NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹49.06
0.25%
NAV as on 19 Nov 24, 12:00 AM
very high risk
dividend yield
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
dividend yield
equity
34.67%p.a.
Last 1Y
22.74%p.a.
Last 3Y
25.55%p.a.
Last 5Y
16.85%p.a.
Since Inception
About ICICI Prudential Dividend Yield Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Dividend Yield Equity Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Dividend Yield mutual fund scheme that predominantly invests in Dividend Yield stocks of companies. Launched on May 2014, ICICI Prudential Dividend Yield Equity Fund Growth is Dividend Yield fund of its category with 4,875.15 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dividend Yield funds.
- ICICI Prudential Dividend Yield Equity Fund Growth delivered 34.7% annual returns during the last year. It has delivered 16.9% average annual returns since the fund was launched.
- ICICI Prudential Dividend Yield Equity Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
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. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Top 10 Holdings
HDFC Bank Ltd
8.12%
ICICI Bank Ltd
7.70%
NTPC Ltd
6.87%
Sun Pharmaceuticals Industries Ltd
6.73%
Maruti Suzuki India Ltd
6.51%
Oil & Natural Gas Corp Ltd
4.42%
Axis Bank Ltd
3.86%
Bharti Airtel Ltd
3.51%
Larsen & Toubro Ltd
3.18%
Britannia Industries Ltd
2.43%
Fund Managers
- Mittul Kalawadia (Jan 2018 - Present)
- Sharmila D’mello (Jul 2022 - Present)
Key Information
View Scheme Document
ICICI Prudential Dividend Yield Equity Fund Growth SIP Calculator
If invested
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For a period of
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on ICICI Prudential Dividend Yield Equity Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in ICICI Prudential Dividend Yield Equity Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Dividend Yield Equity Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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