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Unrated

ICICI Prudential Fixed Maturity Plan - Series 87 1214 Days Plan A


Debt: FMP

1 Lakh

Investment Grown to
₹ 1.04 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 3.97 0.02 0.10 0.38 0.73 2.22 4.27 -- -- -- --
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 -- -- -- --
Debt: FMP 4.09 0.02 0.09 0.36 0.94 2.14 4.41 -- -- -- --
Rank within category 50 48 56 59 254 50 49 -- -- -- --
Number of funds in category 265 284 284 282 277 268 265 72 3 3 0

As on 26-Nov-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 87 1214 Days Plan A
Unrated
Dec-19 4.27 -- -- 0.13% 24
Kotak FMP Series 252 - 1261 Days - Regular Plan
Unrated
Nov-18 3.78 -- -- -- 1,356
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Regular Plan
Unrated
Sep-18 8.84 9.72 -- 0.27% 797
Kotak FMP Series 239 - 1330 Days - Regular Plan
Unrated
Aug-18 7.59 9.52 -- -- 786
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Regular Plan
Unrated
Mar-21 -- -- -- 0.35% 757

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.68 24-Mar-2020 - 31-Mar-2020 -1.86 12-Mar-2020 - 19-Mar-2020
Month 4.00 24-Mar-2020 - 23-Apr-2020 -2.33 20-Feb-2020 - 24-Mar-2020
Quarter 6.94 26-Mar-2020 - 25-Jun-2020 -0.16 27-Nov-2020 - 26-Feb-2021
Year 12.40 24-Mar-2020 - 25-Mar-2021 4.64 18-Nov-2020 - 18-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.25 0.40 -1.53 -4.22 -- --
Debt: FMP* 8.21 1.96 2.60 6.14 1.67 5.37
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-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 10 10 9 16
Modified Duration (yrs) -- -- -- 0.50
Average Maturity (yrs) 1.38 1.89 1.38 0.57
Yield to Maturity (%) -- -- -- 4.15
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 7.63% Telangana State 2023 State Development Loan SOV 27.94 - 29.83 27.94
equal 7.12% REC 31/03/2023 Non Convertible Debenture AAA 8.54 - 9.06 8.54
equal 7.57% HDB Financial Services 16/02/2023 Non Convertible Debenture AAA 8.54 - 9.09 8.54
equal 7.56% Kotak Mahindra Prime 27/01/2023 Non Convertible Debenture AAA 8.54 - 9.08 8.54
equal 7.04% Power Finance Corporation 14/04/2023 Non Convertible Debenture AAA 8.54 - 9.05 8.54
equal 7.45% LIC Housing Fin. 2023 Non Convertible Debenture AAA 8.52 - 9.10 8.52
equal Reliance Industries 2023 Non Convertible Debenture AAA 8.21 - 8.80 8.21
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 7.79 - 8.40 7.79
equal 8.39% Rajasthan State 15/03/2023 State Development Loan SOV 0.00 - 5.21 5.00
equal 8.80% Power Grid Corporation 13/03/2023 Bonds AAA 1.31 - 1.42 1.31

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

*As on 30-Sep-2021

Fund Manager

— Rahul Goswami since 21-Dec-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 21-Dec-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:


0.02%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 11.6306

IDCW Quarterly: ₹ 11.6306

IDCW Half Yearly: ₹ 11.6306


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) 1214
Maturity date 27-Apr-2023

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 31-Dec-2019
Return Since Launch: 8.24%
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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