ICICI Prudential Credit Risk Fund Direct Growth

ICICI Prudential Credit Risk Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Akhil Kakkar, Manish Banthia. This fund is suitable to keep your money safe.

1. ICICI Prudential Credit Risk Fund Direct Growth has ₹6133 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
2. The fund has an expense ratio 0.8.
   

ICICI Prudential Credit Risk Fund Direct Growth has given a CAGR return of 8.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.03%, 8.61% and 8.41% respectively.

ICICI Prudential Credit Risk Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Real Estate, Government, Cash Equivalent, Securitize. Its top holdings are 7.1% Govt Stock 2034, Embassy Office Parks Reit, Varroc Engineering Limited, Millennia Realtors Private Limited, Vedanta Limited

As it is a credit risk 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.

To generate income through investing predominantly in AA and below rated corporate bonds 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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Credit Risk Fund Direct Growth has no lock in period.