ICICI Prudential Corporate Bond Fund - Fortnightly Dividend

(Erstwhile ICICI Prudential Ultra Short Term - Fortnightly Dividend)
Category: Debt: Corporate Bond
Launch Date: 12-06-2009
Asset Class: Fixed Interest
Benchmark: CRISIL Medium Term Corporate Bond Index
Expense Ratio: 0.56% As on (31-10-2019)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 10,587.33 Cr As on (31-10-2019)
Turn over: - | Exit Load: 0.00% - 0 day

10.2411

4.73%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE India Bond Index
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The fund that aims at generating regular income through investments in a portfolio of debt and money market securities of very short maturities while ensuring safety and liquidity of investment. The fund will keep a minimum of 20 per cent of its assets in money market instruments, and the rest in debt market instruments.

Current Asset Allocation (%)

Indicators

Volatility 1.05
Sharp Ratio 3.06
Alpha -1.64
Beta 1.0
Yield to Maturity 6.87
Average Maturity 2.45

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
ICICI Prudential Corporate Bond Fund - Fortnightly Dividend 12-06-2009 7.31 5.65 5.18 5.99 4.97
L&T Triple Ace Bond Fund-Regular Plan-Growth 31-03-1997 14.17 9.06 5.79 7.47 7.42
UTI Corporate Bond Fund - Regular Plan - Growth Option 08-08-2018 12.7 - - - -
Sundaram Corporate Bond Fund Regular - Growth 30-12-2004 12.64 7.78 6.8 8.37 7.54
DSP Corporate Bond Fund - Regular - Growth 05-09-2018 12.21 - - - -
Invesco India Corporate Bond Fund - Growth 02-08-2007 12.07 6.95 4.57 7.38 7.69
HDFC Corporate Bond Fund - Growth Option 29-06-2010 11.27 8.26 7.54 8.59 -
Franklin India Corporate Debt Fund - Growth 23-06-1997 10.94 8.4 8.13 8.48 8.91
ICICI Prudential Corporate Bond Fund Retail Growth 12-06-2009 10.41 8.02 7.3 8.29 8.1
ICICI Prudential Corporate Bond Fund - Growth 12-06-2009 10.36 7.95 7.26 8.28 7.22

Scheme Characteristics

Minimum investment in corporate bonds - 80% of total assets (only in highest rated instruments).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

99.99%

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

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