ICICI Prudential Debt Management Fund Growth
- 9.08%
- (+0.01)30.381
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | 7.83% |
| 5 Years | 9.08% |
| 3 Years | 7.07% |
| 1 Year | 8.37% |
| 6 Months | 4.19% |
| Fund Details | |
|---|---|
| ISIN | INF109K01878 |
| Risk | Moderate Risk |
| Fund Type | Fund of Funds |
| NAV | 30.381 |
| Exit Load | 1% for 31 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| ICICI Pru Floating Interest Dir Gr | 73.97% |
| ICICI Pru Short Term Dir Gr | 24.83% |
About ICICI Prudential Advisor- Debt Management Fund
Being an open-ended debt fund, the scheme aims to provide returns, while providing high level of liquidity commensurate with low risk, through investment made primarily in the ICICI Prudential Mutual Fund schemes having asset allocation to debt securities and money market.
Pros and Cons of ICICI Prudential Advisor-Debt Management Fund
- This product is suitable for those who are seeking:
- Saving solution for short term.
- The fund invests in debt oriented schemes of ICICI Prudential Mutual Fund.
Fund Information and Statistics of ICICI Prudential Advisor-Debt Management Fund
Inception/ Launch date
The ICICI Prudential Advisor-Debt Management Fund was launched on 18 December 2003, by ICICI Prudential Mutual Fund.
Risk Level
Returns on investment are very low. The investment in this fund is subject to credit risk, interest rate risk and liquidity risk including the loss of principal. The NAV of the units may go up and down depending on the factors affecting the capital markets.
Redemption
The scheme is open for redemption of its units on all business days at NAV based prices. The dispatch of redemption proceeds within 10 business days from the date of receipt of the redemption request.
Fund Manager
Mr. Manish Banthia is the fund manager of ICICI Prudential Advisor-Debt Management Fund since June 2017.
Entry / Exit Load
The entry load for this scheme is NIL. The exit load of 0.25% is applicable if units are redeemed within 1 month from the date of allotment of the units.
Tax benefits of investing in ICICI Prudential Advisor-Debt Management Fund
If the units of this scheme are held for less than 3 years, it will be treated as short-term capital gains and are taxed as per investor’s income slab. If held for more than 3 years, the returns will be treated as long –term capital gains and taxed at 20% with indexation benefit.
About ICICI Prudential Mutual Fund
ICICI Prudential is one the leading mutual fund companies of India. It is the largest asset management company caters primarily to retail investors. The schemes of ICICI Prudential mutual funds fulfill long term as well as short term financial goal and are convenient.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns