ICICI Prudential Dividend Yield Equity Fund Direct Growth - Latest NAV ₹20.66, Returns, Performance & Portfolio

ICICI Prudential Dividend Yield Equity Fund Direct Growth

  • highlight
    14.54%
  • highlight
    (+0.21)20.66

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 14.2 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years14.54%
3 Years3.88%
1 Year28.56%
6 Months27.06%
Fund Details
ISININF109KA1UA0
RiskModerately High risk
Fund TypeDividend Yield
NAV20.66
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Infosys Ltd10.17%
Gujarat Pipavav Port Ltd7.93%
NTPC Ltd6.29%
Tata Power Co Ltd5.74%
ITC Ltd5.67%
HCL Technologies Ltd Shs Dematerialised5.04%
Firstsource Solutions Ltd3.68%
Vedanta Ltd2.92%
Bharat Petroleum Corp Ltd2.84%
Hindustan Aeronautics Ltd Ordinary Shares2.84%

About ICICI Prudential Dividend Yield Equity Fund

ICICI Prudential Dividend Yield Equity Fund, an equity linked savings scheme (ELSS), is a good choice for conservative investors looking for higher returns along with medium term goals, such as wealth creation and tax benefits. It generates long-term capital appreciation through investments in equity and equity-related securities of large cap (51%), mid cap (21%), and small cap (22%) companies.

Pros and Cons of ICICI Prudential Dividend Yield Equity Fund

ICICI Prudential Dividend Yield Equity Fund is an equity-linked saving scheme and offers income tax benefits under the Income Tax Act, 1961. Therefore, a lock-in period of three years is applicable. The one-year, three-year, and five-year returns of the scheme have been lower than the category average returns. The risk-adjusted returns are lower as compared to other schemes in the category.

Fund Information and Statistics

i) Inception/Launch Date

ICICI Prudential Dividend Yield Equity Fund was incepted on 19 August 1999.

ii) Risk Level

ICICI Prudential Dividend Yield Equity Fund has a moderately high risk profilesince the fund primarily invests in equity instruments (94.59%).

iii) Redemption

ICICI Prudential Dividend Yield Equity Fund comes with a lock-in period of three years. If you wish to redeem/switch out funds within the stipulated period, the tax benefit available will remain invalid.

iv) Fund Manager

The current Fund Manager for ICICI Prudential Dividend Yield Equity Fund is Mr Harish Bihani. In addition, Ms Priyanka Khandelwal works as the Overseas Investment Manager.

v) Entry/Exit Load

No entry load is charged when you purchase fund units. In addition, exit load is not charged as well.

About ICICI Prudenital Mutual Fund

ICICI Prudential Mutual Fund was incorporated on 22 June 1993 and got registered with SEBI on 13 October 1993. The sponsors for the fund house are Prudential Inc. and ICICI Bank Limited. On the other hand, the trustee company for the fund house is ICICI Prudential Trust Limited. The Average Assets Under Management (AAUM) of fund house for the quarter ending in June 2020 is Rs.3,26,178.07 crore.

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 14.2 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns