ICICI Prudential Dividend Yield Fund
ICICI Prudential Mutual Fund · Best Dividend Yield Mutual Funds
This is the Regular plan of ICICI Prudential Dividend Yield Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★★★5/5 vs 9 of 11 Dividend Yield Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Dividend Yield Fund (same plan and option). 9 of the 11 Dividend Yield Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +11.70% · ranks 2 of 9 Dividend Yield Funds
Volatility 12.9% vs 13.9% category avg
1.9% expense vs 2.5% category avg
89% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- 3-year return (+11.70%) beats the Dividend Yield Fund average (+10.02%)
- 5-year return (+13.52%) beats the Dividend Yield Fund average (+10.57%)
- Stronger risk-adjusted returns — Sharpe 0.40 vs 0.24 Dividend Yield Fund average
- Low expense ratio (1.92%) vs the Dividend Yield Fund average of 2.45%
Concerns
- Trails the Dividend Yield Fund average on 1M/3M/6M/1Y — 1Y by 4.70pp
- Ranks #9 of 10 on 1-year return in its Dividend Yield Fund cohort
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Dividend Yield Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -6.00% | -4.98% | -1.02% |
| 3M abs | -7.43% | -3.86% | -3.57% |
| 6M abs | -0.34% | +4.47% | -4.81% |
| 1Y CAGR | -6.75% | -2.05% | -4.70% |
| 3Y CAGR | +11.70% | +10.02% | +1.68% |
| 5Y CAGR | +13.52% | +10.57% | +2.95% |
Category average across peers in Dividend Yield Fund (up to 11 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 11 peers in Dividend Yield Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into ICICI Prudential Dividend Yield Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -10.06% | -7.18% | -2.88% | |
| 2025 | +11.85% | +7.94% | +3.91% | |
| 2024 | +21.03% | +16.43% | +4.60% | |
| 2023 | +38.81% | +27.43% | +11.38% | |
| 2022 | +9.20% | +4.34% | +4.86% | |
| 2021 | +47.11% | +31.59% | +15.52% | |
| 2020 | +14.13% | +18.33% | -4.20% | |
| 2019 | -2.93% | +8.95% | -11.88% | |
| 2018 | -11.92% | -2.33% | -9.59% | |
| 2017 | +40.74% | +37.35% | +3.39% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity94.08%
- Cash & Equivalents3.78%
- Real Estate / REITs1.51%
- Debt0.64%
AMC Profile
ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.
Fund Managers
MKMitul KalawadiaManaging since 29 Jan 2018
Senior Fund Manager – MF Equity
CA, M. Com
Mr. Mitul Kalawadia has over 19 years of experience
Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
ICICI Prudential in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
ICICI Prudential Multi Cap Fund Direct Plan Growth
ClearTax · 6h ago
ICICI Prudential MF crosses 5% stake in GSPL Transmission via demerger
scanx.trade · 10h ago
MF IDCW alert: ICICI Prudential, Invesco announce payouts across 5 schemes; check dates and amounts
Upstox · 13h ago
Senior Citizen Savings Scheme (SCSS) interest rate for October-December 2026
Upstox · 1d ago
ICICI Prudential Retirement Fund – Hybrid Aggressive Plan: Retirement Savings With An Equity Edge
BusinessLine · 2d ago
Mutual funds now offer nearly 2,000 schemes; passive funds account for one-third of the shelf
Cafemutual · 2d ago
NFO Insight : ICICI Prudential Contra Fund opens for subscription. Is contra investing suited for current
The Economic Times · 3d ago
ICICI Pru AMC’s S Naren on contrarian investing, AI risks and navigating a volatile market
livemint.com · 3d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Dividend Yield funds
Dividend yield funds favour companies that pay consistent, above-average dividends. They tend to tilt toward established, cash-generative businesses.
Frequently asked questions
What is the NAV of ICICI Prudential Dividend Yield Fund?
As of 01 Oct 2026, the NAV of ICICI Prudential Dividend Yield Fund is ₹49.33 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has ICICI Prudential Dividend Yield Fund delivered?
ICICI Prudential Dividend Yield Fund has returned -6.75% over 1 year, +11.70% per year over 3 years, +13.52% per year over 5 years and +13.04% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of ICICI Prudential Dividend Yield Fund?
ICICI Prudential Dividend Yield Fund charges an expense ratio of 1.92% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of ICICI Prudential Dividend Yield Fund?
ICICI Prudential Dividend Yield Fund's largest holdings are HDFC Bank Ltd. (6.9%), ICICI Bank Ltd. (6.7%), Sun Pharmaceutical Industries Ltd. (5.4%), Axis Bank Ltd. (4.3%) and Reliance Industries Ltd. (3.9%). Holdings are disclosed monthly and change over time.
How risky is ICICI Prudential Dividend Yield Fund?
ICICI Prudential Dividend Yield Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 12.9% and its worst peak-to-trough fall in our sample was -45.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.40 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Dividend Yield Fund's 0.40 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of ICICI Prudential Dividend Yield Fund?
ICICI Prudential Dividend Yield Fund is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.
Who manages ICICI Prudential Dividend Yield Fund?
ICICI Prudential Dividend Yield Fund is managed by Mitul Kalawadia at ICICI Prudential.
How is ICICI Prudential Dividend Yield Fund taxed?
ICICI Prudential Dividend Yield Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.