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Unrated

ICICI Prudential Constant Maturity Gilt Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India which will mature in 10 years or more. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

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 3.60 0.07 0.04 0.97 0.82 2.93 3.88 10.46 8.09 9.57 --
CCIL All Sovereign Bond - TRI 2.77 -0.05 0.16 1.00 1.64 2.83 2.99 9.47 6.91 8.77 --
Debt: Gilt with 10 year Constant Duration 2.52 0.08 -0.01 0.74 0.48 2.01 2.84 9.58 8.11 9.22 --
Rank within category 1 3 1 1 2 2 1 1 3 3 --
Number of funds in category 4 4 4 4 4 4 4 4 4 4 0

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Constant Maturity Gilt Fund - Direct Plan  | Invest Now
Unrated
Sep-14 3.88 10.46 8.09 0.23% 378
SBI Magnum Constant Maturity Fund - Direct Plan  | Invest Online
Unrated
Jan-13 3.40 9.29 8.77 0.34% 722

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.94 16-Apr-2020 - 23-Apr-2020 -2.95 02-Feb-2017 - 09-Feb-2017
Month 4.97 08-Apr-2020 - 08-May-2020 -3.04 03-Feb-2017 - 07-Mar-2017
Quarter 9.50 18-Apr-2019 - 19-Jul-2019 -4.24 24-Nov-2016 - 23-Feb-2017
Year 20.06 11-Sep-2018 - 11-Sep-2019 -0.26 11-Sep-2017 - 11-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.51 4.22 1.59 2.63 0.87 1.64
CCIL All Sovereign Bond - TRI 9.65 4.57 1.28 1.80 -- --
Debt: Gilt with 10 year Constant Duration 9.72 4.23 1.40 2.20 0.87 0.85
Rank within category 1 2 1 1 3 1
Number of funds in category 4 4 4 4 4 4

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 4 7 4 4
Modified Duration (yrs) 7.11 7.11 6.66 --
Average Maturity (yrs) 10.08 10.08 9.33 --
Yield to Maturity (%) 6.46 6.51 5.88 --
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 39.69 39.69
up 6.10% GOI 2031 GOI Securities SOV 0.00 - 31.12 31.12
equal 6.67% GOI 15/12/2035 GOI Securities SOV 0.00 - 26.50 26.45
equal 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 21.89 0.47

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-Oct-2021

Fund Manager

— Anuj Tagra since 28-Dec-2020

Education: Mr. Anuj Tagra is a graduate of Guru Gobind Singh Indraprastha University and an MBA from Narsee Monjee Institute of Management Studies

Experience: Prior to joining ICICI Prudential AMC he has worked with Union Bank of India and Fidelity Investments.

Funds Managed:

— Rahul Goswami since 25-Aug-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:


0.07%

Change from previous, NAV as on 06-Dec-2021

Growth: ₹ 20.1411

IDCW Yearly: ₹ 10.7491

More

IDCW Quarterly: ₹ 11.1119

IDCW Monthly: ₹ 11.4469

IDCW Half Yearly: ₹ 10.7886


Investment Strategy

The scheme seeks to generate income primarily by investing in portfolio of Government Securities while maintaining Macaulay duration of the portfolio around 10 years.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 12-Sep-2014
Return Since Launch: 10.16%
Benchmark: CRISIL 10-Year Gilt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 378 Cr (As on 31-Oct-2021)
Expense: 0.23% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly30-Nov-20210.0760

 30-Sep-20210.0834
 31-Aug-20210.1621
 30-Jul-20210.0219
 31-May-20210.0649
 12-Jan-20210.0343
 14-Dec-20200.0765
 12-Nov-20200.0672
 12-Oct-20200.1429
 12-Aug-20200.0070
 13-Jul-20200.1692
 12-Jun-20200.2368
 11-May-20200.3437
 12-Mar-20200.1256
 12-Feb-20200.1899
 13-Jan-20200.0684
 13-Nov-20190.0173
 15-Oct-20190.0544
 12-Sep-20190.0278
 13-Aug-20190.0347
 12-Jul-20190.3548
 12-Jun-20190.2524
 13-May-20190.0951
 12-Apr-20190.0546
 12-Mar-20190.0477
IDCW Half Yearly13-Sep-20210.5605

 10-Mar-20210.1033
 14-Sep-20200.6750
 12-Mar-20200.4559
 12-Sep-20190.8279
 12-Mar-20190.6305
 12-Sep-20180.0271
 12-Sep-20170.5563
 14-Mar-20170.1546
 12-Sep-20160.5564
 14-Mar-20160.2362
 14-Sep-20150.1676
 26-Mar-20150.4009
IDCW Quarterly13-Sep-20210.1906

 10-Jun-20210.1073
 14-Dec-20200.3279
 14-Sep-20200.1047
 26-Jun-20200.5899
 12-Mar-20200.4720
 12-Dec-20190.0697
 12-Sep-20190.4398
 12-Jun-20190.3772
 12-Mar-20190.0982
 12-Dec-20180.5173
 12-Sep-20180.0282
 12-Sep-20170.1339
 12-Jun-20170.0750
 13-Dec-20160.3054
 12-Sep-20160.2253
 13-Jun-20160.2717
 14-Mar-20160.1093
IDCW Yearly13-Sep-20210.6601

 14-Sep-20201.3193
 12-Sep-20191.5511
 12-Sep-20180.0269
 12-Sep-20170.6976
 12-Sep-20160.6435
 14-Sep-20150.7634

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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