ICICI Prudential Dividend Yield Equity Fund Direct Growth

ICICI Prudential Dividend Yield Equity Fund Direct Growth

Equity

Direct

Dividend Yield

NAV as on 11-12-2024

₹ 56.56

0.1%

1D

Inception Returns

17.8%

/yr

About 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

  1. ICICI Prudential Dividend Yield Equity Fund Direct Growth has ₹4875 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

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.

Holdings

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

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 benefit
Dividends 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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
4520 people have invested ₹ 5Cr in ICICI Prudential Dividend Yield Equity Fund Direct Growth in the last three months

INDmoney Rank for ICICI Prudential Dividend Yield Equity Fund Direct Growth

Powered by IND quant engine
1
/6
84% Performance
55% Risk Management
100% Cost
1 out of 6 among dividend yield
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Generated Consistent Returns
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Consistently beats benchmark
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Lower probablity of downside risk
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No bad points found for this fund.

ICICI Prudential Dividend Yield Equity Fund Direct Growth Overview

Expense ratio0.57%
Benchmark
S&P BSE 500 India TR INR
AUM₹4875 Cr
Inception Date16 May, 2014
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
38.27%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (11-Dec-24)

Period
ICICI Prudential Dividend Yield Equity Fund Direct Growth
Nifty 500
dividend yield
1M
1%
3.4%
2.3%
3M
-1.6%
-0.7%
-1.3%
6M
7.2%
6.9%
7.9%
1Y
32.1%
24.4%
30.4%
3Y
26.4%
15.5%
21.4%
5Y
28.7%
19.4%
24.2%

Fund Distribution

as on (31-Oct-24)

  • Equity 94.2%

  • Debt & Cash 5.5%

Large cap
79.6%

Small cap
8.6%

Mid cap
6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
30.9%
Consumer Cyclical
10.9%
Energy
10.2%
Utilities
8.8%
Consumer Defensive
8.1%
Health
7%
Industrial
6.9%
Tech
5.8%
Basic Materials
5.6%
Communication
4.1%
Real Estate
1.7%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-6.04%
2.60%
1.30%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -6.04% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 0.48% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 4.9K Cr
₹ 5.1K Cr
₹ 4.8K Cr
  • AUM of the fund stands at 4.9K Cr as of Oct'24
  • AUM decreased by 190.7 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Larsen & Toubro Ltd's allocation increased from 2.74% to 3.18%
Larsen & Toubro Ltd's allocation increased from 2.74% to 3.18%
ICICI Bank Ltd's allocation increased from 7.3% to 7.7%
ICICI Bank Ltd's allocation increased from 7.3% to 7.7%
HDFC Bank Ltd's allocation increased from 7.79% to 8.12%
HDFC Bank Ltd's allocation increased from 7.79% to 8.12%
Top Stocks sold last month
NTPC Ltd's allocation decreased from 7.17 % to 6.87 %
NTPC Ltd's allocation decreased from 7.17 % to 6.87 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 6.75 % to 6.73 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 6.75 % to 6.73 %
Maruti Suzuki India Ltd's allocation decreased from 7.08 % to 6.51 %
Maruti Suzuki India Ltd's allocation decreased from 7.08 % to 6.51 %
Large Cap allocation has gone up from 78.3% to 80.4%
Large Cap allocation has gone up from 78.3% to 80.4%
Small Cap allocation has gone down from 9.3% to 9%
Small Cap allocation has gone down from 9.3% to 9%
Mid Cap allocation has gone down from 7.1% to 6.8%
Mid Cap allocation has gone down from 7.1% to 6.8%
Cash allocation has gone down from 3.7% to 2.2%
Cash allocation has gone down from 3.7% to 2.2%
Debt allocation has gone up from 1.2% to 1.3%
Debt allocation has gone up from 1.2% to 1.3%

Top 3 Sectors in October were Financial Services, Securitize & Consumer Cyclical

Oct'24
Securitize
34%
Financial Services
31%
Consumer Cyclical
11%
Sep'24
Financial Services
30%
Securitize
20%
Consumer Cyclical
12%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
72
69
65
Top 5 Company Concentration
35.9%
36.1%
35.5%
Company having highest exposure
HDFC Bank Ltd (8.1%)
HDFC Bank Ltd (7.8%)
HDFC Bank Ltd (7.7%)
No of Sectors
13
13
12
Top 5 Sectors Concentration
95.4%
83.3%
78.7%
Sector having highest exposure
Securitize (33.6%)
Financial Services (30.4%)
Financial Services (30.1%)
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Mittul Kalawadia
Mittul Kalawadia
Fund Manager of ICICI Prudential Dividend Yield Equity Fund Direct Growth, since 29 January 2018
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.35L Cr
as on 31-Oct-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com

Mutual Fund Insights

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In the last 1 year, LIC MF Dividend Yield Fund Direct Growth has given 43.71% return, outperforming this fund by 11.66%.
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This fund has one of the lowest expense ratio in the category (dividend yield). Its expense ratio is 0.57% which is lower than the category average expense ratio of 1.38%.
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In the last 5 years, this fund has outperformed all funds in its category.
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In the last 3 years, this fund has outperformed all funds in its category.
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Over the last 1 month, this fund has experienced a 3.8% drop in AUM moving from 5.06K Cr to 4.87K Cr.
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Over the last 6 months, this fund has increased expense ratio by 11.8% moving from 0.51 to 0.57.

ICICI Prudential Dividend Yield Equity Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.81% since inception which is more than its category average return of 17.66%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.17% in Equity, 1.24% in Debt and 4.25% in Cash related instruments
AUM size ₹4875 Cr

AUM size ₹4875 Cr

This fund has AUM of ₹4875 Cr which is more than its category average of ₹ 3337 Cr
Expense Ratio 0.57%

Expense Ratio 0.57%

This fund has an expense ratio of 0.57% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions for ICICI Prudential Dividend Yield Equity Fund Direct Growth

The current NAV of ICICI Prudential Dividend Yield Equity Fund Direct Growth is ₹56.56 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
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%
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0.57% as on November 2024
₹4875 Cr as on November 2024
HDFC Bank Ltd(8.35%), ICICI Bank Ltd(7.9%), Maruti Suzuki India Ltd(6.64%), Sun Pharmaceuticals Industries Ltd(6.6%), NTPC Ltd(6.23%) as on November 2024
Financial Services(30.07%), Consumer Cyclical(10.22%), Energy(9.63%) as on November 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
6.98
9.56
7.96
As on November 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
0.96
0.86
0.89
As on November 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
1.86
1.51
1.16
As on November 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
13.24
12.4
17.97
As on November 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 3.04 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.03 as on November 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%