Should I invest in ICICI Prudential Medium Term Bond Fund?

We don't give personal investment advice. ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth 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: 1.2%. 5-year CAGR: 7.52%.

ICICI Prudential

ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth

Latest NAV

₹53.3838

As of

17 Jul 2026

3,252 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	+0.04%	+0.01%	+0.03	3 / 15	Q1
1W	-0.07%	-0.06%	-0.01	10 / 15	Q3
2W	-0.12%	-0.05%	-0.07	11 / 15	Q3
1M	+1.14%	+0.85%	+0.28	2 / 15	Q1
3M	+2.34%	+2.18%	+0.17	4 / 15	Q2
6M	+4.00%	+3.55%	+0.44	5 / 15	Q2
YTD	+4.01%	+4.22%	-0.21	3 / 15	Q1
1Y	+7.68%	+6.64%	+1.04	3 / 15	Q1
2Y	+8.93%	+7.85%	+1.08	4 / 15	Q2
3Y	+8.50%	+7.80%	+0.70	3 / 15	Q1
4Y	+8.38%	+7.45%	+0.93	3 / 14	Q1
5Y	+7.52%	+6.93%	+0.59	3 / 14	Q1
7Y	+8.17%	+6.86%	+1.31	2 / 13	Q1
10Y	+8.09%	+7.19%	+0.91	4 / 11	Q2
Inception	+8.53%	+7.72%	+0.81	4 / 14	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	+4.01%	+3.68%	+0.33	2 / 13
2025	+9.65%	+8.63%	+1.02	4 / 13
2024	+8.70%	+8.87%	-0.16	7 / 13
2023	+7.70%	+7.37%	+0.33	3 / 13
2022	+4.88%	+4.89%	-0.02	2 / 13
2021	+6.24%	+6.93%	-0.69	5 / 13
2020	+11.02%	+6.04%	+4.99	5 / 13
2019	+9.93%	+5.23%	+4.70	3 / 13
2018	+5.84%	+6.32%	-0.48	11 / 13
2017	+7.28%	+6.95%	+0.33	7 / 13
2016	+11.25%	+11.98%	-0.73	11 / 13

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

+8.66%

153 windows

min 3.3% · max 14.6%

100% positive

3-Year rolling

+8.42%

128 windows

min 6.1% · max 11.6%

100% positive

5-Year rolling

+8.28%

104 windows

min 7.1% · max 10.1%

100% positive

7-Year rolling

+8.37%

80 windows

min 7.4% · max 10.1%

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

1.44%

3-year · annualised

Sharpe ratio

1.20

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.57%

Feb 2026 → Mar 2026

% positive months

94.4%

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 Medium Duration Fund

Scheme	Fund house	NAV	As of
HDFC Medium Term Debt Fund - Growth Option - Direct Plan	HDFC	₹65.5502	17 Jul 2026
Nippon India Medium Duration Fund - Direct Plan - Growth Option	Nippon India	₹18.2760	17 Jul 2026
SBI MEDIUM DURATION FUND - DIRECT PLAN - GROWTH	SBI	₹59.2317	17 Jul 2026
Invesco India Medium Duration Fund - Direct Plan - Growth	Invesco	₹1,354.3901	17 Jul 2026
Bandhan Medium Duration Fund - Direct Plan - Growth	Bandhan	₹53.0359	17 Jul 2026
Aditya Birla Sun Life Medium Term Plan - Growth - Direct Plan	Aditya Birla Sun Life	₹47.7248	17 Jul 2026
Kotak Medium Term Fund - Direct Growth	Kotak	₹27.3953	17 Jul 2026
DSP Bond Fund - Direct Plan - Growth	DSP	₹92.1806	17 Jul 2026
HSBC Medium Duration Fund - Direct Growth	HSBC	₹23.8013	17 Jul 2026
UTI - Medium Term Fund (Segregated - 06032020) - Direct Plan - Growth Option	UTI	₹0.0000	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹53.3838
16 Jul 2026	₹53.3637
15 Jul 2026	₹53.3047
14 Jul 2026	₹53.2761
13 Jul 2026	₹53.4037
10 Jul 2026	₹53.4197
9 Jul 2026	₹53.3257
8 Jul 2026	₹53.3206
7 Jul 2026	₹53.4467
6 Jul 2026	₹53.4695

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 Medium Term Bond Fund - Direct Plan - Growth is ₹53.3838. It's a Medium Duration Fund from ICICI Prudential, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth has NAV history starting from 24 Jan 2013, a track record of about 13 years 5 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 Medium Term Bond Fund - Direct Plan - Growth is managed by ICICI Prudential. It's classified by AMFI under the 'Medium Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth has delivered a absolute return of 7.68% — +1.04 pp ahead of the Medium Duration Fund category average of 6.64%. The fund ranks #3 of 15 in its category — the top (Q1) quartile.

Over the trailing 3-year window, ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth has delivered a CAGR of 8.50% — +0.7 pp ahead of the Medium Duration Fund category average of 7.80%. The fund ranks #3 of 15 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth has delivered a CAGR of 7.52% — +0.59 pp ahead of the Medium Duration Fund category average of 6.93%. The fund ranks #3 of 14 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth exactly 10 years ago would be worth approximately ₹217,737 today — a multiplier of 2.18×, based on the 10-year CAGR of 8.09%. The category average over the same window would have grown ₹1 lakh to ₹200,167.

A ₹10,000 monthly SIP in ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹739,387 today. That's an XIRR (money-weighted annualised return) of 8.29%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹1,815,876 (multiplier 1.51×). XIRR: 8.03%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth ranks #3 out of 14 funds in the Medium Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 6.93%; this fund delivered 7.52%.

The worst peak-to-trough decline ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth has experienced over the last 5-year window is 1.15% — its NAV fell from a high on 07 Apr 2022 to a low on 06 May 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 Medium Term Bond Fund - Direct Plan - Growth averaged 8.28% (best 10.06%, worst 7.12%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.53 — reasonable risk-adjusted performance.

In calendar year 2025, ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth returned 9.65% — beating the Medium Duration Fund category average of 8.63% by 1.02 pp. It ranked #4 of 13 in its category that year.

ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth 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 Medium Term Bond Fund - Direct Plan - Growth 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: 1.2%. 5-year CAGR: 7.52%.

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

ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Medium Duration Fund

Recent NAVs

Frequently asked questions

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