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    • ICICI Prudential Banking and PSU Debt Fund (Growth)

    Formerly ICICI Pru Banking & PSU Debt Reg Gr

    ICICI Mutual Funds

    ICICI Prudential Banking and PSU Debt Fund (Growth)

    DebtBanking And Psu

    Top Ranked

    25.8042

    NAV (Sep 23)

    8.4%
    3 Year CAGR
    Scripbox Opinion

    Top Ranked

    These are the top-ranked funds within banking and psu mutual funds.However, Scripbox does not recommend investing in banking and psu mutual funds.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.

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    11 Years. The Fund has Sufficient history for analysis and the track record is good.

    Relative Size

    14,149 Cr. Category leader in size

    Impact of Interest Rate Changes

    High Interest Rate Risk. The impact on fund value is high when interest rates change

    Credit Quality Of Fund's Portfolio

    Low Credit Risk. The fund has a high credit quality compared to other debt funds

    Invest in this fund
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      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
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      No Lock-in
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      Expert Investing Only, Car, Down Payment

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    Historical NAV

    25.8042

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    6.2%
    Last 3Y
    8.4%
    Last 5Y
    7.4%
    Last 10Y
    8.6%
    Since Inception
    8.4%
    6 Month CAGR
    3.5%
    info-icon-blue

    Scheme Information

    Investment Objective

    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.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

    risk-indicator-arrow.svg

    Moderate Risk

    Expense Ratio
    0.8
    Launched (11y ago)
    Jan 01, 2010
    AUM in Crores
    14148.535
    ISIN
    INF109K01RT3
    Lock-in
    No Lock-in
    Benchmark
    CRISIL Banking and PSU Debt TR INR
    SIP Minimum
    1000
    Lumpsum Min.
    5000
    Fund Managers
    user-avatar

    Chandni Gupta

    Fund Manager

    user-avatar

    Rahul Goswami

    Fund Manager

    calculator

    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

    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.

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    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • Inflation beating returns
      Inflation beating returns
    • Expert Investing Only, Car, Down Payment
      Expert Investing Only, Car, Down Payment
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Debt Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    Kotak Savings Fund (G)

    recommended-badge

    ₹ 13,951 cr

    5

    recommended-badge

    ₹ 33,662 cr

    5

    recommended-badge

    ₹ 11,134 cr

    5

    recommended-badge

    ₹ 31,274 cr

    5

    recommended-badge

    ₹ 24,210 cr

    5

    amc-icon

    About the AMC

    ICICI Prudential Asset Management Company Limited

    ICICI Prudential Asset Management Company Limited manages assets worth 474,066 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 110 equity,526 debt and 64 hybrid funds.

    amc-img

  • tel-amc-about
    022-26525000
  • mail-amc-about
    enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    16.2%

    15.1%

    recommended-badge

    7.6%

    8%

    top-ranked-badge

    0.2%

    11.7%

    top-ranked-badge

    6.7%

    7.4%

    top-ranked-badge

    5.8%

    4.7%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About ICICI Prudential Banking and PSU Debt Fund (G)

    About ICICI Prudential Banking and PSU Debt Fund (G)

    ICICI Prudential Banking and PSU Debt Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 8.4% over a period of 11 years. The fund was previously known as ICICI Pru Banking & PSU Debt Reg Gr . The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Chandni Gupta, Rahul Goswami

    ICICI Prudential Banking and PSU Debt Fund (G) Investment Objective

    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. . However, there is no assurance that the objective of the scheme will be realized.

    ICICI Prudential Banking and PSU Debt Fund (G) NAV,AUM,Risk

    The ICICI Prudential Banking and PSU Debt Fund (G) fund was launched on Jan 01, 2010. The NAV (Net Asset Value) of this Banking And Psu Debt fund as of 2021-09-23 is ₹25.80. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹14148.535. The category risk of the ICICI Prudential Banking and PSU Debt Fund (G) fund is Moderate Risk. The fund charges 0.8 % as expense ratio.

    ICICI Prudential Banking and PSU Debt Fund (G) Holdings

    The fund’s highest allocation is towards Debt and has invested 85.5% in this asset class. The top three holdings of the fund are , govt stock , 6.76% govt stock 2061 , 6.67% govt stock 2050 , indian railway finance corporation limited , axis bank limited , hdfc bank limited , icici bank limited , export-import bank of india , national bank for agriculture and rural development , indian railway finance corporation limited , net current assets , hindustan petroleum corporation limited , hdfc bank limited , bharat sanchar nigam limited , food corporation of india , state bank of india , chennai petroleum corporation limited , axis bank limited , export-import bank of india , state bank of india , icici bank limited , food corporation of india , power finance corporation limited , rural electrification corporation limited , 06.58 gj sdl 2027 , national bank for agriculture and rural development , national bank for agriculture and rural development , rural electrification corporation limited , state bank of india , mtnl , rural electrification corporation limited , 7.18% tn sdl 2027 , national bank for agriculture and rural development , treps , export-import bank of india , power finance corporation limited , export-import bank of india , idfc first bank limited , national housing bank , power finance corporation limited , rec limited , power finance corporation limited , indian railway finance corporation limited , state bank of india , national bank for agriculture and rural development , national highways authority of india , national bank for agriculture and rural development , mahanagar telephone nigam limited , state bank of india , rec limited , power finance corporation limited , food corporation of india , national highways authority of india , power grid corporation of india limited , state bank of india , axis bank limited , 7.33% mh sdl 2027 , rural electrification corporation limited , rural electrification corporation limited , rural electrification corporation limited , 6.10% govt stock 2031 , 06.45 mh sdl 2027 , power finance corporation limited , national bank for agriculture and rural development , rural electrification corporation limited , rural electrification corporation limited , 7.20% tn sdl 2027 , food corporation of india , 7.62% up sdl 2027 , rural electrification corporation limited , icici bank limited , housing and urban development corporation limited , 7.27% up sdl 2027 , 07.42% ap sdl 2026 , national bank for agriculture and rural development , mahanagar telephone nigam limited , rural electrification corporation limited , 06.53 hp sdl 2029 , bank of baroda , national highways authority of india , rec limited , mahanagar telephone nigam limited , rural electrification corporation limited , housing and urban development corporation limited (hudco) , housing and urban development corporation limited , power finance corporation limited , power finance corporation limited , national bank for agriculture and rural development , rec limited , national highways authority of india , rec limited , 7.92% wb sdl 2027 , hindustan petroleum corporation limited , axis bank limited , gail (india) limited , gail (india) limited , gail (india) limited , gail (india) limited , national bank for agriculture and rural development , rec limited , 7.20% up sdl 2027 , 07.40% mp sdl 2026 , icici bank limited , state bank of india , 7% fert cos goi spl bond 2022 , rural electrification corporation limited , 6.01% govt stock 2028 , reliable devices trust , power finance corporation limited , nhpc limited (national hydroelectric power corporation limited) , 7.33% govt stock 2031 , 7.19% ga sdl 2027 , 8.35% sbi rts isu goi spl bd 2024 , hindustan petroleum corporation limited , 7.27% jh sdl 2027 , 7.19% up sdl 2027 , state bank of india , 7.19% mp sdl 2027 , icici bank limited , 7.25% gj sdl 2027

    ICICI Prudential Banking and PSU Debt Fund (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 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.

    ICICI Prudential Banking and PSU Debt Fund (G) Investment volatility and Horizon

    This fund 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 (G) Review

    ICICI Prudential Banking and PSU Debt Fund (G) has a score of 4 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Banking and PSU Debt Fund (G) has a score of 5out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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