ICICI Prudential Dividend Yield Equity Fund Direct Growth
Equity
Direct
Dividend Yield
NAV as on 19-11-2024
₹ 54.27
▲0.2%
1D
Inception Returns
17.5%
/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
- 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.
- The fund has an expense ratio 0.6.
Returns
ICICI Prudential Dividend Yield Equity Fund Direct Growth has given a CAGR return of 17.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.46%, 24.50% and 27.07% respectively.
Holdings
ICICI Prudential Dividend Yield Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Securitize, Financial Services, Consumer Cyclical, Energy, Corporate, Utilities, Consumer Defensive, Health, Industrial, Tech, Basic Materials, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, NTPC Ltd, Sun Pharmaceuticals Industries Ltd, Maruti Suzuki India 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 benefitDividends 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
▲
▼
4567 people have invested ₹ 5.6Cr 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
90% Performance
57% Risk Management
100% Cost
1 out of 6 among dividend yield
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
No bad points found for this fund.
ICICI Prudential Dividend Yield Equity Fund Direct Growth Overview
| 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 | Redeeming 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 |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
80.4%
Small cap
9%
Mid cap
6.8%
Sector Allocation
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
- 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
- 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%
ICICI Bank Ltd's allocation increased from 7.3% to 7.7%
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 %
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 %
Small Cap allocation has gone down from 9.3% to 9%
Mid Cap allocation has gone down from 7.1% to 6.8%
Large Cap allocation has gone up from 78.3% to 80.4%
Cash allocation has gone down from 3.7% to 2.2%
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%
See all
Top Losers | 1M Return |
|---|---|
 NTPC Ltd | -13.7% |
 Oil & Natural Gas Corpn Ltd | -10.3% |
 Maruti Suzuki India Ltd | -10% |
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Mittul Kalawadia
Fund Manager of ICICI Prudential Dividend Yield Equity Fund Direct Growth, since 29 January 2018
Top funds managed
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
Over the last 1 month, this fund has increased expense ratio by 9.6% moving from 0.52 to 0.57.
In the last 5 years, this fund has outperformed all funds in its category.
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%.
Over the last 1 month, this fund has experienced a 3.8% drop in AUM moving from 5.06K Cr to 4.87K Cr.
In the last 3 years, this fund has outperformed all funds in its category.
In the last 1 year, LIC MF Dividend Yield Fund Direct Growth has given 44.56% return, outperforming this fund by 8.1%.
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 17.45% since inception which is more than its category average return of 16.27%
Fund Allocations
This fund has an allocation of 96.14% in Equity, 1.3% in Debt and 2.18% in Cash related instruments
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%
This fund has an expense ratio of 0.57% which is less than its category average expense ratio of 1.47%
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 ₹54.27 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
ICICI Prudential Dividend Yield Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.54% | -6.54% |
6 Month Returns | 5.52% | 5.52% |
1 Year Returns | 36.46% | 36.46% |
3 Years Returns | 92.99% | 24.5% |
5 Years Returns | 231.32% | 27.07% |
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0.57% as on October 2024
₹4875 Cr as on October 2024
HDFC Bank Ltd(8.12%), ICICI Bank Ltd(7.7%), NTPC Ltd(6.87%), Sun Pharmaceuticals Industries Ltd(6.73%), Maruti Suzuki India Ltd(6.51%) as on October 2024
Financial Services(29.71%), Consumer Cyclical(10.45%), Energy(9.76%) as on October 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 | 10.29 | 10.13 | 7.84 |
As on October 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 | 0.95 | 0.86 | 0.88 |
As on October 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 | 2.55 | 1.49 | 1.17 |
As on October 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 | 13.44 | 12.49 | 17.95 |
As on October 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 2.98 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 2.28 as on October 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%