ICICI Prudential Savings Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (05-Sep-24)
₹516.490.02%1D
Returns (Since Inception)
7.82%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹19,193 Cr
Expense Ratio
0.42%
ISIN
INF109K01O82
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
ICICI Prudential Savings Fund Direct Growth is a Low Duration mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 11 years, 8 months and 6 days, having been launched on 01-Jan-13.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹516.49, Assets Under Management (AUM) of 19193.04 Crores, and an expense ratio of 0.42%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹516.49, Assets Under Management (AUM) of 19193.04 Crores, and an expense ratio of 0.42%.
- ICICI Prudential Savings Fund Direct Growth has given a CAGR return of 7.82% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 68.54% in debts, and 31.18% in cash & cash equivalents.
- You can start investing in ICICI Prudential Savings Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.81%
+6.56% (Cat Avg.)
3 Years
+6.24%
+5.57% (Cat Avg.)
5 Years
+6.60%
+5.68% (Cat Avg.)
10 Years
+7.51%
+5.68% (Cat Avg.)
Since Inception
+7.82%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹13,155.66 Cr | 68.54% |
| Others | ₹6,037.37 Cr | 31.46% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹1,374.91 Cr | 7.16% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹673.9 Cr | 3.51% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹650.25 Cr | 3.39% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹649.28 Cr | 3.38% |
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹470.62 Cr | 2.45% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹432.55 Cr | 2.25% |
| Net Current Assets | Cash | ₹419.63 Cr | 2.19% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹397.63 Cr | 2.07% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹374.26 Cr | 1.95% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹351.6 Cr | 1.83% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹334.03 Cr | 1.74% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹329.15 Cr | 1.71% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹300.22 Cr | 1.56% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹299.52 Cr | 1.56% |
| Canara Bank | Bond - Gov't Agency Debt | ₹287.25 Cr | 1.50% |
| Nirma Limited | Bond - Corporate Bond | ₹275.61 Cr | 1.44% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹274.58 Cr | 1.43% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹250.18 Cr | 1.30% |
| Nirma Limited | Bond - Corporate Bond | ₹249.95 Cr | 1.30% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹241.32 Cr | 1.26% |
| Indian Bank | Bond - Gov't Agency Debt | ₹239.67 Cr | 1.25% |
| Export-Import Bank of India | Cash - CD/Time Deposit | ₹239.24 Cr | 1.25% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹225.89 Cr | 1.18% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹215.51 Cr | 1.12% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹210.47 Cr | 1.10% |
| SANSAR JUNE 2024 TRUST | Bond - Asset Backed | ₹201.34 Cr | 1.05% |
| Embassy Office Parks REIT | Bond - Corporate Bond | ₹200.58 Cr | 1.05% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹199.46 Cr | 1.04% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹199.37 Cr | 1.04% |
| Data Infrastructure Trust | Cash - Commercial Paper | ₹199.19 Cr | 1.04% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹195.85 Cr | 1.02% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹194.12 Cr | 1.01% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹192.56 Cr | 1.00% |
| Bank Of India | Cash - CD/Time Deposit | ₹192.36 Cr | 1.00% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹188.52 Cr | 0.98% |
| IDFC First Bank Limited | Bond - Corporate Bond | ₹174.88 Cr | 0.91% |
| Canara Bank | Cash - CD/Time Deposit | ₹169.06 Cr | 0.88% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹154.26 Cr | 0.80% |
| 07.52 GJ Sgs 2025 | Bond - Gov't/Treasury | ₹150.55 Cr | 0.78% |
| Aditya Birla Finance Limited | Bond - Corporate Bond | ₹149.83 Cr | 0.78% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹149.6 Cr | 0.78% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹149.55 Cr | 0.78% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹149.34 Cr | 0.78% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹149.19 Cr | 0.78% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹146.69 Cr | 0.76% |
