ICICI Prudential Savings Fund - Growth - Regular Plan

Item: ICICI Prudential Savings Fund - Growth - Regular Plan
Rating: 3
Author: PersonalFN

₹386.8457 1.55 %Nav, as on 27-03-2020
Previous Nav
₹ 380.9373
Net Change on 27-03-2020
₹5.91
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 22,150.12
Expense Ratio
0.5%
(As on Feb 29, 2020)

Fund Overview Growth | Regular Plan

Fund House
ICICI Prudential Mutual Fund
Launch Date
27-Sep-2002
Benchmark
NIFTY Low Duration Debt Index
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
250
Minimum SWP Investment (₹)
0
52 Week Low Nav (₹)
357.79
52 Week Low Nav Date
26-Mar-2019
52 Week High Nav (₹)
387.07
52 Week High Nav Date
05-Mar-2020

Fund 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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
ICICI Prudential Savings Fund - Growth	-18.71	-0.30	6.45	7.02	7.73	7.94
NIFTY Low Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
ICICI Prudential Savings Fund - Growth	Sep 27, 2002	6.45	7.02	7.73	0.50	22,150.12
HDFC Low Duration Fund- Retail Growth	Nov 18, 1999	6.18	6.50	7.08	1.04	15,956.97
Aditya Birla Sun Life Low Duration Fund - Growth Plan	May 14, 1998	5.87	6.62	7.20	1.22	12,150.50
SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH	Jul 26, 2007	6.35	6.94	7.46	1.05	9,831.81
Kotak Low Duration Fund- Regular Plan-Growth Option	Mar 06, 2008	6.21	6.98	7.75	1.07	7,264.72
IDFC Low Duration Fund -Regular Plan- Growth	Jan 17, 2006	6.49	6.98	7.63	0.48	6,221.89

