ICICI Prudential Medium Term Fund
Medium DurationModerately HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹48.61-0.17%1 day
- Return since launch
- 7.4%
- 52-week range
- ₹45.60 — ₹48.74
- AUM
- ₹5,419 Cr
ICICI Prudential Medium Term Fund is a Medium Duration debt fund from ICICI Prudential Mutual Fund with ₹5,419 Cr under management, launched in 2004. Over three years it has returned 7.5% a year, against 7.1% for its category. The expense ratio is 1.36% and the SEBI riskometer reading is Moderately High.
Performance
ICICI Prudential Medium Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.5% against +5.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.4% | +1.3 pts | 5.1% | 5.7% |
| 2Y | 7.1% | +1.3 pts | 5.8% | 5.9% |
| 3Y | 7.5% | +0.4 pts | 7.1% | 6.5% |
| 5Y | 7.4% | +1.1 pts | 6.3% | 6.5% |
| 7Y | 7.2% | +0.5 pts | 6.7% | 6.3% |
| 10Y | 7.2% | +1.0 pts | 6.2% | 6.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.0% | +0.2 pts | -0.2% | 0.2% |
| 3M | 1.2% | +0.5 pts | 0.7% | 1.0% |
| 6M | 3.8% | +0.7 pts | 3.1% | 3.5% |
| 1Y | 6.5% | +1.4 pts | 5.1% | 5.4% |
| 2Y | 7.6% | +1.0 pts | 6.6% | 6.4% |
| 3Y | 7.7% | +0.6 pts | 7.1% | 7.0% |
| 5Y | 6.7% | +0.4 pts | 6.3% | 5.9% |
| 7Y | 7.4% | +1.1 pts | 6.2% | 6.3% |
| 10Y | 7.1% | +0.9 pts | 6.2% | 6.4% |
Since launch (24 Aug 2004): 7.4%
Calendar-year returns
Category average10.4%
5.5%
4.2%
7.0%
8.0%
9.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 9.0% | +0.5 pts | 8.5% |
| 2024 | 8.0% | −0.8 pts | 8.7% |
| 2023 | 7.0% | −0.4 pts | 7.4% |
| 2022 | 4.2% | −0.6 pts | 4.8% |
| 2021 | 5.5% | −0.7 pts | 6.2% |
| 2020 | 10.4% | +3.3 pts | 7.1% |
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
1.36%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.16%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.20%
- Exit load
- Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Medium Duration Debt Index A-III
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderately High
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity 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 | 1.29 | 1.24 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.00 | 2.09 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.44 | 1.74 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
ICICI Prudential Medium Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt88.5%
- Other11.5%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Embassy Office Parks REIT | Construction | 3.62% | ₹196 Cr | +3.75% | +3.56% | +3.24% |
| Others | Others | 3.43% | ₹186 Cr | +1.40% | +1.32% | +1.28% |
| Vedanta Ltd. | Metals & Mining | 3.15% | ₹171 Cr | +3.13% | +3.01% | +2.99% |
| JTPM Metal Traders Ltd. | Metals & Mining | 2.98% | ₹162 Cr | +2.90% | +2.76% | — |
| Tata Projects Ltd. | Construction | 2.77% | ₹150 Cr | +2.75% | +2.65% | +2.65% |
| Oberoi Realty Ltd. | Construction | 2.76% | ₹150 Cr | +2.75% | +2.66% | +2.68% |
| Siddhivinayak Securitisation Trust | Others | 2.74% | ₹149 Cr | +2.73% | +2.68% | — |
| GOI | Sovereign | 2.63% | ₹142 Cr | +3.32% | +3.28% | +3.27% |
| Adani Power Ltd. | Energy | 2.29% | ₹124 Cr | +2.28% | +1.49% | — |
| Godrej Properties Ltd. | Construction | 2.13% | ₹116 Cr | +4.61% | +4.47% | +5.37% |
