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Axis Medium Term Fund vs ICICI Prudential Medium Term Bond Fund

Axis Medium Term Fund (Direct) and ICICI Prudential Medium Term Bond 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 Medium Duration Fund schemes — see the best medium duration mutual funds for the full ranking.

Head to head

NAVs as of 25 Aug 2026

Axis Medium Term FundDirectICICI Prudential Medium Term Bond FundDirect2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 24 Jan 201325 Aug 2026, limited by ICICI Prudential Medium Term Bond 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 Medium Term FundICICI Prudential Medium Term Bond Fund
24 Jan 2013₹100.00₹100.00
13 Mar 2014₹106.29₹108.08
01 May 2015₹124.70₹123.97
17 Jun 2016₹137.11₹136.58
05 Aug 2017₹155.79₹154.60
22 Sep 2018₹165.83₹162.46
10 Nov 2019₹181.78₹179.30
27 Dec 2020₹204.60₹202.23
13 Feb 2022₹218.46₹216.04
03 Apr 2023₹231.57₹229.85
20 May 2024₹253.84₹250.64
08 Jul 2025₹283.85₹279.77
25 Aug 2026₹305.74₹303.76
Axis Medium Term Fund, ICICI Prudential Medium Term Bond Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Medium Duration Fund median.
Metric
Axis · Direct
NAV ₹33.35
Moderate risk
★★★★★
ICICI Prudential · Direct
NAV ₹53.74
Moderate risk
★★★★★
Category median
Medium Duration Fund · 12 funds
+7.39%+8.22%Best in row+6.83%
+8.53%+8.59%+7.93%
+7.46%+7.51%+6.88%
+7.98%+8.00%+7.63%
+8.58%+8.52%+8.02%
+8.14%+8.29%Best in row
+8.60%Best in row+8.45%+7.99%
+8.40%Best in row+8.28%+7.71%
+8.53%Best in row+8.38%+8.06%
Risk
1.20%1.23%1.23%
2.562.551.74
-7.33%-5.14%Best in row-5.24%
0.72%0.73%0.71%
₹2,098Cr₹5,464Cr₹1,821Cr
NoneUp to 1.00%
₹100₹1.00K
₹100₹5.00K
Devang Shah · 13.7yManish Banthia
08 Jan 201324 Jan 2013
2.2%-1.6%
10 rows carry the same value for every fund — show
Sharpe
1.70
Benchmark
Alpha
Beta
Upside capture
Downside capture
Lock-in
None
Portfolio turnover
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 Medium Term Fund or ICICI Prudential Medium Term Bond Fund?

Over the last 3 years, ICICI Prudential Medium Term Bond Fund returned +8.59% CAGR against Axis Medium Term Fund's +8.53%, computed from AMFI NAV history. Over 5 years: Axis Medium Term Fund +7.46% vs ICICI Prudential Medium Term Bond Fund +7.51% CAGR. Past returns don't guarantee future performance.

Which fund is cheaper — Axis Medium Term Fund or ICICI Prudential Medium Term Bond Fund?

Axis Medium Term Fund has the lower expense ratio: Axis Medium Term Fund charges 0.72% a year against ICICI Prudential Medium Term Bond Fund's 0.73%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.

Which fund is riskier — Axis Medium Term Fund or ICICI Prudential Medium Term Bond Fund?

ICICI Prudential Medium Term Bond Fund has shown higher volatility (+1.23% annualized vs Axis Medium Term Fund's +1.20%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Medium Term Fund -0.66% vs ICICI Prudential Medium Term Bond Fund -0.57%.

Which fund manages more money — Axis Medium Term Fund or ICICI Prudential Medium Term Bond Fund?

ICICI Prudential Medium Term Bond Fund is the larger fund: Axis Medium Term Fund manages ₹2,098Cr against ICICI Prudential Medium Term Bond Fund's ₹5,464Cr 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 Medium Term Fund and ICICI Prudential Medium Term Bond Fund in the same category?

Yes — both are Medium Duration 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.