ICICI Prudential Dividend Yield Fund vs ICICI Prudential ESG Exclusionary Strategy Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Dividend Yield Fund is a Dividend Yield fund and ICICI Prudential ESG Exclusionary Strategy Fund is a Thematic fund. In the 3 years to 30-10-2026, ICICI Prudential Dividend Yield Fund (Direct) returned 13.4% a year and ICICI Prudential ESG Exclusionary Strategy Fund (Direct) returned 10.0% a year. ICICI Prudential Dividend Yield Fund charges 0.76% a year and ICICI Prudential ESG Exclusionary Strategy Fund 1.34% (Direct plans). Their portfolios overlap 48.5%: they hold 22 of the same securities.
ICICI Prudential Dividend Yield Fund
Dividend Yield
- 3 year return
- 13.4%
- Expense ratio
- 0.76%
- NAV
- ₹55.47
ICICI Prudential ESG Exclusionary Strategy Fund
Thematic
- 3 year return
- 10.0%
- Expense ratio
- 1.34%
- NAV
- ₹21.46
Which is better, ICICI Prudential Dividend Yield or ICICI Prudential ESG Exclusionary Strategy? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Dividend Yield returned more over 5 years: 14.7% a year against 8.9%.
- ICICI Prudential Dividend Yield returned more over 3 years: 13.4% a year against 10.0%.
- ICICI Prudential Dividend Yield costs less: 0.76% a year against 1.34% (Direct plans).
- ICICI Prudential ESG Exclusionary Strategy swung less over 3 years: a standard deviation of 12.7% a year against 12.8%.
- ICICI Prudential Dividend Yield fell less in its worst fall since 12-10-2020: −15.9% against −19.2%.
- ICICI Prudential Dividend Yield holds more in large companies: 75.5% of the fund in large caps against 65.2%.
- ICICI Prudential Dividend Yield is the larger fund: ₹6,328 Cr against ₹1,275 Cr.
- Their portfolios overlap 48.5%: 22 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | ICICI Prudential Dividend Yield Fund | ICICI Prudential ESG Exclusionary Strategy Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Dividend Yield | Thematic |
| AUM | ₹6,328 Cr (30-09-2026) | ₹1,275 Cr (30-09-2026) |
| NAV | ₹55.47 (Direct) | ₹21.46 (Direct) |
| Expense ratio (Direct) | 0.76% | 1.34% |
| Expense ratio (Regular) | 1.92% | 2.36% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Nifty 100 ESG TRI |
| Launch date | Not available | 09-10-2020 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Mittul Kalawadia, Ayush Shah |
| Exit load | Not available | 1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out within 1 month from the date of allotment. Nil - If the amount sought to be redeemed or switched out more than 1 month. |
ICICI Prudential Dividend Yield vs ICICI Prudential ESG Exclusionary Strategy: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Dividend Yield Fund (Direct) | −1.58% | −8.44% | −6.17% | −9.73% | +13.40% | +14.70% | +14.56% |
| ICICI Prudential ESG Exclusionary Strategy Fund (Direct) | −2.85% | −7.78% | −4.75% | −13.22% | +10.01% | +8.90% | -- |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | +12.06% | -- |
| Thematic average | −2.09% | −4.52% | +0.86% | −1.22% | +13.76% | +11.62% | -- |
Category average: the average of the 12 Dividend Yield funds and the 235 Thematic funds, same plan type.
ICICI Prudential Dividend Yield vs ICICI Prudential ESG Exclusionary Strategy: Year-wise Returns
| Year | Dividend YieldICICI Prudential Dividend Yield | ESG Exclusionary StrategyICICI Prudential ESG Exclusionary Strategy |
|---|---|---|
| 2026to date | −9.83% | −11.87% |
| 2025 | +13.23% | +7.46% |
| 2024 | +22.67% | +23.15% |
| 2023 | +40.83% | +33.53% |
| 2022 | +10.82% | −2.27% |
| 2021 | +48.66% | +24.45% |
ICICI Prudential Dividend Yield vs ICICI Prudential ESG Exclusionary Strategy: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of ICICI Prudential Dividend Yield Fund
Rolling returns
Every 3-year holding period, 750 of them, one for each trading day from 12-10-2023 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ICICI Prudential Dividend Yield Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
Nifty 500 TRI
to
Jan 2024Jul 2021
to
Jul 2024Jan 2022
to
Jan 2025Jul 2022
to
Jul 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Dividend Yield | 0.0 | 0.0 | 0.0 | 4.3 | 7.5 | 31.9 | 56.4 | 26.1% | 25.7% | 12.7% | 36.6% | 100% |
| ICICI Prudential ESG Exclusionary Strategy | 0.0 | 0.0 | 1.1 | 11.9 | 63.1 | 22.0 | 2.0 | 18.1% | 18.1% | 9.1% | 26.1% | 71% |
| Nifty 500 TRI | 0.0 | 0.0 | 2.5 | 25.2 | 57.3 | 14.9 | 0.0 | 16.7% | 16.6% | 8.8% | 23.3% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 12-10-2020. Past returns do not promise future returns.