| Canara Bank | Cash - CD/Time Deposit | ₹146.38 Cr | 0.76% |
| Sharekhan Limited | Cash - Commercial Paper | ₹145.97 Cr | 0.76% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹144.27 Cr | 0.75% |
| Canara Bank | Cash - CD/Time Deposit | ₹144.02 Cr | 0.75% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹143.65 Cr | 0.75% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹141.36 Cr | 0.74% |
| Pipeline Infrastructure Ltd. | Bond - Corporate Bond | ₹140.75 Cr | 0.73% |
| Torrent Power Limited | Bond - Corporate Bond | ₹136.23 Cr | 0.71% |
| Torrent Power Limited | Bond - Corporate Bond | ₹125.35 Cr | 0.65% |
| 182 DTB 12122024 | Bond - Gov't/Treasury | ₹122.36 Cr | 0.64% |
| Titan Company Limited | Bond - Corporate Bond | ₹120.14 Cr | 0.63% |
| Titan Company Limited | Bond - Corporate Bond | ₹120.1 Cr | 0.63% |
| Bahadur Chand Investments Private Limited | Bond - Corporate Bond | ₹109.09 Cr | 0.57% |
| Bahadur Chand Investments Private Limited | Bond - Corporate Bond | ₹108.58 Cr | 0.57% |
| Godrej Industries | Bond - Corporate Bond | ₹100.17 Cr | 0.52% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹100.08 Cr | 0.52% |
| Smfg India Credit Company Limited | Bond - Corporate Bond | ₹100.01 Cr | 0.52% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹99.93 Cr | 0.52% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹99.92 Cr | 0.52% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.54 Cr | 0.52% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹99.35 Cr | 0.52% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹98 Cr | 0.51% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹97.7 Cr | 0.51% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹96.61 Cr | 0.50% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹96.18 Cr | 0.50% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹96.14 Cr | 0.50% |
| Indian Bank | Cash - CD/Time Deposit | ₹95.92 Cr | 0.50% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹95.89 Cr | 0.50% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹92.43 Cr | 0.48% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹84.89 Cr | 0.44% |
| Data Infrastructure Trust | Bond - Corporate Bond | ₹84.77 Cr | 0.44% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹79.96 Cr | 0.42% |
| Treps | Cash - Repurchase Agreement | ₹76.63 Cr | 0.40% |
| 08.36 MH Sdl 2026 | Bond - Gov't/Treasury | ₹76.37 Cr | 0.40% |
| Nirma Limited | Bond - Corporate Bond | ₹75.48 Cr | 0.39% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹75.24 Cr | 0.39% |
| Sundaram Bnp Paribas Home Finance Limited | Bond - Corporate Bond | ₹74.99 Cr | 0.39% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹74.95 Cr | 0.39% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹74.81 Cr | 0.39% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹74.65 Cr | 0.39% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹74.43 Cr | 0.39% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹67.96 Cr | 0.35% |
| Citicorp Finance (India) Limited | Bond - Corporate Bond | ₹64.92 Cr | 0.34% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹64.63 Cr | 0.34% |
| Eris Lifesciences Limited | Bond - Corporate Bond | ₹64.53 Cr | 0.34% |
| Eris Lifesciences Limited | Bond - Corporate Bond | ₹60.58 Cr | 0.32% |
| SMFG India Cr Co.Ltd. | Bond - Corporate Bond | ₹59.91 Cr | 0.31% |
| Corporate Debt Market Development Fund (Class A2) | Mutual Fund - Open End | ₹53.44 Cr | 0.28% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹50.18 Cr | 0.26% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.14 Cr | 0.26% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹50 Cr | 0.26% |
| Citicorp Finance (India) Ltd. | Bond - Corporate Bond | ₹49.98 Cr | 0.26% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.82 Cr | 0.26% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.78 Cr | 0.26% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹49.49 Cr | 0.26% |
| 364 DTB 12122024 | Bond - Gov't/Treasury | ₹48.95 Cr | 0.26% |
| Toyota Financial Services India Limited | Cash - Commercial Paper | ₹48.29 Cr | 0.25% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹48.13 Cr | 0.25% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹48.13 Cr | 0.25% |
