Franklin India Medium to Long Term Fund vs ICICI Prudential Medium to Long Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Franklin India Medium to Long Term Fund and ICICI Prudential Medium to Long Term Fund are both Medium to Long Duration funds. In the year to 30-10-2026, Franklin India Medium to Long Term Fund (Direct) returned 3.1% and ICICI Prudential Medium to Long Term Fund (Direct) returned 2.7%. Franklin India Medium to Long Term Fund charges 0.34% a year and ICICI Prudential Medium to Long Term Fund 0.59% (Direct plans). Their portfolios overlap 0.4%: they hold 1 of the same security.
Franklin India Medium to Long Term Fund
Medium to Long Duration
- 1 year return
- 3.1%
- Expense ratio
- 0.34%
- NAV
- ₹11.20
ICICI Prudential Medium to Long Term Fund
Medium to Long Duration
- 1 year return
- 2.7%
- Expense ratio
- 0.59%
- NAV
- ₹44.31
Which is better, Franklin India Medium to Long Term or ICICI Prudential Medium to Long Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Franklin India Medium to Long Term returned more over 1 year: 3.1% against 2.7%.
- Franklin India Medium to Long Term costs less: 0.34% a year against 0.59% (Direct plans).
- Franklin India Medium to Long Term fell less in its worst fall since 24-09-2024: −1.8% against −2.4%.
- ICICI Prudential Medium to Long Term is the larger fund: ₹2,019 Cr against ₹41 Cr.
- Their portfolios overlap 0.4%: 1 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 | Franklin India Medium to Long Term Fund | ICICI Prudential Medium to Long Term Fund |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Medium to Long Duration | Medium to Long Duration |
| AUM | ₹41 Cr (30-09-2026) | ₹2,019 Cr (30-09-2026) |
| NAV | ₹11.20 (Direct) | ₹44.31 (Direct) |
| Expense ratio (Direct) | 0.34% | 0.59% |
| Expense ratio (Regular) | 0.85% | 1.00% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | CRISIL Medium to Long Duration Debt A-III Index |
| Launch date | Not available | 18-08-2008 |
| Minimum investment | Not available | ₹5,000 |
| Lock in | Not available | None |
| Fund managers | Not available | Manish Banthia, Ritesh Lunawat |
| Exit load | Not available | Nil |
Franklin India Medium to Long Term vs ICICI Prudential Medium to Long Term: 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 |
|---|---|---|---|---|---|---|---|
| Franklin India Medium to Long Term Fund (Direct) | −0.54% | −0.94% | +2.06% | +3.15% | -- | -- | -- |
| ICICI Prudential Medium to Long Term Fund (Direct) | −0.92% | −1.40% | +1.42% | +2.69% | +6.67% | +6.06% | +6.91% |
| Medium to Long Duration average | −0.59% | −0.88% | +1.83% | +2.86% | +6.52% | +5.71% | +6.19% |
Category average: the average of the 13 Medium to Long Duration funds, same plan type.
Franklin India Medium to Long Term vs ICICI Prudential Medium to Long Term: Year-wise Returns
| Year | Franklin IndiaFranklin India Medium to Long Term | ICICI PrudentialICICI Prudential Medium to Long Term |
|---|---|---|
| 2026to date | +2.63% | +1.86% |
| 2025 | +7.39% | +7.11% |
| 2024 | -- | +9.00% |
| 2023 | -- | +8.14% |
| 2022 | -- | +3.74% |
| 2021 | -- | +3.52% |
Franklin India Medium to Long Term vs ICICI Prudential Medium to Long Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 265 of them, one for each trading day from 24-09-2025 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.
Franklin India Medium to Long Term Fund (Direct)
ICICI Prudential Medium to Long Term Fund (Direct)
to
Oct 2025Jan 2025
to
Jan 2026Mar 2025
to
Mar 2026May 2025
to
May 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Franklin India Medium to Long Term | 0.0 | 39.2 | 60.8 | 0.0 | 0.0 | 0.0 | 0.0 | 5.7% | 5.9% | 2.2% | 8.4% |
| ICICI Prudential Medium to Long Term | 0.0 | 42.6 | 57.4 | 0.0 | 0.0 | 0.0 | 0.0 | 5.3% | 5.6% | 1.6% | 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 24-09-2024. Past returns do not promise future returns.
Franklin India Medium to Long Term vs ICICI Prudential Medium to Long Term: 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 24-09-2024 to 30-10-2026: 26 instalments, ₹2,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Franklin India Medium to Long TermFranklin India Medium to Long Term Fund (Direct) | ₹2,60,000 | ₹2,72,419 | ₹12,419 | 4.2% |
| ICICI Prudential Medium to Long TermICICI Prudential Medium to Long Term Fund (Direct) | ₹2,60,000 | ₹2,70,511 | ₹10,511 | 3.6% |
Franklin India Medium to Long TermFranklin India Medium to Long Term Fund (Direct)
ICICI Prudential Medium to Long TermICICI Prudential Medium to Long Term 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.