| Capital Infra Trust | Construction | 2.11% | ₹114 Cr | +1.93% | +1.83% | +0.14% |
| TVS Credit Services Ltd. | Financial | 2.06% | ₹111 Cr | +2.05% | +2.00% | +1.99% |
| Torrent Power Ltd. | Energy | 1.95% | ₹106 Cr | +1.93% | +1.88% | +1.89% |
| 360 ONE Wealth Ltd. | Financial | 1.93% | ₹105 Cr | +1.83% | +0.88% | +2.64% |
| Muthoot Finance Ltd. | Financial | 1.85% | ₹100 Cr | +0.96% | — | — |
| Lodha Developers Ltd. | Construction | 1.85% | ₹100 Cr | +1.84% | +1.76% | +2.21% |
| Nuvama Wealth and Investment Limited | Financial | 1.85% | ₹100 Cr | +1.84% | +1.77% | +1.74% |
| GR Infraprojects Ltd. | Construction | 1.84% | ₹99.94 Cr | +1.83% | +1.76% | +1.77% |
| Truhome Finance Ltd. | Financial | 1.81% | ₹98.32 Cr | — | — | — |
| Cube Highways Trust | Services | 1.22% | ₹65.96 Cr | +1.15% | +1.03% | +0.97% |
| Raajmarg Infra Investment Trust | Construction | 1.19% | ₹64.64 Cr | +1.09% | — | — |
| Godrej Industries Ltd. | Consumer Staples | 1.14% | ₹61.65 Cr | — | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.02% | ₹55.50 Cr | +1.02% | +0.99% | +0.99% |
| Indostar Capital Finance Ltd. | Financial | 0.93% | ₹50.17 Cr | +0.93% | +0.89% | +0.89% |
| Nexus Select Trust | Construction | 0.92% | ₹50.02 Cr | +0.01% | +0.01% | +0.01% |
| Kalpataru Projects International Ltd. | Capital Goods | 0.92% | ₹49.87 Cr | +0.91% | +0.88% | +0.89% |
| LIC Housing Finance Ltd. | Financial | 0.91% | ₹49.45 Cr | +0.92% | +1.76% | +1.78% |
| Hampi Expressways Pvt Ltd. | Others | 0.91% | ₹49.23 Cr | +0.91% | +0.87% | +0.87% |
| Bharat Sanchar Nigam Ltd | Communication | 0.91% | ₹49.19 Cr | +0.90% | +0.88% | +0.88% |
| JM Financial Services Pvt. Ltd. | Financial | 0.91% | ₹49.15 Cr | +0.90% | +0.87% | — |
| L&T Metro Rail (Hyderabad) Ltd. | Construction | 0.90% | ₹48.89 Cr | +0.89% | +0.88% | +0.87% |
| Mahanagar Telephone Nigam Ltd. | Communication | 0.89% | ₹48.18 Cr | +0.88% | +0.86% | +0.85% |
| Brookfield India Real Estate Trust REIT | Construction | 0.86% | ₹46.66 Cr | +0.81% | +1.08% | +1.45% |
| Aavas Financiers Ltd. | Financial | 0.83% | ₹44.76 Cr | +0.82% | +0.79% | +0.80% |
| SIS Ltd. | Services | 0.69% | ₹37.50 Cr | +0.69% | +0.66% | +0.66% |
| Aptus Value Housing Finance India Ltd. | Financial | 0.59% | ₹32.10 Cr | +0.59% | +0.57% | +0.70% |
| Oriental Nagpur Betul Highway Ltd. | Construction | 0.55% | ₹29.90 Cr | +0.55% | +0.53% | +0.53% |
| Aadharshila Infratech Pvt. Ltd. | Construction | 0.55% | ₹29.57 Cr | — | — | — |
| Adani Enterprises Ltd. | Services | 0.47% | ₹25.22 Cr | +0.46% | +3.06% | — |
| Piramal Finance Ltd. | Financial | 0.46% | ₹25.11 Cr | +0.46% | +0.44% | +0.44% |
| Eris Lifesciences Ltd. | Healthcare | 0.46% | ₹25.04 Cr | +0.46% | +0.44% | +1.33% |
| Bahadur Chand Investments Pvt. Ltd. | Financial | 0.46% | ₹24.99 Cr | +0.46% | +0.44% | +0.44% |
| National Bank For Agriculture & Rural Development | Financial | 0.46% | ₹24.95 Cr | +0.46% | — | — |
| Rajasthan State | Others | 0.45% | ₹24.63 Cr | +0.45% | +0.44% | — |
| Chhattisgarh State | Others | 0.45% | ₹24.57 Cr | +0.25% | +0.24% | +0.24% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 0.45% | ₹24.37 Cr | +0.45% | +0.44% | +0.44% |
| company:442 | Financial | 0.45% | ₹24.31 Cr | — | — | — |
| Mindspace Business Parks REIT | Construction | 0.37% | ₹20.13 Cr | +0.39% | +0.39% | +0.40% |
