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ICICI Prudential Fixed Maturity Plan - Series 85 1127 Days Plan Q - Direct Plan


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.05 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 3.17 0.01 0.06 0.36 1.18 2.59 5.11 -- -- -- --
CCIL T Bill Liquidity Weight 1.51 0.00 0.04 0.17 0.62 1.10 2.18 -- -- -- --
Debt: FMP 3.64 0.01 0.09 0.42 1.26 2.86 5.87 -- -- -- --
Rank within category 187 145 194 124 174 210 211 -- -- -- --
Number of funds in category 302 317 316 313 306 302 302 53 3 3 0

As on 21-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 85 1127 Days Plan Q - Direct Plan
Unrated
Mar-19 5.11 -- -- -- 109
Kotak FMP Series 252 - 1261 Days - Direct Plan
Unrated
Nov-18 5.20 -- -- -- 1,349
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Direct Plan
Unrated
Sep-18 10.89 10.20 -- 0.25 790
Kotak FMP Series 239 - 1330 Days - Direct Plan
Unrated
Aug-18 9.26 9.70 -- -- 780
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Direct Plan
Unrated
Mar-21 -- -- -- 0.15 754

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.82 24-Mar-2020 - 31-Mar-2020 -1.36 12-Mar-2020 - 19-Mar-2020
Month 2.85 24-Mar-2020 - 23-Apr-2020 -1.43 20-Feb-2020 - 24-Mar-2020
Quarter 5.53 26-Mar-2020 - 25-Jun-2020 0.37 24-Dec-2019 - 24-Mar-2020
Year 12.09 02-Jul-2019 - 01-Jul-2020 5.06 04-Sep-2020 - 06-Sep-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.37 0.39 -1.71 -4.34 -- --
Debt: FMP* 8.05 2.15 2.32 4.44 1.31 4.88
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 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 20 20 -- 15
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
equal 8.92% Karnataka State 2022 State Development Loan SOV 23.52 - 25.47 23.52
equal Kotak Mahindra Prime 29/03/2022 Zero Coupon Bonds AAA 8.63 - 8.69 8.68
equal Sundaram Finance 2022 Zero Coupon Bonds AAA 8.61 - 8.67 8.67
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 8.25 - 8.85 8.25
equal 8.35% REC 13/03/2022 Debenture AAA 8.25 - 8.86 8.25
equal 8.58% HDFC 18/03/2022 Debenture AAA 8.17 - 8.77 8.17
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 8.11 - 8.72 8.11
equal 8.21% Rajasthan State 31/03/2022 State Development Loan SOV 6.28 - 6.64 6.39
equal 8.23% Housing & Urban Development Corporation 15/04/2022 Non Convertible Debenture AAA 3.38 - 3.63 3.38
equal 7.65% Grasim Industries 15/04/2022 Debenture AAA 3.28 - 3.49 3.28
equal 9.95% Food Corporation of India 2022 Bonds AAA 0.00 - 2.75 2.65
equal 7.48% Chhattisgarh State 2022 State Development Loan SOV 1.87 - 2.00 1.87
equal HDB Financial Services 2022 Debenture AAA 1.19 - 1.20 1.20
equal 7.79% Himachal Pradesh State 21/03/2022 State Development Loan SOV 0.94 - 1.00 0.94
equal 8.73% Himachal Pradesh State 2022 State Development Loan SOV 0.00 - 0.97 0.94
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 0.00 - 0.68 0.65
equal Bajaj Housing Finance 2022 Debenture AAA 0.60 - 0.61 0.61
equal 7.90% National Bank Agr. Rur. Devp 18/04/2022 Non Convertible Debenture AAA 0.38 - 0.40 0.38
equal 9.00% Export-Import Bank 2022 Bonds AAA 0.28 - 0.30 0.28
equal 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 0.09 0.09

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 20-Mar-2019

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 20-Mar-2019

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:


0.01%

Change from previous, NAV as on 21-Sep-2021

Growth: ₹ 12.2049


Investment Strategy

The Scheme seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme.

Investment Details

Tenure (Days) 1127
Maturity date 28-Apr-2022

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 29-Mar-2019
Return Since Launch: 8.35%
Benchmark: CRISIL Medium Term Debt 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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