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Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Banking & PSU Debt Direct Bonus

ICICI Prudential Banking & PSU Debt Direct Bonus

Debt
Banking and PSU
Low to Moderate Risk
6.55%
3Y annualised
+0.05% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 10 Apr 2018₹13.87
Min. SIP amountNot Supported
Rating3
Fund size₹8,487.29Cr

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.0%6.5%6.7%8.3%
Category average4.4%8.4%7.7%NA
Rank with in category3912NA
Understand terms

Holdings (66)

NameSectorInstrumentAssets
GOI
SovereignGOI FRB20.3%
GOI
SovereignGOI Sec6.6%
Punjab National Bank
FinancialCD5.6%
ICICI Bank Ltd.FinancialAdditional Tier 1 Bo4.8%
HDFC Bank Ltd.
FinancialCD3.5%
Axis Bank Ltd.
FinancialCD3.5%
HDFC Bank Ltd.
FinancialCD3.4%
GOISovereignGOI Sec2.9%
Bharat Sanchar Nigam LtdCommunicationNCD2.8%
Chennai Petroleum Corporation Ltd.EnergyNCD2.7%
See All

Pros and cons

Category: Debt Banking and PSU

Pros

Cons

1Y category rank: 3
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Exit load is zero
Lower expense ratio: 0.35%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.35%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Rahul Goswami
Jan 2013 - Present
View details

Education
Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)
Experience
Prior to joining ICICI Prudential AMC he has worked with UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
Also manages these schemes

Chandni Gupta
Jan 2015 - Present
View details

Education
She holds B.E. degree in IT and CFA degree from CFA Institute, USA.
Experience
Prior to joining ICICI Prudential Asset Management Company Limited she has worked with Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
Website
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in ICICI Prudential Banking & PSU Debt Direct Bonus?

You can easily invest in ICICI Prudential Banking & PSU Debt Direct Bonus in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for ICICI Prudential Banking & PSU Debt Direct Bonus from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in ICICI Prudential Banking & PSU Debt Direct Bonus as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ICICI Prudential Banking & PSU Debt Direct Bonus provide?

The ICICI Prudential Banking & PSU Debt Direct Bonus has been there from 21 Nov 2014 and the average annual returns provided by this fund is 3.99% since its inception.

How much expense ratio is charged by ICICI Prudential Banking & PSU Debt Direct Bonus?

The term Expense Ratio used for ICICI Prudential Banking & PSU Debt Direct Bonus or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of ICICI Prudential Banking & PSU Debt Direct Bonus is 0.35% as of 17 Aug 2022...

What is the AUM of ICICI Prudential Banking & PSU Debt Direct Bonus?

The AUM, short for Assets Under Management of ICICI Prudential Banking & PSU Debt Direct Bonus is ₹8,487.29Cr as of 17 Aug 2022.

How to Redeem ICICI Prudential Banking & PSU Debt Direct Bonus?

If you want to sell your ICICI Prudential Banking & PSU Debt Direct Bonus holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ICICI Prudential Banking & PSU Debt Direct Bonus?

You can select either SIP or Lumpsum investment of ICICI Prudential Banking & PSU Debt Direct Bonus based on your investment objective and risk tolerance.

What is the NAV of ICICI Prudential Banking & PSU Debt Direct Bonus?

The NAV of ICICI Prudential Banking & PSU Debt Direct Bonus is ₹13.87 as of 10 Apr 2018.

What is the PE and PB ratio of ICICI Prudential Banking & PSU Debt Direct Bonus?

The PE ratio ratio of ICICI Prudential Banking & PSU Debt Direct Bonus is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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