ICICI Prudential Dynamic Term Fund vs UTI Medium to Long Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Dynamic Term Fund is a Dynamic Bond fund and UTI Medium to Long Term Fund is a Medium to Long Duration fund. In the 3 years to 30-10-2026, ICICI Prudential Dynamic Term Fund (Direct) returned 7.2% a year and UTI Medium to Long Term Fund (Direct) returned 6.3% a year. ICICI Prudential Dynamic Term Fund charges 0.63% a year and UTI Medium to Long Term Fund 1.32% (Direct plans). Their portfolios overlap 18.3%: they hold 6 of the same securities.
ICICI Prudential Dynamic Term Fund
Dynamic Bond
- 3 year return
- 7.2%
- Expense ratio
- 0.63%
- NAV
- ₹42.18
UTI Medium to Long Term Fund
Medium to Long Duration
- 3 year return
- 6.3%
- Expense ratio
- 1.32%
- NAV
- ₹82.71
Which is better, ICICI Prudential Dynamic Term or UTI 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.
- UTI Medium to Long Term returned more over 5 years: 6.8% a year against 6.8%.
- ICICI Prudential Dynamic Term returned more over 3 years: 7.2% a year against 6.3%.
- ICICI Prudential Dynamic Term costs less: 0.63% a year against 1.32% (Direct plans).
- ICICI Prudential Dynamic Term swung less over 3 years: a standard deviation of 1.6% a year against 1.9%.
- ICICI Prudential Dynamic Term fell less in its worst fall since 03-01-2013: −3.6% against −13.1%.
- ICICI Prudential Dynamic Term is the larger fund: ₹12,863 Cr against ₹303 Cr.
- Their portfolios overlap 18.3%: 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 | ICICI Prudential Dynamic Term Fund | UTI Medium to Long Term Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | UTI Mutual Fund |
| Category | Dynamic Bond | Medium to Long Duration |
| AUM | ₹12,863 Cr (30-09-2026) | ₹303 Cr (30-09-2026) |
| NAV | ₹42.18 (Direct) | ₹82.71 (Direct) |
| Expense ratio (Direct) | 0.63% | 1.32% |
| Expense ratio (Regular) | 1.32% | 1.64% |
| Riskometer | Not available | Moderately High |
| Benchmark | Not available | CRISIL Medium to Long Duration Debt A-III Index |
| Launch date | Not available | 04-05-1998 |
| Minimum investment | Not available | Regular Plan-Half-yearly Reinvestment of IDCW- Rs.20000, Regular Plan-Half-yearly Payout of IDCW- Rs.20000, Regular Plan-Growth- Rs.500, Regular Plan-Flexi Reinvestment of IDCW- Rs.20000, Regular Plan-Flexi Payout of IDCW- Rs.20000, Regular Plan-Quarterly |
| Lock in | Not available | None |
| Fund managers | Not available | Amit Sharma FM1, Not Applicable FM 2, Not Applicable FM 3 |
| Exit load | Not available | NIl |
ICICI Prudential Dynamic Term vs UTI 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 |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Dynamic Term Fund (Direct) | −0.76% | −0.81% | +1.91% | +3.66% | +7.16% | +6.75% | +7.73% |
| UTI Medium to Long Term Fund (Direct) | −0.53% | −0.74% | +1.70% | +2.48% | +6.25% | +6.77% | +5.23% |
| Dynamic Bond average | −0.48% | −0.66% | +1.80% | +3.05% | +6.70% | +5.98% | +6.68% |
| 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 22 Dynamic Bond funds and the 13 Medium to Long Duration funds, same plan type.
ICICI Prudential Dynamic Term vs UTI Medium to Long Term: Year-wise Returns
| Year | ICICI Prudential DynamicICICI Prudential Dynamic Term | UTI Medium to LongUTI Medium to Long Term |
|---|---|---|
| 2026to date | +2.75% | +1.95% |
| 2025 | +7.93% | +6.08% |
| 2024 | +9.01% | +8.87% |
| 2023 | +8.34% | +6.81% |
| 2022 | +5.34% | +10.23% |
| 2021 | +5.11% | +9.85% |
ICICI Prudential Dynamic Term vs UTI Medium to Long Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,618 of them, one for each trading day from 04-01-2016 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 Dynamic Term Fund (Direct)
UTI Medium to Long Term Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 Dynamic Term | 0.0 | 0.0 | 73.1 | 26.4 | 0.5 | 0.0 | 0.0 | 9.3% | 8.9% | 6.0% | 15.7% |
| UTI Medium to Long Term | 8.7 | 18.6 | 55.0 | 17.7 | 0.0 | 0.0 | 0.0 | 6.6% | 7.6% | −1.8% | 13.9% |
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 03-01-2013. Past returns do not promise future returns.
ICICI Prudential Dynamic Term vs UTI 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 03-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Dynamic TermICICI Prudential Dynamic Term Fund (Direct) | ₹16,60,000 | ₹30,09,396 | ₹13,49,396 | 8.2% |
| UTI Medium to Long TermUTI Medium to Long Term Fund (Direct) | ₹16,60,000 | ₹25,68,088 | ₹9,08,088 | 6.1% |
ICICI Prudential Dynamic TermICICI Prudential Dynamic Term Fund (Direct)
UTI Medium to Long TermUTI 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.
