Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
High
₹32.3297 -0.01%
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 Credit Risk Fund - Direct Plan
|
|
|
High
|
Please wait... |
0.77 |
|
 |
|
High
|
Please wait... |
0.70 |
||
|
|
Moderately High
|
Please wait... |
0.96 |
||
 |
|
High
|
Please wait... |
0.89 |
||
|
|
Moderately High
|
Please wait... |
0.67 |
₹6,624 Cr
1.00 (365)
100
1
100
6
Investment Strategy
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.
Suitability
"Credit risk funds invest mainly in bonds which are rated AA or below by credit rating agencies. The lower rating indicates a higher possibility of these bonds defaulting on repayment of investors' money. Therefore, these funds are the riskiest among debt fund categories. But they compensate for this additional risk with a higher return potential as these bonds offer better rates of interest than the highest rated bonds.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."
Capital Gains Taxation
Dividend Taxation
4 min read•By Aarati Krishnan
ICICI Prudential Credit Risk Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in corporate bonds rated AA and below.
Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Credit Risk Fund - Direct Plan 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 Credit Risk Fund - Direct Plan is ₹32.3297 as of 14-Aug-2024.
The AUM of ICICI Prudential Credit Risk Fund - Direct Plan Fund is ₹6,624 Cr as of 31-Jul-2024
The riskometer level of ICICI Prudential Credit Risk Fund - Direct Plan is High. See More
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 7.18 14/08/2033 |
6.99
|
|
Embassy Office |
4.63
|
|
Varroc Engineering Ltd NCD 8.60 07/09/2028 |
3.74
|
|
GOI Sec 7.10 08/04/2034 |
3.64
|
|
Millenia Realtors Pvt Ltd ZCB 9.90 17/04/2026 |
3.17
|
As of 31-Jul-2024, ICICI Prudential Credit Risk Fund - Direct Plan had invested 90.44% in Debt, 7.33% in Real Estate and 2.24% in Cash & Cash Eq. See More
ICICI Prudential Credit Risk Fund - Direct Plan is 11 years 7 months old. It has delivered 8.90% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
9.06%
|
7.35%
|
8.26%
|
8.11%
|
8.80%
|
8.90%
|
No, There is no lock in period in ICICI Prudential Credit Risk Fund - Direct Plan.
The expense ratio of ICICI Prudential Credit Risk Fund - Direct Plan is 0.77.
Mutual Funds 
ICICI Prudential ICICI Prudential Credit Risk Fund - Direct Plan
