ICICI Prudential Long Term Bond Fund

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Value Research Rating

Unrated

Analyst’s Choice

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Riskometer

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Moderate

₹82.8737 0.12%

As on 25-Jul-2024

Returns

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Calculate SIP Returns of ICICI Prudential Long Term Bond Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of ICICI Prudential Long Term Bond Fund

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of ICICI Prudential Long Term Bond Fund

Assets info

₹845 Cr

Exit Load (Days) info

--

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

1,000

Min. No of Cheques

6

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.

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."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for ICICI Prudential Long Term Bond Fund

ICICI Prudential Long Term Bond Fund is mandated to invest in bonds such that the duration of the portfolio is greater than seven years.

Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Long Term Bond Fund fund can be purchased from the website of ICICI Prudential Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of ICICI Prudential Long Term Bond Fund is ₹82.8737 as of 26-Jul-2024.

The AUM of ICICI Prudential Long Term Bond Fund Fund is ₹845 Cr as of 30-Jun-2024

The riskometer level of ICICI Prudential Long Term Bond Fund is Moderate. See More

Company Percentage of Portfolio

GOI Sec 7.18 14/08/2033

49.24

Bihar State SDL 7.69 31/01/2039

12.16

GOI Sec 7.18 24/07/2037

11.50

The Great Eastern Shipping Company Ltd Debenture 8.24 10/11/2026

6.28

GOI Sec 7.10 08/04/2034

5.31
See More

As of 30-Jun-2024, ICICI Prudential Long Term Bond Fund had invested 95.49% in Debt and 4.51% in Cash & Cash Eq. See More

ICICI Prudential Long Term Bond Fund is 26 years 0 months old. It has delivered 8.45% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.95%
5.19%
5.47%
6.08%
7.71%
8.45%

No, There is no lock in period in ICICI Prudential Long Term Bond Fund.

The expense ratio of ICICI Prudential Long Term Bond Fund is 0.95.

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