ICICI Prudential Medium Term Bond Fund Direct Growth

ICICI Prudential Medium Term Bond Fund Direct Growth

NAV as on 28-03-2025

₹ 47.97

0.1%

1D

Inception Returns

8.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
142 people have invested ₹ 8L in ICICI Prudential Medium Term Bond Fund Direct Growth in the last three months

About ICICI Prudential Medium Term Bond Fund Direct Growth

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 Akhil Kakkar, Manish Banthia. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Medium Term Bond Fund Direct Growth has ₹5684 Cr worth of assets under management (AUM) as on Feb 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

ICICI Prudential Medium Term Bond Fund Direct Growth has given a CAGR return of 8.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.14%, 7.69% and 7.68% respectively.

Holdings

ICICI Prudential Medium Term Bond Fund Direct Growth has allocated its funds majorly in Industrial, Corporate, Government, Financial Services, Cash Equivalent, Securitize. Its top holdings are 7.1% Govt Stock 2034, Vedanta Limited, Godrej Properties Limited, Oberoi Realty Ltd., Tata Projects Limited

Taxation

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:
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 Medium Term Bond Fund Direct Growth

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 and lockin period

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.

ICICI Prudential Medium Term Bond Fund Direct Growth Overview

Expense ratio0.74%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹5684 Cr
Inception Date24 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
69.97%
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
Moderately High risk

Trailing Returns

as on (28-Mar-25)

Period
ICICI Prudential Medium Term Bond Fund Direct Growth
Medium Duration Index
1M
1.2%
0.4%
3M
2.7%
1.6%
6M
4.5%
3%
1Y
9.1%
7.2%
3Y
7.7%
6.4%
5Y
7.7%
6.7%

Fund Distribution

as on (28-Feb-25)

  • Equity 1%

  • Debt & Cash 98.6%

Sector Allocation

Feb'25

Jan'25

Dec'24

Industrial
83%
Financial Services
17%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 5.7K Cr
₹ 5.7K Cr
₹ 5.7K Cr
  • AUM of the fund stands at 5.7K Cr as of Feb'25
  • AUM increased by 8.2 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Torrent Power Limited's allocation increased from 0.26% to 1.86%
Torrent Power Limited's allocation increased from 0.26% to 1.86%
TVS Credit Services Limited's allocation increased from 0.89% to 1.96%
TVS Credit Services Limited's allocation increased from 0.89% to 1.96%
Oriental Nagpur Betul Highway Limited's allocation increased from 0.44% to 1.43%
Oriental Nagpur Betul Highway Limited's allocation increased from 0.44% to 1.43%
Top Stocks sold last month
Godrej Properties Limited's allocation decreased from 5.26 % to 2.64 %
Godrej Properties Limited's allocation decreased from 5.26 % to 2.64 %
Nirma Limited's allocation decreased from 5.26 % to 1.77 %
Nirma Limited's allocation decreased from 5.26 % to 1.77 %
Eris Lifesciences Limited's allocation decreased from 1.32 % to 1.32 %
Eris Lifesciences Limited's allocation decreased from 1.32 % to 1.32 %
Cash allocation has gone down from 7.9% to 7.4%
Cash allocation has gone down from 7.9% to 7.4%
Debt allocation has gone up from 90.7% to 91.2%
Debt allocation has gone up from 90.7% to 91.2%

Top 3 Sectors in February were Industrial, Corporate & Government

Feb'25
Industrial
83%
Corporate
65%
Government
25%
Jan'25
Industrial
84%
Corporate
62%
Government
28%
  • Equity

  • Debt & Cash

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Akhil Kakkar
Akhil Kakkar
Fund Manager of ICICI Prudential Medium Term Bond Fund Direct Growth, since 22 January 2024
Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Medium Term Bond Fund Direct Growth, since 7 November 2016
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.37L Cr
as on 28-Feb-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

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In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 14.51% return, outperforming this fund by 6.82% per annum.
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In the last 1 year, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.85% return, outperforming this fund by 4.71%.
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In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 12.87% return, outperforming this fund by 5.19% per annum.
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This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.74% which is lower than the category average expense ratio of 0.89%.

ICICI Prudential Medium Term Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

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

About the fund

This fund has delivered an average annual returns of 8.54% since inception which is more than its category average return of 6.3%
Fund Allocations

Fund Allocations

This fund has an allocation of 1.05% in Equity, 90.46% in Debt and 8.18% in Cash related instruments
AUM size ₹5684 Cr

AUM size ₹5684 Cr

This fund has AUM of ₹5684 Cr which is more than its category average of ₹ 1637 Cr
Expense Ratio 0.74%

Expense Ratio 0.74%

This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.06%

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Frequently Asked Questions for ICICI Prudential Medium Term Bond Fund Direct Growth

The current NAV of ICICI Prudential Medium Term Bond Fund Direct Growth is ₹47.97 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
ICICI Prudential Medium Term Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.18%
1.18%
6 Month Returns
4.5%
4.5%
1 Year Returns
9.14%
9.14%
3 Years Returns
24.89%
7.69%
5 Years Returns
44.76%
7.68%
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.
0.74% as on March 2025
₹5684 Cr as on March 2025
7.1% Govt Stock 2034(21.9%), Vedanta Limited(2.98%), Godrej Properties Limited(2.65%), Oberoi Realty Ltd.(2.63%), Tata Projects Limited(2.63%) as on March 2025
Corporate(62.97%), Government(25.84%), Cash Equivalent(8.21%) as on March 2025
Yield to Maturity is 8.37 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 3.21 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
59.48
AAA
40.52
Akhil Kakkar, Manish Banthia are the fund managers of ICICI Prudential Medium Term Bond Fund Direct Growth
The Exit load of ICICI Prudential Medium Term Bond Fund Direct Growth is 1%