Should I invest in ICICI Prudential Gilt Fund?

We don't give personal investment advice. ICICI Prudential Gilt Fund - Direct Plan - 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: 10.1%. 5-year CAGR: 2.12%.

ICICI Prudential

ICICI Prudential Gilt Fund - Direct Plan - IDCW

Latest NAV

₹18.6860

As of

17 Jul 2026

3,268 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	-0.20%	-0.15%	-0.05	25 / 48	Q3
1W	-0.49%	-0.27%	-0.22	30 / 48	Q3
2W	-0.42%	-0.20%	-0.22	29 / 48	Q3
1M	+1.55%	+0.99%	+0.56	23 / 48	Q2
3M	+2.89%	+2.06%	+0.83	13 / 48	Q2
6M	-1.83%	+2.31%	-4.13	45 / 48	Q4
YTD	-2.25%	+1.92%	-4.17	45 / 48	Q4
1Y	-0.99%	+1.58%	-2.57	38 / 48	Q4
2Y	+0.32%	+2.94%	-2.62	32 / 44	Q3
3Y	+1.84%	+3.59%	-1.75	24 / 41	Q3
4Y	+3.75%	+3.63%	+0.12	19 / 38	Q2
5Y	+2.12%	+2.73%	-0.61	16 / 34	Q2
7Y	+3.79%	+2.36%	+1.43	11 / 30	Q2
10Y	+3.78%	+3.01%	+0.77	12 / 27	Q2
Inception	+2.62%	+3.62%	-1.00	24 / 48	Q2

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
2026 YTD	-2.25%	+1.64%	-3.89	36 / 39
2025	-0.94%	+1.34%	-2.29	30 / 38
2024	+5.45%	+5.54%	-0.09	18 / 35
2023	+8.82%	+4.18%	+4.64	1 / 35
2022	-3.27%	+0.43%	-3.70	29 / 31
2021	+4.33%	-0.22%	+4.55	2 / 31
2020	+12.77%	+5.04%	+7.74	3 / 31
2019	+11.44%	+7.33%	+4.11	8 / 26
2018	+6.01%	+4.31%	+1.70	13 / 31
2017	+0.04%	-0.85%	+0.89	18 / 33
2016	-0.83%	+9.36%	-10.18	29 / 31

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

+3.31%

153 windows

min -10.8% · max 16.5%

67% positive

3-Year rolling

+3.64%

129 windows

min -3.7% · max 10.7%

85% positive

5-Year rolling

+4.04%

105 windows

min -1.7% · max 7.9%

93% positive

7-Year rolling

+4.53%

80 windows

min 1.4% · max 6.8%

100% positive

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

5.51%

3-year · annualised

Sharpe ratio

-0.82

vs risk-free 6.5%

Sortino ratio

-0.93

Downside-only deviation

Max drawdown

-10.10%

Mar 2025 → Apr 2026

% positive months

77.8%

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

Scheme	Fund house	NAV	As of
HDFC Gilt Fund - IDCW Option - Direct Plan	HDFC	₹13.0890	17 Jul 2026
NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option	Nippon India	₹11.7233	17 Jul 2026
SBI Gilt Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹23.2275	17 Jul 2026
Invesco India Gilt Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,218.5847	17 Jul 2026
Bandhan Gilt Fund - Direct Plan - Annual IDCW	Bandhan	₹12.7227	17 Jul 2026
quant Gilt Fund - IDCW Option - Direct Plan	Quant	₹12.5478	17 Jul 2026
Aditya Birla Sun Life Govenment Securities Fund -DIRECT - Quarterly IDCW	Aditya Birla Sun Life	₹11.6482	17 Jul 2026
Franklin India Government Securities Fund - Direct - IDCW	Franklin India	₹11.8904	17 Jul 2026
Kotak Gilt-Investment Regular-Payout of Income Distribution cum capital withdrawal option - Direct	Kotak	₹24.5773	17 Jul 2026
Edelweiss Government Securities Fund - Direct Plan - Annual Dividend Option	Edelweiss	₹26.8795	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹18.6860
16 Jul 2026	₹18.7230
15 Jul 2026	₹18.6860
14 Jul 2026	₹18.6614
13 Jul 2026	₹18.7638
10 Jul 2026	₹18.7785
9 Jul 2026	₹18.7396
8 Jul 2026	₹18.7222
7 Jul 2026	₹18.7885
6 Jul 2026	₹18.7909

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 17 Jul 2026, the NAV of ICICI Prudential Gilt Fund - Direct Plan - IDCW is ₹18.6860. It's a Gilt Fund from ICICI Prudential, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Gilt Fund - Direct Plan - IDCW has NAV history starting from 02 Jan 2013, a track record of about 13 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 Gilt Fund - Direct Plan - IDCW is managed by ICICI Prudential. It's classified by AMFI under the 'Gilt Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Gilt Fund - Direct Plan - IDCW has delivered a absolute return of -0.99% — -2.57 pp behind the Gilt Fund category average of 1.58%. The fund ranks #38 of 48 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential Gilt Fund - Direct Plan - IDCW has delivered a CAGR of 1.84% — -1.75 pp behind the Gilt Fund category average of 3.59%. The fund ranks #24 of 41 in its category — the third (Q3) quartile.

Over the trailing 5-year window, ICICI Prudential Gilt Fund - Direct Plan - IDCW has delivered a CAGR of 2.12% — -0.61 pp behind the Gilt Fund category average of 2.73%. The fund ranks #16 of 34 in its category — the second (Q2) quartile.

₹1 lakh invested in ICICI Prudential Gilt Fund - Direct Plan - IDCW exactly 10 years ago would be worth approximately ₹144,896 today — a multiplier of 1.45×, based on the 10-year CAGR of 3.78%. The category average over the same window would have grown ₹1 lakh to ₹134,548.

A ₹10,000 monthly SIP in ICICI Prudential Gilt Fund - Direct Plan - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹627,857 today. That's an XIRR (money-weighted annualised return) of 1.79%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Gilt Fund - Direct Plan - IDCW = ₹1,200,000 invested. It would currently be worth ₹1,438,379 (multiplier 1.20×). XIRR: 3.55%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Gilt Fund - Direct Plan - IDCW ranks #16 out of 34 funds in the Gilt Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.73%; this fund delivered 2.12%.

The worst peak-to-trough decline ICICI Prudential Gilt Fund - Direct Plan - IDCW has experienced over the last 5-year window is 10.10% — its NAV fell from a high on 24 Mar 2025 to a low on 02 Apr 2026. 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 Gilt Fund - Direct Plan - IDCW averaged 4.04% (best 7.86%, worst -1.72%). 93% of rolling windows ended positive. The 5-year Sharpe ratio is -0.73 — negative risk-adjusted performance.

In calendar year 2025, ICICI Prudential Gilt Fund - Direct Plan - IDCW returned -0.94% — lagging the Gilt Fund category average of 1.34% by 2.29 pp. It ranked #30 of 38 in its category that year.

ICICI Prudential Gilt Fund - Direct Plan - 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 Gilt Fund - Direct Plan - 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: 10.1%. 5-year CAGR: 2.12%.

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