- Mutual Funds
- ICICI Mutual Fund
- ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q)
Formerly ICICI Pru Long Term Bond Instl Qt DR
ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q)
₹ 11.7562
NAV (Apr 24)
Long duration 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.
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.7562
NAV (Apr 24)
Fund Returns
Last 1Y | 12.8% |
Last 3Y | 7% |
Last 5Y | 6.9% |
Last 10Y | 6.7% |
Since Inception | 7.6% |
6 Month CAGR | 6.7% |
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.
Expense Ratio | 0.9 |
Launched (18y ago) | Aug 14, 2006 |
AUM in Crores | 807.208 |
ISIN | INF109K01381 |
Lock-in | No Lock-in |
Benchmark | CRISIL Long Duration Debt A-III TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 6.6 |
Standard Deviation (5yr) | 6.2 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.053 |
Sharpe Ratio (5yr) | 0.028 |
YTM | 7.52 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) | 8,65,512 | 1,32,900 | 6.9% | |
| 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.
Asset allocation and Holdings
Top Debt Holdings
7.18% govt stock 2033
34.4%bihar (government of)
12.7%punjab,government of
12.6%sikkim (government of)
12.6%the great eastern shipping company limited
6.5%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
ICICI Prudential Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.4% | 7.1% | ||
8.7% | 15.8% | ||
26.3% | 20.5% | ||
21.3% | 15.2% | ||
0.2% | 11.7% |
ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) Review
ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) is a Long Duration Debt fund and has delivered an annualised return of 7.6% over a period of 17 years. The fund was previously known as ICICI Pru Long Term Bond Instl Qt DR. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Anuj Tagra, Manish Banthia, Raunak Surana, Rohit Lakhotia.
Nav of ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) as of 4/24/2020 is ₹11.76 with the total AUM as of 4/18/2024 is ₹807.208. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) was launched on Aug 14, 2006. The category risk of the fund is Moderate Risk.
The minimum SIP amount for ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) is ₹0 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 Long Term Bond Fund Institutional (RIDCW-Q) 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 Long Duration Debt A-III TR INR.
ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) is rated as a 3 fund in Debt and delivered 12.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q).
Frequently Asked Questions
What is ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q)?
How to invest in ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q)?
You can invest in ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) 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 Long Term Bond Fund Institutional (RIDCW-Q)?
The minimum sip amount for ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) is ₹0. You can invest in multiples of ₹5000.
Is ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) good to invest in?
As per Scripbox experts, ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) is a Neutral fund. You can investICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) 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 Long Term Bond Fund Institutional (RIDCW-Q)?
The expense ratio of the ICICI Prudential Long Term Bond Fund Institutional (RIDCW-Q) is 0.9% for regular plan.