ICICI Prudential Gilt Fund Direct Growth

ICICI Prudential Gilt Fund Direct Growth

NAV as on 28-03-2025

₹ 108.42

0.2%

1D

Inception Returns

8.7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
559 people have invested ₹ 4Cr in ICICI Prudential Gilt Fund Direct Growth in the last three months

About ICICI Prudential Gilt Fund Direct Growth

ICICI Prudential Gilt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Manish Banthia. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Gilt Fund Direct Growth has ₹6406 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

ICICI Prudential Gilt Fund Direct Growth has given a CAGR return of 8.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.23%, 8.35% and 7.64% respectively.

Holdings

ICICI Prudential Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.34% Govt Stock 2064, 7.93% Govt Stock 2033, 7.3% Govt Stock 2028, 7.12% Maharashtra SDL 2038

Taxation

As it is a government bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of ICICI Prudential Gilt Fund Direct Growth

To generate income primarily through investment in Gilts of various maturities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. ICICI Prudential Gilt Fund Direct Growth has no lock in period.

ICICI Prudential Gilt Fund Direct Growth Overview

Expense ratio0.56%
Benchmark
ICICI Securities Mibex TR INR
AUM₹6406 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
148.01%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (28-Mar-25)

Period
ICICI Prudential Gilt Fund Direct Growth
Government Bond Index
1M
1.8%
1.4%
3M
3%
2.2%
6M
4.5%
2.8%
1Y
9.2%
8%
3Y
8.3%
6.6%
5Y
7.6%
6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Government
83.2%
Cash Equivalent
16.8%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 6.4K Cr
₹ 6.6K Cr
₹ 6.8K Cr
  • AUM of the fund stands at 6.4K Cr as of Feb'25
  • AUM decreased by 219.3 Cr between Feb'25 and Jan'25
Cash allocation has gone down from 41.3% to 16.8%
Cash allocation has gone down from 41.3% to 16.8%
Debt allocation has gone up from 58.7% to 83.2%
Debt allocation has gone up from 58.7% to 83.2%

Top Sector in February was Government

Feb'25
Government
83%
Jan'25
Government
59%
  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
32.92%
-12.7%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
21.23%
0%
7.93% Govt Stock 2033
7.93% Govt Stock 2033
15.11%
0%
7.3% Govt Stock 2028
7.3% Govt Stock 2028
6.67%
100%
7.12% Maharashtra SDL 2038
7.12% Maharashtra SDL 2038
3.34%
0%
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Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Gilt Fund Direct Growth, since 22 January 2024
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.37L Cr
as on 28-Feb-2025
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com

Mutual Fund Insights

Insights icon
In the last 1 year, Axis Gilt Fund Direct Plan Growth Option has given 10.17% return, outperforming this fund by 0.94%.
Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
This fund expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.56% which is lower than the category average expense ratio of 0.8%.

ICICI Prudential Gilt Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.72% since inception which is more than its category average return of 6.86%
AUM size ₹6406 Cr

AUM size ₹6406 Cr

This fund has AUM of ₹6406 Cr which is more than its category average of ₹ 2210 Cr
Expense Ratio 0.56%

Expense Ratio 0.56%

This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 0.85%

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5Y CAGR

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ICICI Prudential Constant Maturity Gilt Direct Growth

5Y CAGR

▲ 6.81

ICICI Prudential Nifty G-Sec Dec 2030 Index Fund Direct Growth

ICICI Prudential Nifty G-Sec Dec 2030 Index Fund Direct Growth

1Y CAGR

▲ 9.54

ICICI Prudential All Seasons Bond Fund Direct Plan Growth

ICICI Prudential All Seasons Bond Fund Direct Plan Growth

5Y CAGR

▲ 7.91

ICICI Prudential Bond Fund Direct Plan Growth

ICICI Prudential Bond Fund Direct Plan Growth

5Y CAGR

▲ 7.26

Frequently Asked Questions for ICICI Prudential Gilt Fund Direct Growth

The current NAV of ICICI Prudential Gilt Fund Direct Growth is ₹108.42 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
ICICI Prudential Gilt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.82%
1.82%
6 Month Returns
4.52%
4.52%
1 Year Returns
9.23%
9.23%
3 Years Returns
27.18%
8.35%
5 Years Returns
44.5%
7.64%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.56% as on March 2025
₹6406 Cr as on March 2025
7.1% Govt Stock 2034(32.92%), 7.34% Govt Stock 2064(21.23%), 7.93% Govt Stock 2033(15.11%), 7.3% Govt Stock 2028(6.67%), 7.12% Maharashtra SDL 2038(3.34%) as on March 2025
Yield to Maturity is 7.05 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 5.31 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Manish Banthia is the fund manager of ICICI Prudential Gilt Fund Direct Growth
The Exit load of ICICI Prudential Gilt Fund Direct Growth is 0%