INF109K01EZ8
The ICICI Prudential Long Term Bond Fund is a debt mutual fund scheme that focuses on investing in long-term government securities and corporate bonds. ICICI Prudential Long Term Bond Fund - Growth is a debt mutual fund scheme from ICICI Prudential Mutual Fund. The sub-category of this fund is long duration.
The fund primarily aims to generate income through interest earnings from government securities and high-grade corporate bonds. ICICI Prudential Long Term Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent, Energy. Government(72.64%), Corporate(16.14%), Cash Equivalent(11.22%) as on April 2025
Key investment features include:
- Primary focus on government securities (over 72% allocation)
- Corporate bonds from quality issuers
- Long duration strategy for interest rate plays
- Modified Duration is 8.87 as on April 2025
- Yield to Maturity is 6.82 as on April 2025
The fund is managed by Manish Banthia. Manish Banthia is the fund manager of ICICI Prudential Long Term Bond Fund Direct Growth since 22 January 2024.
Manish Banthia brings extensive experience to fund management:
- Armed with nearly two decades of experience, Manish Banthia is currently overseeing ICICI Prudential Asset Management Company's entire debt fund strategy as its Chief Investment Officer (Fixed Income)
- Qualification: B.Com., A.C.A., MBA
- He is associated with ICICI Prudential Asset Management Company Limited since October 2005. Past Experience: ICICI Prudential Asset Management Company Limited - Fixed Income Investments - August 2007 to October 2009. ICICI Prudential Asset Management Company Limited- New Product Development - October 2005 to July 2007
- Manish Banthia, Fund Manager at ICICI Prudential Mutual Fund, manages 24 schemes with an AUM of ₹2,88,094 Cr
ICICI Prudential Mutual Fund was started as a joint venture between ICICI Bank and Prudential Plc of the United Kingdom (UK) in 1993. Prudential Plc is one of the largest companies in the financial services space in the UK.
Key details about ICICI Prudential AMC:
- ICICI Prudential Mutual Fund commenced operations after registering with SEBI, Securities and Exchange Board of India which is the capital market regulator in India
- ICICI Bank and Prudential Plc are the sponsors of ICICI Prudential Mutual Fund. It has ICICI Prudential Trust Limited as the Trustee
- ICICI Prudential Asset Management Company Limited Details · No. of schemes184 (as of recent data)
- Established track record in debt fund management
- Strong parentage with backing of ICICI Bank and Prudential Plc
This fund may be suitable for investors with specific risk and return expectations:
Consider investing if you:
- Seek steady income from debt securities
- Have moderate risk tolerance for interest rate fluctuations
- Want exposure to government securities for portfolio diversification
- Have investment horizon of 3+ years to ride out interest rate cycles
- Understand that ICICI Prudential Long Term Bond Fund Direct Plan Growth is rated Moderate risk
Key financial metrics (as of May 2025):
- ICICI Prudential Long Term Bond Fund - Growth has an Asset Under Management (AUM) of 1163.87 as on 2025-05-19
- The fund has an expense ratio of 0.95 for regular plan, 0.4 for direct plan
- The 1-year, 3-year and 5-year returns of this fund were 11.91, 8.96 and 5.65 respectively
- ICICI Prudential Long Term Bond Fund Direct Growth has given a CAGR return of 8.46% since inception
Investment minimums:
- The minimum investment required to start investing in ICICI Prudential Long Term Bond Fund is ₹5,000 for the lump sum option and ₹1,000 for the SIP (Systematic Investment Plan) option
Important considerations:
- Long duration funds are sensitive to interest rate changes
- Returns may be volatile in the short term
- Tax implications: debt fund taxation applies
- No lock-in period provides liquidity flexibility
What is today's NAV of ICICI Prudential Long Term Bond Fund?
The latest NAV varies by plan - ₹ 91.07 19 May. 2025 for regular plan and ₹98.8326 for direct plan. NAV is updated daily based on market movements.
What is the AUM of ICICI Prudential Long Term Bond Fund?
The fund has an Asset Under Management (AUM) of 1163.87 as on 2025-05-19. This represents the total value of assets managed by the fund.
What is the expense ratio of ICICI Prudential Long Term Bond Fund?
The fund has an expense ratio of 0.95 for regular plan and 0.4 for direct plan. Direct plans offer lower costs to investors.
What are the returns of ICICI Prudential Long Term Bond Fund since inception?
ICICI Prudential Long Term Bond Fund Direct Growth has given a CAGR return of 8.46% since inception. Past performance doesn't guarantee future returns.
What is the minimum SIP amount to invest in ICICI Prudential Long Term Bond Fund?
The min. SIP amount to invest in this scheme is ₹1000. You can start systematic investing with this amount monthly.
How do I invest in ICICI Prudential Long Term Bond Fund?
You can invest through Allvest platform by selecting the fund, choosing investment amount, and completing KYC requirements. Both lump sum and SIP options are available.
How to start a SIP in ICICI Prudential Long Term Bond Fund?
On Allvest, select SIP option, choose monthly frequency, set investment amount (minimum ₹1000), and provide bank mandate for automatic deductions.
How do I automate an SIP in ICICI Prudential Long Term Bond Fund?
Set up auto-debit mandate through Allvest platform by linking your bank account and authorizing automatic monthly transfers for seamless investing.
How can I withdraw/redeem my investment in ICICI Prudential Long Term Bond Fund?
Submit redemption request through Allvest platform specifying units or amount to redeem. Proceeds typically credited within 1-3 business days with no exit load.
Clients/Investors to abstain them from dealing in any schemes of unauthorised collective investments / portfolio management, indicative/ guaranteed/fixed returns / payments etc.
Sr. No
Name of KMP
Designation
Mobile Number
Email ID
2.
Mr. Amit Bansal
Designated Director /
Compliance Officer