ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth

ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth

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Debt
Direct
Banking & Psu
NAV: ₹ 31.15 as on 27-05-2024

About the Fund

ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth is a debt fund. This fund was started on 14 March, 2013. The fund is managed by Chandni Gupta. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has ₹9250 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.
Fund Performance
zero opening, trading, fund transfer fee
593 people have invested ₹ 98.9L in ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth in the last three months

Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹9250 Cr
Inception Date
Inception Date
14 March, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
194.85%

ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
51.8%
Government
43.2%
Cash Equivalent
5%

Top Holdings of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings80
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
13.45%
4.4%
8.34% Govt Stock 2033
8.34% Govt Stock 2033
8.18%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
6.18%
0%
HDFC Bank Limited
HDFC Bank Limited
4.07%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
2.8%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 9.1K Cr
₹ 8.8K Cr
₹ 8.7K Cr
  • AUM of the fund stands at 9.1K Cr as of Apr'24
  • AUM increased by 219.6 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
Over the last 3 months, this fund has experienced a 10.2% growth in AUM moving from 8.39K Cr to 9.24K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.55%.
Insights icon
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.54% return, outperforming this fund by 1.26% per annum.
Insights icon
In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.43% return, outperforming this fund by 0.07% per annum.

Fund Manager

Chandni Gupta
Chandni Gupta
Fund Manager of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth, since 15 January 2015

ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.19% since inception which is more than its category average return of 5.51%
AUM size ₹9250 Cr

AUM size ₹9250 Cr

This fund has AUM of ₹9250 Cr which is more than its category average of ₹ 3706 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.49%

Frequently Asked Questions

The current NAV of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth is ₹31.15 as on 27-May-2024.
Existing (Absolute + CAGR) as on 27-May-2024.
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.88%
0.88%
6 Month Returns
4.09%
4.09%
1 Year Returns
7.66%
7.66%
3 Years Returns
20.07%
6.29%
5 Years Returns
42.68%
7.37%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.39% as on April 2024
₹9250 Cr as on April 2024
7.18% Govt Stock 2033(13.45%), 8.34% Govt Stock 2033(8.18%), Small Industries Development Bank Of India(6.18%), HDFC Bank Limited(4.07%), National Bank For Agriculture And Rural Development(2.8%) as on April 2024
Corporate(52.8%), Government(42.93%), Cash Equivalent(4.27%) as on April 2024
Yield to Maturity is 7.77 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.55 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Chandni Gupta is the fund manager of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
The Exit load of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth is 0%