Debt10-year Constant Maturity Gilt FundDirectIDCWModerate

ICICI Prudential Constant Maturity Gilt Fund

Q: What is the NAV of ICICI Prudential Constant Maturity Gilt Fund?

The last published NAV of ICICI Prudential Constant Maturity Gilt Fund was ₹11.39 per unit, on 16 Sep 2022. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

Q: What is the expense ratio of ICICI Prudential Constant Maturity Gilt Fund?

ICICI Prudential Constant Maturity Gilt Fund charges an expense ratio of 0.29% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: How risky is ICICI Prudential Constant Maturity Gilt Fund?

ICICI Prudential Constant Maturity Gilt Fund is rated moderate on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -8.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of ICICI Prudential Constant Maturity Gilt Fund?

ICICI Prudential Constant Maturity Gilt Fund is benchmarked against the AMFI Tier I benchmark - CRISIL 10 year Gilt Index. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Constant Maturity Gilt Fund?

ICICI Prudential Constant Maturity Gilt Fund is managed by Manish Banthia, Rahul Goswami and Raunak Surana at ICICI Prudential.

Q: How is ICICI Prudential Constant Maturity Gilt Fund taxed?

ICICI Prudential Constant Maturity Gilt 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

₹11.39

as of 16 Sep 2022

This is the Direct plan of ICICI Prudential Constant Maturity Gilt 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.

Compare SIP calculator

This scheme hasn’t published a NAV since 16 Sep 2022 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.

NAV history

-1.27%CAGR

52-week rangePrev NAV ₹11.41

Latest ₹11.39

Low ₹10.9270th percentile of its 52-week rangeHigh ₹11.58

Scorecard

Not rated

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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough 10-year Constant Maturity Gilt Fund peers to rank yet

Risk—

Volatility not available yet

Cost—

0.3% expense (no category average yet)

ConsistencyLow

68% 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

No standout strengths identified.

Concerns

Positive in only 68% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.29%

Category —

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

—

Category —

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

—

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

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.

—

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

AMFI Tier I benchmark - CRISIL 10 year Gilt Index

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.

05 Nov 2014

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

Definitions

Absolute return over the last 1 month (not annualized)

—

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

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

—

Annualized returns (≥1Y — CAGR)

Definitions

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

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

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.

—

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

—

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

—

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

—

Largest peak-to-trough decline over full history

-8.51%

Benchmark ratios

Not shown for 10-year Constant Maturity Gilt 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.

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

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

₹6.00L

Absolute

+0.01%

XIRR

0.00%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into ICICI Prudential Constant Maturity Gilt 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
2022part	+0.11%
2021	-0.94%
2020	-0.73%
2019	0.00%
2018	+2.75%
2017	-1.39%
2016	+4.97%
2015	+2.52%
2014part	+2.94%

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

1,903

Expense ratio

0.29%

AUM

₹2,144Cr

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 · 10-year Constant Maturity Gilt Fund

Compare all


ICICI Prudential Constant Maturity Gilt FundThis fund ICICI Prudential · Direct · Monthly IDCW	—	—	—	—	—	0.29%	₹2,144Cr
Bandhan 10 year Constant Maturity Gilt Fund Bandhan · Direct · Periodic IDCW	—	+3.54%	+7.35%	+5.65%	—	—	—
SBI 10 Year Constant Maturity Gilt Fund SBI · Direct · IDCW	—	+2.50%	+6.67%	+5.55%	—	0.32%	—
UTI 10 year Constant Maturity Gilt Fund UTI · Direct · Discontinued · Quarterly IDCW	—	+2.39%	+6.64%	—	—	0.33%	—
UTI 10 year Constant Maturity Gilt Fund UTI · Direct · Discontinued · Flexi IDCW	—	+2.39%	+6.64%	—	—	—	—
UTI 10 year Constant Maturity Gilt Fund UTI · Direct · Annual IDCW	—	-0.22%	+2.46%	—	—	0.33%	—

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.

-8.5%12 Jul 2019 → 13 Jun 2022
Still below that high — 2.9 years down, and no recovery yet.
-5.9%24 Nov 2016 → 10 Mar 2017
Fell over 3 months, back to the old high on 05 Dec 2018 — 1.7 years 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.

Fund size over time

Quarterly average AUM · AMFI

₹2,144Cr

April - June 2026

-15%

since January - March 2026

−₹376.86Cr

est. net flow, last quarter

Down +15% from its peak of ₹2,521Cr 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.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

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 BanthiaStart date not disclosed

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 (24)

All schemes Manish Banthia runs →

RGRahul GoswamiStart date not disclosed

Education

BSC (Mathematics), MBA (Finance)

Funds managed (8)

All schemes Rahul Goswami runs →

RSRaunak SuranaStart date not disclosed

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 (2)

All schemes Raunak Surana runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. 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 Rahul Goswami 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.

Run SIP calculator Add to compare

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 Gilt funds

Gilt funds lend only to the government, so they carry no credit risk. Their prices do move with interest rates, though — they can swing when rate expectations change.

Frequently asked questions

What is the NAV of ICICI Prudential Constant Maturity Gilt Fund?

The last published NAV of ICICI Prudential Constant Maturity Gilt Fund was ₹11.39 per unit, on 16 Sep 2022. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

What is the expense ratio of ICICI Prudential Constant Maturity Gilt Fund?

ICICI Prudential Constant Maturity Gilt Fund charges an expense ratio of 0.29% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

How risky is ICICI Prudential Constant Maturity Gilt Fund?

ICICI Prudential Constant Maturity Gilt Fund is rated moderate on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -8.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of ICICI Prudential Constant Maturity Gilt Fund?

ICICI Prudential Constant Maturity Gilt Fund is benchmarked against the AMFI Tier I benchmark - CRISIL 10 year Gilt Index. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Constant Maturity Gilt Fund?

ICICI Prudential Constant Maturity Gilt Fund is managed by Manish Banthia, Rahul Goswami and Raunak Surana at ICICI Prudential.

How is ICICI Prudential Constant Maturity Gilt Fund taxed?

ICICI Prudential Constant Maturity Gilt 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.