LIC MF Dividend Yield Fund vs UTI Balanced Hybrid Fund
Direct Plan, Growth option · Data as on 30-10-2026
LIC MF Dividend Yield Fund is a Dividend Yield fund and UTI Balanced Hybrid Fund is a Hybrid fund. LIC MF Dividend Yield Fund charges 0.97% a year and UTI Balanced Hybrid Fund 1.93% (Direct plans). Their portfolios overlap 22.4%: they hold 14 of the same securities.
Which is better, LIC MF Dividend Yield or UTI Balanced Hybrid? 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 costs less: 0.97% a year against 1.93% (Direct plans).
- UTI Balanced Hybrid fell less in its worst fall since 07-09-2026: −3.1% against −8.1%.
- LIC MF Dividend Yield holds more in large companies: 42.5% of the fund in large caps against 20.4%.
- LIC MF Dividend Yield is the larger fund: ₹738 Cr against ₹160 Cr.
- Their portfolios overlap 22.4%: 14 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 | UTI Balanced Hybrid Fund |
|---|---|---|
| Fund house | LIC Mutual Fund | UTI Mutual Fund |
| Category | Dividend Yield | Hybrid |
| AUM | ₹738 Cr (30-09-2026) | ₹160 Cr (30-09-2026) |
| NAV | ₹33.71 (Direct) | ₹9.82 (Direct) |
| Expense ratio (Direct) | 0.97% | 1.93% |
| Expense ratio (Regular) | 2.44% | 3.23% |
| Riskometer | Very High | High |
| Benchmark | Nifty 500 TRI | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 21-12-2018 | 02-09-2026 |
| Minimum investment | ₹5,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Dikshit Mittal, Sumit Bhatnagar | Ajay Tyagi FM 1, Kamal Gada FM 2, Anurag Mittal FM 3 |
| 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. | Redemption / switch-out of 10% of Units allotted on or before completion of 12 months from the date of allotment- Nil exit loadRedemption/ switch out in excess of the 10% of Units allotted on or before completion of 12 months from the date of allotment – 1.00% exit loadIf redeemed / switched out after 12 months from the date of allotment – Nil exit load |
LIC MF Dividend Yield vs UTI Balanced Hybrid: 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% | -- | -- |
| UTI Balanced Hybrid Fund (Direct) | −1.01% | -- | -- | -- | -- | -- | -- |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | -- | -- |
Category average: the average of the 12 Dividend Yield funds, same plan type.
LIC MF Dividend Yield vs UTI Balanced Hybrid: Year-wise Returns
| Year | LIC MF Dividend YieldLIC MF Dividend Yield | UTI Balanced HybridUTI Balanced Hybrid |
|---|---|---|
| 2026to date | −0.50% | -- |
| 2025 | +4.39% | -- |
| 2024 | +33.29% | -- |
LIC MF Dividend Yield vs UTI Balanced Hybrid: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of LIC MF Dividend Yield Fund
LIC MF Dividend Yield vs UTI Balanced Hybrid: 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) | UTI Balanced Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +16.07% | −12.23% |
| Standard deviation | 15.55% | 5.56% |
| Sharpe ratio | 0.64 | -3.17 |
| Sortino ratio | 0.87 | -3.62 |
| Maximum drawdown | −20.4% (28-02-2025) | −3.1% (23-10-2026) |
| Beta | 1.05 | -- |
| Alpha | +6.89% | -- |
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)
UTI Balanced Hybrid 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) | −8.1% | 08-09-2026 | 23-10-2026 | Not yet | -- | −6.8% |
| UTI Balanced Hybrid Fund (Direct) | −3.1% | 18-09-2026 | 23-10-2026 | Not yet | -- | −2.2% |
| Nifty 500 TRI | −7.4% | 07-09-2026 | 23-10-2026 | Not yet | -- | −5.4% |
From daily values since 07-09-2026, the first day every fund has.
