ICICI Prudential Bond Fund

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Value Research Rating

4 star

Analyst’s Choice

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Riskometer

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Moderate

₹36.7012 0.02%

As on 14-Jun-2024

Returns

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Calculate SIP Returns of ICICI Prudential 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 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 Bond Fund

Assets info

₹2,958 Cr

Exit Load (Days) info

--

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

1,000

Min. No of Cheques

6

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.

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."

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 Bond Fund

ICICI Prudential Bond Fund is mandated to invest in bonds such that the duration of the portfolio is between four to seven years.

Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential 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 Bond Fund is ₹36.7012 as of 17-Jun-2024.

The AUM of ICICI Prudential Bond Fund Fund is ₹2,958 Cr as of 31-May-2024

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

Company Percentage of Portfolio

GOI Sec 7.18 14/08/2033

54.75

GOI GOI FRB 22/09/2033

9.80

GOI Sec 7.18 24/07/2037

9.38

GOI Sec 7.10 08/04/2034

2.62

Pipeline Infrastructure (India) Pvt. Ltd SR 3 Debenture 7.96 11/03/2029

2.53
See More

As of 31-May-2024, ICICI Prudential Bond Fund had invested 106.74% in Debt and -6.74% in Cash & Cash Eq. See More

ICICI Prudential Bond Fund is 15 years 10 months old. It has delivered 8.56% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.20%
5.31%
6.91%
6.52%
7.61%
8.56%

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

The expense ratio of ICICI Prudential Bond Fund is 1.03.

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