ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl

Debt
Direct
Credit Risk
ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl

About the Fund

ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl 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

  1. ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl has ₹6763 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl has given a CAGR return of 7.42% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.46%, 7.05% and 7.70% respectively.

Holdings

ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Real Estate, Cash Equivalent, Government, Securitize. Its top holdings are 7.18% Govt Stock 2033, Embassy Office Parks Reit, Varroc Engineering Limited, Ongc Petro Additions Limited, Millennia Realtors Private Limited

Taxation

As it is a credit risk 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.

Investment objective of ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl

To generate income through investing predominantly in AA and below 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 and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.77%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹6763 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
56.4%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 1.8%

  • Debt & Cash 97.9%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
74.2%
Real Estate
25.8%
All changes are between Oct'69 and Dec'69

Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl, since 7 November 2016
Ritesh Lunawat
Ritesh Lunawat
Fund Manager of ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl, since 1 May 2023

ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

High Risk

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

About the fund

This fund has delivered an average annual returns of 7.42% since inception which is more than its category average return of 5.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 1.83% in Equity, 81.21% in Debt and 16.66% in Cash related instruments
AUM size ₹6763 Cr

AUM size ₹6763 Cr

This fund has AUM of ₹6763 Cr which is more than its category average of ₹ 1265 Cr
Expense Ratio 0.77%

Expense Ratio 0.77%

This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.08%

Frequently Asked Questions

The current NAV of ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl is ₹11.61 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.73%
0.73%
6 Month Returns
4.04%
4.04%
1 Year Returns
8.46%
8.46%
3 Years Returns
22.66%
7.05%
5 Years Returns
44.91%
7.7%
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.
0.77% as on June 2024
₹6763 Cr as on June 2024
7.18% Govt Stock 2033(8.8%), Embassy Office Parks Reit(4.44%), Varroc Engineering Limited(3.66%), Ongc Petro Additions Limited(3.33%), Millennia Realtors Private Limited(3.1%) as on June 2024
Corporate(64.8%), Cash Equivalent(16.71%), Government(11.43%) as on June 2024
Yield to Maturity is 8.86 as on June 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 2.33 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
59.05
AAA
23.73
A
17.22
Manish Banthia, Ritesh Lunawat are the fund managers of ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Credit Risk Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl is 1%