ICICI Prudential Corporate Bond Fund vs UTI - Corporate Bond Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Corporate Bond Fund and UTI - Corporate Bond Fund are both Corporate Bond funds. In the 3 years to 30-10-2026, ICICI Prudential Corporate Bond Fund (Direct) returned 7.0% a year and UTI - Corporate Bond Fund (Direct) returned 7.1% a year. ICICI Prudential Corporate Bond Fund charges 0.37% a year and UTI - Corporate Bond Fund 0.32% (Direct plans). Their portfolios overlap 16.5%: they hold 23 of the same securities.
ICICI Prudential Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.0%
- Expense ratio
- 0.37%
- NAV
- ₹33.35
UTI - Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.1%
- Expense ratio
- 0.32%
- NAV
- ₹17.85
Which is better, ICICI Prudential Corporate Bond or UTI - Corporate Bond? 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 Corporate Bond returned more over 5 years: 6.6% a year against 6.2%.
- UTI - Corporate Bond returned more over 3 years: 7.1% a year against 7.0%.
- UTI - Corporate Bond costs less: 0.32% a year against 0.37% (Direct plans).
- ICICI Prudential Corporate Bond swung less over 3 years: a standard deviation of 1.0% a year against 1.1%.
- ICICI Prudential Corporate Bond fell less in its worst fall since 09-08-2018: −2.0% against −3.0%.
- ICICI Prudential Corporate Bond is the larger fund: ₹28,385 Cr against ₹4,569 Cr.
- Their portfolios overlap 16.5%: 23 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 Corporate Bond Fund | UTI - Corporate Bond Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | UTI Mutual Fund |
| Category | Corporate Bond | Corporate Bond |
| AUM | ₹28,385 Cr (30-09-2026) | ₹4,569 Cr (30-09-2026) |
| NAV | ₹33.35 (Direct) | ₹17.85 (Direct) |
| Expense ratio (Direct) | 0.37% | 0.32% |
| Expense ratio (Regular) | 0.60% | 0.61% |
| Riskometer | Not available | Moderate |
| Benchmark | Not available | NIFTY Corporate Bond Index A-II |
| Launch date | Not available | 08-08-2018 |
| Minimum investment | Not available | Regular Plan-Quarterly Reinvestment of IDCW- Rs.20000, Regular Plan-Quarterly Payout of IDCW- Rs.20000, Direct Plan-Quarterly Reinvestment of IDCW- Rs.20000, Direct Plan-Quarterly Payout of IDCW- Rs.20000, Regular Plan-Half-yearly Reinvestment of IDCW- Rs |
| Lock in | Not available | None |
| Fund managers | Not available | Anurag Mittal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Not available | Nil |
ICICI Prudential Corporate Bond vs UTI - Corporate Bond: 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 Corporate Bond Fund (Direct) | −0.49% | −0.28% | +2.12% | +4.18% | +7.00% | +6.57% | +7.24% |
| UTI - Corporate Bond Fund (Direct) | −0.19% | +0.19% | +2.35% | +4.06% | +7.06% | +6.23% | -- |
| Corporate Bond average | −0.24% | +0.05% | +2.31% | +4.00% | +7.02% | +6.20% | -- |
Category average: the average of the 21 Corporate Bond funds, same plan type.
ICICI Prudential Corporate Bond vs UTI - Corporate Bond: Year-wise Returns
| Year | ICICI PrudentialICICI Prudential Corporate Bond | UTI -UTI - Corporate Bond |
|---|---|---|
| 2026to date | +3.25% | +3.33% |
| 2025 | +8.19% | +8.13% |
| 2024 | +8.28% | +8.22% |
| 2023 | +7.83% | +7.22% |
| 2022 | +4.78% | +3.73% |
| 2021 | +4.44% | +3.77% |
ICICI Prudential Corporate Bond vs UTI - Corporate Bond: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,265 of them, one for each trading day from 09-08-2021 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 Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
to
Jan 2022Nov 2019
to
Nov 2022Oct 2020
to
Oct 2023Sept 2021
to
Sept 2024Jul 2022
to
Jul 2025May 2023
to
May 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 Corporate Bond | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.2% | 7.1% | 5.5% | 9.1% |
| UTI - Corporate Bond | 0.0 | 7.1 | 92.9 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 6.8% | 4.7% | 9.8% |
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 09-08-2018. Past returns do not promise future returns.
