ICICI Prudential Medium to Long Term Fund
- NAV as on 24 Sep 2026
- ₹42.12-0.24%1 day
- Return since launch
- 8.3%
- 52-week range
- ₹40.41 — ₹42.56
- AUM
- ₹2,048 Cr
ICICI Prudential Medium to Long Term Fund is a Medium to Long Duration debt fund from ICICI Prudential Mutual Fund with ₹2,048 Cr under management, launched in 2008. Over three years it has returned 5.6% a year, against 5.9% for its category. The expense ratio is 1.00% and the SEBI riskometer reading is Moderate.
Performance
ICICI Prudential Medium to Long Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.1% against +3.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.9% | +0.4 pts | 3.5% | 3.6% |
| 2Y | 4.5% | +0.6 pts | 3.9% | 4.0% |
| 3Y | 5.6% | −0.3 pts | 5.9% | 5.0% |
| 5Y | 6.2% | +1.1 pts | 5.1% | 5.4% |
| 7Y | 6.1% | +0.7 pts | 5.4% | 5.3% |
| 10Y | 6.4% | +0.9 pts | 5.5% | 5.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.6% | −0.2 pts | -0.4% | -0.4% |
| 3M | 0.1% | 0.0 pts | 0.1% | 0.1% |
| 6M | 3.0% | +0.3 pts | 2.7% | 2.8% |
| 1Y | 4.1% | +0.6 pts | 3.5% | 3.5% |
| 2Y | 5.5% | +0.9 pts | 4.6% | 4.5% |
| 3Y | 6.6% | +0.7 pts | 5.9% | 5.9% |
| 5Y | 5.8% | +0.7 pts | 5.1% | 4.9% |
| 7Y | 6.5% | +0.9 pts | 5.6% | 5.6% |
| 10Y | 6.5% | +1.0 pts | 5.5% | 5.7% |
Since launch (13 Aug 2008): 8.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.7% | +0.4 pts | 6.3% |
| 2024 | 8.5% | −0.4 pts | 9.0% |
| 2023 | 7.7% | +0.3 pts | 7.3% |
| 2022 | 3.1% | −0.3 pts | 3.4% |
| 2021 | 2.9% | −0.7 pts | 3.5% |
| 2020 | 11.5% | +0.7 pts | 10.8% |
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
1.00%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.85%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.15%
- Exit load
- Exit load of 0.25% if redeemed within 1 month.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Medium to Long Duration Debt A-III 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 | 0.41 | 0.13 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.55 | 0.19 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.50 | 2.63 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
ICICI Prudential Medium to Long Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt86.9%
- Other13.1%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 9.68% | ₹198 Cr | +1.12% | +2.21% | +1.69% |
| Others | Others | 8.68% | ₹178 Cr | +1.72% | +1.54% | +1.53% |
| HDFC Bank Ltd. | Financial | 7.53% | ₹154 Cr | +4.56% | +4.12% | +7.60% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 5.71% | ₹117 Cr | +4.43% | +4.07% | +4.20% |
| National Bank For Agriculture & Rural Development | Financial | 5.41% | ₹111 Cr | +0.12% | +0.11% | +0.11% |
| LIC Housing Finance Ltd. | Financial | 4.93% | ₹101 Cr | +3.78% | +3.45% | +3.57% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 3.64% | ₹74.51 Cr | +2.83% | +2.59% | +2.67% |
| Maharashtra State | Others | 3.43% | ₹70.35 Cr | +2.65% | +2.47% | +2.55% |
| Bajaj Housing Finance Ltd. | Financial | 2.46% | ₹50.29 Cr | +1.91% | — | — |
| Uttar Pradesh State | Others | 2.40% | ₹49.06 Cr | +1.84% | +1.70% | — |
| Telangana State | Financial | 2.16% | ₹44.24 Cr | +1.67% | +1.54% | — |
| Kerala State | Others | 1.85% | ₹37.81 Cr | +1.43% | +1.32% | +1.37% |
| Chhattisgarh State | Others | 1.31% | ₹26.83 Cr | +1.02% | +0.94% | +0.97% |
