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Axis Medium Term Fund vs ICICI Prudential Medium Term Fund

Axis Medium Term Fund (Direct) and ICICI Prudential Medium Term 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 09 Oct 2026

Axis Medium Term FundDirectICICI Prudential Medium Term FundDirect2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 24 Jan 2013 – 09 Oct 2026, limited by ICICI Prudential Medium Term 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 Fund
24 Jan 2013₹100.00₹100.00
17 Mar 2014₹106.34₹108.06
08 May 2015₹123.97₹123.69
29 Jun 2016₹137.64₹137.01
20 Aug 2017₹156.23₹154.85
11 Oct 2018₹166.63₹162.73
02 Dec 2019₹183.73₹181.55
22 Jan 2021₹205.23₹202.91
15 Mar 2022₹218.90₹216.57
07 May 2023₹234.97₹232.83
27 Jun 2024₹256.55₹253.00
18 Aug 2025₹284.74₹280.72
09 Oct 2026₹305.60₹303.77
Axis Medium Term Fund, ICICI Prudential Medium Term Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Medium Duration Fund median.
Metric
Axis · Direct
NAV ₹33.34
Moderate risk
★★★★★
ICICI Prudential · Direct
NAV ₹53.74
Moderate risk
★★★★★
Category median
Medium Duration Fund · 12 funds
+5.93%+6.36%Best in row+5.71%
+8.42%+8.47%+7.75%
+7.27%+7.34%+6.75%
+7.71%+7.79%+7.40%
+8.50%+8.44%+7.82%
+7.77%+7.94%Best in row—
+8.60%Best in row+8.44%+8.02%
+8.39%Best in row+8.26%+7.69%
+8.50%Best in row+8.36%+8.04%
Risk
1.18%1.23%1.23%
1.631.601.02
2.47Best in row2.401.51
-7.33%-5.14%-5.24%
0.71%Best in row0.73%0.70%
—₹5,447Cr₹1,268Cr
NoneUp to 1.00%—
₹100₹1.00K—
₹100₹5.00K—
Devang Shah · 13.9yManish Banthia · 9.9y—
08 Jan 201324 Jan 2013—
8——
3.5%——
2.5%5.8%—
7 rows carry the same value for every fund — show
Benchmark
—
Alpha
—
Beta
—
Upside capture
—
Downside capture
—
Lock-in
None
Portfolio turnover
—

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 Fund?

Over the last 3 years, ICICI Prudential Medium Term Fund returned +8.47% CAGR against Axis Medium Term Fund's +8.42%, computed from AMFI NAV history. Over 5 years: Axis Medium Term Fund +7.27% vs ICICI Prudential Medium Term Fund +7.34% CAGR. Past returns don't guarantee future performance.

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

Axis Medium Term Fund has the lower expense ratio: Axis Medium Term Fund charges 0.71% a year against ICICI Prudential Medium Term 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 Fund?

ICICI Prudential Medium Term Fund has shown higher volatility (+1.23% annualized vs Axis Medium Term Fund's +1.18%), 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 Fund -0.57%.

Are Axis Medium Term Fund and ICICI Prudential Medium Term 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.