RL
Rohit LakhotiaLead
Since Jun 2023
AUM managed
₹27,929Cr
Tenure
Since Jun 2023
Funds
19
ICICI Pru Banking & PSU Debt Retl Gr
Banking and PSU FundICICI Prudential Mutual Fund
NAV
₹21.63
-0.64% today
AUM
₹8,667.02 Cr
Fund size
Expense
0.73%
Regular plan
Min SIP
₹100
per month
Min Lumpsum
₹500
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank#6 of 20
Risk-o-meterModerate Risk
BenchmarkNifty Banking & PSU Debt Idx A-II TR INR (100%)
Number of holdings94
Inception06 Sept 2010
Exit load0.0
Debt metrics
Modified duration2.86 yrs
Average maturity4.96 yrs
Yield to maturity7.63%
Average credit qualityAAA
Standard deviation1.82%
Capital gains tax
Debt
STCG · short-term
Slab RateShort-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
LTCG · long-term
Slab RateLong-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
Debt and other non-equity mutual fund gains are taxed at the investor's slab rate.
Fund managers
MB
Manish BanthiaLead
Since Sep 2024
AUM managed
₹4,59,754.05Cr
Tenure
Since Sep 2024
Funds
33
About ICICI Pru Banking & PSU Debt Retl Gr
ICICI Pru Banking & PSU Debt Retl Gr is an open-ended Banking and PSU Fund mutual fund scheme offered by ICICI Prudential Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹21.63 per unit and the scheme manages ₹8,667.02 Cr in assets under management. The fund charges an expense ratio of 0.73% and is benchmarked against Nifty Banking & PSU Debt Idx A-II TR INR (100%). Over the trailing 5 years, ICICI Pru Banking & PSU Debt Retl Gr has delivered +7.99% returns. SEBI's riskometer places this scheme in the Moderate Risk category, so read the scheme information document before investing.
Investment objective
To generate income through predominantly investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Regular Plan · Growth option · NAV as of 24 Apr 2020
ICICI Pru Banking & PSU Debt Retl Gr returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | +2.42% | -0.17% |
| 3 months | +0.85% | +0.45% |
| 6 months | +3.16% | +2.15% |
| 1 year | +8.52% | +3.85% |
| 3 years | +6.86% | +6.59% |
| 5 years | +7.99% | +5.83% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | +0.14% |
| 3 months | -- | +0.42% |
| 6 months | -- | +2.73% |
| 1 year | -- | +4.21% |
| 3 years | -- | +18.81% |
| 5 years | -- | +28.81% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
ICICI Pru Banking & PSU Debt Retl Gr — frequently asked questions
What is the NAV of ICICI Pru Banking & PSU Debt Retl Gr?
The latest net asset value (NAV) of ICICI Pru Banking & PSU Debt Retl Gr is ₹21.63 per unit, -0.64% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has ICICI Pru Banking & PSU Debt Retl Gr delivered?
ICICI Pru Banking & PSU Debt Retl Gr has returned +7.99% over the trailing 5 years (1 year: +8.52%, 3 years: +6.86%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of ICICI Pru Banking & PSU Debt Retl Gr?
ICICI Pru Banking & PSU Debt Retl Gr charges an expense ratio of 0.73% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is ICICI Pru Banking & PSU Debt Retl Gr?
SEBI's riskometer classifies ICICI Pru Banking & PSU Debt Retl Gr as Moderate Risk, which is typical for a Banking and PSU Fund scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in ICICI Pru Banking & PSU Debt Retl Gr?
You can start a SIP in ICICI Pru Banking & PSU Debt Retl Gr from ₹100 per month, and the minimum lumpsum investment is ₹500.
Who manages ICICI Pru Banking & PSU Debt Retl Gr?
ICICI Pru Banking & PSU Debt Retl Gr is managed by ICICI Prudential Mutual Fund, holds ₹8,667.02 Cr in assets under management and invests across 94 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- ICICI Prudential Mutual Fund
- Scheme category
- Debt
- Scheme sub-category
- Banking and PSU Fund
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF109K01II5
- Scheme code
- FSUSA0AN1E