Should I invest in ICICI Prudential Short Term Gilt Fund?

We don't give personal investment advice. ICICI Prudential Short Term Gilt 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: 6.0%. 5-year CAGR: 7.77%.

ICICI Prudential

ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth

Latest NAV

₹44.6880

As of

25 May 2018

1,297 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	+0.11%	+0.07%	+0.04	3 / 28	Q1
1W	+0.23%	+0.11%	+0.12	2 / 28	Q1
2W	-0.13%	+0.47%	-0.60	27 / 28	Q4
1M	+0.03%	+0.06%	-0.04	17 / 28	Q3
3M	+0.46%	-0.31%	+0.77	5 / 28	Q1
6M	+0.16%	+0.69%	-0.52	17 / 28	Q3
YTD	+0.53%	+0.17%	+0.37	9 / 28	Q2
1Y	+4.00%	-0.15%	+4.16	2 / 28	Q1
2Y	+6.86%	+5.18%	+1.68	3 / 26	Q1
3Y	+8.03%	+6.21%	+1.82	3 / 26	Q1
4Y	+8.78%	+6.93%	+1.85	2 / 23	Q1
5Y	+7.77%	+5.79%	+1.99	2 / 23	Q1
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+8.50%	+7.03%	+1.47	5 / 28	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
2018 YTD	+0.53%	+6.33%	-5.80	23 / 23
2017	+5.17%	+2.44%	+2.73	2 / 23
2016	+12.42%	+16.47%	-4.05	21 / 21
2015	+8.93%	+5.88%	+3.05	1 / 3
2014	+12.18%	+11.51%	+0.67	2 / 3
2013	+6.38%	+3.76%	+2.62	1 / 2

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

+9.29%

54 windows

min 3.7% · max 14.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+9.87%

30 windows

min 8.0% · max 11.9%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+8.47%

5 windows

min 7.8% · max 8.9%

100% positive

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

7-Year rolling

—

Insufficient history

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

2.84%

3-year · annualised

Sharpe ratio

0.45

vs risk-free 6.5%

Sortino ratio

1.29

Downside-only deviation

Max drawdown

-1.82%

Apr 2018 → May 2018

% positive months

83.3%

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 - Growth Option - Direct Plan	HDFC	₹58.9314	3 Jun 2026
Nippon India Gilt Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹43.1241	3 Jun 2026
SBI GILT FUND - DIRECT PLAN - GROWTH	SBI	₹71.2927	3 Jun 2026
ICICI Prudential Gilt Fund - Direct Plan - Growth	ICICI Prudential	₹113.6082	3 Jun 2026
Invesco India Gilt Fund - Direct Plan - Growth	Invesco	₹3,136.7839	3 Jun 2026
Bandhan Gilt Fund - Direct Plan - Growth	Bandhan	₹39.4902	3 Jun 2026
quant Gilt Fund - Growth Option - Direct Plan	Quant	₹12.2761	3 Jun 2026
Aditya Birla Sun Life Government Securities Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹86.1209	3 Jun 2026
Franklin India Government Securities Fund - Direct - Growth	Franklin India	₹66.2016	3 Jun 2026
Kotak Gilt-Investment Provident Fund and Trust-Growth - Direct	Kotak	₹111.0559	3 Jun 2026

Recent NAVs

Date	NAV
25 May 2018	₹44.6880
24 May 2018	₹44.6405
23 May 2018	₹44.6475
22 May 2018	₹44.6527
21 May 2018	₹44.6180
18 May 2018	₹44.5850
17 May 2018	₹44.5669
16 May 2018	₹44.5612
15 May 2018	₹44.6235
14 May 2018	₹44.7123

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 25 May 2018, the NAV of ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth is ₹44.6880. It's a Gilt Fund from ICICI Prudential, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth has NAV history starting from 03 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 Short Term Gilt Fund - Direct Plan - Growth 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 Short Term Gilt Fund - Direct Plan - Growth has delivered a absolute return of 4.00% — +4.16 pp ahead of the Gilt Fund category average of -0.15%. The fund ranks #2 of 28 in its category — the top (Q1) quartile.

Over the trailing 3-year window, ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth has delivered a CAGR of 8.03% — +1.82 pp ahead of the Gilt Fund category average of 6.21%. The fund ranks #3 of 26 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth has delivered a CAGR of 7.77% — +1.99 pp ahead of the Gilt Fund category average of 5.79%. The fund ranks #2 of 23 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth exactly 5 years ago would be worth approximately ₹145,384 today — a multiplier of 1.45×, based on the 5-year CAGR of 7.77%. The category average over the same window would have grown ₹1 lakh to ₹132,477.

A ₹10,000 monthly SIP in ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹731,989 today. That's an XIRR (money-weighted annualised return) of 7.88%.

ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹731,989 — XIRR 7.88%.

On a 5-year basis, ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth ranks #2 out of 23 funds in the Gilt Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 5.79%; this fund delivered 7.77%.

The worst peak-to-trough decline ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth has experienced over the last 5-year window is 6.03% — its NAV fell from a high on 06 Jun 2013 to a low on 19 Aug 2013. 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 Short Term Gilt Fund - Direct Plan - Growth averaged 8.47% (best 8.90%, worst 7.77%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.34 — weak risk-adjusted performance.

In calendar year 2017, ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth returned 5.17% — beating the Gilt Fund category average of 2.44% by 2.73 pp. It ranked #2 of 23 in its category that year.

ICICI Prudential Short Term Gilt 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 Short Term Gilt 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: 6.0%. 5-year CAGR: 7.77%.

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

ICICI Prudential Short Term Gilt Fund - Direct Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Gilt Fund

Recent NAVs

Frequently asked questions

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