| Telangana State | Financial | 0.37% | ₹20.05 Cr | +0.37% | +0.36% | — |
| Andhra Pradesh State | Financial | 0.34% | ₹18.42 Cr | +0.34% | +0.33% | — |
| Madhya Pradesh State | Others | 0.33% | ₹17.63 Cr | +0.32% | +0.31% | — |
| Odisha State | Financial | 0.28% | ₹15.43 Cr | +0.28% | +0.28% | — |
| Sheela Foam Ltd. | Consumer Discretionary | 0.28% | ₹15.01 Cr | +0.28% | +0.26% | +0.27% |
| Karnataka State | Others | 0.24% | ₹13.04 Cr | +0.24% | +0.20% | +0.23% |
| Phoenix ARC Pvt Ltd. | Diversified | 0.16% | ₹8.46 Cr | +0.16% | +0.15% | — |
| Godrej Seeds & Genetics Ltd. | Consumer Staples | 0.14% | ₹7.40 Cr | +0.14% | +0.13% | +0.13% |
| Haryana State | Others | 0.13% | ₹6.79 Cr | +0.12% | +0.12% | — |
| Maharashtra State | Others | 0.06% | ₹3.20 Cr | +0.06% | +0.04% | +0.34% |
| West Bengal State | Others | 0.05% | ₹2.79 Cr | +0.05% | +0.05% | +0.05% |
| REC Ltd. | Financial | 0.05% | ₹2.57 Cr | +0.02% | +0.02% | +0.02% |
| Uttar Pradesh State | Others | 0.02% | ₹1.05 Cr | +0.02% | +0.02% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Ess Kay Fincorp Ltd. | 0.55% | 0.00% | -0.55% |
| company:442 | 0.00% | 0.45% | +0.45% |
| Chhattisgarh State | 0.25% | 0.45% | +0.21% |
| Capital Infra Trust | 2.01% | 2.11% | +0.10% |
| Raajmarg Infra Investment Trust | 1.13% | 1.19% | +0.06% |
| Embassy Office Parks REIT | 3.58% | 3.62% | +0.05% |
| JTPM Metal Traders Ltd. | 2.94% | 2.98% | +0.04% |
| Vedanta Ltd. | 3.11% | 3.15% | +0.03% |
| Siddhivinayak Securitisation Trust | 2.71% | 2.74% | +0.03% |
| Tata Projects Ltd. | 2.74% | 2.77% | +0.03% |
| Mindspace Business Parks REIT | 0.40% | 0.37% | -0.03% |
| Adani Power Ltd. | 2.27% | 2.29% | +0.02% |
| GR Infraprojects Ltd. | 1.82% | 1.84% | +0.02% |
| Lodha Developers Ltd. | 1.83% | 1.85% | +0.02% |
| Nuvama Wealth and Investment Limited | 1.83% | 1.85% | +0.02% |
| Oberoi Realty Ltd. | 2.74% | 2.76% | +0.02% |
| Torrent Power Ltd. | 1.93% | 1.95% | +0.01% |
| TVS Credit Services Ltd. | 2.04% | 2.06% | +0.01% |
| Cube Highways Trust | 1.20% | 1.22% | +0.01% |
| Hampi Expressways Pvt Ltd. | 0.90% | 0.91% | +0.01% |
| Truhome Finance Ltd. | 1.80% | 1.81% | +0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 1.01% | 1.02% | +0.01% |
| Kalpataru Projects International Ltd. | 0.91% | 0.92% | +0.01% |
| Indostar Capital Finance Ltd. | 0.92% | 0.93% | +0.01% |
| Mahanagar Telephone Nigam Ltd. | 0.88% | 0.89% | +0.01% |
| Muthoot Finance Ltd. | 1.37% | 1.38% | +0.01% |
| SIS Ltd. | 0.68% | 0.69% | +0.01% |
| 360 ONE Wealth Ltd. | 0.91% | 0.92% | +0.01% |
| GOI | 2.62% | 2.63% | +0.01% |
| Godrej Properties Ltd. | 0.92% | 0.93% | +0.01% |
| Aptus Value Housing Finance India Ltd. | 0.59% | 0.59% | +0.01% |
| Oriental Nagpur Betul Highway Ltd. | 0.55% | 0.55% | +0.01% |
| JM Financial Services Pvt. Ltd. | 0.90% | 0.91% | +0.01% |
| Others | 0.35% | 0.36% | +0.01% |
| Adani Enterprises Ltd. | 0.46% | 0.47% | +0.01% |
| Bahadur Chand Investments Pvt. Ltd. | 0.46% | 0.46% | +0.01% |
| Piramal Finance Ltd. | 0.46% | 0.46% | +0.01% |
| LIC Housing Finance Ltd. | 0.46% | 0.46% | 0.00% |
| Eris Lifesciences Ltd. | 0.46% | 0.46% | 0.00% |
| Aadharshila Infratech Pvt. Ltd. | 0.54% | 0.55% | 0.00% |
