DebtLong Term FundDirectGrowthModerate

ICICI Prudential Long Term Fund

Q: What is the NAV of ICICI Prudential Long Term Fund?

As of 01 Oct 2026, the NAV of ICICI Prudential Long Term Fund is ₹100.27 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Long Term Fund delivered?

ICICI Prudential Long Term Fund has returned +1.45% over 1 year, +6.36% per year over 3 years, +5.30% per year over 5 years and +7.64% 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.

Q: What is the expense ratio of ICICI Prudential Long Term Fund?

ICICI Prudential Long Term Fund charges an expense ratio of 0.43% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of ICICI Prudential Long Term Fund?

ICICI Prudential Long Term Fund's largest holdings are Government Securities (36.6%), Government Securities (13.6%), State Government of Maharashtra (8.5%), State Government of Maharashtra (5.7%) and State Government of Maharashtra (5.6%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Long Term Fund?

ICICI Prudential Long Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.2% and its worst peak-to-trough fall in our sample was -12.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Long Term Fund's -0.04 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of ICICI Prudential Long Term Fund?

ICICI Prudential Long Term Fund is benchmarked against the CRISIL Long Duration Debt Index A-III. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Long Term Fund?

ICICI Prudential Long Term Fund is managed by Manish Banthia and Raunak Surana at ICICI Prudential.

Q: How is ICICI Prudential Long Term Fund taxed?

ICICI Prudential Long Term 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.

ICICI Prudential Mutual Fund

NAV

₹100.27

-0.14% 1D

as of 01 Oct 2026

This is the Direct plan of ICICI Prudential Long Term Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+1.82%CAGR

52-week rangePrev NAV ₹100.42

Latest ₹100.27

Low ₹96.1961st percentile of its 52-week rangeHigh ₹102.87

Scorecard

★★★★☆4/5 vs 7 of 10 Long Term 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 Long Term Fund (same plan and option). 7 of the 10 Long Term Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceStrong

3Y CAGR +6.36% · ranks 2 of 7 Long Term Funds

RiskLow

Volatility 3.2% vs 3.9% category avg

CostHigh

0.4% expense vs 0.3% category avg

ConsistencyHigh

100% 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

Less volatile than its Long Term Fund peers (3.2% vs 3.9%)
Consistent — positive in 100% of rolling 3-year windows

Concerns

High expense ratio (0.43%) vs the Long Term Fund average of 0.29%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.43%

Category 0.29%▲0.14%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

-0.04

Category -0.15▲0.11

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

CRISIL Long Duration Debt Index A-III

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

02 Jan 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-1.06%

Absolute return over the last 3 months (not annualized)

-1.74%

Absolute return over the last 6 months (not annualized)

+3.44%

Absolute return since 1 Jan of this year (not annualized)

+1.04%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+1.45%

3-year annualized return (CAGR)

+6.36%

5-year annualized return (CAGR)

+5.30%

10-year annualized return (CAGR)

+6.67%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+7.64%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

3.23%

Excess return per unit of total volatility (rf = 6.5%)

-0.04

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-0.06

Largest peak-to-trough decline over full history

-12.03%

Benchmark ratios

Not shown for Long Term 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 (Long Term Fund)

Period	Fund	Category avg.	Diff
1M abs	-1.06%	-0.83%	-0.23%
3M abs	-1.74%	-1.79%	+0.05%
6M abs	+3.44%	+3.56%	-0.12%
1Y CAGR	+1.45%	+1.44%	+0.01%
3Y CAGR	+6.36%	+5.90%	+0.46%
5Y CAGR	+5.30%	—	—

Category average across peers in Long Term Fund (up to 10 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 10 peers in Long Term Fund

1Y return

+1.45%

Beats 70% · rank #4

3Y return

+6.36%

Beats 83.3% · rank #2

5Y return

+5.30%

—

Sharpe

-0.04

Beats 83.3% · rank #2

Sortino

-0.06

Beats 83.3% · rank #2

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.87L

Absolute

+14.58%

XIRR

+5.56%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into ICICI Prudential Long Term 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	+1.04%
2025	+5.65%
2024	+10.71%
2023	+7.32%
2022	+1.86%
2021	+1.01%
2020	+11.58%
2019	+12.75%
2018	+7.50%
2017	+5.03%

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.

