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Unrated

ICICI Prudential Fixed Maturity Plan - Series 74 - 9 Years - Plan U


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.06 Lakh

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

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.

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 3.14 0.00 0.02 0.23 1.27 3.46 6.17 9.98 7.69 8.08 --
CCIL T Bill Liquidity Weight 1.49 0.00 0.04 0.18 0.63 1.12 2.19 3.44 3.67 4.11 --
Debt: FMP 3.43 0.01 0.08 0.41 1.21 2.79 5.69 8.45 7.88 8.17 --
Rank within category 104 306 308 310 67 44 60 2 2 2 --
Number of funds in category 303 318 316 313 307 303 303 50 3 3 0

As on 17-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Fixed Maturity Plan - Series 74 - 9 Years - Plan U
Unrated
Jun-14 6.17 9.98 7.69 0.20 38
Kotak FMP Series 252 - 1261 Days - Regular Plan
Unrated
Nov-18 4.96 -- -- 0.09 1,349
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Regular Plan
Unrated
Sep-18 11.04 9.69 -- 0.27 790
Kotak FMP Series 239 - 1330 Days - Regular Plan
Unrated
Aug-18 9.32 9.58 -- 0.12 780
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Regular Plan
Unrated
Mar-21 -- -- -- 0.35 754

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.43 24-Aug-2015 - 31-Aug-2015 -2.88 11-Jan-2016 - 18-Jan-2016
Month 4.82 17-Feb-2016 - 18-Mar-2016 -1.99 25-Nov-2016 - 26-Dec-2016
Quarter 9.17 18-Jan-2016 - 18-Apr-2016 -3.44 21-Jan-2015 - 22-Apr-2015
Year 20.68 24-Nov-2015 - 24-Nov-2016 -0.33 27-Jun-2014 - 29-Jun-2015

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.47 2.33 2.33 3.91 3.63 7.84
CCIL T Bill Liquidity Weight 3.37 0.39 -1.71 -4.34 -- --
Debt: FMP 7.80 2.15 2.19 4.17 1.29 4.62
Rank within category 2 42 32 36 51 1
Number of funds in category 51 51 51 51 51 51

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

As on 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 9 9 -- 15
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --
Avg Credit Rating GOI/Cash -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.21% Rajasthan State 31/03/2023 State Development Loan SOV 42.05 - 44.89 42.05
equal 7.63% Telangana State 2023 State Development Loan SOV 16.65 - 17.71 16.65
equal 8.21% Haryana State 31/03/2023 State Development Loan SOV 14.02 - 14.97 14.02
equal 8.62% Maharashtra State 20/02/2023 State Development Loan SOV 5.63 - 6.05 5.63
equal 8.53% Jammu & Kashmir State 30/03/2022 State Development Loan SOV 4.09 - 4.44 4.09
equal 8.51% Uttar Pradesh State 21/03/2023 State Development Loan SOV 3.09 - 3.31 3.09
equal 8.45% Bihar State 30/03/2023 State Development Loan SOV 0.00 - 2.90 2.81
equal 7.37% GOI 16/04/2023 GOI Securities SOV 2.78 - 2.99 2.78
equal 8.65% Karnataka State 20/03/2023 State Development Loan SOV 1.27 - 1.37 1.27

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-Aug-2021

Fund Manager

— Rahul Goswami since 09-Jun-2014

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:

— Rohan Maru since 09-Jun-2014

Education: Mr. Maru is M.Com and MBA in Finance.

Experience: Prior to joining ICICI Prudential Mutual Fund, he has worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.

Funds Managed:


0.00%

Change from previous, NAV as on 17-Sep-2021

Growth: ₹ 17.4680

IDCW: ₹ 17.4680


Investment Strategy

The scheme seeks to generate regular returns by investing in fixed income securities normally maturing in line with the time profile of the plan. The scheme has a tenure of 3276 days.

Investment Details

Tenure (Days) 3276
Maturity date 23-Jun-2023

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 26-Jun-2014
Return Since Launch: 8.02%
Benchmark: CRISIL Composite Bond Index
Riskometer: Low to Moderate
Type: Closed-end

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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