ICICI Prudential Dividend Yield Fund vs Tata Flexi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Dividend Yield Fund is a Dividend Yield fund and Tata Flexi Cap Fund is a Flexi Cap fund. In the 3 years to 30-10-2026, ICICI Prudential Dividend Yield Fund (Direct) returned 13.4% a year and Tata Flexi Cap Fund (Direct) returned 9.1% a year. ICICI Prudential Dividend Yield Fund charges 0.76% a year and Tata Flexi Cap Fund 0.89% (Direct plans). Their portfolios overlap 47.8%: they hold 29 of the same securities.
ICICI Prudential Dividend Yield Fund
Dividend Yield
- 3 year return
- 13.4%
- Expense ratio
- 0.76%
- NAV
- ₹55.47
Which is better, ICICI Prudential Dividend Yield or Tata Flexi Cap? 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 7.9%.
- ICICI Prudential Dividend Yield returned more over 3 years: 13.4% a year against 9.1%.
- ICICI Prudential Dividend Yield costs less: 0.76% a year against 0.89% (Direct plans).
- Tata Flexi Cap swung less over 3 years: a standard deviation of 12.7% a year against 12.8%.
- Tata Flexi Cap fell less in its worst fall since 10-09-2018: −33.5% against −40.7%.
- ICICI Prudential Dividend Yield holds more in large companies: 75.5% of the fund in large caps against 58.8%.
- ICICI Prudential Dividend Yield is the larger fund: ₹6,328 Cr against ₹3,454 Cr.
- Their portfolios overlap 47.8%: 29 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 | Tata Flexi Cap Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Tata Mutual Fund |
| Category | Dividend Yield | Flexi Cap |
| AUM | ₹6,328 Cr (30-09-2026) | ₹3,454 Cr (30-09-2026) |
| NAV | ₹55.47 (Direct) | ₹25.03 (Direct) |
| Expense ratio (Direct) | 0.76% | 0.89% |
| Expense ratio (Regular) | 1.92% | 2.13% |
| Riskometer | Not available | Very High |
| Benchmark | Not available | Nifty 500 TRI |
| Launch date | Not available | 06-09-2018 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Anand Sharma, Aditya Bagul |
| Exit load | Not available | Redemption/Switch-out/SWP/STP: 1. On or before 30 days from the date of allotment: 0.50%. 2. After 30 days from the date of allotment: NIL. |
ICICI Prudential Dividend Yield vs Tata Flexi Cap: 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% |
| Tata Flexi Cap Fund (Direct) | −1.02% | −6.54% | −4.90% | −10.21% | +9.08% | +7.88% | -- |
| Dividend Yield average | −1.57% | −5.69% | −3.24% | −5.57% | +12.14% | +12.06% | -- |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | -- |
Category average: the average of the 12 Dividend Yield funds and the 46 Flexi Cap funds, same plan type.
ICICI Prudential Dividend Yield vs Tata Flexi Cap: Year-wise Returns
| Year | ICICI Prudential Dividend YieldICICI Prudential Dividend Yield | Tata Flexi CapTata Flexi Cap | Nifty 500 TRI |
|---|---|---|---|
| 2026to date | −9.83% | −10.28% | −7.51% |
| 2025 | +13.23% | +12.01% | +7.76% |
| 2024 | +22.67% | +14.03% | +16.24% |
| 2023 | +40.83% | +29.48% | +26.91% |
| 2022 | +10.82% | −2.15% | +4.25% |
| 2021 | +48.66% | +28.33% | +31.60% |
ICICI Prudential Dividend Yield vs Tata Flexi Cap: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 1,264 of them, one for each trading day from 13-09-2021 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)
Tata Flexi Cap Fund (Direct)
Nifty 500 TRI
to
Feb 2022Dec 2019
to
Dec 2022Nov 2020
to
Nov 2023Sept 2021
to
Sept 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 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 | 3.2 | 17.4 | 32.2 | 47.2 | 25.6% | 24.7% | 12.7% | 42.8% | 93% |
| Tata Flexi Cap | 0.0 | 0.0 | 2.5 | 29.3 | 54.0 | 14.1 | 0.2 | 16.6% | 16.9% | 7.9% | 26.7% | 27% |
| Nifty 500 TRI | 0.0 | 0.0 | 1.5 | 18.4 | 53.0 | 21.0 | 6.1 | 18.1% | 18.0% | 8.8% | 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 10-09-2018. Past returns do not promise future returns.
