ICICI Prudential Dividend Yield Equity Fund IDCW Option

ICICI Prudential Dividend Yield Equity Fund IDCW Option is a scheme launched by ICICI Mutual Fund on May 16, 2014, and falls under the Dividend Yield fund category. It currently manages an AUM of Rs 5,779.14 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.85% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  ICICI Prudential Dividend Yield Equity Fund IDCW Option trailing returns over different times are -9.98% (1 year), 11.52% (3 year) and 15.97% (5 year). The average annual return of this fund stands at -3.05%.