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ICICI Prudential Bond Fund

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Debt: Medium to Long Duration

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1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Medium to Long Duration debt funds invest mainly in bonds maturing in four to 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 may experience some degree of volatility 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 an investment horizon of more than three years may consider investing 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 reduces with an increase in one’s investment horizon.

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 11.23 -0.07 0.24 0.61 2.92 5.52 11.30 8.80 8.68 9.51 8.89
VR Bond 6.95 0.04 0.01 0.50 1.85 2.40 7.41 7.13 7.21 7.79 7.57
Debt: Medium to Long Duration 9.57 -0.09 0.16 0.53 2.86 4.27 9.73 7.13 7.56 8.27 8.04
Rank within category 4 4 5 5 8 4 5 4 5 1 3
Number of funds in category 14 14 14 14 14 14 14 14 14 14 14

As on 27-Nov-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Bond Fund  | Invest Now
4 star
 Aug-08 11.30 8.80 8.68 1.13 4,239
SBI Magnum Income Fund  | Invest Online
5 star
 Nov-98 12.89 9.08 9.42 1.47 1,587
IDFC Bond Fund Income Plan - Regular Plan
4 star
 Jul-00 11.15 8.90 8.83 1.97 698
Nippon India Income Fund  | Invest Online
4 star
 Jan-98 10.30 8.88 8.77 1.79 427
Aditya Birla Sun Life Income Fund  | Invest Online
3 star
 Oct-95 12.23 8.75 8.70 0.89 1,708

Best & Worst Performance

Best (Period) Worst (Period)
Week 6.13 (11-Dec-2008 - 18-Dec-2008) -13.25 (02-Jan-2009 - 09-Jan-2009)
Month 15.55 (03-Dec-2008 - 02-Jan-2009) -7.71 (02-Jan-2009 - 03-Feb-2009)
Quarter 18.95 (03-Oct-2008 - 02-Jan-2009) -9.95 (20-May-2013 - 19-Aug-2013)
Year 27.71 (26-Nov-2008 - 26-Nov-2009) 0.83 (15-May-2013 - 15-May-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.25 3.03 1.08 2.00 1.13 1.27
VR Bond 6.75 2.09 0.85 1.51 -- --
Debt: Medium to Long Duration 6.68 3.67 0.65 1.39 1.27 -0.55
Rank within category 4 3 3 3 5 3
Number of funds in category 14 14 14 14 14 14

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

As on 31-Oct-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 70 75 67 20
Modified Duration (yrs) 5.15 5.15 3.51 5.99
Average Maturity (yrs) 7.40 7.40 4.76 7.98
Yield to Maturity (%) 5.81 7.39 5.81 6.00
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 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 12.76 10.63
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 6.09 5.63
up 5.77% GOI 2030 GOI Securities SOV 0.00 - 5.88 5.03
new 6.22% GOI 16/03/2035 GOI Securities SOV 0.00 - 4.14 4.14
equal 8.41% HUDCO 15/03/2029 Debenture AAA 4.11 - 7.56 4.11
equal 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 3.84 - 4.91 3.84
equal 7.40% LIC Housing Fin. 2024 Debenture AAA 0.00 - 3.97 3.74
equal 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 2.57 - 6.51 3.72
equal 9.15% Axis Bank 31/12/2022 Debenture AAA 3.69 - 4.85 3.69
equal 9.35% REC 15/06/2022 Bonds AAA 3.66 - 5.87 3.66
equal 8.24% MTNL 19/11/2024 Bonds AAA 3.63 - 4.65 3.63
equal 7.60% ICICI Bank 2023 Bonds AAA 3.28 - 6.31 3.28
equal 7.64% Food Corporation of India 2029 Debenture AAA 0.00 - 3.07 2.91
up 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 0.00 - 2.91 2.91
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 2.53 - 3.77 2.65
equal 8.29% State Bank of India 22/01/2025 Debenture AAA 2.57 - 3.27 2.57
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 2.60 2.56
equal 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 0.00 - 2.25 2.17
equal 7.49% Nat. Highways Authority 2029 Debenture AAA 1.04 - 2.01 2.00
equal 8.29% MTNL 25/11/2024 Bonds AAA 1.82 - 2.33 1.82
equal 7.60% Axis Bank 20/10/2023 Bonds/Debentures AAA 1.51 - 4.14 1.51
equal 9.38% MTNL 2023 Bonds AAA 1.32 - 1.72 1.32
equal 7.93% Power Finance Corp. 31/12/2029 Non Convertible Debenture AAA 0.00 - 1.62 1.27
equal 7.79% Power Finance Corp. 22/07/2030 Non Convertible Debenture AAA 0.00 - 1.43 1.26
equal 7.79% REC 21/05/2030 Debenture AAA 0.00 - 1.43 1.25

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-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:

Invest Now
-0.07%

Change from previous, NAV as on 27-Nov-2020

Growth: ₹ 30.9114

Dividend Quarterly: ₹ 11.0971

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Dividend Monthly: ₹ 11.3041

Dividend Half Yearly: ₹ 11.1301

Investment Strategy

The scheme seeks to generate income through investments in a range of debt and money market instruments while maintaining 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 (₹) 500
Minimum Balance (₹) --
Exit Load 0.25% for redemption within 30 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 18-Aug-2008
Return Since Launch: 9.62%
Benchmark: NIFTY Medium to Long Duration Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 4,239 Cr (As on 31-Oct-2020)
Expense: 1.13% (As on 31-Oct-2020)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly27-Nov-20200.0693

 29-Oct-20200.1895
 31-Jul-20200.1921
 30-Jun-20200.1485
 29-May-20200.2690
 30-Apr-20200.0978
 27-Feb-20200.1567
 30-Jan-20200.0346
 30-Dec-20190.0359
 28-Nov-20190.1008
 29-Oct-20190.1076
 27-Sep-20190.0326
 29-Aug-20190.0674
 30-Jul-20190.1483
 27-Jun-20190.0675
 28-May-20190.1439
 26-Apr-20190.0350
 26-Mar-20190.1264
 26-Feb-20190.0327
 28-Jan-20190.0349
 28-Dec-20180.1081
 26-Nov-20180.0697
 26-Oct-20180.0295
 27-Aug-20180.0387
 27-Jul-20180.0636
Dividend Quarterly23-Nov-20200.2390

 17-Aug-20200.3204
 22-May-20200.2125
 24-Feb-20200.2473
 18-Nov-20190.1744
 16-Aug-20190.3532
 16-May-20190.1431
 15-Feb-20190.1834
 15-Nov-20180.0695
 16-Aug-20180.1580
 17-May-20180.0034
 23-Nov-20170.0191
 23-Aug-20170.2292
 23-May-20170.0620
 22-Nov-20160.2538
 22-Aug-20160.3320
 20-May-20160.2979
 23-Feb-20160.0168
 26-Nov-20150.1894
 26-Aug-20150.1530
 26-May-20150.0745
 26-Feb-20150.2334
 27-Nov-20140.3253
 24-Sep-20140.0574
 27-Aug-20140.1492
Dividend Half Yearly29-Sep-20201.0333

 26-Mar-20200.1467
 26-Sep-20190.4429
 28-Mar-20190.4330
 26-Sep-20180.0707
 26-Mar-20180.0256
 25-Sep-20170.3897
 23-Mar-20170.1374
 28-Sep-20160.3175
 23-Mar-20160.1435
 16-Sep-20150.0656

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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