Hybrid
Direct
Fund Of Funds
NAV as on 28-10-2024
₹ 44.09
Inception Returns
8.2%
/yr
ICICI Prudential Debt Management Fund FOF Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Manish Banthia, Ritesh Lunawat. This fund gives you the benefit of diversification.
ICICI Prudential Debt Management Fund FOF Direct Growth has given a CAGR return of 8.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.58%, 6.41% and 6.96% respectively.
ICICI Prudential Debt Management Fund FOF Direct Growth has allocated its funds majorly in Industrial, Corporate, Government, Cash Equivalent, Securitize.
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio of debt oriented schemes accessed through the diversified investment styles of underlying schemes. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Debt Management Fund FOF Direct Growth has no lock in period.
Expense ratio | 0.9% |
Benchmark | CRISIL Composite Bond TR INR |
AUM | ₹119 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
Lock In | No Lock-in |
TurnOver | 32.15% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderately High risk |
as on (28-Oct-24)
as on (31-Dec-69)
Top 3 Sectors in September were Government, Corporate & Energy
ICICI Prudential Debt Management Fund FOF Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.45% | 0.45% |
6 Month Returns | 4.51% | 4.51% |
1 Year Returns | 8.58% | 8.58% |
3 Years Returns | 20.48% | 6.41% |
5 Years Returns | 40.02% | 6.96% |
AAA | 73.15 |
AA | 26.85 |