Fundalysisby DARKHORSESTOCKS

Scheme

Tata Dividend Yield Fund

Holds 77 companies worth ₹1,078 Cr in Sept 2026.

  • Fund house

    TataThe fund house that runs this scheme.

  • AUM

    ₹1,109 CrTata Dividend Yield Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.1% on Aug 2026, ₹1,156 Cr.

  • Largest holding

    Radico Khaitan LimitedRadico Khaitan Limited is 3.1% of this scheme's NAV.

  • Fund manager

    Murthy NagarajanRuns it since 17 May 2021, as the fund house dates it. With Sailesh Jain (fund manager), Hasmukh Vishariya (fund manager).

Overview(9 Oct 2026)

Fund managers3

  1. Murthy NagarajanFund manager · May 2021 · 29y · CMA M.Com B.Com
  2. Sailesh JainFund manager · May 2021 · 23y · MBA B.Com
  3. Hasmukh VishariyaFund manager · Mar 2025 · 8y · CA

    Key facts

    Benchmark
    Nifty 500 TRI
    Risk
    Very High
    Expense
    Regular 2.31% · Direct 0.78%
    Exit load
    0.5% within 30 days
    Started
    20 May 2021
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 9 Oct 2026 at AMFI.

    What changed(8 changes)

    Sept 2026

    1 change
    1. Expense ratio
      11 SeptRegular 2.31% → 2.29%

    Aug 2026

    1 change
    1. Expense ratio
      13 AugRegular 2.25% → 2.31%Direct 0.68% → 0.76%

    Apr 2026

    1 change
    1. Expense ratio
      29 AprRegular 2.17% → 2.25%Direct 0.6% → 0.68%

    Source.Its filings at NSE, since Mar 2025.

    Fund managers over time(May 2021 – now)

    1. Murthy Nagarajan
    2. Sailesh Jain
    3. Hasmukh Vishariya
    MainCoSlice20222023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Mar 2025 – Oct 2026)

    Every change to the expense ratio, newest first.
    8 changesRegularDirectΔ pt
    11 Sept 20262.29%0.76%0
    13 Aug 20262.31%0.76%0.08
    29 Apr 20262.25%0.68%0.08
    27 Feb 20262.17%0.60%0.07
    30 Dec 20252.16%0.53%0.03
    31 Aug 20252.19%0.56%0.02
    30 Jun 20252.17%0.54%0.01
    31 Mar 20252.18%0.55%–
    Direct plan, 11 Sept 2026
    0.76%
    Regular plan 2.29% · Exit load 0.5% within 30 days
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(9 Oct 2026)

    Objective

    The investment objective is 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended equity scheme that aims for growth by primarily investing in equity and equity related instruments of dividend yielding companies.
    Benchmark
    Nifty 500 TRI

    Asset allocation it may hold% of NAV

    1. Equity and equity related instruments of Dividend Yielding Companies
      Allowed80–100%
    2. Other Equity & Equity related Instruments of Companies other than above
      Allowed0–20%
    3. Money market instruments, other liquid instruments**, gold and/or silver instruments/ETF as permitted by SEBI
      Allowed0–20%
    4. Units issued by REITs & InvITs
      Allowed0–10%Holds0.0%

    Holds in Sept 2026.97.2% equity · 2.8% debt and cash

    How to invest(9 Oct 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1
    Most
    Not Applicable.
    Systematic
    SIP-- Monthly/Monthly/Quarterly/Quarterly/Weekly/Daily (Business Days) ;STP --Monthly/Quarterly/Weekly/Daily (Business Days) ;SWP --Monthly/Quarterly/Half-yearly/Yearly
    Dates
    SIP-- Any day/Any day/Any day/Any day/Monday-Friday/All Business Days ;STP --Any day/Any day/Monday-Friday/All Business Days ;SWP --Any day/Any day/Any day/Any day
    Minimum
    SIP-- 100.00/100.00/100.00/100.00/100.00/100.00 ;STP --500.00/500.00/500.00/500.00 ;SWP --500.00/500.00/500.00/500.00, then sIP-- 1.00/1.00/1.00/1.00/1.00/1.00 ;STP --1.00/1.00/1.00/1.00 ;SWP --1.00/1.00/1.00/1.00
    Instalments
    SIP-- 12 Instalments/6 instalments/6 instalments/4 instalments/12 instalments/12 instalments ;STP --500.00 to 999.00 - 12 instalments; 1,000.00 to 1,999.00 - 6 instalments; 2,000.00 and more - 3 instalments ;SWP --1.00/1.00/1.00/1.00
    Most
    SIP-- 999.00/Not Applicable/Not Applicable/Not Applicable/Not Applicable/Not Applicable ;STP --Not Applicable/Not Applicable/Not Applicable/Not Applicable ;SWP --Not Applicable/Not Applicable/Not Applicable/Not Applicable

    Selling and switching

    To redeem
    ₹500 or 50 units
    Switch minimum
    For all units there is no minimum switch amount. or For all units there is no minimum switch units. units
    Switch multiples
    Not Applicable. or Not Applicable. units
    Switch most
    Not Applicable. or Not Applicable. units

    Scheme details(9 Oct 2026)

    What it is

    Category
    Dividend Yield Fund
    Offer
    3 May 2021 to 17 May 2021
    Started
    20 May 2021
    Reopened
    27 May 2021
    Plans
    Tata Dividend Yield Fund Regular Plan - IDCW · Tata Dividend Yield Fund Direct Plan - IDCW · Tata Dividend Yield Fund Regular Plan - Growth · Tata Dividend Yield Fund Direct Plan - Growth
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    Yes
    Custodian
    Standard Chartered Bank
    Auditor
    S.R. Batliboi & CO. LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    TATA/O/E/DYF/21/03/0042