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  • ICICI Mutual Fund
  • ICICI Prudential Banking and PSU Debt Fund Retail Plan (Growth)
ICICI Mutual Fund

ICICI Prudential Banking and PSU Debt Fund Retail Plan (Growth)

DebtBanking And Psu

21.631

NAV (Apr 24)

6.9%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in banking and psu mutual funds.

Banking and psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

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 ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Rolling Returns

Neutral

The performance of the fund on a Rolling Returns metric has been Neutral

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

21.631

NAV (Apr 24)

Fund Returns

Last 1Y

8.5%

Last 3Y

6.9%

Last 5Y

8%

Last 10Y

NA

Since Inception

8.3%

6 Month CAGR

3.2%

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.

Expense Ratio

0.8

Launched (12y ago)

Sep 06, 2010

AUM in Crores

7542.485

ISIN

INF109K01II5

Lock-in

No Lock-in

Benchmark

CRISIL Banking and PSU Debt TR INR

SIP Minimum

0

Lumpsum Min.

5000

Standard Deviation (3yr)

1.8

Standard Deviation (5yr)

2.3

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0.366

Sharpe Ratio (5yr)

0.64

YTM

7.54

Fund Managers

Rahul Goswami

Fund Manager

Chandni Gupta

Fund Manager

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.

Asset allocation and Holdings

Last updated on 2020-04-24

Top Debt Holdings

7.42% govt stock 2033

21.3%
21.3%

small industries development bank of india

8%
8%

7.69% govt stock 2034

7.7%
7.7%

kotak mahindra bank limited (formerly kotak mahindra finance limited)

5.6%
5.6%

icici bank limited

5.3%
5.3%
See all holdings

Compare ICICI Prudential Banking and PSU Debt Fund Retail Plan (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 46,469 cr

₹ 14,221 cr

₹ 18,664 cr

₹ 13,008 cr

₹ 46,469 cr

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 515,509 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,529 debt and 64 hybrid funds.

amc-img

  • 022-26525000
  • enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4%

    7.1%

    11.4%

    15.2%

    5%

    5.9%

    6.4%

    6.9%

    6.4%

    7.5%

    ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) Review

    ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) is a Banking And Psu Debt fund and has delivered an annualised return of 8.3% over a period of 12 years. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Chandni Gupta, Rahul Goswami.

    Nav of ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) as of 4/24/2020 is ₹21.63 with the total AUM as of 12/1/2022 is ₹7542.485. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) was launched on Sep 06, 2010. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) 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 Retail Plan (G) 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 Retail Plan (G) is rated as a 3 fund in Debt and delivered 8.5% 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 Retail Plan (G).

    Frequently Asked Questions

    What is ICICI Prudential Banking and PSU Debt Fund Retail Plan (G)?

    ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) is a Banking And Psu Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in ICICI Prudential Banking and PSU Debt Fund Retail Plan (G)?

    You can invest in ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) 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 Retail Plan (G)?

    The minimum sip amount for ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) is ₹0. You can invest in multiples of ₹5000.

    Is ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) good to invest in?

    As per Scripbox experts, ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) is a Neutral fund. You can investICICI Prudential Banking and PSU Debt Fund Retail Plan (G) 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 Retail Plan (G)?

    The expense ratio of the ICICI Prudential Banking and PSU Debt Fund Retail Plan (G) is 0.8% for regular plan.