In the present work, Ni0.6Cd0.4DyxFe2‒xO4 (x = 0.0, 0.05, 0.10, 0.15 and 0.20) nanoparticles (NPs) were synthesized by using sol-gel auto combustion method. The structural characterization was performed by XRD, FTIR, SEM, TEM and EDS analyses. XRD patterns confirmed that the pure and dysprosium substituted Ni-Cd ferrites are in single phase spinel structures, while a trace of DyFeO3 appears as a minor phase for higher concentrations (x = 0.10, 0.15 and 0.20). The Debye‒Scherrer’s method and Williamson-Hall (W-H) method were used to evaluate the crystallite sizes and lattice strain. The average crystallite size was found to be in the range from 27 to 48 nm. FT-IR confirms the formation of spinel structure. SEM images show that reduction of grain size with Dy3+ content. Elemental composition features of samples were examined by EDS. The average particles size estimated from TEM analysis are in good agreement with results obtained from the XRD. The results showed that saturation magnetization (Ms) decreases and coercivity (Hc) increases with increase in Dy3+ concentrations. The dielectric constant and the loss tangent decrease rapidly with increasing frequency and then reaches a constant value, characteristic of normal behavior of ferrites. The dielectric constant was found to decrease with increasing Dy content in Ni-Cd ferrites. Ferrite sample with Dy3+ concentration, x = 0.05 show high dielectric constant, low dielectric loss and hence can be utilized in high frequency electrical circuits.