January 9, 2022
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The scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio that is investing in equities and related securities as well as fixed income and money market securities
Scheme : ICICI Prudential Equity & Debt Fund
First we will provide you with some facts and then we shall give our guidance.
This Scheme was Launched in January 2013
AUM: Rs. 18303 crore at present.
Offers Growth & Didivend Options. NAV of Growth option is Rs. 241 and NAV of Dividend option is Rs. 21.30
Investment strategy of this fund:
The scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio that is investing in equities and related securities as well as fixed income and money market securities. The approximate allocation to equity would be in the range of 60-80 per cent with a minimum of 51 per cent, and the approximate debt allocation is 40-49 per cent, with a minimum of 20 per cent.
Benchmark : Crisil hybrid 35+65
Investment Pattern :
Equity : 74.50 % of AUM
Debt : 21.70 % of AUM
Cash/ Liquid: 4.30 % of AUM
Past Performance Tracker
(Returns of Benchmark are indicated in the bracket)
Fund has provided 17.43 % return p.a. since its launch.
During last 1 years, it has provided return of 41.21 % pa ( 23.83 % ),
During last 3 years, it has provided return of 20.89 % pa( 17.59 % ) and
During last 5 years, the fund has provided return of 16.85 % pa( 16.08 % )
Peer Comparison : AUM 1Yr 3Yr 5Yr
1) SBI Equity Hybrid Fund ( AUM Rs. 47738 Cr ) 1 Yr Return : 23.88 %
2) DSP Equity & Bond Fund ( AUM Rs. 7477 Cr ) 1 Yr Return : 25.26 %
3) Mirae Asset hybrid Equity Fund ( AUM Rs. 6229 Cr ) 1 Yr Return : 25.91 %
How you can invest :
Min of Rs. 5000 and thereafter in multiple of Rs. 1000
for SIP : Min of Rs.100 and Minimum of 6 cheques .
Editorial Observations:
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.Compared to other hybrid funds, this fund has been strong performer during last one year and also during the period of 3 years.If you wish to go for Hybrid fund, you can go for this fund.
( Analysis on 9th Janaury 2022)