ICICI Prudential Corporate Bond vs UTI - Corporate Bond: 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 01-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Corporate BondICICI Prudential Corporate Bond Fund (Direct) | ₹9,90,000 | ₹13,19,770 | ₹3,29,770 | 6.8% |
| UTI - Corporate BondUTI - Corporate Bond Fund (Direct) | ₹9,90,000 | ₹13,08,197 | ₹3,18,197 | 6.6% |
ICICI Prudential Corporate BondICICI Prudential Corporate Bond Fund (Direct)
UTI - Corporate BondUTI - Corporate Bond 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.
ICICI Prudential Corporate Bond vs UTI - Corporate Bond: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.18% | +4.06% |
| Standard deviation | 1.39% | 1.29% |
| Sharpe ratio | -0.77 | -0.92 |
| Sortino ratio | -1.03 | -1.24 |
| Maximum drawdown | −1.0% (23-10-2026) | −0.6% (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 | ICICI Prudential Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.00% | +7.06% |
| Standard deviation | 1.01% | 1.08% |
| Sharpe ratio | 0.97 | 0.96 |
| Sortino ratio | 1.40 | 1.43 |
| Maximum drawdown | −1.0% (23-10-2026) | −0.6% (02-04-2026) |
| 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 Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.57% | +6.23% |
| Standard deviation | 0.97% | 1.00% |
| Sharpe ratio | 0.79 | 0.44 |
| Sortino ratio | 1.09 | 0.61 |
| Maximum drawdown | −1.0% (23-10-2026) | −0.9% (06-05-2022) |
| 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 Corporate Bond Fund (Direct) | UTI - Corporate Bond Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.94% | +7.29% |
| Standard deviation | 1.17% | 1.65% |
| Sharpe ratio | 1.61 | 1.22 |
| Sortino ratio | 2.51 | 1.94 |
| Maximum drawdown | −2.0% (23-03-2020) | −3.0% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2013 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 Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Corporate Bond Fund (Direct) | −2.0% | 09-03-2020 | 23-03-2020 | 17-04-2020 | 25 days | −0.8% |
| UTI - Corporate Bond Fund (Direct) | −3.0% | 06-03-2020 | 23-03-2020 | 22-04-2020 | 30 days | −0.4% |
From daily values since 09-08-2018, 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 Corporate Bond Fund (Direct)
UTI - Corporate Bond 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.
