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ICICI Prudential Corporate Bond Fund

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Debt: Corporate Bond

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1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.44 -0.08 0.05 0.75 1.54 3.09 5.93 8.80 7.72 8.24 8.42
VR Bond 2.05 0.01 0.22 1.14 1.47 2.43 3.87 7.12 6.04 7.06 7.35
Debt: Corporate Bond 2.87 -0.08 -0.01 0.44 1.45 3.06 5.48 8.55 7.27 7.97 8.07
Rank within category 3 11 3 2 7 9 8 8 5 5 3
Number of funds in category 20 21 21 21 21 21 19 17 13 11 9

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Corporate Bond Fund  | Invest Now
5 star
 Jun-09 5.93 8.80 7.72 0.59 20,383
HDFC Corporate Bond Fund  | Invest Online
4 star
 Jun-10 6.28 9.54 8.11 0.61 27,568
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
 Mar-97 6.25 9.37 8.13 0.46 24,413
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
4 star
 Sep-07 5.57 8.37 7.79 0.67 10,336
DSP Corporate Bond Fund - Regular Plan  | Invest Online
4 star
 Sep-18 4.28 9.02 -- 0.50 2,406

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.01 24-Mar-2020 - 31-Mar-2020 -1.49 12-Mar-2020 - 19-Mar-2020
Month 3.10 24-Mar-2020 - 23-Apr-2020 -1.73 20-Feb-2020 - 23-Mar-2020
Quarter 6.02 26-Mar-2020 - 25-Jun-2020 -6.82 04-Jan-2011 - 05-Apr-2011
Year 11.78 25-Jul-2019 - 24-Jul-2020 -2.97 05-Apr-2010 - 05-Apr-2011

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.26 1.75 2.42 4.61 0.55 2.75
VR Bond 6.70 2.11 1.26 1.76 -- --
Debt: Corporate Bond 8.01 2.56 1.78 2.89 0.64 2.27
Rank within category 7 3 3 1 7 4
Number of funds in category 16 16 16 16 16 16

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 218 239 199 97
Modified Duration (yrs) 2.43 2.94 1.54 2.05
Average Maturity (yrs) 5.57 5.57 2.48 2.64
Yield to Maturity (%) 4.97 5.40 4.63 4.78
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.92 - 6.85 6.85
up 6.76% GOI 22/02/2061 GOI Securities SOV 0.00 - 4.19 4.19
down 6.67% GOI 17/12/2050 GOI Securities SOV 0.00 - 3.71 3.42
up 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.68 - 3.33 3.33
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 3.55 3.20
up 6.22% HDFC 2021 Debenture AAA 0.00 - 3.12 3.02
equal HDB Financial Services 21/06/2024 Non Convertible Debenture AAA 0.00 - 2.64 2.54
equal 7.17% Nat. Highways Authority 23/12/2021 Non Convertible Debenture AAA 0.00 - 2.58 2.47
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 1.87 - 2.55 1.92
equal 6.65% Food Corporation of India 23/10/2030 Debenture AAA 0.00 - 1.97 1.89
new 6.10% GOI 2031 GOI Securities SOV 0.00 - 1.70 1.70
equal 7.47% Power Finance Corporation 16/09/2021 Bonds AAA 0.00 - 1.69 1.56
down 5.35% National Housing Bank 2024 Debenture AAA 0.00 - 2.10 1.49
new 6.92% Indian Railway Finance Corporation 31/08/2031 Non Convertible Debenture AAA 0.00 - 1.48 1.48
equal 7.65% Sikka Ports and Terminals 22/03/2023 Non Convertible Debenture AAA 1.37 - 1.89 1.41
equal 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 0.46 - 1.43 1.34
down 8.60% Rajasthan State 2028 State Development Loan SOV 0.00 - 1.55 1.22
equal 6.80% State Bank of India Additional Tier 2 Bond AAA 0.00 - 1.40 1.22
equal 6.89% Indian Railway Finance Corporation 19/07/2031 Debenture AAA 0.00 - 1.25 1.20
up 8.30% Reliance Industries 2022 Debenture AAA 0.64 - 1.15 1.15
equal 7.14% REC 2021 Bonds AAA 0.55 - 1.23 1.14
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 0.17 - 1.30 1.12
up 7.49% HDB Financial Services 18/11/2021 Bonds/NCDs AAA 0.97 - 1.35 1.11
up 7.40% Power Finance Corporation 30/09/2021 Bonds AAA 0.10 - 1.05 1.05
equal 6.55% M&M Financial Services 28/06/2022 Debenture AAA 0.96 - 1.34 1.00

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021

Fund Manager

— Anuj Tagra since 03-Mar-2020

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.

Funds Managed:

— Chandni Gupta since 03-Aug-2016

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.

