Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential Credit Risk Fund

Holds 8 companies worth ₹578 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹6,320 CrICICI Prudential Credit Risk Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 0.2% on Aug 2026, ₹6,333 Cr.

  • Largest holding

    Embassy Office Parks ReitEmbassy Office Parks Reit is 3.3% of this scheme's NAV.

  • Fund manager

    Manish BanthiaRuns its co-manager part since 1 May 2023, as the fund house dates it. With Akhil Kakkar (co-manager).

Overview(6 Jan 2026)

Fund managers2

  1. Manish BanthiaCo-manager · May 2023 · 22y · MBA B.Com
  2. Akhil KakkarCo-manager · Jan 2024 · 18y · PGDM B.Tech

    Key facts

    Benchmark
    CRISIL Credit Risk Debt Index B-II
    Expense
    Regular 1.4% · Direct 0.76%
    Exit load
    10% within 1 year
    Started
    3 Dec 2010
    Minimum
    ₹100

    Source.Its Scheme Summary Document as of 6 Jan 2026 at AMFI.

    What changed(0 changes)

    Nothing has changed in its documents since Nov 2025.

    Source.Its filings at NSE, since Nov 2025.

    Fund managers over time(May 2023 – now)

    1. Manish Banthia
    2. Akhil Kakkar
    MainCoSlice202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Nov 2025 – Jan 2026)

    Every change to the expense ratio, newest first.
    1 filingRegularDirectΔ pt
    11 Nov 20251.40%0.76%–
    Direct plan, 11 Nov 2025
    0.76%
    Regular plan 1.40% · Exit load 10% within 1 year
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(6 Jan 2026)

    Objective

    To generate income through investing predominantly in AA and below rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

    Risk, type and benchmark

    At launch
    Moderately High
    Risk class
    C-III: relatively high credit risk, relatively high interest-rate risk
    Type
    Open Ended
    Benchmark
    CRISIL Credit Risk Debt Index B-II

    Asset allocation it may hold% of NAV

    1. Debt & Money market instruments
      Allowed0–100%Holds90.9%
    2. Units issued by InvITs
      Allowed0–100%Holds4.8%

    Holds in Sept 2026.4.4% equity · 90.9% debt and cash · 4.8% REITs and InvITs

    How to invest(6 Jan 2026)

    Buying

    To start
    ₹100, then in multiples of ₹1
    To add
    ₹100, then in multiples of ₹1
    SIP how often
    Daily,Weekly,Fortnightly,Monthly,Quarterly
    SIP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
    SIP minimum
    Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 5,000, then re. 1/-
    SIP instalments
    Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4

    Selling and switching

    To redeem
    Any amount
    Switch minimum
    ₹100
    Switch multiples
    ₹100
    STP how often
    Daily,Weekly,Monthly,Fortnightly,Quarterly
    STP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Monthly = Any day* Quarterly = Any day* Fortnightly = 1st and 16th day of each month as applicable *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
    STP minimum
    Monthly, Weekly, Fortnightly,Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
    STP instalments
    Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4
    SWP how often
    Monthly,Quarterly, Half Yearly,Annual
    SWP dates
    Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
    SWP minimum
    Any amount, then re. 1
    SWP instalments
    Monthly,Quarterly, Half Yearly,Annual = 2

    Scheme details(6 Jan 2026)

    What it is

    Category
    Debt - Credit Risk Fund
    Offer
    15 Nov 2010 to 29 Nov 2010
    Started
    3 Dec 2010
    Reopened
    6 Dec 2010
    Plans
    ICICI Prudential Credit Risk Fund - Direct Plan - Growth · ICICI Prudential Credit Risk Fund - Direct Plan - IDCW - Quarterly · ICICI Prudential Credit Risk Fund - Growth · ICICI Prudential Credit Risk Fund - IDCW - Quarterly
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    Provisions for swing pricing have been added as as enabler
    Side-pocketing
    Provisions for Segregated Portfolio have been added as as enabler
    Custodian
    Citibank N.A., HDFC Bank Limited, HSBC and SBI-SG Global Securities Services Private Limited
    Auditor
    BSR & Co. LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    ICIC/O/D/CRF/10/10/0040