diff --git a/hooks/useLoadData/useLoadData.test.ts b/hooks/useLoadData/useLoadData.test.ts
index 92779ed..99d1830 100644
--- a/hooks/useLoadData/useLoadData.test.ts
+++ b/hooks/useLoadData/useLoadData.test.ts
@@ -383,4 +383,63 @@ describe('useLoadData', () => {
     expect(result.current.isError).toBe(true);
     expect(result.current.error).toBe('immediate failure');
   });
+
+  it('should re-invoke fetchData when fetchWhenDepsChange with an initial promise with normal dep', async () => {
+      const {result} = renderHook(() => {
+        const [dep, setDep] = useState<any>('a');
+        const loadedData = useLoadData(getSuccess, [dep], {fetchWhenDepsChange: true});
+  
+        return {loadedData, setDep};
+      });
+      expect(result.current.loadedData.isInProgress).toBe(true);
+  
+      await waitFor(() => expect(result.current.loadedData.isInProgress).toBe(false));
+      expect(getSuccess).toHaveBeenCalledWith('a');
+      expect(getSuccess).toHaveBeenCalledTimes(1);
+  
+      await act(() => result.current.setDep('b'));
+      await waitFor(() => expect(result.current.loadedData.isInProgress).toBe(false));
+      expect(getSuccess).toHaveBeenCalledTimes(2);
+  
+      expect(getSuccess).toHaveBeenCalledWith('b');
+    });
+  
+    it('should re-invoke fetchData when fetchWhenDepsChange with an initial promise with finished dependency', async () => {
+      const {result} = renderHook(() => {
+        const [dep, setDep] = useState<any>({...successfulResponse, result: 'a'});
+        const loadedData = useLoadData(getSuccess, [dep], {fetchWhenDepsChange: true});
+  
+        return {loadedData, setDep};
+      });
+      expect(result.current.loadedData.isInProgress).toBe(true);
+  
+      await waitFor(() => expect(result.current.loadedData.isInProgress).toBe(false));
+      expect(getSuccess).toHaveBeenCalledWith('a');
+      expect(getSuccess).toHaveBeenCalledTimes(1);
+  
+      await act(() => result.current.setDep({...successfulResponse, result: 'b'}));
+      await waitFor(() => expect(result.current.loadedData.isInProgress).toBe(false));
+      expect(getSuccess).toHaveBeenCalledTimes(2);
+      expect(getSuccess).toHaveBeenCalledWith('b');
+    });
+  
+    it('should re-invoke fetchData when fetchWhenDepsChange with an initial promise with pending dependency', async () => {
+      const {result} = renderHook(() => {
+        const [dep, setDep] = useState<any>(pendingResponse);
+        const loadedData = useLoadData(getSuccess, [dep], {fetchWhenDepsChange: true});
+  
+        return {loadedData, setDep};
+      });
+      expect(result.current.loadedData.isInProgress).toBe(true);
+      await act(() => result.current.setDep({...successfulResponse, result: 'a'}));
+  
+      await waitFor(() => expect(result.current.loadedData.isInProgress).toBe(false));
+      expect(getSuccess).toHaveBeenCalledWith('a');
+      expect(getSuccess).toHaveBeenCalledTimes(1);
+  
+      await act(() => result.current.setDep({...successfulResponse, result: 'b'}));
+      await waitFor(() => expect(result.current.loadedData.isInProgress).toBe(false));
+      expect(getSuccess).toHaveBeenCalledTimes(2);
+      expect(getSuccess).toHaveBeenCalledWith('b');
+    });
 });
diff --git a/hooks/useLoadData/useLoadData.ts b/hooks/useLoadData/useLoadData.ts
index ed4a8a7..b6c6e85 100644
--- a/hooks/useLoadData/useLoadData.ts
+++ b/hooks/useLoadData/useLoadData.ts
@@ -162,7 +162,14 @@ export function useLoadData<T extends NotUndefined, Deps extends any[]>(
   // eslint-disable-next-line @typescript-eslint/promise-function-async
   const initialPromise = useMemo(() => {
     const correctedArgs = correctOptionalDependencies(fetchDataArgs);
-    if (!data && counter < 1 && checkArgsAreLoaded(correctedArgs)) {
+    // initialPromise should NOT be defined in the following scenarios:
+    // 1. data is passed, in which case fetchData should never be invoked
+    // 2. dependencies are not ready initially, so we cannot proceed with calling fetchData
+    // 3. we are attempting to retry calling fetchData, and we do not want initialPromise to interfere
+    //    with re-invoking fetchData
+    // 4. we are attempting to refetch data due to dependencies changing, and we do not want initialPromise
+    //    to interfere with re-invoking fetchData
+    if (!data && counter < 1 && checkArgsAreLoaded(correctedArgs) && !localFetchWhenDepsChange) {
       try {
         return {
           res: fetchData(...((correctedArgs.map(unboxApiResponse) || []) as Parameters<typeof fetchData>)),
@@ -177,7 +184,7 @@ export function useLoadData<T extends NotUndefined, Deps extends any[]>(
     } else {
       return {res: undefined, error: undefined};
     }
-  }, [counter]);
+  }, [counter, localFetchWhenDepsChange]);
 
   const nonPromiseResult = initialPromise.res instanceof Promise ? undefined : initialPromise.res;
   const initialData = data || nonPromiseResult;