ICICI Prudential Gilt Fund Direct Growth

ICICI Prudential Gilt Fund Direct Growth

NAV as on 21-04-2025

₹ 110.43

0.4%

1D

Inception Returns

8.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
614 people have invested ₹ 6Cr 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 ₹6975 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 8.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.96%, 9.02% and 7.72% 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, 7.81% Govt Stock 2033, 7.12% Maharashtra SDL 2038, 7.14% Maharashtra SDL 2039

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
NIFTY All Duration G-Sec TR INR
AUM₹6975 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 (21-Apr-25)

Period
ICICI Prudential Gilt Fund Direct Growth
Government Bond Index
1M
2.4%
2.2%
3M
4.3%
3.9%
6M
6.2%
4.7%
1Y
12%
10.7%
3Y
9%
7.6%
5Y
7.7%
6.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Government
96.4%
Cash Equivalent
3.6%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 7.1K Cr
₹ 6.4K Cr
₹ 6.6K Cr
  • AUM of the fund stands at 7.1K Cr as of Mar'25
  • AUM increased by 776.8 Cr between Mar'25 and Feb'25
Debt allocation has gone up from 83.2% to 96.4%
Debt allocation has gone up from 83.2% to 96.4%
Cash allocation has gone down from 16.8% to 3.6%
Cash allocation has gone down from 16.8% to 3.6%

Top Sector in March was Government

Mar'25
Government
96%
Feb'25
Government
83%
  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
47.09%
67.2%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
18.88%
-1.5%
7.81% Govt Stock 2033
7.81% Govt Stock 2033
13.98%
0%
7.12% Maharashtra SDL 2038
7.12% Maharashtra SDL 2038
3.16%
0%
7.14% Maharashtra SDL 2039
7.14% Maharashtra SDL 2039
2.66%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
ICICI Prudential Gilt Fund Direct Growth
ICICI Prudential Gilt Fund Direct Growth
11.96%
9.02%
7.72%
8.83%
DSP Gilt Fund Direct Plan Growth
DSP Gilt Fund Direct Plan Growth
13.23%
8.97%
7.57%
8.52%
Kotak Gilt-Investment Fund Provident Fund and Trust - Growth - Direct
Kotak Gilt-Investment Fund Provident Fund and Trust - Growth - Direct
12.8%
8.93%
7.33%
8.56%
SBI Magnum Gilt Fund Direct Growth
SBI Magnum Gilt Fund Direct Growth
12.67%
9.13%
7.53%
9.49%
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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
₹8.04L Cr
as on 31-Mar-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, Baroda BNP Paribas Gilt Fund Direct Growth Option has given 12.35% return, outperforming this fund by 0.97%.
Insights icon
In the last 3 years, SBI Magnum Gilt Fund Direct Growth has given 9.05% return, outperforming this fund by 0.1% per annum.
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%.
Insights icon
Over the last 1 month, this fund has experienced a 8.9% growth in AUM moving from 6.40K Cr to 6.97K Cr.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.

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 8.83% since inception which is more than its category average return of 7.15%
AUM size ₹6975 Cr

AUM size ₹6975 Cr

This fund has AUM of ₹6975 Cr which is more than its category average of ₹ 2197 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%

Frequently Asked Questions for ICICI Prudential Gilt Fund Direct Growth

The current NAV of ICICI Prudential Gilt Fund Direct Growth is ₹110.43 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
ICICI Prudential Gilt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.42%
2.42%
6 Month Returns
6.2%
6.2%
1 Year Returns
11.96%
11.96%
3 Years Returns
29.58%
9.02%
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
₹6975 Cr as on March 2025
7.1% Govt Stock 2034(47.09%), 7.34% Govt Stock 2064(18.88%), 7.81% Govt Stock 2033(13.98%), 7.12% Maharashtra SDL 2038(3.16%), 7.14% Maharashtra SDL 2039(2.66%) as on March 2025
Yield to Maturity is 6.94 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 7.06 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%