July 7, 2022
mayank
ICICI Prudential Debt Management Fund (FOF) Guidance
NAV IDCW : Rs 35.5263
NAV Growth : Rs 36.8984
Suitable For Which Investors ?
“Medium to Long Duration debt funds invest mainly in bonds maturing in four to seven years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they may experience some degree of volatility in response to changes in interest rates.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.”
Fund’s Investment Strategy :
The Scheme seeks to generate capital appreciation primarily from a portfolio of debt oriented schemes accessed through the diversified investment styles of underlying schemes.
Fund Manager :
— Manish Banthia
Education : Mr. Banthia is B.Com, CA and MBA
Experience : He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC – Fixed Income Investments – Aug 2007 to Oct 2009, ICICI Prudential AMC – New Product Development – Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. – From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. – From May 2004 to May 2005.
— Ritesh Lunawat
Education : Mr. Lunawat is B.Com and Chartered Accountant.
Experience : He has been Working with ICICI Prudential AMC Since September 2013.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 0.25% for redemption within 15 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 8.28% |
| Benchmark: | CRISIL Composite Bond Index |
| Riskometer: | Moderate |
| Type: | Open-ended |
| Assets: | Rs 179 Cr |
| (As on 31-May-2022) | |
| Expense: | 0.39% |
| (As on 31-May-2022) | |
| Risk Grade: | Low |
| Return Grade: | Average |
ICICI Prudential Debt Management Fund (FOF) Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru Debt Management (FOF) Direct-IDCW | 0.6 | 0.27 | 0.69 | 0.74 | 0.37 | 0.74 | 2.83 | 6.44 | 6.73 | 7.64 | — |
| VR Bond | -0.1 | -0.03 | 0.15 | 0.54 | -0.41 | 0.03 | 2.12 | 3.99 | 5.12 | 6 | — |
| Debt: Medium to Long Duration | -0.11 | 0.25 | 0.67 | 1.2 | -0.89 | 0.11 | 3.18 | 5.9 | 5.77 | 7.01 | — |
| Rank within category | 2 | 12 | 15 | 26 | 2 | 2 | 5 | 6 | 3 | 5 | — |
| Number of funds in category | 19 | 28 | 28 | 28 | 28 | 19 | 15 | 14 | 14 | 14 | 0 |
ICICI Prudential Debt Management Fund (FOF) Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Debt Management Fund (FOF) | 4 star | Jan-13 | 2.83 | 6.44 | 6.73 | 0.39% | 179 |
| ICICI Prudential Bond Fund | 4 star | Jan-13 | 2.86 | 6.92 | 6.76 | 0.56% | 2,576 |
| Kotak Bond Fund | 4 star | Jan-13 | 2.68 | 6.56 | 6.46 | 0.58% | 1,551 |
| SBI Magnum Income Fund | 5 star | Jan-13 | 2.67 | 7.6 | 7.22 | 0.80% | 1,543 |
| Aditya Birla Sun Life Income Fund | 4 star | Jan-13 | 3.1 | 6.83 | 6.7 | 0.50% | 1,533 |
Portfolio Breakup
| Fund | 1Y High | 1Y Low | Category | |
| Number of Securities | 9 | 9 | — | 9 |
| Modified Duration (yrs) | — | — | — | — |
| Average Maturity (yrs) | — | — | — | — |
| Yield to Maturity (%) | — | — | — | — |
| Avg Credit Rating | AAA | — | — | — |
ICICI Prudential Debt Management Fund (FOF) Guidance by Chanakya :
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