Morningstar: Mutual Fund Guide

ICICI Pru Medium Term Bond Investment Strategy ICICI Prudential Corporate Bond Fund was renamed as ICICI Prudential Medium Term Fund in 2018. Manish Banthia, who has been the comanager here since November 2016, now leads the fund. The investment team on the credit side is experienced and has a well organised structure with defined responsibilities. Manish Banthia emphasises security selection and portfolio construction over making substantial adjustments to the duration on a regular basis. The team prefers investing in stable companies having higher certainty of returns than targeting uncertain higher returns. Hence, fundamental research is the key to the investment process and combines qualitative aspects with quantitative analysis. The focus is on investing in companies that have strong management teams with proven track records, the financial strength of the promoter group, and good...