EquityDividend Yield FundRegularIDCWVery High

Tata Dividend Yield Fund

Q: What is the NAV of Tata Dividend Yield Fund?

As of 01 Oct 2026, the NAV of Tata Dividend Yield Fund is ₹18.76 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Tata Dividend Yield Fund delivered?

Tata Dividend Yield Fund has returned +4.83% over 1 year, +10.76% per year over 3 years, +10.95% per year over 5 years and +12.41% 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 Tata Dividend Yield Fund?

Tata Dividend Yield Fund charges an expense ratio of 2.32% 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 Tata Dividend Yield Fund?

Tata Dividend Yield Fund's largest holdings are ICICI BANK LTD (3.2%), RADICO KHAITAN LTD (3.1%), LARSEN & TOUBRO LTD (2.9%), PNB HOUSING FINANCE LTD (2.6%) and HDFC BANK LTD (2.6%). Holdings are disclosed monthly and change over time.

Q: How risky is Tata Dividend Yield Fund?

Tata Dividend Yield Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.0% and its worst peak-to-trough fall in our sample was -21.0%. 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 0.27 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Dividend Yield Fund's 0.27 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Tata Dividend Yield Fund?

Tata 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 Tata Dividend Yield Fund?

Tata Dividend Yield Fund is managed by Hasmukh Vishariya, Murthy Nagarajan and Sailesh Jain at Tata.

Q: How is Tata Dividend Yield Fund taxed?

Tata 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.

Tata Mutual Fund · Best Dividend Yield Mutual Funds

NAV

₹18.76

-1.45% 1D

as of 01 Oct 2026

This is the Regular plan of Tata Dividend Yield Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed and reinvested in more units, which is why this NAV sits below the growth plan of the same fund.

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Performance

+5.70%CAGR

52-week rangePrev NAV ₹19.04

Latest ₹18.76

Low ₹16.6859th percentile of its 52-week rangeHigh ₹20.21

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 16.0% (no category average yet)

Cost—

2.3% expense (no category average yet)

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.32%

Category —

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

22.13

Category —

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

0.27

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

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

None

Redemption/Switch-out/SWP/STP: 1. On or before 30 days from the date of allotment: 0.50%. 2. After 30 days from the date of allotment: NIL.

Up to 0.50%

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

₹100

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.

27 May 2021

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

Definitions

Absolute return over the last 1 month (not annualized)

-5.59%

Absolute return over the last 3 months (not annualized)

-4.10%

Absolute return over the last 6 months (not annualized)

+9.92%

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

-0.63%

Annualized returns (≥1Y — CAGR)

Definitions

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

+4.83%

3-year annualized return (CAGR)

+10.76%

5-year annualized return (CAGR)

+10.95%

10-year annualized return (CAGR)

—

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.

+12.41%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

16.04%

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

0.27

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

0.35

Largest peak-to-trough decline over full history

-20.95%

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

1.51%

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

1.02

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

93.7%

Excess return per unit of beta (market risk)

4.73

Active return over the benchmark per unit of tracking error

0.39

Annualized std dev of fund-minus-benchmark returns

4.20%

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

104.3%

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

97.7%

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	-5.59%	—	—
3M abs	-4.10%	—	—
6M abs	+9.92%	—	—
1Y CAGR	+4.83%	—	—
3Y CAGR	+10.76%	—	—
5Y CAGR	+10.95%	—	—

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

₹7.79L

Absolute

+29.86%

XIRR

+10.72%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Tata 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	-0.63%	-7.18%	+6.55%
2025	+8.60%	+7.94%	+0.66%
2024	+11.79%	+16.43%	-4.64%
2023	+35.54%	+27.43%	+8.11%
2022	+1.03%	+4.34%	-3.31%
2021part	+13.15%	—	—

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

1,320

Expense ratio

2.32%

AUM

₹1,049Cr

Portfolio turnover

22%

Exit load

Redemption/Switch-out/SWP/STP: 1. On or before 30 days from the date of allotment: 0.50%. 2. After 30 days from the date of allotment: NIL.

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

P/E ratio

22.1

P/B ratio

4.6

Avg market cap

₹2,75,176Cr

P/E & P/B are portfolio-weighted harmonic means across 66 of 76 equity holdings (87% 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


Tata Dividend Yield FundThis fund Tata · Regular · IDCW	—	+4.83%	+10.76%	+10.95%	—	2.32%	₹1,049Cr
LIC MF Dividend Yield Fund LIC · Regular · IDCW	—	+2.76%	+15.83%	—	—	2.44%	₹675.68Cr
Tata Dividend Yield Fund Tata · Regular · IDCW	—	+4.83%	+10.76%	+10.95%	—	2.32%	₹1,049Cr
SBI Dividend Yield Fund SBI · Regular · IDCW	—	-0.48%	+8.73%	—	—	2.05%	₹8,349Cr
UTI - Dividend Yield Fund UTI · Regular · IDCW	—	-7.45%	+7.94%	+6.23%	—	1.99%	₹3,728Cr
HDFC Dividend Yield Fund HDFC · Regular · IDCW	—	-10.88%	+3.01%	+6.13%	—	1.91%	₹5,632Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 99% of the equity sleeve priced.

