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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.
Features and Benefits of ICICI Prudential Dynamic Fund
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 House | ICICI Prudential Mutual Fund |
|---|---|
| Launch Date | Oct 31, 2002 |
| Benchmark (%) | NIFTY 200 TRI (65), NIFTY Composite Debt TRI (25), London Gold (10) |
| Riskometer | Moderately High |
| Risk Grade | - |
| Return Grade | - |
| Turnover | 57% |
| Type | Open-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 Cheques | 6 |
| 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 |
ICICI Prudential Dynamic Fund Performance
| YTD | 1-Month | 3-Month | 1-Year | 3-Year | 5-Year | 10-Year | |
|---|---|---|---|---|---|---|---|
| Fund | 0.51 | 0.60 | -4.60 | -1.02 | 7.51 | 7.78 | 12.64 |
| VR Balanced TRI | 1.88 | 0.04 | -7.34 | -1.87 | 8.27 | 7.48 | 9.56 |
| Category | 2.16 | 1.00 | -2.22 | 0.35 | 4.93 | 6.53 | 7.78 |
| Rank within Category | 11 | 9 | 10 | 8 | - | - | - |
| Number of funds in category | 14 | 14 | 14 | 13 | - | - | - |
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 on | Investments | Latest Value | Absolute Returns | Annualized Returns |
|---|---|---|---|---|---|
| 1 Year | 04-Sep-18 | 12000 | 11819.59 | -1.5 % | -2.76 % |
| 2 Year | 04-Sep-17 | 24000 | 23949.01 | -0.21 % | -0.2 % |
| 3 Year | 02-Sep-16 | 36000 | 37895.38 | 5.26 % | 3.36 % |
| 5 Year | 04-Sep-14 | 60000 | 71488.91 | 19.15 % | 6.94 % |
| 10 Year | 04-Sep-09 | 120000 | 214017.17 | 78.35 % | 11.13 % |
NAV as on 5th September 2019
ICICI Prudential Dynamic Fund – Portfolio
Top Equity Holdings
| Company | Sector | PE | 3Y High | 3Y Low | % Assets |
|---|---|---|---|---|---|
| NTPC | Energy | 10.54 | 10.47 | 0.00 | 9.58 |
| ICICI Bank | Financial | 46.96 | 7.59 | 3.29 | 7.05 |
| Bharti Airtel | Communication | 0.00 | 9.18 | 2.33 | 6.94 |
| ONGC | Energy | 5.99 | 4.72 | 0.00 | 3.95 |
| Vedanta | Metals | 7.64 | 5.71 | 0.00 | 3.92 |
| Hindalco Inds. | Metals | 51.23 | 3.50 | 0.00 | 3.50 |
| ITC | FMCG | 23.41 | 5.48 | 0.00 | 3.42 |
| State Bank of India | Financial | 30.69 | 4.31 | 0.00 | 2.94 |
| Sun Pharmaceutical Inds. | Healthcare | 33.12 | 2.93 | 0.00 | 2.91 |
| Indian Oil Corp. | Energy | 8.32 | 2.70 | 0.00 | 2.13 |
Top Debt Holdings
| Company | Instrument | Credit Rating | 1Y Range | % Assets |
|---|---|---|---|---|
| 8.75% Axis Bank 2022 | Bonds | AA+ | 1.70 - 1.79 | 1.79 |
| India Infrastructure Trust | Infrastructure Investment Trust | - | 0.00 - 1.33 | 1.29 |
| 7.57% GOI 2033 | GOI Securities | SOV | 0.00 - 1.21 | 1.21 |
| Bharti Telecom 2020 | Debenture | AA+ | 0.91 - 1.01 | 1.01 |
| Bharti Telecom 2021 | Zero Coupon Bonds | AA+ | 0.90 - 1.00 | 1.00 |
| 7.99% LIC Housing Fin. 2029 | Non-Convertible Debenture | AAA | 0.00 - 0.91 | 0.91 |
| Bharti Telecom 2020 | Non-Convertible Debenture | AA+ | 0.00 - 0.91 | 0.91 |
| Sadbhav Infrastructure Project 2020 | Debenture | A | 0.00 - 0.81 | 0.81 |
| 8.75% Axis Bank | Bonds/Debentures | AA+ | 0.00 - 0.68 | 0.67 |
| 10.48% Jindal Steel & Power 2019 | Debenture | BBB- | 0.54 - 0.59 | 0.59 |
Most Recent Dividends
| Plan | Record Date | Dividend (R / Unit) |
|---|---|---|
| Dividend | Aug 08, 2019 | 0.2036 |
ICICI Prudential Dynamic Fund 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.
| Plans | NAV (Rs) |
|---|---|
| Growth | 258.7007 |
| Dividend | 19.2449 |
There is a 0.94% change from previous, NAV as on Sep 05, 2019
How to invest in ICICI Prudential Dynamic Fund?
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.
FAQs: ICICI Prudential Dynamic Fund
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.
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