ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
Debt
Direct
Banking & Psu
NAV: ₹ 31.06 as on 17-05-2024
About the Fund
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth is a debt fund. This fund was started on 14 March, 2013. The fund is managed by Chandni Gupta. This fund is suitable to keep your money safe.
Key Parameters
- ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has ₹9056 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
588 people have invested ₹ 1Cr in ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth in the last three months
Overview
 | 0.39% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹9056 Cr |
 | 14 March, 2013 |
 | ₹500/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 194.85% |
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
51.8%
Government
43.2%
Cash Equivalent
5%
Top Holdings of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings76
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 13.64% | 4.4% | |
8.34% Govt Stock 2033 | 8.4% | 0% | |
Small Industries Development Bank Of India | 6.3% | 0% | |
HDFC Bank Limited | 4.16% | 0% | |
National Bank For Agriculture And Rural Development | 2.86% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 9.1K Cr as of Apr'24
- AUM increased by 219.6 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.51% return, outperforming this fund by 1.21% per annum.
Over the last 1 month, this fund has experienced a 2.5% growth in AUM moving from 8.83K Cr to 9.05K Cr.
In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.51% return, outperforming this fund by 0.04% per annum.
In the last 1 year, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.55%.
Peer Analysis
Fund Manager
Chandni Gupta
Fund Manager of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth, since 15 January 2015
Top funds managed
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.19% since inception which is more than its category average return of 5.49%
AUM size ₹9056 Cr
This fund has AUM of ₹9056 Cr which is more than its category average of ₹ 3678 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.49%
Frequently Asked Questions
The current NAV of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth is ₹31.06 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.82% | 0.82% |
6 Month Returns | 3.88% | 3.88% |
1 Year Returns | 7.66% | 7.66% |
3 Years Returns | 20.13% | 6.31% |
5 Years Returns | 43.33% | 7.47% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.39% as on April 2024
₹9056 Cr as on April 2024
7.18% Govt Stock 2033(13.64%), 8.34% Govt Stock 2033(8.4%), Small Industries Development Bank Of India(6.3%), HDFC Bank Limited(4.16%), National Bank For Agriculture And Rural Development(2.86%) as on April 2024
Corporate(51.75%), Government(43.22%), Cash Equivalent(5.03%) as on April 2024
Yield to Maturity is 7.77 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.55 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Chandni Gupta is the fund manager of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth
The Exit load of ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth is 0%