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4 star

ICICI Prudential Savings Fund


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

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 6.26 0.00 0.10 0.48 1.84 6.48 8.58 7.91 8.15 8.51 8.71
CCIL T Bill Liquidity Weight 2.49 0.02 0.04 0.19 0.54 1.61 3.46 3.99 4.17 4.65 4.76
Debt: Low Duration 4.83 0.01 0.10 0.40 3.53 6.16 6.58 5.06 6.09 6.77 7.43
Rank within category 2 19 7 4 9 3 3 1 1 1 1
Number of funds in category 25 25 25 25 25 25 25 25 24 22 19

As on 25-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Savings Fund  | Invest Now
4 star
Sep-02 8.58 7.91 8.15 0.55 19,725
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 8.05 7.56 7.66 1.22 14,808
SBI Magnum Low Duration Fund  | Invest Online
5 star
Jul-07 7.38 7.51 7.63 1.07 10,361
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 8.57 7.82 8.09 1.12 9,297
Axis Treasury Advantage Fund  | Invest Online
5 star
Oct-09 7.91 7.79 7.77 0.61 7,439

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.17 (23-Feb-2003 - 02-Mar-2003) -4.62 (05-Feb-2003 - 12-Feb-2003)
Month 5.03 (10-Mar-2003 - 09-Apr-2003) -6.84 (14-Jan-2003 - 13-Feb-2003)
Quarter 8.98 (23-Oct-2002 - 22-Jan-2003) -2.04 (12-May-2004 - 11-Aug-2004)
Year 18.84 (16-Oct-2002 - 16-Oct-2003) -0.80 (16-Oct-2003 - 15-Oct-2004)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.65 1.10 2.28 4.87 0.23 2.78
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Low Duration 5.15 4.37 1.06 2.22 -0.82 -0.94
Rank within category 1 8 6 6 10 9
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 176 191 152 55
Modified Duration (yrs) 0.92 1.06 0.71 0.78
Average Maturity (yrs) 1.27 1.27 0.94 0.91
Yield to Maturity (%) 4.97 7.23 4.97 4.92
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 Reliance Industries 364-D 10/03/2021 Commercial Paper A1+ 0.00 - 6.17 5.60
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 4.31 - 5.59 5.14
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 3.05 3.05
equal SIDBI 16/03/2021 Commercial Paper A1+ 0.00 - 2.76 2.49
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 1.05 - 2.61 2.47
equal 7.80% GOI 2021 Central Government Loan SOV 0.00 - 3.75 2.37
equal 7.59% GOI 2026 GOI Securities SOV 0.00 - 1.97 1.97
down 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 1.94 - 2.62 1.94
equal 8.90% Bharti Telecom 17/02/2022 Non Convertible Debenture AA+ 0.00 - 2.05 1.92
equal Tata Motors 138-D 09/09/2020 Commercial Paper A1+ 0.00 - 1.97 1.77
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.36 - 1.89 1.74
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 2.44 1.69
equal 7.91% Tata Capital Housing Finance 2021 Non Convertible Debenture AAA 1.33 - 1.73 1.55
equal HDFC 357-D 24/02/2021 Commercial Paper A1+ 0.00 - 1.64 1.49
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.00 - 1.50 1.44
equal National Bank Agr. Rur. Devp 14/01/2021 Commercial Paper A1+ 0.00 - 1.61 1.38
equal 8.75% Axis Bank Bonds/Debentures AA+ 0.34 - 1.31 1.31
equal 6.77% HDFC 28/06/2021 Non Convertible Debenture AAA 0.00 - 1.43 1.29
equal 8.50% Vedanta 15/06/2021 Non Convertible Debenture AA 1.11 - 1.40 1.24
equal Adani Ports and Special Economic Zone 232-D 17/03/2021 Commercial Paper A1+ 0.00 - 1.24 1.24
equal 7.00% GOI 21/01/2021 GOI Securities SOV 0.00 - 1.16 1.16
equal 8.80% LIC Housing Fin. 24/12/2020 Debenture AAA 0.00 - 1.30 1.15
equal Bahadur Chand Investments 2024 Zero Coupon Bonds AA 0.00 - 1.28 1.15
equal 7.60% Grasim Industries 2024 Non Convertible Debenture AAA 0.89 - 1.16 1.07
equal 8.25% Bharti Telecom 17/03/2021 Debenture AA+ 0.00 - 1.18 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 31-Aug-2020

Fund Manager

— Rohan Maru since 16-Sep-2013

Education: Mr. Maru is M.Com and MBA in Finance.

Experience: Prior to this, he worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.

