ICICI Prudential Credit Risk Fund Direct Growth

ICICI Prudential Credit Risk Fund Direct Growth

NAV as on 25-04-2025

₹ 34.47

Inception Returns

9%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
245 people have invested ₹ 17.6L in ICICI Prudential Credit Risk Fund Direct Growth in the last three months

About ICICI Prudential Credit Risk Fund Direct Growth

ICICI Prudential Credit Risk Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Akhil Kakkar, Manish Banthia. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Credit Risk Fund Direct Growth has ₹6133 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

ICICI Prudential Credit Risk Fund Direct Growth has given a CAGR return of 8.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.92%, 8.23% and 8.30% respectively.

Holdings

ICICI Prudential Credit Risk Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Real Estate, Government, Cash Equivalent, Securitize. Its top holdings are 7.1% Govt Stock 2034, Embassy Office Parks Reit, Varroc Engineering Limited, Millennia Realtors Private Limited, Vedanta Limited

Taxation

As it is a credit risk mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of ICICI Prudential Credit Risk Fund Direct Growth

To generate income through investing predominantly in AA and below rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Credit Risk Fund Direct Growth has no lock in period.

ICICI Prudential Credit Risk Fund Direct Growth Overview

Expense ratio0.77%
Benchmark
CRISIL Credit Risk Debt TR INR
AUM₹6133 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
56.4%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (25-Apr-25)

Period
ICICI Prudential Credit Risk Fund Direct Growth
Credit Risk Index
1M
1.5%
0.9%
3M
2.9%
3.7%
6M
4.7%
5.4%
1Y
9.9%
10.1%
3Y
8.2%
7.9%
5Y
8.3%
9.3%

Fund Distribution

as on (31-Mar-25)

  • Equity 1.6%

  • Debt & Cash 98%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Financial Services
66.5%
Real Estate
33.5%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 6.1K Cr
₹ 6.2K Cr
₹ 6.3K Cr
  • AUM of the fund stands at 6.1K Cr as of Mar'25
  • AUM decreased by 56.5 Cr between Mar'25 and Feb'25
Top Stocks bought last month
TVS Credit Services Limited's allocation increased from 0.32% to 1.53%
TVS Credit Services Limited's allocation increased from 0.32% to 1.53%
Macrotech Developers Ltd.'s allocation increased from 0% to 0.88%
Macrotech Developers Ltd.'s allocation increased from 0% to 0.88%
Avanse Financial Services Limited's allocation increased from 0.13% to 0.95%
Avanse Financial Services Limited's allocation increased from 0.13% to 0.95%
Top Stocks sold last month
JM Financial Asset Reconstruction Company Limited's allocation decreased from 1.2 % to 1.2 %
JM Financial Asset Reconstruction Company Limited's allocation decreased from 1.2 % to 1.2 %
Prism Cement Limited's allocation decreased from 1.11 % to 1.11 %
Prism Cement Limited's allocation decreased from 1.11 % to 1.11 %
Godrej Industries Limited's allocation decreased from 1.05 % to 0.8 %
Godrej Industries Limited's allocation decreased from 1.05 % to 0.8 %
Cash allocation has gone down from 12.4% to 8.9%
Cash allocation has gone down from 12.4% to 8.9%
Debt allocation has gone up from 85.6% to 89.1%
Debt allocation has gone up from 85.6% to 89.1%

Top 3 Sectors in March were Financial Services, Corporate & Real Estate

Mar'25
Corporate
71%
Financial Services
66%
Real Estate
34%
Feb'25
Financial Services
71%
Corporate
71%
Real Estate
29%
  • Equity

  • Debt & Cash

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
ICICI Prudential Credit Risk Fund Direct Growth
ICICI Prudential Credit Risk Fund Direct Growth
9.92%
8.23%
8.3%
8.96%
DSP Credit Risk Fund Direct Plan Growth
DSP Credit Risk Fund Direct Plan Growth
23.38%
14.88%
11.63%
9.09%
Nippon India Credit Risk Fund Direct Plan Growth Option
Nippon India Credit Risk Fund Direct Plan Growth Option
10.21%
8.33%
9.13%
7.53%
SBI Credit Risk Fund Direct Plan Growth
SBI Credit Risk Fund Direct Plan Growth
9.96%
8.34%
7.94%
8.71%
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Akhil Kakkar
Akhil Kakkar
Fund Manager of ICICI Prudential Credit Risk Fund Direct Growth, since 22 January 2024
Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Credit Risk Fund Direct Growth, since 7 November 2016
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.04L Cr
as on 31-Mar-2025
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com

Mutual Fund Insights

Insights icon
Over the last 1 year, this fund has decreased expense ratio by 12.5% moving from 0.88 to 0.77.
Insights icon
In the last 5 years, DSP Credit Risk Fund Direct Plan Growth has given 11.68% return, outperforming this fund by 3.38% per annum.
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Over the last 6 months, this fund has experienced a 4.6% drop in AUM moving from 6.42K Cr to 6.13K Cr.
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In the last 3 years, DSP Credit Risk Fund Direct Plan Growth has given 14.84% return, outperforming this fund by 6.61% per annum.
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This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.77% which is lower than the category average expense ratio of 1.21%.
Insights icon
In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 23.34% return, outperforming this fund by 13.41%.

ICICI Prudential Credit Risk Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.96% since inception which is more than its category average return of 6.29%
Fund Allocations

Fund Allocations

This fund has an allocation of 1.64% in Equity, 88.97% in Debt and 9.03% in Cash related instruments
AUM size ₹6133 Cr

AUM size ₹6133 Cr

This fund has AUM of ₹6133 Cr which is more than its category average of ₹ 1253 Cr
Expense Ratio 0.77%

Expense Ratio 0.77%

This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.16%

Frequently Asked Questions for ICICI Prudential Credit Risk Fund Direct Growth

The current NAV of ICICI Prudential Credit Risk Fund Direct Growth is ₹34.47 as on 25-Apr-2025.
Existing (Absolute + CAGR) as on 25-Apr-2025.
ICICI Prudential Credit Risk Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.52%
1.52%
6 Month Returns
4.7%
4.7%
1 Year Returns
9.92%
9.92%
3 Years Returns
26.79%
8.23%
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.
0.77% as on March 2025
₹6133 Cr as on March 2025
7.1% Govt Stock 2034(9.56%), Embassy Office Parks Reit(4.11%), Varroc Engineering Limited(3.57%), Millennia Realtors Private Limited(3.44%), Vedanta Limited(3.26%) as on March 2025
Corporate(68.31%), Government(16.51%), Cash Equivalent(7.13%) as on March 2025
Yield to Maturity is 8.58 as on March 2025. 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 2.28 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
58.28
AAA
24.42
A
16.56
Akhil Kakkar, Manish Banthia are the fund managers of ICICI Prudential Credit Risk Fund Direct Growth
The Exit load of ICICI Prudential Credit Risk Fund Direct Growth is 1%