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Unrated

ICICI Prudential Dividend Yield Equity Fund


Equity: Thematic-Dividend Yield

1 Lakh

Investment declined to
₹ 0.86 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.32 Lakh

Suitability:

This is a fund that invests mainly in companies which have a high dividend yield, which is basically a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other dividend yield fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -7.85 1.03 1.73 4.34 23.48 -8.08 -3.99 -4.99 2.97 -- --
S&P BSE 500 TRI -6.09 0.91 1.62 4.45 21.73 -7.34 4.43 2.88 6.38 -- --
Equity: Thematic-Dividend Yield -1.74 1.02 2.19 5.54 21.57 -3.79 6.74 0.05 4.55 -- --
Rank within category 6 4 6 5 1 6 6 5 4 -- --
Number of funds in category 6 6 6 6 6 6 6 5 5 4 4

As on 06-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Dividend Yield Equity Fund  | Invest Now
Unrated
May-14 -3.99 -4.99 2.97 2.64 148
UTI Dividend Yield Fund - Regular Plan  | Invest Online
Unrated
May-05 9.22 4.02 5.74 2.05 2,093
Templeton India Equity Income Fund  | Invest Online Now
Unrated
May-06 0.71 0.03 4.95 2.40 738
Aditya Birla Sun Life Dividend Yield Fund  | Invest Online
Unrated
Feb-03 8.65 -3.13 1.37 2.55 635

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.06 (24-Mar-2020 - 31-Mar-2020) -15.97 (11-Mar-2020 - 18-Mar-2020)
Month 17.26 (23-Mar-2020 - 22-Apr-2020) -33.05 (20-Feb-2020 - 23-Mar-2020)
Quarter 31.32 (24-Mar-2020 - 23-Jun-2020) -34.83 (23-Dec-2019 - 23-Mar-2020)
Year 45.19 (26-Dec-2016 - 26-Dec-2017) -38.00 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -3.73 19.62 -0.46 -0.55 0.85 -8.54
S&P BSE 500 TRI 4.74 21.74 -0.02 -0.03 -- --
Equity: Thematic-Dividend Yield 1.20 19.06 -0.20 -0.23 0.85 -3.62
Rank within category 5 4 5 5 4 5
Number of funds in category 5 5 5 5 5 5

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 39
Top 10 Stocks (%) 60.62
Top 5 Stocks (%) 41.87
Top 3 Sectors (%) 61.45
Portfolio P/B Ratio 1.32
Portfolio P/E Ratio 10.86

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 38,843 50,697
Giant (%) 39.10 35.23
Large (%) 24.19 21.44
Mid (%) 14.58 28.67
Small (%) 20.67 14.30
Tiny (%) 1.46 1.10

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Infosys Technology 23.78 11.12 3.11 10.33
up NTPC Energy 12.61 10.47 2.01 9.31
equal Gujarat Pipavav Port Services 11.72 9.99 0.00 9.30
down ITC FMCG 16.68 11.07 1.96 6.64
equal Hindustan Unilever FMCG 75.78 6.47 0.00 6.29
up Tata Power Energy 13.20 4.79 0.00 4.79
down HPCL Energy 8.11 5.64 0.00 3.74
up BPCL Energy 29.80 3.70 0.00 3.70
equal Indian Oil Corp. Energy -- 4.65 0.00 3.36
up Vedanta Metals -- 3.16 0.00 3.16
equal Bharti Airtel Communication -- 3.23 0.00 3.00
new GAIL Energy 4.64 2.84 0.00 2.84
equal CCL Products (I) FMCG 18.85 2.75 0.00 2.75
equal Tech Mahindra Technology 15.82 3.66 0.00 2.65
down Mahindra & Mahindra Automobile 587.74 3.25 0.00 2.23
down Tata Chemicals Chemicals 1.09 6.05 1.77 2.00
new Hexaware Technologies Technology 17.37 1.89 0.00 1.89
equal Gateway Distriparks Services 18.35 3.44 1.50 1.52
up Siemens Engineering 40.02 1.47 0.00 1.47
equal Bajaj Consumer Care FMCG 14.76 2.91 0.00 1.22
equal Ambuja Cements Construction 21.93 1.30 0.00 1.21
equal Hindalco Inds. Metals 10.60 1.24 0.00 1.20
new Bharti Infratel Communication 11.43 1.19 0.00 1.19
equal Mayur Uniquoters Textiles 13.94 1.37 0.00 1.14
down Central Depository Services Financial 29.78 4.96 0.99 0.99

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Mittul Kalawadia since 29-Jan-2018

Education: Mr. Kalawadia is a B.Com. from Mithibai College, M.Com. from University of Mumbai and CA. from ICAI.

Experience: He has been associated with ICICI Prudential since 2012.

Funds Managed:

— Mrinal Singh since 25-Apr-2014

Education: Mr. Singh is B.E (Mechanical) and PGDM from SPJIMR Mumbai.

Experience: He has been associated with ICICI Prudential AMC since June 2008.

Interviews:

Funds Managed:


1.03%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 14.6700

Dividend: ₹ 9.7500


Investment Strategy

The scheme seeks to provide medium to long term capital gains and dividend distribution by investing in a well diversified portfolio of predominantly equity and equity related instruments, which offer attractive dividend yield.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 16-May-2014
Return Since Launch: 6.34%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 148 Cr (As on 30-Jun-2020)
Expense: 2.64% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: 68.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend10-Jul-20190.9739

 27-Jul-20180.5755
 09-Mar-20180.7500
 21-Jul-20171.9300
 17-Jun-20160.5000
 22-May-20150.4000

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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