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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
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 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
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 9.37 -0.01 0.28 1.44 1.67 6.66 10.81 8.62 8.56 8.78 --
VR Bond 6.47 0.01 0.31 0.86 0.64 3.02 7.45 6.94 7.13 7.77 --
Debt: Corporate Bond 8.76 -0.02 0.17 1.40 1.69 6.01 9.98 7.57 7.76 8.52 --
Rank within category 9 6 2 10 12 9 8 5 5 5 --
Number of funds in category 20 21 21 20 20 20 20 15 13 10 8

As on 27-Oct-2020

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
4 star
 Jun-09 10.81 8.62 8.56 0.59 15,201
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
 Mar-97 11.75 9.14 9.00 0.44 20,645
HDFC Corporate Bond Fund  | Invest Online
4 star
 Jun-10 11.65 9.07 9.06 0.61 20,526
L&T Triple Ace Bond Fund  | Invest Online
4 star
 Mar-97 13.41 9.81 8.57 0.62 5,301
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
5 star
 Sep-07 9.59 8.72 8.51 0.61 5,171

Best & Worst Performance

Best (Period) Worst (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 8.02 1.80 1.64 3.10 0.59 2.11
VR Bond 6.51 2.09 0.69 1.28 -- --
Debt: Corporate Bond 7.06 2.89 1.06 2.06 0.60 1.14
Rank within category 5 4 3 3 7 5
Number of funds in category 15 15 15 15 15 15

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 201 224 141 75
Modified Duration (yrs) 2.88 2.88 1.69 2.45
Average Maturity (yrs) 4.09 4.09 2.26 3.09
Yield to Maturity (%) 5.40 7.13 5.17 5.35
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 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 7.30 7.30
down 5.77% GOI 2030 GOI Securities SOV 0.00 - 6.27 6.27
up 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 3.77 3.61
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 2.00 - 3.03 2.55
equal 7.65% Sikka Ports and Terminals 22/03/2023 Non Convertible Debenture AAA 0.00 - 2.18 1.89
equal 8.65% Tata Capital Financial Services 26/03/2021 Bonds/NCDs AAA 1.48 - 2.38 1.68
down 7.59% GOI 2026 GOI Securities SOV 0.00 - 2.92 1.64
up 8.70% HDFC 15/12/2020 Debenture AAA 0.10 - 1.62 1.62
up 8.62% HDFC 15/10/2020 Debenture AAA 0.00 - 1.63 1.54
up 6.18% GOI 2024 GOI Securities SOV 0.00 - 1.53 1.53
down 7.57% GOI 17/06/2033 GOI Securities SOV 1.43 - 9.29 1.43
equal 7.49% HDB Financial Services 18/11/2021 Bonds/NCDs AAA 1.18 - 1.90 1.35
equal 7.10% HDFC Credila Financial Services 25/02/2022 Non Convertible Debenture AAA 0.00 - 1.69 1.35
equal 6.55% M&M Financial Services 28/06/2022 Debenture AAA 0.00 - 1.34 1.34
equal 5.47% Power Finance Corp. 19/08/2023 Debenture AAA 0.00 - 1.31 1.31
up 6.77% HDFC 28/06/2021 Non Convertible Debenture AAA 0.00 - 2.34 1.27
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.96 - 1.20 1.20
equal 8.15% REC 18/01/2021 Bonds/Debentures AAA 1.10 - 1.58 1.18
equal 6.43% Chennai Petroleum Corp. 28/02/2023 Non Convertible Debenture AAA 0.00 - 1.28 1.18
down 8.15% GOI 24/11/2026 Central Government Loan SOV 0.00 - 1.68 1.17
up 8.80% LIC Housing Fin. 24/12/2020 Debenture AAA 0.00 - 1.45 1.09
equal 8.70% Reliance Industries 18/07/2021 Debenture AAA 0.93 - 1.56 1.05
equal 9.10% India Grid Trust 2022 Debenture AAA 0.55 - 1.38 1.04
equal 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 1.80 1.04
equal 7.35% Nabha Power 16/06/2023 Debenture AAA 0.00 - 1.03 1.03

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 30-Sep-2020

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: She is working with ICICI since October 2012 as Fixed Income Dealer. Prior to that, she has worked with Morgan Stanley, HSBC Bank and 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 27-Oct-2020

Growth: ₹ 22.3487

Dividend Weekly: ₹ 10.3037

More

Dividend Quarterly: ₹ 10.8665

Dividend Monthly: ₹ 10.4734

Dividend Half Yearly: ₹ 12.7095

Dividend Fortnightly: ₹ 10.2690

Dividend Daily: ₹ 10.1612

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 (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 12-Jun-2009
Return Since Launch: 8.77%
Benchmark: CRISIL AAA ST Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 15,201 Cr (As on 30-Sep-2020)
Expense: 0.59% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily26-Oct-20200.0062

 23-Oct-20200.0004
 22-Oct-20200.0030
 21-Oct-20200.0018
 20-Oct-20200.0047
 19-Oct-20200.0423
 15-Oct-20200.0013
 14-Oct-20200.0018
 13-Oct-20200.0026
 12-Oct-20200.0053
 09-Oct-20200.0038
 08-Oct-20200.0020
 07-Oct-20200.0039
 05-Oct-20200.0067
 01-Oct-20200.0025
 30-Sep-20200.0069
 24-Sep-20200.0011
 23-Sep-20200.0017
 22-Sep-20200.0011
 21-Sep-20200.0052
 18-Sep-20200.0016
 16-Sep-20200.0017
 14-Sep-20200.0074
 09-Sep-20200.0925
 03-Sep-20200.0050
Dividend Weekly26-Oct-20200.0376

 19-Oct-20200.0242
 12-Oct-20200.0619
 05-Oct-20200.0173
 07-Sep-20200.0234
 20-Jul-20200.0232
 13-Jul-20200.0678
 06-Jul-20200.0496
 29-Jun-20200.0417
 22-Jun-20200.0662
 15-Jun-20200.0320
 08-Jun-20200.0132
 26-May-20200.0873
 18-May-20200.0565
 11-May-20200.0422
 04-May-20200.0232
 27-Apr-20200.0029
 20-Apr-20200.0557
 09-Mar-20200.0161
 24-Feb-20200.0036
 17-Feb-20200.0184
 10-Feb-20200.0392
 03-Feb-20200.0144
 27-Jan-20200.0194
 20-Jan-20200.0106
Dividend Fortnightly15-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
 15-Jun-20200.0452
 29-May-20200.1004
 15-May-20200.1061
 30-Apr-20200.0823
 27-Feb-20200.0071
 14-Feb-20200.0663
 30-Jan-20200.0313
 15-Jan-20200.0239
 30-Dec-20190.0277
 28-Nov-20190.0279
 15-Nov-20190.0384
 29-Oct-20190.0371
 15-Oct-20190.0370
 16-Sep-20190.0285
 29-Aug-20190.0332
 16-Aug-20190.0272
 30-Jul-20190.0220
 15-Jul-20190.0756
Dividend Monthly30-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
 26-Apr-20190.0364
 26-Mar-20190.0885
 26-Feb-20190.0373
 28-Jan-20190.0567
 28-Dec-20180.0534
 29-Nov-20180.0692
 29-Oct-20180.0447
 28-Sep-20180.0090
 30-Aug-20180.0412
 30-Jul-20180.0606
Dividend Quarterly21-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
 26-Mar-20150.1499
 26-Dec-20140.1746
 25-Sep-20140.0923
Dividend Half Yearly17-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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