Overview
ICICI Prudential Credit Risk Fund Direct Plan Growth
ICICI Prudential Mutual Fund
The scheme seeks to generate income through investing predominantly in AA and below rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity.
Investments in ICICI Prudential Credit Risk Fund Direct Plan Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 34.4145
Fund Size (AUM)
₹6130.95 Cr
Risk
High (Risk rating: 5/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
02-Jan-2013
Expense Ratio
0.77%
Exit Load
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Benchmark
CRISIL Credit Risk Debt B-II Index
Standard Deviation
1.05
History
Performance & Ratios
1-Year SIP Return
8.2%
3-Year SIP Return
8.4%
5-Year SIP Return
7.9%
Mean Return
7.8%
Alpha
5.48
Beta
1.95
Sharpe Ratio
1.37
Sortino Ratio
2.01
Information Ratio
4.34
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 9.96% | 8.22% | 8.24% | 9.46% |
| Category Average | 10.38% | 7.74% | 7.82% | N/A |
| Rank Within Category | 6 | 6 | 7 | N/A |
Holdings (91)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 9.46% |
| Embassy Office Parks REIT | Construction | REITs | 4.05% |
| Varroc Engineering Ltd. | Automobile | NCD | 3.56% |
| Millenia Realtors Pvt Ltd. | Healthcare | ZCB | 3.43% |
| Vedanta Ltd. | Metals & Mining | Debenture | 3.27% |
| Bamboo Hotel And Global Centre (Delhi) Pvt Ltd. Class A | Services | Debenture | 3.02% |
| Aadhar Housing Finance Ltd | Financial | NCD | 2.86% |
| Nirma Ltd. | Consumer Staples | Debenture | 2.46% |
| DLF Home Developers Ltd | Services | Debenture | 2.46% |
| SIS Ltd. | Services | Debenture | 2.03% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Credit Risk Fund Direct Growth | 969.59 | 18.13 | 11.58 | 0.67 | N/A |
| SBI Credit Risk Fund Direct Growth | 2254.83 | 9.97 | 8.31 | 0.89 | N/A |
| Nippon India Credit Risk Fund Direct Growth | 1001.05 | 10.21 | 8.29 | 0.7 | N/A |
| Baroda BNP Paribas Credit Risk Fund Direct Growth | 173.49 | 10.03 | 8.18 | 0.79 | N/A |
| UTI Credit Risk Fund Direct Growth | 287.9 | 9.64 | 7.58 | 1.21 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1
Min Installments: 2
AMC Details
Asset Management Company
ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund started their mutual fund on 13/10/1993 and its managing total assets of ₹2,79,369 Cr. Its ranked at 1 as per total assets at end of 30th Sep 2017. ICICI Prudential Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
ICICI Prudential is one of the most popular mutual fund investment companies in India.
It is the second largest asset management company (AMC) in the country (as per average assets under management as on 31 December 2018 of Rs. 316,029 Crores
ICICI Prudential AMC's plans to bridge the gap between savings & investments to help create long term wealth & value for investors through innovation, consistency & sustained risk adjusted performance. Invest in ICICI Prudential mutual fund schemes at your convenience and fulfill your long term & short term financial goals. Choose from an array of schemes according to your financial needs and investment objectives. Invest today a lump sum amount or start a systematic investment plan (SIP).
Launch Date
1993-10-12T00:00:00.153Z
Total AUM
₹ 879337.25 Cr
Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
None
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
ICICI Prudential Credit Risk Fund Direct Plan Growth
ICICI Prudential Mutual Fund
You May Be Interested In
HDFC Liquid Direct Plan Growth
Liquid
SBI Overnight Fund Direct Growth
Overnight
HDFC Credit Risk Debt Fund Direct Growth
Credit Risk
HDFC Low Duration Fund Direct Growth
Low Duration
HDFC Overnight Fund Direct Growth
Overnight
DSP Strategic Bond Direct Plan Growth
Dynamic Bond
Aditya Birla Sun Life Government Securities Fund Direct Plan Growth
Gilt
ICICI Prudential Floating Interest Fund Direct Plan Growth
Floater
DSP Banking & PSU Debt Fund Direct Growth
Banking and PSU
JM Overnight Fund Direct Growth
Overnight
Explore More Mutual Funds
Equity Mutual Funds - Top Equity Fund Picks
Explore top equity mutual funds to diversify your portfolio. Filter by NAV, fund size, and more to find the best equity funds.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for ICICI Prudential Credit Risk Fund Direct Plan Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of ICICI Prudential Credit Risk Fund Direct Plan Growth?
The top stocks held by ICICI Prudential Credit Risk Fund Direct Plan Growth include GOI, Embassy Office Parks REIT, Varroc Engineering Ltd..
Which industries does ICICI Prudential Credit Risk Fund Direct Plan Growth invest in?
ICICI Prudential Credit Risk Fund Direct Plan Growth primarily invests in the following industries: Sovereign, Construction, Automobile.
Who are the fund managers of ICICI Prudential Credit Risk Fund Direct Plan Growth?
The fund managers of ICICI Prudential Credit Risk Fund Direct Plan Growth are Manish Banthia and Akhil Kakkar.
How many years has the fund manager been managing ICICI Prudential Credit Risk Fund Direct Plan Growth?
Manish Banthia:
Calculating...
Akhil Kakkar:
Calculating...
What is the minimum investment for ICICI Prudential Credit Risk Fund Direct Plan Growth?
The minimum investment for ICICI Prudential Credit Risk Fund Direct Plan Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for ICICI Prudential Credit Risk Fund Direct Plan Growth?
Calculating...
What are the average 3-year returns for ICICI Prudential Credit Risk Fund Direct Plan Growth?
Calculating...
What is the expense ratio of ICICI Prudential Credit Risk Fund Direct Plan Growth, and how does it compare to its category?
The expense ratio of ICICI Prudential Credit Risk Fund Direct Plan Growth is 0.77%. The average expense ratio for similar funds in the Debt is Calculating....