| Aavas Financiers Ltd. | 0.82% | 0.83% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.46% | 0.46% | 0.00% |
| Sheela Foam Ltd. | 0.27% | 0.28% | 0.00% |
| Brookfield India Real Estate Trust REIT | 0.86% | 0.86% | 0.00% |
| Madhya Pradesh State | 0.32% | 0.33% | 0.00% |
| Bharat Sanchar Nigam Ltd | 0.91% | 0.91% | 0.00% |
| L&T Metro Rail (Hyderabad) Ltd. | 0.90% | 0.90% | 0.00% |
| Phoenix ARC Pvt Ltd. | 0.15% | 0.16% | 0.00% |
| Andhra Pradesh State | 0.34% | 0.34% | 0.00% |
| Jamnagar Utilities and Power Pvt. Ltd. | 0.45% | 0.45% | 0.00% |
| Karnataka State | 0.24% | 0.24% | 0.00% |
| Godrej Seeds & Genetics Ltd. | 0.14% | 0.14% | 0.00% |
| Godrej Industries Ltd. | 1.14% | 1.14% | 0.00% |
| Rajasthan State | 0.45% | 0.45% | 0.00% |
| Odisha State | 0.28% | 0.28% | 0.00% |
| Haryana State | 0.12% | 0.13% | 0.00% |
| Maharashtra State | 0.06% | 0.06% | 0.00% |
| West Bengal State | 0.05% | 0.05% | 0.00% |
| Telangana State | 0.37% | 0.37% | 0.00% |
| Nexus Select Trust | 0.00% | 0.00% | 0.00% |
| Uttar Pradesh State | 0.02% | 0.02% | 0.00% |
| REC Ltd. | 0.01% | 0.01% | 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 | ₹3,461 Cr | 1.44% | 6.2% | 7.7% | 7.9% |
 SBI Medium Term Fund | ₹6,489 Cr | 1.23% | 6.2% | 6.8% | 6.9% |
 Aditya Birla Sun Life Medium Term Fund | ₹3,319 Cr | 1.55% | 7.3% | 9.5% | 10.4% |
 Axis Medium Term Fund | ₹2,112 Cr | 1.33% | 5.7% | 7.1% | 7.2% |
 Kotak Medium Term Fund | ₹1,926 Cr | 1.63% | 5.6% | 7.2% | 7.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.
Fund managers
- Akhil KakkarMr. Kakkar is B.Tech (IIT Roorkee) and PGDM (Finance)Prior to Joining ICICI Prudential Mutual Fund he has worked with Kotak Mahindra Bank in Debt Capital Markets, SBI Capital Markets in Project Advisory & Structured Finance and Goldman Sachs Services Pvt Ltd as Analyst Developer.
- 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.
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 months3.80% absolute | ₹60,000 | ₹62,280 | 3.80% | |
| 1 year6.48% annualised | ₹1,20,000 | ₹1,24,297 | 3.58% | |
| 3 years7.71% annualised | ₹3,60,000 | ₹4,06,181 | 12.83% | |
| 5 years6.66% annualised | ₹6,00,000 | ₹7,13,602 | 18.93% |
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.
What is the NAV of ICICI Prudential Medium Term Fund?
The NAV of ICICI Prudential Medium Term Fund is ₹48.61 as on 24 Sep 2026.
What is the expense ratio of ICICI Prudential Medium Term Fund?
The expense ratio of ICICI Prudential Medium Term Fund is 1.36% per year.
What is the minimum SIP amount for ICICI Prudential Medium Term Fund?
You can start a SIP in ICICI Prudential Medium Term Fund with ₹3,000 a month.
What returns has ICICI Prudential Medium Term Fund given?
ICICI Prudential Medium Term Fund has returned 6.4% over 1 year, 7.5% over 3 years and 7.4% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Medium Term Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 365 days..
How risky is ICICI Prudential Medium Term Fund?
ICICI Prudential Medium Term Fund is rated Moderately High on the SEBI riskometer and belongs to the Medium Duration category.
Which fund house manages ICICI Prudential Medium Term Fund?
ICICI Prudential Medium Term Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹11,76,218 Cr under management.