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1 star

ICICI Prudential Banking & PSU Debt Fund


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 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
Fund 8.05 0.01 0.32 1.45 1.58 6.43 9.84 7.87 8.51 8.95 8.93
CCIL T Bill Liquidity Weight 2.75 0.01 0.07 0.25 0.62 1.30 3.29 3.95 4.14 4.57 4.76
Debt: Banking and PSU 8.74 -0.03 0.20 1.38 1.49 6.02 10.02 8.45 8.40 8.75 8.76
Rank within category 16 2 3 8 7 9 13 14 10 4 2
Number of funds in category 19 21 20 20 20 19 19 16 14 10 3

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 Banking & PSU Debt Fund  | Invest Now
1 star
Jan-10 9.84 7.87 8.51 0.83 13,200
IDFC Banking & PSU Debt Fund - Regular Plan
5 star
Mar-13 10.87 9.43 8.59 0.65 18,980
Axis Banking & PSU Debt Fund
5 star
Jun-12 9.62 9.16 8.66 0.62 17,591
Kotak Banking and PSU Debt Fund Regular Plan  | Invest Online
4 star
Dec-98 10.76 8.92 8.81 0.74 9,277
Nippon India Banking & PSU Debt Fund  | Invest Online
4 star
May-15 10.95 8.94 8.77 0.80 6,429

Best & Worst Performance

Best (Period) Worst (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) 3.33 (12-Jun-2017 - 12-Jun-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.26 2.16 1.02 1.93 1.33 3.74
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Banking and PSU 7.94 2.36 1.32 2.65 2.24 5.48
Rank within category 16 7 16 16 2 17
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 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 150 150 90 82
Modified Duration (yrs) 3.37 3.41 2.36 --
Average Maturity (yrs) 4.78 4.84 3.63 --
Yield to Maturity (%) 5.74 7.51 5.55 --
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 - 12.46 12.46
up 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 5.54 5.54
down 7.57% GOI 17/06/2033 GOI Securities SOV 4.20 - 14.07 4.20
down 5.77% GOI 2030 GOI Securities SOV 0.00 - 4.56 4.08
equal Export-Import Bank 22/04/2021 Certificate of Deposit A1+ 0.00 - 5.11 3.71
equal 9.15% ICICI Bank Debenture AA+ 3.09 - 5.64 3.11
equal 8.85% HDFC Bank 31/12/2099 Bonds AA+ 3.04 - 4.88 3.08
equal 8.75% Axis Bank Bonds/Debentures AA+ 2.49 - 4.38 2.53
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 1.70 - 4.48 1.91
down Export-Import Bank 91-D 23/11/2020 Certificate of Deposit A1+ 0.00 - 3.36 1.88
equal 6.43% Chennai Petroleum Corp. 28/02/2023 Non Convertible Debenture AAA 0.00 - 2.68 1.78
equal 8.75% Axis Bank 28/06/2022 Bonds AA+ 1.27 - 1.87 1.73
new Chennai Petroleum Corp. 62-D 19/10/2020 Commercial Paper A1+ 0.00 - 1.70 1.70
equal 8.60% Export-Import Bank 30/04/2099 Bonds AA+ 0.80 - 2.01 1.62
equal NTPC 91-D 24/11/2020 Commercial Paper A1+ 0.00 - 1.51 1.51
equal Indusind Bank 25/02/2021 Certificate of Deposit A1+ 0.00 - 2.50 1.49
up 9.95% Food Corporation of India 2022 Bonds AAA 0.00 - 1.42 1.42
equal 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 3.45 1.39
equal 9.00% State Bank of India 2021 Bonds AA+ 1.32 - 2.34 1.35
equal 8.39% State Bank of India 25/10/2024 Bonds/Debentures AA+ 0.00 - 1.34 1.23
equal Indusind Bank 14/01/2021 Certificate of Deposit A1+ 0.00 - 1.89 1.12
new 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 0.00 - 1.10 1.10
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.00 - 1.34 0.99
down 7.49% Nat. Highways Authority 2029 Debenture AAA 0.00 - 1.69 0.94
equal 7.18% Tamilnadu State 26/07/2027 State Development Loan SOV 0.00 - 1.15 0.90

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

*As on 31-Aug-2020

Fund Manager

— Chandni Gupta since 15-Jan-2015

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 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:


0.01%

Change from previous, NAV as on 27-Oct-2020

Growth: ₹ 24.6367

Dividend Weekly: ₹ 10.2537

More

Dividend Quarterly: ₹ 10.7156

Dividend Half Yearly: ₹ 12.9624

Dividend Daily: ₹ 10.2148


Investment Strategy

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

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: 01-Jan-2010
Return Since Launch: 8.68%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 13,200 Cr (As on 30-Sep-2020)
Expense: 0.83% (As on 30-Sep-2020)
Risk Grade: Average
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily27-Oct-20200.0042

 26-Oct-20200.0045
 23-Oct-20200.0026
 22-Oct-20200.0016
 21-Oct-20200.0016
 20-Oct-20200.0066
 19-Oct-20200.0119
 15-Oct-20200.0016
 14-Oct-20200.0045
 13-Oct-20200.0018
 12-Oct-20200.0041
 09-Oct-20200.0029
 08-Oct-20200.0027
 07-Oct-20200.0031
 05-Oct-20200.0063
 01-Oct-20200.0016
 30-Sep-20200.0016
 29-Sep-20200.0149
 24-Sep-20200.0026
 22-Sep-20200.0018
 21-Sep-20200.0079
 16-Sep-20200.0041
 14-Sep-20200.0115
 09-Sep-20200.0050
 03-Sep-20200.0021
Dividend Weekly26-Oct-20200.0382

 19-Oct-20200.0176
 12-Oct-20200.0679
 05-Oct-20200.0091
 07-Sep-20200.0128
 03-Aug-20200.0122
 20-Jul-20200.0200
 13-Jul-20200.0624
 06-Jul-20200.0525
 29-Jun-20200.0332
 22-Jun-20200.0443
 15-Jun-20200.0174
 26-May-20200.1010
 18-May-20200.0741
 11-May-20200.0311
 24-Feb-20200.0046
 17-Feb-20200.0268
 10-Feb-20200.0468
 03-Feb-20200.0183
 27-Jan-20200.0196
 20-Jan-20200.0132
 13-Jan-20200.0072
 06-Jan-20200.0105
 30-Dec-20190.0126
 23-Dec-20190.0198
Dividend Quarterly21-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
 26-Jun-20150.1159
 26-Mar-20150.1667
 26-Dec-20140.1983
 25-Sep-20140.1061
 23-Jul-20140.1726
 23-Apr-20140.1777
Dividend Half Yearly17-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

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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