ICICI Pru Savings Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 441.3633   0.3869(0.088 %) NAV as on 12 Aug 2022
Prime Rating: 3 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 22,283.47
Fund category:
Low Duration
Fund manager(s):
Rahul Goswami, Rohan Maru
Benchmark:
CRISIL Low Duration Debt Index
Minimum investment:
₹ 100
Launch date:
01 Jan 2013
Min. additional investment:
₹ 100
Expense ratio:
0.4 %
Exit load:
N/A

Scheme 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.


Performance (As on 12 Aug 2022)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.32 % 0.77 %1.25 % 2.95 % 5.75 %6.51 % N/A

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
5.53% Government Securities
Government Securities
30.97%
SOV
4.93% Government Securities
Government Securities
9.65%
SOV
6.69% Government Securities
Government Securities
4.92%
SOV
7.99% State Bank Of India (Tier II - Basel III) **
Corporate Debt
4.17%
CRISIL AAA
5.38% Government Securities
Government Securities
3.85%
SOV
Indian Bank **
Certificate of Deposit
3.28%
CRISIL A1+
182 Days Treasury Bills
Treasury Bills
2.88%
SOV
Indian Bank
Certificate of Deposit
2.24%
CRISIL A1+
IDFC First Bank Ltd. **
Certificate of Deposit
2.23%
CRISIL A1+
8.9508% Pipeline Infrastructure Pvt Ltd. **
Corporate Debt
2.1%
CRISIL AAA

About this category

Low duration debt funds invest in debt instruments such as commercial paper, certificate of deposits, treasury bills and other money market instruments. They maintain an average portfolio maturity of around 1 year. These funds may deliver losses on a day-to-day basis but are generally low volatile. While most funds pick instruments that have a high credit rating, some can go into papers with lower credit ratings in order to deliver higher return.

Suitability

These funds suit any investor with investment horizons of 6 months to a year. Ensure that funds do not have a high share of low-rated debt. These funds can also be used to maintain emergency money as well.

Taxation

Short-term: Holding period is less than 36 months.

Taxation: Capital gains are taxed at individual’s slab rate 


Long-term: Holding period is 36 months or more.

Taxation: Capital gains are taxed at 20% with indexation benefit.

How are mutual funds taxed?

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