LIC MF DIVIDEND YIELD FUND

LIC Mutual FundEquityPortfolio as of 31 July 2026

LIC MF DIVIDEND YIELD FUND holds 59 instruments (95.76% equity), led by HDFC Bank Limited (5.02%), Garware Hi-Tech Films Limited (4.44%) and ICICI Bank Limited (3.94%), as of its 31 July 2026 SEBI-mandated monthly disclosure.

Holdings

Equity Allocation

95.76%

AMC

LIC Mutual Fund

Portfolio Analysis

LIC MF DIVIDEND YIELD FUND's top 10 holdings account for 31.79% of its portfolio, more diversified than the Equity category average of 37.5%. Financial Services is its largest sector exposure at 21.74% of net assets, spread across 11 sectors in total. Since its 30 June 2026 disclosure, the fund added 1 new position and exited 1 position, with MphasiS Limited seeing the largest move (+0.57pp to 1.53%).

Top 10 Equity Holdings

HDFC Bank Limited · 5.02%Garware Hi-Tech Films Limited · 4.44%ICICI Bank Limited · 3.94%Avalon Technologies Limited · 3.63%Tata Consultancy Services Limited · 2.86%Axis Bank Limited · 2.59%Kotak Mahindra Bank Limited · 2.54%Allied Blenders and Distillers Limited · 2.34%NTPC Limited · 2.22%Apollo Hospitals Enterprise Limited · 2.21%

What Changed: June 2026 → July 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

1 new entry1 exit10 increased10 reduced

New Entries

GSPL Transmission Limited · 0.16%

Complete Exits

L&T Technology Services Limited · was 0.66%

Biggest Weight Increases

Stock	Weight	Change
MphasiS Limited	0.96% → 1.53%	▲ +0.57
SRF Limited	1.4% → 1.89%	▲ +0.49
Bajaj Auto Limited	1.51% → 1.98%	▲ +0.47
Anthem Biosciences Limited	1.23% → 1.64%	▲ +0.41
Tata Consultancy Services Limited	2.5% → 2.86%	▲ +0.36
Jindal Stainless Limited	1.71% → 1.98%	▲ +0.27
Kotak Mahindra Bank Limited	2.29% → 2.54%	▲ +0.25
Garware Hi-Tech Films Limited	4.21% → 4.44%	▲ +0.23
Ratnamani Metals & Tubes Limited	0.72% → 0.94%	▲ +0.22
Pricol Limited	1.47% → 1.68%	▲ +0.21

Biggest Weight Reductions

Stock	Weight	Change
HDFC Bank Limited	5.45% → 5.02%	▼ -0.43
Axis Bank Limited	2.88% → 2.59%	▼ -0.29
Allied Blenders and Distillers Limited	2.57% → 2.34%	▼ -0.23
Tata Communications Limited	1.82% → 1.6%	▼ -0.22
Gujarat Gas Limited	1.09% → 0.9%	▼ -0.19
Bharat Electronics Limited	2.38% → 2.2%	▼ -0.18
Elecon Engineering Company Limited	0.75% → 0.58%	▼ -0.17
Cholamandalam Financial Holdings Limited	1.37% → 1.24%	▼ -0.13
Shakti Pumps (India) Limited	1.07% → 0.94%	▼ -0.13
InterGlobe Aviation Limited	2.29% → 2.17%	▼ -0.12

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Feb – Jul 2026).

HDFC Bank Limited

5.02%

Garware Hi-Tech Films Limited

4.44%

ICICI Bank Limited

3.94%

Avalon Technologies Limited

3.63%

Tata Consultancy Services Limited

2.86%

Full Portfolio (59 holdings)

