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Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly

ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly

Debt
Corporate Bond
Low to Moderate Risk
Payout
6.99%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jun 2022₹14.87
Min. SIP amountNA
Rating4
Fund size₹17,437.86Cr

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.1%7.0%7.1%8.2%
Category average4.7%8.2%7.6%NA
Rank with in category456NA
Understand terms

Holdings (78)

NameSectorInstrumentAssets
GOI
SovereignGOI FRB13.6%
Reliance Industries Ltd.EnergyDebenture7.9%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture5.6%
GOI
SovereignGOI Sec5.3%
Housing Development Finance Corpn. Ltd.FinancialDebenture4.0%
GOI
SovereignGOI Sec3.2%
HDB Financial Services Ltd.FinancialNCD2.9%
GOI
SovereignGOI Sec2.8%
Pipeline Infrastructure (India) Pvt. Ltd.ConstructionNCD2.1%
REC Ltd.FinancialDebenture2.0%
See All

Pros and cons

Category: Debt Corporate Bond

Pros

Cons

Higher alpha: 2.88 The fund has generated returns higher than benchmark - CRISIL Corporate Bond Fund BII Index - in the last 3Y
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Exit load is zero
Lower expense ratio: 0.27%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.27%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Rahul Goswami
Oct 2017 - Present
View details

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.
Also manages these schemes

Anuj Tagra
Mar 2020 - Present
View details

Education
Mr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management Studies
Experience
Prior to joining ICICI Prudential AMC he has worked with Union Bank of India and Fidelity Investments.
Also manages these schemes

Chandni Gupta
Aug 2016 - Present
View details

Education
She holds B.E. degree in IT and CFA degree from CFA Institute, USA.
Experience
Prior to joining ICICI Prudential Asset Management Company Limited she has worked with Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
Website
NA
Amc Image
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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FAQs

How to Invest in ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly?

You can easily invest in ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly provide?

The ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly has been there from 14 Jan 2013 and the average annual returns provided by this fund is 3.15% since its inception.

How much expense ratio is charged by ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly?

The term Expense Ratio used for ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly is 0.27% as of 27 Jun 2022...

What is the AUM of ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly?

The AUM, short for Assets Under Management of ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly is ₹17,437.86Cr as of 27 Jun 2022.

How to Redeem ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly?

If you want to sell your ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly?

You can select either SIP or Lumpsum investment of ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly based on your investment objective and risk tolerance.

What is the NAV of ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly?

The NAV of ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly is ₹14.87 as of 24 Jun 2022.

What is the PE and PB ratio of ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly?

The PE ratio ratio of ICICI Prudential Corporate Bond Fund Direct Plan IDCW Quarterly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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