Corporate bond 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.
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Scheme Information
Investment Objective
To generate income through investing predominantly in AA+ and above rated corporate 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.
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.
ICICI Prudential Asset Management Company Limited manages assets worth 364,184 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 104 equity,526 debt and 67 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
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Recommended
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.
Top Ranked
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Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative 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
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About ICICI Prudential Corporate Bond Fund (G)
About ICICI Prudential Corporate Bond Fund (G)
ICICI Prudential Corporate Bond Fund (G) is a corporate bond debt fund and has delivered an annualised return of 7.4% over a period of 11 years .The fund was previously known as ICICI Pru Ultra Short Term Gr.The fund is managed by ICICI Prudential Asset Management Company Limited.The fund managers are Anuj Tagra, Chandni Gupta, Rahul Goswami, Rohan Maru
ICICI Prudential Corporate Bond Fund (G) Investment Objective
To generate income through investing predominantly in AA+ and above rated corporate 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 Corporate Bond Fund (G) NAV,AUM,Risk
The ICICI Prudential Corporate Bond Fund (G) fund was launched on Aug 11, 2009. The NAV (Net Asset Value) of this corporate bond debt as of 2020-11-20 is ₹ 22.4448. The total AUM (Asset Under Management) of the fund as of 2020-11-21 is ₹ 18906.095. The category risk of the ICICI Prudential Corporate Bond Fund (G) fund is Moderate Risk.
The fund charges 0.59 % as expense ratio.
ICICI Prudential Corporate Bond Fund (G) Holdings
The fund’s highest allocation is towards debt and has invested 85.2% in this asset class. The top three holdings of the fund are 5.77% goi 2030,6.19% govt stock 2034 and govt stock
ICICI Prudential Corporate Bond 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 Corporate Bond 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 AAA Short Term Bond Index TR INR.
ICICI Prudential Corporate Bond Fund (G) Review
ICICI Prudential Corporate Bond Fund (G) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Corporate Bond Fund (G) has a score of 5 out of 5.
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
