3 Year return
27.71%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹4875.15 Cr.
Expense Ratio
0.57% (inclusive of GST)
Exit Load
1.00% - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out within 1 year from the date of allotment. Nil - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out after 1 year from the date of allotment.
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
ICICI Prudential Mutual Fund Managers
MK
Mittul Kalawadia
Fund Manager since Apr 2022
Fund House Details
ICICI Prudential Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Aditya Birla Sun Life Dividend Yield Fund |
25.3% |
2.5 |
LIC MF Dividend Yield Fund |
23.88% |
1.5 |
Templeton India Equity Income Fund |
22.55% |
4 |
Schemes by ICICI Prudential Mutual Fund
List of mutual fund schemes by AMC
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Growth
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Reinvestment
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment
About ICICI Prudential Dividend Yield Equity Fund Direct Plan Growth
ICICI Prudential Dividend Yield Equity Fund Direct Plan Growth is an equity mutual fund scheme offered by ICICI Prudential Mutual Fund, one of the prominent names in the mutual fund industry. This open-ended scheme allows investors the flexibility to buy, switch-in, redeem, or switch out units on any business day at prices based on the Net Asset Value (NAV), subject to applicable exit loads. The fund's investment approach centres around constructing a well-diversified portfolio predominantly comprising equity and equity-related instruments.
Investment Objective of the Scheme
The primary focus and investment objective of ICICI Prudential Dividend Yield Equity Fund Direct Plan Growth revolves around delivering medium to long-term capital appreciation and/or providing regular dividend distributions to its investors. To achieve this objective, the fund predominantly invests in a well-diversified portfolio of equity and equity-related instruments of companies known for their history of offering dividends to shareholders. By selecting such companies, the fund endeavours to capitalise on their potential for sustainable growth and income generation.
Key Features of The Fund
5-year return | 28.34% |
Expense Ratio | 0.57% |
Fund Manager | Mittul Kalawadia |
Fund Size | ₹4875.15 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
ICICI Prudential Dividend Yield Equity Fund is a good choice for investors who want potentially higher returns and regular income through dividends. It focuses on dividend-yielding companies, which makes it attractive for those seeking income. However, be aware that the fund invests in stocks, so its value can go up and down with the market. It may be more suitable for those willing to take on higher risk and have a medium to long-term investment horizon.
AMC Contact Details
Name | ICICI Prudential Mutual Fund |
Launch Date | June 1993 |
Addresss | One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051 |
Contact | 18002006000 91 22 2652 5000 |
enquiry@icicipruamc.com | |
Website | https://www.icicipruamc.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Make Use of SIPs for Harnessing the Power of Compounding
FAQs
What is today's NAV of ICICI Prudential Dividend Yield Equity Fund?
What is the AUM of ICICI Prudential Dividend Yield Equity Fund?
What is the expense ratio of ICICI Prudential Dividend Yield Equity Fund?
What are the returns of ICICI Prudential Dividend Yield Equity Fund since inception?
What is the minimum SIP amount to invest in ICICI Prudential Dividend Yield Equity Fund?
How do I invest in ICICI Prudential Dividend Yield Equity Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in ICICI Prudential Dividend Yield Equity Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in ICICI Prudential Dividend Yield Equity Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in ICICI Prudential Dividend Yield Equity Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.