ICICI Prudential Corporate Bond Fund - Direct Plan - Growth
Debt
Direct
Corporate Bond
NAV: ₹ 27.1 as on 22-09-2023
Fund Performance
4951 people have invested ₹ 4.4Cr in ICICI Prudential Corporate Bond Fund - Direct Plan - Growth in the last three months
Fund Insights
In the last 1 year, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.32% which is lower than the category average expense ratio of 0.48%.
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 8.36% return, outperforming this fund by 0.59% per annum.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.09% return, outperforming this fund by 0.14% per annum.
Over the last 1 year, this fund has increased expense ratio by 18.5% moving from 0.27 to 0.32.
Over the last 6 months, this fund has experienced a 36.5% growth in AUM moving from 17.34K Cr to 23.66K Cr.
About the Fund
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- ICICI Prudential Corporate Bond Fund - Direct Plan - Growth has ₹23666 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth Overview
 | 0.32% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹23666 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 95.81% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
56.2%
Government
37.4%
Cash Equivalent
6.3%
Securitize
0.1%
Top Holdings of ICICI Prudential Corporate Bond Fund - Direct Plan - Growth as on (31-Aug-23)
Debt Holdings139
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 8.51% Govt Stock 2033 | 12.17% | 0% | |
7.06% Govt Stock 2028 | 5.24% | 0% | |
7.38% Govt Stock 2027 | 4.42% | 14.2% | |
7.879999999999999% Govt Stock 2028 | 3.28% | -11.8% | |
HDFC Bank Limited | 3.05% | 0% |
See all
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 23.2K Cr as of Aug'23
- AUM increased by 587.9 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.24% since inception which is more than its category average return of 5.45%
AUM size ₹23666 Cr
This fund has AUM of ₹23666 Cr which is more than its category average of ₹ 5713 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.58%
Frequently Asked Questions
The current NAV of ICICI Prudential Corporate Bond Fund - Direct Plan - Growth is ₹27.1 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.74% | 0.74% |
6 Month Returns | 4.47% | 4.47% |
1 Year Returns | 7.84% | 7.84% |
3 Years Returns | 18.91% | 5.94% |
5 Years Returns | 45.32% | 7.76% |
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.
0.32% as on August 2023
₹23666 Cr as on August 2023
8.51% Govt Stock 2033(12.17%), 7.06% Govt Stock 2028(5.24%), 7.38% Govt Stock 2027(4.42%), 7.879999999999999% Govt Stock 2028(3.28%), HDFC Bank Limited(3.05%) as on August 2023
Corporate(56.15%), Government(38.56%), Cash Equivalent(5.19%) as on August 2023
Yield to Maturity is 7.83 as on August 2023. 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 1.77 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
The Exit load of ICICI Prudential Corporate Bond Fund - Direct Plan - Growth is 0%