Interested in financial products
Processing

What is ICICI Prudential Dynamic Fund?

ICICI Prudential Dynamic Fund is an open-ended instrument of investment. It is a multi-asset fund, investing in multiple assets like equity, debt, gold, etc. This scheme is ideal for long term wealth creation. The scheme will invest in three classes of assets across equity, gold, and debt. Investors who are not interested in such an allocation can choose to move out. However, those who are interested to hedge their portfolios with another asset can have their investment stay put.


Some of the main features and benefits of ICICI Prudential Dynamic Fund are as follows:

  • It is a diversified equity fund that aims to generate capital appreciation by investing in multiple assets like equity, debt, gold, etc.
  • ICICI Prudential Dynamic Fund is suitable for those who are seeking long term wealth creation solution.
  • Riskometer: moderately high.

Fund details

Fund HouseICICI Prudential Mutual Fund
Launch DateOct 31, 2002
Benchmark (%)NIFTY 200 TRI (65), NIFTY Composite Debt TRI (25), London Gold (10)
RiskometerModerately High
Risk Grade-
Return Grade-
Turnover57%
TypeOpen-ended
Return since Launch:21.29%
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 (%)For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

 YTD1-Month3-Month1-Year3-Year5-Year10-Year
Fund0.510.60-4.60-1.027.517.7812.64
VR Balanced TRI1.880.04-7.34-1.878.277.489.56
Category2.161.00-2.220.354.936.537.78
Rank within Category119108---
Number of funds in category14141413---

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 Year04-Sep-181200011819.59-1.5 %-2.76 %
2 Year04-Sep-172400023949.01-0.21 %-0.2 %
3 Year02-Sep-163600037895.385.26 %3.36 %
5 Year04-Sep-146000071488.9119.15 %6.94 %
10 Year04-Sep-09120000214017.1778.35 %11.13 %

NAV as on 5th September 2019


Top Equity Holdings

CompanySectorPE3Y High3Y Low% Assets
NTPCEnergy10.5410.470.009.58
ICICI BankFinancial46.967.593.297.05
Bharti AirtelCommunication0.009.182.336.94
ONGCEnergy5.994.720.003.95
VedantaMetals7.645.710.003.92
Hindalco Inds.Metals51.233.500.003.50
ITCFMCG23.415.480.003.42
State Bank of IndiaFinancial30.694.310.002.94
Sun Pharmaceutical Inds.Healthcare33.122.930.002.91
Indian Oil Corp.Energy8.322.700.002.13

Top Debt Holdings

CompanyInstrumentCredit Rating1Y Range% Assets
8.75% Axis Bank 2022BondsAA+1.70 - 1.791.79
India Infrastructure TrustInfrastructure Investment Trust-0.00 - 1.331.29
7.57% GOI 2033GOI SecuritiesSOV0.00 - 1.211.21
Bharti Telecom 2020DebentureAA+0.91 - 1.011.01
Bharti Telecom 2021Zero Coupon BondsAA+0.90 - 1.001.00
7.99% LIC Housing Fin. 2029Non-Convertible DebentureAAA0.00 - 0.910.91
Bharti Telecom 2020Non-Convertible DebentureAA+0.00 - 0.910.91
Sadbhav Infrastructure Project 2020DebentureA0.00 - 0.810.81
8.75% Axis BankBonds/DebenturesAA+0.00 - 0.680.67
10.48% Jindal Steel & Power 2019DebentureBBB-0.54 - 0.590.59

Most Recent Dividends

PlanRecord DateDividend (R / Unit)
DividendAug 08, 20190.2036

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)
Growth258.7007
Dividend19.2449

There is a 0.94% change from previous, NAV as on Sep 05, 2019


Investing in ICICI Prudential Dynamic 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 Dynamic Fund?

ICICI Prudential Dynamic 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 Dynamic 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 is the minimum additional investment?

A minimum of Rs. 1000 is accepted as an additional investment.

6. Is there any systematic withdrawal plan available?

Yes

7. What is a multi-asset scheme?

A multi-asset scheme, like the ICICI Prudential Dynamic Fund, invests in equity, debt, and gold.

×Thank you! Your comment will be reviewed and posted shortly.

Write a review

CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.