VR Logo

4 star

ICICI Prudential Gilt Fund download report


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
ICICI Pru Gilt-G 0.92 0.32 0.65 1.25 1.49 1.23 3.27 6.48 6.32 7.97 8.15
CCIL All Sovereign Bond - TRI 0.18 0.96 1.27 2.31 2.76 -0.02 2.85 5.38 6.61 7.83 8.37
Debt: Gilt 0.70 0.46 0.61 1.44 2.08 0.72 2.07 5.04 5.70 7.07 7.77
Rank within category 11 24 11 22 25 7 2 1 5 3 7
Number of funds in category 28 29 29 29 29 28 27 25 25 24 21

As on 17-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Gilt Fund  | Invest Now
4 star
Aug-99 3.27 6.48 6.32 1.14 2,360
SBI Magnum Gilt Fund  | Invest Online
5 star
Dec-00 3.14 6.08 6.49 0.94 3,539
IDFC Government Securities Fund - Investment Plan - Regular Plan  | Invest Online
4 star
Dec-08 1.69 6.10 6.79 1.24 1,387
Aditya Birla Sun Life Government Securities Fund  | Invest Online
4 star
Oct-99 2.26 5.72 6.26 0.94 1,213
DSP Government Securities Fund
4 star
Sep-99 2.89 6.43 6.86 1.06 404

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 6.95 11-Dec-2008 - 18-Dec-2008 -10.64 02-Jan-2009 - 09-Jan-2009
Month 16.33 18-Nov-2008 - 18-Dec-2008 -8.54 14-Jan-2003 - 13-Feb-2003
Quarter 32.05 29-Sep-2008 - 30-Dec-2008 -12.00 20-May-2013 - 19-Aug-2013
Year 39.01 03-Jan-2008 - 02-Jan-2009 -8.18 02-Jan-2009 - 04-Jan-2010

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
ICICI Pru Gilt-G 5.91 3.40 0.71 1.17 0.72 1.52
CCIL All Sovereign Bond - TRI 4.74 4.19 0.30 0.43 -- --
Debt: Gilt 4.57 3.04 0.35 0.55 0.64 0.27
Rank within category 2 19 5 4 19 3
Number of funds in category 25 25 25 25 25 25

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 9 27 8 13
Modified Duration (yrs) 1.36 7.47 1.36 3.68
Average Maturity (yrs) 9.56 21.73 8.61 5.97
Yield to Maturity (%) 5.96 6.38 5.58 6.73
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 27.56 - 52.16 51.88
equal GOI 2028 GOI Securities SOV 0.00 - 19.95 19.62
down 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 21.78 10.19
new 7.54% GOI 23/05/2036 GOI Securities SOV 0.00 - 6.36 6.36
equal 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 4.49 4.45
equal 8.03% GOI 15/12/2024 Central Government Loan SOV 0.08 - 0.12 0.11
equal 6.88% Telangana State 31/03/2025 State Development Loan SOV 0.06 - 0.09 0.08
equal 8.15% GOI 16/10/2022 Central Government Loan SOV 0.02 - 0.04 0.03
equal 8.05% Rajasthan State 25/02/2025 State Development Loan SOV 0.02 - 0.03 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-Jul-2022

Fund Manager

— Anuj Tagra since 01-Nov-2013

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:

— Rahul Goswami since 17-Sep-2012

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:


0.32%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 81.5748

IDCW Half Yearly: ₹ 15.6359


Investment Strategy

The scheme seeks to generate steady and consistent return from a basket of government securities across various maturities through proactive fund management aimed at controlling Interest rate risk. The investment plan will invest in gilt including T-Bills with medium to long maturity, with average maturity of the portfolio normally not exceeding 8 years.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 5,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 19-Aug-1999
Return Since Launch: 9.55%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 2,360 Cr (As on 31-Jul-2022)
Expense Ratio: 1.14% (As on 30-Jun-2022)
Risk Grade: Above Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Half Yearly16-Mar-20221.2500

 17-May-20180.0845
 29-Nov-20170.0543
 28-Nov-20161.2313
 30-May-20160.4060
 23-Nov-20150.3652
 21-May-20150.8390
 26-Sep-20140.4229
 22-May-20140.4401
 22-Nov-20130.0390
 23-May-20130.9012
 23-Nov-20120.4540
 23-May-20120.4181
 23-Nov-20110.1073
 26-May-20110.1586
 26-Nov-20100.2635
 31-May-20100.2635
 30-Nov-20090.2803
 01-Jun-20090.6132
 28-Nov-20080.6132
 30-May-20080.2628
 30-Nov-20070.1752
 31-May-20070.0876
 30-Nov-20060.3508
 31-May-20060.1754

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Fax: 022-26528100

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

Upcoming Video

Investors' Hangout

Most-asked mutual fund queries answered

DateFri, 19-Aug-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot