Mittal
Education: Mr. Mittal is a MBA (Finance) – ICFAI Busines School, Hyderabad. B-Tech (Chemical) – Punjab Technical University.
Experience: Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with Subhkam Ventures Pvt. Limited. SBI Capital Securities and Alchemy Shares and Stock Brokers.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 12% of the investment, 1% will be charged for redemption Within 12 months |
Basic Details of LIC MF Dividend Yield Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 21-Dec-18 |
| Return Since Launch | 17.89% |
| Benchmark | NIFTY 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 90 Cr |
| (As on 31-Aug-2023) | |
| Expense | 1.45% |
| (As on 31-Aug-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 13.00% |
LIC MF Dividend Yield Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Dividend Yld Dir | 17.55 | 0.15 | 1.98 | 7.67 | 21.00 | 21.76 | 21.78 | — | — | — |
| S&P BSE 500 TRI | 12.36 | -0.24 | 0.99 | 4.62 | 18.76 | 18.73 | 23.59 | — | — | — |
| Equity: Thematic-Dividend Yield | 19.83 | -0.22 | 2.20 | 7.95 | 19.73 | 27.29 | 26.79 | — | — | — |
| Rank within category | 6 | 2 | 6 | 6 | 4 | 8 | 6 | — | — | — |
| Number of funds in category | 8 | 9 | 9 | 9 | 9 | 8 | 6 | 5 | 5 | 4 |
LIC MF Dividend Yield Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| LIC MF Dividend Yld Dir | Unrated | 21.76 | 21.78 | — | 1.45 | 90 | 17.89 | 1.00 (12) | 4Y 9M | 13.00 |
| SBI Dividend Yld Dir | Unrated | — | — | — | 0.84 | 4,955 | 16.69 | 1.00 (365) | 6M | — |
| HDFC Dividend Yld Fund Dir | Unrated | 30.13 | — | — | 0.48 | 3,602 | 26.82 | 1.00 (365) | 2Y 9M | 13.35 |
| UTI Dividend Yield Dir | Unrated | 24.89 | 23.44 | 14.47 | 1.44 | 3,109 | 13.05 | 1.00 (364) | 10Y 9M | 25.00 |
| ICICI Pru Dividend Yld Eqt Dir | Unrated | 30.21 | 34.91 | 17.45 | 0.70 | 2,217 | 15.38 | 1.00 (365) | 9Y 4M | 32.00 |
Portfolio Analysis of LIC MF Dividend Yield Fund
| No. of Stocks | 33 |
| Top 10 Stocks | 43.55% |
| Top 5 Stocks | 25.97% |
| Top 3 Sectors | 49.37% |
| Portfolio P/B Ratio | 3.09 |
| Portfolio P/E Ratio | 18.12 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,35,040 | 1,29,005 |
| Giant (%) | 57.15 | 53.14 |
| Large (%) | 21.64 | 19.21 |
| Mid (%) | 18.70 | 22.71 |
| Small (%) | 2.52 | 5.55 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For LIC MF Dividend Yield Fund
Do not invest in this, or any other dividend yield fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.licmf.com/fund-overview/All
>> Post your MF questions @ sahifund.com/ask-me/
>> Stock Research Reports:
https://www.analysislibrary.com/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
>> For Higher studies, Interview skills, Competitive Exam books
http://www.gyanpothi.com/search-institutes/
>> Get Good Staff or Job, Click: Staffavailable.com
>> To apply for Government & PSU jobs, click
https://www.staffavailable.com/government-psu-jobs/
>> Go to IPOs Analysis Section, Click
>> Interested in Used Automobiles or vintage cars? Click: BigGaddi.com
>> Interested in Crossword Puzzles? Click: magajmari.com