Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹32.4088 -1.36%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
LIC MF Dividend Yield Fund - Direct Plan
|
|
Very High
|
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1.45 |
||
|
|
Very High
|
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0.73 |
|||
|
|
Very High
|
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0.56 |
|||
|
|
Very High
|
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0.54 |
|||
|
|
Very High
|
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1.39 |
₹330 Cr
1.00 (360)
5,000
1,000
1,000
12
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.
Suitability
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. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other dividend yield fund, if you need to redeem your investment in less than five years.
Capital Gains Taxation
Dividend Taxation
1 min read•By News Desk
LIC MF Dividend Yield Fund - Direct Plan is mandated to invest predominantly in companies which have a high dividend yield ratio.
Mutual funds can be bought directly from the website of the fund house. For instance, LIC MF Dividend Yield Fund - Direct Plan fund can be purchased from the website of LIC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of LIC MF Dividend Yield Fund - Direct Plan is ₹32.4088 as of 14-Aug-2024.
The AUM of LIC MF Dividend Yield Fund - Direct Plan Fund is ₹330 Cr as of 31-Jul-2024
The riskometer level of LIC MF Dividend Yield Fund - Direct Plan is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
2.85
|
|
|
2.55
|
|
|
2.52
|
|
|
2.44
|
|
|
2.25
|
As of 31-Jul-2024, LIC MF Dividend Yield Fund - Direct Plan had invested 96.64% in Equity and 3.36% in Cash & Cash Eq. See More
LIC MF Dividend Yield Fund - Direct Plan is 5 years 7 months old. It has delivered 24.07% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
58.19%
|
24.88%
|
26.97%
|
--
|
--
|
24.07%
|
No, There is no lock in period in LIC MF Dividend Yield Fund - Direct Plan.
The expense ratio of LIC MF Dividend Yield Fund - Direct Plan is 1.45.
Mutual Funds 
LIC MF LIC MF Dividend Yield Fund - Direct Plan
