ICICI Prudential Gilt Fund
- NAV as on 25 Sep 2026
- ₹107.32-0.07%1 day
- Return since launch
- 9.1%
- 52-week range
- ₹102.83 — ₹109.25
- AUM
- ₹7,950 Cr
ICICI Prudential Gilt Fund is a Gilt debt fund from ICICI Prudential Mutual Fund with ₹7,950 Cr under management, launched in 1999. Over three years it has returned 5.3% a year, against 5.6% for its category. The expense ratio is 1.11% and the SEBI riskometer reading is Moderate.
Performance
ICICI Prudential Gilt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.5% against +2.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.2% | +0.4 pts | 2.8% | 3.1% |
| 2Y | 4.2% | +1.2 pts | 3.0% | 3.0% |
| 3Y | 5.3% | −0.2 pts | 5.6% | 4.3% |
| 5Y | 6.2% | +1.2 pts | 5.0% | 5.1% |
| 7Y | 6.2% | +1.0 pts | 5.1% | 5.1% |
| 10Y | 6.7% | +0.7 pts | 6.0% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.1% | −0.6 pts | -0.5% | -0.5% |
| 3M | -0.7% | −0.1 pts | -0.6% | -0.6% |
| 6M | 3.5% | 0.0 pts | 3.5% | 3.4% |
| 1Y | 3.5% | +0.7 pts | 2.8% | 2.8% |
| 2Y | 5.3% | +2.0 pts | 3.4% | 3.5% |
| 3Y | 6.3% | +0.8 pts | 5.6% | 5.7% |
| 5Y | 5.8% | +0.9 pts | 5.0% | 4.9% |
| 7Y | 6.8% | +1.2 pts | 5.6% | 5.5% |
| 10Y | 6.8% | +0.8 pts | 6.0% | 6.0% |
Since launch (21 Jul 1999): 9.1%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.8% | +1.7 pts | 5.0% |
| 2024 | 8.1% | −1.4 pts | 9.5% |
| 2023 | 8.3% | +0.7 pts | 7.5% |
| 2022 | 3.7% | +0.6 pts | 3.0% |
| 2021 | 3.8% | +0.9 pts | 2.9% |
| 2020 | 12.6% | +0.7 pts | 11.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.11%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.94%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.17%
- Exit load
- For amounts less than Rs. 1 crore, exit load of 1% if units are redeemed within 1 year from the date of allotment.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY All Duration G-Sec Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.31 | 0.19 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.38 | 0.27 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.90 | 3.54 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential Gilt Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt89.1%
- Other10.9%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 11.63% | ₹924 Cr | +3.81% | +5.22% | +1.13% |
| Others | Others | 4.57% | ₹363 Cr | -0.63% | +42.90% | +182.44% |
| Uttar Pradesh State | Others | 3.09% | ₹245 Cr | +2.81% | +2.47% | — |
| Telangana State | Financial | 2.71% | ₹215 Cr | +2.48% | +2.68% | +0.48% |
| Rajasthan State | Others | 2.47% | ₹196 Cr | +1.91% | +1.68% | +1.99% |
| Madhya Pradesh State | Others | 2.44% | ₹194 Cr | +2.22% | +1.95% | +2.30% |
| Himachal Pradesh State | Others | 1.24% | ₹98.52 Cr | +1.13% | +0.99% | +1.18% |
| Chhattisgarh State | Others | 1.01% | ₹80.48 Cr | +0.93% | +0.82% | +0.97% |
| Haryana State | Others | 0.93% | ₹74.03 Cr | +0.85% | +0.74% | +0.58% |
| Gujarat State | Construction | 0.67% | ₹52.91 Cr | +0.61% | +0.53% | — |
| Maharashtra State | Others | 0.64% | ₹51.03 Cr | +0.11% | +0.10% | +3.40% |
| Bihar State | Others | 0.64% | ₹50.62 Cr | +0.58% | +0.51% | — |
| Andhra Pradesh State | Financial | 0.46% | ₹36.84 Cr | +0.43% | +0.37% | — |
| West Bengal State | Others | 0.32% | ₹25.14 Cr | +0.29% | +0.25% | +0.30% |
| Odisha State | Financial | 0.19% | ₹15.43 Cr | +0.18% | +0.16% | — |
| Karnataka State | Others | 0.00% | ₹0.23 Cr | 0.00% | 0.00% | +0.85% |
| Tamilnadu State | Others | 0.00% | ₹0.05 Cr | 0.00% | 0.00% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -1.10% | 6.29% | +7.39% |
| Rajasthan State | 1.88% | 2.47% | +0.59% |
| Uttar Pradesh State | 2.79% | 3.09% | +0.30% |
| Telangana State | 2.44% | 2.71% | +0.27% |
| Madhya Pradesh State | 2.19% | 2.44% | +0.25% |
| GOI | 1.85% | 2.07% | +0.23% |
| Himachal Pradesh State | 1.12% | 1.24% | +0.12% |
| Chhattisgarh State | 0.92% | 1.01% | +0.10% |
| Haryana State | 0.84% | 0.93% | +0.09% |
| Gujarat State | 0.60% | 0.67% | +0.07% |
| Maharashtra State | 0.58% | 0.64% | +0.06% |
| Bihar State | 0.58% | 0.64% | +0.06% |
| Andhra Pradesh State | 0.42% | 0.46% | +0.04% |
| West Bengal State | 0.29% | 0.32% | +0.03% |
| Odisha State | 0.18% | 0.19% | +0.02% |
| Karnataka State | 0.00% | 0.00% | 0.00% |
| Tamilnadu State | 0.00% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,167 Cr | 1.02% | 4.8% | 5.4% | 5.9% |
 SBI Gilt Fund | ₹8,215 Cr | 0.98% | 4.2% | 4.9% | 5.8% |
 Bandhan Gilt Fund | ₹1,713 Cr | 1.17% | 7.4% | 6.4% | 6.5% |
 UTI Gilt Fund | ₹420 Cr | 0.85% | 4.2% | 5.3% | 5.9% |
 Axis Gilt Fund | ₹341 Cr | 0.86% | 3.9% | 5.3% | 6.0% |
 Franklin India Gilt Fund | ₹147 Cr | 1.22% | 4.5% | 5.3% | 5.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate steady and consistent return from a basket of government securities across various maturities through proactive fund management aimed at controlling Interest rate risk. The investment plan will invest in gilt including T-Bills with medium to long maturity, with average maturity of the portfolio normally not exceeding 8 years.
Fund managers
- Manish BanthiaMr. Banthia is B.Com, CA and MBAHe is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
- Raunak SuranaMr. Surana has done B.Com, CA and CFAPrior to joining ICICI Pru Mutual Fund, he has worked with Patni & Co.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.48% absolute | ₹60,000 | ₹62,088 | 3.48% | |
| 1 year3.50% annualised | ₹1,20,000 | ₹1,22,300 | 1.92% | |
| 3 years6.35% annualised | ₹3,60,000 | ₹3,97,520 | 10.42% | |
| 5 years5.85% annualised | ₹6,00,000 | ₹6,98,406 | 16.40% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.