EquityDividend Yield FundDirectIDCWVery High

UTI - Dividend Yield Fund

Q: What is the NAV of UTI - Dividend Yield Fund?

As of 05 Oct 2026, the NAV of UTI - Dividend Yield Fund is ₹38.15 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has UTI - Dividend Yield Fund delivered?

UTI - Dividend Yield Fund has returned -6.70% over 1 year, +9.34% per year over 3 years, +7.00% per year over 5 years and +7.51% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund charges an expense ratio of 1.54% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund's largest holdings are HDFC BANK LIMITED (7.7%), ICICI BANK LTD (6.0%), STATE BANK OF INDIA (3.4%), TECH MAHINDRA LTD. (3.1%) and MAHINDRA & MAHINDRA LTD. (3.0%). Holdings are disclosed monthly and change over time.

Q: How risky is UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.7% and its worst peak-to-trough fall in our sample was -40.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.22 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI - Dividend Yield Fund's 0.22 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund is managed by Amit Premchandani at UTI.

Q: How is UTI - Dividend Yield Fund taxed?

UTI - Dividend Yield Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

UTI Mutual Fund · Best Dividend Yield Mutual Funds

NAV

₹38.15

+0.29% 1D

as of 05 Oct 2026

This is the Direct plan of UTI - Dividend Yield Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

Compare SIP calculator

This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+11.61% 3Y CAGR)

Performance

-7.20%absolute

52-week rangePrev NAV ₹38.04

Latest ₹38.15

Low ₹37.0123rd percentile of its 52-week rangeHigh ₹42.04

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.

Performance—

Not enough Dividend Yield Fund peers to rank yet

Risk—

Volatility 12.7% (no category average yet)

Cost—

1.5% expense (no category average yet)

ConsistencyModerate

89% of rolling 3Y windows were positive

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.54%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

16.19

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.22

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

1% if redeemed before 1 year from the date of allotment. Nil if redeemed on or after 1 year from the date of allotment

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

02 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.72%

Absolute return over the last 3 months (not annualized)

-5.23%

Absolute return over the last 6 months (not annualized)

+1.23%

Absolute return since 1 Jan of this year (not annualized)

-7.98%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-6.70%

3-year annualized return (CAGR)

+9.34%

5-year annualized return (CAGR)

+7.00%

10-year annualized return (CAGR)

+8.20%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+7.51%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

12.73%

Excess return per unit of total volatility (rf = 6.5%)

0.22

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.30

Largest peak-to-trough decline over full history

-40.25%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-0.11%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.92

How much of the fund's movement Nifty 500 TRI explains

89.1%

Excess return per unit of beta (market risk)

3.05

Active return over the benchmark per unit of tracking error

-0.08

Annualized std dev of fund-minus-benchmark returns

5.21%

Fund's share of benchmark gains in up months (100 = matches index)

94.1%

Fund's share of benchmark losses in down months (lower is better)

93.3%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Dividend Yield Fund)

Period	Fund	Category avg.	Diff
1M abs	-4.72%	—	—
3M abs	-5.23%	—	—
6M abs	+1.23%	—	—
1Y CAGR	-6.70%	—	—
3Y CAGR	+9.34%	—	—
5Y CAGR	+7.00%	—	—

Category average across peers in Dividend Yield Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.17L

Absolute

+19.54%

XIRR

+7.30%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into UTI - Dividend Yield Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-7.98%	-7.18%	-0.80%
2025	+3.67%	+7.94%	-4.27%
2024	+20.52%	+16.43%	+4.09%
2023	+36.27%	+27.43%	+8.84%
2022	-7.03%	+4.34%	-11.37%
2021	+32.80%	+31.59%	+1.21%
2020	+16.42%	+18.33%	-1.91%
2019	-3.59%	+8.95%	-12.54%
2018	-7.04%	-2.33%	-4.71%
2017	+19.34%	+37.35%	-18.01%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

3,385

Expense ratio

1.54%

AUM

₹3,728Cr

Portfolio turnover

24%

Exit load

1% if redeemed before 1 year from the date of allotment. Nil if redeemed on or after 1 year from the date of allotment

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

16.2

P/B ratio

3.7

Avg market cap

₹3,72,500Cr

P/E & P/B are portfolio-weighted harmonic means across 42 of 54 equity holdings (81% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Dividend Yield Fund

