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ICICI Prudential Savings Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Analyst's Choice?

Suitability:

Low Duration debt funds invest in bonds maturing in 6 months to 1 year time. 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 3 months maturity, from the one that invests in bonds maturing in 3-6 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 the next one 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 1.26 0.06 0.19 0.88 2.04 4.33 9.08 7.90 8.37 8.72 --
CCIL T Bill Liquidity Weight 0.48 0.03 0.06 0.31 0.87 1.81 4.05 4.13 4.45 4.77 --
Debt: Low Duration 0.88 0.05 0.04 0.79 1.38 2.99 2.63 5.74 6.81 7.51 --
Rank within category 8 4 2 9 5 5 4 5 3 2 --
Number of funds in category 26 26 26 26 26 26 26 26 24 22 0

As on 17-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.54 (29-Mar-2016 - 05-Apr-2016) -0.28 (01-Dec-2016 - 08-Dec-2016)
Month 1.33 (04-Nov-2016 - 06-Dec-2016) -0.10 (17-Apr-2018 - 17-May-2018)
Quarter 3.05 (24-Jul-2013 - 23-Oct-2013) 1.13 (02-Nov-2017 - 01-Feb-2018)
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 7.51 0.75 2.45 4.47 1.86 4.83
CCIL T Bill Liquidity Weight 4.06 0.27 -6.06 -10.48 -- --
Debt: Low Duration 5.53 3.25 1.01 1.99 1.94 2.97
Rank within category 6 5 5 5 12 7
Number of funds in category 25 25 25 24 25 25

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

As on 31-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 167 187 113 52
Modified Duration (yrs) 0.79 0.89 0.47 0.75
Average Maturity (yrs) 0.99 1.15 0.55 0.93
Yield to Maturity (%) 6.51 8.22 6.46 7.00

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 5.59 4.31
equal SIDBI 18/03/2020 Certificate of Deposit A1+ 0.00 - 4.38 2.64
equal 7.59% REC 13/03/2020 Debenture AAA 2.55 - 3.64 2.55
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 3.45 2.47
new Reserve Bank of India 63-D 17/03/2020 Treasury Bills SOV 0.00 - 2.40 2.40
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 2.22 2.22
equal 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 0.00 - 2.39 2.02
equal Larsen & Toubro 123-D 31/03/2020 Commercial Paper A1+ 0.00 - 2.09 1.98
equal 7.65% National Housing Bank 25/03/2022 Debenture AAA 0.00 - 2.01 1.67
new National Bank Agr. Rur. Devp 14/01/2021 Commercial Paper A1+ 0.00 - 1.57 1.57
equal Bharti Telecom 19/02/2020 Debenture AA+ 0.00 - 1.80 1.56
new Reserve Bank of India 70-D 17/03/2020 Treasury Bills SOV 0.00 - 1.54 1.54
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.28 - 1.55 1.47
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.28 - 1.67 1.44
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 0.00 - 1.56 1.34
equal 7.91% Tata Capital Housing Finance 2021 Non Convertible Debenture AAA 0.00 - 1.57 1.33
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 1.41 1.33
equal Bharti Telecom 29/05/2020 Non Convertible Debenture AA+ 0.00 - 1.60 1.33
equal 8.25% Bharti Airtel 20/04/2020 Non Convertible Debenture AA 1.33 - 1.74 1.33
equal Indusind Bank 26/08/2020 Certificate of Deposit A1+ 0.00 - 1.53 1.29
equal Bharti Telecom 19/05/2020 Non Convertible Debenture AA+ 0.00 - 1.29 1.22
equal 7.59% GOI 2026 GOI Securities SOV 0.00 - 1.22 1.16
equal Aditya Birla Fashion and Retail 20/04/2020 Debenture AA 1.15 - 1.40 1.15
equal 8.75% Nabha Power 28/02/2020 Debenture AAA 1.11 - 1.47 1.11
new 6.77% HDFC 28/06/2021 Non Convertible Debenture AAA 0.00 - 1.11 1.11

