ICICI Prudential Savings Fund Direct Plan Growth

Debt
Low Duration
Low to Moderate Risk
5.41%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2023₹486.49
Min. SIP amount₹100
Rating1
Fund size₹22,540.06Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.5%5.4%6.8%7.8%
Category average6.8%4.9%5.6%NA
Rank with in category264NA
Understand terms

Holdings (118)

NameSectorInstrumentAssets
GOI
SovereignGOI FRB8.7%
GOI
SovereignGOI Sec5.7%
SovereignGOI Sec3.3%
State Bank of India
FinancialCD3.2%
HDFC Bank Ltd.
FinancialCD3.0%
LIC Housing Finance Ltd.
FinancialNCD2.9%
HDFC Bank Ltd.
FinancialDebenture2.2%
ConstructionNCD2.1%
GOI
SovereignGOI Sec2.1%
SovereignGOI Sec2.0%
See All

Pros and cons

Category: Debt Low Duration

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Low rating: 1
Higher alpha: 3.04 The fund has generated returns higher than benchmark - CRISIL Low Duration Debt B-I Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.4%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y category rank: 2

Expense ratio, exit load and tax

Expense ratio: 0.40%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Manish Banthia
Jun 2023 - Present
View details

Education
Mr. Banthia is B.Com, CA and MBA
Experience
He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Also manages these schemes

Rohan Maru
Sep 2013 - Present
View details

Education
Mr. Maru is M.Com and MBA in Finance.
Experience
Prior to joining ICICI Prudential Mutual Fund, he has worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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