LIC MF Dividend Yield vs UTI Balanced Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: LIC MF Dividend Yield Fund, September 2026; UTI Balanced Hybrid Fund, September 2026
Holdings in common
- Overlap
- 22.4%
- Held by both
- 14
- Only in LIC MF Dividend Yield
- 42
- Only in UTI Balanced Hybrid
- 13
| Security | % of LIC MF Dividend Yield | % of UTI Balanced Hybrid |
|---|---|---|
| HDFC Bank Ltd. | 4.71% | 2.77% |
| ICICI Bank Ltd. | 3.59% | 2.69% |
| Kotak Mahindra Bank Ltd. | 2.68% | 2.94% |
| InterGlobe Aviation Ltd. | 2.07% | 2.47% |
| Hyundai Motor India Ltd. | 1.61% | 1.83% |
| LG Electronics India Ltd. | 2.15% | 1.52% |
| SRF Ltd. | 1.85% | 1.52% |
| Pidilite Industries Ltd. | 1.74% | 1.49% |
| Jindal Stainless Ltd. | 2.00% | 1.40% |
| Tata Communications Ltd. | 1.66% | 1.38% |
| Ratnamani Metals & Tubes Ltd. | 1.07% | 0.96% |
| Sun Pharmaceutical Industries Ltd. | 0.94% | 1.60% |
| Shriram Finance Ltd. | 1.78% | 0.71% |
| Anthem Biosciences Ltd. | 2.02% | 0.69% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 22.4% means 22.4% 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% |
| Axis Bank Ltd. | 2.55% |
| Tata Consultancy Services Ltd. | 2.45% |
Largest holdings only in UTI Balanced Hybrid Fund
| Security | % of fund |
|---|---|
| 06.94% GSEC Mat- 11/05/2036 | 15.35% |
| EQ - SCHAEFFLER INDIA LTD | 2.51% |
| EQ - ETERNAL LIMITED | 2.39% |
| EQ-JSW INFRASTRUCTURE LIMITED | 1.52% |
| EQ - HDFC ASSET MANAGEMENT COMPANY | 1.48% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | LIC MF Dividend Yield | UTI Balanced Hybrid |
|---|---|---|
| Equity | 95.1% | 38.9% |
| Debt | 0.0% | 15.3% |
| Cash and others | 4.9% | 45.8% |
Market cap of stocks
| Market cap | LIC MF Dividend Yield | UTI Balanced Hybrid |
|---|---|---|
| Large Cap | 42.5% | 20.4% |
| Mid Cap | 19.9% | 14.4% |
| Small Cap | 32.5% | 4.2% |
| Not on AMFI's list | 0.2% | 0.0% |
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 | UTI Balanced Hybrid |
|---|---|---|
| Banks | 14.6% | 8.4% |
| Electrical Equipment | 7.5% | 0.0% |
| Pharmaceuticals & Biotechnology | 6.4% | 2.3% |
| Industrial Products | 6.2% | 1.0% |
| Automobiles | 5.8% | 1.8% |
| Finance | 5.0% | 2.1% |
| Chemicals & Petrochemicals | 4.2% | 3.5% |
| Auto Components | 4.2% | 2.5% |
| Retailing | 1.4% | 3.1% |
| Transport Services | 2.1% | 2.5% |
The six largest sectors of each fund's stocks, % of the fund.
LIC MF Dividend Yield vs UTI Balanced Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | LIC MF Dividend Yield Fund | UTI Balanced Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.97% | 1.93% |
| Base expense ratio (Direct) | 0.72% | 0.75% |
| Total expense ratio (Regular) | 2.44% | 3.23% |
| Base expense ratio (Regular) | 2.04% | 1.85% |
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
LIC MF Dividend Yield Fund vs UTI Balanced Hybrid Fund: Frequently Asked Questions
What is the difference between LIC MF Dividend Yield Fund and UTI Balanced Hybrid Fund?
LIC MF Dividend Yield Fund is a Dividend Yield fund, UTI Balanced Hybrid Fund is a Hybrid fund, run by LIC Mutual Fund and UTI Mutual Fund. Their portfolios overlap 22.4%. LIC MF Dividend Yield Fund charges 0.97% a year and UTI Balanced Hybrid Fund 1.93%.
Which has the lower expense ratio, LIC MF Dividend Yield Fund or UTI Balanced Hybrid Fund?
LIC MF Dividend Yield Fund charges less: 0.97% a year against 1.93%. These are the Direct plans' total expense ratios reported to AMFI.
How much do LIC MF Dividend Yield Fund and UTI Balanced Hybrid Fund overlap?
22.4%. They hold 14 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, KOTAKBANK. From each fund's latest monthly portfolio.
Which is riskier, LIC MF Dividend Yield Fund or UTI Balanced Hybrid Fund?
On SEBI's riskometer, LIC MF Dividend Yield Fund is rated Very High and UTI Balanced Hybrid Fund High. Over their common history, the standard deviation of daily returns was 15.55% and 5.56% a year.
Can I invest in both LIC MF Dividend Yield Fund and UTI Balanced Hybrid Fund?
Yes. 22.4% 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 UTI Balanced Hybrid Fund?
LIC MF Dividend Yield Fund: Dikshit Mittal, Sumit Bhatnagar. UTI Balanced Hybrid Fund: Ajay Tyagi FM 1, Kamal Gada FM 2, Anurag Mittal FM 3.
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.