Debt
Direct
Medium Duration
NAV as on 05-09-2024
₹ 45.6
Inception Returns
8.5%
/yr
ICICI Prudential Medium Term Bond Fund Direct Growth is a debt fund. This fund was started on 24 January, 2013. The fund is managed by Ritesh Lunawat, Manish Banthia. This fund is suitable to keep your money safe.
ICICI Prudential Medium Term Bond Fund Direct Growth has given a CAGR return of 8.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.39%, 6.64% and 7.92% respectively.
ICICI Prudential Medium Term Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Consumer Cyclical, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.1% Govt Stock 2034, Godrej Properties Limited, The Great Eastern Shipping Company Limited, Pipeline Infrastructure Ltd.
As it is a medium duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To generate income through investments in a range of debt and money market instruments 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 for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. ICICI Prudential Medium Term Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.74% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹6033 Cr |
Inception Date | 24 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 69.97% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (05-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Financial Services, Corporate & Government
ICICI Prudential Medium Term Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 4.31% | 4.31% |
1 Year Returns | 8.39% | 8.39% |
3 Years Returns | 21.26% | 6.64% |
5 Years Returns | 46.36% | 7.92% |
AA | 50.44 |
AAA | 49.56 |