The method for the preparation of stable aqueous dispersions of CdS nanocrystals synthe sized by the thermal decomposition of cadmium oleates in the presence of sulfur due to surface functionalization by cationic comb shaped copolymer of 2 (methacryloyloxy)ethyltrimethyl ammonium methyl sulfate and stearyl methacrylate is presented. The hydrophilization of the CdS nanoparticles does not noticeably change their size, phase composition, and optical char acteristics. The functionalized particles exhibit photocatalytic activity in the reaction of water splitting, which strongly depends on the content of the Pt cocatalyst.Key words: cadmium sulfide, nanocrystals, cationic comb shaped polymethacrylate, photo luminescence, photocatalytic hydrogen evolution.Polymer nanocomposites consisting of inorganic nano particles (NPs) surrounded by organic polymers represent a new class of materials that can exhibit both improved and quite new mechanical, optical, catalytic, and other properties. 1 The photocatalytic properties of nanocom posites are of great interest because of the possibility of their use in photocatalytic water splitting due to the solar energy conversion for the preparation of hydrogen: eco logically pure and renewable energy carrier. 2 The use of colloidal solutions of NPs of semiconductors as photocat alysts improves the process and provides certain ad vantages. 3