ICICI Prudential Savings Fund - Growth
(Erstwhile ICICI Prudential Flexible Income - Growth)
| Category: Debt: Low Duration |
| Launch Date: 27-09-2002 |
| Asset Class: Fixed Interest |
| Benchmark: NIFTY Low Duration Debt Total Return Index |
| Expense Ratio: 0.5% As on (29-02-2020) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 22,150.12 Cr As on (29-02-2020) |
| Turn over: - | Exit Load: Nil |
386.343
-0.74 (-0.1921%)
8.01%
S&P BSE Liquid Rate Index 6.18%
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 income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity.
Current Asset Allocation (%)
Indicators
| Volatility | 0.67 |
| Sharp Ratio | 8.0 |
| Alpha | -0.04 |
| Beta | 1.18 |
| Yield to Maturity | 6.41 |
| Average Maturity | 1.0 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| ICICI Prudential Savings Fund - Growth | 27-09-2002 | 7.51 | 7.54 | 7.45 | 7.94 | 8.46 |
| Axis Treasury Advantage Fund - Retail Plan - Growth Option | 15-03-2010 | 7.84 | 7.8 | 7.31 | 7.37 | 7.71 |
| Invesco India Treasury Advantage Fund - Growth | 18-01-2007 | 7.73 | 7.68 | 7.33 | 7.63 | 8.19 |
| BNP PARIBAS LOW DURATION Fund-Regular Plan-Growth Option | 21-10-2005 | 7.73 | 7.75 | 7.49 | 7.69 | 8.0 |
| Axis Treasury Advantage Fund - Regular Plan - Growth Option | 09-10-2009 | 7.64 | 7.7 | 7.4 | 7.7 | 8.22 |
| DSP Low Duration Fund - Regular Plan - Growth | 05-03-2015 | 7.57 | 7.67 | 7.38 | 7.73 | - |
| Kotak Low Duration Fund- Regular Plan-Growth Option | 06-03-2008 | 7.5 | 7.58 | 7.46 | 8.0 | - |
| IDFC Low Duration Fund -Regular Plan- Growth | 17-01-2006 | 7.37 | 7.45 | 7.34 | 7.8 | 8.46 |
| SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH | 05-07-2007 | 7.32 | 7.59 | 7.33 | 7.66 | 8.17 |
| Aditya Birla Sun Life Low Duration Fund - Growth Plan | 01-05-1998 | 7.26 | 7.44 | 7.16 | 7.49 | 7.95 |
Scheme Characteristics
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months.
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
