ICICI Prudential Dividend Yield Fund vs ICICI Prudential Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Dividend Yield Fund is a Dividend Yield fund and ICICI Prudential Value Fund is a Value and Contra fund. In the 3 years to 30-10-2026, ICICI Prudential Dividend Yield Fund (Direct) returned 13.4% a year and ICICI Prudential Value Fund (Direct) returned 11.4% a year. ICICI Prudential Dividend Yield Fund charges 0.76% a year and ICICI Prudential Value Fund 1.08% (Direct plans). Their portfolios overlap 54.2%: they hold 32 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 Value Fund
Value and Contra
- 3 year return
- 11.4%
- Expense ratio
- 1.08%
- NAV
- ₹484.98
Which is better, ICICI Prudential Dividend Yield or ICICI Prudential Value? 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 13.0%.
- ICICI Prudential Dividend Yield returned more over 3 years: 13.4% a year against 11.4%.
- ICICI Prudential Dividend Yield costs less: 0.76% a year against 1.08% (Direct plans).
- ICICI Prudential Value swung less over 3 years: a standard deviation of 11.2% a year against 12.8%.
- ICICI Prudential Value fell less in its worst fall since 19-05-2014: −36.7% against −44.8%.
- ICICI Prudential Value is the larger fund: ₹57,250 Cr against ₹6,328 Cr.
- Their portfolios overlap 54.2%: 32 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 Value Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Dividend Yield | Value and Contra |
| AUM | ₹6,328 Cr (30-09-2026) | ₹57,250 Cr (30-09-2026) |
| NAV | ₹55.47 (Direct) | ₹484.98 (Direct) |
| Expense ratio (Direct) | 0.76% | 1.08% |
| Expense ratio (Regular) | 1.92% | 1.55% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 500 TRI |
| Launch date | Not available | 16-08-2004 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Sankaran Naren, Dharmesh Kakkad, Masoomi Jhurmarvala |
| Exit load | Not available | 1% of the applicable Net Asset Value - if the amount sought to be redeemed or switch out is invested for a period of up to 12 months from the date of allotment. NIL - if the amount sought to be redeemed or switch out is invested for a period more than 12 months from the date of allotment |
ICICI Prudential Dividend Yield vs ICICI Prudential Value: 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 Value Fund (Direct) | +0.67% | −5.68% | −4.73% | −9.65% | +11.45% | +12.96% | +14.04% |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | +12.06% | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 12 Dividend Yield funds and the 30 Value and Contra funds, same plan type.
ICICI Prudential Dividend Yield vs ICICI Prudential Value: Year-wise Returns
| Year | Dividend YieldICICI Prudential Dividend Yield | ValueICICI Prudential Value | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −9.83% | −11.70% | −7.51% |
| 2025 | +13.23% | +14.36% | +7.76% |
| 2024 | +22.67% | +20.65% | +16.24% |
| 2023 | +40.83% | +32.08% | +26.91% |
| 2022 | +10.82% | +15.59% | +4.25% |
| 2021 | +48.66% | +39.27% | +31.60% |
ICICI Prudential Dividend Yield vs ICICI Prudential Value: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,328 of them, one for each trading day from 19-05-2017 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 Value Fund (Direct)
Nifty 500 TRI
to
Feb 2018Sept 2016
to
Sept 2019May 2018
to
May 2021Dec 2019
to
Dec 2022Jul 2021
to
Jul 2024Jan 2023
to
Jan 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 | 8.5 | 5.2 | 7.0 | 21.4 | 14.6 | 17.5 | 25.6 | 17.5% | 17.7% | −11.1% | 42.8% | 65% |
| ICICI Prudential Value | 2.4 | 8.7 | 15.1 | 18.2 | 11.9 | 22.1 | 21.6 | 16.8% | 16.9% | −8.7% | 41.7% | 63% |
| Nifty 500 TRI | 2.2 | 4.9 | 8.2 | 37.5 | 32.5 | 11.4 | 3.3 | 14.6% | 14.5% | −6.3% | 33.5% | -- |
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 19-05-2014. Past returns do not promise future returns.
