HDFC Dividend Yield Fund

Dividend YieldDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HDFC Dividend Yield Fund is a Dividend Yield fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹5,274 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.7% a year and its Regular plan returned 9.4% a year. Its benchmark, Nifty 500 TRI, returned 10.2% a year over the same 3 years.

NAV (Direct plan): ₹25.55; ▼ 0.41%30-10-2026
NAV (Regular plan): ₹23.61; ▼ 0.41%30-10-2026
Expense ratio: 0.88%Direct1.92%Regular; 0.88%; A year
Riskometer: Very High; Set by the fund house
3 year return: 10.7%Direct9.4%Regular; 10.7%; A year

HDFC Dividend Yield Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹25.55 (down 0.41% that day); Regular Plan Growth ₹23.61 (down 0.41% that day).

This fund (Direct plan)

₹25.554

HDFC Dividend Yield Fund Returns vs Nifty 500 TRI

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−1.10%	−5.04%	−2.02%	−6.99%	+10.67%	+12.37%	--
This fund (Regular)	−1.18%	−5.29%	−2.53%	−7.97%	+9.41%	+10.92%	--
Nifty 500 TRI	−0.75%	−6.05%	−2.83%	−7.34%	+10.22%	+8.81%	+12.51%
Dividend Yield average	−1.57%	−5.69%	−3.24%	−5.57%	+12.14%	+12.06%	--
Best in Dividend Yield	+0.07%	−4.46%	+2.30%	−0.20%	+17.64%	+14.70%	--
Worst in Dividend Yield	−4.08%	−8.44%	−6.77%	−9.73%	+9.25%	+10.06%	--
Rank in Dividend Yield	4/12	3/11	4/11	7/10	8/9	3/6	--

Category rows compare the Direct plans of 12 Dividend Yield funds. Rank 1 is the highest return.

HDFC Dividend Yield Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular	Nifty 500 TRI
2026to date	−5.77%	−6.60%	−7.51%
2025	+4.43%	+3.31%	+7.76%
2024	+17.62%	+16.16%	+16.24%
2023	+39.88%	+37.98%	+26.91%
2022	+8.58%	+6.88%	+4.25%
2021	+44.24%	+41.80%	+31.60%

HDFC Dividend Yield Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 706 periods, one for each trading day from 18-12-2023 to 30-10-2026.

0%10%20%30%40%

Mar 2021
to
Mar 2024Sept 2021
to
Sept 2024Mar 2022
to
Mar 2025Aug 2022
to
Aug 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 2026

HDFC Dividend Yield Fund (Direct)Nifty 500 TRI

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	1,198	12.6%	−7.8%	51.2%	13%	9.1%	67%
2 years	951	20.7%	−4.7%	41.2%	7%	15.5%	75%
3 years	706	20.5%	9.3%	31.9%	0%	16.5%	100%
5 years	212	16.8%	11.6%	22.1%	0%	12.6%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Benchmark median	Beat benchmark
1 year	59	13.8%	−20.1%	56.2%	14%	10.2%	71%
2 years	47	14.7%	−6.9%	44.4%	6%	11.5%	66%
3 years	35	18.2%	1.7%	35.3%	0%	15.6%	83%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat benchmark" counts the periods in which the fund did better than Nifty 500 TRI over the same days. Past returns do not promise future returns.

HDFC Dividend Yield Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	HDFC Dividend Yield Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	−6.99%	−7.34%
Standard deviation	13.25%	14.48%
Sharpe ratio	-0.92	-0.87
Sortino ratio	-1.22	-1.16
Maximum drawdown	−14.1% (30-03-2026)	−14.7% (30-03-2026)
Beta	0.91	1.00
Alpha	−0.77%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	HDFC Dividend Yield Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+10.67%	+10.22%
Standard deviation	14.05%	14.30%
Sharpe ratio	0.33	0.29
Sortino ratio	0.44	0.40
Maximum drawdown	−20.0% (03-03-2025)	−18.6% (28-02-2025)
Beta	0.97	1.00
Alpha	+0.59%	0.00%