| Karnataka State | Others | 1.27% | ₹26.09 Cr | +0.98% | +0.90% | +0.93% |
| State Bank of India | Financial | 1.20% | ₹24.66 Cr | +0.94% | +0.86% | +0.88% |
| Madhya Pradesh State | Others | 1.20% | ₹24.64 Cr | +0.93% | +0.85% | +0.88% |
| Himachal Pradesh State | Others | 1.20% | ₹24.63 Cr | +0.93% | +0.85% | +0.88% |
| Rajasthan State | Others | 1.20% | ₹24.62 Cr | +0.93% | +0.85% | +0.88% |
| Mahindra Rural Housing Finance Ltd. | Financial | 0.96% | ₹19.72 Cr | +0.75% | +0.69% | — |
| Bihar State | Others | 0.82% | ₹16.87 Cr | +0.64% | +0.59% | — |
| Haryana State | Others | 0.60% | ₹12.34 Cr | +0.46% | +0.43% | +0.43% |
| Gujarat State | Construction | 0.52% | ₹10.58 Cr | +0.40% | +0.37% | — |
| Andhra Pradesh State | Financial | 0.36% | ₹7.37 Cr | +0.28% | +0.26% | — |
| West Bengal State | Others | 0.27% | ₹5.59 Cr | +0.21% | +0.19% | +0.20% |
| Power Finance Corporation Ltd. | Financial | 0.24% | ₹4.83 Cr | +0.18% | +0.17% | +0.18% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Summit Digitel Infrastructure Pvt. Ltd. | 5.94% | 5.71% | -0.23% |
| HDFC Bank Ltd. | 5.39% | 5.17% | -0.21% |
| Maharashtra State | 3.58% | 3.43% | -0.14% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 3.78% | 3.64% | -0.14% |
| Bajaj Housing Finance Ltd. | 2.57% | 2.46% | -0.12% |
| Uttar Pradesh State | 2.50% | 2.40% | -0.10% |
| Telangana State | 2.25% | 2.16% | -0.09% |
| Kerala State | 1.93% | 1.85% | -0.09% |
| LIC Housing Finance Ltd. | 2.52% | 2.44% | -0.08% |
| State Bank of India | 1.27% | 1.20% | -0.06% |
| Chhattisgarh State | 1.37% | 1.31% | -0.06% |
| Himachal Pradesh State | 1.25% | 1.20% | -0.05% |
| Karnataka State | 1.32% | 1.27% | -0.05% |
| Rajasthan State | 1.25% | 1.20% | -0.05% |
| Madhya Pradesh State | 1.25% | 1.20% | -0.04% |
| Bihar State | 0.86% | 0.82% | -0.04% |
| Mahindra Rural Housing Finance Ltd. | 1.00% | 0.96% | -0.03% |
| Haryana State | 0.63% | 0.60% | -0.02% |
| GOI | 0.74% | 0.72% | -0.02% |
| Gujarat State | 0.54% | 0.52% | -0.02% |
| Andhra Pradesh State | 0.38% | 0.36% | -0.02% |
| West Bengal State | 0.29% | 0.27% | -0.01% |
| Others | 0.46% | 0.45% | -0.01% |
| Power Finance Corporation Ltd. | 0.25% | 0.24% | -0.01% |
| National Bank For Agriculture & Rural Development | 0.05% | 0.05% | 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 | ₹673 Cr | 1.24% | 4.4% | 5.3% | 5.7% |
 SBI Medium to Long Term Fund | ₹2,046 Cr | 1.48% | 3.8% | 5.2% | 5.8% |
 Bandhan Medium to Long Term Fund | ₹429 Cr | 2.01% | 5.3% | 5.2% | 5.3% |
 LIC MF Medium to Long Term Fund | ₹175 Cr | 0.62% | 4.4% | 5.6% | 6.0% |
 Franklin India Medium to Long Term Fund | ₹42.36 Cr | 0.85% | 4.0% | — | — |
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 while maintaining the optimum balance of yield, safety and liquidity.
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.
- Ritesh LunawatMr. Lunawat is B.Com and Chartered Accountant.He has been Working with ICICI Prudential AMC Since September 2013.
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 months3.03% absolute | ₹60,000 | ₹61,818 | 3.03% | |
| 1 year4.13% annualised | ₹1,20,000 | ₹1,22,719 | 2.27% | |
| 3 years6.63% annualised | ₹3,60,000 | ₹3,99,284 | 10.91% | |
| 5 years5.79% annualised | ₹6,00,000 | ₹6,97,296 | 16.22% |
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.