EquityDividend Yield FundDirectIDCWVery High

SBI Dividend Yield Fund

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

As of 01 Oct 2026, the NAV of SBI Dividend Yield Fund is ₹15.50 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has SBI Dividend Yield Fund delivered?

SBI Dividend Yield Fund has returned +0.47% over 1 year, +9.82% per year over 3 years and +13.03% 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 SBI Dividend Yield Fund?

SBI Dividend Yield Fund charges an expense ratio of 1.12% 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 SBI Dividend Yield Fund?

SBI Dividend Yield Fund's largest holdings are ICICI Bank Ltd. (6.9%), Larsen & Toubro Ltd. (3.9%), Life Insurance Corporation of India (3.8%), Acme Solar Holdings Ltd. (3.5%) and Interglobe Aviation Ltd. (2.6%). Holdings are disclosed monthly and change over time.

Q: How risky is SBI Dividend Yield Fund?

SBI Dividend Yield Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.4% and its worst peak-to-trough fall in our sample was -17.8%. 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. SBI Dividend Yield Fund's 0.27 means it has rewarded its volatility with excess return. Higher is better.

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

SBI 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 SBI Dividend Yield Fund?

SBI Dividend Yield Fund is managed by Rohit Shimpi at SBI.

Q: How is SBI Dividend Yield Fund taxed?

SBI 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.

SBI Mutual Fund · Best Dividend Yield Mutual Funds

NAV

₹15.50

-0.96% 1D

as of 01 Oct 2026

This is the Direct plan of SBI 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.

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Performance

+1.00%CAGR

52-week rangePrev NAV ₹15.65

Latest ₹15.50

Low ₹14.3053rd percentile of its 52-week rangeHigh ₹16.56

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 12.4% (no category average yet)

Cost—

1.1% 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

1.12%

Category —

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

22.36

Category —

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

0.27

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

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

None

Exit Load

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.

17 Mar 2023

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

Definitions

Absolute return over the last 1 month (not annualized)

-5.14%

Absolute return over the last 3 months (not annualized)

-2.19%

Absolute return over the last 6 months (not annualized)

+6.31%

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

-3.64%

Annualized returns (≥1Y — CAGR)

Definitions

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

+0.47%

3-year annualized return (CAGR)

+9.82%

5-year annualized return (CAGR)

—

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.

+13.03%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

12.41%

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%)

0.36

Largest peak-to-trough decline over full history

-17.85%

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

0.77%

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

0.87

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

92.8%

Excess return per unit of beta (market risk)

4.23

Active return over the benchmark per unit of tracking error

0.11

Annualized std dev of fund-minus-benchmark returns

4.33%

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

93.2%

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

86.9%

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	-5.14%	—	—
3M abs	-2.19%	—	—
6M abs	+6.31%	—	—
1Y CAGR	+0.47%	—	—
3Y CAGR	+9.82%	—	—
5Y CAGR	—	—	—

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

₹3.60L

Current value

₹3.75L

Absolute

+4.18%

XIRR

+2.82%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into SBI 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	-3.64%	-7.18%	+3.54%
2025	+7.04%	+7.94%	-0.90%
2024	+15.76%	+16.43%	-0.67%
2023part	+29.26%	—	—

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

880

Expense ratio

1.12%

AUM

₹8,349Cr

Portfolio turnover

62%

Exit load

Entry Load – Not applicable xit Load: For exit within 30 Days from the date of allotment - 1%; For exit after 30 Days from the date of allotment – Nil he AMC reserves the right to modify / change the load structure on a rospective basis.

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

P/E ratio

22.4

P/B ratio

5.4

Avg market cap

₹2,56,524Cr

P/E & P/B are portfolio-weighted harmonic means across 44 of 54 equity holdings (79% 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


SBI Dividend Yield FundThis fund SBI · Direct · IDCW	—	+0.47%	+9.82%	—	—	1.12%	₹8,349Cr
LIC MF Dividend Yield Fund LIC · Direct · IDCW	—	+4.34%	+17.46%	—	—	0.97%	₹675.68Cr
Tata Dividend Yield Fund Tata · Direct · IDCW	—	+6.50%	+12.59%	+12.87%	—	0.79%	₹1,049Cr
Tata Dividend Yield Fund Tata · Direct · IDCW	—	+6.50%	+12.59%	+12.87%	—	0.79%	₹1,049Cr
UTI - Dividend Yield Fund UTI · Direct · IDCW	—	-6.54%	+8.99%	+7.29%	—	1.54%	₹3,728Cr
HDFC Dividend Yield Fund HDFC · Direct · IDCW	—	-9.36%	+4.60%	+7.88%	—	0.87%	₹5,632Cr

Market-cap allocation · AMFI bands, Jul 2026

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

Large cap60.3%
Mid cap21.5%
Small cap18.3%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity87.77%
Real Estate / REITs7.65%
Cash & Equivalents4.52%
Debt0.06%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

ICICI Bank Ltd.

6.88%

Larsen & Toubro Ltd.

3.93%

Life Insurance Corporation of India

3.84%

Acme Solar Holdings Ltd.

3.51%

Interglobe Aviation Ltd.

2.57%

Embassy Office Parks Reit

2.52%

Cholamandalam Investment & Finance Co. Ltd.

2.48%

Vedanta Aluminium Metal Ltd.

