Baroda BNP Paribas NIFTY SDL December 2028 Index Fund vs ICICI Prudential Nifty SDL Dec 2028 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund is a mutual fund and ICICI Prudential Nifty SDL Dec 2028 Index Fund is an Index fund. In the 3 years to 30-10-2026, Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct) returned 7.4% a year and ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct) returned 7.4% a year. Baroda BNP Paribas NIFTY SDL December 2028 Index Fund charges 0.23% a year and ICICI Prudential Nifty SDL Dec 2028 Index Fund 0.19% (Direct plans). Their portfolios overlap 19.3%: they hold 6 of the same securities.
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund
- 3 year return
- 7.4%
- Expense ratio
- 0.23%
- NAV
- ₹12.89
ICICI Prudential Nifty SDL Dec 2028 Index Fund
Index
- 3 year return
- 7.4%
- Expense ratio
- 0.19%
- NAV
- ₹13.37
Which is better, Baroda BNP Paribas NIFTY SDL December 2028 Index or ICICI Prudential Nifty SDL Dec 2028 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Nifty SDL Dec 2028 Index returned more over 3 years: 7.4% a year against 7.4%.
- ICICI Prudential Nifty SDL Dec 2028 Index returned more over 1 year: 4.0% against 4.0%.
- ICICI Prudential Nifty SDL Dec 2028 Index costs less: 0.19% a year against 0.23% (Direct plans).
- ICICI Prudential Nifty SDL Dec 2028 Index swung less over 3 years: a standard deviation of 1.5% a year against 1.6%.
- ICICI Prudential Nifty SDL Dec 2028 Index fell less in its worst fall since 27-03-2023: −1.2% against −1.2%.
- ICICI Prudential Nifty SDL Dec 2028 Index is the larger fund: ₹899 Cr against ₹100 Cr.
- Their portfolios overlap 19.3%: 6 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Baroda BNP Paribas NIFTY SDL December 2028 Index Fund | ICICI Prudential Nifty SDL Dec 2028 Index Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Not available | Index |
| AUM | ₹100 Cr (30-09-2026) | ₹899 Cr (30-09-2026) |
| NAV | ₹12.89 (Direct) | ₹13.37 (Direct) |
| Expense ratio (Direct) | 0.23% | 0.19% |
| Expense ratio (Regular) | 0.52% | 0.36% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Nifty SDL Dec 2028 Index |
| Launch date | Not available | 12-10-2022 |
| Minimum investment | Not available | ₹1,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Darshil Dedhia, Rohit Lakhotia |
| Exit load | Not available | Nil |
Baroda BNP Paribas NIFTY SDL December 2028 Index vs ICICI Prudential Nifty SDL Dec 2028 Index: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct) | −0.20% | +0.02% | +2.24% | +4.02% | +7.36% | -- | -- |
| ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct) | −0.21% | −0.04% | +2.21% | +4.03% | +7.40% | -- | -- |
Baroda BNP Paribas NIFTY SDL December 2028 Index vs ICICI Prudential Nifty SDL Dec 2028 Index: Year-wise Returns
| Year | Baroda BNP Paribas NIFTY SDL DecemberBaroda BNP Paribas NIFTY SDL December 2028 Index | ICICI Prudential Nifty SDL DecICICI Prudential Nifty SDL Dec 2028 Index |
|---|---|---|
| 2026to date | +2.84% | +2.83% |
| 2025 | +8.61% | +8.61% |
| 2024 | +8.59% | +8.69% |
| 2023 | -- | +7.63% |
Baroda BNP Paribas NIFTY SDL December 2028 Index vs ICICI Prudential Nifty SDL Dec 2028 Index: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 144 of them, one for each trading day from 27-03-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct)
ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct)
to
Apr 2026May 2023
to
May 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas NIFTY SDL December 2028 Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.5% | 7.0% | 8.0% |
| ICICI Prudential Nifty SDL Dec 2028 Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.5% | 7.0% | 8.1% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 27-03-2023. Past returns do not promise future returns.