ICICI Prudential Dividend Yield vs ICICI Prudential Value: 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 19-05-2014 to 30-10-2026: 150 instalments, ₹15,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Dividend YieldICICI Prudential Dividend Yield Fund (Direct) | ₹15,00,000 | ₹41,36,046 | ₹26,36,046 | 15.2% |
| ICICI Prudential ValueICICI Prudential Value Fund (Direct) | ₹15,00,000 | ₹39,76,677 | ₹24,76,677 | 14.6% |
ICICI Prudential Dividend YieldICICI Prudential Dividend Yield Fund (Direct)
ICICI Prudential ValueICICI Prudential Value 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 Value: 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 Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.73% | −9.65% |
| Standard deviation | 12.68% | 11.68% |
| Sharpe ratio | -1.18 | -1.27 |
| Sortino ratio | -1.56 | -1.69 |
| Maximum drawdown | −12.1% (30-03-2026) | −14.0% (08-10-2026) |
| Beta | 0.86 | 0.77 |
| Alpha | −4.11% | −5.19% |
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 Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.40% | +11.45% |
| Standard deviation | 12.77% | 11.22% |
| Sharpe ratio | 0.58 | 0.48 |
| Sortino ratio | 0.79 | 0.68 |
| Maximum drawdown | −15.9% (28-02-2025) | −14.0% (08-10-2026) |
| Beta | 0.87 | 0.75 |
| Alpha | +3.73% | +2.27% |
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 Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.70% | +12.96% |
| Standard deviation | 12.69% | 11.48% |
| Sharpe ratio | 0.70 | 0.62 |
| Sortino ratio | 0.96 | 0.87 |
| Maximum drawdown | −15.9% (28-02-2025) | −14.0% (08-10-2026) |
| Beta | 0.85 | 0.76 |
| Alpha | +6.34% | +4.89% |
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 Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.77% | +16.53% |
| Standard deviation | 14.59% | 14.01% |
| Sharpe ratio | 0.62 | 0.75 |
| Sortino ratio | 0.83 | 1.04 |
| Maximum drawdown | −44.8% (23-03-2020) | −36.7% (23-03-2020) |
| Beta | 0.84 | 0.82 |
| Alpha | +3.28% | +4.94% |
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 Value 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) | −44.8% | 24-01-2018 | 23-03-2020 | 04-01-2021 | 9 months | −11.0% |
| ICICI Prudential Value Fund (Direct) | −36.7% | 07-09-2018 | 23-03-2020 | 05-11-2020 | 7 months | −12.1% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 19-05-2014, 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 Value 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 Value 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 Value Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Dividend Yield Fund (Direct) | 99% | 86% | 6.15% |
| ICICI Prudential Value Fund (Direct) | 90% | 68% | 5.99% |
From month-end values since 19-05-2014. 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 Value: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Dividend Yield Fund, September 2026; ICICI Prudential Value Fund, September 2026
Holdings in common
- Overlap
- 54.2%
- Held by both
- 32
- Only in ICICI Prudential Dividend Yield
- 44
- Only in ICICI Prudential Value
- 32
| Security | % of ICICI Prudential Dividend Yield | % of ICICI Prudential Value |
|---|---|---|
| HDFC Bank Ltd. | 7.35% | 9.45% |
| ICICI Bank Ltd. | 6.46% | 8.97% |
| Sun Pharmaceutical Industries Ltd. | 5.24% | 4.37% |
| Reliance Industries Ltd. | 4.29% | 5.13% |
| Maruti Suzuki India Ltd. | 3.04% | 3.16% |
| Axis Bank Ltd. | 4.32% | 2.93% |
| Bharti Airtel Ltd. | 2.55% | 2.50% |
| Life Insurance Corporation of India | 2.31% | 5.83% |
| NTPC Ltd. | 3.50% | 2.09% |
| Tata Consultancy Services Ltd. | 2.02% | 2.58% |
| Larsen & Toubro Ltd. | 2.96% | 1.59% |
| Kotak Mahindra Bank Ltd. | 1.56% | 1.72% |
| Ultratech Cement Ltd. | 2.73% | 1.43% |
| SBI Life Insurance Company Ltd. | 1.37% | 2.31% |
| Hindustan Unilever Ltd. | 1.33% | 2.68% |
| State Bank Of India | 1.31% | 2.02% |
| Oil & Natural Gas Corporation Ltd. | 1.30% | 1.58% |
| Infosys Ltd. | 1.10% | 4.15% |
