- Mutual Funds
- ICICI Mutual Fund
- ICICI Prudential Banking and PSU Debt Fund of (Dividend Payout - Daily)
Formerly ICICI Pru Banking & PSU Debt Dl DP
ICICI Prudential Banking and PSU Debt Fund of (Dividend Payout - Daily)
₹ 10.0549
NAV (Sep 16)
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.0549
NAV (Sep 16)
Fund Returns
Last 1Y | 3.3% |
Last 3Y | 4.7% |
Last 5Y | 4.8% |
Last 10Y | 5.8% |
Since Inception | 5% |
6 Month CAGR | 2.3% |
Scheme Information
To generate income through predominantly investing in Debt instruments of banks,Public Sector Undertakings,Public Financial Institutions and Municipal Bonds while maintaining the optimum balance of yield,safety and liquidity. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Expense Ratio | 0.8 |
Launched (14y ago) | Jan 03, 2010 |
AUM in Crores | 8836.802 |
ISIN | INF109K01WS5 |
Lock-in | No Lock-in |
Benchmark | CRISIL Banking and PSU Debt TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.9 |
Standard Deviation (5yr) | 1.8 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | -0.201 |
YTM | 7.79 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential Banking and PSU Debt Fund of (Dividend Payout - Daily) | 8,21,924 | 89,312 | 4.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.18% govt stock 2033
12.2%8.25% govt stock 2033
10.1%small industries development bank of india
6.5%hdfc bank limited
4.3%national bank for agriculture and rural development
2.9%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
ICICI Prudential Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.4% | 7.1% | ||
9.5% | 16% | ||
28.1% | 20.6% | ||
22.9% | 15.3% | ||
0.2% | 11.7% |
ICICI Prudential Banking and PSU Debt Fund of (D-D) Review
ICICI Prudential Banking and PSU Debt Fund of (D-D) is a Banking And Psu Debt fund and has delivered an annualised return of 5% over a period of 14 years. The fund was previously known as ICICI Pru Banking & PSU Debt Dl DP. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Rohan Maru, Rohit Lakhotia.
Nav of ICICI Prudential Banking and PSU Debt Fund of (D-D) as of 9/16/2022 is ₹10.05 with the total AUM as of 4/16/2024 is ₹8836.802. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Banking and PSU Debt Fund of (D-D) was launched on Jan 03, 2010. The category risk of the fund is Moderate Risk.
The minimum SIP amount for ICICI Prudential Banking and PSU Debt Fund of (D-D) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
ICICI Prudential Banking and PSU Debt Fund of (D-D) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Banking and PSU Debt TR INR.
ICICI Prudential Banking and PSU Debt Fund of (D-D) is rated as a 4 fund in Debt and delivered 3.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Banking and PSU Debt Fund of (D-D).
Frequently Asked Questions
What is ICICI Prudential Banking and PSU Debt Fund of (D-D)?
How to invest in ICICI Prudential Banking and PSU Debt Fund of (D-D)?
You can invest in ICICI Prudential Banking and PSU Debt Fund of (D-D) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of ICICI Prudential Banking and PSU Debt Fund of (D-D)?
The minimum sip amount for ICICI Prudential Banking and PSU Debt Fund of (D-D) is ₹0. You can invest in multiples of ₹5000.
Is ICICI Prudential Banking and PSU Debt Fund of (D-D) good to invest in?
As per Scripbox experts, ICICI Prudential Banking and PSU Debt Fund of (D-D) is a Top Ranked fund. You can investICICI Prudential Banking and PSU Debt Fund of (D-D) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the ICICI Prudential Banking and PSU Debt Fund of (D-D)?
The expense ratio of the ICICI Prudential Banking and PSU Debt Fund of (D-D) is 0.8% for regular plan.