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ICICI Prudential Long Term Bond Fund

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Debt: Long Duration

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1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Long Duration debt funds invest mainly in bonds maturing in more than 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 can be fairly volatile 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 a long investment horizon of seven years or more may consider investing at least 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 is substantially reduced if you invest for seven years and more."

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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 1.26 0.07 0.35 1.31 1.66 1.85 1.37 8.71 6.48 8.25 8.50
VR Bond* 2.63 -0.01 0.05 0.62 1.38 2.11 3.15 6.34 5.53 6.71 7.35
Debt: Long Duration* 4.36 -0.01 0.24 1.15 2.19 3.12 4.87 10.37 -- -- --

As on 30-Nov-2021

* As on 01-Dec-2021

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 1.37 8.71 6.48 2.00% 707
BHARAT Bond ETF - April 2030  | Invest Online
Unrated
 Dec-19 5.59 -- -- 0.00% 12,517
BHARAT Bond ETF - April 2031  | Invest Online
Unrated
 Jul-20 5.02 -- -- 0.00% 10,484
BHARAT Bond FOF - April 2030 - Regular Plan  | Invest Online
Unrated
 Dec-19 5.53 -- -- 0.05% 2,726
BHARAT Bond FOF - April 2031 - Regular Plan  | Invest Online
Unrated
 Jul-20 4.97 -- -- 0.05% 1,949

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 8.49 4.68 1.01 1.58 4.84 7.66
VR Bond 6.20 2.04 1.18 1.59 -- --
Debt: Long Duration 9.28 5.54 0.99 1.54 4.69 8.35

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 10 13 10 8
Modified Duration (yrs) 8.32 8.74 7.14 --
Average Maturity (yrs) 14.73 15.18 11.13 --
Yield to Maturity (%) 6.88 6.98 6.09 --
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
down 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 64.75 60.81
equal 6.67% GOI 17/12/2050 GOI Securities SOV 0.00 - 16.81 16.81
equal 8.24% The Great Eastern Shipping Company 2026 Debenture AA+ 6.81 - 8.42 8.42
equal 7.19% Uttar Pradesh State 2031 State Development Loan SOV 0.00 - 7.17 7.17
equal 8.79% Indian Railway Finance Corporation 2030 Bonds/NCDs AAA 0.28 - 0.34 0.34
equal 7.67% Tamilnadu State 22/03/2023 State Development Loan SOV 0.22 - 0.27 0.27
equal 7.27% Mizoram State 2033 State Development Loan SOV 0.00 - 0.19 0.19
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 0.14 0.14
equal 8.75% Indian Railway Finance Corporation 29/11/2026 Bonds AAA 0.08 - 0.10 0.10
equal 8.62% National Bank Agr. Rur. Devp 14/03/2034 Debenture AAA 0.02 - 4.96 0.02

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

Fund Manager

— Anuj Tagra since 28-Dec-2020

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 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:

Invest Now
0.07%

Change from previous, NAV as on 30-Nov-2021

Growth: ₹ 72.9011

IDCW Yearly: ₹ 10.5202

More

IDCW Quarterly: ₹ 12.2322

IDCW Half Yearly: ₹ 11.2285

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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 09-Jul-1998
Return Since Launch: 8.86%
Benchmark: NIFTY Long Duration Debt Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 707 Cr (As on 31-Oct-2021)
Expense: 2.00% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Yearly28-Oct-20211.3494

 10-Oct-20191.2830
 10-Oct-20170.5579
 10-Oct-20160.8354
 09-Oct-20150.0241
IDCW Quarterly29-Sep-20210.1524

 30-Dec-20200.3111
 29-Sep-20200.5182
 27-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
IDCW Half Yearly27-Sep-20210.4413

 30-Sep-20200.4706
 27-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

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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