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4 star

ICICI Prudential Debt Management Fund (FOF)


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Suitability:

Medium to Long Duration debt funds invest mainly in bonds maturing in four to 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 may experience some degree of volatility 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 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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(₹)
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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 8.09 0.01 0.15 1.11 1.95 6.27 9.51 7.79 8.23 9.17 8.47
VR Bond 6.47 0.01 0.31 0.86 0.64 3.02 7.45 6.94 7.13 7.77 7.59
Debt: Medium to Long Duration 9.14 -0.02 0.52 1.85 1.41 5.86 9.90 6.86 7.32 8.16 8.05
Rank within category 13 1 14 14 3 5 9 8 6 2 6
Number of funds in category 14 14 14 14 14 14 14 14 14 14 14

As on 27-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Debt Management Fund (FOF)  | Invest Now
4 star
Dec-03 9.51 7.79 8.23 0.84 166
ICICI Prudential Bond Fund  | Invest Now
4 star
Aug-08 12.27 8.55 8.55 1.13 4,124
SBI Magnum Income Fund  | Invest Online
5 star
Nov-98 13.42 8.86 9.12 1.47 1,519
IDFC Bond Fund Income Plan - Regular Plan
4 star
Jul-00 11.49 8.65 8.58 1.97 681
Nippon India Income Fund  | Invest Online
4 star
Jan-98 10.78 8.63 8.53 1.76 425

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.10 (30-Jun-2015 - 07-Jul-2015) -2.07 (12-Aug-2013 - 19-Aug-2013)
Month 4.71 (30-Jun-2015 - 30-Jul-2015) -2.83 (19-Jul-2013 - 19-Aug-2013)
Quarter 6.71 (01-Jul-2015 - 30-Sep-2015) -4.51 (20-May-2013 - 19-Aug-2013)
Year 14.58 (08-Aug-2014 - 10-Aug-2015) 3.42 (04-Dec-2009 - 06-Dec-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.36 1.43 1.61 3.21 0.33 1.81
VR Bond 6.51 2.09 0.69 1.28 -- --
Debt: Medium to Long Duration 6.13 3.63 0.47 1.07 1.26 -0.75
Rank within category 5 1 1 1 1 1
Number of funds in category 14 14 14 14 14 14

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 2 2 -- 19
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --
Avg Credit Rating AAA -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up ICICI Pru Floating Interest Direct-G Mutual Fund -- 74.06 - 74.61 74.31
up ICICI Pru Short Term Direct-G Mutual Fund -- 24.95 - 25.37 25.30

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 30-Sep-2020

Fund Manager

— Manish Banthia since 17-Jun-2017

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:


0.01%

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

Growth: ₹ 33.6135

Dividend: ₹ 33.6135


Investment Strategy

The Scheme seeks to generate capital appreciation primarily from a portfolio of debt oriented schemes accessed through the diversified investment styles of underlying schemes.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 18-Dec-2003
Return Since Launch: 7.45%
Benchmark: CRISIL Composite Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 166 Cr (As on 30-Sep-2020)
Expense: 0.84% (As on 30-Sep-2020)
Risk Grade: Low
Return Grade: Average

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

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