LIC MF Dividend Yield Fund vs Tata Dividend Yield Fund
Direct Plan, Growth option · Data as on 30-10-2026
LIC MF Dividend Yield Fund and Tata Dividend Yield Fund are both Dividend Yield funds. In the 3 years to 30-10-2026, LIC MF Dividend Yield Fund (Direct) returned 17.6% a year and Tata Dividend Yield Fund (Direct) returned 13.0% a year. LIC MF Dividend Yield Fund charges 0.97% a year and Tata Dividend Yield Fund 0.81% (Direct plans). Their portfolios overlap 23.9%: they hold 15 of the same securities.
LIC MF Dividend Yield Fund
Dividend Yield
- 3 year return
- 17.6%
- Expense ratio
- 0.97%
- NAV
- ₹33.71
Tata Dividend Yield Fund
Dividend Yield
- 3 year return
- 13.0%
- Expense ratio
- 0.81%
- NAV
- ₹20.24
Which is better, LIC MF Dividend Yield or Tata Dividend Yield? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- LIC MF Dividend Yield returned more over 3 years: 17.6% a year against 13.0%.
- Tata Dividend Yield returned more over 1 year: −0.2% against −2.2%.
- Tata Dividend Yield costs less: 0.81% a year against 0.97% (Direct plans).
- LIC MF Dividend Yield swung less over 3 years: a standard deviation of 15.9% a year against 15.9%.
- Tata Dividend Yield fell less in its worst fall since 31-07-2023: −20.4% against −20.4%.
- Tata Dividend Yield is the larger fund: ₹1,109 Cr against ₹738 Cr.
- Their portfolios overlap 23.9%: 15 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | LIC MF Dividend Yield Fund | Tata Dividend Yield Fund |
|---|---|---|
| Fund house | LIC Mutual Fund | Tata Mutual Fund |
| Category | Dividend Yield | Dividend Yield |
| AUM | ₹738 Cr (30-09-2026) | ₹1,109 Cr (30-09-2026) |
| NAV | ₹33.71 (Direct) | ₹20.24 (Direct) |
| Expense ratio (Direct) | 0.97% | 0.81% |
| Expense ratio (Regular) | 2.44% | 2.33% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Launch date | 21-12-2018 | 20-05-2021 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Dikshit Mittal, Sumit Bhatnagar | Murthy Nagarajan, Sailesh Jain, Hasmukh Vishariya |
| Exit load | Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 12 months from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 12 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 12 months from the date of allotment. | Exit load of 0.50%, if redeemed within 30 days. |
LIC MF Dividend Yield vs Tata Dividend Yield: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| LIC MF Dividend Yield Fund (Direct) | −4.08% | −4.94% | +2.30% | −2.19% | +17.64% | -- | -- |
| Tata Dividend Yield Fund (Direct) | −3.10% | −5.37% | −1.90% | −0.20% | +12.98% | +12.43% | -- |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | +12.06% | -- |
Category average: the average of the 12 Dividend Yield funds, same plan type.
LIC MF Dividend Yield vs Tata Dividend Yield: Year-wise Returns
| Year | LIC MFLIC MF Dividend Yield | TataTata Dividend Yield | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −0.50% | −1.14% | −7.51% |
| 2025 | +4.39% | +10.38% | +7.76% |
| 2024 | +33.29% | +13.67% | +16.24% |
| 2023 | -- | +38.09% | +26.91% |
| 2022 | -- | +2.86% | +4.25% |
LIC MF Dividend Yield vs Tata Dividend Yield: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 61 of them, one for each trading day from 31-07-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
LIC MF Dividend Yield Fund (Direct)
Tata Dividend Yield Fund (Direct)
Nifty 500 TRI
to
Aug 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LIC MF Dividend Yield | 0.0 | 0.0 | 0.0 | 0.0 | 63.9 | 36.1 | 0.0 | 19.1% | 18.7% | 16.6% | 21.5% | 100% |
| Tata Dividend Yield | 0.0 | 0.0 | 0.0 | 55.7 | 44.3 | 0.0 | 0.0 | 14.8% | 14.8% | 11.9% | 17.4% | 100% |
| Nifty 500 TRI | 0.0 | 0.0 | 31.1 | 68.9 | 0.0 | 0.0 | 0.0 | 11.1% | 10.8% | 8.8% | 13.5% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 31-07-2023. Past returns do not promise future returns.
