ICICI Prudential Constant Maturity Gilt Fund Direct-Growth

Q: What are the returns of ICICI Prudential Constant Maturity Gilt Fund?

The ICICI Prudential Constant Maturity Gilt Fund is a 10 yrs 11 m old fund and has delivered average annual returns of 8.99% since inception. ICICI Prudential Constant Maturity Gilt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 11.13% 9.22% 6.22% 8.73% 8.99%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹25.5599+0.08% 1 day change	8.99% p.a.	#NA View Ranked Funds	₹2,551 Cr

Historical NAV & returns

NAV: ₹25.5599 as on Jul 21, 2025

This fund Category average

ICICI Prudential Constant Maturity Gilt Fund overview

Expense ratio	0.24% as on May 31, 2025
Exit load	0% Exit load of 0.25% if redeemed within 1 month.!
AUM (Fund size)	₹2,551 Cr
Lock-in Period	Nil
Age	10 yrs 11 m since Aug 25, 2014
Benchmark	Crisil 10-Year Gilt
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

ICICI Prudential Constant Maturity Gilt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	0.54%	0.56%
3 Months	1.27%	1.09%
6 Months	6.05%	5.78%
1 Year	11.13%	10.8%
2 Years	9.19%	9.15%
3 Years	9.22%	9.2%
4 Years	6.85%	6.8%
5 Years	6.22%	6.03%
7 Years	8.85%	8.71%
10 Years	8.73%	8.68%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 96.92167663%

Cash & Call Money 3.0783233%

Top Debt Holdings

GOI 96.93%

Allocation by Instruments

GOI Securities 96.92167663%

Net Current Assets 1.5950747%

Repo 1.4832486%

Other Holdings

Others 1.6%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Constant Maturity Gilt Fund	N.A.	2,551 Cr	10 yrs 11 m	0.24%
SBI Magnum Constant Maturity Fund	N.A.	1,944 Cr	12 yrs 6 m	0.31%
Bandhan Government Securities Fund Constant Maturity Plan	N.A.	372 Cr	12 yrs 6 m	0.14%
UTI Gilt Fund with 10 year Constant Duration	N.A.	176 Cr	3 yrs	0.22%

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Constant Maturity Gilt Fund	0.54%	6.05%	11.13%	9.22%	6.22%	8.73%
SBI Magnum Constant Maturity Fund	0.56%	5.57%	10.54%	9.12%	6.05%	8.6%
Bandhan Government Securities Fund Constant Maturity Plan	0.64%	5.9%	10.89%	9.25%	5.82%	8.71%
UTI Gilt Fund with 10 year Constant Duration	0.51%	5.58%	10.62%	8.67%	5.11%	2.52%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Constant Maturity Gilt Fund	2.6	0.73	1.0	1.79
SBI Magnum Constant Maturity Fund	2.65	0.76	0.94	1.65
Bandhan Government Securities Fund Constant Maturity Plan	2.69	0.77	0.97	1.64
UTI Gilt Fund with 10 year Constant Duration	N.A.	N.A.	N.A.	N.A.

View all Gilt With 10 Year Constant Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.5 vs. 1.81 Underperformed at beating benchmark
Sharpe	1.0 vs. 3.02 Poor risk-adjusted returns
Beta	0.73 vs. 0.7 More sensitive to market's ups & downs
Standard deviation	2.6 vs. 1.32 More volatile performance

Compare ICICI Prudential Constant Maturity Gilt Fund in detail with

About this fund

About ICICI Prudential Constant Maturity Gilt Fund

ICICI Prudential Constant Maturity Gilt Fund Direct-Growth is a Gilt with 10 year Constant Duration mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 10 yrs 11 m, having been launched on 25/08/2014. ICICI Prudential Constant Maturity Gilt Fund Direct-Growth has ₹2,551 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Constant Maturity Gilt Fund Direct-Growth as of 21/07/2025 is ₹25.56. The fund has an expense ratio of 0.24%, which is close to what most other Gilt With 10 Year Constant Duration funds charge.

ICICI Prudential Constant Maturity Gilt Fund Direct-Growth returns of last 1-year are 11.11%. Since launch, it has delivered 9.02% average annual returns. The fund has doubled the money invested in it every 9 yrs.
ICICI Prudential Constant Maturity Gilt Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI.

...

Fund AUM	2,551 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Manish Banthia

Mr. Banthia is B.Com, CA and MBA 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.

Raunak Surana

Mr. Surana has done B.Com, CA and CFA Prior to joining ICICI Pru Mutual Fund, he has worked with Patni & Co.

Investment objective

The scheme seeks to generate income primarily by investing in portfolio of Government Securities while maintaining Macaulay duration of the portfolio around 10 years.

ICICI Prudential Mutual Fund details

No. of schemes	97 view all schemes
Total AUM	9,83,726 Cr as on Jun 30, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
ICICI Prudential Income Plus Arbitrage Active FoF	N.A.	594 Cr	7.95%	12.84%
ICICI Prudential Gilt Fund	N.A.	7,347 Cr	10.27%	9.4%
ICICI Prudential Long Term Bond Fund	N.A.	1,230 Cr	10.65%	9.35%
ICICI Prudential All Seasons Bond Fund	N.A.	14,981 Cr	10.22%	9.14%
ICICI Prudential Bond Fund	N.A.	2,889 Cr	10.35%	8.93%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Constant Maturity Gilt Fund?

The current Net Asset Value (NAV) of the ICICI Prudential Constant Maturity Gilt Fund - Direct Growth plan is approximately ₹25.5599 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The ICICI Prudential Constant Maturity Gilt Fund is a 10 yrs 11 m old fund and has delivered average annual returns of 8.99% since inception.

ICICI Prudential Constant Maturity Gilt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
11.13%	9.22%	6.22%	8.73%	8.99%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Constant Maturity Gilt Fund - Direct Growth has an expense ratio of 0.24%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The ICICI Prudential Constant Maturity Gilt Fund currently has assets under management (AUM) or fund size valued at approximately 2,551 Cr as on May 31, 2025.

To whom does ICICI Prudential Constant Maturity Gilt Fund lend to?

The top 3 debt holdings of ICICI Prudential Constant Maturity Gilt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	96.93%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The ICICI Prudential Constant Maturity Gilt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	96.92167663%
Cash & Call Money	3.0783233%

What is risk level of ICICI Prudential Constant Maturity Gilt Fund?

This is a Gilt With 10 Year Constant Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in ICICI Prudential Constant Maturity Gilt Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ICICI Prudential Constant Maturity Gilt Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in ICICI Prudential Constant Maturity Gilt Fund is complete.

How can I redeem my investments in ICICI Prudential Constant Maturity Gilt Fund?

Redeeming your investments in ICICI Prudential Constant Maturity Gilt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in ICICI Prudential Constant Maturity Gilt Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Gilt with 10 year Constant Duration

#NA

Return Outperformance: This fund has generated highest return amongst Gilt with 10 year Constant Duration funds in the last 10 Years.
Age: This is the 3rd oldest Gilt with 10 year Constant Duration fund.
Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Gilt with 10 year Constant Duration funds.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.