ICICI Prudential Corporate Bond Fund - Growth

ICICI Prudential Corporate Bond Fund - Growth is a scheme launched by ICICI Mutual Fund on August 11, 2009, and falls under the Corporate Bond fund category. It currently manages an AUM of Rs 33,485.48 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 0.58% for managing the portfolio.

• Investing Strategy:

  To generate income through investing predominantly in AA+ and above rated corporate bonds 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.

• Performance:

  ICICI Prudential Corporate Bond Fund - Growth trailing returns over different times are 8.25% (1 year), 7.74% (3 year) and 6.54% (5 year). The average annual return of this fund stands at 5.83%.