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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	HDFC Dividend Yield Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+12.37%	+8.81%
Standard deviation	13.90%	14.36%
Sharpe ratio	0.47	0.21
Sortino ratio	0.64	0.28
Maximum drawdown	−20.0% (03-03-2025)	−18.6% (28-02-2025)
Beta	0.95	1.00
Alpha	+3.72%	0.00%

From daily NAVs, 29-10-2021 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

Measure	HDFC Dividend Yield Fund (Direct)This fund	Nifty 500 TRI
Return (CAGR)	+17.34%	+12.98%
Standard deviation	13.73%	14.46%
Sharpe ratio	0.87	0.52
Sortino ratio	1.18	0.71
Maximum drawdown	−20.0% (03-03-2025)	−18.6% (28-02-2025)
Beta	0.91	1.00
Alpha	+5.00%	0.00%

From daily NAVs, 18-12-2020 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: 1 moves with the benchmark, below 1 moves less. Alpha: return beyond what its beta explains, a year.

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.

−20%−15%−10%−5%0%

202120222023202420252026

HDFC Dividend Yield Fund (Direct)Nifty 500 TRI

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HDFC Dividend Yield Fund (Direct)	−20.0%	27-09-2024	03-03-2025	Not yet	--	−10.2%
Nifty 500 TRI	−18.6%	26-09-2024	28-02-2025	Not yet	--	−8.8%

From the Direct plan's daily NAV since 18-12-2020, adjusted for unit splits, and Nifty 500 TRI over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HDFC Dividend Yield Fund vs Other Dividend Yield Funds

The five Dividend Yield funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
LIC MF Dividend Yield Fund	1/9	738	0.97%	−2.19%	+17.64%	+7.19%	1.06	0.73	1.00	Compare
ICICI Prudential Dividend Yield Fund	2/9	6,328	0.76%	−9.73%	+13.40%	+3.73%	0.87	0.58	0.79	Compare
Tata Dividend Yield Fund	3/9	1,109	0.81%	−0.20%	+12.98%	+2.46%	1.07	0.44	0.58	Compare
UTI - Dividend Yield Fund	4/9	3,582	1.54%	−6.51%	+12.82%	+3.24%	0.85	0.54	0.75	Compare
Aditya Birla Sun Life Dividend Yield Fund	5/9	1,382	1.87%	−5.32%	+10.91%	+0.64%	0.97	0.33	0.44	Compare
HDFC Dividend Yield Fund	8/9	5,274	0.88%	−6.99%	+10.67%	+0.59%	0.97	0.33	0.44

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

HDFC Dividend Yield Fund Expense Ratio and Costs

What each plan charges a year, in force from 19-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Dividend Yield median	Cost rank (1 = cheapest)
Direct	0.72%	0.01%	0.00%	0.15%	0.88%	1.21%	3/12
Regular	1.60%	0.01%	0.00%	0.31%	1.92%	2.38%	1/12

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Dividend Yield funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−7.97%	−6.99%	0.98%	₹92,030	₹93,010
3 years	9.41%	10.67%	1.26% a year	₹1,30,970	₹1,35,547
5 years	10.92%	12.37%	1.45% a year	₹1,67,899	₹1,79,164

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

HDFC Dividend Yield Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 18-12-2020 to 30-10-2026: 71 instalments, ₹7,10,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHDFC Dividend Yield Fund (Direct)	₹7,10,000	₹10,03,681	₹2,93,681	11.6%
Regular planHDFC Dividend Yield Fund (Regular)	₹7,10,000	₹9,60,987	₹2,50,987	10.1%
Nifty 500 TRI	₹7,10,000	₹9,22,923	₹2,12,923	8.8%
Category averageCategory average, 12 Dividend Yield funds	₹7,10,000	₹10,05,088	₹2,95,088	11.7%

₹0₹5.0 L₹10.0 L₹15.0 L

202120222023202420252026

Direct planHDFC Dividend Yield Fund (Direct)Regular planHDFC Dividend Yield Fund (Regular)Nifty 500 TRICategory averageCategory average, 12 Dividend Yield fundsAmount invested

From each plan's published NAV (Growth option), the benchmark's TRI and the category average, 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.

