June 6, 2025
mayank
ICICI Prudential Medium Term Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 38.5945
NAV IDCW Yearly: Rs 14.1069
Suitable For Which Investors?
“Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.”
Fund’s Investment Strategy:
The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.
Fund Manager:
1) Akhil Kakkar
Education: Mr. Kakkar is B.Tech (IIT Roorkee) and PGDM (Finance)
Experience: Prior to Joining ICICI Prudential Mutual Fund he has worked with Kotak Mahindra Bank in Debt Capital Markets, SBI Capital Markets in Project Advisory & Structured Finance and Goldman Sachs Services Pvt Ltd as Analyst Developer.
2) Manish Banthia
Education: Mr. Banthia is B.Com, CA and MBA
Experience: He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC – Fixed Income Investments – Aug 2007 to Oct 2009, ICICI Prudential AMC – New Product Development – Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. – From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. – From May 2004 to May 2005.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details of ICICI Prudential Medium Term Bond Fund
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.63% |
| Benchmark | NIFTY Medium Duration Debt Index A-III |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 5,732 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.74% |
| (As on 31-May-2025) | |
| Risk Grade | Low |
| Return Grade | Above Average |
Trailing Returns (%) OF ICICI Prudential Medium Term Bond Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru Medium Term Bond Dir | 5.31 | 0.10 | 1.09 | 3.85 | 5.59 | 10.71 | 8.83 | 8.17 | 8.29 | 8.38 |
| VR Bond | 4.20 | 0.01 | 0.51 | 3.31 | 4.37 | 8.96 | 7.93 | 5.68 | 6.58 | 6.59 |
| Debt: Medium Duration | 5.45 | 0.05 | 1.01 | 3.99 | 5.66 | 10.97 | 9.00 | 7.95 | 7.20 | 7.88 |
| Rank within category | 7 | 2 | 4 | 10 | 5 | 6 | 4 | 3 | 3 | 3 |
| Number of funds in category | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 12 | 12 | 10 |
Peer Comparison OF ICICI Prudential Medium Term Bond Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| ICICI Pru Medium Term Bond Dir | 4 star | 10.71 | 8.83 | 8.17 | 0.74 | 5,732 | 8.63 | 1.00 (365) | 12Y 5M |
| Axis Strategic Bond Dir | 4 star | 10.92 | 8.99 | 8.05 | 0.55 | 1,930 | 8.77 | 1.00 (365) | 12Y 5M |
| HSBC Medium Duration Dir | 4 star | 10.88 | 8.85 | 8.12 | 0.40 | 649 | 8.10 | — | 10Y 4M |
| SBI Magnum Medium Duration Dir | 3 star | 10.45 | 8.65 | 7.43 | 0.71 | 6,605 | 9.09 | 1.00 (90) | 12Y 5M |
| HDFC Medium Term Debt Dir | 3 star | 10.53 | 8.59 | 7.8 | 0.66 | 3,841 | 8.32 | — | 12Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 85 | 40 |
| Macaulay Duration (yrs) | 3.63 | 3.78 |
| Average Maturity (yrs) | 5.44 | 5.17 |
| Yield to Maturity (%) | 7.75 | 7.22 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For ICICI Prudential Medium Term Bond Fund
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