ICICI Prudential Dividend Yield vs Tata Flexi Cap: 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 03-09-2018 to 30-10-2026: 98 instalments, ₹9,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Dividend YieldICICI Prudential Dividend Yield Fund (Direct) | ₹9,80,000 | ₹20,25,236 | ₹10,45,236 | 17.3% |
| Tata Flexi CapTata Flexi Cap Fund (Direct) | ₹9,80,000 | ₹15,47,399 | ₹5,67,399 | 10.9% |
ICICI Prudential Dividend YieldICICI Prudential Dividend Yield Fund (Direct)
Tata Flexi CapTata Flexi Cap 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 Tata Flexi Cap: 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) | Tata Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −9.73% | −10.21% |
| Standard deviation | 12.68% | 13.19% |
| Sharpe ratio | -1.18 | -1.17 |
| Sortino ratio | -1.56 | -1.54 |
| Maximum drawdown | −12.1% (30-03-2026) | −14.1% (31-03-2026) |
| Beta | 0.86 | 0.90 |
| Alpha | −4.11% | −4.10% |
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) | Tata Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +13.40% | +9.08% |
| Standard deviation | 12.77% | 12.68% |
| Sharpe ratio | 0.58 | 0.24 |
| Sortino ratio | 0.79 | 0.33 |
| Maximum drawdown | −15.9% (28-02-2025) | −14.6% (03-03-2025) |
| Beta | 0.87 | 0.86 |
| Alpha | +3.73% | −0.56% |
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) | Tata Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.70% | +7.88% |
| Standard deviation | 12.69% | 13.04% |
| Sharpe ratio | 0.70 | 0.16 |
| Sortino ratio | 0.96 | 0.21 |
| Maximum drawdown | −15.9% (28-02-2025) | −17.7% (20-06-2022) |
| Beta | 0.85 | 0.88 |
| Alpha | +6.34% | −0.58% |
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) | Tata Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +14.77% | +11.95% |
| Standard deviation | 14.59% | 15.24% |
| Sharpe ratio | 0.62 | 0.44 |
| Sortino ratio | 0.83 | 0.59 |
| Maximum drawdown | −44.8% (23-03-2020) | −33.5% (23-03-2020) |
| Beta | 0.84 | 0.87 |
| Alpha | +3.28% | +1.17% |
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)
Tata Flexi Cap 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) | −40.7% | 14-09-2018 | 23-03-2020 | 07-12-2020 | 9 months | −11.0% |
| Tata Flexi Cap Fund (Direct) | −33.5% | 13-02-2020 | 23-03-2020 | 08-10-2020 | 7 months | −11.0% |
| Nifty 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −8.8% |
From daily values since 10-09-2018, 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)
Tata Flexi Cap 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)
Tata Flexi Cap 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)
Tata Flexi Cap Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| ICICI Prudential Dividend Yield Fund (Direct) | 99% | 83% | 6.20% |
| Tata Flexi Cap Fund (Direct) | 85% | 77% | 4.97% |
From month-end values since 10-09-2018. 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 Tata Flexi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Dividend Yield Fund, September 2026; Tata Flexi Cap Fund, September 2026
Holdings in common
- Overlap
- 47.8%
- Held by both
- 29
- Only in ICICI Prudential Dividend Yield
- 47
- Only in Tata Flexi Cap
- 40
| Security | % of ICICI Prudential Dividend Yield | % of Tata Flexi Cap |
|---|---|---|
| HDFC Bank Ltd. | 7.35% | 6.28% |
| ICICI Bank Ltd. | 6.46% | 6.13% |
| Reliance Industries Ltd. | 4.29% | 4.23% |
| Axis Bank Ltd. | 4.32% | 3.87% |
| Larsen & Toubro Ltd. | 2.96% | 2.62% |
| Bharti Airtel Ltd. | 2.55% | 3.79% |
| NTPC Ltd. | 3.50% | 2.46% |
| Maruti Suzuki India Ltd. | 3.04% | 2.28% |
| Kotak Mahindra Bank Ltd. | 1.56% | 1.83% |
| Life Insurance Corporation of India | 2.31% | 1.51% |
| Tata Consultancy Services Ltd. | 2.02% | 1.41% |
| SBI Life Insurance Company Ltd. | 1.37% | 2.04% |
| State Bank Of India | 1.31% | 1.53% |
