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3 star

ICICI Prudential Banking & PSU Debt Fund


1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 2.16 -0.01 0.22 0.42 1.24 2.03 4.85 8.08 7.57 8.35 8.60
CCIL T Bill Liquidity Weight 1.17 0.01 0.07 0.22 0.54 1.06 2.12 3.49 3.72 4.17 4.58
Debt: Banking and PSU 1.85 0.01 0.11 0.56 1.13 1.99 4.26 8.35 7.61 8.04 8.42
Rank within category 3 20 2 19 7 12 3 13 10 4 2
Number of funds in category 21 22 22 22 22 21 19 17 14 13 3

As on 30-Jul-2021

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
3 star
Jan-10 4.85 8.08 7.57 0.80 14,345
IDFC Banking & PSU Debt Fund - Regular Plan
5 star
Mar-13 4.76 9.47 7.97 0.62 18,309
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan  | Invest Online
4 star
Apr-08 4.80 8.80 7.91 0.68 16,857
Axis Banking & PSU Debt Fund
4 star
Jun-12 4.56 8.72 8.01 0.62 16,496
Kotak Banking and PSU Debt Fund Regular Plan  | Invest Online
4 star
Dec-98 4.60 8.95 8.04 0.77 9,290

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 3.33 12-Jun-2017 - 12-Jun-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.96 1.99 1.88 3.66 1.11 4.57
CCIL T Bill Liquidity Weight 3.46 0.39 -1.92 -4.74 -- --
Debt: Banking and PSU 8.19 2.44 1.77 3.30 2.18 5.61
Rank within category 12 3 12 6 1 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 30-Jun-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 182 182 137 85
Modified Duration (yrs) 3.10 3.37 1.56 2.29
Average Maturity (yrs) 6.57 6.57 2.66 2.97
Yield to Maturity (%) 5.85 5.87 4.70 5.00
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 0.00 - 10.37 10.15
equal 8.75% Axis Bank Additional Tier 1 Bond AA+ 1.48 - 3.40 4.99
equal NTPC 182-D 09/08/2021 Commercial Paper A1+ 0.00 - 3.57 3.47
equal 8.85% HDFC Bank Additional Tier 1 Bond AA+ 2.82 - 3.36 3.29
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 2.70 - 3.13 2.91
new 6.67% GOI 17/12/2050 GOI Securities SOV 0.00 - 2.74 2.74
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 3.08 2.62
equal 6.63% Hindustan Petroleum Corporation 2031 Debenture AAA 0.00 - 2.16 2.08
new Export-Import Bank 181-D 21/12/2021 Certificate of Deposit A1+ 0.00 - 2.05 2.05
equal 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 0.00 - 2.12 2.04
new 6.76% GOI 22/02/2061 GOI Securities SOV 0.00 - 2.00 2.00
up 6.65% Food Corporation of India 23/10/2030 Debenture AAA 0.00 - 1.92 1.92
equal IDFC First Bank 28/09/2021 Certificate of Deposit A1+ 0.00 - 1.78 1.73
equal IDFC First Bank 29/09/2021 Certificate of Deposit A1+ 0.00 - 1.77 1.73
equal 7.99% State Bank of India 28/06/2029 Additional Tier 2 Bond AAA 1.62 - 1.91 1.73
equal 8.60% Export-Import Bank Additional Tier 1 Bond AA+ 1.38 - 1.71 1.66
equal 6.43% Chennai Petroleum Corporation 28/02/2023 Non Convertible Debenture AAA 1.51 - 1.78 1.64
equal 8.39% State Bank of India Additional Tier 1 Bond AA+ 1.11 - 1.53 1.47
equal 8.55% ICICI Bank Additional Tier 1 Bond AA+ 0.13 - 1.29 1.41
equal 5.35% National Housing Bank 2024 Debenture AAA 0.00 - 1.45 1.40
up MTNL 2030 Debenture AAA 0.00 - 1.31 1.31
equal 9.95% Food Corporation of India 2022 Bonds AAA 0.20 - 1.42 1.27
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 1.17 - 1.39 1.25
equal 6.39% National Bank Agr. Rur. Devp 2030 Debenture AAA 0.00 - 2.13 1.22
up Power Finance Corporation 358-D 30/07/2021 Commercial Paper A1+ 0.00 - 1.22 1.22

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-2021

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:


-0.01%

Change from previous, NAV as on 30-Jul-2021

Growth: ₹ 25.4569

IDCW Weekly: ₹ 10.2645

More

IDCW Quarterly: ₹ 10.6218

IDCW Half Yearly: ₹ 13.0588

IDCW Daily: ₹ 10.0780


Investment Strategy

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

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum 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: 8.40%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 14,345 Cr (As on 30-Jun-2021)
Expense: 0.80% (As on 30-Jun-2021)
Risk Grade: Below Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily29-Jul-20210.0015

 28-Jul-20210.0015
 27-Jul-20210.0008
 26-Jul-20210.0094
 20-Jul-20210.0014
 19-Jul-20210.0076
 13-Jul-20210.0060
 09-Jul-20210.0003
 07-Jul-20210.0019
 05-Jul-20210.0058
 01-Jul-20210.0042
 28-Jun-20210.0041
 24-Jun-20210.0022
 23-Jun-20210.0014
 22-Jun-20210.0015
 21-Jun-20210.0054
 17-Jun-20210.0037
 14-Jun-20210.0054
 10-Jun-20210.0014
 09-Jun-20210.0035
 08-Jun-20210.0007
 07-Jun-20210.0045
 04-Jun-20210.0015
 03-Jun-20210.0016
 02-Jun-20210.0017
IDCW Weekly26-Jul-20210.0095

 19-Jul-20210.0094
 14-Jun-20210.0217
 07-Jun-20210.0234
 24-May-20210.0158
 17-May-20210.0118
 10-May-20210.0100
 03-May-20210.0312
 26-Apr-20210.0215
 12-Apr-20210.0171
 05-Apr-20210.0121
 30-Mar-20210.0072
 11-Jan-20210.0054
 04-Jan-20210.0175
 28-Dec-20200.0138
 21-Dec-20200.0051
 07-Dec-20200.0180
 01-Dec-20200.0174
 23-Nov-20200.0193
 17-Nov-20200.0246
 09-Nov-20200.0135
 26-Oct-20200.0382
 19-Oct-20200.0176
 12-Oct-20200.0679
 05-Oct-20200.0091
IDCW Quarterly28-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
 26-Jun-20150.1159
 26-Mar-20150.1667
 26-Dec-20140.1983
 25-Sep-20140.1061
IDCW Half Yearly22-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

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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