ICICI Prudential Gilt Fund

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Debt: Gilt

1 Lakh

Investment Grown to

₹ 1.14 Lakh

₹ 10000

Monthly SIP Grown to

₹ 1.29 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 sharper ups and downs because of changes in interest rates.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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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Annual Returns

Quarterly Returns

Monthly Returns

Weekly Returns

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Amount (₹)

Start date

End date

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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	9.49	0.02	0.61	0.71	6.42	9.05	14.44	8.51	10.09	8.94	8.95
CCIL All Sovereign Bond - TRI	9.32	0.01	0.33	1.11	5.29	8.86	12.66	9.64	10.27	9.53	9.15
Debt: Gilt	8.12	-0.04	0.47	0.79	4.96	7.72	11.98	8.02	9.13	8.63	8.78
Rank within category	3	2	2	15	1	3	3	8	6	8	9
Number of funds in category	25	25	25	25	25	25	25	25	24	22	20

As on 03-Jul-2020

Peer Comparison

Fund name	Launch Date	1-Year Return	3-Year Return	5-Year Return	Expense Ratio	Assets (Cr)
ICICI Prudential Gilt Fund \| Invest Now	Aug-99	14.44	8.51	10.09	1.01	2,864
SBI Magnum Gilt Fund \| Invest Online	Dec-00	13.64	8.70	10.13	0.95	2,752
Nippon India Gilt Securities PF	Aug-08	13.34	9.40	10.55	1.71	1,381
Nippon India Gilt Securities Fund \| Invest Online	Jul-03	13.34	9.40	10.55	1.58	1,381
DSP Government Securities Fund \| Invest Online	Sep-99	14.91	9.33	9.92	1.09	1,173

Best & Worst Performance

	Best (Period)	Worst (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
Fund	8.00	3.97	0.68	1.52	0.72	-0.04
CCIL All Sovereign Bond - TRI	9.12	4.76	0.80	1.80	--	--
Debt: Gilt	7.61	3.92	0.60	1.38	0.76	-0.59
Rank within category	9	13	12	11	7	10
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 30-Jun-2020

Portfolio Aggregates

	Fund	1Y High	1Y Low	Category
Number of Securities	17	17	6	8
Modified Duration (yrs)	8.41	8.41	3.87	6.47
Average Maturity (yrs)	16.40	16.40	6.04	10.04
Yield to Maturity (%)	6.30	7.07	6.30	5.86

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company	Instrument	Credit Rating	1Y Range	% Assets
7.57% GOI 17/06/2033	GOI Securities	SOV	9.28 - 84.28	39.68
6.45% GOI 2029	GOI Securities	SOV	0.00 - 17.90	17.90
7.19% GOI 15/09/2060	GOI Securities	SOV	0.00 - 14.39	14.20
6.19% GOI 16/09/2034	GOI Securities	SOV	0.00 - 10.00	10.00
7.16% GOI 20/09/2050	GOI Securities	SOV	0.00 - 9.58	6.01
5.79% GOI 2030	GOI Securities	SOV	0.00 - 3.50	3.50
7.95% Jammu & Kashmir State 26/03/2030	State Development Loan	SOV	0.00 - 4.79	2.50
8.31% Rajasthan State 2027	State Development Loan	SOV	0.00 - 3.27	2.31
8.39% Andhra Pradesh State 27/01/2026	State Development Loan	SOV	0.00 - 0.27	0.19
6.99% Andhra Pradesh State 26/10/2020	State Development Loan	SOV	0.18 - 0.58	0.18
8.03% GOI 15/12/2024	Central Government Loan	SOV	0.10 - 0.25	0.10
8.15% GOI 16/10/2022	Central Government Loan	SOV	0.03 - 0.08	0.03
HSBC 2025	Interest Rate Swap	--	0.00 - -0.87	-0.87
Axis Bank 30/04/2024	Interest Rate Swap	--	0.00 - -1.75	-1.75
ICICI Bank 30/04/2024	Interest Rate Swap	--	0.00 - -1.75	-1.75
HSBC 2025	Interest Rate Swap	--	0.00 - -2.62	-2.62
IDFC First Bank 2024	Interest Rate Swap	--	0.00 - -3.49	-3.49

Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio

As on 31-May-2020

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:

Invest Now

0.02%

Change from previous, NAV as on 03-Jul-2020

Growth: ₹ 75.7248

Dividend Half Yearly: ₹ 15.6919

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.

Minimum Investment (₹)	5,000
Minimum Addl Investment (₹)	5,000
Minimum SIP Investment (₹)	1,000
Minimum No of Cheques	6
Minimum Withdrawal (₹)	1
Minimum Balance (₹)	--

Exit Load	0

Exit Load

Fund House:	ICICI Prudential Mutual Fund
Launch Date:	19-Aug-1999
Return Since Launch:	10.18%
Benchmark:	CRISIL Dynamic Gilt TRI
Riskometer:	Moderate
Type:	Open-ended
Assets:	₹ 2,864 Cr (As on 31-May-2020)
Expense:	1.01% (As on 31-May-2020)
Risk Grade:	Average
Return Grade:	Average

Plan

Record Date

Dividend (₹ / Unit)

Dividend Half Yearly

17-May-2018

0.0845

More...

	29-Nov-2017	0.0543
	28-Nov-2016	1.2313
	30-May-2016	0.4060
	23-Nov-2015	0.3652
	21-May-2015	0.8390
	26-Sep-2014	0.4229
	22-May-2014	0.4401
	22-Nov-2013	0.0390
	23-May-2013	0.9012
	23-Nov-2012	0.4540
	23-May-2012	0.4181
	23-Nov-2011	0.1073
	26-May-2011	0.1586
	26-Nov-2010	0.2635
	31-May-2010	0.2635
	30-Nov-2009	0.2803
	01-Jun-2009	0.6132
	28-Nov-2008	0.6132
	30-May-2008	0.2628
	30-Nov-2007	0.1752
	31-May-2007	0.0876
	30-Nov-2006	0.3508
	31-May-2006	0.1754
	30-Nov-2005	0.2280

Fund News - 25-May-2018

Benchmark Changes in Schemes of ICICI Prudential Mutual Fund
Fund News - 18-Apr-2018

Name of ICICI Prudential Long Term Gilt Fund changes to ICICI Prudential Gilt Fund
Fund News - 18-Apr-2018

Merger of Three Funds with ICICI Prudential Long Term Gilt Fund
Fundwire - 22-Dec-2017

Debt fund managers on G-sec yield rise
Fund News - 25-May-2016

ICICI Pru Exports and Other Services Fund announces dividend at Rs. 2.05 per unit

ICICI Prudential Gilt Fund

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₹ 1.29 Lakh

₹ 4.28 Lakh

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Trailing Returns (%)

Peer Comparison

Best & Worst Performance

Risk Measures (%)

Portfolio Aggregates

Value Research Fund Style

Credit Rating vis-à-vis Category

Top Holdings

Fund Manager

0.02%

Investment Strategy

Investment Details

Basic Details

Most Recent Dividends

News & Analysis

Contact Information

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