HDFC Dividend Yield Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

98.9%Equity

Asset	Fund	Category
Equity	98.9%	88.3%
Cash and others	1.1%	11.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	62.6%	55.9%
Mid Cap	12.3%	15.2%
Small Cap	23.2%	15.1%
Not on AMFI's list	0.8%	0.9%

Share of the whole fund. Category: the average of the Dividend Yield funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

HDFC Dividend Yield Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks21.0%
IT - Software6.8%
Automobiles6.6%
Pharmaceuticals & Biotechnology6.6%
Finance4.5%
Telecom - Services4.2%
Industrial Products4.2%
Construction3.7%
Petroleum Products3.4%
Insurance3.1%

The ten largest of 40 sectors. The other 30 add up to 34.8%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	20.7%	21.1%	21.0%	+0.3%
IT - Software	7.2%	7.1%	6.8%	−0.4%
Automobiles	7.0%	7.0%	6.6%	−0.4%
Pharmaceuticals & Biotechnology	6.2%	6.6%	6.6%	+0.4%
Finance	4.9%	4.6%	4.5%	−0.4%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

HDFC Dividend Yield Fund Portfolio Holdings

As on 30-09-2026 · 129 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
ICICI Bank Ltd.	Banks	5.38%	0.0%
HDFC Bank Ltd.	Banks	4.97%	−2.6%
Axis Bank Ltd.	Banks	3.72%	0.0%
Larsen and Toubro Ltd.	Construction	2.64%	0.0%
Bharti Airtel Ltd.	Telecom - Services	2.62%	0.0%
Kotak Mahindra Bank Limited	Banks	2.45%	0.0%
Reliance Industries Ltd.	Petroleum Products	2.25%	0.0%
Tech Mahindra Ltd.	IT - Software	2.24%	0.0%
Maruti Suzuki India Limited	Automobiles	2.20%	0.0%
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals & Biotechnology	2.14%	0.0%
State Bank of India	Banks	2.00%	0.0%
Bajaj Auto Limited	Automobiles	1.96%	−3.1%
SBI Life Insurance Company Ltd.	Insurance	1.93%	0.0%
STERLITE TECHNOLOGIES LIMITED	Telecom - Equipment & Accessories	1.81%	−12.5%
NTPC Limited	Power	1.71%	0.0%
HCL Technologies Ltd.	IT - Software	1.68%	0.0%
INFO EDGE (INDIA) LIMITED	Retailing	1.67%	0.0%
Eicher Motors Ltd.	Automobiles	1.57%	0.0%
Indusind Bank Ltd.	Banks	1.45%	0.0%
Infosys Limited	IT - Software	1.42%	0.0%
Tata Steel Ltd.	Ferrous Metals	1.40%	0.0%
Tata Consultancy Services Ltd.	IT - Software	1.29%	0.0%
Aster DM Quality Care Limited	Healthcare Services	1.23%	0.0%
Coal India Ltd.	Consumable Fuels	1.17%	−3.3%
Cipla Ltd.	Pharmaceuticals & Biotechnology	1.11%	0.0%
ITC LIMITED	Diversified FMCG	1.07%	−6.5%
Hindustan Unilever Ltd.	Diversified FMCG	1.02%	0.0%
Balrampur Chini Mills Ltd.	Agricultural Food & Other Products	0.98%	0.0%
Hindustan Petroleum Corp. Ltd.	Petroleum Products	0.96%	0.0%
Oil & Natural Gas Corporation Ltd.	Oil	0.94%	0.0%
Apollo Hospitals Enterprise Ltd.	Healthcare Services	0.93%	0.0%
Ambuja Cements Ltd.	Cement & Cement Products	0.92%	0.0%
Embassy Office Parks REIT	Realty	0.83%
Nestle India Ltd.	Food Products	0.79%	0.0%
Finolex Cables Ltd.	Industrial Products	0.77%	−6.7%
UPL Ltd.	Fertilizers & Agrochemicals	0.77%	0.0%
CESC Ltd.	Power	0.76%	0.0%
Hindustan Aeronautics Limited	Aerospace & Defense	0.75%	0.0%
Cholamandalam Financial Holdings Ltd.	Finance	0.75%	0.0%
TD Power Systems Ltd.	Electrical Equipment	0.75%	0.0%
VRL Logistics Ltd.	Transport Services	0.73%	0.0%
Cummins India Ltd.	Industrial Products	0.72%	0.0%
Siemens Ltd.	Electrical Equipment	0.71%	0.0%
Bosch Limited	Auto Components	0.71%	0.0%
Divis Laboratories Ltd.	Pharmaceuticals & Biotechnology	0.70%	0.0%
RHI MAGNESITA INDIA Limited	Industrial Products	0.70%	0.0%
Power Finance Corporation Ltd.	Finance	0.68%	0.0%
PNB Housing Finance Ltd.	Finance	0.68%	0.0%
Fusion Finance Limited	Finance	0.66%	0.0%
AIA Engineering Ltd.	Industrial Products	0.66%	0.0%
GAIL (India) Ltd.	Gas	0.65%	0.0%
Tata Communications Limited	Telecom - Services	0.63%	0.0%
Bharat Electronics Ltd.	Aerospace & Defense	0.63%	0.0%
Vardhman Textiles Ltd.	Textiles & Apparels	0.62%	0.0%
Siemens Energy India Limited	Electrical Equipment	0.61%	0.0%
Apollo Tyres Ltd.	Auto Components	0.61%	0.0%
