Formerly ICICI Pru Const Mat Gilt DR
However, Scripbox does not recommend investing in gilt with 10 year constant duration mutual funds.
Gilt Funds with 10 year constant duration are mandated to invest a minimum of 80% of their total assets in Government Securities such that the duration of the portfolio is equal to 10 years.
Funds in the category are exposed to very high variations when interest rates change.On the other hand,such a strategy results in a very high credit quality of the fund.This is the smallest category(less than 0.1 % of the total debt fund assets) with very few funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk and high volatility.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
7 Years. The Fund has Sufficient history for analysis and the track record is good.
373 Cr. Small within the category
Impact of Interest Rate Changes
Highest Interest Rate Risk. The impact on fund value is very high when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
NAV (Dec 2)
6 Month CAGR
To generate income primarily by investing in portfolio of Government Securities while maintaining constant maturity of the portfolio at 10 years. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Low to Moderate
Launched (7y ago)
Sep 12, 2014
AUM in Crores
CRISIL 10 Yr Gilt Index
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 9,65,796||₹ 2,33,184||11.25%|
|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.
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 13,499 cr
₹ 33,567 cr
₹ 11,691 cr
₹ 31,118 cr
₹ 27,296 cr
ICICI Prudential Asset Management Company Limited
ICICI Prudential Asset Management Company Limited manages assets worth 486,915 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,526 debt and 64 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
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ICICI Prudential Constant Maturity Gilt Rnvstmnt of Inc Dist cum Cap Wdrl fund (RIDCW-A) is a Gilt With 10 Year Constant Duration Debt fund and has delivered an annualised return of 7.5% over a period of 7 years. The fund was previously known as ICICI Pru Const Mat Gilt DR . The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Anuj Tagra, Rahul Goswami
To generate income primarily by investing in portfolio of Government Securities while maintaining constant maturity of the portfolio at 10 years. 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.
The ICICI Prudential Constant Maturity Gilt Rnvstmnt of Inc Dist cum Cap Wdrl fund (RIDCW-A) fund was launched on Sep 12, 2014. The NAV (Net Asset Value) of this Gilt With 10 Year Constant Duration Debt fund as of 2021-12-02 is ₹10.56. The total AUM (Asset Under Management) of the fund as of 03/12/2021 is ₹372.976. The category risk of the ICICI Prudential Constant Maturity Gilt Rnvstmnt of Inc Dist cum Cap Wdrl fund (RIDCW-A) fund is Moderate Risk. The fund charges 0.39 % as expense ratio.
The fund’s highest allocation is towards Debt and has invested 98.1% in this asset class. The top three holdings of the fund are , 6.45% govt stock 2029 , 6.10% govt stock 2031 , 6.67% govt stock 2035 , net current assets , treps , 6.64% govt stock 2035
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.
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 10 Yr Gilt Index.
ICICI Prudential Constant Maturity Gilt Rnvstmnt of Inc Dist cum Cap Wdrl fund (RIDCW-A) has a score of 2 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 Constant Maturity Gilt Rnvstmnt of Inc Dist cum Cap Wdrl fund (RIDCW-A) has a score of 2out of 5 The credit risk of the fund is 5 out of 5 as compared to other debt funds.
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