ICICI Prudential Dividend Yield vs ICICI Prudential ESG Exclusionary Strategy: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-10-2020 to 30-10-2026: 73 instalments, ₹7,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Dividend YieldICICI Prudential Dividend Yield Fund (Direct) | ₹7,30,000 | ₹11,47,054 | ₹4,17,054 | 14.7% |
| ICICI Prudential ESG Exclusionary StrategyICICI Prudential ESG Exclusionary Strategy Fund (Direct) | ₹7,30,000 | ₹9,58,902 | ₹2,28,902 | 8.9% |
ICICI Prudential Dividend YieldICICI Prudential Dividend Yield Fund (Direct)
ICICI Prudential ESG Exclusionary StrategyICICI Prudential ESG Exclusionary Strategy Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ICICI Prudential Dividend Yield vs ICICI Prudential ESG Exclusionary Strategy: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Dividend Yield Fund (Direct) | ICICI Prudential ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.73% | −13.22% |
| Standard deviation | 12.68% | 13.47% |
| Sharpe ratio | -1.18 | -1.37 |
| Sortino ratio | -1.56 | -1.79 |
| Maximum drawdown | −12.1% (30-03-2026) | −16.3% (30-03-2026) |
| Beta | 0.86 | 0.90 |
| Alpha | −4.11% | −8.57% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Dividend Yield Fund (Direct) | ICICI Prudential ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.40% | +10.01% |
| Standard deviation | 12.77% | 12.69% |
| Sharpe ratio | 0.58 | 0.31 |
| Sortino ratio | 0.79 | 0.43 |
| Maximum drawdown | −15.9% (28-02-2025) | −17.2% (04-03-2025) |
| Beta | 0.87 | 0.85 |
| Alpha | +3.73% | +0.13% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Dividend Yield Fund (Direct) | ICICI Prudential ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.70% | +8.90% |
| Standard deviation | 12.69% | 12.48% |
| Sharpe ratio | 0.70 | 0.25 |
| Sortino ratio | 0.96 | 0.34 |
| Maximum drawdown | −15.9% (28-02-2025) | −18.3% (17-06-2022) |
| Beta | 0.85 | 0.82 |
| Alpha | +6.34% | +2.03% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Dividend Yield Fund (Direct) | ICICI Prudential ESG Exclusionary Strategy Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.77% | +13.46% |
| Standard deviation | 14.59% | 12.30% |
| Sharpe ratio | 0.62 | 0.66 |
| Sortino ratio | 0.83 | 0.91 |
| Maximum drawdown | −44.8% (23-03-2020) | −19.2% (17-06-2022) |
| Beta | 0.84 | 0.80 |
| Alpha | +3.28% | +1.51% |
From daily NAVs, 19-05-2014 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
ICICI Prudential Dividend Yield Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Dividend Yield Fund (Direct) | −15.9% | 27-09-2024 | 28-02-2025 | 16-10-2025 | 8 months | −11.0% |
| ICICI Prudential ESG Exclusionary Strategy Fund (Direct) | −19.2% | 18-10-2021 | 17-06-2022 | 05-06-2023 | 12 months | −13.7% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 12-10-2020, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Dividend Yield Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Dividend Yield Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
Nifty 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Dividend Yield Fund (Direct)
ICICI Prudential ESG Exclusionary Strategy Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Dividend Yield Fund (Direct) | 109% | 71% | 4.96% |
| ICICI Prudential ESG Exclusionary Strategy Fund (Direct) | 85% | 85% | 6.22% |
From month-end values since 12-10-2020. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
ICICI Prudential Dividend Yield vs ICICI Prudential ESG Exclusionary Strategy: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Dividend Yield Fund, September 2026; ICICI Prudential ESG Exclusionary Strategy Fund, September 2026
Holdings in common
- Overlap
- 48.5%
- Held by both
- 22
- Only in ICICI Prudential Dividend Yield
- 54
- Only in ICICI Prudential ESG Exclusionary Strategy
- 29
| Security | % of ICICI Prudential Dividend Yield | % of ICICI Prudential ESG Exclusionary Strategy |
|---|---|---|
| HDFC Bank Ltd. | 7.35% | 9.74% |
| ICICI Bank Ltd. | 6.46% | 7.86% |
| Axis Bank Ltd. | 4.32% | 4.80% |
| Sun Pharmaceutical Industries Ltd. | 5.24% | 3.54% |
| Maruti Suzuki India Ltd. | 3.04% | 4.27% |
| Interglobe Aviation Ltd. | 3.19% | 2.88% |
| Bharti Airtel Ltd. | 2.55% | 2.98% |
| Life Insurance Corporation of India | 2.31% | 2.48% |
| Avenue Supermarts Ltd. | 2.25% | 3.31% |
| Bajaj Holdings & Investment Ltd. | 2.13% | 2.03% |
| Reliance Industries Ltd. | 4.29% | 1.79% |
| SBI Life Insurance Company Ltd. | 1.37% | 2.47% |
| Mahindra & Mahindra Ltd. | 1.35% | 3.01% |
