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5 star

ICICI Prudential Retirement Fund - Pure Debt Plan


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Suitability:

Medium Duration debt funds invest mainly in bonds maturing in about three to four 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 do not guarantee returns or safety of capital.

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 8.71 0.09 0.13 1.18 1.28 6.27 10.44 -- -- -- --
VR Bond 6.14 0.02 0.05 0.59 0.42 3.24 7.24 -- -- -- --
Debt: Medium Duration 5.64 0.05 0.25 1.49 1.65 5.06 6.35 -- -- -- --
Rank within category 5 1 21 17 12 6 4 -- -- -- --
Number of funds in category 17 21 21 20 18 18 16 14 13 9 7

As on 20-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Retirement Fund - Pure Debt Plan  | Invest Now
5 star
Feb-19 10.44 -- -- 2.11 457
ICICI Prudential Medium Term Bond Fund  | Invest Now
4 star
Sep-04 11.19 7.61 8.07 1.62 5,192
SBI Magnum Medium Duration Fund  | Invest Online
5 star
Nov-03 12.63 9.22 9.73 1.24 4,437
IDFC Bond Fund Medium Term Plan - Regular Plan
4 star
Jul-03 10.29 8.20 8.13 1.44 3,786
HDFC Medium Term Debt Fund  | Invest Online
4 star
Feb-02 9.93 7.71 8.07 1.29 1,302

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.00 (24-Mar-2020 - 31-Mar-2020) -1.85 (12-Mar-2020 - 19-Mar-2020)
Month 3.02 (24-Mar-2020 - 23-Apr-2020) -2.22 (25-Feb-2020 - 26-Mar-2020)
Quarter 6.04 (09-Apr-2020 - 10-Jul-2020) 0.24 (26-Dec-2019 - 26-Mar-2020)
Year 12.20 (07-Mar-2019 - 06-Mar-2020) 8.28 (27-Mar-2019 - 26-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 6.51 2.09 0.69 1.28 -- --
Debt: Medium Duration* 4.65 4.52 0.27 0.69 0.56 -1.22
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 34 35 26 31
Modified Duration (yrs) 4.90 4.90 2.65 3.31
Average Maturity (yrs) 7.58 7.58 3.72 4.16
Yield to Maturity (%) 6.83 8.86 6.71 6.98
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 7.57% GOI 17/06/2033 GOI Securities SOV 10.90 - 26.35 18.45
equal 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 15.05 15.05
up 5.77% GOI 2030 GOI Securities SOV 0.00 - 5.38 5.38
equal Embassy Office Parks REIT 2022 Zero Coupon Bonds AAA 0.00 - 5.36 4.35
equal TMF Holdings 28/03/2022 Zero Coupon Bonds AA- 2.98 - 4.02 3.03
equal 9.15% ICICI Bank Debenture AA+ 2.85 - 4.23 2.85
equal 8.75% Axis Bank Bonds/Debentures AA+ 2.66 - 3.97 2.66
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 2.57 - 3.68 2.58
equal 9.75% Jamnagar Utilities and Power 2024 Debenture AAA 2.43 - 3.46 2.45
equal 7.88% GOI 19/03/2030 GOI Securities SOV 0.00 - 2.53 2.43
equal 7.19% GOI 15/09/2060 GOI Securities SOV 0.00 - 2.32 2.32
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 2.27 - 3.37 2.32
equal 7.65% Jamnagar Utilities and Power 29/08/2022 Non Convertible Debenture AAA 2.28 - 3.26 2.28
equal 7.03% Telangana State 2027 State Development Loan SOV 0.00 - 2.35 2.24
equal 10.55% JMC Projects (I) 21/10/2022 Non Convertible Debenture A+ 2.20 - 3.29 2.21
equal 8.25% EID-Parry (I) 27/04/2021 Debenture AA- 2.20 - 3.27 2.20
down 11.50% Sterlite Power Grid Ventures 28/03/2022 Non Convertible Debenture A 0.00 - 3.36 2.18
equal 8.76% TMF Holdings Non Convertible Debenture AA- 0.00 - 2.14 2.14
equal Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 2.02 - 2.80 2.05
equal State Bank of India 2056 Debenture AA+ 1.91 - 2.82 1.91
equal PVR 2021 Debenture AA 0.00 - 2.30 1.77
equal TMF Holdings 2022 Debenture AA- 0.00 - 2.09 1.76
equal 6.90% GOI 2026 Central Government Loan SOV 0.00 - 1.59 1.39
equal 8.25% Gujarat State 24/12/2024 State Development Loan SOV 0.00 - 1.55 1.19
equal 8.31% Uttar Pradesh State 29/07/2025 State Development Loan SOV 0.00 - 1.25 1.19

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

— Ashwin Jain since 07-Feb-2019

Education: Mr. Jain is a B.E. and PGDM.

Experience: Prior to joining ICICI Prudential Asset Management Co. Ltd. in 2010 he has worked with HCL Technologies, Irevana and Merill Lynch.

Funds Managed:

— Mrinal Singh since 07-Feb-2019

Education: Mr. Singh is B.E (Mechanical) and PGDM from SPJIMR Mumbai.

Experience: He has been associated with ICICI Prudential AMC since June 2008.

Interviews:

Funds Managed:

— Anuj Tagra since 07-Feb-2019

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:

— Manish Banthia since 07-Feb-2019

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:


0.09%

Change from previous, NAV as on 20-Oct-2020

Growth: ₹ 11.8634

Dividend: ₹ 11.8635


Investment Strategy

The scheme seeks to generate income through investing in a range of debt and money market instruments of various duration while maintaining the optimum balance of yield, safety and liquidity.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 27-Feb-2019
Return Since Launch: 10.94%
Benchmark: NIFTY Composite Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 457 Cr (As on 30-Sep-2020)
Expense: 2.11% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: High

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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