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ICICI Prudential Mutual Fund

ICICI Prudential Gilt Fund

ICICI Prudential Mutual Fund · Direct plan · Growth

3-year returns
7%
a year
NAV
₹116.45
▲ 0.01% · 18 Sept 2026
Fund size
₹7,950 Cr
Expense ratio
0.57%
a year
Minimum SIP
₹1,000

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹107.40 and has returned 6.4% a year over 3 years.

Returns, and where it stands

Against the average gilt fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year4.5%3.6%ahead5 of 23
3 years7%6.3%ahead3 of 21
5 years6.4%5.7%ahead1 of 18
10 years7.5%6.8%ahead3 of 17
Every period, and the Regular plan →
PeriodDirectRegular
1 month-1.4%-1.4%
3 months0.7%0.6%
6 months2.4%2.2%
1 year4.5%3.9%
2 yearsp.a.6.1%5.5%
3 yearsp.a.7%6.4%
5 yearsp.a.6.4%5.9%
7 yearsp.a.7.3%6.7%
10 yearsp.a.7.5%6.9%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 4.45% in the last 1Y

111.3114.8118.318 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹17,218
XIRR (per year)
6.04%
Value today
₹1,97,218

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What this fund holds

As on 31 July 2026

  • Debt96.9%
  • Cash3.14%

Top holdings

The ten largest holdings and their share of the fund
Government SecuritiesSOV15.3%
Government SecuritiesSOV14.8%
Government SecuritiesSOV9.54%
Government SecuritiesSOV8.62%
State Government of MaharashtraSOV3.19%
State Government of MaharashtraSOV3.1%
State Government of Uttar PradeshSOV2.79%
State Government of MaharashtraSOV2.66%
State Government of TelanganaSOV2.44%
State Government of MaharashtraSOV2.35%

and 36 more holdings.

From the monthly portfolio ICICI Prudential Mutual Fund publishes for this scheme, as required by SEBI. Cash covers bank balances, treasury bills lent overnight and money due to the scheme, which carry no ISIN and so are shown as the remainder.Original disclosure

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
2.3% a year
0.7% less than the category average — the steadier side
Worst fall so far
−6.8%
Nov 2016 to Mar 2017, against −4.7% for the category.
Years that made money
99.8%
Of every one-year stretch it has been through.
Over any three years
5.3% to 10.9%
A year, at worst and at best. Typically 8%.

Fund details

Minimum lumpsum
₹5,000
Minimum top-up
₹5,000
Lock-in
None
Plan started
1 Jan 2013
Expense ratio
0.57%
as of 31 Jul 2026

Managed by Manish Banthia, Raunak Surana

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

ICICI Prudential Gilt Fund against other funds in the Gilt Fund category
Fund1Y3Y5YExpenseFund size
Bandhan Gilt Fund7.74%7.93%6.39%0.56%₹1,883 Cr
Axis Gilt Fund4.51%7.13%5.97%0.46%₹341 Cr
ICICI Prudential Gilt Fund4.45%6.95%6.43%0.57%₹7,950 Cr
DSP Gilt Fund3.72%6.73%5.99%0.59%₹1,213 Cr
UTI - Gilt Fund5.39%6.7%5.75%0.69%₹420 Cr
SBI Gilt Fund4.07%6.57%6.2%0.5%₹8,215 Cr
Invesco India Gilt Fund3.22%6.53%5.64%0.39%₹111 Cr

About ICICI Prudential Gilt Fund

ICICI Prudential Gilt Fund is a gilt fund managed by ICICI Prudential Mutual Fund. Invest at least 80% in government securities. No default risk, but prices move with interest rates.

To generate income primarily through investment in Gilts of various maturities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

The scheme's stated objective, as published by ICICI Prudential Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹116.4548120590
DirectIDCW₹18.5842120589
RegularGrowth₹107.4017100369
RegularIDCW₹17.5948100368

Frequently asked questions

What is the NAV of ICICI Prudential Gilt Fund today?

The NAV of ICICI Prudential Gilt Fund (Direct plan, Growth) is ₹116.4548 and the Regular plan NAV is ₹107.4017, as of 18 Sept 2026.

What returns has ICICI Prudential Gilt Fund given?

Over the last year the Direct plan returned 4.45%, and 6.95% a year over 3 years and 6.43% a year over 5 years. That places it 3 of 21 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of ICICI Prudential Gilt Fund?

The Direct plan charges 0.57% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in ICICI Prudential Gilt Fund?

You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹5,000 or more.

How much has ICICI Prudential Gilt Fund fallen in the past?

Its deepest fall was 6.8% from 24 Nov 2016 to 10 Mar 2017. Of every one-year stretch in its history, 100% ended in a gain.

What does ICICI Prudential Gilt Fund invest in?

As on 31 Jul 2026 it held 46 positions, the largest being Government Securities (15.3%), Government Securities (14.8%), Government Securities (9.5%). Portfolios change every month.

Which category does ICICI Prudential Gilt Fund belong to?

It is a Gilt Fund from ICICI Prudential Mutual Fund. Invest at least 80% in government securities. No default risk, but prices move with interest rates.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from ICICI Prudential Gilt Fund taxed?

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.