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ICICI Prudential Savings Fund

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Debt: Low Duration

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1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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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 1.57 0.02 0.16 0.54 1.21 1.96 6.56 7.82 7.65 8.02 8.50
CCIL T Bill Liquidity Weight 0.86 0.02 0.05 0.20 0.51 0.97 2.16 3.59 3.79 4.24 4.62
Debt: Low Duration 1.65 0.02 0.13 0.37 1.25 1.95 7.92 5.00 5.76 6.43 7.35
Rank within category 16 6 1 1 15 6 6 1 1 1 1
Number of funds in category 24 24 24 24 24 24 24 24 23 21 19

As on 11-Jun-2021

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
5 star
 Sep-02 6.56 7.82 7.65 0.53 30,234
HDFC Low Duration Fund  | Invest Online
4 star
 Nov-99 6.53 7.33 7.13 1.04 24,543
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
 May-98 5.77 7.35 7.15 1.18 16,526
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
 Mar-08 5.80 7.43 7.46 1.19 12,765
Axis Treasury Advantage Fund
4 star
 Oct-09 5.46 7.45 7.21 0.61 10,158

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 7.53 1.13 2.86 5.35 0.67 3.75
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Low Duration 5.08 4.24 1.40 2.59 -0.52 0.38
Rank within category 1 9 2 5 14 3
Number of funds in category 24 24 24 24 24 24

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

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 183 185 144 61
Modified Duration (yrs) 1.13 1.13 0.55 --
Average Maturity (yrs) 3.88 3.88 1.06 --
Yield to Maturity (%) 4.76 6.06 4.30 --
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 0.00 - 19.43 16.02
equal 6.51% GOI 2024 GOI Securities SOV 0.00 - 7.65 6.05
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 4.99 3.95
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 3.21 - 5.40 3.21
new Panatone Finvest 277-D 11/02/2022 Commercial Paper A1+ 0.00 - 2.88 2.88
equal National Bank Agr. Rur. Devp 180-D 30/06/2021 Commercial Paper A1+ 0.00 - 2.07 1.65
new Reserve Bank of India 182-D 21/10/2021 Treasury Bills SOV 0.00 - 1.63 1.63
new Reserve Bank of India 182-D 28/10/2021 Treasury Bills SOV 0.00 - 1.63 1.63
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 1.63 - 2.59 1.63
new Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 1.63 1.63
new Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 1.63 1.63
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.40 - 3.05 1.53
equal 8.75% Axis Bank Additional Tier 1 Bond AA+ 0.12 - 1.51 1.42
equal 8.90% Bharti Telecom 17/02/2022 Non Convertible Debenture AA+ 1.23 - 2.00 1.23
new Punjab & Sind Bank 14/06/2021 Certificate of Deposit A1+ 0.00 - 1.21 1.21
equal Export-Import Bank 176-D 30/06/2021 Certificate of Deposit A1+ 0.00 - 1.47 1.17
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 1.09 - 1.78 1.09
equal Reliance Industries 120-D 25/06/2021 Commercial Paper A1+ 0.00 - 1.24 0.99
equal 5.93% Rajasthan State 2025 State Development Loan SOV 0.00 - 1.23 0.99
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.95 - 1.50 0.95
new National Bank Agr. Rur. Devp 176-D 01/06/2021 Commercial Paper A1+ 0.00 - 0.93 0.93
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 1.15 0.91
equal 7.59% GOI 2026 GOI Securities SOV 0.89 - 1.97 0.89
down 5.15% GOI 2025 GOI Securities SOV 0.00 - 2.16 0.87
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 1.09 0.86

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-May-2021

*As on 30-Apr-2021

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:

— Rohan Maru since 16-Sep-2013

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

Experience: Prior to joining ICICI Prudential Mutual Fund, he has worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.

Funds Managed:

Invest Now
0.02%

Change from previous, NAV as on 11-Jun-2021

Growth: ₹ 420.8696

IDCW Weekly: ₹ 105.5402

More

IDCW Quarterly: ₹ 106.2537

IDCW Others: ₹ 154.3410

IDCW Monthly: ₹ 101.9003

IDCW Fortnightly: ₹ 101.9125

IDCW 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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 27-Sep-2002
Return Since Launch: 7.98%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 30,234 Cr (As on 31-May-2021)
Expense: 0.53% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily11-Jun-20210.0224

 10-Jun-20210.0183
 09-Jun-20210.0527
 08-Jun-20210.0143
 07-Jun-20210.0648
 04-Jun-20210.0210
 03-Jun-20210.0658
 02-Jun-20210.0099
 01-Jun-20210.0203
 28-May-20210.0157
 27-May-20210.0044
 25-May-20210.0420
 24-May-20210.0339
 21-May-20210.0211
 20-May-20210.0162
 19-May-20210.0267
 18-May-20210.0260
 17-May-20210.0944
 11-May-20210.0451
 10-May-20210.0869
 05-May-20210.0112
 03-May-20210.0726
 30-Apr-20210.0302
 29-Apr-20210.0187
 28-Apr-20210.0136
IDCW Weekly07-Jun-20210.1875

 31-May-20210.0558
 24-May-20210.1236
 17-May-20210.1392
 10-May-20210.0979
 03-May-20210.1773
 26-Apr-20210.1702
 19-Apr-20210.0580
 12-Apr-20210.0077
 05-Apr-20210.0445
 30-Mar-20210.1115
 08-Mar-20210.0021
 01-Mar-20210.0481
 22-Feb-20210.0335
 15-Feb-20210.1117
 08-Feb-20210.0128
 11-Jan-20210.0572
 04-Jan-20210.1737
 28-Dec-20200.1545
 21-Dec-20200.1439
 14-Dec-20200.0911
 07-Dec-20200.1783
 01-Dec-20200.2217
 23-Nov-20200.1975
 17-Nov-20200.1618
IDCW Monthly31-May-20210.4719

 30-Apr-20210.4281
 31-Mar-20210.0729
 26-Feb-20210.1412
 29-Jan-20210.2149
 30-Dec-20200.6244
 27-Nov-20200.7308
 29-Oct-20200.7309
 30-Sep-20200.5841
 28-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
IDCW Fortnightly28-May-20210.2699

 14-May-20210.2074
 30-Apr-20210.3155
 15-Apr-20210.0560
 30-Mar-20210.1291
 26-Feb-20210.0592
 15-Feb-20210.0820
 29-Jan-20210.0465
 15-Jan-20210.1683
 30-Dec-20200.3232
 15-Dec-20200.3002
 27-Nov-20200.3744
 17-Nov-20200.3552
 29-Oct-20200.1902
 15-Oct-20200.5396
 30-Sep-20200.2716
 15-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
IDCW Quarterly25-Mar-20210.1917

 28-Dec-20202.1215
 21-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
IDCW Others24-Mar-202113.6708

 24-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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