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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
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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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(₹)
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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 -0.10 0.01 0.03 -0.05 0.49 1.93 3.96 7.89 7.20 7.82 8.19
VR Bond -0.34 0.05 -0.03 -0.42 0.50 1.80 2.07 5.76 5.56 6.32 7.06
Debt: Corporate Bond 0.05 0.02 0.03 0.11 0.58 1.66 3.72 7.50 6.76 7.34 7.83
Rank within category 19 22 10 19 18 5 10 7 5 3 3
Number of funds in category 22 22 22 22 21 21 20 17 13 12 9

As on 21-Jan-2022

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 3.96 7.89 7.20 0.58% 19,104
HDFC Corporate Bond Fund  | Invest Online
4 star
 Jun-10 4.03 8.46 7.53 0.60% 28,109
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
 Mar-97 4.37 8.33 7.62 0.45% 19,392
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
4 star
 Sep-07 4.08 7.50 7.33 0.65% 10,768
Nippon India Corporate Bond Fund  | Invest Online
4 star
 Sep-00 5.01 7.15 6.98 0.63% 3,865

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 7.84 1.79 2.30 4.54 0.63 2.85
VR Bond 5.74 2.02 1.00 1.37 -- --
Debt: Corporate Bond 7.42 2.51 1.67 3.29 0.66 2.37
Rank within category 7 3 3 4 8 5
Number of funds in category 17 17 17 17 17 17

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

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 149 239 142 80
Modified Duration (yrs) 2.81 2.84 1.54 2.13
Average Maturity (yrs) 6.59 6.59 2.48 2.76
Yield to Maturity (%) 5.32 5.32 4.75 5.33
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 3.02 - 9.30 9.30
up 6.10% GOI 2031 GOI Securities SOV 0.00 - 6.02 6.02
equal 6.76% GOI 22/02/2061 GOI Securities SOV 0.00 - 4.78 4.78
equal 8.30% Reliance Industries 2022 Debenture AAA 0.64 - 4.77 4.77
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 3.11 - 3.55 3.40
equal 6.67% GOI 17/12/2050 GOI Securities SOV 0.00 - 3.71 3.15
equal HDB Financial Services 21/06/2024 Non Convertible Debenture AAA 0.00 - 2.73 2.73
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 1.85 - 2.03 2.02
equal 6.90% REC 30/06/2022 Debenture AAA 0.24 - 1.85 1.85
equal 4.98% LIC Housing Fin. 2024 Debenture AAA 0.00 - 1.81 1.81
down MTNL 2030 Debenture AAA 0.23 - 1.78 1.77
equal 4.55% LIC Housing Fin. 28/03/2022 Bonds/NCDs AAA 0.00 - 1.70 1.70
equal 6.89% Indian Railway Finance Corporation 19/07/2031 Debenture AAA 0.00 - 1.61 1.61
equal 6.60% REC 21/03/2022 Debenture AAA 0.73 - 1.50 1.50
equal 7.65% Sikka Ports and Terminals 22/03/2023 Non Convertible Debenture AAA 1.36 - 1.50 1.48
up 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 1.09 - 1.42 1.42
down 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 1.25 - 1.43 1.33
equal 6.80% State Bank of India Additional Tier 2 Bond AAA 1.18 - 1.30 1.30
equal 6.95% Indian Railway Finance Corporation 24/11/2036 Non Convertible Debenture AAA 0.00 - 1.30 1.30
equal 8.60% Rajasthan State 2028 State Development Loan SOV 0.00 - 1.55 1.29
up 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.41 - 1.23 1.23
equal 7.62% Housing & Urban Development Corporation 15/07/2022 Debenture AAA 0.17 - 1.20 1.20
down 6.92% Indian Railway Finance Corporation 31/08/2031 Non Convertible Debenture AAA 0.00 - 1.87 1.15
equal 8.58% HDFC 18/03/2022 Debenture AAA 0.37 - 1.14 1.14
equal 7.93% NTPC 2022 Non Convertible Debenture AAA 0.00 - 1.09 1.09

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-Dec-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
0.01%

Change from previous, NAV as on 21-Jan-2022

Growth: ₹ 23.4737

IDCW Weekly: ₹ 10.2797

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IDCW Quarterly: ₹ 10.7222

IDCW Monthly: ₹ 10.3614

IDCW Half Yearly: ₹ 12.7008

IDCW Fortnightly: ₹ 10.1981

IDCW Daily: ₹ 10.0827

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

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) --
Min. 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: 8.22%
Benchmark: NIFTY Corporate Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 19,104 Cr (As on 31-Dec-2021)
Expense: 0.58% (As on 31-Dec-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly23-Dec-20210.0827

 23-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
IDCW Daily16-Dec-20210.0002

 15-Dec-20210.0025
 14-Dec-20210.0022
 09-Dec-20210.0011
 08-Dec-20210.0035
 06-Dec-20210.0026
 02-Dec-20210.0033
 01-Dec-20210.0004
 30-Nov-20210.0046
 29-Nov-20210.0016
 26-Nov-20210.0009
 23-Nov-20210.0013
 22-Nov-20210.0052
 18-Nov-20210.0040
 17-Nov-20210.0017
 16-Nov-20210.0004
 15-Nov-20210.0063
 12-Nov-20210.0019
 11-Nov-20210.0004
 10-Nov-20210.0003
 09-Nov-20210.0065
 08-Nov-20210.0139
 28-Oct-20210.0019
 27-Oct-20210.0034
 25-Oct-20210.0062
IDCW Fortnightly15-Dec-20210.0158

 30-Nov-20210.0200
 15-Nov-20210.0359
 29-Oct-20210.0098
 30-Sep-20210.0175
 15-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
IDCW Weekly13-Dec-20210.0040

 06-Dec-20210.0111
 29-Nov-20210.0039
 22-Nov-20210.0116
 15-Nov-20210.0157
 08-Nov-20210.0195
 25-Oct-20210.0101
 04-Oct-20210.0012
 20-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
IDCW Monthly30-Nov-20210.0569

 29-Oct-20210.0098
 30-Sep-20210.0610
 31-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
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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