ICICI Prudential Bond Fund
ICICI Prudential Mutual Fund · Best Medium to Long Duration Mutual Funds
This is the Direct plan of ICICI Prudential Bond Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed monthly, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returns (+7.55% 3Y CAGR)NAV history
Scorecard
★★☆☆☆2/5 vs 30 Medium to Long Duration Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Medium to Long Duration Fund (same plan and option).
3Y CAGR -0.00% · ranks 28 of 30 Medium to Long Duration Funds
Volatility 3.4% vs 3.5% category avg
0.6% expense vs 0.8% category avg
47% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (0.59%) vs the Medium to Long Duration Fund average of 0.81%
Concerns
- Trails the Medium to Long Duration Fund average on 3M/6M/1Y — 1Y by 2.01pp
- 3-year return (-0.00%) trails the Medium to Long Duration Fund average (+4.11%)
- 5-year return (-0.04%) trails the Medium to Long Duration Fund average (+4.01%)
- Ranks #25 of 30 on 1-year return in its Medium to Long Duration Fund cohort
- Positive in only 47% of rolling 3-year windows
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Medium to Long Duration Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Medium to Long Duration Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.38% | +0.19% | +0.19% |
| 3M abs | +0.85% | +2.56% | -1.71% |
| 6M abs | +0.31% | +1.81% | -1.50% |
| 1Y CAGR | +1.13% | +3.14% | -2.01% |
| 3Y CAGR | -0.00% | +4.11% | -4.11% |
| 5Y CAGR | -0.04% | +4.01% | -4.05% |
Category average across peers in Medium to Long Duration Fund (up to 30 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 30 peers in Medium to Long Duration Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
151 overlapping 1Y windows, sampled monthly across the fund’s history.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into ICICI Prudential Bond Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | -0.21% | |
| 2025 | -0.02% | |
| 2024 | -0.58% | |
| 2023 | +0.74% | |
| 2022 | +0.49% | |
| 2021 | -0.47% | |
| 2020 | +0.44% | |
| 2019 | -0.41% | |
| 2018 | +0.64% | |
| 2017 | +0.67% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -11.5%27 May 2013 → 19 Aug 2013
Still below that high — 3 months down, and no recovery yet.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Fund size over time
Quarterly average AUM · AMFIDown +13% from its peak of ₹2,861Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
ICICI Prudential in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Debt funds
Debt funds lend money to governments and companies and earn interest. They're generally steadier than equity funds; their risk comes from interest-rate moves and, for some, the creditworthiness of borrowers.
Frequently asked questions
What is the NAV of ICICI Prudential Bond Fund?
As of 21 Aug 2026, the NAV of ICICI Prudential Bond Fund is ₹11.54 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has ICICI Prudential Bond Fund delivered?
ICICI Prudential Bond Fund has returned +1.13% over 1 year, -0.00% per year over 3 years, -0.04% per year over 5 years and -0.13% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of ICICI Prudential Bond Fund?
ICICI Prudential Bond Fund charges an expense ratio of 0.59% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of ICICI Prudential Bond Fund?
Its largest holdings are GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100 (9.3%), GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 (6.8%), SUMMIT DIGITEL INFRASTRUCTURE LIMITED 7.87 NCD 15MR30 FVRS1LAC (5.9%), HDFC BANK LIMITED SR Y005 6.83 NCD 08JN31 FVRS10LAC (5.4%) and PIPELINE INFRASTRUCTURE LIMITED SR 3 7.96 NCD 11MR29 FVRS1LAC (3.8%). Holdings are disclosed monthly and change over time.
How risky is ICICI Prudential Bond Fund?
It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.4% and its worst peak-to-trough fall in our sample was -11.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of -1.89 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Bond Fund's -1.89 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of ICICI Prudential Bond Fund?
ICICI Prudential Bond Fund is benchmarked against the CRISIL Medium to Long Duration Debt A-III Index. Its alpha and beta on this page are measured against that index.
Who manages ICICI Prudential Bond Fund?
ICICI Prudential Bond Fund is managed by Manish Banthia and Ritesh Lunawat at ICICI Prudential.
How is ICICI Prudential Bond Fund taxed?
ICICI Prudential Bond Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.