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4 star

ICICI Prudential Savings Fund - Direct Plan


Debt: Low Duration

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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(₹)
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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 1.64 0.02 0.12 0.57 1.48 2.00 6.66 7.91 7.78 8.13 --
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 --
Debt: Low Duration 1.90 0.03 0.12 0.42 1.42 2.11 8.37 5.45 6.23 6.89 --
Rank within category 22 24 14 1 7 14 8 4 4 2 --
Number of funds in category 24 24 24 24 24 24 24 24 23 21 0

As on 14-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 - Direct Plan  | Invest Now
4 star
Jan-13 6.66 7.91 7.78 0.42 30,234
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.16 7.95 7.81 0.44 24,543
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 6.57 8.22 8.04 0.40 16,526
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
5 star
Jan-13 6.56 8.20 8.26 0.39 12,765
Axis Treasury Advantage Fund - Direct Plan
4 star
Jan-13 5.75 7.79 7.65 0.29 10,158

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.72 24-Mar-2020 - 31-Mar-2020 -1.12 12-Mar-2020 - 19-Mar-2020
Month 2.26 24-Mar-2020 - 23-Apr-2020 -1.45 25-Feb-2020 - 26-Mar-2020
Quarter 4.54 26-Mar-2020 - 25-Jun-2020 -0.07 24-Dec-2019 - 24-Mar-2020
Year 10.54 24-Jul-2013 - 24-Jul-2014 6.28 25-Sep-2017 - 25-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.65 1.13 2.96 5.54 0.67 3.87
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Low Duration 5.54 4.24 1.71 3.08 -0.53 0.84
Rank within category 4 9 8 8 14 8
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 01-Jan-2013

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:


0.02%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 424.7595

IDCW Weekly: ₹ 105.4793

More

IDCW Quarterly: ₹ 106.4486

IDCW Others: ₹ 155.7606

IDCW Monthly: ₹ 101.9203

IDCW Fortnightly: ₹ 101.9334

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 (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.42%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 30,234 Cr (As on 31-May-2021)
Expense: 0.42% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-Jun-20210.0171

 11-Jun-20210.0227
 10-Jun-20210.0186
 09-Jun-20210.0530
 08-Jun-20210.0147
 07-Jun-20210.0658
 04-Jun-20210.0213
 03-Jun-20210.0661
 02-Jun-20210.0102
 01-Jun-20210.0215
 28-May-20210.0160
 27-May-20210.0050
 25-May-20210.0423
 24-May-20210.0349
 21-May-20210.0214
 20-May-20210.0165
 19-May-20210.0270
 18-May-20210.0263
 17-May-20210.0956
 14-May-20210.0007
 11-May-20210.0455
 10-May-20210.0885
 05-May-20210.0118
 03-May-20210.0735
 30-Apr-20210.0305
IDCW Weekly14-Jun-20210.1258

 07-Jun-20210.1898
 31-May-20210.0581
 24-May-20210.1258
 17-May-20210.1416
 10-May-20210.1001
 03-May-20210.1796
 26-Apr-20210.1725
 19-Apr-20210.0603
 12-Apr-20210.0098
 05-Apr-20210.0465
 30-Mar-20210.1186
 08-Mar-20210.0042
 01-Mar-20210.0504
 22-Feb-20210.0357
 15-Feb-20210.1139
 08-Feb-20210.0218
 11-Jan-20210.0594
 04-Jan-20210.1760
 28-Dec-20200.1568
 21-Dec-20200.1462
 14-Dec-20200.0933
 07-Dec-20200.1804
 01-Dec-20200.2243
 23-Nov-20200.1994
IDCW Monthly31-May-20210.4814

 30-Apr-20210.4374
 31-Mar-20210.0830
 26-Feb-20210.1497
 29-Jan-20210.2241
 30-Dec-20200.6344
 27-Nov-20200.7397
 29-Oct-20200.7398
 30-Sep-20200.5943
 28-Aug-20200.2973
 30-Jul-20200.6540
 30-Jun-20200.9396
 29-May-20201.6726
 30-Apr-20200.2161
 30-Mar-20200.0644
 27-Feb-20200.5137
 30-Jan-20200.4839
 30-Dec-20190.3153
 28-Nov-20190.5438
 29-Oct-20190.6957
 27-Sep-20190.3446
 29-Aug-20190.5317
 30-Jul-20190.7557
 27-Jun-20190.3901
 30-May-20190.6702
IDCW Fortnightly28-May-20210.2743

 14-May-20210.2115
 30-Apr-20210.3202
 15-Apr-20210.0610
 30-Mar-20210.1388
 26-Feb-20210.0625
 15-Feb-20210.0872
 29-Jan-20210.0508
 15-Jan-20210.1732
 30-Dec-20200.3278
 15-Dec-20200.3058
 27-Nov-20200.3775
 17-Nov-20200.3609
 29-Oct-20200.1946
 15-Oct-20200.5443
 30-Sep-20200.2762
 15-Sep-20200.3173
 28-Aug-20200.0357
 14-Aug-20200.2334
 30-Jul-20200.0521
 15-Jul-20200.6854
 30-Jun-20200.9449
 15-Jun-20200.2949
 29-May-20200.8913
 15-May-20200.7809
IDCW Quarterly25-Mar-20210.2174

 28-Dec-20202.1537
 21-Sep-20201.7019
 26-Jun-20204.4025
 26-Mar-20200.1044
 26-Dec-20191.4488
 27-Sep-20191.7157
 27-Jun-20191.5440
 28-Mar-20191.4678
 28-Dec-20181.5503
 27-Sep-20181.2266
 27-Jun-20180.9707
 27-Mar-20181.1847
 27-Dec-20170.9763
 27-Sep-20171.2917
 30-Jun-20171.3482
 31-Mar-20171.3239
 29-Dec-20161.4309
 29-Sep-20161.7041
 29-Jun-20161.6611
 29-Mar-20161.4116
 29-Dec-20151.4149
 28-Sep-20151.4514
 26-Jun-20151.5802
 26-Mar-20151.4866
IDCW Others24-Mar-202114.0643

 24-Sep-20145.3862

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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DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM