LIC MF Dividend Yield Fund
The fund maintains a pronounced banking tilt—representing roughly 22% of the portfolio through direct holdings and finance sectors—betting heavily on dividend yield from India's established financial sector. The sharp exit of Tata Steel and L&T signals the manager is pruning cyclicals in favor of steadier dividend payers, while the dramatic surge in Treps (likely a cash management instrument) suggests tactical caution. This repositioning indicates conviction that stability and income matter more than growth exposure right now, though the concentrated top-10 structure leaves limited diversification benefits.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹33.4596 | — | — | — | — | — | — |
| Regular Growth | ₹30.4530 | +4.48% | -0.09% | -2.86% | +2.78% | — | — |
| Direct IDCW | ₹33.4429 | — | — | — | — | — | — |
| Regular IDCW | ₹30.4523 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight | |
|---|---|---|
| No new entries this month | ||
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 5.73% |
| 2 | Treps | 4.16% |
| 3 | ICICI Bank Ltd. INE090A01021 | 3.83% |
| 4 | Tata Consultancy Services Ltd. INE467B01029 | 3.09% |
| 5 | Axis Bank Ltd. INE238A01034 | 2.95% |
| 6 | NTPC Ltd. INE733E01010 | 2.81% |
| 7 | Garware Hi-Tech Films Ltd. INE291A01017 | 2.74% |
| 8 | Avalon Technologies Ltd. INE0LCL01028 | 2.41% |
| 9 | Kotak Mahindra Bank Ltd. INE237A01036 | 2.28% |
| 10 | Bharat Electronics Ltd. INE263A01024 | 2.19% |
| 11 | Apollo Hospitals Enterprise Ltd. INE437A01024 | 2.09% |
| 12 | Allied Blenders And Distillers Ltd. INE552Z01027 | 2.07% |
| 13 | InterGlobe Aviation Ltd. INE646L01027 | 1.99% |
| 14 | Shriram Finance Ltd. INE721A01047 | 1.89% |
| 15 | LG Electronics India Ltd. INE324D01010 | 1.85% |
| 16 | Techno Electric & Engineering Co. Ltd. INE285K01026 | 1.82% |
| 17 | Pidilite Industries Ltd. INE318A01026 | 1.82% |
| 18 | Dee Development Engineers Ltd. INE841L01016 | 1.77% |
| 19 | Neuland Laboratories Ltd. INE794A01010 | 1.76% |
| 20 | Hindustan Unilever Ltd. INE030A01027 | 1.73% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.