Compare all


UTI - Dividend Yield FundThis fund UTI · Direct · IDCW	—	-6.70%	+9.34%	+7.00%	—	1.54%	₹3,728Cr
LIC MF Dividend Yield Fund LIC · Direct · IDCW	—	+3.34%	+17.58%	—	—	0.97%	₹675.68Cr
Tata Dividend Yield Fund Tata · Direct · IDCW	—	+6.52%	+13.02%	+12.66%	—	0.79%	₹1,049Cr
Tata Dividend Yield Fund Tata · Direct · IDCW	—	+6.52%	+13.02%	+12.66%	—	0.79%	₹1,049Cr
SBI Dividend Yield Fund SBI · Direct · IDCW	—	-0.06%	+9.97%	—	—	1.12%	₹8,349Cr
HDFC Dividend Yield Fund HDFC · Direct · IDCW	—	-9.57%	+4.95%	+7.48%	—	0.87%	₹5,632Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap68.5%
Mid cap13.5%
Small cap18.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity92.11%
Real Estate / REITs6.25%
Cash & Equivalents1.07%
Debt0.54%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
UTI Value Fund UTI · Value Fund	64.2%	★★☆☆☆	1.35%	+10.97%
UTI Conservative Hybrid Fund UTI · Conservative Hybrid Fund	64.1% of 25% equity	★★☆☆☆	1.25%	+7.42%
UTI ELSS Tax Saver Fund UTI · ELSS	57.3%	★★☆☆☆	1.19%	+7.14%
UTI Balanced Advantage Fund UTI · Dynamic Asset Allocation or Balanced Advantage	51.3% of 68% equity	★★☆☆☆	0.91%	+7.68%
DSP Value Fund DSP · Value Fund	50.1% of 80% equity	★★★★★	1.55%	+15.37%
Sundaram Dividend Yield Fund Sundaram · Dividend Yield Fund	48.4%	★★☆☆☆	1.26%	+8.72%
Motilal Oswal Large Cap Motilal Oswal · Large Cap Fund	47.7%	★★★☆☆	0.98%	—
Bandhan Nifty 50 Index Fund Bandhan · Index Funds	47.6%	★★★☆☆	0.16%	+5.91%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-40.3%24 Jan 2018 → 23 Mar 2020
Fell over 2.2 years, back to the old high on 30 Dec 2020 — 9 months under water after the low.
-28.4%04 Dec 2014 → 29 Feb 2016
Fell over 15 months, back to the old high on 27 Oct 2017 — 1.7 years under water after the low.
-22.2%19 Oct 2021 → 20 Jun 2022
Fell over 8 months, back to the old high on 31 Jul 2023 — 13 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹3,728Cr

April - June 2026

-3%

since January - March 2026

+₹52.16Cr

est. net flow, last quarter

At or near its largest, ₹3,825Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

UTI Mutual Fund descends from the Unit Trust of India, which was effectively the whole Indian mutual fund industry from 1963 until private managers were allowed in. It was carved out as a SEBI-registered fund house in 2003, is listed on the exchanges, and is held by SBI, LIC, Bank of Baroda, PNB and T. Rowe Price rather than a single parent.

Launched

13 Nov 2002

Total AUM

₹3,92,691Cr+1.1% QoQ

Avg AUM · April - June 2026

Website

utimf.com

Fund Managers

APAmit PremchandaniStart date not disclosed

Role

Senior Vice President- Equity

Education

B.Com, CA, CFA, PGDM

Experience

He joined UTI AMC in 2009 as Senior Research Analyst. He has over 22 years of experience. Prior to joining UTI, he (b) UTI has worked in Deutsche Equities India, JP Morgan and Peerless General Finance & Investment. In UTI he has been associated with Dept. of Securities Research & Dept. of Fund Management for more than

Funds managed (6)

All schemes Amit Premchandani runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Amit Premchandani

Top holdings

HDFC BANK LIMITED ICICI BANK LTD STATE BANK OF INDIA TECH MAHINDRA LTD.MAHINDRA & MAHINDRA LTD.KOTAK MAHINDRA BANK LTD.BHARTI AIRTEL LTD.INFOSYS LTD.AXIS BANK LTD.POWER GRID CORPORATION OF INDI MARUTI SUZUKI INDIA LTD.TORRENT PHARMACEUTICALS LTD.

UTI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Dividend Yield funds

Dividend yield funds favour companies that pay consistent, above-average dividends. They tend to tilt toward established, cash-generative businesses.

Frequently asked questions

What is the NAV of UTI - Dividend Yield Fund?

As of 05 Oct 2026, the NAV of UTI - Dividend Yield Fund is ₹38.15 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has UTI - Dividend Yield Fund delivered?

UTI - Dividend Yield Fund has returned -6.70% over 1 year, +9.34% per year over 3 years, +7.00% per year over 5 years and +7.51% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund charges an expense ratio of 1.54% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund's largest holdings are HDFC BANK LIMITED (7.7%), ICICI BANK LTD (6.0%), STATE BANK OF INDIA (3.4%), TECH MAHINDRA LTD. (3.1%) and MAHINDRA & MAHINDRA LTD. (3.0%). Holdings are disclosed monthly and change over time.

How risky is UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.7% and its worst peak-to-trough fall in our sample was -40.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.22 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. UTI - Dividend Yield Fund's 0.22 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages UTI - Dividend Yield Fund?

UTI - Dividend Yield Fund is managed by Amit Premchandani at UTI.

How is UTI - Dividend Yield Fund taxed?

UTI - Dividend Yield Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.