ICICI Prudential Banking and PSU Debt Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (17-May-24)
₹31.06-0.01%1D
Returns (Since Inception)
8.19%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹9,056 Cr
Expense Ratio
0.39%
ISIN
INF109K010A6
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
14 Mar 2013
About this fund
ICICI Prudential Banking and PSU Debt Fund Direct Growth is a Banking & PSU mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 11 years, 2 months and 6 days, having been launched on 14-Mar-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹31.06, Assets Under Management (AUM) of 9056.41 Crores, and an expense ratio of 0.39%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹31.06, Assets Under Management (AUM) of 9056.41 Crores, and an expense ratio of 0.39%.
- ICICI Prudential Banking and PSU Debt Fund Direct Growth has given a CAGR return of 8.19% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 93.17% in debts, and 6.60% in cash & cash equivalents.
- You can start investing in ICICI Prudential Banking and PSU Debt Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.62%
+5.74% (Cat Avg.)
3 Years
+6.26%
+4.73% (Cat Avg.)
5 Years
+7.44%
+6.06% (Cat Avg.)
10 Years
+8.08%
+6.17% (Cat Avg.)
Since Inception
+8.19%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Debt | ₹8,437.92 Cr | 93.17% |
| Others | ₹618.49 Cr | 6.83% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹1,235.21 Cr | 13.64% |
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹760.37 Cr | 8.40% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹570.88 Cr | 6.30% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹377.16 Cr | 4.16% |
| Net Current Assets | Cash | ₹259.87 Cr | 2.87% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹258.83 Cr | 2.86% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹253.67 Cr | 2.80% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹227.08 Cr | 2.51% |
| Housing And Urban Development Corporation Ltd. | Bond - Corporate Bond | ₹224.97 Cr | 2.48% |
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹220.24 Cr | 2.43% |
| Bharat Petroleum Corporation Limited | Bond - Corporate Bond | ₹199.7 Cr | 2.21% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹199.02 Cr | 2.20% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹198.69 Cr | 2.19% |
| Treps | Cash - Repurchase Agreement | ₹194.29 Cr | 2.15% |
| State Bank Of India | Bond - Corporate Bond | ₹179.81 Cr | 1.99% |
| State Bank Of India | Bond - Corporate Bond | ₹179.62 Cr | 1.98% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹163.82 Cr | 1.81% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹149.22 Cr | 1.65% |
| Axis Bank Limited | Bond - Corporate Bond | ₹140.56 Cr | 1.55% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹124.9 Cr | 1.38% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹124.62 Cr | 1.38% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹124.27 Cr | 1.37% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹119.06 Cr | 1.31% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹114.71 Cr | 1.27% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹112.23 Cr | 1.24% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹101.96 Cr | 1.13% |
| DME Development Ltd. | Bond - Corporate Bond | ₹100.39 Cr | 1.11% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹99.75 Cr | 1.10% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹94.62 Cr | 1.04% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹89.67 Cr | 0.99% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹80.8 Cr | 0.89% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹74.79 Cr | 0.83% |
| Bank Of Baroda | Bond - Corporate Bond | ₹74.37 Cr | 0.82% |
| Rec Limited | Bond - Corporate Bond | ₹72.87 Cr | 0.80% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹72.21 Cr | 0.80% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹60.21 Cr | 0.66% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹50.53 Cr | 0.56% |
| Housing And Urban Development Corporation Ltd. | Bond - Corporate Bond | ₹49.86 Cr | 0.55% |
| Bharat Sanchar Nigam Limited | Bond - Corporate Bond | ₹49.8 Cr | 0.55% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.8 Cr | 0.55% |
| Axis Bank Limited | Bond - Corporate Bond | ₹49.78 Cr | 0.55% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.58 Cr | 0.55% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.64 Cr | 0.54% |
| Rec Limited | Bond - Corporate Bond | ₹48.53 Cr | 0.54% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹47.9 Cr | 0.53% |
| Uttar Pradesh (Government of) | Bond - Sub-sovereign Government Debt | ₹44.7 Cr | 0.49% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹40.45 Cr | 0.45% |
| Kotak Mahindra Bank Limited | Bond - Corporate Bond | ₹40.3 Cr | 0.45% |
| Dme Development Limited | Bond - Corporate Bond | ₹33.22 Cr | 0.37% |
| Dme Development Limited | Bond - Corporate Bond | ₹33.19 Cr | 0.37% |
