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ICICI Prudential Banking & PSU Debt Fund - Direct Plan download report

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Debt: Banking and PSU

Analysts' Choiceunlock it

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. 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

  • 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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(₹)
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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
ICICI Pru Banking & PSU Debt Direct-G 1.94 0.05 0.29 0.68 1.24 1.78 3.99 6.55 6.69 7.87 --
CCIL T Bill Liquidity Weight 1.28 0.06 0.07 0.30 0.76 1.05 2.05 2.60 3.27 3.64 --
Debt: Banking and PSU 1.67 0.02 0.22 0.66 1.47 1.29 3.25 6.35 6.86 7.55 --
Rank within category 4 3 4 7 21 3 3 9 12 2 --
Number of funds in category 22 22 22 22 22 22 22 17 16 14 0

As on 12-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Banking & PSU Debt Fund - Direct Plan  | Invest Now
4 star
 Jan-13 3.99 6.55 6.69 0.35 8,487
IDFC Banking & PSU Debt Fund - Direct Plan  | Invest Online
5 star
 Mar-13 3.00 6.68 7.40 0.32 16,162
Axis Banking & PSU Debt Fund - Direct Plan
5 star
 Jan-13 3.45 6.34 7.33 0.33 14,171
Kotak Banking and PSU Debt Fund - Direct Plan  | Invest Online
4 star
 Jan-13 3.65 6.67 7.22 0.36 6,959
HDFC Banking and PSU Debt Fund - Direct Plan  | Invest Online
4 star
 Mar-14 3.24 6.72 7.04 0.39 5,370

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.47 24-Mar-2020 - 31-Mar-2020 -1.80 12-Mar-2020 - 19-Mar-2020
Month 3.16 24-Mar-2020 - 23-Apr-2020 -2.62 20-Feb-2020 - 23-Mar-2020
Quarter 5.97 09-Apr-2020 - 10-Jul-2020 -1.45 21-May-2013 - 20-Aug-2013
Year 14.66 24-Nov-2015 - 24-Nov-2016 3.36 11-Jun-2021 - 13-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
ICICI Pru Banking & PSU Debt Direct-G 6.33 1.86 1.53 3.10 0.85 3.60
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Banking and PSU 6.23 2.25 1.29 2.57 2.14 4.65
Rank within category 9 5 5 4 2 16
Number of funds in category 17 17 17 17 17 17

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 80 138 75 64
Modified Duration (yrs) 1.87 3.87 1.87 --
Average Maturity (yrs) 6.30 9.26 5.84 --
Yield to Maturity (%) 6.25 6.25 5.67 --
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
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 10.46 - 20.32 20.32
up 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 6.63 6.63
up Punjab National Bank 2022 Certificate of Deposit A1+ 0.00 - 5.59 5.59
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 2.97 - 4.80 4.80
up HDFC Bank 17/08/2022 Certificate of Deposit A1+ 0.00 - 3.53 3.53
equal Axis Bank 29/08/2022 Certificate of Deposit A1+ 0.00 - 3.52 3.52
equal HDFC Bank 2023 Certificate of Deposit A1+ 0.00 - 3.41 3.41
down 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 6.37 2.89
equal 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 2.00 - 2.84 2.84
equal 6.43% Chennai Petroleum Corporation 28/02/2023 Non Convertible Debenture AAA 1.66 - 2.71 2.71
new Indian Oil Corporation 51-D 26/08/2022 Commercial Paper A1+ 0.00 - 2.64 2.64
equal HDFC Bank 26/09/2022 Certificate of Deposit A1+ 0.00 - 2.63 2.63
new 7.25% SIDBI 31/07/2025 Debenture AAA 0.00 - 2.36 2.36
equal NTPC 91-D 29/08/2022 Commercial Paper A1+ 0.00 - 2.35 2.35
equal Canara Bank 2022 Certificate of Deposit A1+ 0.00 - 2.02 2.02
down 8.55% ICICI Bank Additional Tier 1 Bond AA+ 0.15 - 1.77 1.61
equal 9.37% State Bank of India Additional Tier 1 Bond AA+ 0.98 - 1.59 1.59
equal MTNL 2030 Debenture AAA 1.03 - 1.51 1.51
equal 7.24% REC 31/12/2022 Non Convertible Debenture AAA 0.92 - 1.48 1.48
down 7.99% State Bank of India Additional Tier 2 Bond AAA 1.26 - 2.39 1.26
equal ICICI Securities 2027 Interest Rate Swap -- 0.00 - 1.18 1.18
equal Axis Bank 25/08/2022 Certificate of Deposit A1+ 0.00 - 1.17 1.17
new Export-Import Bank 91-D 26/08/2022 Certificate of Deposit A1+ 0.00 - 1.17 1.17
equal HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 1.17 1.17
equal Export-Import Bank 184-D 30/09/2022 Certificate of Deposit A1+ 0.00 - 1.17 1.17

