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Unrated

ICICI Prudential PSU Bond Plus SDL 40:60 Index Fund - Sep 2027


Suitability:

"Medium to Long Duration debt funds invest mainly in bonds maturing in four to seven 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 may experience some degree of volatility in response to changes in interest rates.

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 -0.27 0.09 0.08 -0.51 0.42 -- -- -- -- -- --
VR Bond -0.31 0.04 -0.12 -0.54 0.48 -- -- -- -- -- --
Debt: Medium to Long Duration -0.26 0.02 0.04 -0.53 0.18 -- -- -- -- -- --
Rank within category 11 2 6 9 4 -- -- -- -- -- --
Number of funds in category 21 21 21 21 19 17 14 14 14 14 14

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential PSU Bond Plus SDL 40:60 Index Fund - Sep 2027  | Invest Now
Unrated
Sep-21 -- -- -- 0.35% 1,421
ICICI Prudential Bond Fund  | Invest Now
4 star
Aug-08 2.50 8.02 6.69 1.20% 4,007
Aditya Birla Sun Life Income Fund  | Invest Online
4 star
Oct-95 3.85 8.62 6.45 0.80% 3,214
Kotak Bond Fund - Regular Plan  | Invest Online
4 star
Nov-99 2.05 8.09 5.80 1.66% 2,776
SBI Magnum Income Fund  | Invest Online
4 star
Nov-98 3.47 8.78 7.26 1.46% 1,701

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.36 03-Nov-2021 - 12-Nov-2021 -0.41 03-Jan-2022 - 10-Jan-2022
Month 0.94 02-Nov-2021 - 02-Dec-2021 -0.59 14-Dec-2021 - 13-Jan-2022
Quarter 0.79 01-Oct-2021 - 31-Dec-2021 0.34 14-Oct-2021 - 13-Jan-2022
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 5.74 2.02 1.00 1.37 -- --
Debt: Medium to Long Duration* 6.61 3.62 1.04 1.76 1.24 0.38
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-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 32 32 15 23
Modified Duration (yrs) 4.50 4.50 3.49 --
Average Maturity (yrs) 5.64 5.64 4.35 --
Yield to Maturity (%) 6.25 6.26 5.49 --
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
up 6.57% National Bank Agr. Rur. Devp 2027 Debenture AAA 4.92 - 9.99 9.99
up 6.35% Power Finance Corporation 30/06/2027 Non Convertible Debenture AAA 4.63 - 9.47 6.53
up 7.20% Power Grid Corporation 2027 Debenture AAA 5.09 - 8.33 5.53
up 7.46% Madhya Pradesh State 27/09/2027 State Development Loan SOV 3.71 - 5.11 4.93
up 6.38% Maharashtra State 25/08/2027 State Development Loan SOV 4.92 - 6.80 4.92
up 8.61% Tamilnadu State 2027 State Development Loan SOV 4.39 - 5.82 4.66
up 7.30% Power Grid Corporation 19/06/2027 Debenture AAA 0.00 - 4.44 4.44
up 7.33% Indian Railway Finance Corporation 27/08/2027 Debenture AAA 4.18 - 5.11 4.44
up 6.75% Bihar State 2027 State Development Loan SOV 3.23 - 5.36 4.29
new 7.42% Jammu & Kashmir State 27/09/2027 State Development Loan SOV 0.00 - 4.05 4.05
new 6.12% Karnataka State 22/07/2027 State Development Loan SOV 0.00 - 3.82 3.82
up 6.28% Gujarat State 2027 State Development Loan SOV 3.50 - 6.77 3.50
up 7.40% Uttarakhand State 27/09/2027 State Development Loan SOV 0.00 - 4.88 3.34
up 7.47% Uttar Pradesh State 27/09/2027 State Development Loan SOV 2.96 - 5.12 2.96
up 7.27% Indian Railway Finance Corporation 15/06/2027 Bonds AAA 0.00 - 3.33 2.95
equal 7.28% Chhattisgarh State 25/09/2027 State Development Loan SOV 2.56 - 5.78 2.56
equal 7.56% Export-Import Bank 18/05/2027 Bonds AAA 1.87 - 5.16 1.87
new 7.47% Chhattisgarh State 27/09/2027 State Development Loan SOV 0.00 - 1.84 1.84
new 7.44% Power Finance Corporation 2027 Bonds AAA 0.00 - 1.84 1.84
equal 7.38% Karnataka State 27/09/2027 State Development Loan SOV 0.00 - 4.16 1.84
new 7.33% Maharashtra State 13/09/2027 State Development Loan SOV 0.00 - 1.84 1.84
new 7.29% Haryana State 23/08/2027 State Development Loan SOV 0.00 - 1.83 1.83
new 7.30% Punjab State 2027 State Development Loan SOV 0.00 - 1.83 1.83
equal 7.19% Kerala State 26/07/2027 State Development Loan SOV 0.00 - 3.42 1.82
equal 7.03% Telangana State 2027 State Development Loan SOV 1.81 - 5.01 1.81

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-Dec-2021

*As on 30-Nov-2021

Fund Manager

— Anuj Tagra since 16-Sep-2021

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:

— Chandni Gupta since 16-Sep-2021

Education: She holds B.E. degree in IT and CFA degree from CFA Institute, USA.

Experience: Prior to joining ICICI Prudential Asset Management Company Limited she has worked with Morgan Stanley Investment Management, HSBC Bank, Standard Chartered Mutual Fund.

Funds Managed:


0.09%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 10.0490

IDCW Yearly: ₹ 10.0490

More

IDCW Weekly: ₹ 9.9522

IDCW Quarterly: ₹ 10.0490


Investment Strategy

The scheme seeks to track the Nifty PSU Bond Plus SDL Sep 2027 40:60 Index by investing in AAA rated PSU bonds and SDLs, maturing on or before Sep 2027, subject to tracking errors.

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 28-Sep-2021
Return Since Launch: 0.49%
Benchmark: Nifty PSU Bond Plus SDL Sep 2027 40:60 Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,421 Cr (As on 31-Dec-2021)
Expense: 0.35% (As on 31-Dec-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly13-Dec-20210.0186

 06-Dec-20210.0189
 29-Nov-20210.0195
 22-Nov-20210.0144
 15-Nov-20210.0168
 04-Oct-20210.0086

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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