1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.
They can be a viable option for the fixed-income allocation in your portfolio. However, we believe that retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.51 | -0.01 | 0.05 | 0.47 | 0.25 | 2.49 | 9.25 | 8.29 | 8.36 | 8.72 | -- |
CCIL T Bill Liquidity Weight | 0.54 | 0.02 | 0.02 | 0.20 | 0.49 | 0.99 | 2.47 | 3.65 | 3.86 | 4.33 | -- |
Debt: Floater | 0.60 | 0.00 | 0.01 | 0.73 | 0.57 | 2.17 | 8.32 | 7.93 | 7.85 | 8.21 | -- |
Rank within category | 6 | 5 | 3 | 8 | 6 | 2 | 3 | 2 | 1 | 1 | -- |
Number of funds in category | 8 | 10 | 10 | 9 | 8 | 7 | 7 | 5 | 5 | 5 | 0 |
As on 16-Apr-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
ICICI Prudential Floating Interest Fund - Direct Plan | Invest Now | Jan-13 | 9.25 | 8.29 | 8.36 | 0.68 | 13,125 | |
HDFC Floating Rate Debt Fund - Direct Plan | Invest Online | Jan-13 | 8.68 | 7.99 | 7.90 | 0.23 | 16,559 | |
Aditya Birla Sun Life Floating Rate Fund - Direct Plan | Invest Online | Jan-13 | 7.57 | 7.88 | 7.98 | 0.22 | 14,250 | |
Nippon India Floating Rate Fund - Direct Plan | Invest Online | Jan-13 | 9.74 | 8.52 | 8.15 | 0.24 | 13,114 | |
Kotak Floating Rate Fund - Direct Plan | Invest Online | May-19 | 9.81 | -- | -- | 0.22 | 4,049 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | Period | |
Week | 1.86 | 24-Mar-2020 - 31-Mar-2020 | -1.20 | 12-Mar-2020 - 19-Mar-2020 |
Month | 2.23 | 12-Jun-2020 - 13-Jul-2020 | -1.70 | 25-Feb-2020 - 26-Mar-2020 |
Quarter | 4.70 | 26-Mar-2020 - 25-Jun-2020 | -0.02 | 26-Dec-2019 - 26-Mar-2020 |
Year | 10.99 | 24-Mar-2020 - 25-Mar-2021 | 6.25 | 25-Sep-2017 - 25-Sep-2018 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 8.09 | 1.44 | 2.52 | 4.11 | -0.02 | 3.61 |
CCIL T Bill Liquidity Weight | 3.60 | 0.37 | -2.39 | -5.59 | -- | -- |
Debt: Floater | 7.72 | 1.27 | 2.67 | 3.96 | 0.69 | 3.85 |
Rank within category | 2 | 4 | 4 | 3 | 1 | 4 |
Number of funds in category | 5 | 5 | 5 | 5 | 5 | 5 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Mar-2021
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 143 | 143 | 86 | 93 |
Modified Duration (yrs) | 0.54 | 1.51 | 0.54 | -- |
Average Maturity (yrs) | 3.32 | 3.49 | 1.40 | -- |
Yield to Maturity (%) | 5.00 | 8.48 | 5.00 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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GOI 22/09/2033 | GOI Securities Floating Rate Bond | SOV | 0.00 - 30.06 | 30.06 |
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6.51% GOI 2024 | GOI Securities | SOV | 0.00 - 5.74 | 4.97 |
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5.09% GOI 13/04/2022 | GOI Securities | SOV | 0.00 - 7.18 | 4.61 |
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Embassy Office Parks REIT 2022 | Non Convertible Debenture | AAA | 2.61 - 5.74 | 2.77 |
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6.65% Motherson Sumi Systems 14/09/2023 | Non Convertible Debenture | AAA | 0.00 - 3.05 | 2.31 |
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7.99% State Bank of India | Additional Tier 2 Bond | AAA | 1.90 - 4.68 | 1.99 |
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8.75% Muthoot Finance 19/06/2021 | Bonds/NCDs | AA+ | 0.00 - 1.96 | 1.96 |
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8.50% Vedanta 15/06/2021 | Non Convertible Debenture | AA- | 0.00 - 2.24 | 1.91 |
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SRF 16/09/2022 | Non Convertible Debenture | AA+ | 0.00 - 2.54 | 1.90 |
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GOI 2031 | GOI Securities | SOV | 0.00 - 1.79 | 1.78 |
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National Bank Agr. Rur. Devp 180-D 30/06/2021 | Commercial Paper | A1+ | 0.00 - 1.85 | 1.51 |
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5.93% Rajasthan State 2025 | State Development Loan | SOV | 0.00 - 1.49 | 1.49 |
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6.58% Gujarat State 31/03/2027 | State Development Loan | SOV | 0.00 - 1.30 | 1.30 |
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6.43% Godrej Industries 26/04/2024 | Non Convertible Debenture | AA | 0.00 - 1.50 | 1.24 |
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6.18% Gujarat State 31/03/2026 | State Development Loan | SOV | 0.00 - 1.20 | 1.20 |
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7.27% GOI 2026 | GOI Securities | SOV | 0.48 - 2.07 | 1.19 |
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Muthoot Finance 2021 | Non Convertible Debenture | AA+ | 0.00 - 1.17 | 1.17 |
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7.50% Godrej Properties 31/07/2023 | Zero Coupon Bonds | AA | 0.00 - 1.96 | 1.15 |
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4.60% National Bank Agr. Rur. Devp 29/07/2024 | Debenture | AAA | 0.00 - 1.14 | 1.14 |
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6.40% Embassy Office Parks REIT 15/02/2024 | Debenture | AAA | 0.00 - 1.13 | 1.13 |
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10.99% Union Bank of India | Additional Tier 1 Bond | AA- | 0.00 - 1.09 | 1.09 |
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Tata Teleservices 364-D 11/03/2022 | Commercial Paper | A1+ | 0.00 - 1.08 | 1.08 |
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8.76% TMF Holdings | Non Convertible Debenture | AA- | 0.42 - 0.90 | 1.07 |
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7.73% State Bank of India | Additional Tier 1 Bond | AA+ | 0.00 - 1.76 | 0.99 |
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7.85% Oberoi Realty 2025 | Floating Rate Debenture | AA+ | 0.00 - 1.31 | 0.96 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Mar-2021
*As on 28-Feb-2021
— Nikhil Kabra since 03-Aug-2016
Education: Mr. Kabra is a B.Com and Chartered Accountant.
Experience: Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
Funds Managed:
— 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:
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The scheme seeks to generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.
Minimum Investment (₹) | 500 |
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 |
Fund House: | ICICI Prudential Mutual Fund |
Launch Date: | 01-Jan-2013 |
Return Since Launch: | 8.85% |
Benchmark: | CRISIL Low Duration Debt |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 13,125 Cr (As on 31-Mar-2021) |
Expense: | 0.68% (As on 28-Feb-2021) |
Risk Grade: | -- |
Return Grade: | -- |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Daily | 15-Apr-2021 | 0.0230 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Fortnightly | 30-Mar-2021 | 0.0823 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Weekly | 30-Mar-2021 | 0.0590 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Quarterly | 25-Mar-2021 | 0.2323 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Others | 24-Mar-2021 | 16.3114 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
IDCW Monthly | 26-Feb-2021 | 0.1327 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fund News - 27-Mar-2017
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