| TML Commercial Vehicles Ltd. | 1.03% | 1.43% |
| Tata Steel Ltd. | 0.99% | 1.30% |
| ITC Ltd. | 0.70% | 4.51% |
| HDFC Life Insurance Company Ltd. | 0.55% | 1.98% |
| Dr. Reddy's Laboratories Ltd. | 0.55% | 2.06% |
| Mphasis Ltd. | 0.40% | 0.53% |
| 91 Days Treasury Bills | 0.35% | 0.52% |
| Dabur India Ltd. | 0.33% | 0.30% |
| IndusInd Bank Ltd. | 0.82% | 0.27% |
| Tata Chemicals Ltd. | 0.60% | 0.26% |
| Bharat Petroleum Corporation Ltd. | 0.69% | 0.17% |
| Gateway Distriparks Ltd. | 0.14% | 0.16% |
| TVS Holdings Ltd. | 0.45% | 0.11% |
| 91 Days Treasury Bills | 0.06% | 0.26% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 54.2% means 54.2% 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 |
|---|---|
| Interglobe Aviation Ltd. | 3.19% |
| Cummins India Ltd. | 2.27% |
| Avenue Supermarts Ltd. | 2.25% |
| Bajaj Holdings & Investment Ltd. | 2.13% |
| Thyrocare Technologies Ltd. | 1.79% |
Largest holdings only in ICICI Prudential Value Fund
| Security | % of fund |
|---|---|
| Bajaj Finserv Ltd. | 1.80% |
| Apollo Tyres Ltd. | 1.48% |
| Cipla Ltd. | 1.35% |
| Hyundai Motor India Ltd. | 1.28% |
| Asian Paints Ltd. | 1.27% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Dividend Yield | ICICI Prudential Value |
|---|---|---|
| Equity | 96.7% | 96.7% |
| Debt | 1.1% | 1.0% |
| Cash and others | 2.2% | 2.4% |
Market cap of stocks
| Market cap | ICICI Prudential Dividend Yield | ICICI Prudential Value |
|---|---|---|
| Large Cap | 75.5% | 82.9% |
| Mid Cap | 10.8% | 6.0% |
| Small Cap | 10.5% | 7.6% |
| Not on AMFI's list | 0.0% | 0.2% |
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 Value |
|---|---|---|
| Banks | 21.8% | 25.9% |
| Insurance | 5.2% | 12.0% |
| Pharmaceuticals & Biotechnology | 5.8% | 8.6% |
| It - Software | 3.7% | 7.3% |
| Diversified Fmcg | 2.0% | 7.2% |
| Finance | 7.0% | 3.1% |
| Automobiles | 4.4% | 6.3% |
| Petroleum Products | 5.9% | 5.3% |
| Power | 4.5% | 2.1% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Dividend Yield vs ICICI Prudential Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Dividend Yield Fund | ICICI Prudential Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.76% | 1.08% |
| Base expense ratio (Direct) | 0.57% | 0.80% |
| Total expense ratio (Regular) | 1.92% | 1.55% |
| Base expense ratio (Regular) | 1.56% | 1.20% |
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
ICICI Prudential Dividend Yield Fund vs ICICI Prudential Value Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Dividend Yield Fund and ICICI Prudential Value Fund?
ICICI Prudential Dividend Yield Fund is a Dividend Yield fund, ICICI Prudential Value Fund is a Value and Contra fund, run by ICICI Prudential Mutual Fund. Their portfolios overlap 54.2%. ICICI Prudential Dividend Yield Fund charges 0.76% a year and ICICI Prudential Value Fund 1.08%.
Which has given higher returns, ICICI Prudential Dividend Yield Fund or ICICI Prudential Value Fund?
Over 1 year: ICICI Prudential Dividend Yield Fund −9.73%, ICICI Prudential Value Fund −9.65%. Over 3 years: ICICI Prudential Dividend Yield Fund +13.40% a year, ICICI Prudential Value Fund +11.45% a year. Over 5 years: ICICI Prudential Dividend Yield Fund +14.70% a year, ICICI Prudential Value Fund +12.96% 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 Value Fund?
ICICI Prudential Dividend Yield Fund charges less: 0.76% a year against 1.08%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Dividend Yield Fund and ICICI Prudential Value Fund overlap?
54.2%. They hold 32 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SUNPHARMA. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Dividend Yield Fund or ICICI Prudential Value 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 ₹7,82,940 in ICICI Prudential Value Fund (XIRR 9.8% 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 Value Fund?
Yes. 54.2% 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.