ICICI Prudential Dynamic Term vs UTI Medium to Long Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Dynamic Term Fund (Direct) | UTI Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.66% | +2.48% |
| Standard deviation | 2.21% | 1.93% |
| Sharpe ratio | -0.72 | -1.43 |
| Sortino ratio | -0.97 | -1.84 |
| Maximum drawdown | −1.9% (27-10-2026) | −1.4% (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 Dynamic Term Fund (Direct) | UTI Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.16% | +6.25% |
| Standard deviation | 1.63% | 1.90% |
| Sharpe ratio | 0.70 | 0.12 |
| Sortino ratio | 0.99 | 0.16 |
| Maximum drawdown | −1.9% (27-10-2026) | −1.6% (26-08-2025) |
| 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 | ICICI Prudential Dynamic Term Fund (Direct) | UTI Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.75% | +6.77% |
| Standard deviation | 1.61% | 4.13% |
| Sharpe ratio | 0.59 | 0.23 |
| Sortino ratio | 0.82 | 0.66 |
| Maximum drawdown | −1.9% (27-10-2026) | −2.2% (05-05-2022) |
| 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 Dynamic Term Fund (Direct) | UTI Medium to Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.18% | +6.60% |
| Standard deviation | 2.44% | 4.53% |
| Sharpe ratio | 1.28 | 0.12 |
| Sortino ratio | 2.00 | 0.18 |
| Maximum drawdown | −3.6% (10-03-2017) | −13.1% (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 Dynamic Term Fund (Direct)
UTI 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 |
|---|---|---|---|---|---|---|
| ICICI Prudential Dynamic Term Fund (Direct) | −3.6% | 24-11-2016 | 10-03-2017 | 22-05-2017 | 2 months | −1.6% |
| UTI Medium to Long Term Fund (Direct) | −13.1% | 26-12-2018 | 23-03-2020 | 22-09-2021 | 18 months | −1.3% |
From daily values since 03-01-2013, 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 Dynamic Term Fund (Direct)
UTI Medium to Long Term 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 Dynamic Term Fund (Direct)
UTI Medium to Long Term 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 Dynamic Term Fund (Direct)
UTI Medium to Long Term Fund (Direct)
ICICI Prudential Dynamic Term vs UTI Medium to Long Term: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Dynamic Term Fund, September 2026; UTI Medium to Long Term Fund, September 2026
Holdings in common
- Overlap
- 18.3%
- Held by both
- 6
- Only in ICICI Prudential Dynamic Term
- 84
- Only in UTI Medium to Long Term
- 20
| Security | % of ICICI Prudential Dynamic Term | % of UTI Medium to Long Term |
|---|---|---|
| Government Securities | 9.37% | 8.87% |
| Government Securities | 3.80% | 4.69% |
| Muthoot Finance Ltd. | 2.33% | 4.95% |
| Government Securities | 1.63% | 1.62% |
| JTPM Metal Traders Ltd. | 1.34% | 5.69% |
| Corporate Debt Market Development Fund (Class A2) | 0.34% | 0.32% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 18.3% means 18.3% 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 ICICI Prudential Dynamic Term Fund
| Security | % of fund |
|---|---|
| LIC Housing Finance Ltd. | 7.29% |
| Government Securities | 5.45% |
| Vedanta Ltd. | 2.34% |
| Cholamandalam Investment And Finance Company Ltd. | 2.33% |
| Government Securities | 2.29% |
Largest holdings only in UTI Medium to Long Term Fund
| Security | % of fund |
|---|---|
| NCD SUMMIT DIGITEL INFRASTRUCTURE LTD | 8.18% |
| NCD BAJAJ HOUSING FINANCE LTD | 8.10% |
| 7.08% A P SGL MAT - 26/03/2037 | 7.75% |
| 07.80% XIRR PTC- SIDDHIVINAYAK SECURITISATION TRUST-28/09/2030 | 6.30% |
| NCD PIRAMAL FINANCE LIMITED | 4.96% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Dynamic Term | UTI Medium to Long Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 95.7% | 96.2% |
| Cash and others | 4.3% | 3.8% |
ICICI Prudential Dynamic Term vs UTI Medium to Long Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Dynamic Term Fund | UTI Medium to Long Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.63% | 1.32% |
| Base expense ratio (Direct) | 0.54% | 1.12% |
| Total expense ratio (Regular) | 1.32% | 1.64% |
| Base expense ratio (Regular) | 1.13% | 1.41% |
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 Dynamic Term with
Compare UTI Medium to Long Term with
ICICI Prudential Dynamic Term Fund vs UTI Medium to Long Term Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Dynamic Term Fund and UTI Medium to Long Term Fund?
ICICI Prudential Dynamic Term Fund is a Dynamic Bond fund, UTI Medium to Long Term Fund is a Medium to Long Duration fund, run by ICICI Prudential Mutual Fund and UTI Mutual Fund. Their portfolios overlap 18.3%. ICICI Prudential Dynamic Term Fund charges 0.63% a year and UTI Medium to Long Term Fund 1.32%.
Which has given higher returns, ICICI Prudential Dynamic Term Fund or UTI Medium to Long Term Fund?
Over 1 year: ICICI Prudential Dynamic Term Fund +3.66%, UTI Medium to Long Term Fund +2.48%. Over 3 years: ICICI Prudential Dynamic Term Fund +7.16% a year, UTI Medium to Long Term Fund +6.25% a year. Over 5 years: ICICI Prudential Dynamic Term Fund +6.75% a year, UTI Medium to Long Term Fund +6.77% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Dynamic Term Fund or UTI Medium to Long Term Fund?
ICICI Prudential Dynamic Term Fund charges less: 0.63% a year against 1.32%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Dynamic Term Fund and UTI Medium to Long Term Fund overlap?
18.3%. They hold 6 of the same securities, the largest shared ones being Government Securities, Government Securities, Muthoot Finance Ltd.. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Dynamic Term Fund or UTI Medium to Long Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,24,155 in ICICI Prudential Dynamic Term Fund (XIRR 6.7% a year) and ₹7,08,525 in UTI Medium to Long Term Fund (XIRR 5.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Dynamic Term Fund and UTI Medium to Long Term Fund?
Yes. 18.3% 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.