HDFC Dividend Yield Fund
The scheme seeks to provide capital appreciation and/or dividend distribution by predominantly investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.
Growthvine rating: 3/5 — ranked #5 of 10 in category.
Fund basics
| Category | Equity: Dividend Yield |
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| NAV | ₹23.71 (as of 2026-10-01) |
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| AUM | ₹5,587 Cr |
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| Expense ratio | 1.58% |
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| Riskometer | Very High |
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| Fund manager | Gopal Agrawal |
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| Exit load | 1% for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 11.05% |
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| Sharpe ratio | 0.43 |
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| Standard deviation | 15.62% |
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| Max drawdown | −20.39% |
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| Alpha | 0.01 |
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| Beta | 1.01 |
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Over 5 years, captured 88.7% of NIFTY Dividend Opportunities 50's upside and 78.5% of its downside.
Market cap allocation
| Large cap | 63.6% |
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| Mid cap | 13.3% |
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| Small cap | 23.1% |
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Concentration
| Top 5 holdings | 19.4% |
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| Top 10 holdings | 30.8% |
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| Total holdings | 127 |
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Top holdings
- ICICI Bank Ltd. — 5.6%
- HDFC Bank Ltd. — 4.8%
- AXIS Bank Ltd. — 3.7%
- Larsen & Toubro Limited — 2.7%
- Bharti Airtel Ltd. — 2.5%
- Maruti Suzuki India Ltd. — 2.3%
- Kotak Mahindra Bank Ltd. — 2.3%
- Reliance Industries Ltd — 2.3%
- Tech Mahindra Limited — 2.3%
- Sun Pharmaceutical Industries Ltd. — 2.2%
Top sectors
- Banking & Financial — 21.8%
- Automobile — 8.9%
- Software & Services — 8.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.2% | Q2 | #4 of 9 |
| 2025 | 3.3% | Q3 | #6 of 9 |
| 2024 | 16.2% | Q3 | #6 of 9 |
| 2023 | 38.0% | Q2 | #3 of 7 |
| 2022 | 6.9% | Q1 (Top) | #2 of 6 |