Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Moderate
₹27.7412 0.03%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
ICICI Prudential Corporate Bond Fund
|
|
|
Moderate
|
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0.57 |
|
 |
|
Moderate
|
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0.61 |
||
|
|
Moderate
|
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0.52 |
||
|
|
Moderate
|
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0.67 |
||
|
|
Moderate
|
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0.91 |
₹27,056 Cr
--
100
--
100
6
Investment Strategy
The scheme seeks to generate income through investing predominantly in AA+ and above rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity.
Suitability
"Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
ICICI Prudential Corporate Bond Fund is mandated to invest at least 80 per cent of its assets in high-grade corporate bonds rated AA+ and above.
Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Corporate Bond Fund fund can be purchased from the website of ICICI Prudential Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of ICICI Prudential Corporate Bond Fund is ₹27.7412 as of 14-Aug-2024.
The AUM of ICICI Prudential Corporate Bond Fund Fund is ₹27,056 Cr as of 31-Jul-2024
The riskometer level of ICICI Prudential Corporate Bond Fund is Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
GOI GOI FRB 22/09/2033 |
8.19
|
|
GOI Sec 7.18 14/08/2033 |
5.80
|
|
GOI Sec 7.10 08/04/2034 |
3.33
|
|
National Bank For Agriculture & Rural Development SR 23H Debenture 7.58 31/07/2026 |
3.19
|
|
Pipeline Infrastructure (India) Pvt. Ltd SR 3 Debenture 7.96 11/03/2029 |
3.01
|
As of 31-Jul-2024, ICICI Prudential Corporate Bond Fund had invested 97.22% in Debt and 2.78% in Cash & Cash Eq. See More
ICICI Prudential Corporate Bond Fund is 15 years 2 months old. It has delivered 7.93% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.74%
|
6.27%
|
6.96%
|
7.01%
|
7.64%
|
7.93%
|
No, There is no lock in period in ICICI Prudential Corporate Bond Fund.
The expense ratio of ICICI Prudential Corporate Bond Fund is 0.57.
Mutual Funds 
ICICI Prudential ICICI Prudential Corporate Bond Fund
