ICICI Prudential All Seasons Bond Fund

ICICI Prudential All Seasons Bonds Categories

ICICI Prudential All Seasons Bond Fund is available in four plan categories:

• Growth - Direct
• IDCW as and when - Direct
• Growth - Regular
• IDCW as and when - Regular

Direct plans are those in which people invest in mutual fund units directly from the Fund House. Regular plans are those in which people invest in mutual fund units through the distributor network. 

IDCW denotes Income Distribution cum Capital Withdrawal (Payout and Reinvestment Facility) Plan. The scheme offers weekly, quarterly, annual frequency, and flexible payout transfer facilities subject to sufficiency of distributable surplus per extant SEBI guidelines.

Investment Facts

Investment Objective

ICICI All Seasons Bond Fund aims to provide attractive returns to investors through investment in debt securities, including sovereign bonds, corporate debt, and money market instruments of various maturities based on the expected interest rate scenario. 

Fund Summary

1. ICICI All Seasons Bond Fund Direct Plan-Growth

   • Risk level-Low
   • NAV-Rs. 29.7993 as of 08.07.2021
   • Expense Ratio-0.66% (as on 31.05.2021)
   • Fund Started-01.01.2013

2. ICICI All Seasons Bond Fund Direct Plan IDCW 

   • Risk level- Low
   • NAV-Rs. 10.5407 as of 08.07.2021 (Weekly)
   • NAV-Rs. 11.7471 as of 08.07.2021 (Quarterly)
   • NAV-Rs. 11.4604 as of 08.07.2021 (Annual)
   • NAV-Rs. 20.7946 as of 08.07.2021 (As and When)
   • Expense Ratio-0.66% (as on 31.05.2021)
   • Fund Started-01.01.2013

3. ICICI All Seasons Bond Fund Regular Plan-Growth

   • Risk level- Low
   • NAV-Rs. 28.4016 as of 08.07.2021
   • Expense Ratio-1.45% (as on 31.05.2021)
   • Fund Started-04.05.2009

4. ICICI All Seasons Bond Fund Regular Plan IDCW 

   • Risk level- Low
   • NAV-Rs. 10.8446 as of 08.07.2021 (Weekly)
   • NAV-Rs. 11.4757 as of 08.07.2021 (Quarterly)
   • NAV-Rs. 11.4319 as of 08.07.2021 (Annual)
   • NAV-Rs. 19.1264 as of 08.07.2021 (As and When)
   • Expense Ratio-1.45% (as on 31.05.2021)
   • Fund Started-04.05.2009

Fund Managers

• Mr Anuj Tagra (since January 2015)
• Mr Manish Banthia (since September 2012)

Fund Returns Summary

1. ICICI All Seasons Bond Fund Direct Plan-Growth

   Period	Returns Per Year (Annualized)
   6 Months	2.26%
   1 year	6.59%
   2 years	9.65%
   3 years	10.06%
   5 years	9.57%
   Since Inception	10.71%

2. ICICI All Seasons Bond Fund Direct Plan IDCW (Annualized)

   Period	Weekly	Quarterly	Annual	As and When
   6 Months	2.25%	2.22%	2.26%	2.26%
   1 year	6.57%	6.33%	-5.44%	14.07%
   2 years	8.31%	8.29%	-2.01%	16.22%
   3 years	8.20%	8.07%	0.98%	15.05%
   5 years	4.80%	7.24%	2.56%	14.59%
   Since Inception	5.33%	8.19%	5.15%	14.65%

3. ICICI All Seasons Bond Fund Regular Plan-Growth

   Period	Returns Per Year (Annualized)
   6 Months	1.86%
   1 year	5.78%
   2 years	8.89%
   3 years	9.29%
   5 years	8.80%
   10 years	10.04%
   Since Inception	9.52%

4. ICICI All Seasons Bond Fund Regular Plan IDCW (Annualized)

   Period	Weekly	Quarterly	Annual	As and When
   6 Months	1.85%	1.83%	1.86%	1.86%
   1 year	5.76%	5.56%	-5.55%	13.37%
   2 years	7.70%	7.62%	-2.05%	15.51%
   3 years	7.63%	7.49%	0.95%	14.21%
   5 years	7.00%	6.69%	2.33%	11.71%
   10 years	7.83%	7.49%	4.62%	8.85%
   Since Inception	6.14%	7.35%	4.69%	8.67%

Summative Pros and Cons

Benefits of ICICI Prudential All Seasons Bond Fund

Some essential benefits of ICICI Prudential All Seasons Bond Fund are:

• Flexible Investment Allocation: Such funds can invest in short-duration securities when interest rates in the market rise. Similarly, they invest in long-duration securities when interest rates fall. This type of investment assists them in earning better returns from the movement of interest rates.
• Indexation Benefit: Investors, who tend to invest in the All Seasons Bond Fund for a tenure of 2-4 years, can reap the benefits of indexation. For taxation, the gains from the sale of such funds are taxed at 20% after the indexation benefit. Investors who want to invest in debt instruments but are paying tax at 30% can benefit from this.

Fund House Details

ICICI Prudential All Seasons Bond Fund is part of the Fund House, ICICI Prudential Mutual Fund - a Trust. SEBI registered ICICI Prudential Asset Management Company Limited (AMC) acts as the Investment Manager to all the Schemes of ICICI Prudential Mutual Fund. The Fund House supports 68 schemes with active Indian investors exceeding 60 lakhs.

The Fund House shareholders are:

• ICICI Bank: 51% holdings
• Prudential Plc: 49% holdings

Who Should Invest in ICICI Prudential All Seasons Bond Fund?

Funds such as ICICI Prudential All Seasons Bond Fund are suitable for investors who cannot take advantage of market interest rate fluctuations but wish to invest in the bond market. An All Seasons Bond Fund has to withstand credit risk and interest rate risk.

Hence, only investors who have the money to withstand the inherent risk in these funds may look at investing in them for 2-4 years tenure.

In Conclusion

ICICI Prudential All Seasons Bond Fund provides reasonable and stable returns to the investors. Its annualized returns for the last five years have been better than its NIFTY Composite Debt Index benchmark. Investors who wish to invest in the debt market for a midterm of two to four years can invest in the Fund.

FAQ's