ICICI Prudential Medium Term Bond Fund Direct Plan Growth
- 8.77%
- (--0.01)36.3836
Min amount: ₹1,000
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 8.77% |
| 3 Years | 8.66% |
| 1 Year | 10.9% |
| 6 Months | 3.29% |
| Fund Details | |
|---|---|
| ISIN | INF109K015A5 |
| Risk | Moderately High risk |
| Fund Type | Medium Duration |
| NAV | 36.3836 |
| Exit Load | 1% for 365 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| 6.22% Govt Stock 2035 | 6.55% |
| Coastal Gujarat Power Limited | 5.04% |
| Bangalore Airport Hotel Limited | 3.89% |
| GMR Aero Technic Limited | 2.73% |
| 07.19 UP SDL 2031 | 2.71% |
| Bharat Sanchar Nigam Limited | 2.56% |
| 07.17 UP SDL 2031 | 2.39% |
| The Great Eastern Shipping Company Limited | 2.35% |
| Embassy Office Parks REIT | 2.32% |
| Tata Projects Limited | 2.01% |
About ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth
The main intention of this mutual fund scheme is to generate returns in the long run by investing in a variety of fixed-income securities across debt and money markets. The fund managers strive to maintain the right balance between liquidity, yield, and safety.
Pros and Cons of ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth
The most significant advantage of investing in this is that you get exposure towards a portfolio consisting of various fixed-income securities. Also, the risk level is on the lower side as the equity exposure is on the lower side, thus making the fund suitable for risk-averse investors. On the flip side, the returns can be curtailed due to minimal exposure towards equity-linked securities.
Fund Information and Statistics
i) Inception/Launch Date
ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth has been categorised under the class of 'moderately risky' mutual funds.
iii) Redemption
Since ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth is an open-ended mutual fund, you can redeem your investment at any time.
iv) Fund Manager
ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth is currently being managed by Mr Shadab Rizvi and Mr Manish Banthia.
v) Entry/Exit Load
There is no entry load levied as per the directives of the Indian market regulator. An exit load of 1% is charged on the units in excess of 10% on redeeming within a period of one year from the date of allotment.
About ICICI Prudential Mutual Fund
A joint venture between Prudential Plc and ICICI Bank Ltd resulted in the constitution of ICICI Prudential Mutual Fund. The fund house officially registered with the Securities and Exchange Board of India (SEBI) with ICICI Prudential. Trustee Ltd as its trustee. With assets worth a massive Rs 3.67 lakh crore under its management as of June 2020, the ICICI fund house is now one of the largest asset management companies in India.
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Min amount: ₹1,000
Calculate Returns
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