ICICI Prudential Medium Term Bond Fund Direct Plan Bonus

ICICI Prudential Medium Term Bond Fund Direct Plan Bonus

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Debt
Direct
Medium Duration
NAV: ₹ 16.17 as on 24-04-2020

About the Fund

ICICI Prudential Medium Term Bond Fund Direct Plan Bonus is a debt fund. This fund was started on 23 September, 2014. The fund is managed by Manish Banthia, Ritesh Lunawat. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Medium Term Bond Fund Direct Plan Bonus has ₹6214 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

ICICI Prudential Medium Term Bond Fund Direct Plan Bonus has given a CAGR return of 8.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.10%, 7.75% and 8.52% respectively.

Holdings

ICICI Prudential Medium Term Bond Fund Direct Plan Bonus has allocated its funds majorly in Financial Services, Corporate, Government, Consumer Cyclical, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.26% Govt Stock 2033, The Great Eastern Shipping Company Limited, Pipeline Infrastructure Ltd., TVS Credit Services Limited

Taxation

As it is a medium duration 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 Medium Term Bond Fund Direct Plan Bonus

To generate income through investments in a range of debt and money market instruments 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 5000.00 and for SIP is INR 0.00. ICICI Prudential Medium Term Bond Fund Direct Plan Bonus has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.73%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹6214 Cr
Inception Date
Inception Date
23 September, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
69.97%

ICICI Prudential Medium Term Bond Fund Direct Plan Bonus Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
53.4%
AA
46.6%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
56.6%
Government
38%
Cash Equivalent
5.5%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 6.3K Cr
₹ 6.4K Cr
₹ 6.4K Cr
  • AUM of the fund stands at 6.3K Cr as of Apr'24
  • AUM decreased by 86.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of ICICI Prudential Medium Term Bond Fund Direct Plan Bonus as on (31-May-24)

  • Debt & Cash

Debt Holdings83
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
25.92%
0.1%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
7.23%
-0.1%
The Great Eastern Shipping Company Limited
The Great Eastern Shipping Company Limited
2.4%
0%
Pipeline Infrastructure Ltd.
Pipeline Infrastructure Ltd.
2.01%
0%
TVS Credit Services Limited
TVS Credit Services Limited
1.8%
0%

Fund Manager

Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Medium Term Bond Fund Direct Plan Bonus, since 7 November 2016
Ritesh Lunawat
Ritesh Lunawat
Fund Manager of ICICI Prudential Medium Term Bond Fund Direct Plan Bonus, since 1 May 2023

ICICI Prudential Medium Term Bond Fund Direct Plan Bonus Highlights

Risk meter
pointer

Moderately High risk

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

About the fund

This fund has delivered an average annual returns of 8.99% since inception which is more than its category average return of 4.41%
AUM size ₹6214 Cr

AUM size ₹6214 Cr

This fund has AUM of ₹6214 Cr which is more than its category average of ₹ 1528 Cr
Expense Ratio 0.73%

Expense Ratio 0.73%

This fund has an expense ratio of 0.73% which is less than its category average expense ratio of 0.97%

Frequently Asked Questions

The current NAV of ICICI Prudential Medium Term Bond Fund Direct Plan Bonus is ₹16.17 as on 24-Apr-2020.
Existing (Absolute + CAGR) as on 24-Apr-2020.
ICICI Prudential Medium Term Bond Fund Direct Plan Bonus
Absolute Returns
CAGR Returns
1 Month Returns
2.29%
2.29%
6 Month Returns
4.66%
4.66%
1 Year Returns
10.1%
10.1%
3 Years Returns
25.09%
7.75%
5 Years Returns
50.54%
8.52%
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.
0.73% as on May 2024
₹6214 Cr as on May 2024
7.18% Govt Stock 2033(25.92%), 7.26% Govt Stock 2033(7.23%), The Great Eastern Shipping Company Limited(2.4%), Pipeline Infrastructure Ltd.(2.01%), TVS Credit Services Limited(1.8%) as on May 2024
Corporate(56.92%), Government(38.94%), Cash Equivalent(4.15%) as on May 2024
Yield to Maturity is 8.3 as on May 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 3.59 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
53.39
AA
46.61
Manish Banthia, Ritesh Lunawat are the fund managers of ICICI Prudential Medium Term Bond Fund Direct Plan Bonus
The Exit load of ICICI Prudential Medium Term Bond Fund Direct Plan Bonus is 1%