Analyst’s Choice
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 Constant Maturity Gilt Fund
|
Moderate
|
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0.39 |
|||
Moderate
|
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0.64 |
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Moderate
|
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0.14 |
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Moderate
|
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0.14 |
₹2,317 Cr
--
5,000
1
1,000
6
Investment Strategy
The scheme seeks to generate income primarily by investing in portfolio of Government Securities while maintaining Macaulay duration of the portfolio around 10 years.
Suitability
"This is a fund that invests mainly in bonds issued by the government of India which will mature in 10 years or more. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
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
ICICI Prudential Constant Maturity Gilt Fund is mandated to invest at least 80 per cent of its assets in bonds issued by the government of India, such that the duration of its portfolio is equal to 10 years.
Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Constant Maturity Gilt 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 Constant Maturity Gilt Fund is ₹22.7469 as of 14-Aug-2024.
The AUM of ICICI Prudential Constant Maturity Gilt Fund Fund is ₹2,317 Cr as of 31-Jul-2024
The riskometer level of ICICI Prudential Constant Maturity Gilt Fund is Moderate. See More
Company | Percentage of Portfolio |
---|---|
GOI Sec 7.18 14/08/2033 |
44.26
|
GOI Sec 7.10 08/04/2034 |
43.75
|
GOI Sec 7.18 24/07/2037 |
8.78
|
As of 31-Jul-2024, ICICI Prudential Constant Maturity Gilt Fund had invested 96.79% in Debt and 3.21% in Cash & Cash Eq. See More
ICICI Prudential Constant Maturity Gilt Fund is 9 years 11 months old. It has delivered 8.63% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
8.63%
|
5.54%
|
6.63%
|
7.37%
|
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|
8.63%
|
No, There is no lock in period in ICICI Prudential Constant Maturity Gilt Fund.
The expense ratio of ICICI Prudential Constant Maturity Gilt Fund is 0.39.