ICICI Prudential 10 year Constant Maturity Gilt Fund vs Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential 10 year Constant Maturity Gilt Fund is a Gilt fund and Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt is a mutual fund. In the 3 years to 30-10-2026, ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct) returned 6.9% a year and Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) returned 6.5% a year. ICICI Prudential 10 year Constant Maturity Gilt Fund charges 0.29% a year and Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt 0.11% (Direct plans). Their portfolios overlap 64.2%: they hold 2 of the same securities.
ICICI Prudential 10 year Constant Maturity Gilt Fund
Gilt
- 3 year return
- 6.9%
- Expense ratio
- 0.29%
- NAV
- ₹26.08
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
- 3 year return
- 6.5%
- Expense ratio
- 0.11%
- NAV
- ₹29.23
Which is better, ICICI Prudential 10 year Constant Maturity Gilt or Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt? 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 10 year Constant Maturity Gilt returned more over 5 years: 5.5% a year against 5.2%.
- ICICI Prudential 10 year Constant Maturity Gilt returned more over 3 years: 6.9% a year against 6.5%.
- Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt costs less: 0.11% a year against 0.29% (Direct plans).
- ICICI Prudential 10 year Constant Maturity Gilt swung less over 3 years: a standard deviation of 2.7% a year against 2.7%.
- ICICI Prudential 10 year Constant Maturity Gilt fell less in its worst fall since 07-07-2016: −4.7% against −5.1%.
- Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt is the larger fund: ₹2,364 Cr against ₹1,935 Cr.
- Their portfolios overlap 64.2%: 2 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 | ICICI Prudential 10 year Constant Maturity Gilt Fund | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Nippon India Mutual Fund |
| Category | Gilt | Not available |
| AUM | ₹1,935 Cr (30-09-2026) | ₹2,364 Cr (30-09-2026) |
| NAV | ₹26.08 (Direct) | ₹29.23 (Direct) |
| Expense ratio (Direct) | 0.29% | 0.11% |
| Expense ratio (Regular) | 0.45% | Not available |
| Riskometer | Not available | Not available |
| Benchmark | CRISIL 10 Year Gilt Index | Not available |
| Launch date | 12-09-2014 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Manish Banthia, Raunak Surana | Not available |
| Exit load | Nil | Not available |
ICICI Prudential 10 year Constant Maturity Gilt vs Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt: 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct) | −1.04% | −2.38% | +1.20% | +2.06% | +6.88% | +5.55% | +7.15% |
| Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) | −1.07% | −2.37% | +0.62% | +0.95% | +6.46% | +5.23% | +5.98% |
| Gilt average | −0.69% | −1.34% | +1.62% | +2.12% | +6.19% | +5.46% | +6.64% |
Category average: the average of the 28 Gilt funds, same plan type.
ICICI Prudential 10 year Constant Maturity Gilt vs Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt: Year-wise Returns
| Year | ICICI Prudential 10 year Constant MaturityICICI Prudential 10 year Constant Maturity Gilt | Nippon India ETF Nifty 8-13 yr G-Sec Long TermNippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt |
|---|---|---|
| 2026to date | +1.12% | +0.19% |
| 2025 | +7.66% | +7.23% |
| 2024 | +9.44% | +9.54% |
| 2023 | +7.88% | +7.96% |
| 2022 | +1.39% | +0.83% |
| 2021 | +2.95% | +1.65% |
ICICI Prudential 10 year Constant Maturity Gilt vs Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,771 of them, one for each trading day from 08-07-2019 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.
ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct)
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct)
to
Feb 2020May 2018
to
May 2021Aug 2019
to
Aug 2022Oct 2020
to
Oct 2023Jan 2022
to
Jan 2025Mar 2023
to
Mar 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential 10 year Constant Maturity Gilt | 0.0 | 12.3 | 62.5 | 25.2 | 0.0 | 0.0 | 0.0 | 8.0% | 8.0% | 3.5% | 12.6% |
| Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt | 0.0 | 28.4 | 67.0 | 4.6 | 0.0 | 0.0 | 0.0 | 6.8% | 7.1% | 2.8% | 10.6% |
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 07-07-2016. Past returns do not promise future returns.
ICICI Prudential 10 year Constant Maturity Gilt vs Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt: 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 01-07-2016 to 30-10-2026: 124 instalments, ₹12,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential 10 year Constant Maturity GiltICICI Prudential 10 year Constant Maturity Gilt Fund (Direct) | ₹12,40,000 | ₹17,68,114 | ₹5,28,114 | 6.7% |
| Nippon India ETF Nifty 8-13 yr G-Sec Long Term GiltNippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) | ₹12,40,000 | ₹16,85,076 | ₹4,45,076 | 5.8% |
ICICI Prudential 10 year Constant Maturity GiltICICI Prudential 10 year Constant Maturity Gilt Fund (Direct)
Nippon India ETF Nifty 8-13 yr G-Sec Long Term GiltNippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (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.
