ICICI Prudential Corporate Bond Fund Direct Plan Growth - Regular - Latest NAV [ ₹24.4058 ], Returns, Performance, Portfolio & Returns 2021

ICICI Prudential Corporate Bond Fund Direct Plan Growth

  • highlight
    7.64%
  • highlight
    (-0.01)24.4058

Min amount: ₹100

Calculate Returns

20 yrs
₹100 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.64%
3 Years8.71%
1 Year4.88%
6 Months2.72%
Fund Details
ISININF109K016B1
RiskModerate Risk
Fund TypeCorporate Bond
NAV24.4058
Exit Load--

More about this fundstar

Top HoldingsWeightage
GOVT STOCK7.44%
6.76% Govt Stock 20614.49%
Net Current Assets3.8%
Housing Development Finance Corporation Limited3.74%
Reliance Industries Limited3.44%
6.10% Govt Stock 20313.32%
National Bank For Agriculture And Rural Development3.14%
National Highways Authority of India3.12%
6.67% Govt Stock 20502.96%
Hdb Financial Services Limited2.52%

About ICICI Prudential Corporate Bond Fund

ICICI Prudential Corporate Bond Fund, an open-ended debt scheme, can be the right choice for short-term savings and regular income. The fund aims to generate income by investing in corporate bonds rated AA+ and above. It also maintains an optimum balance of yield, safety, and liquidity. The ideal investment horizon for the fund is said to be 6 months and above.

Pros and Cons of ICICI Prudential Corporate Bond Fund

ICICI Prudential Corporate Bond Fund comes with nil exit load and no lock-in period as such. The one-year, three-year, and five-year returns from the fund have been higher than the category average returns. The risk-adjusted returns are higher than the other funds in the category.

Fund Information and Statistics

i) Inception/Launch Date

ICICI Prudential Corporate Bond Fund was rolled out on 11 August 2009.

ii) Risk Level

A moderate risk is associated with the principal invested in the fund as the debt scheme invests predominantly in the highest rated corporate bonds.

iii) Redemption

Since a lock-in period is not applicable to your investments, you can redeem/switch out the fund units at any time. There is no need to worry about paying exit load as it is not charged in this case.

iv) Fund Manager

The current Fund Managers for the scheme are Mr Rohan Maru, Ms Chandni Gupta, and Mr Rahul Goswami.

v) Entry/Exit Load

Entry load and exit load are not applicable to the investments under this scheme.

About ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund registered itself with the Securities and Exchange Board of India (SEBI) on 13 October 1993. The fund house has Prudential Plc and ICICI Bank Limited as sponsors and ICICI Prudential Trust Limited as the trustee company. The average assets under management (AAUM) of Rs.3,26,178.07 crore as on 30 June 2020.

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Min amount: ₹100

Calculate Returns

20 yrs
₹100 invested monthly becomes
0 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