ICICI Prudential Bond Fund Growth - Latest NAV ₹30.6039, Returns, Performance & Portfolio

ICICI Prudential Bond Fund Growth

  • highlight
    8.49%
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    (+0.02)30.6039

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 12.61 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years9%
5 Years8.49%
3 Years8.37%
1 Year12.18%
6 Months6.8%
Fund Details
ISININF109K01BO8
RiskModerate Risk
Fund TypeMedium to Long Duration
NAV30.6039
Exit Load0.25% for 31 Days

More about this fundstar

Top HoldingsWeightage
6.19% Govt Stock 203412.62%
7.57% Govt Stock 20335.71%
5.77% GOI 20304.4%
Housing and Urban Development Corporation Limited4.16%
State Bank of India3.91%
Axis Bank Limited3.77%
LIC Housing Finance Limited3.77%
Rural Electrification Corporation Limited3.75%
National Highways Authority of India3.74%
Mahanagar Telephone Nigam Limited3.71%

About ICICI Prudential Bond Fund

The Scheme is an open ended medium to long term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 to 7 years. The Macaulay duration of the portfolio is 1 to 7 years under anticipated adverse scenario.

Pros & Cons of ICICI Prudential Bond Fund

ICICI Prudential Bond Fund offers following features :-

  • The Scheme has underperformed compared to category average and benchmark in 1 year horizon however bet the benchmark and category average in 3 year and 5 year horizon.
  • The Scheme is ranked #1 in 10 year horizon amongst peers basis returns provided.

Fund Information and Statistics of ICICI Prudential Bond Fund

Inception / Launch date

The Scheme was launched on 18 August 2008 and was formerly known as ICICI Prudential Income Opportunities Fund. The Scheme is benchmarked against NIFTY Medium to Long Duration Debt Index.

Risk level

The Scheme is a debt scheme that invests in debt and money market instruments and aim to maximize income while maintaining an optimum balance of yield, safety and liquidity and thus investment in this scheme is moderately risky proposition.

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 at the official points of acceptance.

Fund Manager

The Scheme is currently being managed by Mr Manish Banthia who is managing the scheme since September 2013. He has overall 13 years of experience in financial market space.

Entry / Exit load

In respect of each purchase/switch-in of units, an exit load of 1% is charged by the fund house if units are redeemed/switched-out within 6 months from the date of allotment. No exit load is charged if units are redeemed or switched-out after 6 months from date of allotment. No entry load is charged by the fund house for subscriptions.

Tax benefits of investing in ICICI Prudential Bond FundTax benefits of investing in ICICI Prudential Bond 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. Investors do not pay any tax on dividends received but a Dividend Distribution Tax (DDT) is deducted by the fund house at source.

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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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 12.61 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