ICICI Prudential Long Term Bond Fund - Growth

(Erstwhile ICICI Prudential Income - Growth)
Fund House: ICICI Prudential Mutual Fund
Category: Debt: Long Duration
Launch Date: 09-07-1998
Asset Class: Fixed Income
Benchmark: NIFTY Long Duration Debt Index A-III
TER: 0.9% As on (31-01-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 691.99 Cr As on (31-01-2024)
Turn over: - | Exit Load: Nil

80.2467

8.45%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
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vs
Nifty 10 year Benchmark G-Sec Index
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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
6 Years 11 Months
16 Years 2 Months
18 Years 2 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to generate regular returns by putting around 75 per cent of the investments in debt instruments, and the balance in money market instruments.The plan aims to maintain the optimum balance of yield , safety and liquidity.

Current Asset Allocation (%)

Indicators

Standard Deviation 3.72
Sharpe Ratio -0.44
Alpha 5.59
Beta 3.91
Yield to Maturity 7.69
Average Maturity 11.2

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
ICICI Prudential Long Term Bond Fund - Growth 09-07-1998 9.23 5.39 4.86 6.86 8.12
SBI Long Duration Fund - Regular Plan - Growth 21-12-2022 10.53 - - - -
HDFC Long Duration Debt Fund - Growth Option 20-01-2023 10.38 - - - -
Aditya Birla Sun Life Long Duration Fund-Regular Growth 05-08-2022 9.93 - - - -
Nippon India Nivesh Lakshya Fund- Growth Option 05-07-2018 9.83 6.3 5.79 8.14 -
Axis Long Duration Fund - Regular Plan - Growth 27-12-2022 9.43 - - - -
BANDHAN Bond Fund - Income Plan - Regular Plan - Growth 14-07-2000 7.72 4.12 4.19 6.42 7.35

Scheme Characteristics

Investment in Debt & Money Market Instruments such that the Macaulay duration of the portfolio is greater than 7 years.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

99.98%

Tax Benefits of investing in this fund

Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.

Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.

** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.

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.

Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.

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