Should I invest in ICICI Prudential Medium Term Bond Fund?

We don't give personal investment advice. ICICI Prudential Medium Term Bond Fund - 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: 6.77%.

ICICI Prudential

ICICI Prudential Medium Term Bond Fund - Growth

Latest NAV

₹48.2276

As of

24 Jul 2026

4,905 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	0.00%	-0.07%	+0.07	19 / 32	Q3
1W	-0.14%	-0.07%	-0.08	28 / 32	Q4
2W	-0.22%	-0.06%	-0.16	22 / 32	Q3
1M	+0.56%	+0.34%	+0.22	9 / 32	Q2
3M	+2.19%	+1.31%	+0.88	6 / 32	Q1
6M	+3.55%	+1.91%	+1.64	8 / 32	Q1
YTD	+3.50%	+1.01%	+2.48	6 / 32	Q1
1Y	+6.54%	+2.16%	+4.38	5 / 32	Q1
2Y	+8.08%	+2.89%	+5.19	2 / 31	Q1
3Y	+7.75%	+3.18%	+4.58	3 / 31	Q1
4Y	+7.60%	+3.06%	+4.54	2 / 31	Q1
5Y	+6.77%	+2.64%	+4.13	3 / 31	Q1
7Y	+7.45%	+2.72%	+4.73	2 / 28	Q1
10Y	+7.29%	+3.11%	+4.17	3 / 25	Q1
Inception	+7.64%	+2.93%	+4.71	3 / 32	Q1

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	+3.50%	+1.77%	+1.73	3 / 17
2025	+8.97%	+3.35%	+5.63	2 / 20
2024	+8.02%	+4.91%	+3.11	7 / 20
2023	+7.00%	+3.99%	+3.01	3 / 20
2022	+4.17%	+0.86%	+3.31	1 / 24
2021	+5.49%	+2.88%	+2.61	4 / 25
2020	+10.32%	+1.22%	+9.10	6 / 30
2019	+9.22%	+2.51%	+6.71	4 / 30
2018	+5.01%	+2.64%	+2.37	7 / 30
2017	+6.35%	+2.00%	+4.34	5 / 30
2016	+10.11%	+5.02%	+5.09	10 / 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

+7.72%

236 windows

min 2.2% · max 13.2%

100% positive

3-Year rolling

+7.67%

211 windows

min 5.4% · max 10.9%

100% positive

5-Year rolling

+7.74%

187 windows

min 6.4% · max 9.4%

100% positive

7-Year rolling

+7.86%

163 windows

min 6.7% · max 8.9%

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

1.35%

3-year · annualised

Sharpe ratio

0.72

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.62%

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 - Fornightly IDCW Option	HDFC	₹10.0891	24 Jul 2026
Nippon India Medium Duration Fund - Segregated Portfolio 2 - Bonus Option	Nippon India	₹0.0000	24 Jul 2026
SBI MEDIUM DURATION FUND - REGULAR PLAN - GROWTH	SBI	₹54.5069	24 Jul 2026
ICICI Prudential Medium Term Bond Fund - Quarterly IDCW	ICICI Prudential	₹10.9659	24 Jul 2026
Kotak Medium Term Fund - Standard Income Distribution cum capital withdrawal option	Kotak	₹14.9554	24 Jul 2026
Bandhan Medium Duration Fund - Regular Plan - Bi-Monthly IDCW	IDFC	₹10.4662	24 Jul 2026
Sundaram Medium Duration Fund (Formerly Known as Sundaram Medium Term Bond Fund) Regular Plan - Growth	Sundaram BNP Paribas	₹71.5609	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹48.2276
23 Jul 2026	₹48.2284
22 Jul 2026	₹48.2595
21 Jul 2026	₹48.2754
20 Jul 2026	₹48.2805
17 Jul 2026	₹48.2972
16 Jul 2026	₹48.2799
15 Jul 2026	₹48.2274
14 Jul 2026	₹48.2023
13 Jul 2026	₹48.3186

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 24 Jul 2026, the NAV of ICICI Prudential Medium Term Bond Fund - Growth is ₹48.2276. It's a Medium Duration Fund from ICICI Prudential, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Medium Term Bond Fund - Growth has NAV history starting from 02 Apr 2006, a track record of about 20 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

ICICI Prudential Medium Term Bond Fund - 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 - Growth has delivered a absolute return of 6.54% — +4.38 pp ahead of the Medium Duration Fund category average of 2.16%. The fund ranks #5 of 32 in its category — the top (Q1) quartile.

Over the trailing 3-year window, ICICI Prudential Medium Term Bond Fund - Growth has delivered a CAGR of 7.75% — +4.58 pp ahead of the Medium Duration Fund category average of 3.18%. The fund ranks #3 of 31 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ICICI Prudential Medium Term Bond Fund - Growth has delivered a CAGR of 6.77% — +4.13 pp ahead of the Medium Duration Fund category average of 2.64%. The fund ranks #3 of 31 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Medium Term Bond Fund - Growth exactly 10 years ago would be worth approximately ₹202,024 today — a multiplier of 2.02×, based on the 10-year CAGR of 7.29%. The category average over the same window would have grown ₹1 lakh to ₹135,875.

A ₹10,000 monthly SIP in ICICI Prudential Medium Term Bond Fund - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹724,859 today. That's an XIRR (money-weighted annualised return) of 7.49%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Medium Term Bond Fund - Growth = ₹1,200,000 invested. It would currently be worth ₹1,744,583 (multiplier 1.45×). XIRR: 7.27%. 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 - Growth ranks #3 out of 31 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 2.64%; this fund delivered 6.77%.

The worst peak-to-trough decline ICICI Prudential Medium Term Bond Fund - Growth has experienced over the last 5-year window is 1.22% — its NAV fell from a high on 31 Mar 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 - Growth averaged 7.74% (best 9.40%, worst 6.43%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.06 — weak risk-adjusted performance.

In calendar year 2025, ICICI Prudential Medium Term Bond Fund - Growth returned 8.97% — beating the Medium Duration Fund category average of 3.35% by 5.63 pp. It ranked #2 of 20 in its category that year.

ICICI Prudential Medium Term Bond Fund - 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 - 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: 6.77%.

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 - 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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