HDFC Dividend Yield Fund Direct - Growth

Q: What are the returns of this mutual fund scheme?

The HDFC Dividend Yield Fund Direct - Growth is a 4 yrs 10 m old fund and has delivered average annual returns of 22.3% since inception. HDFC Dividend Yield Fund Direct - Growth Returns 1-Year 3-Year Since Inception -7.08% 20.28% 22.3%

NAV as of Sep 29, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹26.227-0.07% 1 day change	22.3% p.a.	App exclusive #NA View Ranked Funds	₹6,329 Cr

Historical NAV & returns

NAV: ₹26.227 as on Sep 29, 2025

This fund Category average

HDFC Dividend Yield Fund overview

Expense ratio	0.7% as on Aug 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 1 year.!
AUM (Fund size)	₹6,329 Cr
Lock-in Period	Nil
Age	4 yrs 10 m since Nov 27, 2020
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹100 & Lumpsum: ₹100
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

HDFC Dividend Yield Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Sep 30, 2025

Period	This fund	Category average
1 Month	0.43%	0.21%
3 Months	-2.39%	-2.59%
6 Months	7.51%	7.66%
1 Year	-7.08%	-5.47%
2 Years	16.24%	18.14%
3 Years	20.28%	19.59%
4 Years	16.48%	14.75%

View returns in detail

Asset allocationas on Aug 31, 2025

Large Cap 66.47%

Mid Cap 10.73%

Small Cap 21.09%

Other Cap 0%

Top holdings

HDFC Bank Ltd.6.12%

ICICI Bank Ltd.5.81%

Axis Bank Ltd.2.94%

Maruti Suzuki India Ltd.2.48%

Top sectors

Financial 25.93%

Technology 9.969999999999999%

Energy 9.54%

Automobile 7.83%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 0.86%

Real Estate Investment Trusts 0.62%

Infrastructure Investment Trust 0.19%

Net Current Assets 0.04%

Other Holdings

Embassy Office Parks REIT 0.62%

Indus Infra Trust 0.19%

Others 0.04%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Dividend Yield Fund	0.43%	7.51%	-7.08%	20.28%	N.A.	N.A.
ICICI Prudential India Opportunities Fund	0.89%	7.76%	-0.39%	24.29%	33.28%	14.4%
ICICI Prudential Dividend Yield Equity Fund	0.89%	7.8%	-1.88%	25.82%	30.58%	17.12%
ICICI Prudential Value Fund	0.11%	7.27%	-0.84%	22.68%	26.93%	16.16%
SBI Contra Fund	0.48%	4.93%	-6.29%	21.1%	30.12%	16.78%
ICICI Prudential India Equity FOF	-0.15%	6.67%	-2.49%	21.8%	26.69%	12.29%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Dividend Yield Fund	13.58	0.98	0.89	1.37
ICICI Prudential India Opportunities Fund	11.66	0.82	1.32	2.62
ICICI Prudential Dividend Yield Equity Fund	12.34	0.86	1.32	2.17
ICICI Prudential Value Fund	11.41	0.8	1.22	2.21
SBI Contra Fund	12.26	0.88	1.09	1.78
ICICI Prudential India Equity FOF	11.94	0.87	1.11	1.89

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HDFC Dividend Yield Fund	N.A.	6,329 Cr	4 yrs 10 m	0.7%
ICICI Prudential India Opportunities Fund	N.A.	29,871 Cr	6 yrs 9 m	0.63%
ICICI Prudential Dividend Yield Equity Fund	N.A.	5,779 Cr	11 yrs 5 m	0.57%
ICICI Prudential Value Fund	N.A.	53,750 Cr	12 yrs 8 m	0.99%
SBI Contra Fund	N.A.	46,654 Cr	12 yrs 8 m	0.66%
ICICI Prudential India Equity FOF	N.A.	219 Cr	5 yrs 7 m	0.63%

View all Strategy funds

Key risk & return ratios Compared to other funds in the category

Alpha	4.19 vs. 5.1 Underperformed at beating benchmark
Sharpe	0.89 vs. 5.1 Poor risk-adjusted returns
Beta	0.98 vs. 0.8 More sensitive to market's ups & downs
Standard deviation	13.58 vs. 8.97 More volatile performance

Compare HDFC Dividend Yield Fund in detail with

About this fund

About HDFC Dividend Yield Fund

HDFC Dividend Yield Fund Direct - Growth is a Strategy mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 4 yrs 10 m, having been launched on 27/11/2020. HDFC Dividend Yield Fund Direct - Growth has ₹6,329 Crores worth of assets under management (AUM) as on 31/08/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Dividend Yield Fund Direct - Growth as of 29/09/2025 is ₹26.23. The fund has an expense ratio of 0.7%, which is close to what most other Strategy funds charge.

