June 2, 2025
mayank
ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.1738
NAV IDCW Yearly: Rs 10.1738
Suitable For Which Investors?
“Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to track the CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking errors.
Fund Manager:
1) Darshil Dedhia
Education: Mr. Dedhia has done CA and CFA.
Experience: He has been working with ICICI Prudential Mutual Fund since 2013.
2) Nikhil Kabra
Education: Mr. Kabra is a B.Com and Chartered Accountant.
Experience: Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 19-Mar-25 |
| Return Since Launch | 1.74% |
| Benchmark | CRISIL-IBX Financial Services 3 to 6 Months Debt |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 575 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.10% |
| (As on 31-May-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Dir | — | 0.01 | 0.6 | — | — | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | — | -0.01 | 0.46 | — | — | — | — | — | — | — |
| Debt: Ultra Short Duration | — | 0.02 | 0.64 | — | — | — | — | — | — | — |
| Rank within category | — | 28 | 27 | — | — | — | — | — | — | — |
| Number of funds in category | 26 | 30 | 29 | 26 | 25 | 24 | 24 | 22 | 13 | 11 |
Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Dir | Unrated | — | — | — | 0.10 | 575 | 1.74 | — | 2M |
| ABSL CRISIL-IBX Fin Srvices 3 to 6 Months Debt Index Dir | Unrated | — | — | — | 0.13 | 3,653 | 3.69 | — | 5M |
| Kotak CRISIL-IBX Fin Srvices 3-6 Months Debt Index Dir | Unrated | — | — | — | 0.12 | 654 | 2.02 | — | 2M |
| Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Dir | Unrated | — | — | — | 0.10 | 437 | 1.94 | — | 2M |
| ICICI Pru Ultra Short Term Dir | 4 star | 8.04 | 7.44 | 6.52 | 0.39 | 15,092 | 8.05 | — | 12Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 20 | 58 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
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