July 7, 2022
mayank
ICICI Prudential Dividend Yield Equity Fund Guidance
NAV Growth : Rs 27.0000
NAV IDCW : Rs 16.1300
Suitable For Which Investors ?
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 flexi-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.
Fund’s 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.
Fund Manager :
— Mittul Kalawadia
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 16-May-14 |
| Return Since Launch: | 12.97% |
| Benchmark: | NIFTY 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 923 Cr |
| (As on 31-May-2022) | |
| Expense: | 1.00% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 62.00% |
ICICI Prudential Dividend Yield Equity Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru Dividend Yield Equity Direct-G | -4.86 | 0.37 | -0.18 | -3.95 | -10.03 | -5.69 | 12.17 | 16.8 | 9.38 | 11.76 | — |
| S&P BSE 500 TRI | -8.07 | 1.28 | 1.64 | -2.79 | -10.47 | -9.86 | 1.8 | 13.84 | 11.5 | 11.41 | — |
| Equity: Thematic-Dividend Yield | -7.96 | 0.89 | 1.11 | -3.01 | -10.2 | -8.84 | 4.2 | 16.53 | 10.79 | 11.38 | — |
| Rank within category | 2 | 8 | 8 | 8 | 4 | 2 | 1 | 3 | 4 | 3 | — |
| Number of funds in category | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 6 | 5 | 5 | 0 |
ICICI Prudential Dividend Yield Equity Fund Guidance 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 | Unrated | May-14 | 12.17 | 16.8 | 9.38 | 1.00% | 923 |
| HDFC Dividend Yield Fund | Unrated | Dec-20 | 10.12 | — | — | 0.45% | 2,830 |
| UTI Dividend Yield Fund | Unrated | Jan-13 | -0.77 | 14.63 | 11.03 | 1.49% | 2,808 |
| Templeton India Equity Income Fund | Unrated | Jan-13 | 9.93 | 21.1 | 14.39 | 1.63% | 1,257 |
| Aditya Birla Sun Life Dividend Yield Fund | Unrated | Jan-13 | -1.96 | 14.41 | 7.11 | 1.74% | 788 |
Portfolio Analysis
| Number of Stocks | 39 |
| Top 10 Stocks (%) | 52.99 |
| Top 5 Stocks (%) | 30.38 |
| Top 3 Sectors (%) | 52.68 |
| Portfolio P/B Ratio | 2.29 |
| Portfolio P/E Ratio | 14.48 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,34,471 | 1,14,824 |
| Giant (%) | 60.19 | 46.86 |
| Large (%) | 22.64 | 24.91 |
| Mid (%) | 5.91 | 19.58 |
| Small (%) | 11.25 | 8.65 |
| Tiny (%) | — | — |
ICICI Prudential Dividend Yield Equity Fund Guidance by Chanakya :
Do not invest in this, or any other dividend yield fund, if you need to redeem your investment in less than five years.
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