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Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
ICICI Prudential Credit Risk Fund - Direct Plan
|
High
|
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0.76 |
|||
High
|
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0.70 |
||||
High
|
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0.67 |
||||
Moderately High
|
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0.99 |
||||
High
|
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0.89 |
₹6,387 Cr
1.00 (365)
100
1
100
6
Investment Strategy
The scheme seeks to generate income through investing predominantly in AA and below rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity.
Suitability
"Credit risk funds invest mainly in bonds which are rated AA or below by credit rating agencies. The lower rating indicates a higher possibility of these bonds defaulting on repayment of investors' money. Therefore, these funds are the riskiest among debt fund categories. But they compensate for this additional risk with a higher return potential as these bonds offer better rates of interest than the highest rated bonds.
However, 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."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
4 min read•By Aarati Krishnan
ICICI Prudential Credit Risk Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in corporate bonds rated AA and below.
Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Credit Risk Fund - Direct Plan fund can be purchased from the website of ICICI Prudential Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of ICICI Prudential Credit Risk Fund - Direct Plan is ₹33.1866 as of 09-Dec-2024.
The AUM of ICICI Prudential Credit Risk Fund - Direct Plan Fund is ₹6,387 Cr as of 31-Oct-2024
The riskometer level of ICICI Prudential Credit Risk Fund - Direct Plan is High. See More
Company | Percentage of Portfolio |
---|---|
GOI Sec 7.10 08/04/2034 |
4.97
|
Embassy Office |
4.68
|
Varroc Engineering Ltd NCD 8.60 07/09/2028 |
3.89
|
Millenia Realtors Pvt Ltd ZCB 9.90 17/04/2026 |
3.29
|
Aadhar Housing Finance Ltd NCD 8.50 17/08/2026 |
2.75
|
As of 31-Oct-2024, ICICI Prudential Credit Risk Fund - Direct Plan had invested 89.13% in Debt, 7.48% in Real Estate and 3.39% in Cash & Cash Eq. See More
ICICI Prudential Credit Risk Fund - Direct Plan is 11 years 11 months old. It has delivered 8.90% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
9.85%
|
7.51%
|
8.08%
|
8.24%
|
8.62%
|
8.90%
|
No, There is no lock in period in ICICI Prudential Credit Risk Fund - Direct Plan.
The expense ratio of ICICI Prudential Credit Risk Fund - Direct Plan is 0.76.