3 Year return
7.56%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹6387.09 Cr.
Expense Ratio
0.76% (inclusive of GST)
Exit Load
If units purchased or switched in from another scheme of the fund are redeemed or switched out upto 10% of the units (the limit) within 1 year from the date of allotment - Nil. 1.00% - if units purchased or switched in from another Scheme of the Fund are redeemed or switched out within 1 year from the date of allotment. Nil - If units purchased or switched in from another Scheme of the Fund are redeemed or switched out after 1 year from the date of allotment.
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
ICICI Prudential Mutual Fund Managers
MB
Manish Banthia
Fund Manager since Apr 2022
Fund House Details
ICICI Prudential Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Aditya Birla Sun Life Credit Risk Fund |
9.55% |
5 |
Baroda BNP Paribas Credit Risk Fund |
7.52% |
3.5 |
HDFC Credit Risk Debt Fund |
6.8% |
5 |
Schemes by ICICI Prudential Mutual Fund
List of mutual fund schemes by AMC
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Growth
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Reinvestment
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment
About ICICI Prudential Credit Risk Fund Direct Plan-Growth
The ICICI Prudential Credit Risk Fund Direct Plan-Growth is a unique Credit Risk mutual fund offering from the ICICI Prudential Mutual Fund family. While designed with an inclination towards preserving capital, its main objective is to generate income for its investors. The scheme comes with the added advantage of having no lock-in period, offering investors flexibility.
Investment Objective of the Scheme
The primary focus of ICICI Prudential Credit Risk Fund Direct Plan-Growth lies in income generation. It aims to achieve this by predominantly channelling its investments into corporate bonds rated AA and below. Yet, it remains committed to striking a balance between yield, safety, and liquidity. Potential investors should, however, be aware that like all mutual funds, the scheme's objectives are not backed by guarantees, and market risks are ever-present.
Key Features of The Fund
5-year return | 8.12% |
Expense Ratio | 0.76% |
Fund Manager | Manish Banthia |
Fund Size | ₹6387.09 Cr |
Risk Profile | Moderately High |
Is This Scheme Right for Me?
The ICICI Prudential Credit Risk Fund Direct Plan-Growth is specially tailored for high-risk appetite investors. It will suit those who are ready to endure the market's turbulence and have the resilience to face potential losses. A minimum holding period of 3 years is advisable to truly harness the potential of this fund. It's critical to note that this scheme is not a direct alternative to fixed deposits and should be treated as such. It is better suited for those with long-term portfolios, emphasising growth and income. However, talk to your financial advisor and do your own research before making a decision.
AMC Contact Details
Name | ICICI Prudential Mutual Fund |
Launch Date | June 1993 |
Addresss | One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051 |
Contact | 18002006000 91 22 2652 5000 |
enquiry@icicipruamc.com | |
Website | https://www.icicipruamc.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of ICICI Prudential Credit Risk Fund?
What is the AUM of ICICI Prudential Credit Risk Fund?
What is the expense ratio of ICICI Prudential Credit Risk Fund?
What are the returns of ICICI Prudential Credit Risk Fund since inception?
What is the minimum SIP amount to invest in ICICI Prudential Credit Risk Fund?
How do I invest in ICICI Prudential Credit Risk Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in ICICI Prudential Credit Risk Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in ICICI Prudential Credit Risk Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in ICICI Prudential Credit Risk Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.