ICICI Prudential Gilt Fund Growth - Latest NAV ₹77.0458, Returns, Performance & Portfolio

ICICI Prudential Gilt Fund Growth

  • highlight
    9.44%
  • highlight
    (+0.27)77.0458

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 14.24 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years9.08%
5 Years9.44%
3 Years9%
1 Year13.26%
6 Months4.43%
Fund Details
ISININF109K01JR4
RiskModerate Risk
Fund TypeGovernment Bond
NAV77.0458
Exit Load--

More about this fundstar

Top HoldingsWeightage
6.19% Govt Stock 203442.04%
5.77% GOI 203034.65%
7.19% Govt Stock 20605.17%
7.57% Govt Stock 20334.9%
8.33% Govt Stock 20262.66%
8.15% Govt Stock 20261.72%
08.31 RJ SDL 20271.55%
GOVT STOCK1.38%
6.79% Govt Stock 20291.23%
7.27% Govt Stock 20261.15%

About ICICI Prudential Gilt Fund

The Scheme is an open ended debt scheme investing in government securities across maturity with primary objective to generate income through gilt securities. The Scheme endeavour to investment at-least 80% of corpus in government securities and maximum 20% investment in other debt securities and money market instruments.

Pros & Cons of ICICI Prudential Gilt Fund

ICICI Prudential Gilt Fund offers following features:

  • The Scheme has beaten the benchmark in 3 year and 5 year investment horizon however under-performed in 1 year horizon.
  • The Scheme has provided CAGR return of 9.69% since inception which is above the benchmark returns

Fund Information and Statistics of ICICI Prudential Gilt Fund

i) Inception / Launch date

The Scheme was launched on 19 August 1999 and was formerly known as ICICI Prudential Long Term Gilt Fund. The Scheme is benchmarked against CRISIL Gilt Index.

ii) Risk level

The Scheme is a debt scheme that invests in government securities and money market instruments. The investment in this scheme is moderately risky bet and recommended investment horizon is at-least 1 year.

iii) Redemption

The Scheme is open for repurchase/redemptions on all business days. Redemption proceeds are despatched within 10 business days from the date of the receipt of valid redemption request.

iv) Fund Manager

The Scheme is currently being co-managed by Mr. Rahul Goswami who is managing the scheme since September 2012 and Mr Anuj Tagra who is managing the scheme since October 2013.

v) Entry / Exit load

There is no exit load charged by the fund house for any redemption/switched-out from the Scheme. Entry load is not applicable for subscriptions/switch-in of units.

Tax benefits of investing in ICICI Prudential Gilt Fund

Long Term Capital Gains (“LTCG”) are taxed @ 20% after indexation if units are held for more than 36 months. Short term capital gains (“STCG”) are taxed as per the income tax slab. It is advisable to hold the investment for more than 36 months to avail tax benefits.

About ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential Plc. Prudential Plc is one of the largest players in UK financial services sector. The fund house offers investment options such as diversified to sector specific equity schemes, balanced and fixed income funds. Mr. Nimesh Shah is MD & CEO of the Fund House.

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 14.24 Lakhs in a period of 20 years
Moderate 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