Baroda BNP Paribas NIFTY SDL December 2028 Index vs ICICI Prudential Nifty SDL Dec 2028 Index: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 27-03-2023 to 30-10-2026: 44 instalments, ₹4,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Baroda BNP Paribas NIFTY SDL December 2028 IndexBaroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct) | ₹4,40,000 | ₹4,94,775 | ₹54,775 | 6.4% |
| ICICI Prudential Nifty SDL Dec 2028 IndexICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct) | ₹4,40,000 | ₹4,95,076 | ₹55,076 | 6.4% |
Baroda BNP Paribas NIFTY SDL December 2028 IndexBaroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct)
ICICI Prudential Nifty SDL Dec 2028 IndexICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Baroda BNP Paribas NIFTY SDL December 2028 Index vs ICICI Prudential Nifty SDL Dec 2028 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct) | ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.02% | +4.03% |
| Standard deviation | 1.54% | 1.52% |
| Sharpe ratio | -0.79 | -0.80 |
| Sortino ratio | -1.04 | -1.04 |
| Maximum drawdown | −1.1% (02-04-2026) | −1.1% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct) | ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.36% | +7.40% |
| Standard deviation | 1.56% | 1.53% |
| Sharpe ratio | 0.86 | 0.89 |
| Sortino ratio | 1.28 | 1.33 |
| Maximum drawdown | −1.2% (29-08-2025) | −1.2% (29-08-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct) | ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.29% | +7.45% |
| Standard deviation | 1.60% | 1.66% |
| Sharpe ratio | 0.71 | 0.77 |
| Sortino ratio | 1.09 | 1.18 |
| Maximum drawdown | −1.2% (29-08-2025) | −1.2% (29-08-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 27-03-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct)
ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct) | −1.2% | 04-08-2025 | 29-08-2025 | 07-10-2025 | 39 days | −0.5% |
| ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct) | −1.2% | 04-08-2025 | 29-08-2025 | 06-10-2025 | 38 days | −0.5% |
From daily values since 27-03-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct)
ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (Direct)
ICICI Prudential Nifty SDL Dec 2028 Index Fund (Direct)
Baroda BNP Paribas NIFTY SDL December 2028 Index vs ICICI Prudential Nifty SDL Dec 2028 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas NIFTY SDL December 2028 Index Fund, September 2026; ICICI Prudential Nifty SDL Dec 2028 Index Fund, September 2026
Holdings in common
- Overlap
- 19.3%
- Held by both
- 6
- Only in Baroda BNP Paribas NIFTY SDL December 2028 Index
- 0
- Only in ICICI Prudential Nifty SDL Dec 2028 Index
- 31
| Security | % of Baroda BNP Paribas NIFTY SDL December 2028 Index | % of ICICI Prudential Nifty SDL Dec 2028 Index |
|---|---|---|
| 8.08% State Government Securities (26/12/2028) | 8.23% | 10.57% |
| 8.36% State Government Securities (12/12/2028) | 40.84% | 3.41% |
| 8.08% State Government Securities (26/12/2028) | 34.15% | 2.72% |
| 8.08% State Government Securities (26/12/2028) | 2.59% | 3.98% |
| 8.08% State Government Securities (26/12/2028) | 5.98% | 1.73% |
| 8.53% State Government Securities (20/11/2028) | 5.12% | 0.57% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 19.3% means 19.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Baroda BNP Paribas NIFTY SDL December 2028 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in ICICI Prudential Nifty SDL Dec 2028 Index Fund
| Security | % of fund |
|---|---|
| State Government of Tamil Nadu | 16.34% |
| State Government of Rajasthan | 9.05% |
| State Government of Kerala | 6.20% |
| State Government of Uttar Pradesh | 5.72% |
| State Government of Gujarat | 3.97% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas NIFTY SDL December 2028 Index | ICICI Prudential Nifty SDL Dec 2028 Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.9% | 97.4% |
| Cash and others | 3.1% | 2.6% |
Baroda BNP Paribas NIFTY SDL December 2028 Index vs ICICI Prudential Nifty SDL Dec 2028 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas NIFTY SDL December 2028 Index Fund | ICICI Prudential Nifty SDL Dec 2028 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.23% | 0.19% |
| Base expense ratio (Direct) | 0.17% | 0.16% |
| Total expense ratio (Regular) | 0.52% | 0.36% |
| Base expense ratio (Regular) | 0.41% | 0.30% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund vs ICICI Prudential Nifty SDL Dec 2028 Index Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas NIFTY SDL December 2028 Index Fund and ICICI Prudential Nifty SDL Dec 2028 Index Fund?
Baroda BNP Paribas NIFTY SDL December 2028 Index Fund is a mutual fund, ICICI Prudential Nifty SDL Dec 2028 Index Fund is an Index fund, run by Baroda BNP Paribas Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 19.3%. Baroda BNP Paribas NIFTY SDL December 2028 Index Fund charges 0.23% a year and ICICI Prudential Nifty SDL Dec 2028 Index Fund 0.19%.
Which has given higher returns, Baroda BNP Paribas NIFTY SDL December 2028 Index Fund or ICICI Prudential Nifty SDL Dec 2028 Index Fund?
Over 1 year: Baroda BNP Paribas NIFTY SDL December 2028 Index Fund +4.02%, ICICI Prudential Nifty SDL Dec 2028 Index Fund +4.03%. Over 3 years: Baroda BNP Paribas NIFTY SDL December 2028 Index Fund +7.36% a year, ICICI Prudential Nifty SDL Dec 2028 Index Fund +7.40% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Baroda BNP Paribas NIFTY SDL December 2028 Index Fund or ICICI Prudential Nifty SDL Dec 2028 Index Fund?
ICICI Prudential Nifty SDL Dec 2028 Index Fund charges less: 0.19% a year against 0.23%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas NIFTY SDL December 2028 Index Fund and ICICI Prudential Nifty SDL Dec 2028 Index Fund overlap?
19.3%. They hold 6 of the same securities, the largest shared ones being 8.08% State Government Securities (26/12/2028), 8.36% State Government Securities (12/12/2028), 8.08% State Government Securities (26/12/2028). From each fund's latest monthly portfolio.
Which is better for SIP, Baroda BNP Paribas NIFTY SDL December 2028 Index Fund or ICICI Prudential Nifty SDL Dec 2028 Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,06,532 in Baroda BNP Paribas NIFTY SDL December 2028 Index Fund (XIRR 6.1% a year) and ₹4,06,629 in ICICI Prudential Nifty SDL Dec 2028 Index Fund (XIRR 6.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Baroda BNP Paribas NIFTY SDL December 2028 Index Fund and ICICI Prudential Nifty SDL Dec 2028 Index Fund?
Yes. 19.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.