| Tmf Holdings Limited | Cash - Commercial Paper | ₹47.87 Cr | 0.25% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.75 Cr | 0.23% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.72 Cr | 0.23% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.69 Cr | 0.23% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.59 Cr | 0.23% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.5 Cr | 0.23% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.29 Cr | 0.23% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.16 Cr | 0.22% |
| Dme Development Limited | Bond - Corporate Bond | ₹42.99 Cr | 0.22% |
| Dme Development Limited | Bond - Corporate Bond | ₹42.74 Cr | 0.22% |
| Dme Development Limited | Bond - Corporate Bond | ₹42.66 Cr | 0.22% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹29.93 Cr | 0.16% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.97 Cr | 0.13% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.97 Cr | 0.13% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.9 Cr | 0.13% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.05 Cr | 0.13% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹15.01 Cr | 0.08% |
| Aditya Birla Fashion And Retail Limited | Bond - Corporate Bond | ₹14.97 Cr | 0.08% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹14.39 Cr | 0.07% |
| Sharekhan Limited | Cash - Commercial Paper | ₹11.67 Cr | 0.06% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹10.04 Cr | 0.05% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹9.87 Cr | 0.05% |
| Ntpc Limited | Bond - Corporate Bond | ₹5.04 Cr | 0.03% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹2.97 Cr | 0.02% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹2.91 Cr | 0.02% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹0.31 Cr | 0.00% |
| 5.15% Govt Stock 2025 | Bond - Gov't/Treasury | ₹0.24 Cr | 0.00% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹0.18 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹9,687.42 Cr | 50.47% |
| Cash - CD/Time Deposit | ₹4,714.34 Cr | 24.56% |
| Bond - Gov't/Treasury | ₹2,665.77 Cr | 13.89% |
| Cash - Commercial Paper | ₹745.51 Cr | 3.88% |
| Bond - Gov't Agency Debt | ₹623.06 Cr | 3.25% |
| Cash | ₹419.63 Cr | 2.19% |
| Bond - Asset Backed | ₹207.23 Cr | 1.08% |
| Cash - Repurchase Agreement | ₹76.63 Cr | 0.40% |
| Mutual Fund - Open End | ₹53.44 Cr | 0.28% |
Risk & Performance Ratios
Standard Deviation
This fund
0.95%
Cat. avg.
0.86%
Lower the better
Sharpe Ratio
This fund
0.38
Cat. avg.
-0.65
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
RM
Rohan Maru
Since September 2013
Darshil Dedhia
Since June 2023
Additional Scheme Detailsas of 15th August 2024
ISIN | INF109K01O82 | Expense Ratio | 0.42% | Exit Load | No Charges | Fund Size | ₹19,193 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Low Duration Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹555.40 Cr | 7.8% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹555.40 Cr | 6.9% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2719.06 Cr | 7.1% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹9391.43 Cr | 6.9% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹1021.27 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹17983.36 Cr | 7.2% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5879.14 Cr | 7.1% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹1002.41 Cr | 7.2% |
| ICICI Prudential Savings Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹19193.04 Cr | 7.7% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹379.61 Cr | 6.9% |
About the AMC
Total AUM
₹8,56,645 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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We're here to help.
What is the current NAV of ICICI Prudential Savings Fund Direct Growth?
The NAV of ICICI Prudential Savings Fund Direct Growth, as of 05-Sep-2024, is ₹516.49.
What are the returns of ICICI Prudential Savings Fund Direct Growth?
The fund has generated 7.81% over the last 1 year and 6.24% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of ICICI Prudential Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 68.54% in bonds, and 31.18% in cash and cash equivalents.
Who manages the ICICI Prudential Savings Fund Direct Growth?
The fund managers responsible for ICICI Prudential Savings Fund Direct Growth are:-
- Rohan Maru
- Darshil Dedhia
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.