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for top ranked funds in
long duration mutual funds.
However, Scripbox does not recommend investing in long duration mutual funds.
Long Duration Funds invest in debt and money market instruments such that the duration of the portfolio is greater than 7 years. The tenure of the instruments held by these funds exposes them to very high degrees of variations when interest rate changes. These funds tend to have high credit quality paper as the underlying - thereby reducing the Credit Risk of the fund. This is one of the smallest categories (less than 0.5% 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 high interest rate risk.
To generate income through investments in a range of debt and money market instruments 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
Moderately Low
Moderate
Moderately High
High
Moderate Risk
1.99%
Expense Ratio
12th Feb, 2015
Launched (5y ago)
₹
1,072
AUM in Crores
INF109KA10C6
ISIN
No Lock-in
Lock-in
NIFTY Long Duration Debt Index TR INR
Benchmark
₹
1000
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Manish Banthia
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
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 ₹ 349,389 crores. It's current offering of mutual fund schemes includes 104 equity, 526 debt and 66 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.
What Scripbox recommendations mean?
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
These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.
Not Recommended
Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.
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
How to invest in best mutual funds?
Investing through Scripbox is made easy and paperless. All you need to
do is follow the below steps and start investing.
Choose a plan
Choose a plan to invest to start investing
Create your account
Set-up your investment account
Invest online & transfer
Make instant payment or setup your investment for a later date
Track your investments
Mutual fund companies allot you units and send confirmation via email & SMS. The same gets updated in your Scripbox Account
The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7
years
You'll never have to worry about what funds to choose. We'll suggest
what's best for you.
Continuous monitoring alerts
We will track our recommendations and suggest changes fund exists
whenever required.
All week call assistance
Our customer champions are available 7 days a week from 8AM to 8PM.
Annual reviews rebalances
We review your investments and make course corrections every year to
make the best out of your investments
About ICICI Prudential Long Term Bond Fund (Dividend Reinvestment - Annually)
About ICICI Prudential Long Term Bond Fund (Dividend Reinvestment - Annually)
ICICI Prudential Long Term Bond Fund (Dividend Reinvestment - Annually) is a Long Duration Debt fund and has delivered an annualised return of 6.95% over a period of 5 years.
The fund was previously known as ICICI Pru Income Ann DR.
The fund is managed by ICICI Prudential Asset Management Company Limited.
The fund manager’s name is Manish Banthia.
ICICI Prudential Long Term Bond Fund (Dividend Reinvestment - Annually) Investment Objective
To generate income through investments in a range of debt and money market instruments 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 Long Term Bond Fund (Dividend Reinvestment - Annually) NAV, AUM and Risk
The fund was launched on 2015-02-12. The NAV of the fund as of 2020-10-29 is ₹ 11.63. The total AUM of the fund as of 2020-10-29 is ₹ 1,072 Cr. The category risk of the fund is Moderate Risk
The fund charges 1.99 % as expense ratio.
ICICI Prudential Long Term Bond Fund (Dividend Reinvestment - Annually) Holdings
The fund’s highest allocation is towards debt and has invested 97.42% in this asset class.
The top three holdings of the fund are 7.57% govt stock 2033, 6.19% govt stock 2034 and the great eastern shipping company limited.
ICICI Prudential Long Term Bond Fund (Dividend Reinvestment - Annually) 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 Long Term Bond Fund (Dividend Reinvestment - Annually) 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 NIFTY Long Duration Debt Index TR INR.
