ICICI Prudential Credit Risk Fund Direct Plan Growth - Latest NAV ₹25.3381, Returns, Performance & Portfolio

ICICI Prudential Credit Risk Fund Direct Plan Growth

  • highlight
    9.11%
  • highlight
    (--0.01)25.3381

Min amount: ₹100

Calculate Returns

Rs. 100 invested monthly becomes Rs. 68,243 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years9.11%
3 Years9.04%
1 Year9.89%
6 Months3.52%
Fund Details
ISININF109K01V00
RiskVery High Risk
Fund TypeCredit Risk
NAV25.3381
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Prestige Estates Projects Limited3.46%
6.22% Govt Stock 20353.02%
Aditya Birla Fashion and Retail Limited2.82%
Kalpataru Properties (Thane) Private Limited2.77%
182 DTB 190820212.53%
TMF Holdings Limited2.52%
The Great Eastern Shipping Company Limited2.45%
Vedanta Limited2.29%
Adarsh Advisory Services Private Limited2.28%
ICICI Bank Limited2.24%

About ICICI Prudential Credit Risk Fund - Direct Plan - Growth

The fund managers of the ICICI Prudential Credit Risk Fund intends to create income by mostly investing in bonds that are rated AA and below. The fund managers also try to keep up to balance the safety, liquidity and yield.

Pros and Cons of ICICI Prudential Credit Risk Fund - Direct Plan - Growth

The most significant benefit of investing in this fund is that you gain exposure to a variety of debt and fixed income securities. The fund managers strive to strike the right balance between yield, safety, and liquidity. On the flip side, the fund is riskier than liquid and overnight funds but is capable of providing higher returns than both of them.

Fund Information and Statistics

i) Inception/Launch Date

ICICI Prudential Credit Risk Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

ICICI Prudential Credit Risk Fund - Direct Plan - Growth has been categorised under ‘moderately risky’ class of mutual funds.

iii) Redemption

Since ICICI Prudential Credit Risk Fund - Direct Plan - Growth is open-ended, you can redeem or switch-out the units at any time.

iv) Fund Manager

Mr Manish Banthia and Mr Akhil Kakkar are the current fund manager of ICICI Prudential Credit Risk Fund - Direct Plan - Growth.

v) Entry/Exit load

There is no entry load as per the directions of the Indian market regulator. An exit load of 1% is levied to the units in excess of 10% redeemed if within one year from the date of allotment.

About ICICI Prudential Mutual Fund

The ICICI Prudential Mutual Fund is a product of the joint venture between Prudential Plc and ICICI Bank Ltd back at the end of December 1999. They also happen to be the sponsors of the ICICI fund house. The ICICI Prudential Mutual Fund registered with the Securities and Exchange Board of India (SEBI) with ICICI Prudential Trusted Ltd as the trustee. With assets worth Rs 3.67 lakh crore under its management as of June 2020, ICICI Prudential Mutual Fund is a leading fund house in India.

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Min amount: ₹100

Calculate Returns

Rs. 100 invested monthly becomes Rs. 68,243 in a period of 20 years
Very High Risk

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