ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth

Debt
Direct
Index Funds - Fixed Income
ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth

About the Fund

ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth is a debt fund. This fund was started on 11 October, 2022. The fund is managed by Chandni Gupta. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth has ₹900 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth has given a CAGR return of 8.52% since inception. Over the last 1 year the fund has given a CAGR return of 7.69%.

Holdings

ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 8.97% Govt Stock 2030, 9.2% Govt Stock 2030, 7.61% Govt Stock 2030, 7.88% Govt Stock 2030, 5.85% Govt Stock 2030

Taxation

As it is a index funds - fixed income 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 Nifty G Sec Dec 2030 Index Fund Direct Growth

The investment objective of the scheme is to track the Nifty G-sec Dec 2030 Index by investing in Government Securities, maturing on or before Dec 2030, subject to tracking errors.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
11 people have invested ₹ 7K in ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.2%
Benchmark
Nifty G-sec Dec 2030 Index.
AUM₹900 Cr
Inception Date11 October, 2022
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
64.62%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
96.8%
Cash Equivalent
3.2%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
8.97% Govt Stock 2030
8.97% Govt Stock 2030
54.04%
0%
9.2% Govt Stock 2030
9.2% Govt Stock 2030
19.77%
0%
7.61% Govt Stock 2030
7.61% Govt Stock 2030
9.29%
0%
7.88% Govt Stock 2030
7.88% Govt Stock 2030
7.29%
0%
5.85% Govt Stock 2030
5.85% Govt Stock 2030
3.64%
0%

Chandni Gupta
Chandni Gupta
Fund Manager of ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth, since 12 June 2023

ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 8.52% since inception which is more than its category average return of 6.36%
AUM size ₹900 Cr

AUM size ₹900 Cr

This fund has AUM of ₹900 Cr which is less than its category average of ₹ 1539 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.27%

Frequently Asked Questions

The current NAV of ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth is ₹11.54 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.86%
0.86%
6 Month Returns
4.19%
4.19%
1 Year Returns
7.69%
7.69%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.2% as on June 2024
₹900 Cr as on June 2024
8.97% Govt Stock 2030(54.04%), 9.2% Govt Stock 2030(19.77%), 7.61% Govt Stock 2030(9.29%), 7.88% Govt Stock 2030(7.29%), 5.85% Govt Stock 2030(3.64%) as on June 2024
Yield to Maturity is 7.21 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 4.76 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Chandni Gupta is the fund manager of ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth
The Exit load of ICICI Prudential Nifty G Sec Dec 2030 Index Fund Direct Growth is 0%