| State Bank Of India | 1.31% | 2.13% |
| Infosys Ltd. | 1.10% | 1.23% |
| Tata Consultancy Services Ltd. | 2.02% | 1.09% |
| Britannia Industries Ltd. | 1.75% | 0.96% |
| PI Industries Ltd. | 1.22% | 0.93% |
| Tata Communications Ltd. | 0.91% | 1.21% |
| Info Edge (India) Ltd. | 0.88% | 0.60% |
| MAS Financial Services Ltd. | 0.43% | 0.27% |
| Power Grid Corporation Of India Ltd. | 0.65% | 0.08% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 48.5% means 48.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in ICICI Prudential Dividend Yield Fund
| Security | % of fund |
|---|---|
| NTPC Ltd. | 3.50% |
| Larsen & Toubro Ltd. | 2.96% |
| Ultratech Cement Ltd. | 2.73% |
| Cummins India Ltd. | 2.27% |
| Thyrocare Technologies Ltd. | 1.79% |
Largest holdings only in ICICI Prudential ESG Exclusionary Strategy Fund
| Security | % of fund |
|---|---|
| TVS Motor Company Ltd. | 4.80% |
| Eternal Ltd. | 2.74% |
| Inox Wind Ltd. | 2.20% |
| Chalet Hotels Ltd. | 2.20% |
| Harsha Engineers International Ltd. | 1.77% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Dividend Yield | ICICI Prudential ESG Exclusionary Strategy |
|---|---|---|
| Equity | 96.7% | 96.7% |
| Debt | 1.1% | 0.0% |
| Cash and others | 2.2% | 3.3% |
Market cap of stocks
| Market cap | ICICI Prudential Dividend Yield | ICICI Prudential ESG Exclusionary Strategy |
|---|---|---|
| Large Cap | 75.5% | 65.2% |
| Mid Cap | 10.8% | 6.6% |
| Small Cap | 10.5% | 23.7% |
| Not on AMFI's list | 0.0% | 1.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | ICICI Prudential Dividend Yield | ICICI Prudential ESG Exclusionary Strategy |
|---|---|---|
| Banks | 21.8% | 24.5% |
| Automobiles | 4.4% | 12.1% |
| Retailing | 3.8% | 8.2% |
| Finance | 7.0% | 2.3% |
| Insurance | 5.2% | 6.2% |
| Petroleum Products | 5.9% | 1.8% |
| Pharmaceuticals & Biotechnology | 5.8% | 5.6% |
| Industrial Products | 2.3% | 5.7% |
| Power | 4.5% | 0.1% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Dividend Yield vs ICICI Prudential ESG Exclusionary Strategy: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Dividend Yield Fund | ICICI Prudential ESG Exclusionary Strategy Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.76% | 1.34% |
| Base expense ratio (Direct) | 0.57% | 0.98% |
| Total expense ratio (Regular) | 1.92% | 2.36% |
| Base expense ratio (Regular) | 1.56% | 1.86% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare ICICI Prudential Dividend Yield with
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- ICICI Prudential ESG Exclusionary Strategy vs Aditya Birla Sun Life International Equity
ICICI Prudential Dividend Yield Fund vs ICICI Prudential ESG Exclusionary Strategy Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Dividend Yield Fund and ICICI Prudential ESG Exclusionary Strategy Fund?
ICICI Prudential Dividend Yield Fund is a Dividend Yield fund, ICICI Prudential ESG Exclusionary Strategy Fund is a Thematic fund, run by ICICI Prudential Mutual Fund. Their portfolios overlap 48.5%. ICICI Prudential Dividend Yield Fund charges 0.76% a year and ICICI Prudential ESG Exclusionary Strategy Fund 1.34%.
Which has given higher returns, ICICI Prudential Dividend Yield Fund or ICICI Prudential ESG Exclusionary Strategy Fund?
Over 1 year: ICICI Prudential Dividend Yield Fund −9.73%, ICICI Prudential ESG Exclusionary Strategy Fund −13.22%. Over 3 years: ICICI Prudential Dividend Yield Fund +13.40% a year, ICICI Prudential ESG Exclusionary Strategy Fund +10.01% a year. Over 5 years: ICICI Prudential Dividend Yield Fund +14.70% a year, ICICI Prudential ESG Exclusionary Strategy Fund +8.90% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Dividend Yield Fund or ICICI Prudential ESG Exclusionary Strategy Fund?
ICICI Prudential Dividend Yield Fund charges less: 0.76% a year against 1.34%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Dividend Yield Fund and ICICI Prudential ESG Exclusionary Strategy Fund overlap?
48.5%. They hold 22 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, AXISBANK. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Dividend Yield Fund or ICICI Prudential ESG Exclusionary Strategy Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹8,17,450 in ICICI Prudential Dividend Yield Fund (XIRR 11.5% a year) and ₹7,39,497 in ICICI Prudential ESG Exclusionary Strategy Fund (XIRR 7.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Dividend Yield Fund and ICICI Prudential ESG Exclusionary Strategy Fund?
Yes. 48.5% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.