ICICI Prudential Gilt Fund - Growth
(Erstwhile ICICI Prudential Long Term Gilt Fund - Growth)
Fund House: ICICI Prudential Mutual Fund| Category: Debt: Gilt |
| Launch Date: 19-08-1999 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Dynamic Gilt TRI |
| Expense Ratio: 1.14% As on (30-06-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 5000.0 |
| Total Assets: 2,360.01 Cr As on (31-07-2022) |
| Turn over: - | Exit Load: Nil |
80.941
0.02 (0.0215%)
9.52%
S&P BSE India 10 Year Sovereign Bond 6.11%
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 steady and consistent return from a basket of government securities across various maturities through proactive fund management aimed at controlling Interest rate risk.The investment plan will invest in gilt including T-Bills with medium to long maturity, with average maturity of the portfolio normally not exceeding 8 years.
Current Asset Allocation (%)
Indicators
| Volatility | 6.46 |
| Sharp Ratio | 0.82 |
| Alpha | 1.69 |
| Beta | 0.74 |
| Yield to Maturity | 5.93 |
| Average Maturity | 10.13 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| ICICI Prudential Gilt Fund - Growth | 19-08-1999 | 2.79 | 3.08 | 5.98 | 6.08 | 8.04 |
| Edelweiss Government Securities Fund - Regular Plan - Growth Option | 02-02-2014 | 2.89 | 4.43 | 5.91 | 7.32 | - |
| Franklin India Government Securities Fund - Growth | 07-12-2001 | 2.85 | 2.21 | 3.98 | 3.92 | 6.63 |
| DSP Government Securities Fund - Regular Plan - Growth | 30-09-1999 | 2.6 | 3.24 | 6.05 | 6.68 | 7.89 |
| SBI Magnum Gilt Fund - Regular Plan - Growth | 30-12-2000 | 2.45 | 3.06 | 5.52 | 6.25 | 9.09 |
| SBI Magnum Gilt Fund - Growth - PF (Regular) Option | 28-11-2003 | 2.45 | 3.07 | 5.53 | 6.25 | 9.1 |
| SBI Magnum Gilt Fund - Growth - PF (Fixed Period - 3 Yrs) Option | 28-11-2003 | 2.45 | 3.07 | 5.53 | 6.25 | 9.05 |
| Axis Gilt Fund - Regular Plan - Growth Option | 05-01-2012 | 2.26 | 3.16 | 5.6 | 6.09 | 7.11 |
| Aditya Birla Sun Life Government Securities Fund - Growth - Regular Plan | 11-10-1999 | 2.19 | 2.95 | 5.3 | 6.11 | 8.64 |
| Invesco India GILT Fund - Growth | 09-02-2008 | 2.15 | 1.14 | 2.92 | 4.21 | 6.67 |
Scheme Characteristics
Minimum investment in Gsecs- 80% of total assets (across maturity).
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
