Tata Dividend Yield Fund
The portfolio remains heavily anchored in dividend-paying banks and utilities, betting on steady income streams from established large-cap names. The manager's recent shift—adding energy and power infrastructure plays while trimming consumer staples—suggests conviction that the dividend yield sweet spot is moving toward capital-intensive sectors benefiting from India's infrastructure buildout. With 26% concentrated in the top ten holdings, the fund prioritizes quality over diversification, making it suitable for income-seeking investors comfortable with financial sector exposure.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹20.5805 | — | — | — | — | — | — |
| Regular Growth | ₹18.8716 | +3.61% | +1.19% | +0.19% | +9.08% | +16.91% | — |
| Direct IDCW | ₹20.5805 | — | — | — | — | — | — |
| Direct IDCW | ₹20.5805 | — | — | — | — | — | — |
| Regular IDCW | ₹18.8716 | — | — | — | — | — | — |
| Regular IDCW | ₹18.8716 | — | — | — | — | — | — |
Portfolio Metrics(latest month)
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| MALCO ENERGY LTD | 0.17% |
| GE VERNOVA T&D INDIA LTD | 1.19% |
| BHARAT PETROLEUM CORPORATION LTD | 0.50% |
| TALWANDI SABO POWER LTD | 0.17% |
| VEDANTA IRON AND STEEL LTD | 0.17% |
| VEDANTA ALUMINIUM METAL LTD | 0.17% |
| PSP PROJECTS LTD | 0.02% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI BANK LTD INE090A01021 | 3.35% |
| 2 | LARSEN & TOUBRO LTD INE018A01030 | 3.18% |
| 3 | HDFC BANK LTD INE040A01034 | 3.15% |
| 4 | BHARAT ELECTRONICS LTD INE263A01024 | 2.65% |
| 5 | PNB HOUSING FINANCE LTD INE572E01012 | 2.63% |
| 6 | RADICO KHAITAN LTD INE944F01028 | 2.62% |
| 7 | STATE BANK OF INDIA INE062A01020 | 2.43% |
| 8 | POWER GRID CORPORATION OF INDIA LTD INE752E01010 | 2.18% |
| 9 | NTPC LTD INE733E01010 | 2.03% |
| 10 | NAVIN FLUORINE INTERNATIONAL LTD INE048G01026 | 1.99% |
| 11 | A) REPO | 1.97% |
| 12 | RELIANCE INDUSTRIES LTD INE002A01018 | 1.97% |
| 13 | HDFC ASSET MANAGEMENT COMPANY LTD INE127D01025 | 1.96% |
| 14 | RBL BANK LTD INE976G01028 | 1.95% |
| 15 | MULTI COMMODITY EXCHANGE OF IND LTD INE745G01043 | 1.92% |
| 16 | INDIAN BANK INE562A01011 | 1.85% |
| 17 | ADANI POWER LTD INE814H01029 | 1.83% |
| 18 | BHARTI AIRTEL LTD INE397D01024 | 1.79% |
| 19 | SHRIRAM FINANCE LTD INE721A01047 | 1.77% |
| 20 | TVS MOTOR COMPANY LTD INE494B01023 | 1.73% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.