| Dme Development Limited | Bond - Corporate Bond | ₹33.05 Cr | 0.36% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.99 Cr | 0.36% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.97 Cr | 0.36% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.89 Cr | 0.36% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.81 Cr | 0.36% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.67 Cr | 0.36% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.42 Cr | 0.36% |
| Dme Development Limited | Bond - Corporate Bond | ₹32.28 Cr | 0.36% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹30.12 Cr | 0.33% |
| West Bengal (Government of) | Bond - Sub-sovereign Government Debt | ₹30.05 Cr | 0.33% |
| West Bengal (Government of) | Bond - Sub-sovereign Government Debt | ₹30.02 Cr | 0.33% |
| Uttar Pradesh (Government of) | Bond - Sub-sovereign Government Debt | ₹29.98 Cr | 0.33% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹29.91 Cr | 0.33% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.08 Cr | 0.28% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.03 Cr | 0.28% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.03 Cr | 0.28% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.28% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹24.91 Cr | 0.28% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹24.88 Cr | 0.27% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.86 Cr | 0.27% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.38 Cr | 0.27% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹22.31 Cr | 0.25% |
| Corporate Debt Market Development Fund (Class A2) | Mutual Fund - Open End | ₹21.08 Cr | 0.23% |
| Rajasthan (Government of ) | Bond - Sub-sovereign Government Debt | ₹20.04 Cr | 0.22% |
| ICICI Bank Limited | Bond - Corporate Bond | ₹19.77 Cr | 0.22% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹14.96 Cr | 0.17% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹14.92 Cr | 0.16% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹12.55 Cr | 0.14% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹12.46 Cr | 0.14% |
| Himachal Pradesh (Government of) | Bond - Sub-sovereign Government Debt | ₹9.99 Cr | 0.11% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹9.92 Cr | 0.11% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹9.84 Cr | 0.11% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹5.05 Cr | 0.06% |
| Uttar Pradesh (Government of) | Bond - Sub-sovereign Government Debt | ₹0.94 Cr | 0.01% |
| 08.05 RJ Sdl 2025feb | Bond - Gov't/Treasury | ₹0.55 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹6,030.95 Cr | 66.59% |
| Bond - Gov't/Treasury | ₹2,241.26 Cr | 24.75% |
| Cash | ₹259.87 Cr | 2.87% |
| Cash - Repurchase Agreement | ₹194.29 Cr | 2.15% |
| Bond - Sub-sovereign Government Debt | ₹165.71 Cr | 1.83% |
| Cash - CD/Time Deposit | ₹143.26 Cr | 1.58% |
| Mutual Fund - Open End | ₹21.08 Cr | 0.23% |
Risk & Performance Ratios
Standard Deviation
This fund
0.92%
Cat. avg.
1.48%
Lower the better
Sharpe Ratio
This fund
0.76
Cat. avg.
-0.62
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.54
Higher the better
Fund Managers
RM
Rohan Maru
Since January 2024
RL
Rohit Lakhotia
Since June 2023
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF109K010A6 | Expense Ratio | 0.39% | Exit Load | No Charges | Fund Size | ₹9,056 Cr | Age | 14 Mar 2013 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Banking & PSU Debt Idx A-II TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Banking & PSU Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14207.57 Cr | 6.7% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹14207.57 Cr | 6.3% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹630.16 Cr | 6.7% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹630.16 Cr | 7.0% |
| PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹45.38 Cr | 6.8% |
| PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹45.38 Cr | 6.6% |
| Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹405.32 Cr | 6.2% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹405.32 Cr | 6.5% |
| Tata Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹213.01 Cr | 6.9% |
| Tata Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹213.01 Cr | 6.4% |
About the AMC
Total AUM
₹7,40,943 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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We're here to help.
What is the current NAV of ICICI Prudential Banking and PSU Debt Fund Direct Growth?
The NAV of ICICI Prudential Banking and PSU Debt Fund Direct Growth, as of 17-May-2024, is ₹31.06.
What are the returns of ICICI Prudential Banking and PSU Debt Fund Direct Growth?
The fund has generated 7.62% over the last 1 year and 6.26% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of ICICI Prudential Banking and PSU Debt Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 93.17% in bonds, and 6.60% in cash and cash equivalents.
Who manages the ICICI Prudential Banking and PSU Debt Fund Direct Growth?
The fund managers responsible for ICICI Prudential Banking and PSU Debt Fund Direct Growth are:-
- Rohan Maru
- Rohit Lakhotia
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.