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1 star

ICICI Prudential Banking & PSU Debt Fund


Debt: Banking and PSU

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 6.50 -0.08 0.09 0.91 3.97 5.15 9.73 7.54 8.80 9.08 8.93
CCIL T Bill Liquidity Weight 2.20 0.01 0.05 0.18 0.64 1.81 3.71 4.06 4.27 4.78 4.78
Debt: Banking and PSU 7.25 -0.12 0.08 0.75 3.80 5.73 10.45 8.33 8.55 8.78 8.76
Rank within category 17 4 9 4 11 15 14 15 5 2 2
Number of funds in category 19 20 20 19 19 19 18 16 14 7 3

As on 06-Aug-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 9.73 7.54 8.80 0.82 12,096
IDFC Banking & PSU Debt Fund - Regular Plan
4 star
Mar-13 11.83 9.30 8.65 0.65 16,967
Axis Banking & PSU Debt Fund  | Invest Online
5 star
Jun-12 10.63 9.16 8.75 0.62 16,456
Kotak Banking and PSU Debt Fund Regular Plan  | Invest Online
4 star
Dec-98 11.02 8.75 8.88 0.75 7,146
Nippon India Banking & PSU Debt Fund  | Invest Online
4 star
May-15 11.44 8.65 8.89 0.80 5,211

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 7.45 2.11 1.06 2.09 0.71 3.08
CCIL T Bill Liquidity Weight 4.03 0.29 -4.08 -7.51 -- --
Debt: Banking and PSU 8.20 2.28 1.42 3.06 1.72 5.02
Rank within category 15 9 16 14 3 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 31-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 122 122 90 83
Modified Duration (yrs) 3.41 3.41 2.36 --
Average Maturity (yrs) 4.84 4.84 3.63 --
Yield to Maturity (%) 6.03 7.51 6.03 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 7.57% GOI 17/06/2033 GOI Securities SOV 0.33 - 14.07 9.43
up 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 6.49 6.49
new 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 4.27 4.27
equal Export-Import Bank 22/04/2021 Certificate of Deposit A1+ 0.00 - 5.11 4.00
equal 9.15% ICICI Bank Debenture AA+ 3.35 - 6.12 3.35
up 8.85% HDFC Bank 31/12/2099 Bonds AA+ 0.00 - 4.88 3.26
up 6.45% GOI 2029 GOI Securities SOV 0.00 - 3.20 3.20
new 5.79% GOI 2030 GOI Securities SOV 0.00 - 2.79 2.79
equal 8.75% Axis Bank Bonds/Debentures AA+ 2.72 - 4.38 2.73
down 6.19% IRFC 28/04/2023 Debenture AAA 0.00 - 4.32 2.34
new 7.59% GOI 2026 GOI Securities SOV 0.00 - 2.31 2.31
equal 5.80% National Housing Bank 15/05/2023 Debenture AAA 0.00 - 2.42 2.11
equal 6.43% Chennai Petroleum Corp. 28/02/2023 Non Convertible Debenture AAA 0.00 - 2.68 1.89
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 1.86 - 4.48 1.86
equal 8.60% Export-Import Bank 30/04/2099 Bonds AA+ 0.39 - 2.01 1.75
down 6.55% NTPC 17/04/2023 Debenture AAA 0.00 - 2.40 1.68
equal Indusind Bank 25/02/2021 Certificate of Deposit A1+ 0.00 - 2.50 1.59
down 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 3.45 1.52
equal 7.49% Nat. Highways Authority 2029 Debenture AAA 0.00 - 1.69 1.46
equal 9.00% State Bank of India 2021 Bonds AA+ 1.46 - 2.34 1.46
new 8.39% State Bank of India 25/10/2024 Bonds/Debentures AA+ 0.00 - 1.34 1.34
up 8.75% Axis Bank 28/06/2022 Bonds AA+ 1.27 - 2.05 1.32
new BPCL 90-D 29/07/2020 Commercial Paper A1+ 0.00 - 1.24 1.24
equal Indusind Bank 14/01/2021 Certificate of Deposit A1+ 0.00 - 1.89 1.20
down 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 0.00 - 4.60 1.14

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-Jun-2020

Fund Manager

— 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:


-0.08%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 24.2826

Dividend Weekly: ₹ 10.2505

More

Dividend Quarterly: ₹ 11.2630

Dividend Half Yearly: ₹ 13.3541

Dividend Daily: ₹ 10.2331


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: 8.73%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 12,096 Cr (As on 30-Jun-2020)
Expense: 0.82% (As on 30-Jun-2020)
Risk Grade: Average
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily05-Aug-20200.0017

 04-Aug-20200.0031
 03-Aug-20200.0061
 31-Jul-20200.0009
 30-Jul-20200.0008
 29-Jul-20200.0101
 24-Jul-20200.0046
 23-Jul-20200.0096
 20-Jul-20200.0070
 17-Jul-20200.0026
 16-Jul-20200.0049
 15-Jul-20200.0162
 13-Jul-20200.0059
 10-Jul-20200.0023
 09-Jul-20200.0030
 08-Jul-20200.0043
 07-Jul-20200.0030
 06-Jul-20200.0054
 03-Jul-20200.0034
 02-Jul-20200.0033
 01-Jul-20200.0024
 30-Jun-20200.0013
 29-Jun-20200.0055
 26-Jun-20200.0019
 25-Jun-20200.0052
Dividend Weekly03-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
 02-Dec-20190.0210
 25-Nov-20190.0184
 18-Nov-20190.0184
 04-Nov-20190.0276
 29-Oct-20190.0233
Dividend Half Yearly20-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
Dividend Quarterly26-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
 23-Jan-20140.1549

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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