RBL Bank Ltd.	Banks	0.61%	−11.1%
KAYNES TECHNOLOGY INDIA LIMITED	Industrial Manufacturing	0.60%	0.0%
HDFC Life Insurance Company Limited	Insurance	0.58%	0.0%
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	0.58%	0.0%
REC Limited.	Finance	0.57%	0.0%
PVR LIMITED	Entertainment	0.57%	−16.6%
Blue Dart Express Ltd.	Transport Services	0.57%	0.0%
Tata Motors Limited	Agricultural, Commercial & Construction Vehicles	0.56%	0.0%
UTI Asset Management Company Ltd	Capital Markets	0.55%	0.0%
BEML Land Assets Limited	Finance	0.55%	0.0%
NHPC Ltd.	Power	0.54%	0.0%
Sagility Limited	IT - Services	0.52%	0.0%
Biocon Ltd.	Pharmaceuticals & Biotechnology	0.52%	0.0%
SKF India (Industrial) Limited	Industrial Products	0.49%	0.0%
Bajaj Finserv Ltd.	Finance	0.49%	0.0%
Godrej Consumer Products Ltd.	Personal Products	0.48%	0.0%
Cyient Ltd.	IT - Services	0.48%	0.0%
STL NETWORKS LIMITED	Telecom - Services	0.47%	0.0%
Bharti Hexacom Limited	Telecom - Services	0.46%	0.0%
Indraprastha Gas Ltd.	Gas	0.45%	0.0%
Canara Bank	Banks	0.45%	0.0%
InterGlobe Aviation Ltd.	Transport Services	0.45%	0.0%
Whirlpool of India Ltd.	Consumer Durables	0.45%	0.0%
Asian Paints Limited	Consumer Durables	0.43%	0.0%
Mahindra & Mahindra Ltd.	Automobiles	0.39%	0.0%
Dilip Buildcon Ltd.	Construction	0.39%	0.0%
Emami Ltd.	Personal Products	0.36%	0.0%
Lupin Ltd.	Pharmaceuticals & Biotechnology	0.35%	0.0%
Electronics Mart India Ltd	Retailing	0.33%	0.0%
Emcure Pharmaceuticals Limited	Pharmaceuticals & Biotechnology	0.33%	0.0%
Mahindra Holidays & Resorts Ind Ltd.	Leisure Services	0.33%	0.0%
Tata Motors Passenger Vehicles Limited	Automobiles	0.32%	0.0%
Anthem Biosciences Limited	Pharmaceuticals & Biotechnology	0.30%	0.0%
Diffusion Engineers Limited	Industrial Products	0.29%	0.0%
Medi Assist Healthcare Services Limited	Insurance	0.29%	0.0%
Star Health and Allied Insurance Company Ltd	Insurance	0.29%	0.0%
Gland Pharma Ltd.	Pharmaceuticals & Biotechnology	0.28%	0.0%
GHCL Limited	Chemicals & Petrochemicals	0.28%	0.0%
Inox India Limited	Industrial Products	0.28%	0.0%
WEST COAST PAPER MILLS LIMITED	Paper, Forest & Jute Products	0.28%	0.0%
SKF India Ltd.	Auto Components	0.27%	0.0%
Indus Infra Trust	Transport Infrastructure	0.26%
Rubicon Research Limited	Pharmaceuticals & Biotechnology	0.25%	0.0%
Quess Corp Ltd.	Commercial Services & Supplies	0.25%	0.0%
Castrol India Ltd.	Petroleum Products	0.23%	0.0%
Endurance Technologies Ltd.	Auto Components	0.23%	0.0%
KEC International Ltd.	Construction	0.22%	0.0%
PNC Infratech Ltd.	Construction	0.20%	0.0%
Gujarat Pipavav Port Ltd.	Transport Infrastructure	0.19%	0.0%
Voltamp Transformers Ltd.	Electrical Equipment	0.19%	0.0%
Sun TV Network Limited	Entertainment	0.18%	0.0%
HEG Advanced Materials Limited	Industrial Products	0.16%	New
BEML Limited	Agricultural, Commercial & Construction Vehicles	0.15%	0.0%
Popular Vehicles and Services Limited	Automobiles	0.15%	0.0%
Chambal Fertilizers & Chemicals Ltd.	Fertilizers & Agrochemicals	0.14%	0.0%
GO FASHION (INDIA) LIMITED	Retailing	0.14%	0.0%
DAM Capital Advisors Limited	Capital Markets	0.14%	0.0%
Techno Electric & Engin. Co. Ltd.	Construction	0.14%	0.0%
DCX Systems Limited	Aerospace & Defense	0.13%	0.0%
Birlasoft Limited	IT - Software	0.13%	0.0%
EPACK DURABLE LIMITED	Consumer Durables	0.12%	0.0%
Afcons Infrastructure Limited	Construction	0.12%	0.0%
Jio Financial Services Limited	Finance	0.12%	0.0%
Stanley Lifestyles Limited	Consumer Durables	0.11%	0.0%
Bluspring Enterprises limited	Commercial Services & Supplies	0.11%	0.0%
GHCL Textiles Limited	Textiles & Apparels	0.10%	0.0%
Timken India Ltd.	Industrial Products	0.10%	0.0%
ITC Hotels Limited	Leisure Services	0.07%	0.0%
Sai Silks (Kalamandir) Limited	Retailing	0.07%	0.0%
Digitide Solutions Limited	IT - Services	0.06%	0.0%
Sonata Software Ltd.	IT - Software	0.04%	0.0%
LATENT VIEW ANALYTICS LIMITED	IT - Software	0.02%	0.0%
Kwality Wall’s (India) Limited	Food Products	0.02%	0.0%