ICICI Prudential Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (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 Corporate Bond Fund (Direct)
UTI - Corporate Bond Fund (Direct)
ICICI Prudential Corporate Bond vs UTI - Corporate Bond: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Corporate Bond Fund, September 2026; UTI - Corporate Bond Fund, September 2026
Holdings in common
- Overlap
- 16.5%
- Held by both
- 23
- Only in ICICI Prudential Corporate Bond
- 138
- Only in UTI - Corporate Bond
- 50
| Security | % of ICICI Prudential Corporate Bond | % of UTI - Corporate Bond |
|---|---|---|
| Siddhivinayak Securitisation Trust | 3.20% | 3.24% |
| NABARD | 2.40% | 3.27% |
| Small Industries Development Bank Of India. | 1.43% | 1.62% |
| India Universal Trust AL1 | 1.58% | 1.38% |
| Small Industries Development Bank Of India. | 0.93% | 1.09% |
| Mahindra & Mahindra Financial Services Ltd. | 0.88% | 1.64% |
| NABARD | 0.86% | 1.07% |
| Mahindra Rural Housing Finance Ltd. | 0.80% | 1.72% |
| LIC Housing Finance Ltd. | 0.65% | 2.18% |
| NABARD | 2.62% | 0.55% |
| Power Finance Corporation Ltd. | 1.23% | 0.54% |
| Shivshakti Securitisation Trust | 3.03% | 0.52% |
| State Government of Chhattisgarh | 0.37% | 0.52% |
| Corporate Debt Market Development Fund (Class A2) | 0.35% | 0.35% |
| Small Industries Development Bank Of India. | 0.35% | 3.25% |
| Rural Electrification Corporation Ltd. | 0.35% | 0.54% |
| Power Finance Corporation Ltd. | 0.35% | 0.54% |
| Bharti Telecom Ltd. | 0.31% | 1.08% |
| Power Finance Corporation Ltd. | 0.11% | 1.09% |
| NABARD | 0.10% | 2.18% |
| Rural Electrification Corporation Ltd. | 0.09% | 0.55% |
| Government Securities | 1.04% | 0.02% |
| Government Securities | 0.01% | 5.19% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 16.5% means 16.5% 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 Corporate Bond Fund
| Security | % of fund |
|---|---|
| Government Securities | 5.51% |
| LIC Housing Finance Ltd. | 5.11% |
| Small Industries Development Bank Of India. | 2.58% |
| Government Securities | 2.40% |
| Government Securities | 1.72% |
Largest holdings only in UTI - Corporate Bond Fund
| Security | % of fund |
|---|---|
| NCD BAJAJ FINANCE LTD. | 4.32% |
| NCD EXPORT IMPORT BANK OF INDIA | 2.79% |
| NCD EXPORT IMPORT BANK OF INDIA | 2.73% |
| NCD POWER FINANCE CORPORATION LTD. | 2.16% |
| NCD SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 2.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Corporate Bond | UTI - Corporate Bond |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.9% | 89.4% |
| Cash and others | 5.1% | 10.6% |
ICICI Prudential Corporate Bond vs UTI - Corporate Bond: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Corporate Bond Fund | UTI - Corporate Bond Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.37% | 0.32% |
| Base expense ratio (Direct) | 0.32% | 0.27% |
| Total expense ratio (Regular) | 0.60% | 0.61% |
| Base expense ratio (Regular) | 0.51% | 0.52% |
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
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ICICI Prudential Corporate Bond Fund vs UTI - Corporate Bond Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Corporate Bond Fund and UTI - Corporate Bond Fund?
Both are Corporate Bond funds, run by ICICI Prudential Mutual Fund and UTI Mutual Fund. Their portfolios overlap 16.5%. ICICI Prudential Corporate Bond Fund charges 0.37% a year and UTI - Corporate Bond Fund 0.32%.
Which has given higher returns, ICICI Prudential Corporate Bond Fund or UTI - Corporate Bond Fund?
Over 1 year: ICICI Prudential Corporate Bond Fund +4.18%, UTI - Corporate Bond Fund +4.06%. Over 3 years: ICICI Prudential Corporate Bond Fund +7.00% a year, UTI - Corporate Bond Fund +7.06% a year. Over 5 years: ICICI Prudential Corporate Bond Fund +6.57% a year, UTI - Corporate Bond Fund +6.23% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Corporate Bond Fund or UTI - Corporate Bond Fund?
UTI - Corporate Bond Fund charges less: 0.32% a year against 0.37%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Corporate Bond Fund and UTI - Corporate Bond Fund overlap?
16.5%. They hold 23 of the same securities, the largest shared ones being Siddhivinayak Securitisation Trust, NABARD, Small Industries Development Bank Of India.. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Corporate Bond Fund or UTI - Corporate Bond Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,23,643 in ICICI Prudential Corporate Bond Fund (XIRR 6.7% a year) and ₹7,20,452 in UTI - Corporate Bond Fund (XIRR 6.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Corporate Bond Fund and UTI - Corporate Bond Fund?
Yes. 16.5% 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.