LIC MF Dividend Yield vs Tata Dividend Yield: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 31-07-2023 to 30-10-2026: 40 instalments, ₹4,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| LIC MF Dividend YieldLIC MF Dividend Yield Fund (Direct) | ₹4,00,000 | ₹4,57,293 | ₹57,293 | 8.0% |
| Tata Dividend YieldTata Dividend Yield Fund (Direct) | ₹4,00,000 | ₹4,48,085 | ₹48,085 | 6.8% |
LIC MF Dividend YieldLIC MF Dividend Yield Fund (Direct)
Tata Dividend YieldTata Dividend Yield Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
LIC MF Dividend Yield vs Tata Dividend Yield: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | LIC MF Dividend Yield Fund (Direct) | Tata Dividend Yield Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.19% | −0.20% |
| Standard deviation | 15.46% | 15.22% |
| Sharpe ratio | -0.48 | -0.36 |
| Sortino ratio | -0.66 | -0.48 |
| Maximum drawdown | −16.0% (31-03-2026) | −12.4% (23-03-2026) |
| Beta | 1.02 | 1.03 |
| Alpha | +5.37% | +7.49% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | LIC MF Dividend Yield Fund (Direct) | Tata Dividend Yield Fund (Direct) |
|---|---|---|
| Return (CAGR) | +17.64% | +12.98% |
| Standard deviation | 15.91% | 15.93% |
| Sharpe ratio | 0.73 | 0.44 |
| Sortino ratio | 1.00 | 0.58 |
| Maximum drawdown | −20.4% (28-02-2025) | −20.4% (28-02-2025) |
| Beta | 1.06 | 1.07 |
| Alpha | +7.19% | +2.46% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | LIC MF Dividend Yield Fund (Direct) | Tata Dividend Yield Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.07% | +13.79% |
| Standard deviation | 15.55% | 15.02% |
| Sharpe ratio | 0.64 | 0.55 |
| Sortino ratio | 0.87 | 0.73 |
| Maximum drawdown | −20.4% (28-02-2025) | −20.4% (28-02-2025) |
| Beta | 1.05 | 1.02 |
| Alpha | +6.89% | +2.56% |
From daily NAVs, 31-07-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
LIC MF Dividend Yield Fund (Direct)
Tata Dividend Yield Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| LIC MF Dividend Yield Fund (Direct) | −20.4% | 01-10-2024 | 28-02-2025 | 18-06-2026 | 16 months | −7.9% |
| Tata Dividend Yield Fund (Direct) | −20.4% | 26-09-2024 | 28-02-2025 | 29-10-2025 | 8 months | −8.6% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 31-07-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
LIC MF Dividend Yield Fund (Direct)
Tata Dividend Yield Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
LIC MF Dividend Yield Fund (Direct)
Tata Dividend Yield Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| LIC MF Dividend Yield Fund (Direct) | 131% | 107% | 5.67% |
| Tata Dividend Yield Fund (Direct) | 111% | 98% | 4.36% |
From month-end values since 31-07-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
LIC MF Dividend Yield vs Tata Dividend Yield: Portfolio Overlap
From each fund's latest monthly portfolio: LIC MF Dividend Yield Fund, September 2026; Tata Dividend Yield Fund, September 2026
Holdings in common
- Overlap
- 23.9%
- Held by both
- 15
- Only in LIC MF Dividend Yield
- 41
- Only in Tata Dividend Yield
- 63
| Security | % of LIC MF Dividend Yield | % of Tata Dividend Yield |
|---|---|---|
| ICICI Bank Ltd. | 3.59% | 3.04% |
| HDFC Bank Ltd. | 4.71% | 2.97% |
| Bharat Electronics Ltd. | 2.18% | 2.25% |
| Radico Khaitan Ltd. | 1.98% | 3.14% |
| Multi Commodity Exchange Of India Ltd. | 1.91% | 2.40% |
| Shriram Finance Ltd. | 1.78% | 1.74% |
| NTPC Ltd. | 2.04% | 1.54% |
| Samvardhana Motherson International Ltd. | 1.59% | 1.44% |
| Bajaj Auto Ltd. | 1.85% | 1.16% |
| Hindustan Aeronautics Ltd. | 1.15% | 1.43% |
| Axis Bank Ltd. | 2.55% | 1.14% |
| Tata Consultancy Services Ltd. | 2.45% | 1.13% |
| Bharti Airtel Ltd. | 1.06% | 1.57% |
| InterGlobe Aviation Ltd. | 2.07% | 0.84% |
| Mahindra & Mahindra Ltd. | 1.12% | 0.62% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 23.9% means 23.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in LIC MF Dividend Yield Fund
