ICICI Prudential Dividend Yield Equity Fund Direct Growth
Equity
Direct
Dividend Yield
NAV: ₹ 49.64 as on 16-04-2024
Fund Performance
2587 people have invested ₹ 3.5Cr in ICICI Prudential Dividend Yield Equity Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 3 years, this fund has outperformed all funds in its category.
In the last 5 years, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 47.5% growth in AUM moving from 2.45K Cr to 3.62K Cr.
This fund has one of the lowest expense ratio in the category (dividend yield). Its expense ratio is 0.52% which is lower than the category average expense ratio of 1.41%.
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has decreased expense ratio by 27.8% moving from 0.72 to 0.52.
INDmoney Rank of ICICI Prudential Dividend Yield Equity Fund Direct Growth
Powered by IND quant engine
1
/5
100% Performance
65% Risk Management
99% Cost
1 out of 5 among dividend yield
Pros
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
Cons
No bad points found for this fund.
About the ICICI Prudential Dividend Yield Equity Fund Direct Growth
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 ₹3626 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.5.
ICICI Prudential Dividend Yield Equity Fund Direct Growth Overview
 | 0.52% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹3626 Cr |
 | 16 May, 2014 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 38.27% |
ICICI Prudential Dividend Yield Equity Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
71%
Mid cap
10.9%
Small cap
9.5%
Sector Allocation
Financial Services
24.4%
Utilities
12.7%
Energy
10.6%
Consumer Cyclical
10.1%
Consumer Defensive
8.2%
Industrial
7.7%
Health
7.7%
Tech
6.8%
Communication
5.6%
Basic Materials
5.2%
Real Estate
1.1%
Top Holdings of ICICI Prudential Dividend Yield Equity Fund Direct Growth as on (31-Mar-24)
Equity Holdings55
Debt Holdings3
ICICI Prudential Dividend Yield Equity Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.07% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 2.54% in Mar'24
AUM Change
- AUM of the fund stands at 3.6K Cr as of Mar'24
- AUM increased by 176.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential Dividend Yield Equity Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Maruti Suzuki India Ltd | 7.7% |
 Bharti Airtel Ltd | 4.9% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 NTPC Ltd | 12.2% |
 JM Financial Ltd | 12.8% |
Peer Analysis
ICICI Prudential Dividend Yield Equity Fund Direct Growth Fund Manager
Mittul Kalawadia
Fund Manager of ICICI Prudential Dividend Yield Equity Fund Direct Growth, since 29 January 2018
Top funds managed
ICICI Prudential Dividend Yield Equity Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.53% since inception which is less than its category average return of 19.78%
Fund Allocations
This fund has an allocation of 91.38% in Equity, 1.63% in Debt and 6.99% in Cash related instruments
AUM size ₹3626 Cr
This fund has AUM of ₹3626 Cr which is more than its category average of ₹ 2765 Cr
Expense Ratio 0.52%
This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.52%
Frequently Asked Questions
The current NAV of ICICI Prudential Dividend Yield Equity Fund Direct Growth is ₹49.64 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
ICICI Prudential Dividend Yield Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.44% | 3.44% |
6 Month Returns | 27.61% | 27.61% |
1 Year Returns | 54.31% | 54.31% |
3 Years Returns | 136.49% | 33.23% |
5 Years Returns | 179.82% | 22.85% |
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0.52% as on March 2024
₹3626 Cr as on March 2024
ICICI Bank Ltd(7.96%), NTPC Ltd(7.59%), Sun Pharmaceuticals Industries Ltd(7.03%), Maruti Suzuki India Ltd(6.05%), HDFC Bank Ltd(5.39%) as on March 2024
Financial Services(22.33%), Utilities(11.62%), Energy(9.66%) as on March 2024
The alpha ratio for the ICICI Prudential Dividend Yield Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 15.34 | 12.74 | 6.09 |
As on March 2024
The alpha for ICICI Prudential Dividend Yield Equity Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Dividend Yield Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 0.84 | 0.86 | 0.89 |
As on March 2024
The Beta for ICICI Prudential Dividend Yield Equity Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Dividend Yield Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 3.95 | 1.98 | 0.97 |
As on March 2024
The sharpe ratio for ICICI Prudential Dividend Yield Equity Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Dividend Yield Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 9.88 | 12.25 | 17.97 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 4.97 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.69 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Mittul Kalawadia is the fund manager of ICICI Prudential Dividend Yield Equity Fund Direct Growth
The Exit load of ICICI Prudential Dividend Yield Equity Fund Direct Growth is 1%