|Min SIP Amount||₹1000|
|NAV||₹24.83 (06 Aug 2020)|
|Fund Started||13 Mar 2013|
|Fund Size||₹12,096 Cr|
|Export-Import Bank Of India||Financial||CD||4.0%|
|ICICI Bank Ltd.||Financial||Debenture||3.4%|
|HDFC Bank Ltd.||Financial||Bonds||3.3%|
|Axis Bank Ltd.||Financial||Bonds/Deb||2.7%|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||2.3%|
ICICI Prudential Banking & PSU Debt Direct Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 13 Mar 2013. Rahul Goswami, Chandni Gupta is the Current Fund Manager of ICICI Prudential Banking & PSU Debt Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹12,096 Cr and the Latest NAV as of 06 Aug 2020 is ₹24.83.
The ICICI Prudential Banking & PSU Debt Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The investment objective of the Scheme is to generate regular income through investments in a basket of debt and money market instruments consisting predominantly of securities issued by entities such as Banks and Public Sector Undertakings (PSU) with a view to providing reasonable returns, while maintaining an optimum balance of safety, liquidity and yield.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.