Click here 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.
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Historical 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
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.
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 485,627 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 110 equity,526 debt and 64 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.
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
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund 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.
Fund 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 Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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About ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q)
About ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q)
ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) is a Long Duration Debt fund and has delivered an annualised return of 7.6% over a period of 15 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
ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) 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 Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) NAV,AUM,Risk
The ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) fund was launched on Aug 14, 2006. The NAV (Net Asset Value) of this Long Duration Debt fund as of 2020-04-24 is ₹11.76. The total AUM (Asset Under Management) of the fund as of 21/10/2021 is ₹719.443. The category risk of the ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) fund is Moderate Risk. The fund charges 2 % as expense ratio.
ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) Holdings
The fund’s highest allocation is towards Debt and has invested 96.1% in this asset class. The top three holdings of the fund are , 6.64% govt stock 2035 , 6.67% govt stock 2050 , the great eastern shipping company limited , 07.19 up sdl 2031 , net current assets , treps , 7.67% tn sdl spl 2023 , indian railway finance corporation limited , 07.27 mz sdl 2033 , indian railway finance corporation limited , 6.45% govt stock 2029
ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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 Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) 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.
ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) Review
ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) has a score of 1 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Long Term Bond Fund Institutional Inc Dist cum Cap Wdrl (RIDCW-Q) has a score of 3out of 5
The credit risk of the fund is 5 out of 5 as compared to other debt funds.