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-Jan-2020

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

Funds Managed:


0.06%

Change from previous, NAV as on 17-Feb-2020

Growth: ₹ 389.3018

Dividend Weekly: ₹ 105.4793

More

Dividend Quarterly: ₹ 105.8045

Dividend Others: ₹ 155.8004

Dividend Monthly: ₹ 101.7078

Dividend Fortnightly: ₹ 101.5225

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 (₹) 1
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.72%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 22,569 Cr (As on 31-Jan-2020)
Expense: 0.41% (As on 31-Jan-2020)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily17-Feb-20200.0467

 14-Feb-20200.0212
 13-Feb-20200.0349
 12-Feb-20200.0122
 11-Feb-20200.0260
 10-Feb-20200.0454
 07-Feb-20200.0419
 06-Feb-20200.1249
 05-Feb-20200.0156
 04-Feb-20200.0199
 03-Feb-20200.0639
 31-Jan-20200.0131
 30-Jan-20200.0017
 29-Jan-20200.0089
 28-Jan-20200.0149
 27-Jan-20200.0276
 24-Jan-20200.0314
 23-Jan-20200.0210
 22-Jan-20200.0310
 21-Jan-20200.0237
 20-Jan-20200.0410
 17-Jan-20200.0158
 16-Jan-20200.0274
 15-Jan-20200.0106
 13-Jan-20200.0299
Dividend Weekly17-Feb-20200.1409

 10-Feb-20200.2472
 03-Feb-20200.1023
 27-Jan-20200.1345
 20-Jan-20200.0946
 13-Jan-20200.1022
 06-Jan-20200.1469
 30-Dec-20190.0747
 23-Dec-20190.1591
 16-Dec-20190.0259
 02-Dec-20190.1381
 25-Nov-20190.1091
 18-Nov-20190.1696
 11-Nov-20190.0323
 04-Nov-20190.1854
 29-Oct-20190.1325
 22-Oct-20190.2060
 14-Oct-20190.1344
 07-Oct-20190.1794
 30-Sep-20190.0885
 16-Sep-20190.1293
 09-Sep-20190.1176
 03-Sep-20190.1516
 26-Aug-20190.1652
 19-Aug-20190.0609
Dividend Fortnightly14-Feb-20200.4028

 30-Jan-20200.2350
 15-Jan-20200.2500
 30-Dec-20190.2250
 16-Dec-20190.0911
 28-Nov-20190.2283
 15-Nov-20190.3163
 29-Oct-20190.2896
 15-Oct-20190.4071
 27-Sep-20190.0168
 16-Sep-20190.3289
 29-Aug-20190.2672
 16-Aug-20190.2654
 30-Jul-20190.2294
 15-Jul-20190.5278
 27-Jun-20190.1616
 14-Jun-20190.2293
 30-May-20190.4173
 15-May-20190.2539
 30-Apr-20190.1356
 15-Apr-20190.3156
 28-Mar-20190.2332
 15-Mar-20190.3995
 27-Feb-20190.1330
 15-Feb-20190.2426
Dividend Monthly30-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
 30-Apr-20190.4877
 27-Mar-20190.5938
 27-Feb-20190.3746
 30-Jan-20190.5669
 28-Dec-20180.5316
 29-Nov-20180.5769
 29-Oct-20180.5176
 27-Sep-20180.2592
 27-Aug-20180.4681
 27-Jul-20180.5163
 27-Jun-20180.4614
 30-May-20180.3237
 26-Apr-20180.3655
 23-Mar-20180.5022
 23-Feb-20180.3208
 30-Jan-20180.3573
Dividend Quarterly26-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
 26-Dec-20141.4834
 30-Sep-20141.5830
 30-Jun-20141.7607
 28-Mar-20141.5684
 31-Dec-20132.9719
Dividend Others24-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: 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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