ICICI Prudential Dividend Yield Equity Fund Direct Growth
About the Fund
ICICI Prudential Dividend Yield Equity Fund Direct Growth is an equity fund. This fund was started on 16 May, 2014. The fund is managed by Mittul Kalawadia. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Dividend Yield Equity Fund Direct Growth has ₹4257 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
ICICI Prudential Dividend Yield Equity Fund Direct Growth has given a CAGR return of 18.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 55.24%, 31.33% and 27.69% respectively.
Holdings
ICICI Prudential Dividend Yield Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Securitize, Consumer Cyclical, Utilities, Energy, Industrial, Consumer Defensive, Health, Basic Materials, Tech, Communication, Government, Real Estate, Corporate. Its top holdings are ICICI Bank Ltd, NTPC Ltd, Sun Pharmaceuticals Industries Ltd, HDFC Bank Ltd, Maruti Suzuki India Ltd
Taxation
As it is a dividend yield mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Dividend Yield Equity Fund Direct Growth
The investment objective of ICICI Prudential Dividend Yield Equity Fund is to provide 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. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Dividend Yield Equity Fund Direct Growth has no lock in period.
INDmoney Rank
Fund Overview
| Expense ratio | 0.56% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹4257 Cr |
| Inception Date | 16 May, 2014 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 38.27% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Sun Pharmaceuticals Industries Ltd | 7.2% |
 ICICI Bank Ltd | 4.8% |
Mutual Fund Insights
ICICI Prudential Dividend Yield Equity Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹4257 Cr
Expense Ratio 0.56%
Frequently Asked Questions
ICICI Prudential Dividend Yield Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.89% | 4.89% |
6 Month Returns | 23.62% | 23.62% |
1 Year Returns | 55.24% | 55.24% |
3 Years Returns | 126.52% | 31.33% |
5 Years Returns | 239.5% | 27.69% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 15.24 | 11.54 | 6.42 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 0.85 | 0.81 | 0.88 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 3.62 | 1.96 | 1.09 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 10.49 | 11.59 | 17.93 |