ICICI Prudential Dividend Yield Equity Fund vs LIC MF Dividend Yield Fund
ICICI Prudential Dividend Yield Equity Fund (Direct) and LIC MF Dividend Yield Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Dividend Yield Fund schemes — see the best dividend yield mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 31 Jul 2023 – 20 Aug 2026, limited by LIC MF Dividend Yield Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | ICICI Prudential Dividend Yield Equity Fund | LIC MF Dividend Yield Fund | Nifty 500 |
|---|---|---|---|
| 31 Jul 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 01 Nov 2023 | ₹102.61 | ₹98.99 | ₹98.09 |
| 02 Feb 2024 | ₹127.96 | ₹127.45 | ₹116.72 |
| 05 May 2024 | ₹138.27 | ₹136.89 | ₹122.87 |
| 06 Aug 2024 | ₹150.92 | ₹154.17 | ₹131.56 |
| 07 Nov 2024 | ₹153.09 | ₹158.93 | ₹133.69 |
| 08 Feb 2025 | ₹147.39 | ₹147.47 | ₹126.89 |
| 12 May 2025 | ₹154.56 | ₹152.29 | ₹131.96 |
| 13 Aug 2025 | ₹157.44 | ₹156.78 | ₹133.06 |
| 14 Nov 2025 | ₹166.91 | ₹164.57 | ₹139.73 |
| 15 Feb 2026 | ₹166.18 | ₹160.64 | ₹136.66 |
| 19 May 2026 | ₹159.31 | ₹161.45 | ₹132.02 |
| 20 Aug 2026 | ₹162.89 | ₹175.63 | ₹137.83 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
ICICI Prudential Dividend Yield Equity Fund and LIC MF Dividend Yield Fund share 30% of their equity book by weight.
Shared holdings — ICICI Prudential Dividend Yield Equity Fund vs LIC MF Dividend Yield Fund
| Stock | ICICI Prudential Dividend Yield Equity Fund | LIC MF Dividend Yield Fund | |
|---|---|---|---|
| HDFC Bank Ltd | 9.13% | 5.76% | 5.76% |
| ICICI Bank Ltd | 6.75% | 4.05% | 4.05% |
| Axis Bank Ltd | 4.77% | 3.04% | 3.04% |
| NTPC Ltd | 3.89% | 2.45% | 2.45% |
| Interglobe Aviation Ltd | 3.12% | 2.42% | 2.42% |
| Tata Consultancy Services Ltd | 2.12% | 2.64% | 2.12% |
| Hindustan Unilever Ltd | 1.51% | 1.58% | 1.51% |
| Maruti Suzuki India Ltd | 3.61% | 1.32% | 1.32% |
| Bharti Airtel Ltd | 2.95% | 1.21% | 1.21% |
| Tata Communications Ltd | 1.09% | 1.92% | 1.09% |
| Sun Pharmaceutical Industries Ltd | 5.61% | 1.04% | 1.04% |
| Mahindra & Mahindra Ltd | 1.01% | 1.27% | 1.01% |
| Kotak Mahindra Bank Ltd | 0.67% | 2.42% | 0.67% |
| Tata Motors Ltd | 0.67% | 1.35% | 0.67% |
| Oil India Ltd | 0.55% | 1.39% | 0.55% |
2 more stocks in common. 17 shared of 67 / 57 positions. Weights are shown as a share of each fund's equity book.
| Metric | ICICI Prudential · Direct NAV ₹60.01 Very High risk ★★★★★ | LIC · Direct NAV ₹36.48 Very High risk ★★★★☆ | Category median Dividend Yield Fund · 11 funds |
|---|---|---|---|
| +1.61% | +10.05%Best in row | +3.78% | |
| +18.08% | +21.43%Best in row | +15.12% | |
| +18.88% | — | +15.55% | |
| +15.93% | — | +14.55% | |
| +14.99% | +20.24%Best in row | +14.65% | |
| +15.85%Best in row | +13.84% | — | |
| +17.55% | +21.43%Best in row | +16.82% | |
| +16.55% | — | +16.19% | |
| +16.95% | — | +15.62% | |
| Risk | |||
| 12.84%Best in row | 16.00% | 13.31% | |
| 0.90 | 0.93 | 0.59 | |
| 1.24 | 1.28 | 0.80 | |
| -44.82% | -20.44%Best in row | -20.44% | |
| +5.89% | +7.61%Best in row | +3.11% | |
| 0.88 | 1.14 | 0.92 | |
| 107.7% | 133.9%Best in row | 104.2% | |
| 77.1%Best in row | 104.0% | 88.0% | |
| 0.75%Best in row | 0.95% | 1.10% | |
| ₹6,470Cr | ₹675.68Cr | ₹1,457Cr | |
| ₹100 | ₹200 | — | |
| 93% | 14% | 8% | |
| Sharmila D'silva | Karan Doshi | — | |
| 12 Jun 2014 | 31 Jul 2023 | — | |
| 67 | 57 | — | |
| 44.9% | 32.1% | — | |
| 2.4% | 5.4% | — | |
4 rows carry the same value for every fund — show
- Benchmark
- Nifty 500
- Exit load
- Up to 1.00%
- Lock-in
- None
- Min lumpsum
- ₹5.00K
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — ICICI Prudential Dividend Yield Equity Fund or LIC MF Dividend Yield Fund?
Over the last 3 years, LIC MF Dividend Yield Fund returned +21.43% CAGR against ICICI Prudential Dividend Yield Equity Fund's +18.08%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — ICICI Prudential Dividend Yield Equity Fund or LIC MF Dividend Yield Fund?
ICICI Prudential Dividend Yield Equity Fund has the lower expense ratio: ICICI Prudential Dividend Yield Equity Fund charges 0.75% a year against LIC MF Dividend Yield Fund's 0.95%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — ICICI Prudential Dividend Yield Equity Fund or LIC MF Dividend Yield Fund?
LIC MF Dividend Yield Fund has shown higher volatility (+16.00% annualized vs ICICI Prudential Dividend Yield Equity Fund's +12.84%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: ICICI Prudential Dividend Yield Equity Fund -15.88% vs LIC MF Dividend Yield Fund -20.44%.
Which fund manages more money — ICICI Prudential Dividend Yield Equity Fund or LIC MF Dividend Yield Fund?
ICICI Prudential Dividend Yield Equity Fund is the larger fund: ICICI Prudential Dividend Yield Equity Fund manages ₹6,470Cr against LIC MF Dividend Yield Fund's ₹675.68Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are ICICI Prudential Dividend Yield Equity Fund and LIC MF Dividend Yield Fund in the same category?
Yes — both are Dividend Yield Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.