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ICICI Prudential Debt Management Fund (FOF)


1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

Medium to Long Duration debt funds invest in bonds maturing in 4 to 7 years' time. They aim to earn slightly better returns than inflation and 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.

We believe that Aggressive Hybrid funds or Large Cap Equity funds, which invest predominantly in shares, are more suitable alternatives for an investment horizon of 5 years or more because of their ability to earn much higher returns. They witness more severe ups and downs than Medium to Long Duration funds but the possibility of incurring a loss is substantially reduced if you invest for 5 years and above.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.68 0.05 0.23 0.73 2.07 4.35 8.75 7.04 8.56 8.67 8.01
VR Bond* 0.42 -0.05 0.12 0.41 1.40 2.14 7.91 6.17 6.99 7.43 7.24
Debt: Medium to Long Duration* 0.09 -0.07 0.25 0.06 0.75 2.04 7.45 4.60 6.08 6.95 7.30

As on 27-Jan-2020

* As on 28-Jan-2020

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 6.89 1.19 0.99 1.50 0.42 1.01
VR Bond 6.11 2.14 0.18 0.33 -- --
Debt: Medium to Long Duration 5.19 3.52 -0.02 0.11 1.27 -1.02

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 2 2 -- 20
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --

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 -- 73.56 - 74.77 74.43
up ICICI Pru Short Term Direct-G Mutual Fund -- 24.43 - 25.06 24.97

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-Dec-2019

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:


0.05%

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

Growth: ₹ 31.3073

Dividend: ₹ 31.3073


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 (₹) 500
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: 7.34%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 198 Cr (As on 31-Dec-2019)
Expense: 0.75% (As on 31-Dec-2019)
Risk Grade: Low
Return Grade: Below 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: 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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dateFriday, 31-Jan-2020
time12:30 PM - 01:00 PM