Equity
Direct
Dividend Yield
NAV as on 11-12-2024
₹ 56.56
▲0.1%
1D
Inception Returns
17.8%
/yr
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.
ICICI Prudential Dividend Yield Equity Fund Direct Growth has given a CAGR return of 17.81% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 32.06%, 26.40% and 28.75% respectively.
ICICI Prudential Dividend Yield Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Securitize, Consumer Cyclical, Energy, Utilities, Consumer Defensive, Industrial, Health, Basic Materials, Tech, Corporate, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Maruti Suzuki India Ltd, Sun Pharmaceuticals Industries Ltd, NTPC Ltd
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.
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 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.
Expense ratio | 0.57% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹4875 Cr |
Inception Date | 16 May, 2014 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 38.27% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (11-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Securitize & Consumer Cyclical
ICICI Prudential Dividend Yield Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.98% | 0.98% |
6 Month Returns | 7.24% | 7.24% |
1 Year Returns | 32.06% | 32.06% |
3 Years Returns | 101.93% | 26.4% |
5 Years Returns | 253.72% | 28.75% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 6.98 | 9.56 | 7.96 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 0.96 | 0.86 | 0.89 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 1.86 | 1.51 | 1.16 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Dividend Yield Equity Fund Direct Growth | 13.24 | 12.4 | 17.97 |