2.44%

Aurobindo Pharma Ltd.

2.41%

Nexus Select Trust

2.36%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Baroda BNP Paribas Dividend Yield Fund Baroda BNP Paribas · Dividend Yield Fund	37.8%	★★★★☆	1.35%	—
SBI ESG Exclusionary Strategy Fund SBI · Sectoral/ Thematic	36.5%	★★☆☆☆	1.49%	+7.61%
SBI Large Cap Fund SBI · Large Cap Fund	35.5%	★★★★☆	0.90%	+8.04%
Mahindra Manulife Large Cap Fund Mahindra Manulife · Large Cap Fund	35.2%	★★★★☆	1.09%	+7.12%
Axis Large Cap Fund Axis · Large Cap Fund	34.1%	★★★☆☆	0.92%	+7.70%
SBI ELSS Tax Saver Fund SBI · ELSS	34.0%	★★★★☆	1.25%	+11.85%
ICICI Prudential Large Cap Fund ICICI Prudential · Large Cap Fund	33.6%	★★★★★	1.01%	+9.21%
Nippon India Quant Fund Nippon India · Sectoral/ Thematic	33.5%	★★★☆☆	0.87%	+11.75%

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 — 0.12% 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.

Vedanta Iron and Steel LimitedLong-term · Stage I0.12%

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.

-17.9%26 Sep 2024 → 07 Apr 2025
Fell over 6 months, back to the old high on 05 Aug 2026 — 16 months under water after the low.
-6.4%05 Aug 2026 → 01 Oct 2026
Still below that high — 2 months down, and no recovery yet.
-5.9%03 Jun 2024 → 04 Jun 2024
Fell over 1 day, back to the old high on 07 Jun 2024 — 3 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

₹8,349Cr

April - June 2026

-5%

since January - March 2026

−₹66.59Cr

est. net flow, last quarter

At or near its largest, ₹8,752Cr 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

SBI Mutual Fund is a joint venture between the State Bank of India and Amundi of France, and was set up in 1987 as the first fund house in India outside UTI. It is the largest by assets, helped by managing a share of the EPFO's ETF investments.

Launched

28 Jun 1987

Total AUM

₹12,57,352Cr+0.7% QoQ

Avg AUM · April - June 2026

Website

sbimf.com

Fund Managers

RSRohit ShimpiStart date not disclosed

Role

Fund Manager

Education

CFA Charter Holder

Experience

Rohit has been with SBI Funds Management since 2006. He has been engaged with our International Fund Management since March 2011. Rohit has also been a member of our research team. Before joining SBI funds Management, he worked with Television Eighteen Gro up as a research analyst for the firm’s flagship financial news channel, CNBC TV18. Prior to that, he was an analyst with JP Morgan’s offshore research centre. Rohit started his career as a management trainee with HDFC Standard Life Insurance. Rohit is a Commerce graduate from Mumbai University and has completed his Post Graduate Diploma in Business Management (PGDBM) with specialization in Finance from Sydenham Institute of Management Studies. He is also a Charter holder of the CFA Institute, USA. Currently he is managing SBI ESG Exclusionary Strategy Fund, SBI Dividend Yield Fund, SBI PSU Fund, and equity portion of SBI Retirement Benefit Fund - Aggressive Plan, SBI Retirement Benefit Fund - Aggressive Hybrid Plan, SBI Retirement Benefit Fund - Conservative Hybrid Plan, SBI International Access – US Equity FoF and SBI Retirement Benefit Fund - Conservative Plan.

Funds managed (6)

All schemes Rohit Shimpi 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

Rohit Shimpi

Top holdings

ICICI Bank Ltd.Larsen & Toubro Ltd.Life Insurance Corporation of India Acme Solar Holdings Ltd.Interglobe Aviation Ltd.Cholamandalam Investment & Finance Co. Ltd.Vedanta Aluminium Metal Ltd.Aurobindo Pharma Ltd.Mahindra & Mahindra Ltd.Adani Enterprises Ltd.Kotak Mahindra Bank Ltd.Nestle India Ltd.

SBI 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 SBI Dividend Yield Fund?

As of 01 Oct 2026, the NAV of SBI Dividend Yield Fund is ₹15.50 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has SBI Dividend Yield Fund delivered?

SBI Dividend Yield Fund has returned +0.47% over 1 year, +9.82% per year over 3 years and +13.03% 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 SBI Dividend Yield Fund?

SBI Dividend Yield Fund charges an expense ratio of 1.12% 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 SBI Dividend Yield Fund?

SBI Dividend Yield Fund's largest holdings are ICICI Bank Ltd. (6.9%), Larsen & Toubro Ltd. (3.9%), Life Insurance Corporation of India (3.8%), Acme Solar Holdings Ltd. (3.5%) and Interglobe Aviation Ltd. (2.6%). Holdings are disclosed monthly and change over time.

How risky is SBI Dividend Yield Fund?

SBI Dividend Yield Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.4% and its worst peak-to-trough fall in our sample was -17.8%. 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. SBI Dividend Yield Fund's 0.27 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of SBI Dividend Yield Fund?

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

Who manages SBI Dividend Yield Fund?

SBI Dividend Yield Fund is managed by Rohit Shimpi at SBI.

How is SBI Dividend Yield Fund taxed?

SBI 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.