ICICI Prudential Dividend Yield Equity Fund – NFO

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ICICI Prudential Dividend Yield Equity Fund – NFO

NFO Period: April 25, 2014 to May 09, 2014

 

An open ended equity fund that aims to:

  • 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 cap

Click here to Download KIM/Form & Product Note

Options:

Direct Plan – Growth and Dividend (Reinvestment & Payout Option)
Regular Plan – Growth and Dividend (Reinvestment & Payout Option)

Minimum Application Amount: Rs 5,000 (plus in multiple of Rs.1)

Min. Add. Application Amount: Rs 1,000 (plus in multiple of Re.1)

Min. Redemption Amount: Rs 500 (plus in multiple of Re.1)
Entry Load: Not Applicable
Exit Load: For investments upto 18 months – 1% of applicable NAV
Benchmark Index: CNX Dividend Opportunities Index
Fund Manager#: Mr. Mrinal Singh and Mr. Vinay Sharma
#Ashwin Jain will be the fund manager for overseas investments