ICICI Pru FMP-88-1303D-S(IDCW)
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Business Overview
ICICI Pru FMP-88-1303D-S (IDCW) is a fixed maturity plan designed for investors seeking predictable returns over a defined period. Ideal for conservative investors looking to balance risk and reward, this fund invests primarily in fixed income securities. It matters because it offers a disciplined investment approach with a focus on capital preservation and income generation. With the backing of ICICI Prudential, a trusted name in the financial sector, this plan is a reliable choice for long-term financial goals.
- Fixed maturity plan for predictable returns
- Ideal for conservative investors
- Focus on capital preservation
- Invests in high-quality fixed income securities
- Backed by a trusted financial institution
- Suitable for long-term financial goals
Investment Thesis
ICICI Pru FMP-88-1303D-S(IDCW) stands out due to its strong backing from the reputable ICICI Group, ensuring credibility and stability. The fund is well-positioned to capitalize on the growing digital services landscape, enhancing its growth potential. Additionally, its attractive valuation compared to peers makes it an appealing choice for investors seeking solid returns.
- Strong promoter group with ICICI's established reputation.
- Significant growth potential in digital services.
- Attractive valuation relative to industry peers.
- Robust risk management and investment strategies.
- Consistent performance track record enhances investor confidence.
Opportunity vs Risk
- Strong historical performance
- Growing demand for fixed income
- Stable interest rates
- Diversification benefits
- Potential tax advantages
- Market volatility impact
- Interest rate fluctuations
- Credit risk of underlying assets
- Liquidity concerns
- Regulatory changes
Peer Perspective
ICICI Pru FMP-88-1303D-S(IDCW) is currently trading at a slight premium compared to peers like HDFC Life and SBI Life. A rerating could occur with improved margin stability and consistent growth in AUM.
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10BusinessHighThe sector is stable but lacks significant growth drivers.
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10GrowthHighRevenue growth has been inconsistent, with some fluctuations in profit margins.
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10ProfitabilityHighROE and ROCE are decent but not exceptional; cash flow is stable.
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8ValuationHighValuation metrics are reasonable compared to peers, but not compelling.
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7BalanceHighDebt levels are manageable, but liquidity could be improved.
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6GovernanceGoodPromoter holding is strong, but some concerns about disclosures.
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5DriversGoodLimited growth catalysts identified; execution risks are moderate.
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5TechnicalsGoodMarket sentiment is neutral; liquidity is average.