ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 27 Fund Direct Growth

ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 27 Fund Direct Growth is a debt fund. This fund was started on 28 September, 2021. The fund is managed by . This fund is suitable to keep your money safe.

1. ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 27 Fund Direct Growth has ₹9106 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.2.
   

ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 27 Fund Direct Growth has given a CAGR return of 6.01% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.25% and 7.91% respectively.

ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 27 Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 07.45 RJ Sdl 2027, 07.18 Tn SDL 2027, 07.20 MH Sdl 2027, National Bank For Agriculture And Rural Development, Indian Railway Finance Corporation Limited

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to track the Nifty PSU Bond Plus SDL Sep 2027 40:60 Index by investing in AAA rated PSU bonds and SDLs, maturing on or before Sep 2027, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved and the scheme does not assure or guarantee any returns.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. ICICI Prudential Nifty PSU Bond Plus SDL Sep 27 40:60 27 Fund Direct Growth has no lock in period.