• Mutual Funds
  • ICICI Mutual Fund
  • ICICI Prudential Corporate Bond Fund (RIDCW-W)

Formerly ICICI Pru Corporate Bond Wk DR

ICICI Mutual Fund

ICICI Prudential Corporate Bond Fund (RIDCW-W)

DebtCorporate Bond

Top Ranked

10.2998

NAV (Aug 05)

5.9%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within corporate bond mutual funds.However, Scripbox does not recommend investing in corporate bond mutual funds.Corporate Bond Funds are mandated to invest a minimum of 80% of total assets in Corporate Bonds of the highest ratings.The category is one of the largest categories within the Debt Segment(9 % of total debt funds assets).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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 15,057 Cr

The performance of the fund on a Fund Size metric has been Good

Rolling Returns

Good

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

View all 8 analysis

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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

10.2998

NAV (Aug 5)

Fund Returns

Last 1Y

3.4%

Last 3Y

5.9%

Last 5Y

5.6%

Last 10Y

6.2%

Since Inception

6.3%

6 Month CAGR

2%

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.

Expense Ratio

0.58

Launched (10y ago)

Jan 17, 2012

AUM in Crores

15056.713

ISIN

INF109K01SM6

Lock-in

No Lock-in

Benchmark

NIFTY Corporate Bond TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Chandni Gupta

Fund Manager

Rahul Goswami

Fund Manager

Anuj Tagra

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 2022-08-05

Top Debt Holdings

5.53% govt stock 2033

17%
17%

reliance industries limited

9.3%
9.3%

4.93% govt stock 2028

5.1%
5.1%

housing development finance corporation ltd

4.7%
4.7%

5.38% govt stock 2034

4.5%
4.5%
See all holdings

Comparison with Debt Funds

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

₹ 49,911 cr

₹ 14,870 cr

₹ 15,889 cr

₹ 14,702 cr

₹ 49,911 cr

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 485,249 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,526 debt and 68 hybrid funds.

amc-img

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

    4%

    7.2%

    18.2%

    16.3%

    5%

    5.9%

    6.4%

    6.9%

    6.4%

    7.5%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    ICICI Prudential Corporate Bond Fund (RIDCW-W) Review

    ICICI Prudential Corporate Bond Fund (RIDCW-W) is a Corporate Bond Debt fund and has delivered an annualised return of 6.3% over a period of 10 years. The fund was previously known as ICICI Pru Corporate Bond Wk DR. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Anuj Tagra, Chandni Gupta, Rahul Goswami.

    Nav of ICICI Prudential Corporate Bond Fund (RIDCW-W) as of 8/5/2022 is ₹10.30 with the total AUM as of 8/6/2022 is ₹15056.713. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Corporate Bond Fund (RIDCW-W) was launched on Jan 17, 2012. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for ICICI Prudential Corporate Bond Fund (RIDCW-W) 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. Check your estimated returns on mutual funds by using sip calculator.

    ICICI Prudential Corporate Bond Fund (RIDCW-W) 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 NIFTY Corporate Bond TR INR.

    ICICI Prudential Corporate Bond Fund (RIDCW-W) is rated as a 4 fund in Debt and delivered 3.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Corporate Bond Fund (RIDCW-W).

    Frequently Asked Questions

    What is ICICI Prudential Corporate Bond Fund (RIDCW-W)?

    ICICI Prudential Corporate Bond Fund (RIDCW-W) is a Corporate Bond Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in ICICI Prudential Corporate Bond Fund (RIDCW-W)?

    You can invest in ICICI Prudential Corporate Bond Fund (RIDCW-W) 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 Corporate Bond Fund (RIDCW-W)?

    The minimum sip amount for ICICI Prudential Corporate Bond Fund (RIDCW-W) is ₹1000. You can invest in multiples of ₹5000.

    Is ICICI Prudential Corporate Bond Fund (RIDCW-W) good to invest in?

    As per Scripbox experts, ICICI Prudential Corporate Bond Fund (RIDCW-W) is a Top Ranked fund. You can investICICI Prudential Corporate Bond Fund (RIDCW-W) 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 Corporate Bond Fund (RIDCW-W)?

    The expense ratio of the ICICI Prudential Corporate Bond Fund (RIDCW-W) is 0.58% for regular plan.