Debt
Direct
Corporate Bond
NAV as on 04-12-2024
₹ 29.76
▲0.1%
1D
Inception Returns
8.2%
/yr
ICICI Prudential Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Manish Banthia, Ritesh Lunawat. This fund is suitable to keep your money safe.
ICICI Prudential Corporate Bond Fund Direct Growth has given a CAGR return of 8.22% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.55%, 6.82% and 7.18% respectively.
ICICI Prudential Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.93% Govt Stock 2033, National Bank For Agriculture And Rural Development, Pipeline Infrastructure Private Limited, Small Industries Development Bank Of India
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To generate income through investing predominantly in AA+ and above rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Corporate Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.35% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹27237 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 95.81% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (04-Dec-24)
as on (31-Dec-69)
Top 2 Sectors in October were Corporate, Government
ICICI Prudential Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.74% | 0.74% |
6 Month Returns | 4.46% | 4.46% |
1 Year Returns | 8.55% | 8.55% |
3 Years Returns | 21.9% | 6.82% |
5 Years Returns | 41.44% | 7.18% |
AAA | 98.37 |
AA | 1.63 |