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Unrated

ICICI Prudential Long Term Bond Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.29 Lakh

Analyst's Choice?

Suitability:

Long Duration debt funds invest in bonds maturing in more than 7 years' time. They aim to earn slightly better returns than inflation and bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

We believe that equity funds, which invest your money in shares, are more suitable alternatives for such a long investment horizon because of their ability to earn much higher returns. They witness more severe ups and downs than Long Duration funds but the possibility of incurring a loss is substantially reduced if you invest for 7 years and above.

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 3.40 0.53 1.04 4.29 5.01 6.02 16.58 9.95 9.72 9.80 --
VR Bond 1.50 0.12 0.26 1.49 2.27 3.04 8.68 6.91 7.12 7.53 --
Debt: Long Duration 3.38 0.41 0.74 3.66 4.88 5.28 16.90 9.95 9.72 9.80 --
Rank within category 1 1 1 1 1 1 2 1 1 1 --
Number of funds in category 2 3 3 3 2 2 2 1 1 1 0

As on 14-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.59 (19-Aug-2013 - 26-Aug-2013) -4.82 (12-Aug-2013 - 19-Aug-2013)
Month 5.28 (19-Aug-2013 - 18-Sep-2013) -7.03 (19-Jul-2013 - 19-Aug-2013)
Quarter 9.60 (16-Apr-2019 - 16-Jul-2019) -11.70 (20-May-2013 - 19-Aug-2013)
Year 20.82 (26-Feb-2014 - 27-Feb-2015) -2.26 (17-May-2013 - 19-May-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.88 4.75 0.46 0.93 9.82 17.98
VR Bond 6.03 2.13 0.17 0.31 -- --
Debt: Long Duration 7.88 4.75 0.46 0.93 9.82 17.98
Rank within category 1 1 1 1 1 1
Number of funds in category 1 1 1 1 1 1

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 10 16 8 6
Modified Duration (yrs) 7.49 7.49 6.38 8.44
Average Maturity (yrs) 11.97 12.10 9.40 15.63
Yield to Maturity (%) 7.48 8.31 7.31 7.43

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 63.34 63.34
equal 8.62% National Bank Agr. Rur. Devp 14/03/2034 Debenture AAA 0.00 - 10.19 9.39
equal 8.24% Great Eastern Shipping Co. 2026 Debenture AA+ 6.68 - 7.83 6.91
equal 8.27% Nat. Highways Authority 28/03/2029 Debenture AAA 0.00 - 7.05 6.43
equal 8.30% REC 25/06/2029 Non Convertible Debenture AAA 0.00 - 6.33 6.33
equal 9.75% Jamnagar Utilities and Power 2024 Debenture AAA 4.46 - 5.62 4.54
equal 8.79% IRFC 2030 Bonds/NCDs AAA 0.28 - 0.31 0.29
equal 7.67% Tamilnadu State 22/03/2023 State Development Loan SOV 0.23 - 0.26 0.23
equal 8.75% IRFC 29/11/2026 Bonds AAA 0.08 - 0.09 0.08
equal 6.79% GOI 26/12/2029 GOI Securities SOV 0.00 - 3.73 0.06

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

— Manish Banthia since 16-Sep-2013

Education: Mr. Banthia is B.Com, CA and MBA

Experience: He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.

Funds Managed:


0.53%

Change from previous, NAV as on 14-Feb-2020

Growth: ₹ 71.2153

Dividend Yearly: ₹ 12.0468

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Dividend Quarterly: ₹ 12.6223

Dividend Half Yearly: ₹ 12.3749


Investment Strategy

The scheme seeks to generate regular returns by putting around 75 per cent of the investments in debt instruments, and the balance in money market instruments. The plan aims to maintain the optimum balance of yield , safety and liquidity.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.86%
Benchmark: NIFTY Long Duration Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 807 Cr (As on 31-Jan-2020)
Expense: 1.19% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly27-Dec-20190.0854

 27-Sep-20190.2749
 27-Jun-20190.5110
 28-Mar-20190.1026
 31-Dec-20180.5761
 28-Sep-20170.0668
 30-Jun-20170.4027
 31-Mar-20170.0101
 29-Dec-20160.2503
 30-Sep-20160.4852
 30-Jun-20160.2229
 29-Mar-20160.2735
 29-Dec-20150.0543
 28-Sep-20150.3103
 26-Jun-20150.1099
 26-Mar-20150.3046
 26-Dec-20140.5803
 26-Sep-20140.2083
 26-Jun-20140.4853
 26-Mar-20140.2176
 26-Dec-20130.2369
 26-Sep-20130.1808
 24-May-20130.4192
 26-Mar-20130.2108
Dividend Yearly10-Oct-20191.4329

 10-Oct-20180.0456
 10-Oct-20170.6940
 10-Oct-20161.0605
 09-Oct-20150.0004
Dividend Half Yearly27-Sep-20190.7084

 28-Mar-20190.6020
 28-Sep-20180.0083
 27-Sep-20170.4622
 31-Mar-20170.2247
 30-Sep-20160.7679
 30-Mar-20160.3239
 28-Sep-20150.2438
 26-Mar-20150.8269
 26-Sep-20140.6445
 26-Mar-20140.4212
 26-Sep-20130.1700
 24-May-20130.3787
 26-Mar-20130.1269

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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