ICICI Prudential Banking and PSU Debt Fund Half Yearly IDCW Option

ICICI Prudential Banking and PSU Debt Fund Half Yearly IDCW Option is a fund scheme from ICICI mutual fund. It falls under a Banking and PSU category. After being launched on 2015-02-11. ICICI Prudential Banking and PSU Debt Fund Half Yearly IDCW Option has achieved Rs 8185.99 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 500 to start the investment. The expense ratio of this fund is 0.8%.

• Investing Strategy:

  To generate regular income through investments in a basket of debt and money market instruments consisting predominantly of securities issued by entities such as Banks and Public Sector Undertakings (PSU) with a view to providing reasonable returns, while maintaining an optimum balance of safety, liquidity and yield.

• Performance:

  ICICI Prudential Banking and PSU Debt Fund Half Yearly IDCW Option trailing returns over different times are 0.18% (1 year), 0.28% (3 year), 0.94% (5 year). The average annual return of this fund stands at 0.18%

• Fund Manager & Portfolio Allocation:

  Rahul Goswami,Chandni Gupta are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Financial, Sovereign, Communication, Consumer Staples, Energy, Others Sectors. First five holdings of this fund are GOI% 22/09/2033, 6.67% GOI 15/12/2035, 6.89% Indian Railway Finance Corporation Ltd. 19/07/2031, 8.85% HDFC Bank Ltd., 9.15% ICICI Bank Ltd., Others, Others, Others Companies.