Should I invest in ICICI Prudential Constant Maturity Gilt Fund - Annual IDCW?

We don't give personal investment advice. ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.4%. 5-year CAGR: -0.07%.

ICICI Prudential

ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW

Latest NAV

₹10.6928

As of

16 Sep 2022

1,903 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.22%	+0.06%	-0.28	16 / 16	Q4
1W	-0.62%	+0.02%	-0.64	15 / 16	Q4
2W	+0.10%	+0.70%	-0.60	15 / 16	Q4
1M	+0.11%	+0.53%	-0.43	14 / 16	Q4
3M	+3.82%	-0.15%	+3.98	2 / 16	Q1
6M	+0.32%	-0.45%	+0.77	6 / 16	Q2
YTD	+0.11%	-0.34%	+0.45	7 / 16	Q2
1Y	+0.08%	-0.41%	+0.49	7 / 16	Q2
2Y	+0.03%	+1.86%	-1.83	9 / 15	Q3
3Y	+0.15%	+1.79%	-1.64	7 / 15	Q2
4Y	-0.14%	+2.06%	-2.20	11 / 12	Q4
5Y	-0.07%	+1.02%	-1.09	8 / 12	Q3
7Y	+0.58%	+0.53%	+0.04	3 / 12	Q1
10Y	—	—	—	—	—
Inception	+0.39%	+2.55%	-2.16	14 / 16	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2022 YTD	+0.11%	+0.23%	-0.13	9 / 12
2021	-3.06%	-1.78%	-1.28	9 / 12
2020	+0.87%	-1.82%	+2.69	3 / 12
2019	-5.64%	+2.26%	-7.90	12 / 12
2018	+9.45%	+5.72%	+3.73	3 / 11
2017	-6.38%	-1.29%	-5.09	9 / 11
2016	+7.62%	+5.45%	+2.17	4 / 10
2015	-2.74%	-0.15%	-2.59	3 / 3
2014	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

-0.11%

84 windows

min -7.9% · max 19.3%

40% positive

3-Year rolling

+0.03%

60 windows

min -6.6% · max 4.0%

55% positive

5-Year rolling

+0.01%

36 windows

min -2.3% · max 1.7%

56% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

-0.39%

11 windows

min -1.0% · max 0.6%

27% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

8.17%

3-year · annualised

Sharpe ratio

-0.74

vs risk-free 6.5%

Sortino ratio

-0.85

Downside-only deviation

Max drawdown

-14.97%

Aug 2020 → Jun 2022

% positive months

63.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Gilt Fund with 10-year Constant Duration

Scheme	Fund house	NAV	As of
SBI Constant Maturity 10 Year Gilt Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹22.0454	3 Jun 2026
ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Quarterly IDCW	ICICI Prudential	₹11.5552	3 Jun 2026
Bandhan Gilt Fund with 10 year constant duration Fund - Direct Plan - Monthly IDCW	Bandhan	₹10.4595	3 Jun 2026
DSP 10Y G-Sec Fund - Direct Plan - IDCW	DSP	₹10.5983	3 Jun 2026
UTI Gilt Fund with 10 year Constant Duration - Direct Plan - Annual IDCW Option	UTI	₹11.3787	3 Jun 2026

Recent NAVs

Date	NAV
16 Sep 2022	₹10.6928
15 Sep 2022	₹10.7161
14 Sep 2022	₹10.7707
13 Sep 2022	₹10.7949
12 Sep 2022	₹10.7493
9 Sep 2022	₹10.7591
8 Sep 2022	₹10.7791
7 Sep 2022	₹10.7437
6 Sep 2022	₹10.7352
5 Sep 2022	₹10.7081

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 16 Sep 2022, the NAV of ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW is ₹10.6928. It's a Gilt Fund with 10-year Constant Duration from ICICI Prudential, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW has NAV history starting from 05 Nov 2014, a track record of about 11 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW is managed by ICICI Prudential. It's classified by AMFI under the 'Gilt Fund with 10-year Constant Duration' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW has delivered a absolute return of 0.08% — +0.49 pp ahead of the Gilt Fund with 10-year Constant Duration category average of -0.41%. The fund ranks #7 of 16 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW has delivered a CAGR of 0.15% — -1.64 pp behind the Gilt Fund with 10-year Constant Duration category average of 1.79%. The fund ranks #7 of 15 in its category — the second (Q2) quartile.

Over the trailing 5-year window, ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW has delivered a CAGR of -0.07% — -1.09 pp behind the Gilt Fund with 10-year Constant Duration category average of 1.02%. The fund ranks #8 of 12 in its category — the third (Q3) quartile.

₹1 lakh invested in ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW exactly 5 years ago would be worth approximately ₹99,656 today — a multiplier of 1.00×, based on the 5-year CAGR of -0.07%. The category average over the same window would have grown ₹1 lakh to ₹105,187.

A ₹10,000 monthly SIP in ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹583,180 today. That's an XIRR (money-weighted annualised return) of -1.12%.

ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹817,418 — XIRR -0.77%.

On a 5-year basis, ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW ranks #8 out of 12 funds in the Gilt Fund with 10-year Constant Duration category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 1.02%; this fund delivered -0.07%.

The worst peak-to-trough decline ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW has experienced over the last 5-year window is 20.42% — its NAV fell from a high on 26 Aug 2019 to a low on 13 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW averaged 0.01% (best 1.65%, worst -2.27%). 56% of rolling windows ended positive. The 5-year Sharpe ratio is -0.58 — negative risk-adjusted performance.

In calendar year 2021, ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW returned -3.06% — lagging the Gilt Fund with 10-year Constant Duration category average of -1.78% by 1.28 pp. It ranked #9 of 12 in its category that year.

ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. ICICI Prudential Constant Maturity Gilt Fund - Direct Plan - Annual IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.4%. 5-year CAGR: -0.07%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.