Fund Details
ICICI Prudential Savings Fund Direct Plan IDCW Daily
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.42% |
| NAV | ₹105.74 (26 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹32,102 Cr |
Returns
Comparison
1. Age is more than 3 years
2. Lower expense ratio - 0.42%
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI FRB | 17.8% |
| GOI | Sovereign | GOI Sec | 5.7% |
| GOI | Sovereign | GOI Sec | 3.7% |
| Reserve Bank of India | Financial | T-Bills | 3.7% |
| State Bank of India | Financial | Additional Tier 2 Bo | 3.0% |
| Panatone Finvest Ltd | Financial | CP | 2.7% |
| Reserve Bank of India | Financial | T-Bills | 2.5% |
| Reserve Bank of India | Financial | T-Bills | 1.5% |
| Reserve Bank of India | Financial | T-Bills | 1.5% |
| Reserve Bank of India | Financial | T-Bills | 1.5% |
Fund Managers
ICICI Prudential Savings Fund Direct Plan IDCW Daily Details
ICICI Prudential Savings Fund Direct Plan IDCW Daily is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rahul Goswami, Rohan Maru is the Current Fund Manager of ICICI Prudential Savings Fund Direct Plan IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹32,102 Cr and the Latest NAV as of 26 Jul 2021 is ₹105.74.
The ICICI Prudential Savings Fund Direct Plan IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
Investment Objective
The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity.
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.
