ICICI Prudential Gilt Fund
All plans and options of ICICI Prudential Gilt Fund
Direct–Growth is the plan and option we treat as this fund's main page, so search engines are pointed there. Everything below is this filing's own data.
This scheme has not published a NAV since 12 May 2015 — 11.5 years ago. It has most likely matured, merged or been wound up, so every figure below is a record of what it did up to that date, not a current price. Do not read it as a fund you can buy today.
Fund basics
How it compares in its category
Against the Gilt Funds Regular schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| ICICI Prudential 10 year Constant Maturity Gilt Fund ICICI Prudential Mutual Fund | -0.1% | — | — | 3.5% | -1.88 | -8.5% |
| ICICI Prudential 10 year Constant Maturity Gilt Fund ICICI Prudential Mutual Fund | -0.1% | — | — | 6.2% | -1.07 | -13.9% |
| ICICI Prudential 10 year Constant Maturity Gilt Fund ICICI Prudential Mutual Fund | 0.1% | — | — | 7.7% | -0.82 | -20.4% |
| ICICI Prudential 10 year Constant Maturity Gilt Fund ICICI Prudential Mutual Fund | -0.2% | — | — | 6.1% | -1.09 | -14.1% |
| ICICI Prudential 10 year Constant Maturity Gilt Fund ICICI Prudential Mutual Fund | 0.1% | — | — | 7.6% | -0.84 | -20.3% |
| ICICI Prudential 10 year Constant Maturity Gilt Fund ICICI Prudential Mutual Fund | -0.1% | — | — | 3.5% | -1.90 | -8.6% |
| ICICI Prudential Gilt Fund ICICI Prudential Mutual Fund | -0.5% | — | — | 4.6% | -1.53 | -8.6% |
| ICICI Prudential Gilt Fund ICICI Prudential Mutual Fund | 7.6% | — | — | 2.8% | 0.39 | -6.1% |
Alpha and beta are against the category index. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Gilt Funds scheme is
At least 80% in government securities.
No credit risk at all — the borrower is the Government of India. All of the movement is interest rates, and it can be considerable. Safe from default is not the same as steady.
Who it suits. Investors taking a deliberate view on interest rates with no credit risk.
How long money should stay. 3 to 5 years.
Questions people ask
What is the NAV of ICICI Prudential Gilt Fund — —?
₹10.0481 as on 12 May 2015, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of ICICI Prudential Gilt Fund?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance every year, so it compounds. As an illustration, not a forecast: ₹1,00,000 invested for ten years at 12% a year ends at about ₹3.11 lakh, but at 10.5% — a 1.5 percentage-point gap and nothing else changed — it ends at about ₹2.71 lakh, roughly ₹40,000 less. The longer you hold, the wider the gap. Direct is the same fund without the commission.
What does the option mean?
An IDCW option pays part of the fund's gains out to you, and the NAV falls by exactly what it pays. It is not extra return — it is your own money returned, taxed at your slab rate. That also means a return computed from NAV alone understates an IDCW scheme, which is why no CAGR is shown here for it.
What kind of scheme is this?
At least 80% in government securities. No credit risk at all — the borrower is the Government of India. All of the movement is interest rates, and it can be considerable. Safe from default is not the same as steady.
How long should money stay in it?
Typically 3 to 5 years. Investors taking a deliberate view on interest rates with no credit risk.