ICICI Pru Nifty G-Sec Dec 2030 Index Fund(A-IDCW)
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Business Overview
The ICICI Pru Nifty G-Sec Dec 2030 Index Fund (A-IDCW) is a mutual fund designed for investors seeking stable returns through government securities. This fund is ideal for conservative investors looking to diversify their portfolio with low-risk assets. It tracks the Nifty G-Sec Dec 2030 Index, ensuring transparency and consistency in performance. With a focus on capital preservation, it offers a reliable option for long-term wealth creation.
- Invests in government securities for stability
- Ideal for conservative and risk-averse investors
- Tracks a well-established index for transparency
- Focus on capital preservation and long-term growth
- Offers regular income through IDCW option
Investment Thesis
ICICI Pru Nifty G-Sec Dec 2030 Index Fund (A-IDCW) stands out due to its strong backing from the ICICI Group, a trusted name in finance. The fund is well-positioned to benefit from the growing digital services landscape and offers attractive valuations compared to its peers, making it a compelling choice for long-term investors.
- Strong credibility from the reputable ICICI Group.
- Significant growth potential in digital services.
- Attractive valuation compared to competing funds.
- Focus on government securities aligns with risk-averse investors.
- Long-term investment horizon with a target maturity in 2030.
Opportunity vs Risk
- Long-term capital appreciation potential
- Stable interest income
- Diversification in fixed income
- Exposure to government securities
- Interest rate fluctuations
- Inflation impact on returns
- Market volatility
- Liquidity concerns in fund redemption
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10BusinessHighThe fund is invested in government securities, which are stable but lack high growth potential.
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10GrowthHighConsistent growth in government securities but limited by macroeconomic factors.
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10ProfitabilityHighReturns are stable but lower compared to equities; OCF is consistent.
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10ValuationHighValuation metrics are not applicable as it is a fund rather than a stock.
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8BalanceHighStrong balance sheet with low debt, but limited growth reserves.
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7GovernanceHighGood governance practices but promoter holding is not applicable.
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5DriversGoodLimited growth drivers; primarily influenced by interest rates.
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1TechnicalsLowLow liquidity and momentum in the current market.