June 12, 2025
mayank
ICICI Prudential Savings Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 550.8261
NAV IDCW Weekly: Rs 105.4191
Monthly NAV IDCW: Rs 101.9488
Suitable For Which Investors?
“Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here’s why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there’s a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don’t need for up to a year in a Liquid fund.”
Fund’s Investment Strategy:
The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity.
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) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of ICICI Prudential Savings Fund
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.87% |
| Benchmark | NIFTY Low Duration Debt Index A-I |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 22,934 Cr |
| (As on 31-May-2025) | |
| Expense | 0.42% |
| (As on 31-May-2025) | |
| Risk Grade | High |
| Return Grade | High |
Trailing Returns (%) of ICICI Prudential Savings Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru Savings Dir | 4.14 | -0.01 | 1.03 | 2.78 | 4.51 | 8.65 | 7.95 | 6.71 | 7.24 | 7.46 |
| CCIL T Bill Liquidity Weight | 2.57 | -0.01 | 0.60 | 1.60 | 2.72 | 5.29 | 4.52 | 3.52 | 3.75 | 3.95 |
| Debt: Low Duration | 4.18 | -0.03 | 0.99 | 2.80 | 4.54 | 8.64 | 7.60 | 6.77 | 6.76 | 7.09 |
| Rank within category | 7 | 1 | 2 | 8 | 7 | 8 | 2 | 9 | 4 | 3 |
| Number of funds in category | 20 | 23 | 23 | 21 | 20 | 20 | 20 | 20 | 20 | 19 |
Peer Comparison of ICICI Prudential Savings Fund
| 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 Savings Dir | 1 star | 8.65 | 7.95 | 6.71 | 0.42 | 22,934 | 7.87 | — | 12Y 5M |
| SBI Magnum Low Duration Dir | 4 star | 8.54 | 7.56 | 6.24 | 0.43 | 14,729 | 7.50 | — | 12Y 5M |
| ABSL Low Duration Dir | 5 star | 8.61 | 7.75 | 6.75 | 0.43 | 13,528 | 8.04 | — | 12Y 5M |
| Axis Treasury Advantage Dir | 4 star | 8.68 | 7.65 | 6.45 | 0.35 | 6,600 | 7.76 | — | 12Y 5M |
| LIC MF Low Duration Dir | 5 star | 8.47 | 7.40 | 6.45 | 0.26 | 2,100 | 7.26 | — | 12Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 189 | 82 |
| Macaulay Duration (yrs) | 0.93 | 0.92 |
| Average Maturity (yrs) | 1.81 | 1.21 |
| Yield to Maturity (%) | 7.14 | 6.95 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For ICICI Prudential Savings Fund
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