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Unrated

ICICI Prudential Dividend Yield Equity Fund


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.34 Lakh

Analyst's Choice?

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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -4.59 -1.36 -0.98 -6.87 -2.94 1.81 -0.65 0.98 3.94 -- --
S&P BSE 500 TRI -1.15 -2.01 -1.35 -3.30 0.86 11.31 10.62 9.51 7.81 -- --
Equity: Thematic-Dividend Yield -0.10 -1.65 -0.79 -3.49 1.57 9.23 5.10 4.94 5.29 -- --
Rank within category 6 1 5 6 6 6 5 5 4 -- --
Number of funds in category 6 6 6 6 6 6 5 5 5 4 4

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 8.09 (26-Feb-2016 - 04-Mar-2016) -8.30 (17-Aug-2015 - 24-Aug-2015)
Month 11.90 (29-Feb-2016 - 30-Mar-2016) -10.87 (07-Sep-2018 - 09-Oct-2018)
Quarter 17.31 (29-Feb-2016 - 30-May-2016) -17.63 (27-Nov-2015 - 26-Feb-2016)
Year 45.19 (26-Dec-2016 - 26-Dec-2017) -19.54 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.57 13.60 -0.01 -0.01 0.96 -6.06
S&P BSE 500 TRI 11.88 12.82 0.48 0.72 -- --
Equity: Thematic-Dividend Yield 7.67 12.18 0.17 0.27 0.88 -3.46
Rank within category 4 5 4 4 4 4
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-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 38
Top 10 Stocks (%) 60.72
Top 5 Stocks (%) 42.10
Top 3 Sectors (%) 48.41
Portfolio P/B Ratio 1.39
Portfolio P/E Ratio 11.47

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 27,829 47,063
Giant (%) 36.96 33.04
Large (%) 15.11 21.42
Mid (%) 16.17 28.03
Small (%) 30.65 17.33
Tiny (%) 1.10 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 20.72 10.01 3.11 9.82
equal Gujarat Pipavav Port Services 11.52 9.99 0.00 9.38
equal NTPC Energy 5.60 10.47 2.01 8.76
equal ITC FMCG 16.65 11.07 0.00 8.09
up Tata Chemicals Chemicals 15.45 6.05 2.87 6.05
up Indian Oil Corp. Energy 8.07 4.65 0.00 3.93
down Cummins India Engineering 21.85 5.85 3.59 3.90
equal Central Depository Services Financial 27.21 4.96 0.00 3.80
equal Tech Mahindra Technology 18.16 3.66 0.00 3.66
down HPCL Energy 12.21 5.64 0.00 3.32
equal Hindustan Zinc Metals 10.18 3.61 0.00 3.28
equal BPCL Energy 12.90 3.36 0.00 3.02
equal Gateway Distriparks Services 3.41 3.44 1.86 2.86
equal National Aluminium Metals 25.60 3.06 0.00 2.85
new CCL Products (I) FMCG 20.22 2.33 0.00 2.33
equal CSB Bank Financial -- 2.67 0.00 2.30
equal JK Lakshmi Cement Construction 19.86 2.43 1.42 2.07
equal Bajaj Consumer Care FMCG 13.13 2.91 0.00 1.65
equal HCL Technologies Technology 15.48 7.55 1.50 1.58
new Bharti Airtel Communication -- 1.46 0.00 1.46
equal Union Bank of India Financial -- 3.30 0.93 1.34
equal South Indian Bank Financial 5.44 5.00 1.24 1.30
equal Karur Vysya Bank Financial 17.36 4.03 1.15 1.15
equal ONGC Energy 5.80 2.84 0.00 1.13
new Mayur Uniquoters Textiles 17.58 1.13 0.00 1.13

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 31-Jan-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:


-1.36%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 15.1900

Dividend: ₹ 10.1000


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: 7.50%
Benchmark: NIFTY Div Opps 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 168 Cr (As on 31-Jan-2020)
Expense: 2.62% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --
Turnover: 53.00%

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: 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

Upcoming Video

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Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM