1 Year Return
as 17th Jan 2020
Min. SIP Amount
Profit (absolute return)
Min Lumpsum Amount
0% if redeemed within 12 months.
|Fund Managers||Rahul Goswami, Nikhil Kabra|
|Legal Structure||Open Ended Investment Company|
|Risk Level||Moderately Low risk|
|RELIANCE INDUSTRIES LIMITED||5.43%|
|Power Finance Corporation Ltd.||4.34%|
|ORIENTAL BANK OF COMMERCE||4.22%|
|LARSEN AND TOUBRO LIMITED||3.26%|
|IndusInd Bank Limited||3.16%|
It is a debt fund which was launched by ICICI prudential mutual fund. On 1st Jan 2013, this scheme was introduced to investors. It is rated as Moderately Low-risk. The minimum SIP is INR 100 and for lumpsum the amount is INR 500.
Currently, the fund is managed by Nikhil Kabra, Rahul Goswami.
The main objective is to provide expected returns; commensurate with low-risk whilst providing a high level of liquidity, through investments made primarily in debt and money market securities.
Risk-adjusted returns are a bit higher as compared to the category
Lower expense ratio
1-year returns are higher than the benchmark
3-year returns are higher than the benchmark
Also, exit load is ZERO
ICICI Prudential is one of the reputed names in the Indian Mutual Fund industry. It is the second largest AMC’s in the country. The role of the ICICI Prudential in the expansion and awareness about the mutual fund industry in the last 30 years is quite phenomenal. They have created a wide range of product for different investor.