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-Jul-2022

*As on 30-Jun-2022

Fund Manager

— Chandni Gupta since 15-Jan-2015

Education: She holds B.E. degree in IT and CFA degree from CFA Institute, USA.

Experience: Prior to joining ICICI Prudential Asset Management Company Limited she has worked with Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.

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:

Invest Now
0.05%

Change from previous, NAV as on 12-Aug-2022

Growth: ₹ 27.2393

IDCW Weekly: ₹ 10.4008

More

IDCW Quarterly: ₹ 12.5828

IDCW Half Yearly: ₹ 13.1944

IDCW Daily: ₹ 10.2667

Investment Strategy

The Scheme seeks to generate income through predominantly investing in Debt instruments of banks, Public Sector

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.27%
Benchmark: CRISIL Banking and PSU Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 8,487 Cr (As on 31-Jul-2022)
Expense Ratio: 0.35% (As on 30-Jun-2022)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily12-Aug-20220.0049

 11-Aug-20220.0093
 10-Aug-20220.0057
 04-Aug-20220.0001
 02-Aug-20220.0007
 01-Aug-20220.0118
 29-Jul-20220.0018
 28-Jul-20220.0064
 27-Jul-20220.0031
 25-Jul-20220.0053
 22-Jul-20220.0025
 20-Jul-20220.0030
 18-Jul-20220.0008
 15-Jul-20220.0014
 14-Jul-20220.0045
 13-Jul-20220.0080
 12-Jul-20220.0053
 06-Jul-20220.0162
 04-Jul-20220.0077
 01-Jul-20220.0048
 30-Jun-20220.0003
 26-Apr-20220.0022
 25-Apr-20220.0137
 22-Apr-20220.0014
 31-Mar-20220.0085
IDCW Weekly01-Aug-20220.0233

 25-Jul-20220.0110
 18-Jul-20220.0250
 11-Jul-20220.0117
 04-Jul-20220.0135
 02-May-20220.0017
 25-Apr-20220.0245
 18-Apr-20220.0022
 04-Apr-20220.0030
 28-Mar-20220.0170
 21-Mar-20220.0085
 28-Feb-20220.0060
 14-Feb-20220.0149
 13-Dec-20210.0069
 06-Dec-20210.0129
 22-Nov-20210.0159
 15-Nov-20210.0257
 08-Nov-20210.0117
 01-Nov-20210.0076
 25-Oct-20210.0087
 04-Oct-20210.0014
 20-Sep-20210.0388
 13-Sep-20210.0110
 06-Sep-20210.0295
 30-Aug-20210.0232
IDCW Quarterly18-Jul-20220.0665

 29-Mar-20220.0660
 28-Dec-20210.0958
 28-Sep-20210.2268
 28-Jun-20210.2514
 28-Dec-20200.3138
 21-Sep-20200.8700
 26-Dec-20190.1852
 26-Sep-20190.2461
 26-Jun-20190.2447
 28-Mar-20190.1769
 26-Dec-20180.1919
 26-Sep-20180.0004
 27-Jun-20180.0004
 27-Mar-20180.0004
 27-Dec-20170.0004
 28-Sep-20170.0004
 30-Jun-20170.0004
 29-Mar-20170.0004
 29-Dec-20160.0004
 28-Sep-20160.0004
 28-Jun-20160.0004
 28-Mar-20160.1637
 28-Dec-20150.2167
 28-Sep-20150.4695
IDCW Half Yearly21-Feb-20220.2627

 23-Aug-20210.3434
 22-Feb-20210.3623
 17-Aug-20200.6143
 20-Feb-20200.4671
 19-Aug-20190.5715
 18-Feb-20190.3232
 16-Aug-20180.0004
 16-Feb-20180.0004
 16-Aug-20170.0004
 16-Feb-20170.0004
 16-Aug-20160.0004
 15-Feb-20160.0004
 13-Aug-20150.2858
 13-Feb-20150.3348

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Fax: 022-26528100

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

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