Funds Managed:

— Rahul Goswami since 13-Oct-2017

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:

Invest Now
-0.08%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 23.3444

IDCW Weekly: ₹ 10.2998

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IDCW Quarterly: ₹ 10.7453

IDCW Monthly: ₹ 10.4316

IDCW Half Yearly: ₹ 12.6308

IDCW Fortnightly: ₹ 10.2405

IDCW Daily: ₹ 10.1045

Investment Strategy

The scheme seeks to generate income through investing predominantly in AA+ and above rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 12-Jun-2009
Return Since Launch: 8.43%
Benchmark: CRISIL AAA ST Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 20,383 Cr (As on 31-Aug-2021)
Expense: 0.59% (As on 31-Aug-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily23-Sep-20210.0009

 22-Sep-20210.0017
 21-Sep-20210.0009
 20-Sep-20210.0092
 17-Sep-20210.0038
 16-Sep-20210.0038
 15-Sep-20210.0053
 14-Sep-20210.0052
 13-Sep-20210.0023
 09-Sep-20210.0030
 08-Sep-20210.0007
 06-Sep-20210.0071
 03-Sep-20210.0045
 02-Sep-20210.0079
 01-Sep-20210.0060
 31-Aug-20210.0041
 30-Aug-20210.0097
 27-Aug-20210.0058
 26-Aug-20210.0013
 25-Aug-20210.0004
 24-Aug-20210.0033
 23-Aug-20210.0061
 20-Aug-20210.0046
 18-Aug-20210.0051
 17-Aug-20210.0078
IDCW Quarterly23-Sep-20210.1563

 24-Jun-20210.2006
 24-Dec-20200.2369
 21-Sep-20200.1618
 26-Jun-20200.6066
 24-Mar-20200.0823
 24-Dec-20190.1503
 24-Sep-20190.1898
 24-Jun-20190.1740
 22-Mar-20190.1654
 24-Dec-20180.1642
 26-Sep-20180.1047
 27-Jun-20180.0349
 27-Mar-20180.1081
 27-Dec-20170.0617
 28-Sep-20170.1225
 30-Jun-20170.1528
 31-Mar-20170.1071
 29-Dec-20160.1507
 29-Sep-20160.2123
 29-Jun-20160.1702
 29-Mar-20160.1508
 29-Dec-20150.1439
 28-Sep-20150.1486
 26-Jun-20150.1613
IDCW Weekly20-Sep-20210.0279

 13-Sep-20210.0061
 06-Sep-20210.0301
 30-Aug-20210.0209
 23-Aug-20210.0162
 17-Aug-20210.0201
 09-Aug-20210.0044
 02-Aug-20210.0135
 26-Jul-20210.0116
 19-Jul-20210.0098
 14-Jun-20210.0230
 07-Jun-20210.0151
 31-May-20210.0002
 24-May-20210.0183
 17-May-20210.0136
 10-May-20210.0090
 03-May-20210.0200
 26-Apr-20210.0161
 19-Apr-20210.0004
 12-Apr-20210.0109
 05-Apr-20210.0148
 30-Mar-20210.0372
 11-Jan-20210.0015
 04-Jan-20210.0176
 28-Dec-20200.0137
IDCW Fortnightly15-Sep-20210.0467

 30-Aug-20210.0447
 13-Aug-20210.0230
 30-Jul-20210.0278
 15-Jul-20210.0053
 15-Jun-20210.0314
 28-May-20210.0249
 14-May-20210.0210
 30-Apr-20210.0373
 15-Apr-20210.0208
 30-Mar-20210.0433
 29-Jan-20210.0027
 15-Jan-20210.0044
 30-Dec-20200.0237
 15-Dec-20200.0151
 27-Nov-20200.0326
 17-Nov-20200.0346
 29-Oct-20200.0358
 15-Oct-20200.0977
 30-Sep-20200.0210
 15-Sep-20200.0080
 14-Aug-20200.0045
 30-Jul-20200.0075
 15-Jul-20200.1116
 30-Jun-20200.1151
IDCW Monthly31-Aug-20210.0731

 30-Jul-20210.0364
 30-Jun-20210.0305
 31-May-20210.0451
 30-Apr-20210.0557
 31-Mar-20210.0473
 29-Jan-20210.0072
 30-Dec-20200.0394
 27-Nov-20200.0484
 29-Oct-20200.1120
 30-Sep-20200.0340
 30-Jul-20200.0883
 30-Jun-20200.1452
 29-May-20200.2087
 30-Apr-20200.0827
 27-Feb-20200.0738
 30-Jan-20200.0557
 30-Dec-20190.0279
 28-Nov-20190.0668
 29-Oct-20190.0788
 27-Sep-20190.0246
 29-Aug-20190.0609
 30-Jul-20190.0983
 27-Jun-20190.0400
 28-May-20190.0900
IDCW Half Yearly23-Aug-20210.3183

 22-Feb-20210.3129
 17-Aug-20200.7321
 20-Feb-20200.4184
 19-Aug-20190.4886
 18-Feb-20190.3308
 16-Aug-20180.0004
 16-Feb-20180.0004
 16-Aug-20170.0004
 16-Feb-20170.0004
 16-Aug-20160.0004
 15-Feb-20160.0004

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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