ICICI Prudential Dividend Yield Equity Fund Direct-Growth is an equity mutual fund that focuses on dividend-yielding stocks. As of September 28, 2024, the fund’s AUM stands at ₹4,840.61 Cr, and its most recent NAV is ₹60.3900, showing a 0.15% increase from the previous day.
The fund has achieved impressive performance over the years:
- 57.39% return in the last year
- 121.29% return over 3 years
- 505.11% since the scheme’s launch
Sector Allocation in ICICI Prudential Dividend Yield Equity Fund
| Sector | Percentage Holding (%) | Value (₹ Cr) |
|---|---|---|
| Financial | 26.79% | ₹1,296.72 |
| Energy | 17.35% | ₹839.76 |
| Automobile | 9.59% | ₹464.34 |
| Healthcare | 6.70% | ₹324.16 |
| Consumer Staples | 6.39% | ₹309.39 |
| Others | 33.18% | ₹1,606.12 |
Top Company Holdings in ICICI Prudential Dividend Yield Equity Fund
| Company | Percentage Holding (%) | Value (₹ Cr) |
|---|---|---|
| ICICI Bank Ltd. | 7.44% | ₹360.14 |
| NTPC Ltd. | 7.29% | ₹352.88 |
| Sun Pharmaceutical Industries Ltd. | 6.70% | ₹324.32 |
| HDFC Bank Ltd. | 6.46% | ₹312.70 |
| Others | 72.11% | ₹3,490.57 |
About ICICI Prudential Dividend Yield Equity Fund Direct-Growth
ICICI Prudential Dividend Yield Equity Fund Direct-Growth is an open-ended equity mutual fund from ICICI Prudential Mutual Fund. The scheme focuses on dividend-yielding stocks, aiming for consistent long-term returns. It is benchmarked against the NIFTY 500 Total Return Index and is managed by Mittul Kalawadia. The fund has performed significantly well with high returns in the last year, making it an attractive option for dividend-seeking investors. The minimum SIP amount for this scheme is ₹100.
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
