ICICI Prudential Dividend Yield Equity Fund Growth Option

ICICI Prudential Dividend Yield Equity Fund Growth Option is a fund scheme from ICICI mutual fund. It falls under a Dividend Yield category. After being launched on 2014-05-16. ICICI Prudential Dividend Yield Equity Fund Growth Option has achieved Rs 4834.9 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 500 and lumpsum of Rs 5000 to start the investment. The expense ratio of this fund is 1.87%.

• 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 Growth Option trailing returns over different times are 9.75% (1 year), 24.32% (3 year), 33.73% (5 year). The average annual return of this fund stands at 9.75%

• Fund Manager & Portfolio Allocation:

  Mittul Kalawadia, Sharmila D'mello are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Banks, Automobiles, Power, Pharmaceuticals & Biotechnology, Oil, Sectors. First five holdings of this fund are HDFC BANK LIMITED EQ NEW FV RE. 1/-, ICICI BANK LIMITED EQ NEW FV RS. 2/-, NTPC LIMITED EQ, MARUTI SUZUKI INDIA LIMITED EQ, SUN PHARMACEUTICAL INDUSTRIES LTD. EQ NEW F.V. RE.1/-, 91 Days Treasury Bills, 91 Days Treasury Bills, 182 Days Treasury Bills, 182 Days Treasury Bills Companies.