COMPARE
HDFC Dividend Yield Fund - Growth Option Direct Plan vs ICICI Prudential Dividend Yield Fund Direct Plan Growth Option
HDFC Dividend Yield Fund and ICICI Prudential Dividend Yield Fund are both in the Dividend Yield Fund category, from HDFC Asset Management Company Limited and ICICI Prudential Asset Management Company Limited respectively. ICICI Prudential Dividend Yield Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
ICICI Prudential Dividend Yield Fund has the lower direct-plan expense ratio, by 0.11 percentage points.
| HDFC Dividend Yield Fund - Growth Option Direct Plan | ICICI Prudential Dividend Yield Fund Direct Plan Growth Option | |
|---|---|---|
| Category | Dividend Yield Fund | Dividend Yield Fund |
| AMC | HDFC Asset Management Company Limited | ICICI Prudential Asset Management Company Limited |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| NAV | ₹25.554 (2026-10-30) | ₹55.47 (2026-10-30) |
| AUM | ₹5,208.619 Cr | ₹6,267.217 Cr |
| Expense Ratio (Direct) | 0.87% | 0.76% |
| Inception | 2020-11-27 | 2014-04-25 |
Returns
Risk Metrics
HDFC Dividend Yield Fund has been the more volatile of the two by standard deviation.
| HDFC Dividend Yield Fund - Growth Option Direct Plan | ICICI Prudential Dividend Yield Fund Direct Plan Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.19 | 0.45 |
| 3Y Alpha | 0.9588% | 4.138% |
| 3Y Std Deviation | 13.94% | 12.5034% |
| 3Y Calmar Ratio | 0.48 | 0.80 |
Portfolio Analytics
| HDFC Dividend Yield Fund - Growth Option Direct Plan | ICICI Prudential Dividend Yield Fund Direct Plan Growth Option | |
|---|---|---|
| P/E Ratio | 19.5599 | - |
| P/B Ratio | 2.4919 | - |
| Dividend Yield | 1.4627% | 1.55% |
| Active Share | 53.96% | - |
| Portfolio Turnover | 248.8% | 49% |
| YTM | - | 5.3948% |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
HDFC Dividend Yield Fund and ICICI Prudential Dividend Yield Fund carry the same Punji Quality grade.
Frequently asked questions
Which has a lower expense ratio, HDFC Dividend Yield Fund or ICICI Prudential Dividend Yield Fund?
ICICI Prudential Dividend Yield Fund's direct-plan expense ratio is 0.11 percentage points lower than HDFC Dividend Yield Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, HDFC Dividend Yield Fund or ICICI Prudential Dividend Yield Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), HDFC Dividend Yield Fund has been more volatile than ICICI Prudential Dividend Yield Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.19 for HDFC Dividend Yield Fund vs 0.45 for ICICI Prudential Dividend Yield Fund) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, HDFC Dividend Yield Fund or ICICI Prudential Dividend Yield Fund?
ICICI Prudential Dividend Yield Fund has ₹6,267 Cr in assets under management, versus ₹5,209 Cr for HDFC Dividend Yield Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, HDFC Dividend Yield Fund or ICICI Prudential Dividend Yield Fund?
ICICI Prudential Dividend Yield Fund launched on 2014-04-25, making it older than HDFC Dividend Yield Fund (launched 2020-11-27). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-11-01. Source: AMFI disclosures via Punji. Not investment advice.