| Security | % of fund |
|---|---|
| Garware Hi-Tech Films Ltd. | 4.31% |
| Avalon Technologies Ltd. | 3.49% |
| Allied Blenders And Distillers Ltd. | 2.69% |
| Kotak Mahindra Bank Ltd. | 2.68% |
| Neuland Laboratories Ltd. | 2.24% |
Largest holdings only in Tata Dividend Yield Fund
| Security | % of fund |
|---|---|
| LARSEN & TOUBRO LTD | 2.80% |
| PNB HOUSING FINANCE LTD | 2.66% |
| SYRMA SGS TECHNOLOGY LTD | 2.52% |
| RUNWAL ENTERPRISES LTD | 2.25% |
| RBL BANK LTD | 2.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | LIC MF Dividend Yield | Tata Dividend Yield |
|---|---|---|
| Equity | 95.1% | 96.5% |
| Debt | 0.0% | 0.0% |
| Cash and others | 4.9% | 3.5% |
Market cap of stocks
| Market cap | LIC MF Dividend Yield | Tata Dividend Yield |
|---|---|---|
| Large Cap | 42.5% | 50.6% |
| Mid Cap | 19.9% | 19.1% |
| Small Cap | 32.5% | 20.4% |
| Not on AMFI's list | 0.2% | 6.5% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | LIC MF Dividend Yield | Tata Dividend Yield |
|---|---|---|
| Banks | 14.6% | 16.0% |
| Power | 2.2% | 8.5% |
| Capital Markets | 1.9% | 7.8% |
| Electrical Equipment | 7.5% | 4.4% |
| Finance | 5.0% | 6.5% |
| Pharmaceuticals & Biotechnology | 6.4% | 0.0% |
| Industrial Products | 6.2% | 2.4% |
| Automobiles | 5.8% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
LIC MF Dividend Yield vs Tata Dividend Yield: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | LIC MF Dividend Yield Fund | Tata Dividend Yield Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.97% | 0.81% |
| Base expense ratio (Direct) | 0.72% | 0.59% |
| Total expense ratio (Regular) | 2.44% | 2.33% |
| Base expense ratio (Regular) | 2.04% | 1.90% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare LIC MF Dividend Yield with
LIC MF Dividend Yield Fund vs Tata Dividend Yield Fund: Frequently Asked Questions
What is the difference between LIC MF Dividend Yield Fund and Tata Dividend Yield Fund?
Both are Dividend Yield funds, run by LIC Mutual Fund and Tata Mutual Fund. Their portfolios overlap 23.9%. LIC MF Dividend Yield Fund charges 0.97% a year and Tata Dividend Yield Fund 0.81%.
Which has given higher returns, LIC MF Dividend Yield Fund or Tata Dividend Yield Fund?
Over 1 year: LIC MF Dividend Yield Fund −2.19%, Tata Dividend Yield Fund −0.20%. Over 3 years: LIC MF Dividend Yield Fund +17.64% a year, Tata Dividend Yield Fund +12.98% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, LIC MF Dividend Yield Fund or Tata Dividend Yield Fund?
Tata Dividend Yield Fund charges less: 0.81% a year against 0.97%. These are the Direct plans' total expense ratios reported to AMFI.
How much do LIC MF Dividend Yield Fund and Tata Dividend Yield Fund overlap?
23.9%. They hold 15 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BEL. From each fund's latest monthly portfolio.
Which is riskier, LIC MF Dividend Yield Fund or Tata Dividend Yield Fund?
On SEBI's riskometer, LIC MF Dividend Yield Fund is rated Very High and Tata Dividend Yield Fund Very High. Over 3 years, the standard deviation of daily returns was 15.91% and 15.93% a year.
Which is better for SIP, LIC MF Dividend Yield Fund or Tata Dividend Yield Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,08,821 in LIC MF Dividend Yield Fund (XIRR 6.4% a year) and ₹4,03,831 in Tata Dividend Yield Fund (XIRR 5.6% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both LIC MF Dividend Yield Fund and Tata Dividend Yield Fund?
Yes. 23.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages LIC MF Dividend Yield Fund and Tata Dividend Yield Fund?
LIC MF Dividend Yield Fund: Dikshit Mittal, Sumit Bhatnagar. Tata Dividend Yield Fund: Murthy Nagarajan, Sailesh Jain, Hasmukh Vishariya.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.