July 7, 2022
mayank
ICICI Prudential Equity and Debt Fund Guidance
NAV Growth : Rs 233.4100
NAV IDCW Yearly : Rs 20.6300
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
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.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy :
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.
Fund Manager :
— Mittul Kalawadia
Education : Mr. Kalawadia is a B.Com. from Mithibai College, M.Com. from University of Mumbai and CA. from ICAI.
Experience : He has been associated with ICICI Prudential since 2012.
— Sankaran Naren
Education : Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
Experience : Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
— 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.
— 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.
— Sri Sharma
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 30% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 16.06% |
| Benchmark: | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 19,096 Cr |
| (As on 31-May-2022) | |
| Expense: | 1.25% |
| (As on 31-May-2022) | |
| Risk Grade: | Average |
| Return Grade: | High |
| Turnover: | 45.00% |
ICICI Prudential Equity and Debt Fund 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 Equity & Debt Direct-G | -0.65 | 0.22 | -0.32 | -3.03 | -7.7 | -2.66 | 14.82 | 16.82 | 13.35 | 13.71 | — |
| VR Balanced TRI | -7.16 | -0.14 | -0.14 | -3.87 | -10.11 | -9.76 | 1.28 | 10.44 | 10.77 | 9.95 | — |
| Hybrid: Aggressive Hybrid | -6.89 | 0.98 | 1.56 | -1.4 | -7.52 | -8.16 | 2.09 | 11.86 | 9.84 | 10.19 | — |
| Rank within category | 1 | 47 | 47 | 45 | 31 | 1 | 2 | 3 | 2 | 2 | — |
| Number of funds in category | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 41 | 31 | 24 | 0 |
ICICI Prudential Equity and Debt Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Equity & Debt Fund | 5 star | Jan-13 | 14.82 | 16.82 | 13.35 | 1.25% | 19,096 |
| SBI Equity Hybrid Fund | 4 star | Jan-13 | 2.99 | 12.01 | 11.53 | 0.84% | 50,266 |
| Canara Robeco Equity Hybrid Fund | 5 star | Jan-13 | 1.04 | 13.54 | 11.84 | 0.60% | 7,429 |
| Mirae Asset Hybrid Equity Fund | 4 star | Jul-15 | 1.88 | 12.5 | 11.96 | 0.42% | 6,545 |
| HDFC Children’s Gift Fund | 4 star | Jan-13 | 3.06 | 13.97 | 11.58 | 1.06% | 5,217 |
Portfolio Analysis
| Number of Stocks | 57 |
| Top 10 Holdings (%) * | — |
| Top 5 Holdings (%) * | — |
| Top 3 Sectors (%) * | — |
| Portfolio P/B Ratio * | 2.03 |
| Portfolio P/E Ratio | 13.24 |
| Avg Credit Rating | AAA |
ICICI Prudential Equity and Debt Fund Guidance by Chanakya :
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
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