Meta Title

ICICI Prudential Dividend Yield Equity Fund - NAV, Returns, Performance & Investment Guide

Meta Description

Get complete details about ICICI Prudential Dividend Yield Equity Fund including latest NAV, returns, investment objective, fund managers, and how to invest. Check AUM, performance, and investment options.

Investment Objective and Approach

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. This fund invests in stocks with a track record of consistent dividends, providing a potential income stream along with capital appreciation.

ICICI Pru Dividend Yield Equity Fund focuses on dividend-yielding stocks. The fund follows a strategy of building a diversified portfolio by investing in companies that have a history of paying regular dividends, making it suitable for investors seeking both income generation and long-term capital appreciation.

The fund's approach centers on identifying undervalued dividend-paying companies across market capitalizations, focusing on sustainable dividend yields and strong fundamentals. This strategy aims to provide investors with dual benefits of regular income through dividends and capital appreciation over the medium to long term.

Fund Managers

Mrinal Singh, Mittul Kalawadia is the Current Fund Manager of ICICI Prudential Dividend Yield Equity Fund Direct Growth fund. Mrinal Singh is currently the Deputy Chief Investment Officer in charge of Equity at ICICI Prudential Asset Management Company Limited.

The fund management team brings extensive experience in equity research and portfolio management, with a deep understanding of dividend-paying companies and value investing strategies. Their expertise helps in identifying companies with sustainable dividend policies and strong growth prospects.

About the Fund House (AMC)

It is a joint venture between ICICI Bank in India and Prudential Plc, in UK. It was started in 1993. ICICI Prudential Mutual Fund AMC was incorporated on 22, Jun 1993, and has an AUM size of Rs. 9,83,726 Cr as on 30, Jun 2025.

The AMC has witnessed substantial growth in scale; from 2 locations and 6 employees at the inception of the joint venture in 1998, to a current strength of 3072 employees with a reach across over 350 locations reaching out to an investor base of 97 lakh investors (as on January 31st, 2024).

The AMC also caters to Portfolio Management Services for investors, spread across the country, along with International Advisory Mandates for clients across international markets in asset classes like Debt, Equity and Real Estate. Driven by an entirely investor centric approach, the organization today is a suitable mix of investment expertise, resource bandwidth and process orientation.

ICICI Prudential stands as one of India's leading asset management companies, combining ICICI Bank's local market expertise with Prudential Plc's global investment management experience.

Should I Invest in ICICI Prudential Dividend Yield Equity Fund?

This fund is suitable for investors who:

- Seek Income Generation: The fund focuses on dividend-yielding companies, making it appropriate for investors looking for regular income through dividends along with capital appreciation.

- Have Medium to Long-term Investment Horizon: Launched in October 1993, this Equity mutual fund scheme is designed for income-seeking investors. The fund's strategy works best over medium to long-term periods.

- Want Diversified Equity Exposure: The fund offers diversification across dividend-paying companies from various sectors and market capitalizations.

Key Investment Metrics (as of August 2025):

- The fund currently has an Asset Under Management(AUM) of ₹9,87,232 Cr and the Latest NAV as of 08 Aug 2025 is ₹57.22.

- The minimum investment required to start investing in ICICI Prudential Dividend Yield Equity Fund is ₹5,000 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.

- Over the past five years, ICICI Prudential Dividend Yield Equity Fund has delivered an annualised return of 29.19% as of 22-Jul-2025.

Risk Considerations:

The ICICI Prudential Dividend Yield Equity Fund Direct Growth is rated Very High risk. Investors should be comfortable with equity market volatility and potential fluctuations in dividend payments from underlying companies.

The fund is ideal for investors who understand equity risks but want exposure to dividend-paying companies that may provide some stability through regular income distribution.

FAQs

What is today's NAV of ICICI Prudential Dividend Yield Equity Fund?

The latest declared NAV of ICICI Prudential Dividend Yield Equity Fund - Direct Plan, is ₹58.6300 as of 19-Aug-2025. NAV is updated daily after market close.

What is the AUM of ICICI Prudential Dividend Yield Equity Fund?

The fund currently has an Asset Under Management(AUM) of ₹9,87,232 Cr and the Latest NAV as of 08 Aug 2025 is ₹57.22.

What is the expense ratio of ICICI Prudential Dividend Yield Equity Fund?

With an AUM of Rs. 2,216.62 crore and an expense ratio of 0.7%, it has achieved a CAGR of 34.98% over the past three years.

What are the returns of ICICI Prudential Dividend Yield Equity Fund since inception?

ICICI Prudential Dividend Yield Equity Fund Direct-Growth scheme return performance in last 1 year is 1.87%, in last 3 years is 92.73% and 473.35% since scheme launch.

What is the minimum SIP amount to invest in ICICI Prudential Dividend Yield Equity Fund?

Minimum SIP Investment is set to ₹100.

How do I invest in ICICI Prudential Dividend Yield Equity Fund?

You can invest through Allvest platform online, directly through ICICI Prudential website, or via registered distributors. Complete KYC is required before investing.

How to start a SIP in ICICI Prudential Dividend Yield Equity Fund?

Register on Allvest, complete KYC verification, select the fund, choose SIP option with minimum ₹100 monthly investment, and set up auto-debit mandate for seamless monthly investments.

How do I automate an SIP in ICICI Prudential Dividend Yield Equity Fund?

Set up an auto-debit mandate through Allvest platform by linking your bank account. This enables automatic monthly deductions for uninterrupted SIP investments.

How can I withdraw/redeem my investment in ICICI Prudential Dividend Yield Equity Fund?

You can redeem through Allvest platform anytime as it's an open-ended fund. Exit load of 1% if redeemed within 1 year. Redemption proceeds are typically credited within 2-3 working days.