ICICI Prudential Savings Fund

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Value Research Rating

3 star

Analyst’s Choice





₹490.0578 0.07%

As on 04-Mar-2024


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Calculate SIP Returns of ICICI Prudential Savings Fund

Upfront Investment

Monthly SIP Amount

Investment Duration


Risk info

This fund has Moderate risk.

Low to Moderate
Moderately High
Very High

As per SEBI's Riskometer.

Portfolio of ICICI Prudential Savings Fund

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of ICICI Prudential Savings Fund

Assets info

₹19,137 Cr

Exit Load (Days) info


Min. Investment (₹)


Min. Withdrawal (₹)


Min. SIP Investment (₹)


Min. No of Cheques


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.


"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."


Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for ICICI Prudential Savings Fund

ICICI Prudential Savings Fund is mandated to invest in bonds such that the duration of the portfolio is between six to twelve months, and therefore it is suitable to invest in for a similar time frame.

Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Savings Fund fund can be purchased from the website of ICICI Prudential Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of ICICI Prudential Savings Fund is ₹490.0578 as of 05-Mar-2024.

The AUM of ICICI Prudential Savings Fund Fund is ₹19,137 Cr as of 31-Jan-2024

The riskometer level of ICICI Prudential Savings Fund is Moderate. See More

Company Percentage of Portfolio

GOI GOI FRB 22/09/2033


GOI Sec 04/10/2028


State Bank of India CD 17/05/2024


LIC Housing Finance Ltd NCD 7.82 14/01/2026


GOI Sec 7.06 10/04/2028

See More

As of 31-Jan-2024, ICICI Prudential Savings Fund had invested 86.28% in Debt and 13.72% in Cash & Cash Eq. See More

ICICI Prudential Savings Fund is 21 years 5 months old. It has delivered 7.69% returns since inception. See More

Since Inception

No, There is no lock in period in ICICI Prudential Savings Fund.

The expense ratio of ICICI Prudential Savings Fund is 0.53.

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