ICICI Prudential 10 year Constant Maturity Gilt vs Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct) | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) |
|---|---|---|
| Return (CAGR) | +2.06% | +0.95% |
| Standard deviation | 3.25% | 3.29% |
| Sharpe ratio | -0.98 | -1.30 |
| Sortino ratio | -1.35 | -1.77 |
| Maximum drawdown | −3.4% (26-10-2026) | −3.4% (23-10-2026) |
| 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 | ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct) | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) |
|---|---|---|
| Return (CAGR) | +6.88% | +6.46% |
| Standard deviation | 2.68% | 2.70% |
| Sharpe ratio | 0.32 | 0.16 |
| Sortino ratio | 0.45 | 0.23 |
| Maximum drawdown | −3.4% (26-10-2026) | −3.4% (23-10-2026) |
| 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 | ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct) | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) |
|---|---|---|
| Return (CAGR) | +5.55% | +5.23% |
| Standard deviation | 3.25% | 3.20% |
| Sharpe ratio | -0.08 | -0.18 |
| Sortino ratio | -0.11 | -0.24 |
| Maximum drawdown | −4.7% (13-06-2022) | −5.1% (13-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 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 | ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct) | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) |
|---|---|---|
| Return (CAGR) | +8.20% | +6.39% |
| Standard deviation | 3.72% | 3.93% |
| Sharpe ratio | 0.67 | 0.24 |
| Sortino ratio | 0.97 | 0.35 |
| Maximum drawdown | −4.7% (10-03-2017) | −5.1% (13-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 15-09-2014 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.
ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct)
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct) | −4.7% | 24-11-2016 | 10-03-2017 | 08-06-2017 | 3 months | −3.0% |
| Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct) | −5.1% | 15-12-2021 | 13-06-2022 | 24-11-2022 | 5 months | −3.0% |
From daily values since 07-07-2016, 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.
ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct)
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (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.
ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct)
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential 10 year Constant Maturity Gilt Fund (Direct)
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (Direct)
ICICI Prudential 10 year Constant Maturity Gilt vs Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential 10 year Constant Maturity Gilt Fund, September 2026; Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt, September 2026
Holdings in common
- Overlap
- 64.2%
- Held by both
- 2
- Only in ICICI Prudential 10 year Constant Maturity Gilt
- 5
- Only in Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
- 3
| Security | % of ICICI Prudential 10 year Constant Maturity Gilt | % of Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt |
|---|---|---|
| Government Securities | 82.22% | 64.13% |
| Government Securities | 0.10% | 6.11% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 64.2% means 64.2% 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 ICICI Prudential 10 year Constant Maturity Gilt Fund
| Security | % of fund |
|---|---|
| Government Securities | 4.64% |
| State Government of Karnataka | 3.78% |
| State Government of Uttar Pradesh | 2.72% |
| State Government of Karnataka | 2.57% |
| Government Securities | 1.26% |
Largest holdings only in Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt
| Security | % of fund |
|---|---|
| 6.48% Government of India | 26.52% |
| 6.33% Government of India | 0.25% |
| 6.79% Government of India | 0.01% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential 10 year Constant Maturity Gilt | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 97.3% | 97.0% |
| Cash and others | 2.7% | 3.0% |
ICICI Prudential 10 year Constant Maturity Gilt vs Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential 10 year Constant Maturity Gilt Fund | Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt |
|---|---|---|
| Total expense ratio (Direct) | 0.29% | 0.11% |
| Base expense ratio (Direct) | 0.24% | 0.09% |
| Total expense ratio (Regular) | 0.45% | Not available |
| Base expense ratio (Regular) | 0.37% | 0.00% |
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 ICICI Prudential 10 year Constant Maturity Gilt with
ICICI Prudential 10 year Constant Maturity Gilt Fund vs Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt: Frequently Asked Questions
What is the difference between ICICI Prudential 10 year Constant Maturity Gilt Fund and Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt?
ICICI Prudential 10 year Constant Maturity Gilt Fund is a Gilt fund, Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt is a mutual fund, run by ICICI Prudential Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 64.2%. ICICI Prudential 10 year Constant Maturity Gilt Fund charges 0.29% a year and Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt 0.11%.
Which has given higher returns, ICICI Prudential 10 year Constant Maturity Gilt Fund or Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt?
Over 1 year: ICICI Prudential 10 year Constant Maturity Gilt Fund +2.06%, Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt +0.95%. Over 3 years: ICICI Prudential 10 year Constant Maturity Gilt Fund +6.88% a year, Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt +6.46% a year. Over 5 years: ICICI Prudential 10 year Constant Maturity Gilt Fund +5.55% a year, Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt +5.23% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential 10 year Constant Maturity Gilt Fund or Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt?
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt charges less: 0.11% a year against 0.29%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential 10 year Constant Maturity Gilt Fund and Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt overlap?
64.2%. They hold 2 of the same securities, the largest shared ones being Government Securities, Government Securities. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential 10 year Constant Maturity Gilt Fund or Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,07,240 in ICICI Prudential 10 year Constant Maturity Gilt Fund (XIRR 5.8% a year) and ₹6,99,756 in Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt (XIRR 5.4% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential 10 year Constant Maturity Gilt Fund and Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt?
Yes. 64.2% of each fund's money sits in the same holdings, so a large part 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.