HDFC Dividend Yield Fund Direct - Growth returns of last 1-year are -7.81%. Since launch, it has delivered 22.33% average annual returns. The fund has doubled the money invested in it every 4 yrs.
HDFC Dividend Yield Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Technology, Energy, Automobile, Healthcare sectors. It has taken less exposure in Financial, Technology sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., Maruti Suzuki India Ltd., Larsen & Toubro Ltd..

...

Fund AUM	6,329 Cr as on Aug 31, 2025
Scheme document	View Scheme Document

Fund managers

Gopal Agrawal

Mr.Agrawal is a B.E and MBM. Prior to joining HDFC Mutual Fund he has worked with DSP Mutual Fund, Tata AMC, Mirae Asset Mutual Fund ,SBI Mutual Fund, Kotak Securities, HDFC Securities, IDBI Capital, UTI Securities and IPCL.

Investment objective

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.

HDFC Mutual Fund details

No. of schemes	77 view all schemes
Total AUM	8,37,348 Cr as on Jun 30, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HDFC Infrastructure Fund	N.A.	2,483 Cr	-4.79%	35.37%
HDFC Small Cap Fund	N.A.	36,294 Cr	-1.12%	30.71%
HDFC Focused Fund	N.A.	22,444 Cr	3.83%	30.26%
HDFC Flexi Cap Fund	N.A.	81,936 Cr	3.34%	29.95%
HDFC Mid Cap Fund	N.A.	83,105 Cr	-1.16%	29.4%
HDFC Large and Mid Cap Fund	N.A.	25,412 Cr	-4.18%	26.94%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Dividend Yield Fund Direct - Growth?

The current Net Asset Value (NAV) of the HDFC Dividend Yield Fund - Direct Growth plan is approximately ₹26.227 as of Sep 29, 2025.

What are the returns of this mutual fund scheme?

The HDFC Dividend Yield Fund Direct - Growth is a 4 yrs 10 m old fund and has delivered average annual returns of 22.3% since inception.

HDFC Dividend Yield Fund Direct - Growth Returns

1-Year	3-Year	Since Inception
-7.08%	20.28%	22.3%

How much does this mutual fund charge as expense ratio?

The HDFC Dividend Yield Fund - Direct Growth has an expense ratio of 0.7%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The HDFC Dividend Yield Fund currently has assets under management (AUM) or fund size valued at approximately 6,329 Cr as on Aug 31, 2025.

What are the top stock holdings of HDFC Dividend Yield Fund?

The HDFC Dividend Yield Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	6.12%
ICICI Bank Ltd.	5.81%
Axis Bank Ltd.	2.94%
Maruti Suzuki India Ltd.	2.48%
Larsen & Toubro Ltd.	2.39%
Bharti Airtel Ltd.	2.39%
Tech Mahindra Ltd.	2.34%
Infosys Ltd.	2.32%
Kotak Mahindra Bank Ltd.	2.26%
Reliance Industries Ltd.	2.14%

What are the top sectors HDFC Dividend Yield Fund has invested in?

The HDFC Dividend Yield Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	25.93%
Technology	9.969999999999999%
Energy	9.54%
Automobile	7.83%
Healthcare	7.18%
Services	6.85%
Capital Goods	6.840000000000001%
Consumer Staples	5.3%
Communication	4.430000000000001%
Construction	3.42%

What is risk level of HDFC Dividend Yield Fund?

This is a Strategy fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HDFC Dividend Yield Fund Direct - Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Dividend Yield Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the HDFC Dividend Yield Fund is complete.

How can I redeem my investments in HDFC Dividend Yield Fund?

Redeeming your investments in the HDFC Dividend Yield Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.