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What is ICICI Prudential Dividend Yield Equity Fund?
ICICI Prudential Dividend Yield Equity Fund is an open-ended instrument of investment. It provides medium to long term capital gains and/or dividend distribution by predominantly investing in a well-diversified portfolio of equity and equity-related instruments of dividend-yielding companies. This scheme is ideal for long term wealth creation.
ICICI Prudential Dividend Yield Equity Fund
Some of the main features and benefits of ICICI Prudential Dividend Yield Equity Fund are as follows:
Performance as on 5 September 2019
Please note that past performance of a mutual fund may not be a guarantee of future results. However, if you know how to analyze fund performance and know what to look for, you can make better investment decisions. This increases the odds that future performance will meet or exceed your expectations.
NAV as on 5th September 2019
Most Recent Dividends
The NAV or the Net asset value represents a fund's per share market value. It is the price at which investors buy fund shares from a fund company and sell them to a fund company.
There is a 0.92% change from previous, NAV as on Sep 05, 2019
Investing in ICICI Prudential Dividend Yield Equity Fund is straightforward. There are several ways of doing this:
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1. What is ICICI Prudential Dividend Yield Equity Fund?
ICICI Prudential Dividend Yield Equity Fund is an open-ended moderately high-risk investment scheme.
2. Who is it suitable for?
The fund is a good offering for high-risk investors looking to invest in a higher degree of volatility. It is moderately high risk on the riskometer.
3. How do I apply for ICICI Prudential Dividend Yield Equity Fund offline?
You may approach any of the ICICI Mutual Fund offices and submit the relevant forms and documents to proceed with the application process. You may also approach third party dealers for applying to this scheme.
4. What is NAV?
5. What are the options under this scheme?
ICICI Prudential Dividend Yield Equity Fund offers growth and dividend options with dividend payout and dividend reinvestment sub-options.
6. What is the minimum additional investment?
A minimum of Rs. 100 (plus in multiples of Re.1) is accepted as additional investment.
7. Is there any systematic withdrawal plan available?
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