ICICI Prudential Savings Fund Dividend Daily+0.03%

8.49%
1 Year Return
Debt
Low Duration
5.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Savings Fund Dividend Daily

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.55%
NAV105.74 (23 Oct 2020)
Fund Started03 Apr 2003
Fund Size19,922 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Savings Fund Dividend Daily
8.5%
8.0%
8.1%
8.1%
Category Average
6.3%
5.1%
6.1%
-
Rank within category
2
1
1
-
*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
    0
    with 8.5% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. Exit load is zero
    6. Age is more than 10 years
    7. Risk-adjusted returns are higher compared to the category
    8. 1Y Returns are higher than the category average returns
    9. 3Y Returns are higher than the category average returns
    10. 5Y Returns are higher than the category average returns
    11. 10Y Returns are higher than the category average returns
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyCP5.6%
    State Bank of IndiaFinancialNCD5.1%
    GOISovereignGOI FRB4.3%
    GOISovereignGOI Sec3.0%
    Small Industries Devp. Bank of India Ltd.FinancialCP2.5%
    Pipeline Infrastructure (India) Pvt. Ltd.ConstructionNCD2.5%
    GOISovereignGOI Sec2.0%
    Bharti Telecom Ltd.CommunicationNCD1.9%
    Reserve Bank of IndiaFinancialT-Bills1.9%
    LIC Housing Finance Ltd.FinancialNCD1.8%
    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
    addRohan Maru
    Education
    Mr. Maru is M.Com and MBA in Finance.
    Experience
    Prior to this, he worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
    Funds Managed

    ICICI Prudential Savings Fund Dividend Daily Details

    ICICI Prudential Savings Fund Dividend Daily is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 03 Apr 2003. Rahul Goswami, Rohan Maru is the Current Fund Manager of ICICI Prudential Savings Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹19,922 Cr and the Latest NAV as of 23 Oct 2020 is ₹105.74.

    The ICICI Prudential Savings Fund Dividend Daily is rated Moderately Low 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.

    Scheme Information Document(SID)

    ₹100
    Min for First Investment
    ₹100
    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
    13 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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