ICICI Prudential Credit Risk Fund Direct Plan Growth
Debt
Direct
Credit Risk
NAV: ₹ 31.34 as on 24-04-2024
Fund Performance
312 people have invested ₹ 36.8L in ICICI Prudential Credit Risk Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 3 years, UTI Credit Risk Fund Direct Plan Growth Option has given 11.55% return, outperforming this fund by 4.3% per annum.
Over the last 6 months, this fund has decreased expense ratio by 8.7% moving from 0.92 to 0.84.
In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 16.02% return, outperforming this fund by 7.86%.
In the last 5 years, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.84% which is lower than the category average expense ratio of 1.22%.
About the ICICI Prudential Credit Risk Fund Direct Plan Growth
ICICI Prudential Credit Risk Fund Direct Plan 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.
Key Parameters
- ICICI Prudential Credit Risk Fund Direct Plan Growth has ₹7115 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.8.
ICICI Prudential Credit Risk Fund Direct Plan Growth Overview
 | 0.84% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹7115 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 56.4% |
ICICI Prudential Credit Risk Fund Direct Plan Growth Distribution as on (31-Mar-24)
Sector Allocation
Financial Services
81%
Real Estate
19%
Top Holdings of ICICI Prudential Credit Risk Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings3
Debt Holdings93
ICICI Prudential Credit Risk Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 7.2K Cr as of Mar'24
- AUM decreased by 63.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
ICICI Prudential Credit Risk Fund Direct Plan Growth Fund Manager
Manish Banthia
Fund Manager of ICICI Prudential Credit Risk Fund Direct Plan Growth, since 7 November 2016
Top funds managed
Ritesh Lunawat
Fund Manager of ICICI Prudential Credit Risk Fund Direct Plan Growth, since 1 May 2023
Top funds managed
ICICI Prudential Credit Risk Fund Direct Plan Growth Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 8.87% since inception which is more than its category average return of 5.25%
Fund Allocations
This fund has an allocation of 1.61% in Equity, 89.86% in Debt and 8.26% in Cash related instruments
AUM size ₹7115 Cr
This fund has AUM of ₹7115 Cr which is more than its category average of ₹ 1252 Cr
Expense Ratio 0.84%
This fund has an expense ratio of 0.84% which is less than its category average expense ratio of 1.15%
Frequently Asked Questions
The current NAV of ICICI Prudential Credit Risk Fund Direct Plan Growth is ₹31.34 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
ICICI Prudential Credit Risk Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.4% | 0.4% |
6 Month Returns | 4.63% | 4.63% |
1 Year Returns | 8.15% | 8.15% |
3 Years Returns | 23.36% | 7.25% |
5 Years Returns | 48.63% | 8.25% |
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.
0.84% as on March 2024
₹7115 Cr as on March 2024
7.18% Govt Stock 2033(14.05%), Embassy Office Parks Reit(4.2%), Varroc Engineering Limited(3.47%), Ongc Petro Additions Limited(3.15%), Aadhar Housing Finance Ltd(2.45%) as on March 2024
Corporate(67.6%), Government(17.4%), Cash Equivalent(8.28%) as on March 2024
Yield to Maturity is 8.73 as on March 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 2.55 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA | 53.64 |
AAA | 33.53 |
A | 12.83 |
Manish Banthia, Ritesh Lunawat are the fund managers of ICICI Prudential Credit Risk Fund Direct Plan Growth
The Exit load of ICICI Prudential Credit Risk Fund Direct Plan Growth is 1%