ICICI Prudential Gilt Fund
ICICI Prudential Mutual Fund · Gilt · Direct plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -1.1% | -0.5% |
| 3 months | -1.2% | -0.8% |
| 6 months | 3.5% | 3.8% |
| Year to date | 2.3% | 1.9% |
| 1 year | 3.4% | 2.3% |
| 3 years (CAGR) | 6.7% | 6.2% |
| 5 years (CAGR) | 6.3% | 5.6% |
| 7 years (CAGR) | 7.2% | 6.1% |
| 10 years (CAGR) | 7.3% | 6.8% |
| Since first NAV (CAGR) | 8.2% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.6% | 7.5% |
| 3Y rolling median | 8.5% | 7.5% |
| 3Y rolling worst | 5.3% | 4.1% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 8.4% | 7.7% |
| 5Y rolling worst | 6.3% | 5.3% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 3.1% | 3.9% |
| Sharpe ratio | 0.04 | -0.06 |
| Sortino ratio | 0.06 | -0.08 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −12.3% | −8.0% |
| Maximum drawdown, last 10Y | −6.8% | −4.9% |
| Maximum drawdown, last 5Y | −3.1% | −3.6% |
| Current drawdown | −2.2% | −1.6% |
| Recovery time of worst fall | 338 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
- 1Y +2.2% · 3Y +6.3% p.a. · 5Y +5.2% p.a. (index fund NAV, after costs)
- −2.2% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 1.11% a year and the Direct plan's 0.58%, a gap of 0.53%; over the last 3 years the Direct plan returned 0.56 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹13,20,448.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
| Fund manager | Role | Managing since |
|---|---|---|
| Manish Banthia | Comanage | 22 Jan 2024 |
| Raunak Surana | Comanage | 22 Jan 2024 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.58% | 0.50% |
| AUM, whole scheme (₹ crore) | 9,118 | 244 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 3.8% | 2.1% TRI |
| Return, 3 years (AMFI) | 6.8% | 6.3% TRI |
| Return, 5 years (AMFI) | 6.3% | 5.5% TRI |
| Month-ends above category median (3Y CAGR) | 81% | 44% median |
| Month-ends in category top quartile (3Y) | 64% | 20% median |
| 7Y rolling CAGR, median (monthly windows) | 8.5% | 7.9% median |
Official benchmark: Nifty All Duration G-Sec Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Gilt Direct plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 2.3% | n/a | – |
| 2025 | 7.3% | n/a | – |
| 2024 | 8.7% | n/a | – |
| 2023 | 8.8% | n/a | – |
| 2022 | 4.3% | n/a | – |
| 2021 | 4.4% | n/a | – |
| 2020 | 13.2% | n/a | – |
| 2019 | 11.4% | n/a | – |
| 2018 | 7.3% | n/a | – |
| 2017 | 2.7% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,22,016 | 3.1% |
| 3 years | ₹3,60,000 | ₹3,91,528 | 5.5% |
| 5 years | ₹6,00,000 | ₹7,07,058 | 6.5% |
| 10 years | ₹12,00,000 | ₹17,31,012 | 7.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Franklin India Medium to Long Term Fund | Medium to Long Duration | 0.96 | n/a |
| ICICI Prudential Dynamic Term Fund | Dynamic Bond | 0.95 | 7.5% |
| ICICI Prudential Medium to Long Term Fund | Medium to Long Duration | 0.94 | 7.0% |
| quant Gilt Fund | Gilt | 0.93 | 5.7% |
| Kotak Long Term Fund | Long Duration | 0.93 | n/a |
| Union Gilt Fund | Gilt | 0.92 | 4.9% |
- What is the latest NAV of ICICI Prudential Gilt Fund?
- The NAV of the Direct plan (growth option) was ₹115.7973 on 1 Oct 2026, as published by AMFI.
- Which category is ICICI Prudential Gilt Fund in?
- It is classified as Gilt in AMFI's daily NAV file. MFIC compares it with 24 Gilt schemes (Direct plans).
- What returns has ICICI Prudential Gilt Fund delivered?
- Over one year the NAV changed by 3.4%. The 3-year CAGR is 6.7% (category median 6.2%) and the 5-year CAGR is 6.3% (category median 5.6%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 8.5%, the lowest was 5.3%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in ICICI Prudential Gilt Fund's NAV?
- The largest peak-to-trough fall in its available history was 12.3%; within the last five years it was 3.1% (category median 3.6%).
- How volatile is ICICI Prudential Gilt Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 3.1%, which is below the Gilt category median of 3.9%.
- What would a monthly SIP in ICICI Prudential Gilt Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,07,058 on 1 Oct 2026, an annualised return (XIRR) of 6.5%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ICICI Prudential Gilt Fund?
- The total expense ratio of the Direct plan is 0.58% a year, as disclosed to AMFI (median of Gilt Direct plans: 0.50%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ICICI Prudential Gilt Fund?
- Assets under management of the whole scheme were ₹9,118 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ICICI Prudential Gilt Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of ICICI Prudential Gilt Fund and how has it compared?
- Its official benchmark is the Nifty All Duration G-Sec Index. Over 3 years AMFI reports a return of 6.8% for this plan against 6.3% for the benchmark total return index; over 5 years 6.3% against 5.5%. Past performance does not indicate future results.
- How often has ICICI Prudential Gilt Fund beaten its category?
- At 81% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Gilt schemes (Direct plans); it was in the top quarter at 64% of them. A typical scheme would show about 50%.
- Who manages ICICI Prudential Gilt Fund?
- According to its Scheme Summary Document, ICICI Prudential Gilt Fund is managed by Manish Banthia (since 22 Jan 2024), Raunak Surana (since 22 Jan 2024).
- What is the minimum investment in ICICI Prudential Gilt Fund?
- The minimum application amount is Rs. 5,000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 3.4% and the Regular plan's by 2.8%. The Regular plan includes the services of a distributor.
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.