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Unrated

ICICI Prudential Long Term Bond Fund - Direct Plan


Debt: Long Duration

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Long Duration debt funds invest mainly in bonds maturing in more than seven years. They aim to earn better returns than 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 can be fairly volatile in response to changes in interest rates.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with a long investment horizon of seven years or more may consider investing at least some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss is substantially reduced if you invest for seven years and more.

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 11.38 -0.19 0.28 0.83 3.59 3.49 11.99 10.38 10.57 11.08 --
VR Bond 6.95 0.04 0.01 0.50 1.85 2.40 7.41 7.13 7.21 7.79 --
Debt: Long Duration 11.73 0.02 0.34 0.68 3.36 4.34 12.61 10.38 10.57 11.08 --
Rank within category 2 4 3 2 1 2 2 1 1 1 --
Number of funds in category 2 4 4 4 4 3 2 1 1 1 0

As on 27-Nov-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Long Term Bond Fund - Direct Plan  | Invest Now
Unrated
Jan-13 11.99 10.38 10.57 1.40 854
Nippon India Nivesh Lakshya Fund - Direct Plan  | Invest Online
Unrated
Jul-18 13.24 -- -- 0.22 1,623
BHARAT Bond FOF - April 2030 - Direct Plan  | Invest Online
Unrated
Dec-19 -- -- -- 0.05 1,584
BHARAT Bond FOF - April 2031 - Direct Plan  | Invest Online
Unrated
Jul-20 -- -- -- 0.05 1,153

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 5.35 (08-Apr-2020 - 08-May-2020) -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 9.63 4.73 0.99 2.07 5.39 10.47
VR Bond 6.75 2.09 0.85 1.51 -- --
Debt: Long Duration 9.63 4.73 0.99 2.07 5.39 10.47
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-Oct-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 11 12 10 7
Modified Duration (yrs) 7.87 7.96 7.06 7.74
Average Maturity (yrs) 12.11 12.20 11.38 12.64
Yield to Maturity (%) 6.42 7.48 6.38 6.55
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
down 7.57% GOI 17/06/2033 GOI Securities SOV 39.75 - 67.52 44.66
down 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 37.06 26.24
equal 8.24% Great Eastern Shipping Co. 2026 Debenture AA+ 5.06 - 6.91 6.76
new 6.22% GOI 16/03/2035 GOI Securities SOV 0.00 - 5.86 5.86
equal 8.27% Nat. Highways Authority 28/03/2029 Debenture AAA 4.35 - 6.43 5.58
down 8.62% National Bank Agr. Rur. Devp 14/03/2034 Debenture AAA 4.00 - 9.39 5.06
equal 6.79% GOI 26/12/2029 GOI Securities SOV 0.00 - 0.62 0.62
new 6.68% GOI 17/09/2031 GOI Securities SOV 0.00 - 1.03 0.61
equal 8.79% IRFC 2030 Bonds/NCDs AAA 0.22 - 0.29 0.29
equal 7.67% Tamilnadu State 22/03/2023 State Development Loan SOV 0.17 - 0.23 0.23
equal 8.75% IRFC 29/11/2026 Bonds AAA 0.06 - 0.08 0.08

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-Oct-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:


-0.19%

Change from previous, NAV as on 27-Nov-2020

Growth: ₹ 76.7133

Dividend Yearly: ₹ 12.9768

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Dividend Quarterly: ₹ 12.8796

Dividend Half Yearly: ₹ 12.2882


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

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.87%
Benchmark: NIFTY Long Duration Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 854 Cr (As on 31-Oct-2020)
Expense: 1.40% (As on 31-Oct-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly30-Sep-20200.5272

 27-Mar-20200.3370
 27-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
Dividend Quarterly29-Sep-20200.5588

 27-Mar-20200.0963
 27-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
Dividend Yearly10-Oct-20191.4329

 10-Oct-20180.0456
 10-Oct-20170.6940
 10-Oct-20161.0605
 09-Oct-20150.0004

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

Last Session

VR Helpline

Critical Investment Decisions

dateSaturday, 28-Nov-2020
time04:00 PM - 04:30 PM

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