This is a guest login. You can create a regular account or login to an existing one.

VR Logo

ICICI Prudential Banking & PSU Debt Fund


1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

This is a fund that invests mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 8.92 0.23 1.41 9.49 6.71 8.33 --
CCIL T Bill Liquidity Weight 4.21 0.30 0.89 4.41 4.19 4.52 --
Debt: Banking and PSU 9.09 0.16 1.51 9.81 7.19 7.93 --
Rank within category 16 6 16 15 14 5 --
Number of funds in category 17 19 18 17 15 13 2

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 3.10 (04-Nov-2016 - 06-Dec-2016) -2.03 (24-Jun-2013 - 24-Jul-2013)
Quarter 5.27 (25-Aug-2016 - 24-Nov-2016) -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 6.45 2.15 0.31 0.46 5.11 9.20
CCIL T Bill Liquidity Weight 4.11 0.25 -6.57 -10.84 -- --
Debt: Banking and PSU 7.08 2.09 0.74 1.43 4.95 9.57
Rank within category 16 12 16 16 10 13
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-Nov-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 114 114 78 69
Modified Duration (yrs) 2.81 2.82 1.26 2.72
Average Maturity (yrs) 4.44 4.48 1.73 3.54
Yield to Maturity (%) 6.96 8.52 6.96 6.69

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 11.20 11.20
equal 9.15% ICICI Bank Debenture AA+ 5.22 - 8.21 5.22
up 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 0.00 - 4.27 4.27
equal 8.85% HDFC Bank 31/12/2099 Bonds AA+ 0.00 - 4.81 4.10
equal 8.41% HUDCO 15/03/2029 Debenture AAA 0.00 - 4.73 3.29
down 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 4.80 3.13
equal 8.62% National Bank Agr. Rur. Devp 14/03/2034 Debenture AAA 0.00 - 4.36 3.06
equal 8.75% Axis Bank Bonds/Debentures AA+ 2.91 - 4.26 2.91
equal Bank of Baroda 17/03/2020 Certificate of Deposit A1+ 0.00 - 2.81 2.21
equal 9.00% State Bank of India 2021 Bonds AA+ 1.87 - 2.95 1.87
equal 8.75% Axis Bank 28/06/2022 Bonds AA+ 1.74 - 2.68 1.74
equal 8.58% HUDCO 14/02/2029 Debenture AAA 0.00 - 2.44 1.66
new 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 1.65 1.65
new 6.45% GOI 2029 GOI Securities SOV 0.00 - 1.60 1.60
equal Andhra Bank 2020 Certificate of Deposit A1+ 0.00 - 1.81 1.58
up Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 1.58 1.58
new Axis Bank 30/10/2020 Certificate of Deposit A1+ 0.00 - 1.52 1.52
equal 8.30% IRFC 25/03/2029 Debenture AAA 0.00 - 2.00 1.48
equal 8.24% National Bank Agr. Rur. Devp 22/03/2029 Debenture AAA 0.00 - 3.62 1.43
down 8.27% Nat. Highways Authority 28/03/2029 Debenture AAA 0.00 - 3.89 1.34
equal 8.03% Power Finance Corp. 2026 Bonds AAA 1.30 - 2.03 1.30
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 1.41 1.30
equal 8.02% National Housing Bank 31/01/2022 Debenture AAA 0.00 - 2.06 1.29
up 6.99% REC 31/12/2020 Debenture AAA 0.70 - 1.16 1.16
equal 8.37% REC 2028 Debenture AAA 0.82 - 1.61 1.06

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-Nov-2019

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:


-0.05%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 22.5568

Dividend Weekly: ₹ 10.1900

More

Dividend Quarterly: ₹ 10.6677

Dividend Half Yearly: ₹ 12.9981

Dividend Daily: ₹ 10.1670

Bonus: ₹ 15.4728


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
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 7,812 Cr (As on 30-Nov-2019)
Expense: 0.82% (As on 31-Oct-2019)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily09-Dec-20190.0088

 04-Dec-20190.0018
 03-Dec-20190.0034
 02-Dec-20190.0044
 29-Nov-20190.0016
 28-Nov-20190.0023
 27-Nov-20190.0023
 26-Nov-20190.0040
 25-Nov-20190.0049
 22-Nov-20190.0024
 20-Nov-20190.0033
 19-Nov-20190.0017
 18-Nov-20190.0048
 15-Nov-20190.0018
 14-Nov-20190.0038
 13-Nov-20190.0100
 07-Nov-20190.0042
 06-Nov-20190.0033
 04-Nov-20190.0041
 01-Nov-20190.0119
 31-Oct-20190.0013
 30-Oct-20190.0014
 29-Oct-20190.0053
 25-Oct-20190.0024
 24-Oct-20190.0010
Dividend Half Yearly19-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-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
 23-Oct-20130.0997
Dividend Weekly02-Dec-20190.0210

 25-Nov-20190.0184
 18-Nov-20190.0184
 04-Nov-20190.0276
 29-Oct-20190.0233
 22-Oct-20190.0204
 14-Oct-20190.0079
 07-Oct-20190.0060
 09-Sep-20190.0120
 03-Sep-20190.0066
 26-Aug-20190.0323
 13-Aug-20190.0018
 05-Aug-20190.0162
 29-Jul-20190.0015
 22-Jul-20190.0028
 15-Jul-20190.0413
 08-Jul-20190.0637
 01-Jul-20190.0003
 24-Jun-20190.0156
 17-Jun-20190.0233
 03-Jun-20190.0302
 27-May-20190.0488
 20-May-20190.0336
 13-May-20190.0055
 02-Apr-20190.0418

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: 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

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM