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Axis Gilt Fund vs ICICI Prudential Gilt Fund

Axis Gilt Fund (Direct) and ICICI Prudential Gilt Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Gilt Fund schemes — see the best gilt mutual funds for the full ranking.

Head to head

NAVs as of 20 Aug 2026

Axis Gilt FundDirectICICI Prudential Gilt FundDirect2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 02 Jan 201320 Aug 2026, limited by Axis Gilt Fund. Every series is rebased to ₹100 at the start of this window.

View as table
Growth of ₹100, sampled across the common period
DateAxis Gilt FundICICI Prudential Gilt Fund
02 Jan 2013₹100.00₹100.00
21 Feb 2014₹100.71₹101.34
12 Apr 2015₹117.91₹122.94
31 May 2016₹128.18₹134.20
19 Jul 2017₹145.18₹158.78
07 Sep 2018₹144.64₹161.18
27 Oct 2019₹168.89₹182.41
15 Dec 2020₹193.02₹209.18
03 Feb 2022₹198.54₹214.38
25 Mar 2023₹208.69₹232.17
12 May 2024₹229.18₹255.45
01 Jul 2025₹255.49₹285.43
20 Aug 2026₹267.81₹302.04
Axis Gilt Fund, ICICI Prudential Gilt Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Gilt Fund median.
Metric
Axis · Direct
NAV ₹28.63
Moderate risk
★★★★★
ICICI Prudential · Direct
NAV ₹117.79
Moderate risk
★★★★★
Category median
Gilt Fund · 25 funds
+5.82%+6.26%Best in row+4.81%
+7.60%+7.66%+6.80%
+6.39%+7.13%Best in row+5.95%
+7.14%+7.72%Best in row+7.10%
+7.50%+8.45%Best in row+7.54%
+6.89%+7.49%Best in row
+7.90%+8.81%Best in row+7.92%
+7.74%+8.58%Best in row+7.81%
+7.83%+8.75%Best in row+8.08%
Risk
2.98%2.30%Best in row3.11%
0.370.51Best in row0.10
0.530.73Best in row0.14
-11.13%Best in row-12.31%-7.84%
0.46%Best in row0.58%0.50%
₹431.63Cr₹8,858Cr₹303.41Cr
Devang ShahManish Banthia
11.8%1.4%
13 rows carry the same value for every fund — show
Benchmark
Alpha
Beta
Upside capture
Downside capture
Exit load
None
Lock-in
None
Min SIP
₹1.00K
Min lumpsum
₹5.00K
Portfolio turnover
Inception
02 Jan 2013
Holdings
Top 10 weight

Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.

Frequently asked questions

Which fund has delivered higher returns — Axis Gilt Fund or ICICI Prudential Gilt Fund?

Over the last 3 years, ICICI Prudential Gilt Fund returned +7.66% CAGR against Axis Gilt Fund's +7.60%, computed from AMFI NAV history. Over 5 years: Axis Gilt Fund +6.39% vs ICICI Prudential Gilt Fund +7.13% CAGR. Past returns don't guarantee future performance.

Which fund is cheaper — Axis Gilt Fund or ICICI Prudential Gilt Fund?

Axis Gilt Fund has the lower expense ratio: Axis Gilt Fund charges 0.46% a year against ICICI Prudential Gilt Fund's 0.58%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.

Which fund is riskier — Axis Gilt Fund or ICICI Prudential Gilt Fund?

Axis Gilt Fund has shown higher volatility (+2.98% annualized vs ICICI Prudential Gilt Fund's +2.30%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Gilt Fund -2.96% vs ICICI Prudential Gilt Fund -2.65%.

Which fund manages more money — Axis Gilt Fund or ICICI Prudential Gilt Fund?

ICICI Prudential Gilt Fund is the larger fund: Axis Gilt Fund manages ₹431.63Cr against ICICI Prudential Gilt Fund's ₹8,858Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.

Are Axis Gilt Fund and ICICI Prudential Gilt Fund in the same category?

Yes — both are Gilt Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.

Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.