VR Logo

5 star

ICICI Prudential Savings Fund


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.11 0.01 0.13 0.11 0.40 1.86 3.72 6.90 6.97 7.55 8.16
CCIL T Bill Liquidity Weight* 0.09 0.01 0.06 0.18 0.52 1.04 2.10 3.09 3.50 3.91 4.43
Debt: Low Duration* 0.19 0.00 0.08 0.30 0.76 1.87 3.88 4.09 5.14 5.95 6.98

As on 17-Jan-2022

* As on 18-Jan-2022

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 3.72 6.90 6.97 0.52% 26,625
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 3.76 6.48 6.44 1.04% 19,527
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 3.80 6.35 6.51 1.23% 15,125
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 3.65 6.44 6.73 1.18% 10,161
Nippon India Low Duration Fund  | Invest Online
4 star
Mar-07 4.29 6.00 6.40 1.02% 9,905

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 6.81 1.21 2.54 5.54 0.90 3.62
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Low Duration 4.46 4.36 1.22 2.76 -0.84 0.22

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 146 165 113 56
Modified Duration (yrs) 0.90 1.13 0.55 0.66
Average Maturity (yrs) 5.09 5.09 2.22 0.87
Yield to Maturity (%) 4.81 5.01 4.46 4.84
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 8.64 - 27.58 27.58
equal 6.51% GOI 2024 GOI Securities SOV 4.94 - 7.65 6.96
up GOI 2028 GOI Securities SOV 0.00 - 4.51 4.51
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 2.73 - 3.99 3.60
equal Panatone Finvest 277-D 11/02/2022 Commercial Paper A1+ 0.00 - 3.36 3.36
equal 6.10% GOI 2031 GOI Securities SOV 0.00 - 3.20 3.20
equal HSBC 30/10/2023 Interest Rate Swap -- 0.00 - 1.88 1.88
equal National Bank Agr. Rur. Devp 171-D 31/01/2022 Commercial Paper A1+ 0.00 - 1.87 1.87
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 1.38 - 2.05 1.83
equal 6.79% GOI 15/05/2027 GOI Securities SOV 1.30 - 1.92 1.73
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 1.50 1.50
equal IDFC First Bank 2023 Interest Rate Swap -- 0.00 - 1.37 1.37
equal 8.90% Bharti Telecom 17/02/2022 Non Convertible Debenture AA+ 1.04 - 1.56 1.36
equal LIC Housing Fin. 196-D 07/02/2022 Commercial Paper A1+ 0.00 - 1.31 1.31
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.81 - 1.19 1.06
up GOI 2031 GOI Securities SOV 0.66 - 1.06 1.06
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.78 - 1.15 1.03
equal Bahadur Chand Investments 2024 Zero Coupon Bonds AA 0.63 - 0.94 0.85
equal 9.06% Cholamandalam Investment & Finance Company 2023 Non Convertible Debenture AA+ 0.00 - 0.79 0.79
equal 8.85% HDFC Bank Additional Tier 1 Bond AA+ 0.59 - 0.87 0.78
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.56 - 0.83 0.76
equal Barclays Investments & Loans 273-D 11/03/2022 Commercial Paper A1+ 0.00 - 0.75 0.75
equal 8.20% GOI 24/09/2025 Central Government Loan SOV 0.54 - 0.80 0.71
equal 9.45% John Deere Financial India 2022 Non Convertible Debenture AAA 0.51 - 0.76 0.66
equal 7.41% Nabha Power 20/04/2022 Non Convertible Debenture AAA 0.49 - 0.73 0.64

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

— 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:


0.01%

Change from previous, NAV as on 17-Jan-2022

Growth: ₹ 430.4621

IDCW Weekly: ₹ 105.4328

More

IDCW Quarterly: ₹ 105.3063

IDCW Others: ₹ 157.8588

IDCW Monthly: ₹ 101.7316

IDCW Fortnightly: ₹ 101.6481

IDCW Daily: ₹ 105.7340


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

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 100
Min. 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: 7.85%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 26,625 Cr (As on 31-Dec-2021)
Expense: 0.52% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly17-Jan-20220.0884

 13-Dec-20210.0109
 06-Dec-20210.0330
 22-Nov-20210.0798
 15-Nov-20210.0903
 25-Oct-20210.0708
 18-Oct-20210.0320
 11-Oct-20210.1048
 04-Oct-20210.1695
 27-Sep-20210.0363
 20-Sep-20210.1092
 13-Sep-20210.0694
 06-Sep-20210.0930
 30-Aug-20210.1783
 23-Aug-20210.1231
 17-Aug-20210.1768
 09-Aug-20210.1575
 02-Aug-20210.1401
 26-Jul-20210.1191
 19-Jul-20210.1610
 12-Jul-20210.0609
 05-Jul-20210.0518
 28-Jun-20210.1645
 21-Jun-20210.0415
 14-Jun-20210.1235
IDCW Fortnightly14-Jan-20220.0525

 15-Dec-20210.0763
 30-Nov-20210.0614
 15-Nov-20210.1711
 29-Oct-20210.0339
 14-Oct-20210.1399
 30-Sep-20210.2181
 15-Sep-20210.1848
 30-Aug-20210.3623
 13-Aug-20210.3161
 30-Jul-20210.2902
 15-Jul-20210.1844
 30-Jun-20210.1979
 15-Jun-20210.2688
 28-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
IDCW Monthly31-Dec-20210.0272

 30-Nov-20210.2325
 29-Oct-20210.1738
 30-Sep-20210.3842
 31-Aug-20210.6986
 30-Jul-20210.4751
 30-Jun-20210.4732
 31-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
IDCW Quarterly23-Dec-20210.7104

 23-Sep-20211.4425
 24-Jun-20211.1804
 25-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
IDCW Daily16-Dec-20210.0567

 14-Dec-20210.0114
 08-Dec-20210.0318
 07-Dec-20210.0016
 06-Dec-20210.0097
 25-Nov-20210.0059
 24-Nov-20210.0152
 23-Nov-20210.0023
 22-Nov-20210.0350
 18-Nov-20210.0175
 17-Nov-20210.0192
 16-Nov-20210.0083
 15-Nov-20210.0294
 11-Nov-20210.0612
 25-Oct-20210.0078
 22-Oct-20210.0127
 21-Oct-20210.0169
 20-Oct-20210.0076
 13-Oct-20210.0202
 12-Oct-20210.0379
 11-Oct-20210.0540
 08-Oct-20210.0338
 07-Oct-20210.0172
 04-Oct-20210.0294
 01-Oct-20210.0305
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

Upcoming Video

Investors' Hangout

Investment ideas for 2022

DateFriday, 21-Jan-2022
Time12:30 PM - 01:00 PM

attending You have reserved a spot