| Sun Pharmaceutical Industries Ltd. | 5.24% | 1.31% |
| Infosys Ltd. | 1.10% | 1.38% |
| PI Industries Ltd. | 1.22% | 1.05% |
| IndusInd Bank Ltd. | 0.82% | 1.66% |
| Tata Steel Ltd. | 0.99% | 0.80% |
| ITC Ltd. | 0.70% | 1.67% |
| Bharat Petroleum Corporation Ltd. | 0.69% | 0.98% |
| Ambuja Cements Ltd. | 0.62% | 1.49% |
| HDFC Life Insurance Company Ltd. | 0.55% | 1.62% |
| Brookfield India Real Estate Trust REIT | 0.49% | 1.17% |
| Cummins India Ltd. | 2.27% | 0.48% |
| Indus Towers Ltd. | 0.41% | 1.41% |
| Mphasis Ltd. | 0.40% | 1.28% |
| CESC Ltd. | 0.36% | 0.66% |
| Dabur India Ltd. | 0.33% | 1.28% |
| G R Infraprojects Ltd. | 0.12% | 0.58% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 47.8% means 47.8% 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% |
| Ultratech Cement Ltd. | 2.73% |
| Avenue Supermarts Ltd. | 2.25% |
| Bajaj Holdings & Investment Ltd. | 2.13% |
| Thyrocare Technologies Ltd. | 1.79% |
Largest holdings only in Tata Flexi Cap Fund
| Security | % of fund |
|---|---|
| PIDILITE INDUSTRIES LTD | 1.66% |
| ABBOTT INDIA LTD | 1.63% |
| GRAPHITE INDIA LTD | 1.53% |
| ORIENT ELECTRIC LTD | 1.50% |
| GODREJ CONSUMER PRODUCTS LTD | 1.45% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Dividend Yield | Tata Flexi Cap |
|---|---|---|
| Equity | 96.7% | 94.8% |
| Debt | 1.1% | 0.0% |
| Cash and others | 2.2% | 5.2% |
Market cap of stocks
| Market cap | ICICI Prudential Dividend Yield | Tata Flexi Cap |
|---|---|---|
| Large Cap | 75.5% | 58.8% |
| Mid Cap | 10.8% | 15.5% |
| Small Cap | 10.5% | 18.2% |
| Not on AMFI's list | 0.0% | 2.3% |
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 | Tata Flexi Cap |
|---|---|---|
| Banks | 21.8% | 21.3% |
| Finance | 7.0% | 3.7% |
| Insurance | 5.2% | 6.0% |
| Petroleum Products | 5.9% | 5.2% |
| Pharmaceuticals & Biotechnology | 5.8% | 4.2% |
| Consumer Durables | 0.5% | 5.2% |
| Telecom - Services | 3.9% | 5.2% |
| Power | 4.5% | 3.1% |
The six largest sectors of each fund's stocks, % of the fund.
ICICI Prudential Dividend Yield vs Tata Flexi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Dividend Yield Fund | Tata Flexi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.76% | 0.89% |
| Base expense ratio (Direct) | 0.57% | 0.59% |
| Total expense ratio (Regular) | 1.92% | 2.13% |
| Base expense ratio (Regular) | 1.56% | 1.65% |
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 Tata Flexi Cap Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Dividend Yield Fund and Tata Flexi Cap Fund?
ICICI Prudential Dividend Yield Fund is a Dividend Yield fund, Tata Flexi Cap Fund is a Flexi Cap fund, run by ICICI Prudential Mutual Fund and Tata Mutual Fund. Their portfolios overlap 47.8%. ICICI Prudential Dividend Yield Fund charges 0.76% a year and Tata Flexi Cap Fund 0.89%.
Which has given higher returns, ICICI Prudential Dividend Yield Fund or Tata Flexi Cap Fund?
Over 1 year: ICICI Prudential Dividend Yield Fund −9.73%, Tata Flexi Cap Fund −10.21%. Over 3 years: ICICI Prudential Dividend Yield Fund +13.40% a year, Tata Flexi Cap Fund +9.08% a year. Over 5 years: ICICI Prudential Dividend Yield Fund +14.70% a year, Tata Flexi Cap Fund +7.88% 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 Tata Flexi Cap Fund?
ICICI Prudential Dividend Yield Fund charges less: 0.76% a year against 0.89%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Dividend Yield Fund and Tata Flexi Cap Fund overlap?
47.8%. They hold 29 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Dividend Yield Fund or Tata Flexi Cap 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 ₹7,28,353 in Tata Flexi Cap Fund (XIRR 6.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Dividend Yield Fund and Tata Flexi Cap Fund?
Yes. 47.8% 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.