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 | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹20.7821 | — | — | — | — |
| Regular Growth | ₹19.0557 | +1.83% | +8.18% | +17.01% | — |
| Direct IDCW | ₹20.7821 | — | — | — | — |
| Direct IDCW | ₹20.7821 | — | — | — | — |
| Regular IDCW | ₹19.0557 | — | — | — | — |
| Regular IDCW | ₹19.0557 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
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.
Frequently Asked Questions
How many stocks does Tata Dividend Yield Fund hold?
Tata Dividend Yield Fund holds 78 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 14.96% of NAV.
What is the largest holding in Tata Dividend Yield Fund?
The largest position in Tata Dividend Yield Fund is ICICI BANK LTD, accounting for 3.35% of NAV in the Banks sector.
Is Tata Dividend Yield Fund a concentrated or diversified fund?
With a Gini coefficient of 0.325, Tata Dividend Yield Fund is well-diversified. The HHI concentration index is 16,371 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 14.96% of the portfolio.
What is the market cap allocation of Tata Dividend Yield Fund?
Based on SEBI's AMFI classification, Tata Dividend Yield Fund's equity portfolio is split as: Large Cap: 57.73%, Mid Cap: 19.76%, Small Cap: 15.97%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does Tata Dividend Yield Fund invest in most?
Tata Dividend Yield Fund has the highest allocation to Banks (16.79%), Power (10.55%), Finance (7.69%). The fund is invested across 36 sectors in total.
How actively managed is Tata Dividend Yield Fund compared to other Dividend Yield Fund funds?
Tata Dividend Yield Fund has an Active Share of 58.23%, classifying it as "Active Stock Picker" among 11 Dividend Yield Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in Tata Dividend Yield Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, Tata Dividend Yield Fund added 7 new stocks (including MALCO ENERGY LTD) and exited 3 stocks (including JYOTI CNC AUTOMATION LTD). Total holding count increased from 76 to 80 stocks.