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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.


Some of the main features and benefits of ICICI Prudential Dividend Yield Equity Fund are as follows:

  • It is a diversified equity fund that aims to generate capital appreciation by investing in a well-diversified portfolio of equity and equity-related instruments of dividend-yielding companies.
  • ICICI Prudential Dividend Yield Equity Fund is suitable for those who are seeking long term wealth creation solution.
  • Riskometer: moderately high.

Fund details

Fund HouseICICI Prudential Mutual Fund
Fund HouseICICI Prudential Mutual Fund
Launch DateMay 16, 2014
BenchmarkNIFTY Div Opps 50 TRI
RiskometerModerately High
Risk Grade-
Return Grade-
Turnover57%
TypeOpen-ended
Return since Launch:8.37%
Minimum Investment (R)5,000
Minimum Addl Investment (R)1,000
Minimum SIP Investment (R)100
Minimum No of Cheques6
Minimum Withdrawal (R)500
Minimum Balance (R)-
Exit Load (%)1% for redemption within 365 days

 YTD1-Month3-Month1-Year3-Year5-Year10-Year
Fund-6.590.92-9.83-12.953.615.14-
Category-3.832.15-6.64-10.584.745.63-
Rank within Category565444-
Number of funds in category566555-

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.

SIP Performance

Period Invested for₹1000 SIP Started onInvestmentsLatest ValueAbsolute ReturnsAnnualized Returns
1 Year05-Sep-181200011311.52-5.74 %-10.41 %
2 Year05-Sep-172400021776.15-9.27 %-9.04 %
3 Year02-Sep-163600034148-5.14 %-3.39 %
5 Year05-Sep-146000064587.547.65 %2.91 %

NAV as on 5th September 2019


Portfolio Aggregates

FundBenchmarkCategory
Average Mkt Cap (Rs Cr)45,032.62-49,706.80
Giant (%)48.09-39.16
Large (%)12.73-18.61
Mid (%)16.22-27.73
Small (%)22.95-14.50
Tiny (%)---

Top Holdings

CompanySectorPE3Y High3Y Low% Assets
NTPCEnergy10.3710.470.009.50
ITCFMCG23.4211.070.009.20
Gujarat Pipavav PortServices17.759.990.008.32
InfosysTechnology22.7810.013.117.14
Cummins IndiaEngineering23.055.853.594.80
HPCLEnergy7.885.160.004.72
Hindustan UnileverFMCG63.244.210.004.21
Tata ChemicalsChemicals12.394.362.873.87
Tata Consultancy ServicesTechnology25.773.340.003.34
Indian Oil Corp.Energy8.374.650.003.05

Most Recent Dividends

PlanRecord DateDividend (R / Unit)
DividendJul 10, 20190.9739

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.

PlansNAV (Rs)
Growth15.32
Dividend10.19

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:

Online: 

  • You can simply click on the “Invest Now” option on their official website, where after you will be prompted for your basic information, like name, mobile number, and PAN number. You will need to fill up the one-time registration form to complete the process.

Offline:

  • You may approach your nearest ICICI Mutual Fund office and submit the relevant forms and documents to proceed with the application process. Alternatively, you may also approach third party dealers for applying to this scheme. However, make sure that the dealer is genuine as there are a lot of fraudulent dealers.

Request for a callback:

  • You can request for a call back by entering your contact details (name and phone number) on their contact form whereupon an expert will get in touch with you to further discuss your investment options.

Email:

  • You can email their customer service on the email address listed on their website for more information.

Tollfree number:

  • You can call their toll-free number listed on their official website and talk to an expert.

Chat:

  • You can also chat with an online assistant using the chat option on their website and have your questions addressed.

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?

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.

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?

Yes

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