ICICI Prudential Savings Fund vs Mahindra Manulife Low Duration Fund
ICICI Prudential Savings Fund (Direct) and Mahindra Manulife Low Duration 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 Low Duration Fund schemes — see the best low duration mutual funds for the full ranking.
Head to head
NAVs as of 20 Aug 2026
Growth of ₹100 (rebased over the selected window)
Common period 16 Feb 2017 – 20 Aug 2026, limited by Mahindra Manulife Low Duration Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | ICICI Prudential Savings Fund | Mahindra Manulife Low Duration Fund |
|---|---|---|
| 16 Feb 2017 | ₹100.00 | ₹100.00 |
| 02 Dec 2017 | ₹105.78 | ₹105.70 |
| 18 Sep 2018 | ₹111.27 | ₹111.36 |
| 04 Jul 2019 | ₹119.05 | ₹119.37 |
| 18 Apr 2020 | ₹126.09 | ₹126.75 |
| 02 Feb 2021 | ₹135.03 | ₹133.25 |
| 18 Nov 2021 | ₹140.05 | ₹137.87 |
| 03 Sep 2022 | ₹143.63 | ₹142.07 |
| 20 Jun 2023 | ₹151.98 | ₹149.89 |
| 04 Apr 2024 | ₹161.47 | ₹158.86 |
| 18 Jan 2025 | ₹171.26 | ₹168.61 |
| 04 Nov 2025 | ₹182.35 | ₹179.51 |
| 20 Aug 2026 | ₹191.53 | ₹188.59 |
| Metric | ICICI Prudential · Direct NAV ₹593.40 Low to Moderate risk ★★★★★ | Mahindra Manulife · Direct NAV ₹1,887.44 Low to Moderate risk ★★★☆☆ | Category median Low Duration Fund · 25 funds |
|---|---|---|---|
| +6.47% | +6.48% | +6.31% | |
| +6.69% | +6.64% | +6.57% | |
| +7.15% | — | +6.80% | |
| +7.75%Best in row | +6.90% | +7.19% | |
| +7.32% | +7.26% | — | |
| +7.57%Best in row | +6.68% | +7.23% | |
| +7.41%Best in row | +6.40% | +7.04% | |
| +7.50% | — | +7.14% | |
| Risk | |||
| 0.49% | 0.48% | 0.49% | |
| -1.62% | -0.99%Best in row | -1.36% | |
| 1.03% | 0.35%Best in row | 0.35% | |
| ₹29,481Cr | ₹548.25Cr | ₹1,734Cr | |
| Up to 1.00% | None | — | |
| ₹100 | ₹500 | — | |
| ₹5.00K | ₹1.00K | — | |
| 99% | — | 110% | |
| Darshil Dedhia | Rahul Pal · 9.5y | — | |
| 02 Jan 2013 | 16 Feb 2017 | — | |
| 61 | — | — | |
| 10.1% | — | — | |
| -0.6% | 7.1% | — | |
9 rows carry the same value for every fund — show
- 3Y return (CAGR)
- +7.52%
- Sharpe
- —
- Sortino
- —
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Lock-in
- None
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 — ICICI Prudential Savings Fund or Mahindra Manulife Low Duration Fund?
Over the last 3 years, ICICI Prudential Savings Fund returned +7.52% CAGR against Mahindra Manulife Low Duration Fund's +7.52%, computed from AMFI NAV history. Over 5 years: ICICI Prudential Savings Fund +6.69% vs Mahindra Manulife Low Duration Fund +6.64% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — ICICI Prudential Savings Fund or Mahindra Manulife Low Duration Fund?
Mahindra Manulife Low Duration Fund has the lower expense ratio: ICICI Prudential Savings Fund charges 1.03% a year against Mahindra Manulife Low Duration Fund's 0.35%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — ICICI Prudential Savings Fund or Mahindra Manulife Low Duration Fund?
ICICI Prudential Savings Fund has shown higher volatility (+0.49% annualized vs Mahindra Manulife Low Duration Fund's +0.48%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: ICICI Prudential Savings Fund -0.21% vs Mahindra Manulife Low Duration Fund -0.23%.
Which fund manages more money — ICICI Prudential Savings Fund or Mahindra Manulife Low Duration Fund?
ICICI Prudential Savings Fund is the larger fund: ICICI Prudential Savings Fund manages ₹29,481Cr against Mahindra Manulife Low Duration Fund's ₹548.25Cr 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 ICICI Prudential Savings Fund and Mahindra Manulife Low Duration Fund in the same category?
Yes — both are Low 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.