Formerly ICICI Pru Income Ann DR
₹ 11.3482
NAV (Feb 26)
Not Recommended
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
6 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
853 Cr. Medium 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
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
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
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
2.01 %
Expense Ratio
Feb 12, 2015
Launched (6y ago)
₹ 853
AUM in Crores
INF109KA10C6
ISIN
No Lock-in
Lock-in
NIFTY Long Duration Debt Index TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
Recommended
Top Ranked
17 Years
Age
Track Record
Liquid
Recommended
Top Ranked
17 Years
Age
Track Record
Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
About the AMC
ICICI Prudential Asset Management Company Limited
ICICI Prudential Asset Management Company Limited manages assets worth 397,926 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 104 equity,526 debt and 64 hybrid funds.
Large Cap
Recommended
Top Ranked
₹ 25,513 Cr
Fund Size
11.6%
3Y returns
Low Duration
Recommended
Top Ranked
₹ 26,705 Cr
Fund Size
8%
3Y returns
Large Cap
Top Ranked
₹ 25,513 Cr
Fund Size
0.2%
3Y returns
Low Duration
Top Ranked
₹ 26,705 Cr
Fund Size
6.7%
3Y returns
Low Duration
Top Ranked
₹ 26,705 Cr
Fund Size
8%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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ICICI Prudential Long Term Bond Fund (DR-A) is a long duration debt fund and has delivered an annualised return of 6.2% over a period of 6 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 managers are Anuj Tagra, Manish Banthia
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.
The ICICI Prudential Long Term Bond Fund (DR-A) fund was launched on Feb 12, 2015. The NAV (Net Asset Value) of this long duration debt as of 2021-02-26 is ₹ 11.3482. The total AUM (Asset Under Management) of the fund as of 2021-02-26 is ₹ 852.847. The category risk of the ICICI Prudential Long Term Bond Fund (DR-A) fund is Moderate Risk. The fund charges 2.01 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 92.5% in this asset class. The top three holdings of the fund are 6.22% govt stock 2035,6.19% govt stock 2034 and 7.57% govt stock 2033
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 NIFTY Long Duration Debt Index TR INR.
ICICI Prudential Long Term Bond Fund (DR-A) has a score of 1 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Long Term Bond Fund (DR-A) has a score of 3 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.