ICICI Prudential Banking and PSU Debt Fund - Growth
Fund House: ICICI Prudential Mutual Fund| Category: Debt: Banking and PSU |
| Launch Date: 01-01-2010 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Banking and PSU Debt |
| Expense Ratio: 0.8% As on (31-07-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 100.0 |
| Total Assets: 8,185.99 Cr As on (31-08-2022) |
| Turn over: - | Exit Load: Nil |
26.6561
0.01 (0.051%)
8.0%
S&P BSE India Bond Index 8.76%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The Scheme seeks to generate regular income through investments in a basket of debt and money market instruments consisting predominantly of securities issued by entities such as Banks and Public Sector Undertakings (PSU) with a view to providing reasonable returns, while maintaining an optimum balance of safety, liquidity and yield.
Current Asset Allocation (%)
Indicators
| Volatility | 2.42 |
| Sharp Ratio | 1.35 |
| Alpha | 3.53 |
| Beta | 1.03 |
| Yield to Maturity | 6.52 |
| Average Maturity | 6.53 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| ICICI Prudential Banking and PSU Debt Fund - Growth | 01-01-2010 | 3.38 | 4.79 | 6.29 | 6.38 | 8.01 |
| UTI Banking & PSU Debt Fund- Regular Plan - Growth Option | 05-01-2014 | 8.84 | 6.42 | 7.31 | 5.28 | - |
| ITI Banking & PSU Debt Fund - Regular Plan - Growth Option | 23-10-2020 | 3.21 | - | - | - | - |
| Axis Banking & PSU Debt Fund - Regular Plan - Growth option | 01-06-2012 | 2.7 | 3.73 | 5.77 | 6.87 | 7.7 |
| IDFC-IDFC Banking & PSU Debt Fund - Regular Growth | 07-03-2013 | 2.69 | 3.87 | 6.23 | 7.08 | - |
| Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth | 05-04-2008 | 2.57 | 4.18 | 6.19 | 6.66 | 8.33 |
| Aditya Birla Sun Life Banking & PSU Debt Fund - Retail Plan-Growth | 19-04-2002 | 2.57 | 4.18 | 6.19 | 6.66 | 8.28 |
| Kotak Banking and PSU Debt - Growth | 29-12-1998 | 2.48 | 4.19 | 6.24 | 6.82 | 7.91 |
| HDFC Banking and PSU Debt Fund - Growth Option | 03-03-2014 | 2.33 | 4.09 | 6.12 | 6.54 | - |
| Franklin India Banking & PSU Debt Fund - Growth | 05-04-2014 | 2.2 | 3.81 | 5.64 | 6.66 | - |
Scheme Characteristics
Minimum investment in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions - 80% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.06%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