History points

3,319

Expense ratio

0.43%

YTM (from holdings)

7.82%

Average maturity

28.69 years

Exit load

Nil

Taxation

Taxed as debt

This 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.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

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.

Peer comparison · Long Term Fund

Compare all


ICICI Prudential Long Term FundThis fund ICICI Prudential · Direct · Growth	★★★★☆	+1.45%	+6.36%	+5.30%	—	0.43%	—
Aditya Birla Sun Life Long Term Fund Aditya Birla Sun Life · Direct · Growth	★★★★★	+2.28%	+6.46%	—	—	0.43%	—
SBI Long Term Fund SBI · Direct · Growth	★★★☆☆	+1.35%	+6.06%	—	—	0.32%	—
Nippon India Nivesh Lakshya Long Term Fund Nippon India · Direct · Growth	★★★☆☆	+0.67%	+5.93%	+5.34%	—	0.33%	—
HDFC Long Term Fund HDFC · Direct · Growth	★★☆☆☆	+0.91%	+5.84%	—	—	0.28%	—
Axis Long Term Fund Axis · Direct · Growth	★★☆☆☆	+1.12%	+5.73%	—	—	0.33%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt96.45%
Cash & Equivalents3.14%
Other0.41%

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.

-12.0%28 May 2013 → 19 Aug 2013
Fell over 3 months, back to the old high on 04 Jun 2014 — 9 months under water after the low.

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.

AMC Profile

ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.

Launched

11 Oct 1993

Total AUM

₹11,14,544Cr+1.0% QoQ

Avg AUM · April - June 2026

Website

icicipruamc.com

Fund Managers

MBManish BanthiaManaging since 22 Jan 2024

Role

Chief Investment Officer - Fixed Income

Education

Chartered Accountant, MBA and B.Com

Experience

Mr. Manish Banthia is the Chief Investment Officer for the Fixed Income Investments. He is associated with ICICI Prudential Asset Management Company Limited since October 2005. He has an overall work experience of around 21 years. Past Experience: ~ ICICI Prudential Asset Management Company Limited - Fixed Income Investments - August 2007 to October 2009. ~ ICICI Prudential Asset Management Company Limited - New Product Development - October 2005 to July 2007. ~ Aditya Birla Nuvo Ltd. – June 2005 to October 2005. ~ Aditya Birla Management Corporation Ltd. – May 2004 to May 2005.

Funds managed (25)

All schemes Manish Banthia runs →

RSRaunak SuranaManaging since 22 Jan 2024

Role

Manager – Dealing

Total experience

Over 4 years

Education

Chartered Accountant and Chartered Financial Analyst (CFA)

Experience

Mr. Raunak Surana has been appointed in Debt DeaIing team of ICICI Prudential Management Company Limited w.e.f. June 13, 2022. Past Experience: ~ ICICI Prudential Asset Management Company Limited – Support dealing and management team – June 2021 to June 2022.

Funds managed (3)

All schemes Raunak Surana runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Manish Banthia Raunak Surana

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 to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of ICICI Prudential Long Term Fund?

As of 01 Oct 2026, the NAV of ICICI Prudential Long Term Fund is ₹100.27 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Long Term Fund delivered?

ICICI Prudential Long Term Fund has returned +1.45% over 1 year, +6.36% per year over 3 years, +5.30% per year over 5 years and +7.64% 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 Long Term Fund?

ICICI Prudential Long Term Fund charges an expense ratio of 0.43% 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 Long Term Fund?

ICICI Prudential Long Term Fund's largest holdings are Government Securities (36.6%), Government Securities (13.6%), State Government of Maharashtra (8.5%), State Government of Maharashtra (5.7%) and State Government of Maharashtra (5.6%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Long Term Fund?

ICICI Prudential Long Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.2% and its worst peak-to-trough fall in our sample was -12.0%. 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 -0.04 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Long Term Fund's -0.04 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of ICICI Prudential Long Term Fund?

ICICI Prudential Long Term Fund is benchmarked against the CRISIL Long Duration Debt Index A-III. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Long Term Fund?

ICICI Prudential Long Term Fund is managed by Manish Banthia and Raunak Surana at ICICI Prudential.

How is ICICI Prudential Long Term Fund taxed?

ICICI Prudential Long Term 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.