#	Holding	Sector	% to NAV
1	HDFC Bank Limited	Financial Services	5.02%
2	Garware Hi-Tech Films Limited	Industrials	4.44%
3	TREPStreps	—	4.31%
4	ICICI Bank Limited	Financial Services	3.94%
5	Avalon Technologies Limited	Industrials	3.63%
6	Tata Consultancy Services Limited	Information Technology	2.86%
7	Axis Bank Limited	Financial Services	2.59%
8	Kotak Mahindra Bank Limited	Financial Services	2.54%
9	Allied Blenders and Distillers Limited	Consumer Staples	2.34%
10	NTPC Limited	Utilities	2.22%
11	Apollo Hospitals Enterprise Limited	Healthcare	2.21%
12	Bharat Electronics Limited	Industrials	2.2%
13	InterGlobe Aviation Limited	Services	2.17%
14	Neuland Laboratories Limited	Healthcare	2.02%
15	Radico Khaitan Limited	Consumer Staples	1.99%
16	Jindal Stainless Limited	Materials	1.98%
17	Bajaj Auto Limited	Consumer Discretionary	1.98%
18	Pidilite Industries Limited	Materials	1.93%
19	Shriram Finance Limited	Financial Services	1.91%
20	SRF Limited	Materials	1.89%
21	Grasim Industries Limited	Materials	1.73%
22	Pricol Limited	Consumer Discretionary	1.68%
23	Arvind Fashions Limited	Consumer Discretionary	1.67%
24	Anthem Biosciences Limited	Healthcare	1.64%
25	Tata Communications Limited	Telecommunication	1.6%
26	LG Electronics India Limited	Consumer Discretionary	1.57%
27	MphasiS Limited	Information Technology	1.53%
28	Samvardhana Motherson International Limited	Consumer Discretionary	1.48%
29	Hindustan Unilever Limited	Consumer Staples	1.46%
30	Tata Motors Passenger Vehicles Limited	Consumer Discretionary	1.43%
31	Oil India Limited	Energy	1.42%
32	Azad Engineering Limited	Industrials	1.37%
33	EIH Limited	Consumer Discretionary	1.37%
34	Bikaji Foods International Limited	Consumer Staples	1.31%
35	Mahindra & Mahindra Limited	Consumer Discretionary	1.31%
36	Saregama India Limited	Consumer Discretionary	1.3%
37	Tata Motors Limited	Industrials	1.3%
38	Techno Electric & Engineering Company Limited	Industrials	1.26%
39	Cholamandalam Financial Holdings Limited	Financial Services	1.24%
40	MAS Financial Services Limited	Financial Services	1.24%
41	Maruti Suzuki India Limited	Consumer Discretionary	1.24%
42	Godfrey Phillips India Limited	Consumer Staples	1.22%
43	Bharti Airtel Limited	Telecommunication	1.2%
44	Abbott India Limited	Healthcare	1.2%
45	Ujjivan Small Finance Bank Limited	Financial Services	1.18%
46	Hindustan Aeronautics Limited	Industrials	1.16%
47	DEE Development Engineers Limited	Industrials	1.09%
48	Sundaram Finance Limited	Financial Services	1.06%
49	Sun Pharmaceutical Industries Limited	Healthcare	1.04%
50	Multi Commodity Exchange of India Limited	Financial Services	1.02%
51	Shakti Pumps (India) Limited	Industrials	0.94%
52	Ratnamani Metals & Tubes Limited	Industrials	0.94%
53	Gujarat Gas Limited	Utilities	0.9%
54	Vinati Organics Limited	Materials	0.74%
55	Divgi Torqtransfer Systems Limited	Consumer Discretionary	0.69%
56	Bharat Bijlee Limited	Industrials	0.63%
57	Elecon Engineering Company Limited	Industrials	0.58%
58	GSPL Transmission Limited	Utilities	0.16%
59	Net Receivables / (Payables)other	—	-0.04%

Frequently Asked Questions

Yes. As of its 31 July 2026 disclosure, HDFC Bank Limited is 5.02% of LIC MF DIVIDEND YIELD FUND's net assets — its number 1 holding.

Yes. As of its 31 July 2026 disclosure, Garware Hi-Tech Films Limited is 4.44% of LIC MF DIVIDEND YIELD FUND's net assets — its number 2 holding.

Yes. As of its 31 July 2026 disclosure, ICICI Bank Limited is 3.94% of LIC MF DIVIDEND YIELD FUND's net assets — its number 3 holding.

Yes. As of its 31 July 2026 disclosure, Avalon Technologies Limited is 3.63% of LIC MF DIVIDEND YIELD FUND's net assets — its number 4 holding.

Yes. As of its 31 July 2026 disclosure, Tata Consultancy Services Limited is 2.86% of LIC MF DIVIDEND YIELD FUND's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: LIC Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 31 July 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.