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4 star

ICICI Prudential Banking & PSU Debt Fund


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
Fund -0.19 -0.01 0.05 -0.07 0.39 2.05 3.92 7.59 6.74 7.81 8.33
CCIL T Bill Liquidity Weight 0.11 0.00 0.03 0.16 0.52 1.02 2.06 3.08 3.49 3.90 4.42
Debt: Banking and PSU 0.04 0.01 0.05 0.11 0.61 1.71 3.68 7.58 6.99 7.53 8.13
Rank within category 20 19 12 19 21 3 9 11 13 5 2
Number of funds in category 22 22 22 22 22 22 21 17 15 13 3

As on 24-Jan-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 3.92 7.59 6.74 0.80% 12,802
IDFC Banking & PSU Debt Fund - Regular Plan
4 star
Mar-13 3.95 8.35 7.59 0.62% 18,236
Axis Banking & PSU Debt Fund
4 star
Jun-12 3.87 7.65 7.50 0.62% 15,960
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan  | Invest Online
4 star
Apr-08 3.93 7.98 7.12 0.70% 14,524
Kotak Banking and PSU Debt Fund Regular Plan  | Invest Online
4 star
Dec-98 4.01 8.19 7.42 0.77% 9,255

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 7.59 2.02 1.91 3.75 1.31 4.65
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Banking and PSU 7.47 2.44 1.66 3.43 2.34 5.15
Rank within category 10 4 5 5 1 14
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-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 117 163 106 74
Modified Duration (yrs) 3.85 3.87 1.56 2.16
Average Maturity (yrs) 9.26 9.26 2.66 2.82
Yield to Maturity (%) 5.82 6.15 4.82 5.16
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 GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 4.04 - 12.29 12.29
equal 6.76% GOI 22/02/2061 GOI Securities SOV 0.00 - 5.97 5.97
equal 6.89% Indian Railway Finance Corporation 19/07/2031 Debenture AAA 0.00 - 4.58 4.58
equal 6.67% GOI 17/12/2050 GOI Securities SOV 0.00 - 4.63 4.15
equal 8.85% HDFC Bank Additional Tier 1 Bond AA+ 3.10 - 3.64 3.64
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 2.74 - 3.27 3.27
new 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 2.95 2.95
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 2.45 - 3.08 2.93
up 9.95% Food Corporation of India 2022 Bonds AAA 1.20 - 2.92 2.92
up 6.10% GOI 2031 GOI Securities SOV 0.00 - 2.74 2.74
down 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 1.87 - 2.20 2.17
equal 6.65% Food Corporation of India 23/10/2030 Debenture AAA 0.00 - 2.14 2.14
equal 8.35% REC 13/03/2022 Debenture AAA 0.68 - 2.07 2.07
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 1.18 - 1.97 1.97
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 1.62 - 1.92 1.92
down 8.75% Axis Bank Additional Tier 1 Bond AA+ 1.62 - 3.55 1.92
equal 8.60% Export-Import Bank Additional Tier 1 Bond AA+ 1.40 - 1.85 1.85
equal 6.43% Chennai Petroleum Corporation 28/02/2023 Non Convertible Debenture AAA 1.53 - 1.82 1.82
equal 8.55% ICICI Bank Additional Tier 1 Bond AA+ 0.13 - 1.40 1.56
equal 6.39% National Bank Agr. Rur. Devp 2030 Debenture AAA 1.22 - 2.04 1.37
up National Bank Agr. Rur. Devp 171-D 31/01/2022 Commercial Paper A1+ 0.00 - 1.36 1.36
equal 8.45% REC 22/03/2022 Debenture AAA 1.09 - 1.26 1.26
new Hindustan Petroleum Corporation 90-D 08/02/2022 Commercial Paper A1+ 0.00 - 1.17 1.17
equal 6.63% Hindustan Petroleum Corporation 2031 Debenture AAA 0.00 - 2.24 1.16
down MTNL 2030 Debenture AAA 0.89 - 1.31 1.12

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-Dec-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 24-Jan-2022

Growth: ₹ 25.9215

IDCW Weekly: ₹ 10.2145

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IDCW Quarterly: ₹ 10.5635

IDCW Half Yearly: ₹ 12.9817

IDCW Daily: ₹ 10.0315


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: 8.21%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 12,802 Cr (As on 31-Dec-2021)
Expense: 0.80% (As on 31-Dec-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly28-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
 26-Jun-20150.1159
 26-Mar-20150.1667
IDCW Daily16-Dec-20210.0015

 15-Dec-20210.0014
 14-Dec-20210.0046
 13-Dec-20210.0092
 09-Dec-20210.0015
 08-Dec-20210.0029
 06-Dec-20210.0059
 02-Dec-20210.0014
 30-Nov-20210.0056
 25-Nov-20210.0041
 22-Nov-20210.0064
 18-Nov-20210.0016
 17-Nov-20210.0015
 16-Nov-20210.0016
 15-Nov-20210.0047
 12-Nov-20210.0018
 11-Nov-20210.0034
 09-Nov-20210.0011
 08-Nov-20210.0078
 03-Nov-20210.0031
 01-Nov-20210.0063
 28-Oct-20210.0015
 25-Oct-20210.0032
 22-Oct-20210.0020
 21-Oct-20210.0194
IDCW Weekly13-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
 23-Aug-20210.0187
 17-Aug-20210.0218
 09-Aug-20210.0002
 02-Aug-20210.0182
 26-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
IDCW Half Yearly23-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

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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