ICICI Prudential Medium Term Bond Fund - Direct Plan

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Debt: Medium Duration

1 Lakh

Investment Grown to

₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to

₹ 1.27 Lakh

Suitability:

Medium Duration debt funds invest mainly in bonds maturing in about three to four 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 do not guarantee returns or safety of capital.

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 an investment horizon of more than three years may consider investing 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 reduces with an increase in one’s investment horizon.

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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Annual Returns

Quarterly Returns

Monthly Returns

Weekly Returns

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Amount (₹)

Start date

End date

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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	6.52	-0.13	0.22	1.32	4.41	4.78	11.09	7.89	8.90	9.66	--
VR Bond	5.95	-0.02	0.12	0.74	2.19	4.86	7.21	6.94	7.51	7.95	--
Debt: Medium Duration	4.18	-0.12	0.08	0.55	3.79	2.79	6.41	6.40	7.76	8.72	--
Rank within category	8	10	1	1	5	9	5	6	3	2	--
Number of funds in category	16	18	18	17	17	17	16	14	13	9	0

As on 06-Aug-2020

Peer Comparison

Fund name	Launch Date	1-Year Return	3-Year Return	5-Year Return	Expense Ratio	Assets (Cr)
ICICI Prudential Medium Term Bond Fund - Direct Plan \| Invest Now	Jan-13	11.09	7.89	8.90	0.98	4,864
SBI Magnum Medium Duration Fund - Direct Plan \| Invest Online	Jan-13	12.31	9.44	10.26	0.78	3,384
IDFC Bond Fund Medium Term Plan - Direct Plan	Jan-13	11.14	8.72	9.05	0.75	3,145
HDFC Medium Term Debt Fund - Direct Plan \| Invest Online	Jan-13	9.42	8.05	8.78	0.49	1,051
Axis Strategic Bond Fund - Direct Plan \| Invest Online	Jan-13	10.65	8.13	9.28	0.35	839

Best & Worst Performance

	Best (Period)	Worst (Period)
Week	2.87 (24-Mar-2020 - 31-Mar-2020)	-2.37 (12-Aug-2013 - 19-Aug-2013)
Month	3.41 (20-Aug-2013 - 19-Sep-2013)	-2.97 (17-Jun-2013 - 17-Jul-2013)
Quarter	5.24 (29-Apr-2020 - 29-Jul-2020)	-5.02 (20-May-2013 - 19-Aug-2013)
Year	14.58 (19-Aug-2013 - 19-Aug-2014)	4.12 (04-Oct-2017 - 04-Oct-2018)

Risk Measures (%)

	Mean	Std Dev	Sharpe	Sortino	Beta	Alpha
Fund	7.75	2.46	1.03	1.43	0.66	1.49
VR Bond	6.81	1.95	0.81	1.77	--	--
Debt: Medium Duration	5.53	4.48	0.50	1.05	0.56	-0.58
Rank within category	6	4	6	5	9	6
Number of funds in category	15	15	15	15	15	15

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

As on 31-Jul-2020

Portfolio Aggregates

	Fund	1Y High	1Y Low	Category
Number of Securities	87	103	75	33
Modified Duration (yrs)	3.27	3.53	1.87	--
Average Maturity (yrs)	4.69	5.02	2.58	--
Yield to Maturity (%)	8.40	9.91	8.19	--

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company	Instrument	Credit Rating	1Y Range	% Assets
6.45% GOI 2029	GOI Securities	SOV	0.00 - 12.16	11.67
8.30% REC 25/06/2029	Non Convertible Debenture	AAA	0.00 - 6.50	6.50
9.70% Coastal Gujarat Power 27/08/2023	Non Convertible Debenture	AA	4.63 - 6.41	6.41
8.10% Bangalore Airport Hotel 26/09/2022	Debenture	AA+	3.56 - 5.08	5.08
7.57% GOI 17/06/2033	GOI Securities	SOV	0.00 - 3.64	3.64
8.55% GMR Aero Technic Ltd. 2024	Non Convertible Debenture	AA	2.54 - 3.61	3.61
8.27% Nat. Highways Authority 28/03/2029	Debenture	AAA	1.75 - 3.03	3.03
7.99% Great Eastern Shipping Co. 18/01/2025	Non Convertible Debenture	AA+	0.00 - 2.96	2.82
9.46% Tata Projects 29/04/2022	Non Convertible Debenture	AA	1.88 - 2.60	2.60
Walwhan Renewables Energy 31/01/2022	Debenture	AA	2.32 - 6.03	2.39
TMF Holdings 28/03/2022	Zero Coupon Bonds	AA-	0.00 - 2.25	2.25
9.15% ICICI Bank	Debenture	AA+	1.49 - 3.38	2.09
8.55% GMR Aerospace Engineering Ltd. 2024	Non Convertible Debenture	AA	1.45 - 2.06	2.06
8.75% Axis Bank 28/06/2022	Bonds	AA+	1.48 - 2.06	2.06
9.50% Nayara Energy 29/07/2021	Bonds/NCDs	AA	1.50 - 2.00	2.00
9.99% Jhajjar Power 30/04/2026	Debenture	AA+	1.39 - 1.94	1.94
7.93% Power Finance Corp. 31/12/2029	Non Convertible Debenture	AAA	0.00 - 1.83	1.83
8.80% JM Financial Products 28/09/2020	Bonds/Debentures	AA	1.27 - 1.80	1.80
9.20% Vedanta 2022	Non Convertible Debenture	AA	0.00 - 1.85	1.79
8.90% Bharti Telecom 17/02/2022	Non Convertible Debenture	AA+	0.00 - 1.60	1.60
8.85% Power Finance Corp. 25/05/2029	Bonds/NCDs	AAA	0.00 - 1.95	1.59
7.46% National Bank Agr. Rur. Devp 27/12/2034	Non Convertible Debenture	AAA	0.00 - 1.33	1.33
9.99% Jhajjar Power 30/04/2025	Debenture	AA+	0.93 - 1.29	1.29
Embassy Office Parks REIT 2022	Non Convertible Debenture	AAA	0.00 - 1.15	1.15
8.37% REC 2028	Debenture	AAA	0.00 - 1.11	1.11

Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio

As on 30-Jun-2020

Fund Manager

— Manish Banthia since 07-Nov-2016

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:

— Shadab Rizvi since 05-Jun-2017

Education: Mr. Rizvi has Post Graduate Diploma in Securities Market & B.E. (Electrical Engineering)

Experience: Prior to Joining ICICI Prudential Mutual Fund he has worked with Darashaw & Company Pvt Ltd, Kernel Academy of Computer Sciences and Daksh e-Services Pvt Ltd.

Invest Now

-0.13%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 34.3683

Dividend Yearly: ₹ 14.5723

Dividend Quarterly: ₹ 11.5077

Dividend Half Yearly: ₹ 11.4600

The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.

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	For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Exit Load

For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Fund House:	ICICI Prudential Mutual Fund
Launch Date:	01-Jan-2013
Return Since Launch:	9.21%
Benchmark:	CRISIL Medium Term Debt
Riskometer:	Moderate
Type:	Open-ended
Assets:	₹ 4,864 Cr (As on 30-Jun-2020)
Expense:	0.98% (As on 30-Jun-2020)
Risk Grade:	Below Average
Return Grade:	Above Average

Plan

Record Date

Dividend (₹ / Unit)

Dividend Quarterly

30-Apr-2020

0.2109

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	30-Jan-2020	0.2366
	29-Oct-2019	0.1667
	29-Jul-2019	0.2247
	30-Apr-2019	0.1351
	29-Jan-2019	0.1657
	30-Oct-2018	0.0736
	27-Jul-2018	0.1052
	26-Apr-2018	0.1299
	29-Jan-2018	0.0299
	27-Oct-2017	0.1165
	27-Jul-2017	0.2436
	27-Apr-2017	0.1115
	27-Jan-2017	0.1865
	27-Oct-2016	0.2346
	29-Jul-2016	0.1913
	29-Apr-2016	0.1380
	29-Jan-2016	0.0924
	30-Oct-2015	0.2088
	28-Jul-2015	0.1210
	28-Apr-2015	0.1303
	28-Jan-2015	0.3410
	24-Sep-2014	0.1080
	30-Jul-2014	0.2356
	30-Apr-2014	0.2398

Dividend Half Yearly

20-Mar-2020

0.4382

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	23-Sep-2019	0.3855
	22-Mar-2019	0.2900
	21-Sep-2018	0.1755
	20-Mar-2018	0.1333
	20-Sep-2017	0.3647
	23-Mar-2017	0.2575
	19-Sep-2016	0.3913
	18-Mar-2016	0.2686
	18-Sep-2015	0.2977
	18-Mar-2015	0.5039
	18-Sep-2014	0.5015
	18-Mar-2014	0.2645
	24-May-2013	0.0182

Dividend Yearly

03-Nov-2017

0.7581

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03-Nov-2016

0.2739

Fund News - 20-Dec-2018

Load change in Schemes of ICICI Prudential Mutual Fund
Fund News - 25-May-2018

Benchmark Changes in Schemes of ICICI Prudential Mutual Fund
Fund News - 08-Jan-2018

Change in Fund Manager under Schemes of ICICI Prudential Mutual Fund
Fund News - 05-Jun-2017

Fund Manager Change at ICICI Prudential Mutual Fund
Fund News - 23-Jan-2017

Dividend declared under Schemes of ICICI Prudential Mutual Fund

ICICI Prudential Medium Term Bond Fund - Direct Plan

₹ 1.11 Lakh

₹ 1.26 Lakh

₹ 1.53 Lakh

₹ 1.91 Lakh

₹ 1.27 Lakh

₹ 4.14 Lakh

₹ 7.48 Lakh

₹ 11.57 Lakh

Trailing Returns (%)

Peer Comparison

Best & Worst Performance

Risk Measures (%)

Portfolio Aggregates

Value Research Fund Style

Credit Rating vis-à-vis Category

Top Holdings

Fund Manager

-0.13%

Investment Strategy

Investment Details

Basic Details

Most Recent Dividends

News & Analysis

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