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ICICI Prudential Banking & PSU Debt Fund download report


Debt: Banking and PSU

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. 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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(₹)
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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
ICICI Pru Banking & PSU Debt-G 1.90 0.24 0.37 0.74 1.40 1.70 3.67 6.20 6.28 7.45 8.01
CCIL T Bill Liquidity Weight 1.24 -0.04 0.05 0.21 0.72 0.97 1.98 2.58 3.26 3.62 4.20
Debt: Banking and PSU 1.62 0.19 0.28 0.76 1.60 1.17 2.89 6.07 6.52 7.18 7.78
Rank within category 4 6 3 12 15 3 2 8 12 4 2
Number of funds in category 22 22 22 22 22 22 22 17 16 14 4

As on 17-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Banking & PSU Debt Fund  | Invest Now
4 star
Jan-10 3.67 6.20 6.28 0.80 8,487
IDFC Banking & PSU Debt Fund - Regular Plan  | Invest Online
5 star
Mar-13 2.62 6.39 7.09 0.62 16,162
Axis Banking & PSU Debt Fund
5 star
Jun-12 3.18 6.10 7.04 0.62 14,171
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan  | Invest Online
4 star
Apr-08 3.08 6.35 6.74 0.70 10,061
Kotak Banking and PSU Debt Fund Regular Plan  | Invest Online
4 star
Dec-98 3.32 6.37 6.85 0.79 6,959

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.46 24-Mar-2020 - 31-Mar-2020 -1.80 12-Mar-2020 - 19-Mar-2020
Month 3.12 24-Mar-2020 - 23-Apr-2020 -2.66 20-Feb-2020 - 23-Mar-2020
Quarter 5.85 09-Apr-2020 - 10-Jul-2020 -1.46 21-May-2013 - 20-Aug-2013
Year 14.36 24-Nov-2015 - 24-Nov-2016 2.89 11-Jun-2021 - 13-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
ICICI Pru Banking & PSU Debt-G 5.88 1.86 1.28 2.61 0.85 3.15
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Banking and PSU 5.87 2.25 1.11 2.23 2.14 4.29
Rank within category 11 5 6 4 2 16
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-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 80 138 75 64
Modified Duration (yrs) 1.68 3.87 1.68 1.69
Average Maturity (yrs) 6.53 9.26 5.84 2.31
Yield to Maturity (%) 6.52 6.52 5.67 6.61
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
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 10.46 - 20.32 20.32
up 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 6.63 6.63
up Punjab National Bank 2022 Certificate of Deposit A1+ 0.00 - 5.59 5.59
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 2.97 - 4.80 4.80
up HDFC Bank 17/08/2022 Certificate of Deposit A1+ 0.00 - 3.53 3.53
equal Axis Bank 29/08/2022 Certificate of Deposit A1+ 0.00 - 3.52 3.52
equal HDFC Bank 2023 Certificate of Deposit A1+ 0.00 - 3.41 3.41
down 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 6.37 2.89
equal 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 2.00 - 2.84 2.84
equal 6.43% Chennai Petroleum Corporation 28/02/2023 Non Convertible Debenture AAA 1.66 - 2.71 2.71
new Indian Oil Corporation 51-D 26/08/2022 Commercial Paper A1+ 0.00 - 2.64 2.64
equal HDFC Bank 26/09/2022 Certificate of Deposit A1+ 0.00 - 2.63 2.63
new 7.25% SIDBI 31/07/2025 Debenture AAA 0.00 - 2.36 2.36
equal NTPC 91-D 29/08/2022 Commercial Paper A1+ 0.00 - 2.35 2.35
equal Canara Bank 2022 Certificate of Deposit A1+ 0.00 - 2.02 2.02
down 8.55% ICICI Bank Additional Tier 1 Bond AA+ 0.15 - 1.77 1.61
equal 9.37% State Bank of India Additional Tier 1 Bond AA+ 0.98 - 1.59 1.59
equal MTNL 2030 Debenture AAA 1.03 - 1.51 1.51
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.92 - 1.48 1.48
down 7.99% State Bank of India Additional Tier 2 Bond AAA 1.26 - 2.39 1.26
equal ICICI Securities 2027 Interest Rate Swap -- 0.00 - 1.18 1.18
equal Axis Bank 25/08/2022 Certificate of Deposit A1+ 0.00 - 1.17 1.17
new Export-Import Bank 91-D 26/08/2022 Certificate of Deposit A1+ 0.00 - 1.17 1.17
equal HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 1.17 1.17
equal Export-Import Bank 184-D 30/09/2022 Certificate of Deposit A1+ 0.00 - 1.17 1.17

