ICICI Prudential Savings Fund Direct Plan Growth

ICICI Prudential Savings Fund Direct Plan Growth

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Debt
Direct
Low Duration
NAV: ₹ 501.11 as on 12-04-2024
Fund Performance
zero opening, trading, fund transfer fee
2590 people have invested ₹ 92.6L in ICICI Prudential Savings Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.4% which is lower than the category average expense ratio of 0.66%.
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In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.4% return, outperforming this fund by 1.35% per annum.
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Over the last 1 month, this fund has experienced a 8.7% drop in AUM moving from 17.85K Cr to 16.30K Cr.
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In the last 1 year, this fund has outperformed all funds in its category.
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In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.87% return, outperforming this fund by 0.15% per annum.

About the ICICI Prudential Savings Fund Direct Plan Growth

ICICI Prudential Savings Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Manish Banthia, Rohan Maru. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Savings Fund Direct Plan Growth has ₹16302 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

ICICI Prudential Savings Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹16302 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
101.21%

ICICI Prudential Savings Fund Direct Plan Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
87.6%
AA
12.4%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
59.5%
Government
29.1%
Cash Equivalent
11.4%
Securitize
0.1%

Top Holdings of ICICI Prudential Savings Fund Direct Plan Growth as on (31-Mar-24)

  • Debt & Cash

Debt Holdings105
Holdings
Weight%
1M Change
8.25% Govt Stock 2033
8.25% Govt Stock 2033
10.74%
-2.8%
7.69% Govt Stock 2028
7.69% Govt Stock 2028
5.17%
-4.7%
LIC Housing Finance Limited
LIC Housing Finance Limited
3.98%
0%
8.1% Govt Stock 2034
8.1% Govt Stock 2034
2.85%
0%
Small Industries Development Bank of India
Small Industries Development Bank of India
2.58%
0%

ICICI Prudential Savings Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 16.3K Cr
₹ 17.9K Cr
₹ 19.1K Cr
  • AUM of the fund stands at 16.3K Cr as of Mar'24
  • AUM decreased by 1.6K Cr between Mar'24 and Feb'24
Fund Portfolio Changes

ICICI Prudential Savings Fund Direct Plan Growth Fund Manager

Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Savings Fund Direct Plan Growth, since 12 June 2023
Rohan Maru
Rohan Maru
Fund Manager of ICICI Prudential Savings Fund Direct Plan Growth, since 19 September 2013

ICICI Prudential Savings Fund Direct Plan 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 7.82% since inception which is more than its category average return of 4.98%
AUM size ₹16302 Cr

AUM size ₹16302 Cr

This fund has AUM of ₹16302 Cr which is more than its category average of ₹ 3523 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of ICICI Prudential Savings Fund Direct Plan Growth is ₹501.11 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
ICICI Prudential Savings Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.79%
0.79%
6 Month Returns
3.97%
3.97%
1 Year Returns
8.02%
8.02%
3 Years Returns
19.27%
6.05%
5 Years Returns
38.45%
6.72%
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0.4% as on March 2024
₹16302 Cr as on March 2024
8.25% Govt Stock 2033(10.74%), 7.69% Govt Stock 2028(5.17%), LIC Housing Finance Limited(3.98%), 8.1% Govt Stock 2034(2.85%), Small Industries Development Bank of India(2.58%) as on March 2024
Corporate(59.52%), Government(29.06%), Cash Equivalent(11.37%) as on March 2024
Yield to Maturity is 8.05 as on March 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 0.9 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
87.62
AA
12.38
Manish Banthia, Rohan Maru are the fund managers of ICICI Prudential Savings Fund Direct Plan Growth
The Exit load of ICICI Prudential Savings Fund Direct Plan Growth is 0%