Fund Details
ICICI Prudential Savings Fund Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.53% |
| NAV | ₹423.05 (23 Jul 2021) |
|---|---|
| Fund Started | 27 Sep 2002 |
| Fund Size | ₹32,102 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y 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 Growth Details
ICICI Prudential Savings Fund Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 27 Sep 2002. Rahul Goswami, Rohan Maru is the Current Fund Manager of ICICI Prudential Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹32,102 Cr and the Latest NAV as of 23 Jul 2021 is ₹423.05.
The ICICI Prudential Savings Fund Growth 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.