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-Jul-2022

Fund Manager

— Chandni Gupta since 15-Jan-2015

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 17-Sep-2012

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:


0.24%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 26.4632

IDCW Weekly: ₹ 10.2522

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IDCW Quarterly: ₹ 10.6957

IDCW Half Yearly: ₹ 13.0183

IDCW Daily: ₹ 10.0679


Investment Strategy

The Scheme seeks to generate income through predominantly investing in Debt instruments of banks, Public Sector

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2010
Return Since Launch: 8.01%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 8,487 Cr (As on 31-Jul-2022)
Expense Ratio: 0.80% (As on 30-Jun-2022)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily17-Aug-20220.0237

 12-Aug-20220.0047
 11-Aug-20220.0090
 10-Aug-20220.0047
 02-Aug-20220.0005
 01-Aug-20220.0112
 29-Jul-20220.0017
 28-Jul-20220.0061
 27-Jul-20220.0028
 25-Jul-20220.0049
 22-Jul-20220.0022
 20-Jul-20220.0027
 18-Jul-20220.0004
 15-Jul-20220.0013
 14-Jul-20220.0043
 13-Jul-20220.0077
 12-Jul-20220.0044
 06-Jul-20220.0156
 04-Jul-20220.0041
 26-Apr-20220.0020
 25-Apr-20220.0117
 31-Mar-20220.0082
 30-Mar-20220.0041
 29-Mar-20220.0012
 28-Mar-20220.0046
IDCW Weekly17-Aug-20220.0435

 01-Aug-20220.0221
 25-Jul-20220.0100
 18-Jul-20220.0238
 11-Jul-20220.0107
 04-Jul-20220.0053
 02-May-20220.0008
 25-Apr-20220.0234
 18-Apr-20220.0003
 04-Apr-20220.0021
 28-Mar-20220.0160
 21-Mar-20220.0057
 28-Feb-20220.0041
 14-Feb-20220.0067
 13-Dec-20210.0059
 06-Dec-20210.0110
 22-Nov-20210.0148
 15-Nov-20210.0246
 08-Nov-20210.0106
 01-Nov-20210.0067
 25-Oct-20210.0054
 20-Sep-20210.0375
 13-Sep-20210.0099
 06-Sep-20210.0284
 30-Aug-20210.0220
IDCW Quarterly18-Jul-20220.0428

 29-Mar-20220.0449
 28-Dec-20210.0702
 28-Sep-20210.1811
 28-Jun-20210.1900
 28-Dec-20200.2541
 21-Sep-20200.7017
 26-Dec-20190.1493
 26-Sep-20190.2002
 26-Jun-20190.2006
 28-Mar-20190.1420
 26-Dec-20180.1560
 26-Sep-20180.1037
 27-Jun-20180.0085
 27-Mar-20180.0915
 27-Dec-20170.0249
 28-Sep-20170.1073
 30-Jun-20170.2249
 29-Mar-20170.0524
 29-Dec-20160.1667
 28-Sep-20160.2807
 28-Jun-20160.1765
 28-Mar-20160.1593
 28-Dec-20150.1446
 28-Sep-20150.1764
IDCW Half Yearly21-Feb-20220.2309

 23-Aug-20210.3110
 22-Feb-20210.3277
 17-Aug-20200.5778
 20-Feb-20200.4399
 19-Aug-20190.5433
 18-Feb-20190.3002
 16-Aug-20180.0004
 16-Feb-20180.0004
 16-Aug-20170.0004
 16-Feb-20170.0004
 16-Aug-20160.0004
 15-Feb-20160.0004
 13-Aug-20150.2486

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

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

Fax: 022-26528100

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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