CASPeR Ranking #2
ICICI Prudential Long Term Bond Fund Institutional Growth
NAV (Fri Apr 24 2020)
₹74
Returns (Since Inception)
9.44%
Category Average
5.82%
Rating
NA
Allocation and Holdings
Asset class
Weightage
Unknown
94.69%
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Overall rating
Scheme Information
Fund name
ICICI Prudential Long Term Bond Fund Institutional Growth
Minimum SIP
1000
Risk Level
Moderate Risk
AUM
₹876.91 Cr
ISIN
INF109K01407
Inception Date
Mar 20 2003
Standard Deviation
4.542
Beta
-
Sharpe Ratio
0.559
Benchmark
NIFTY Long Duration Debt Index TR INR
Expense Ratio
0.950%
Exit Load
NIL
Risk
Moderate Risk
Investment Objective
To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Fund Managers
Manish Banthia
Anuj Tagra
About the AMC
ICICI Prudential Asset Management Company Limited
Phone Number
+91 22 26428000Email Address
enquiry@icicipruamc.comCorporate Office Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)Overall AUM
₹876.91 Cr
Website
www.icicipruamc.comPopular Hybrid Funds
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frequently asked questions
view all FAQsWhat is the current NAV of ICICI Prudential Long Term Bond Fund Institutional Growth?
The NAV of ICICI Prudential Long Term Bond Fund Institutional Growth is ₹74 as of Fri Apr 24 2020.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
Who is the fund manager of ICICI Prudential Long Term Bond Fund Institutional Growth?
Manish Banthia is the current fund manager of ICICI Prudential Long Term Bond Fund Institutional Growth as on Tue Sep 10 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.
What is the expense ratio of ICICI Prudential Long Term Bond Fund Institutional Growth?
The Expense Ratio of ICICI Prudential Long Term Bond Fund Institutional Growth is 95.00% as of Tue Sep 10 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 95.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
What is the minimum SIP amount of ICICI Prudential Long Term Bond Fund Institutional Growth?
The minimum Systematic Investment Plan (SIP) amount required for ICICI Prudential Long Term Bond Fund Institutional Growth is ₹1,000. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
What is the minimum lump sum amount required to invest in ICICI Prudential Long Term Bond Fund Institutional Growth?
To initiate a lump sum investment in ICICI Prudential Long Term Bond Fund Institutional Growth, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
What is risk category of the ICICI Prudential Long Term Bond Fund Institutional Growth?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of ICICI Prudential Long Term Bond Fund Institutional Growth is classified as Moderate Risk.
What is the category of ICICI Prudential Long Term Bond Fund Institutional Growth?
The category of the ICICI Prudential Long Term Bond Fund Institutional Growth is Fixed Income.