Dividend Yield Funds Compared
Every dividend yield mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 500, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 9 dividend yield funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 12.5% a year, against 8.7% for the Nifty 500 index; 6 of 6 beat it. The highest 5-year return was ICICI Prudential Dividend Yield Fund at 15.3% a year.
All dividend yield funds, ranked by 5-year return
| # | Fund | 1y | 3y | 5y | 10y | 5y regular | 5y SIP XIRR | Expense ratio (direct) | Beat index (rolling 3y) |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ICICI Prudential Dividend Yield Fund | -4.1% | 13.5% | 15.3% | 15.0% | 13.7% | 12.6% | 0.76% | 50/50 |
| 2 | Tata Dividend Yield Fund | 9.0% | 13.2% | 13.2% | — | 11.2% | 13.3% | 0.78% | 30/30 |
| 3 | HDFC Dividend Yield Fund | -1.5% | 9.9% | 12.6% | — | 11.2% | 10.3% | 0.87% | 35/35 |
| 4 | Aditya Birla Sun Life Dividend Yield Fund | 1.1% | 10.9% | 12.4% | 12.4% | 11.6% | 10.7% | 1.94% | 50/50 |
| 5 | Franklin India Dividend Yield Fund | -2.9% | 10.6% | 11.5% | 14.2% | 10.6% | 8.7% | 1.32% | 50/50 |
| 6 | UTI - Dividend Yield Fund | -3.1% | 11.6% | 9.8% | 13.4% | 9.2% | 9.8% | 1.54% | 42/50 |
| — | LIC MF Dividend Yield Fund | 7.1% | 18.0% | — | — | — | — | 0.96% | — |
| — | SBI Dividend Yield Fund | 2.0% | 10.2% | — | — | — | — | 1.12% | — |
| — | Sundaram Dividend Yield Fund (Formerly Known as Principal Dividend Yield Fund) | -5.2% | 8.6% | — | — | — | — | 1.26% | 17/22 |
Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.
How many dividend yield funds beat the Nifty 500?
6 of the 6 funds with 5 years of history beat the Nifty 500 index (through a low-cost index fund) over 5 years. Compare any one fund with its index over every 3-year stretch on the mutual fund vs index fund page.
Key takeaways
Frequently asked questions
Which dividend yield fund has given the highest returns?
Over the 5 years to 30 Sep 2026, ICICI Prudential Dividend Yield Fund (direct plan) at 15.3% a year. Past returns do not predict future ones.
What is the average return of dividend yield funds?
The median direct plan returned 12.5% a year over 5 years to 30 Sep 2026.
Do dividend yield funds beat the index?
6 of 6 did over 5 years, before tax; an index fund is the low-cost alternative.