ICICI Prudential Gilt Fund Direct Growth
DebtGovernment BondLow to Moderate Risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹7,347 Cr
Expense Ratio
0.56%
ISIN
INF109K018C5
Minimum SIP
₹5,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹111.18, Assets Under Management (AUM) of 7347.01 Crores, and an expense ratio of 0.56%.
- ICICI Prudential Gilt Fund Direct Growth has given a CAGR return of 8.78% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 70.23% in debts, and 29.77% in cash & cash equivalents.
- You can start investing in ICICI Prudential Gilt Fund Direct Growth with a SIP of ₹5000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+10.25%
+9.10% (Cat Avg.)
3 Years
+9.59%
+8.12% (Cat Avg.)
5 Years
+7.11%
+5.77% (Cat Avg.)
10 Years
+8.88%
+7.02% (Cat Avg.)
Since Inception
+8.78%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Debt | ₹5,159.89 Cr | 70.23% |
| Others | ₹2,187.13 Cr | 29.77% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹1,795.11 Cr | 24.43% |
| Treps | Cash - Repurchase Agreement | ₹1,382.45 Cr | 18.82% |
| 7.81% Govt Stock 2033 | Bond - Gov't/Treasury | ₹977.14 Cr | 13.30% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹841.31 Cr | 11.45% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹668.02 Cr | 9.09% |
| 182 DTB 10072025 | Bond - Gov't/Treasury | ₹397.62 Cr | 5.41% |
| 7.23% Maharashtra Sdl-04/09/2035 | Bond - Gov't/Treasury | ₹222.2 Cr | 3.02% |
| 182 DTB 24072025 | Bond - Gov't/Treasury | ₹198.38 Cr | 2.70% |
| 7.14% Maharashtra SDL 2039 | Bond - Gov't/Treasury | ₹186.8 Cr | 2.54% |
| 6.9% Govt Stock 2065 | Bond - Gov't/Treasury | ₹151.01 Cr | 2.06% |
| 91 Days Tbill Red 12-06-2025 | Bond - Gov't/Treasury | ₹99.83 Cr | 1.36% |
| 07.32% Chattisgarh Sdl | Bond - Gov't/Treasury | ₹87 Cr | 1.18% |
| 6.99% Govt Stock 2034 | Bond - Gov't/Treasury | ₹76.56 Cr | 1.04% |
| 7.13% Karnataka SDL - 20-Aug-2034 | Bond - Gov't/Treasury | ₹75.63 Cr | 1.03% |
| 364 DTB 03072025 | Bond - Gov't/Treasury | ₹69.66 Cr | 0.95% |
| 7.09% Govt Stock 2074 | Bond - Gov't/Treasury | ₹51.51 Cr | 0.70% |
| Net Current Assets | Cash | ₹39.19 Cr | 0.53% |
| 7.29% Westbengal Sgs Mat - 26/06/39 | Bond - Gov't/Treasury | ₹27.14 Cr | 0.37% |
| 6.92% Govt Stock 2039 | Bond - Gov't/Treasury | ₹0.48 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹5,925.38 Cr | 80.65% |
| Cash - Repurchase Agreement | ₹1,382.45 Cr | 18.82% |
| Cash | ₹39.19 Cr | 0.53% |
| Bond - Sub-sovereign Government Debt | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
1.61%
Cat. avg.
2.55%
Lower the better
Sharpe Ratio
This fund
1.57
Cat. avg.
0.70
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.32
Higher the better
Fund Managers
Manish Banthia
Since January 2024
Raunak Surana
Since January 2024
Additional Scheme Detailsas of 31st May 2025
ISIN | INF109K018C5 | Expense Ratio | 0.56% | Exit Load | No Charges | Fund Size | ₹7,347 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY All Duration G-Sec TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Government Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Groww Gilt Fund Direct Growth Moderate Risk | 0.5% | 0.0% | - | - |
| Groww Gilt Fund Regular Growth Moderate Risk | 1.5% | 0.0% | - | - |
| Bajaj Finserv Gilt Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹43.89 Cr | - |
| Bajaj Finserv Gilt Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹43.89 Cr | - |
| UTI Nifty 5 Yr Benchmark G-Sec ETF Moderate Risk | 0.2% | - | ₹24.72 Cr | 10.8% |
| LIC MF Gilt Fund Direct Growth Moderate Risk | 0.8% | 0.0% | ₹92.25 Cr | 7.9% |
| ICICI Prudential Gilt Fund Direct Growth Low to Moderate Risk | 0.6% | 0.0% | ₹7347.01 Cr | 10.3% |
| HSBC Gilt Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹295.44 Cr | 8.6% |
| Bandhan Government Securities Fund Investment Plan Direct Growth Moderate Risk | 0.5% | 0.0% | ₹3431.61 Cr | 7.1% |
| Nippon India Gilt Securities Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹2068.13 Cr | 8.7% |
About the AMC
Total AUM
₹9,45,300 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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Who manages the ICICI Prudential Gilt Fund Direct Growth?
- Manish Banthia
- Raunak Surana
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