ICICI Prudential Medium Term Bond Fund Direct Plan Growth

ICICI Prudential Medium Term Bond Fund Direct Plan Growth

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Debt
Direct
Medium Duration
NAV: ₹ 43.6 as on 22-02-2024
Fund Performance
zero opening, trading, fund transfer fee
250 people have invested ₹ 17.9L in ICICI Prudential Medium Term Bond Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 9.45% return, outperforming this fund by 1.36% per annum.
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Over the last 1 year, this fund has decreased expense ratio by 3.9% moving from 0.77 to 0.74.
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In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.37% return, outperforming this fund by 6.67% per annum.
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In the last 1 year, Kotak Medium Term Direct Growth has given 9.09% return, outperforming this fund by 0.84%.
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This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.74% which is lower than the category average expense ratio of 0.86%.

About the ICICI Prudential Medium Term Bond Fund Direct Plan Growth

ICICI Prudential Medium Term Bond Fund Direct Plan Growth is a debt fund. This fund was started on 24 January, 2013. The fund is managed by Ritesh Lunawat, Manish Banthia. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Medium Term Bond Fund Direct Plan Growth has ₹6408 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.

ICICI Prudential Medium Term Bond Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.74%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹6408 Cr
Inception Date
Inception Date
24 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
69.97%

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

  • Debt & Cash 99.8%

Credit rating breakup

AAA
57.9%
AA
42.1%
Sector Allocation

Jan'24

Dec'23

Nov'23

Corporate
53.4%
Government
42.2%
Cash Equivalent
4.3%

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

  • Debt & Cash

Debt Holdings82
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
26.85%
39.6%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
7.01%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.05%
0%
7.06% Govt Stock 2028
7.06% Govt Stock 2028
2.34%
0%
The Great Eastern Shipping Company Limited
The Great Eastern Shipping Company Limited
2.32%
0%

ICICI Prudential Medium Term Bond Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 6.4K Cr
₹ 6.4K Cr
₹ 6.5K Cr
  • AUM of the fund stands at 6.4K Cr as of Jan'24
  • AUM decreased by 38.8 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

ICICI Prudential Medium Term Bond Fund Direct Plan Growth Fund Manager

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

ICICI Prudential Medium Term Bond Fund Direct Plan Growth 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 8.48% since inception which is more than its category average return of 4.45%
AUM size ₹6408 Cr

AUM size ₹6408 Cr

This fund has AUM of ₹6408 Cr which is more than its category average of ₹ 1554 Cr
Expense Ratio 0.74%

Expense Ratio 0.74%

This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.01%

Frequently Asked Questions

The current NAV of ICICI Prudential Medium Term Bond Fund Direct Plan Growth is ₹43.59 as on 22-Feb-2024.
Existing (Absolute + CAGR) as on 22-Feb-2024.
ICICI Prudential Medium Term Bond Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.94%
0.94%
6 Month Returns
4.03%
4.03%
1 Year Returns
8.25%
8.25%
3 Years Returns
21.49%
6.7%
5 Years Returns
47.56%
8.09%
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0.74% as on January 2024
₹6408 Cr as on January 2024
7.18% Govt Stock 2033(26.85%), 7.26% Govt Stock 2033(7.01%), Small Industries Development Bank Of India(3.05%), 7.06% Govt Stock 2028(2.34%), The Great Eastern Shipping Company Limited(2.32%) as on January 2024
Corporate(53.44%), Government(40.57%), Cash Equivalent(5.98%) as on January 2024
Yield to Maturity is 8.33 as on January 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 3.34 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
57.91
AA
42.09
Ritesh Lunawat, Manish Banthia are the fund managers of ICICI Prudential Medium Term Bond Fund Direct Plan Growth
The Exit load of ICICI Prudential Medium Term Bond Fund Direct Plan Growth is 1%