Fund Holdings as on 29-February-2020

Company % Assets
State Bank Of India **
4.43
TREPS
4.06
Small Industries Development Bank Of India **
2.70
Rural Electrification Corporation Ltd. **
2.60
Power Finance Corporation Ltd. **
2.51
63 Days CMB
2.45
LIC Housing Finance Ltd. **
2.06
Net Current Assets
2.02
Larsen & Toubro Ltd. **
2.02
HDFC Ltd.
1.93
National Housing Bank **
1.70
NABARD **
1.61
70 Days CMB
1.58
Bharti Telecom Ltd.
1.53
Reliance Industries Ltd. **
1.50
Reliance Industries Ltd.
1.50
Pipeline Infrastructure Pvt Ltd. **
1.37
Tata Capital Housing Finance Ltd. **
1.36
Bharti Telecom Ltd. **
1.36
Bharti Airtel Ltd. **
1.36
IndusInd Bank Ltd. **
1.32
Bharti Telecom Ltd. **
1.25
Government Securities
1.20
Aditya Birla Fashion and Retail Ltd. **
1.18
Vedanta Ltd. **
1.13
HDFC Ltd. **
1.13
LIC Housing Finance Ltd. **
1.12
Axis Bank Ltd. **
1.09
LIC Housing Finance Ltd. **
1.03
Bharti Telecom Ltd.
0.93
Grasim Industries Ltd. **
0.92
Government Securities
0.91
Government Securities
0.91
LIC Housing Finance Ltd. **
0.90
HDFC Bank Ltd. **
0.90
IDFC First Bank Ltd. **
0.89
Vedanta Ltd. **
0.87
IndusInd Bank Ltd. **
0.85
John Deere Financial India Pvt. Ltd. **
0.81
Government Securities
0.81
HDFC Ltd.
0.79
LIC Housing Finance Ltd. **
0.78
NABHA Power Ltd. **
0.77
LIC Housing Finance Ltd. **
0.76
Axis Bank Ltd. **
0.76
State Bank Of India **
0.75
HDFC Ltd.
0.69
Mahindra & Mahindra Financial Services Ltd. **
0.69
Rural Electrification Corporation Ltd.
0.68
Ultratech Cement Ltd. **
0.68
Reliance Industries Ltd. **
0.68
Grasim Industries Ltd. **
0.68
Axis Bank Ltd. **
0.67
NABARD **
0.67
Daimler Financial Services India Pvt. Ltd. **
0.66
Axis Bank Ltd. **
0.64
Housing and Urban Development Corporation Ltd. **
0.62
Axis Bank Ltd. **
0.61
Grasim Industries Ltd. **
0.60
HDFC Ltd.
0.59
HDFC Ltd.
0.57
Rural Electrification Corporation Ltd. **
0.56
IDFC First Bank Ltd. **
0.56
India Grid Trust **
0.55
Tata Motors Ltd. **
0.54
Small Industries Development Bank Of India **
0.54
Reliance Industries Ltd. **
0.48
Government Securities
0.48
Government Securities
0.47
Alembic Pharmaceuticals Ltd. **
0.46
Small Industries Development Bank Of India **
0.46
Vedanta Ltd. **
0.45
Vedanta Ltd. **
0.45
Reliance Industries Ltd. **
0.45
IndusInd Bank Ltd. **
0.45
Punjab National Bank **
0.45
Trent Ltd. **
0.45
Fullerton India Credit Company Ltd. **
0.44
HDFC Ltd. **
0.43
NABARD **
0.43
NABARD **
0.41
State Bank Of India **
0.41
State Government of Rajasthan
0.38
Government Securities
0.37
Rural Electrification Corporation Ltd. **
0.37
Rural Electrification Corporation Ltd. **
0.35
Axis Bank Ltd. **
0.34
Power Finance Corporation Ltd.
0.34
Vedanta Ltd. **
0.34
LIC Housing Finance Ltd. **
0.34
Vardhman Textiles Ltd. **
0.34
IndusInd Bank Ltd. **
0.32
Zydus Wellness Ltd. **
0.26
Zydus Wellness Ltd. **
0.26
Zydus Wellness Ltd. **
0.26
HDFC Ltd. **
0.25
Indian Railway Finance Corporation Ltd. **
0.25
Sikka Ports & Terminals Ltd. **
0.23
Reliance Industries Ltd. **
0.23
HDFC Ltd. **
0.23
LIC Housing Finance Ltd. **
0.23
LIC Housing Finance Ltd. **
0.23
Power Finance Corporation Ltd. **
0.23
HDFC Ltd. **
0.23
Volkswagen Finance Pvt. Ltd. **
0.23
Volkswagen Finance Pvt. Ltd. **
0.23
Tata Sons Ltd. **
0.23
LIC Housing Finance Ltd. **
0.23
Housing and Urban Development Corporation Ltd. **
0.23
Rural Electrification Corporation Ltd. **
0.23
NABARD **
0.23
Axis Bank Ltd. **
0.22
NABARD **
0.22
Axis Bank Ltd. **
0.22
IndusInd Bank Ltd. **
0.21
Government Securities
0.19
Reliable Devices Trust 05 **
0.17
Reliable Devices Trust 06 **
0.17
Reliable Devices Trust 07 **
0.17
Reliable Devices Trust 08 **
0.17
Reliable Devices Trust 10 **
0.16
Reliable Devices Trust 09 **
0.16
Sundaram Finance Ltd. **
0.16
Reliable Devices Trust 11 **
0.16
Government Securities
0.16
364 Days Treasury Bills
0.16
Reliable Devices Trust 12 **
0.16
Reliance Jio Infocomm Ltd. **
0.14
HDFC Ltd. **
0.14
NABHA Power Ltd. **
0.14
CLP Wind Farms (India) Pvt. Ltd. **
0.13
LIC Housing Finance Ltd. **
0.12
HDFC Ltd.
0.12
NABARD **
0.12
Reliance Jio Infocomm Ltd. **
0.12
Small Industries Development Bank Of India **
0.12
Power Finance Corporation Ltd. **
0.11
Rural Electrification Corporation Ltd. **
0.11
LIC Housing Finance Ltd. **
0.11
HDFC Ltd.
0.11
NABARD **
0.11
Volkswagen Finance Pvt. Ltd. **
0.11
SBI Cards & Payment Services Pvt. Ltd. **
0.11
Oriental Bank Of Commerce **
0.11
Bank Of Baroda **
0.11
Small Industries Development Bank Of India **
0.11
Government Securities
0.09
Power Finance Corporation Ltd. **
0.09
Tata Sons Ltd. **
0.05
Housing and Urban Development Corporation Ltd.
0.05
Government Securities
0.05
Power Finance Corporation Ltd. **
0.05
Rural Electrification Corporation Ltd. **
0.05
Power Finance Corporation Ltd.
0.05
State Government of Rajasthan
0.03
State Government of Haryana
0.03
NABARD **
0.02
LIC Housing Finance Ltd. **
0.02
Power Finance Corporation Ltd. **
0.02
Power Finance Corporation Ltd. **
0.02
State Government of Jammu & Kashmir
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 1 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 18 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 6 **
0.01
State Government of Telangana
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 10 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 13 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 14 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 15 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 17 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 19 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 20 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 2 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 3 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 4 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 5 **
0.01
NABARD **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 7 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 8 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 9 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 11 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 12 **
0.01
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 16 **
0.01
NABHA Power Ltd. **
0.01
HDB Financial Services Ltd. **
0.01
Housing and Urban Development Corporation Ltd. **
0.01
LIC Housing Finance Ltd. **
0.01
Hindustan Petroleum Corporation Ltd. **
0.00
State Government of Maharashtra
0.00
State Government of Kerala
0.00
Government Securities
0.00
State Government of Rajasthan
0.00
State Government of Gujarat
0.00

