Dividend Yield Equity Fund - Equity Mutual Funds - ICICI Prudential

ICICI Prudential Dividend Yield Equity Fund

An Open ended Equity scheme that aims to invest in profitable companies with attractive dividend yields # and can be a good investment option in every market condition.

#Attractive Dividend yield means Dividend Yield greater than Dividend Yield of CNX Nifty Index.

Investment Philosophy

The Scheme aims to provide medium to long term capital gains and/or dividend distribution by investing in a well-diversified portfolio of predominantly equity and equity related instruments, which offer attractive dividend yield. However, there can be no assurance that the investment objectives of the scheme will be realized.

Key Benefits

  • Invest at least 80% of assets in companies that have dividend yield greater than the dividend yield of CNX Nifty Index (last released /published by NSE), at the time of investment.
  • Identify high dividend stocks within the framework of valuations and fundamentals.
  • Invest in high-quality companies with proven records of paying and growing dividends.
  • Invest across market caps

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An open ended equity fund that aims for growth by primarily investing in equity and equity related instruments, which offer attractive dividend yield.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Key Features


An open ended equity scheme


Regular & Direct


Direct Plan - Growth and Dividend (Reinvestment & Option)
Regular Plan - Growth and Dividend (Reinvestment & Option)

Default Option

Growth, Dividend re-investment

Application Amount

Rs 5,000 (plus in multiple of Re.1)

Min. Additional Investment

Rs 1,000 (plus in multiple of Re.1)

Entry Load

Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load

For investments upto 1 Year - 1% of applicable NAV, more than 1 Year - Nil (w.e.f 18 May 2015)

Redemption Cheques Issued

Minimum Redemption Amt.

Rs. 500 (plus in multiple of Re. 1)

Systematic Investment Plan


Systematic Withdrawal Plan

Fund Manager

Mr. Mrinal Singh and Mr. Vinay Sharma
Ashwin Jain will be the fund manager for overseas investments