ICICI Prudential Banking & PSU Debt Dividend Half Yearly+0.06%

3Groww
9.53%
1 Year Return
Debt
Banking & PSU
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Banking & PSU Debt Dividend Half Yearly

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.85%
NAV12.8 (23 Aug 2019)
Fund Started11 Feb 2015
Fund Size6,500 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Banking & PSU Debt Dividend Half Yearly
9.5%
7.6%
8.8%
8.6%
Category Average
10.0%
7.6%
8.3%
-
Rank within category
15
10
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 9.5% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. 3Y Returns are higher than the benchmark
    3. 5Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialDebenture6.1%
    GOISovereignGOI Sec5.7%
    State Bank of IndiaFinancialNCD4.5%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture4.0%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.7%
    Axis Bank Ltd.FinancialBonds/Deb3.4%
    National Highways Authority of India Ltd.ServicesDebenture3.2%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture2.9%
    Bank Of BarodaFinancialCD2.6%
    Punjab National BankFinancialCD2.3%
    See All

    Fund Managers

    addRahul Goswami
    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.
    Funds Managed
    addChandni Gupta
    Education
    She holds B.E. degree in IT and CFA degree from CFA Institute, USA.
    Experience
    She is working with ICICI since October 2012 as Fixed Income Dealer. Prior to that, she has worked with Morgan Stanley, HSBC Bank and Standard Chartered Mutual Fund
    Funds Managed

    Other Details

    ICICI Prudential Banking & PSU Debt Dividend Half Yearly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 11 Feb 2015. Rahul Goswami, Chandni Gupta is the Current Fund Manager of ICICI Prudential Banking & PSU Debt Dividend Half Yearly.The fund currently has an Asset Under Management(AUM) of ₹6,500 Cr and the Latest NAV as of 23 Aug 2019 is ₹12.8.

    The ICICI Prudential Banking & PSU Debt Dividend Half Yearly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    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.

    Tax Implications

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

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 Oct 1993
    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,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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