Sector Holding%
Miscellaneous
60.67

About ICICI Prudential Savings Fund

Scheme Analysis

ICICI Prudential Savings Fund is a Debt - Low Duration Fund fund and belongs to ICICI Prudential Mutual Fund. It was launched on 27-Sep-2002 and currently has an AUM of ₹22,150.12 crore. ICICI Prudential Savings Fund is benchmarked against NIFTY Low Duration Debt Index as primary index.

The NAV of ICICI Prudential Savings Fund ended up ₹5.91(1.55%)yesterday to ₹386.8457.

Among its top 3 holdings the fund has exposure to State Bank Of India **, and

The ICICI Prudential Savings Fund is managed by Rahul Goswami and Rohan Maru.

Fund House Contact

Address:

One BKC, A - Wing 13th Floor, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051

Phone Number: +91 (22) 2652 5000

Email Address: enquiry@icicipruamc.com

Fax Number: +91 (22) 2652 8100

Website: www.icicipruamc.com

Fund Manager

Rahul Goswami

Education:B.Sc, MBA
Experience:17 years
Basic Details:Mr. Rahul Goswami has an overall work experience of around over 17 years. In his previous role with Standard Chartered Bank, he was a Senior Rates Trader & Head of Primary Dealership Desk. Besides Standard Chartered Bank he has worked with various other organizations like Franklin Templeton, UTI Bank, SMIFS Securities, Khandwala Finance Ltd and RR Financial Consultants.
Funds Managed:
ICICI Prudential Banking & PSU Debt Fund
ICICI Prudential Constant Maturity Gilt Fund
ICICI Prudential Corporate Bond Fund
ICICI Prudential Floating Interest Fund
ICICI Prudential Gilt Fund
ICICI Prudential Liquid Fund
ICICI Prudential Money Market Fund
ICICI Prudential Overnight Fund
ICICI Prudential Overnight Fund
ICICI Prudential Savings Fund

Rohan Maru

Education:MBA (Finance), MCOM
Experience:10 Years
Basic Details:Mr. Rohan Maru is associated with ICICI Prudential AMC from November 2012. Ealier he has worked with Kotak Mahindra AMC and Integreon managed solutions.
Funds Managed:
ICICI Prudential Global Stable Equity Fund (FOF)
ICICI Prudential Liquid ETF
ICICI Prudential Liquid Fund
ICICI Prudential Overnight Fund
ICICI Prudential Overnight Fund
ICICI Prudential Savings Fund
ICICI Prudential US Bluechip Equity Fund

Holding Type Holding %
CARE A1+
3.83
CARE AAA
3.50
Cash
6.08
CRISIL A1+
15.16
CRISIL AA
5.78
CRISIL AA+
8.15
CRISIL AAA
38.22
CRISIL AAA(CE)
0.14
CRISIL AAA(SO)
0.20
FITCH A1+
1.01
FITCH AA
0.13
FITCH AAA
2.96
ICRA A1+
1.45
ICRA AAA
1.68
ICRA AAA(CE)
0.14
ICRA AAA(SO)
1.33
Sov
10.29

Financial Health Checkup

Money Simplified Videos

Infographics