Large cap55.5%
Mid cap26.4%
Small cap18.1%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity94.54%
Cash & Equivalents5.13%
Other0.33%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Tata ELSS - Tax Saver Fund Tata · ELSS	51.6%	★★★☆☆	0.88%	+11.19%
Baroda BNP Paribas Balanced Advantage Fund Baroda BNP Paribas · Dynamic Asset Allocation or Balanced Advantage	46.1% of 81% equity	★★★★☆	0.92%	+10.75%
Groww ELSS Tax Saver Fund Groww · ELSS	40.1%	★☆☆☆☆	1.52%	+7.74%
Axis Value Fund Axis · Value Fund	39.1%	★★★★★	0.92%	+16.57%
Baroda BNP Paribas Large and Mid Cap fund Baroda BNP Paribas · Large & Mid Cap Fund	38.9%	★★★☆☆	1.09%	+12.40%
Helios Flexi Cap Fund Helios · Flexi Cap Fund	38.3%	★★★☆☆	0.86%	—
Baroda BNP Paribas Retirement Fund Baroda BNP Paribas · Retirement Fund	38.1% of 72% equity	★★★★☆	1.16%	—
Franklin India Multi-Factor Fund Franklin Templeton · Sectoral/ Thematic	38.1%	—	1.15%	—

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.

🚩Holdings under NSE surveillance (ASM)

1 holding — 2.35% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I2.35%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

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.

-20.9%26 Sep 2024 → 28 Feb 2025
Fell over 5 months, back to the old high on 02 Jan 2026 — 10 months under water after the low.
-19.9%18 Oct 2021 → 20 Jun 2022
Fell over 8 months, back to the old high on 26 May 2023 — 11 months under water after the low.
-12.7%05 Jan 2026 → 23 Mar 2026
Fell over 3 months, back to the old high on 05 May 2026 — 43 days 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

₹1,049Cr

April - June 2026

+5%

since January - March 2026

+₹34.05Cr

est. net flow, last quarter

At or near its largest, ₹1,049Cr in April - June 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

Tata Mutual Fund is run by Tata Asset Management, part of the Tata Group, and has been in business since 1995. It runs a broad line-up across equity, debt and hybrid, including several long-running thematic schemes.

Launched

29 Jun 1995

Total AUM

₹2,36,199Cr+3.4% QoQ

Avg AUM · July - September 2026

Website

tatamutualfund.com

Fund Managers

HVHasmukh VishariyaStart date not disclosed

Education

Chartered Accountant

Funds managed (7)

All schemes Hasmukh Vishariya runs →

MNMurthy NagarajanStart date not disclosed

Role

Head-Fixed Income

Education

B. Com, M. Com, PGPMS, ICWA (Inter)

Experience

29 Tata Business Presently working with Tata Asset Management Pvt Ltd. since Cycle Fund, March 2017 as Head - Fixed Income, Reporting to Chief

Funds managed (5)

All schemes Murthy Nagarajan runs →

SJSailesh JainStart date not disclosed

Role

Fund Manager

Education

MBA (Finance)

Funds managed (3)

All schemes Sailesh Jain 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

Hasmukh Vishariya Murthy Nagarajan Sailesh Jain

Top holdings

ICICI BANK LTD RADICO KHAITAN LTD LARSEN & TOUBRO LTD PNB HOUSING FINANCE LTD HDFC BANK LTD MULTI COMMODITY EXCHANGE OF IND LTD PB FINTECH LTD BHARAT ELECTRONICS LTD STATE BANK OF INDIA RBL BANK LTD SYRMA SGS TECHNOLOGY LTD TVS MOTOR COMPANY LTD

Tata 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.

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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 Tata Dividend Yield Fund?

As of 01 Oct 2026, the NAV of Tata Dividend Yield Fund is ₹18.76 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Tata Dividend Yield Fund delivered?

Tata Dividend Yield Fund has returned +4.83% over 1 year, +10.76% per year over 3 years, +10.95% per year over 5 years and +12.41% 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 Tata Dividend Yield Fund?

Tata Dividend Yield Fund charges an expense ratio of 2.32% 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 Tata Dividend Yield Fund?

Tata Dividend Yield Fund's largest holdings are ICICI BANK LTD (3.2%), RADICO KHAITAN LTD (3.1%), LARSEN & TOUBRO LTD (2.9%), PNB HOUSING FINANCE LTD (2.6%) and HDFC BANK LTD (2.6%). Holdings are disclosed monthly and change over time.

How risky is Tata Dividend Yield Fund?

Tata Dividend Yield Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 16.0% and its worst peak-to-trough fall in our sample was -21.0%. 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 0.27 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Dividend Yield Fund's 0.27 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Tata Dividend Yield Fund?

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

Who manages Tata Dividend Yield Fund?

Tata Dividend Yield Fund is managed by Hasmukh Vishariya, Murthy Nagarajan and Sailesh Jain at Tata.

How is Tata Dividend Yield Fund taxed?

Tata 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.