HealthyDirect · GrowthFit for a long SIP
SBI Dividend Yield Fund
SBI Mutual FundEquity Scheme - Dividend Yield Fund3.6 years
The scheme seeks to provide investors with opportunities for capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies.
- NAV
- 15.9304
- 4 Nov 2026
- 1Y
- +1.2%
- Trailing CAGR
- Upside capture
- +89%
- Vs NIFTY 500 TRI
- Downside capture
- +88%
- Lower is better
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 4 Nov 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Watch
3.6 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
1.11% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -17.8%. Ask whether you can hold through a similar fall.
Vs category
Fail
1% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Nidhi Chawla · 0.8 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 32.7% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 18%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+1.2%
- 3Y+11.7%
- 5Yn/a
- 10Yn/a
- SI+13.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+1.7%
- 3Y+4.5%
- 5Yn/a
- 10Yn/a
- Since inception
- +13.5%
- Calendar-day CAGR
- Excess 1Y
- +4.8%
- Category median, same plan and option
- 3Y win rate
- +1%
- Windows beating the median
- 3Y percentile
- 67
- Vs comparable share classes
- SIP 3Y XIRR
- +4.5%
- Simulated monthly SIP
- Worst rolling 3Y
- +9.0%
- 159 daily-ending windows
- Median rolling 3Y
- +12.9%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 5 Nov 2026.
- 1Y excess
- +4.2%
- Fund minus TRI
- 3Y excess
- +0.4%
- Fund minus TRI
- Upside capture
- +89%
- Benchmark-up months
- Downside capture
- +88%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -17.8%
- Worst peak-to-trough
- Current
- -3.8%
- Below last peak
- Current spell
- 91 days
- Days below latest peak
- Time below peak
- +86%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 16 days
- 44 recovered episodes
- Longest recovery
- 485 days
- Trough to prior peak
26 Sept 2024 – 5 Aug 2026
Trough 7 Apr 2025 · recovered in 485 days
-17.8%
5 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-9.9%
3 Jun 2024 – 7 Jun 2024
Trough 4 Jun 2024 · recovered in 3 days
-5.9%
15 Sept 2023 – 23 Nov 2023
Trough 26 Oct 2023 · recovered in 28 days
-4.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
67
Vs category
80
Consistency
22
Risk-adjusted
58
Drawdown
55
Mean
56
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 62 holdings · top 10 are 32.7%.
- Top 5
- 20.0%
- Top 10
- 32.7%
- Largest holding
- 4.8%
- Effective holdings
- 45.1
ICICI Bank Ltd
Financial
4.8%
ACME Solar Holdings Ltd.
Energy & Utilities
4.1%
Larsen & Toubro Ltd
Industrials
3.9%
Life Insurance Corporation of India
Financial
3.9%
Kotak Mahindra Bank Ltd
Financial
3.4%
What changed
DECISION
Status moved from HEALTHY to MONITOR.
22 Sept 2026
DECISION
Status moved from MONITOR to HEALTHY.
11 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
LIC MF Dividend Yield Fund
LIC Mutual Fund
- 1Y
- +1.6%
- 3Y
- +18.8%
- Vol
- 15.7%
- Max DD
- -20.4%
- Sharpe
- 0.75
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Tata Dividend Yield Fund
Tata Mutual Fund
- 1Y
- +3.9%
- 3Y
- +13.9%
- Vol
- 15.2%
- Max DD
- -20.4%
- Sharpe
- 0.60
- 3Y win
- +48%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
HDFC DIVIDEND YIELD FUND
HDFC Mutual Fund
- 1Y
- -2.9%
- 3Y
- +11.5%
- Vol
- 13.9%
- Max DD
- -20.0%
- Sharpe
- 0.86
- 3Y win
- +84%
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns
Aditya Birla Sun Life Dividend Yield Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- -3.6%
- 3Y
- +10.5%
- Vol
- 15.0%
- Max DD
- -42.0%
- Sharpe
- 0.47
- 3Y win
- +35%
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Higher TER · Lower trailing returns
Baroda BNP Paribas Dividend Yield Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- -0.8%
- 3Y
- n/a
- Vol
- 12.6%
- Max DD
- -18.1%
- Sharpe
- -0.49
- 3Y win
- n/a
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Higher TER · Lower trailing returns