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Unrated

ICICI Prudential Long Term Bond Fund


Debt: Long Duration

1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.28 Lakh

Suitability:

Long Duration debt funds invest in bonds maturing in more than 7 years' time. They aim to earn slightly better returns than inflation and 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.

We believe that equity funds, which invest your money in shares, are more suitable alternatives for such a long investment horizon because of their ability to earn much higher returns. They witness more severe ups and downs than Long Duration funds but the possibility of incurring a loss is substantially reduced if you invest for 7 years and above.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 8.37 0.05 0.51 1.13 6.82 8.22 10.95 8.99 9.97 9.01 8.74
VR Bond 5.37 -0.04 0.27 0.74 3.20 5.11 7.37 7.05 7.51 7.59 7.59
Debt: Long Duration 9.66 0.07 0.71 2.43 8.09 9.46 11.09 8.99 9.97 9.01 8.74
Rank within category 3 2 4 4 4 4 2 1 1 1 1
Number of funds in category 3 4 4 4 4 4 2 1 1 1 1

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Long Term Bond Fund  | Invest Now
Unrated
Jul-98 10.95 8.99 9.97 1.80 1,016
BHARAT Bond ETF - April 2030 - Regular Plan  | Invest Online
Unrated
Dec-19 -- -- -- 0.01 8,585
Nippon India Nivesh Lakshya Fund - Regular Plan
Unrated
Jul-18 11.24 -- -- 0.53 1,307
BHARAT Bond FOF - April 2030 - Regular Plan  | Invest Online
Unrated
Dec-19 -- -- -- 0.05 962

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.97 (11-Dec-2008 - 18-Dec-2008) -6.13 (02-Jan-2009 - 09-Jan-2009)
Month 15.77 (18-Nov-2008 - 18-Dec-2008) -7.10 (19-Jul-2013 - 19-Aug-2013)
Quarter 21.54 (06-Oct-2008 - 05-Jan-2009) -11.90 (20-May-2013 - 19-Aug-2013)
Year 26.60 (03-Jul-2008 - 03-Jul-2009) -3.32 (17-May-2013 - 19-May-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.37 4.53 0.68 1.62 6.22 10.71
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Long Duration 8.37 4.53 0.68 1.62 6.22 10.71
Rank within category 1 1 1 1 1 1
Number of funds in category 1 1 1 1 1 1

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 10 14 10 6
Modified Duration (yrs) 7.40 7.60 6.84 --
Average Maturity (yrs) 11.47 11.98 10.78 --
Yield to Maturity (%) 6.61 7.62 6.61 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.57% GOI 17/06/2033 GOI Securities SOV 21.19 - 67.52 61.07
new 6.45% GOI 2029 GOI Securities SOV 0.00 - 10.15 10.15
equal 8.62% National Bank Agr. Rur. Devp 14/03/2034 Debenture AAA 7.38 - 9.97 7.38
equal 8.24% Great Eastern Shipping Co. 2026 Debenture AA+ 5.64 - 7.55 5.64
equal 8.27% Nat. Highways Authority 28/03/2029 Debenture AAA 4.83 - 6.92 4.83
equal 9.75% Jamnagar Utilities and Power 2024 Debenture AAA 3.65 - 4.81 3.65
equal 8.30% REC 25/06/2029 Non Convertible Debenture AAA 0.00 - 6.33 2.54
equal 8.79% IRFC 2030 Bonds/NCDs AAA 0.24 - 0.31 0.24
equal 7.67% Tamilnadu State 22/03/2023 State Development Loan SOV 0.19 - 0.25 0.19
equal 8.75% IRFC 29/11/2026 Bonds AAA 0.07 - 0.09 0.07

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-May-2020

Fund Manager

— Manish Banthia since 16-Sep-2013

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:


0.05%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 70.2757

Dividend Yearly: ₹ 11.4590

More

Dividend Quarterly: ₹ 12.7629

Dividend Half Yearly: ₹ 11.7239


Investment Strategy

The scheme seeks to generate regular returns by putting around 75 per cent of the investments in debt instruments, and the balance in money market instruments. The plan aims to maintain the optimum balance of yield , safety and liquidity.

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 (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 09-Jul-1998
Return Since Launch: 9.26%
Benchmark: NIFTY Long Duration Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,016 Cr (As on 31-May-2020)
Expense: 1.80% (As on 31-May-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Half Yearly27-Mar-20200.2940

 27-Sep-20190.6422
 28-Mar-20190.5419
 27-Sep-20170.3987
 31-Mar-20170.1757
 30-Sep-20160.6908
 30-Mar-20160.2630
 28-Sep-20150.1936
 26-Mar-20150.7398
 26-Sep-20140.5615
 26-Mar-20140.3493
 26-Sep-20130.1612
 24-May-20130.6191
 26-Mar-20130.4151
 26-Sep-20120.3603
 27-Mar-20120.3096
 23-Sep-20110.1982
 26-May-20110.0440
 24-Mar-20110.1493
 27-Sep-20100.2547
 25-Mar-20100.2453
 01-Oct-20090.3986
 31-Mar-20090.5256
 30-Sep-20080.3504
 31-Mar-20080.3504
Dividend Quarterly27-Mar-20200.0821

 27-Dec-20190.0727
 27-Sep-20190.2568
 27-Jun-20190.4864
 28-Mar-20190.0900
 31-Dec-20180.4890
 28-Sep-20170.0486
 30-Jun-20170.4459
 29-Dec-20160.2283
 30-Sep-20160.4598
 30-Jun-20160.2035
 29-Mar-20160.2476
 29-Dec-20150.0318
 28-Sep-20150.2882
 26-Jun-20150.1086
 26-Mar-20150.2803
 26-Dec-20140.5523
 26-Sep-20140.1838
 26-Jun-20140.4530
 26-Mar-20140.1898
 26-Dec-20130.2088
 26-Sep-20130.1795
 24-May-20130.4504
 26-Mar-20130.2265
 26-Dec-20120.1990
Dividend Yearly10-Oct-20191.2830

 10-Oct-20170.5579
 10-Oct-20160.8354
 09-Oct-20150.0241

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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