Funds Managed:


0.00%

Change from previous, NAV as on 25-Sep-2020

Growth: ₹ 405.4558

Dividend Weekly: ₹ 105.4887

More

Dividend Quarterly: ₹ 104.6259

Dividend Others: ₹ 162.0088

Dividend Monthly: ₹ 102.0966

Dividend Fortnightly: ₹ 101.8025

Dividend Daily: ₹ 105.7358


Investment Strategy

The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 27-Sep-2002
Return Since Launch: 8.08%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 19,725 Cr (As on 31-Aug-2020)
Expense: 0.55% (As on 31-Aug-2020)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily25-Sep-20200.0026

 24-Sep-20200.0093
 23-Sep-20200.0212
 22-Sep-20200.0230
 21-Sep-20200.0504
 18-Sep-20200.0096
 04-Sep-20200.0214
 03-Sep-20200.0411
 02-Sep-20200.0232
 01-Sep-20200.1489
 31-Aug-20200.0814
 20-Aug-20200.0336
 19-Aug-20200.0062
 18-Aug-20200.0233
 17-Aug-20200.0369
 14-Aug-20200.0334
 13-Aug-20200.0109
 11-Aug-20200.0314
 10-Aug-20200.0465
 07-Aug-20200.0141
 05-Aug-20200.0156
 04-Aug-20200.0236
 03-Aug-20200.0340
 31-Jul-20200.0572
 30-Jul-20200.0124
Dividend Quarterly21-Sep-20201.6743

 26-Jun-20204.3735
 26-Mar-20200.0888
 26-Dec-20191.4313
 27-Sep-20191.6977
 27-Jun-20191.5186
 28-Mar-20191.4403
 28-Dec-20181.5221
 27-Sep-20181.1990
 27-Jun-20180.9431
 27-Mar-20181.1602
 27-Dec-20170.9527
 27-Sep-20171.2681
 30-Jun-20171.3243
 31-Mar-20171.2999
 29-Dec-20161.4069
 29-Sep-20161.6796
 29-Jun-20161.6398
 29-Mar-20161.3913
 29-Dec-20151.3961
 28-Sep-20151.4322
 26-Jun-20151.5615
 26-Mar-20151.4682
 26-Dec-20141.4660
 30-Sep-20141.5631
Dividend Weekly21-Sep-20200.0755

 07-Sep-20200.2184
 31-Aug-20200.1441
 17-Aug-20200.1123
 10-Aug-20200.0996
 03-Aug-20200.1038
 27-Jul-20200.0125
 20-Jul-20200.1765
 13-Jul-20200.3849
 06-Jul-20200.3895
 29-Jun-20200.3661
 22-Jun-20200.5405
 15-Jun-20200.1789
 08-Jun-20200.0940
 01-Jun-20200.0229
 26-May-20200.7827
 18-May-20200.4553
 11-May-20200.3292
 04-May-20200.0146
 20-Apr-20200.3436
 07-Apr-20200.0264
 30-Mar-20200.0084
 09-Mar-20200.0704
 24-Feb-20200.0507
 17-Feb-20200.1395
Dividend Fortnightly15-Sep-20200.3118

 28-Aug-20200.0314
 14-Aug-20200.2288
 30-Jul-20200.0462
 15-Jul-20200.6022
 30-Jun-20200.5523
 15-Jun-20200.2893
 29-May-20200.8836
 15-May-20200.7735
 30-Apr-20200.2082
 30-Mar-20200.0589
 27-Feb-20200.1093
 14-Feb-20200.3983
 30-Jan-20200.2312
 15-Jan-20200.2459
 30-Dec-20190.2215
 16-Dec-20190.0874
 28-Nov-20190.2250
 15-Nov-20190.3118
 29-Oct-20190.2858
 15-Oct-20190.4020
 27-Sep-20190.0148
 16-Sep-20190.3241
 29-Aug-20190.2636
 16-Aug-20190.2611
Dividend Monthly28-Aug-20200.2884

 30-Jul-20200.6478
 30-Jun-20201.1483
 29-May-20201.6689
 30-Apr-20200.2088
 30-Mar-20200.0588
 27-Feb-20200.5098
 30-Jan-20200.4793
 30-Dec-20190.3102
 28-Nov-20190.5396
 29-Oct-20190.6914
 27-Sep-20190.3401
 29-Aug-20190.5274
 30-Jul-20190.7513
 27-Jun-20190.3859
 30-May-20190.6628
 30-Apr-20190.4785
 27-Mar-20190.5867
 27-Feb-20190.3670
 30-Jan-20190.5582
 28-Dec-20180.5239
 29-Nov-20180.5688
 29-Oct-20180.5091
 27-Sep-20180.2505
 27-Aug-20180.4598
Dividend Others24-Sep-20142.4030

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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VR Helpline

What to do with your multi-cap funds

dateSaturday, 26-Sep-2020
time12:30 PM - 01:00 PM

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