HDFC Dividend Yield Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

HDFC Bank Ltd.	Reduced	−2.6%	4.97%
Bajaj Auto Limited	Reduced	−3.1%	1.96%
STERLITE TECHNOLOGIES LIMITED	Reduced	−12.5%	1.81%
Coal India Ltd.	Reduced	−3.3%	1.17%
ITC LIMITED	Reduced	−6.5%	1.07%
Finolex Cables Ltd.	Reduced	−6.7%	0.77%
PVR LIMITED	Reduced	−16.6%	0.57%
RBL Bank Ltd.	Reduced	−11.1%	0.61%
HEG Advanced Materials Limited	New	New	0.16%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What HDFC Dividend Yield Fund bought and sold

HDFC Dividend Yield Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Bandhan Nifty 100 Index FundIndex · Bandhan	51.0%	47	Compare
SBI BSE 100 ETFETF · SBI	50.4%	46	Compare
Motilal Oswal Nifty 100 ETFETF · Motilal Oswal	50.3%	46	Compare
HDFC NIFTY 100 Index FundIndex · HDFC	50.3%	46	Compare
Axis Nifty 100 Index FundIndex · Axis	50.3%	46	Compare
HDFC NIFTY 100 ETFETF · HDFC	50.3%	46	Compare
LIC MF Nifty 100 ETFETF · LIC	50.3%	46	Compare
Nippon India ETF Nifty 100ETF · Nippon India	50.3%	46	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

HDFC Dividend Yield Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.88%
Expense ratio (Regular): 1.92%
Category: Dividend Yield
Risk: Very High
Benchmark: Nifty 500 TRI
Launch date: 18-12-2020
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹5,274.42 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 148609
ISIN (Direct): INF179KC1AO6
Scheme code (Regular): 148610
ISIN (Regular): INF179KC1AR9
NAV history: From 18-12-2020, 5.9 years

Exit load: • Exit load of 1.00% is payable if Units are redeemed / switched-out within 1 year from the date of allotment of units. • No Exit Load is payable if Units are redeemed / switched-out after 1 year from the date of allotment.

Tax on HDFC Dividend Yield Fund returns

HDFC Dividend Yield Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹25.554	30-10-2026
direct	IDCW	₹20.707	30-10-2026
regular	Growth	₹23.609	30-10-2026
regular	IDCW	₹18.814	30-10-2026

About HDFC Dividend Yield Fund

HDFC Dividend Yield Fund is a mutual fund from HDFC Mutual Fund. Its category is Dividend Yield. It was launched on 18-12-2020. Its benchmark is Nifty 500 TRI. At the end of September 2026 it held 129 securities.

Fund Manager

Gopal Agarwal
Fund manager of HDFC Dividend Yield Fund, since 18-12-2020
Gopal Agrawal
Fund manager of HDFC Dividend Yield Fund, since 01-09-2026
Bhagyesh Kagalkar
Fund manager of HDFC Dividend Yield Fund, since 26-08-2026

See all funds of HDFC Mutual Fund

AUM change

September 2026: ₹5,274.42 Cr; −5.60% from August 2026
August 2026: ₹5,587.41 Cr; −1.91% from July 2026
July 2026: ₹5,695.97 Cr; +0.71% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare HDFC Dividend Yield Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

HDFC Dividend Yield vs LIC MF Dividend YieldDividend Yield
HDFC Dividend Yield vs ICICI Prudential Dividend YieldDividend Yield
HDFC Dividend Yield vs Tata Dividend YieldDividend Yield
HDFC Dividend Yield vs UTI - Dividend YieldDividend Yield
HDFC Dividend Yield vs Aditya Birla Sun Life Dividend YieldDividend Yield
HDFC Dividend Yield vs Bandhan Nifty 100 Index51.0% overlap
HDFC Dividend Yield vs SBI BSE 100 ETF50.4% overlap
HDFC Dividend Yield vs Motilal Oswal Nifty 100 ETF50.3% overlap

Compare with any other fund

Frequently Asked Questions for HDFC Dividend Yield Fund

What is the current NAV of HDFC Dividend Yield Fund?

The Direct plan NAV is ₹25.554. The Regular plan NAV is ₹23.609, as on 30-10-2026.

What are the returns of HDFC Dividend Yield Fund?

The Direct plan returned −6.99% in 1 year, +10.67% a year over 3 years, +12.37% a year over 5 years. The Regular plan returned −7.97% in 1 year, +9.41% a year over 3 years, +10.92% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of HDFC Dividend Yield Fund?

The Direct plan charges 0.88% a year. The Regular plan charges 1.92% a year. This is the figure the fund house reported to AMFI, in force from 19-10-2026.

What is the AUM of HDFC Dividend Yield Fund?

HDFC Dividend Yield Fund managed ₹5,274.42 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HDFC Dividend Yield Fund?

At the end of September 2026 the largest holdings were ICICIBANK (5.38%), HDFCBANK (4.97%), AXISBANK (3.72%), LT (2.64%), BHARTIARTL (2.62%). The fund held 129 securities in all.

What did HDFC Dividend Yield Fund buy and sell in September 2026?

It bought 1 new stock: HEG Advanced Materials Limited. It reduced 8.

How do I invest in HDFC Dividend Yield Fund?

Through HDFC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of HDFC Dividend Yield Fund?

Gopal Agarwal (since 18-12-2020), Gopal Agrawal (since 01-09-2026), Bhagyesh Kagalkar (since 26-08-2026).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.