Franklin India Medium to Long Term vs ICICI Prudential Medium to Long Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Franklin India Medium to Long Term Fund (Direct) | ICICI Prudential Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.15% | +2.69% |
| Standard deviation | 2.00% | 2.38% |
| Sharpe ratio | -1.05 | -1.07 |
| Sortino ratio | -1.38 | -1.41 |
| Maximum drawdown | −1.8% (27-10-2026) | −2.4% (27-10-2026) |
| 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 | Franklin India Medium to Long Term Fund (Direct) | ICICI Prudential Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.57% | +7.71% |
| Standard deviation | 1.84% | 3.07% |
| Sharpe ratio | -0.06 | 0.54 |
| Sortino ratio | -0.09 | 0.76 |
| Maximum drawdown | −1.8% (27-10-2026) | −10.2% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 24-09-2024 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.
Franklin India Medium to Long Term Fund (Direct)
ICICI Prudential Medium to Long Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Franklin India Medium to Long Term Fund (Direct) | −1.8% | 17-08-2026 | 27-10-2026 | Not yet | -- | −1.6% |
| ICICI Prudential Medium to Long Term Fund (Direct) | −2.4% | 14-08-2026 | 27-10-2026 | Not yet | -- | −2.1% |
From daily values since 24-09-2024, 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.
Franklin India Medium to Long Term Fund (Direct)
ICICI Prudential Medium to Long Term Fund (Direct)
Franklin India Medium to Long Term vs ICICI Prudential Medium to Long Term: Portfolio Overlap
From each fund's latest monthly portfolio: Franklin India Medium to Long Term Fund, September 2026; ICICI Prudential Medium to Long Term Fund, September 2026
Holdings in common
- Overlap
- 0.4%
- Held by both
- 1
- Only in Franklin India Medium to Long Term
- 12
- Only in ICICI Prudential Medium to Long Term
- 48
| Security | % of Franklin India Medium to Long Term | % of ICICI Prudential Medium to Long Term |
|---|---|---|
| Corporate Debt Market Development Fund Class A2 | 0.37% | 0.46% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.4% means 0.4% 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 Franklin India Medium to Long Term Fund
| Security | % of fund |
|---|---|
| 7.86% Haryana SDL (29-Jun-2032) | 12.61% |
| 7.02% Punjab SDL (01-Jul-2030) | 12.26% |
| 7.15% Tamil Nadu SDL (22-Jan-2035) | 8.48% |
| 0.00% Jubilant Bevco Ltd (31-May-2028) | 7.80% |
| 8.42% Andhra Pradesh SDL (08-Aug-2029) | 7.64% |
Largest holdings only in ICICI Prudential Medium to Long Term Fund
| Security | % of fund |
|---|---|
| Government Securities | 8.99% |
| Government Securities | 6.58% |
| Summit Digitel Infrastructure Private Ltd. | 5.76% |
| Pipeline Infrastructure Pvt Ltd. | 3.68% |
| Government Securities | 3.65% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Franklin India Medium to Long Term | ICICI Prudential Medium to Long Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 88.2% | 88.7% |
| Cash and others | 11.8% | 11.3% |
Franklin India Medium to Long Term vs ICICI Prudential Medium to Long Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Franklin India Medium to Long Term Fund | ICICI Prudential Medium to Long Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.34% | 0.59% |
| Base expense ratio (Direct) | 0.29% | 0.50% |
| Total expense ratio (Regular) | 0.85% | 1.00% |
| Base expense ratio (Regular) | 0.73% | 0.85% |
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.
More comparisons
Each fund against the others of its category
Compare Franklin India Medium to Long Term with
Compare ICICI Prudential Medium to Long Term with
Franklin India Medium to Long Term Fund vs ICICI Prudential Medium to Long Term Fund: Frequently Asked Questions
What is the difference between Franklin India Medium to Long Term Fund and ICICI Prudential Medium to Long Term Fund?
Both are Medium to Long Duration funds, run by Franklin Templeton Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 0.4%. Franklin India Medium to Long Term Fund charges 0.34% a year and ICICI Prudential Medium to Long Term Fund 0.59%.
Which has given higher returns, Franklin India Medium to Long Term Fund or ICICI Prudential Medium to Long Term Fund?
Over 1 year: Franklin India Medium to Long Term Fund +3.15%, ICICI Prudential Medium to Long Term Fund +2.69%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Franklin India Medium to Long Term Fund or ICICI Prudential Medium to Long Term Fund?
Franklin India Medium to Long Term Fund charges less: 0.34% a year against 0.59%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Franklin India Medium to Long Term Fund and ICICI Prudential Medium to Long Term Fund overlap?
0.4%. They hold 1 of the same securities, the largest shared ones being Corporate Debt Market Development Fund Class A2. From each fund's latest monthly portfolio.
Can I invest in both Franklin India Medium to Long Term Fund and ICICI Prudential Medium to Long Term Fund?
Yes. 0.4% of each fund's money sits in the same holdings, so the two hold mostly different investments.
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.