ICICI Prudential Corporate Bond Fund Direct Plan Growth
Debt
Direct
Corporate Bond
NAV: ₹ 28.41 as on 16-05-2024
About the Fund
ICICI Prudential Corporate Bond Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- ICICI Prudential Corporate Bond Fund Direct Plan Growth has ₹27350 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Fund Performance
4237 people have invested ₹ 3.6Cr in ICICI Prudential Corporate Bond Fund Direct Plan Growth in the last three months
Overview
 | 0.32% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹27350 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 95.81% |
ICICI Prudential Corporate Bond Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
54.4%
Government
36.9%
Cash Equivalent
8.7%
Securitize
0%
Top Holdings of ICICI Prudential Corporate Bond Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings147
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 14.7% | 0.1% | |
8.34% Govt Stock 2033 | 8.08% | 0% | |
National Bank For Agriculture And Rural Development | 3.15% | 0% | |
Pipeline Infrastructure Ltd. | 2.96% | 0% | |
HDFC Bank Limited | 2.55% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 27.4K Cr as of Apr'24
- AUM increased by 1.1K Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 1 month, this fund has experienced a 4.3% growth in AUM moving from 26.22K Cr to 27.35K Cr.
In the last 1 year, this fund has outperformed all funds in its category.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.22% return, outperforming this fund by 0.03% per annum.
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.32% which is lower than the category average expense ratio of 0.49%.
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 7.81% return, outperforming this fund by 0.32% per annum.
Over the last 15 months, this fund has increased expense ratio by 6.7% moving from 0.30 to 0.32.
Peer Analysis
ICICI Prudential Corporate Bond 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 5.47%
AUM size ₹27350 Cr
This fund has AUM of ₹27350 Cr which is more than its category average of ₹ 6116 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of ICICI Prudential Corporate Bond Fund Direct Plan Growth is ₹28.41 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
ICICI Prudential Corporate Bond Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 3.87% | 3.87% |
1 Year Returns | 7.66% | 7.66% |
3 Years Returns | 19.76% | 6.2% |
5 Years Returns | 43.49% | 7.49% |
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.
0.32% as on April 2024
₹27350 Cr as on April 2024
7.18% Govt Stock 2033(14.7%), 8.34% Govt Stock 2033(8.08%), National Bank For Agriculture And Rural Development(3.15%), Pipeline Infrastructure Ltd.(2.96%), HDFC Bank Limited(2.55%) as on April 2024
Corporate(54.41%), Government(36.88%), Cash Equivalent(8.68%) as on April 2024
Yield to Maturity is 7.86 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 2.67 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
The Exit load of ICICI Prudential Corporate Bond Fund Direct Plan Growth is 0%