ICICI Prudential Retirement Fund Pure Debt Plan vs SBI Long Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Retirement Fund Pure Debt Plan is a Solution fund and SBI Long Term Fund is a Long Duration fund. In the 3 years to 30-10-2026, ICICI Prudential Retirement Fund Pure Debt Plan (Direct) returned 6.3% a year and SBI Long Term Fund (Direct) returned 6.1% a year. ICICI Prudential Retirement Fund Pure Debt Plan charges 1.22% a year and SBI Long Term Fund 0.32% (Direct plans). Their portfolios overlap 23.0%: they hold 2 of the same securities.
ICICI Prudential Retirement Fund Pure Debt Plan
Solution
- 3 year return
- 6.3%
- Expense ratio
- 1.22%
- NAV
- ₹17.09
Which is better, ICICI Prudential Retirement Fund Pure Debt Plan or SBI 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.
- ICICI Prudential Retirement Fund Pure Debt Plan returned more over 3 years: 6.3% a year against 6.1%.
- ICICI Prudential Retirement Fund Pure Debt Plan returned more over 1 year: 3.2% against 1.0%.
- SBI Long Term costs less: 0.32% a year against 1.22% (Direct plans).
- ICICI Prudential Retirement Fund Pure Debt Plan swung less over 3 years: a standard deviation of 1.3% a year against 3.7%.
- ICICI Prudential Retirement Fund Pure Debt Plan fell less in its worst fall since 28-12-2022: −1.4% against −4.5%.
- SBI Long Term is the larger fund: ₹1,246 Cr against ₹79 Cr.
- Their portfolios overlap 23.0%: 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 Retirement Fund Pure Debt Plan | SBI Long Term Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | SBI Mutual Fund |
| Category | Solution | Long Duration |
| AUM | ₹79 Cr (30-09-2026) | ₹1,246 Cr (30-09-2026) |
| NAV | ₹17.09 (Direct) | ₹12.59 (Direct) |
| Expense ratio (Direct) | 1.22% | 0.32% |
| Expense ratio (Regular) | 2.14% | 0.68% |
| Riskometer | Not available | Moderate |
| Benchmark | Nifty Composite Debt Index | CRISIL Long Duration Debt A-III Index |
| Launch date | 27-02-2019 | 21-12-2022 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | 5 years, or until retirement if earlier | None |
| Fund managers | Darshil Dedhia, Rohit Lakhotia | Ardhendu Bhattacharya |
| Exit load | Nil | Nil |
ICICI Prudential Retirement Fund Pure Debt Plan vs SBI 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 Retirement Fund Pure Debt Plan (Direct) | −0.51% | −0.46% | +1.67% | +3.20% | +6.26% | +5.74% | -- |
| SBI Long Term Fund (Direct) | −0.82% | −1.55% | +1.05% | +1.04% | +6.08% | -- | -- |
| Long Duration average | −1.14% | −2.16% | +0.90% | +0.63% | +5.83% | -- | -- |
Category average: the average of the 11 Long Duration funds, same plan type.
ICICI Prudential Retirement Fund Pure Debt Plan vs SBI Long Term: Year-wise Returns
| Year | ICICI Prudential Retirement Fund Pure Debt PlanICICI Prudential Retirement Fund Pure Debt Plan | SBI Long TermSBI Long Term |
|---|---|---|
| 2026to date | +2.34% | +0.41% |
| 2025 | +6.73% | +3.75% |
| 2024 | +8.38% | +11.71% |
| 2023 | +7.06% | +8.30% |
| 2022 | +3.73% | -- |
| 2021 | +4.62% | -- |
ICICI Prudential Retirement Fund Pure Debt Plan vs SBI Long Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 202 of them, one for each trading day from 29-12-2025 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.
ICICI Prudential Retirement Fund Pure Debt Plan (Direct)
SBI Long Term Fund (Direct)
to
Jan 2026Mar 2023
to
Mar 2026May 2023
to
May 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Retirement Fund Pure Debt Plan | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 7.0% | 6.2% | 7.4% |
| SBI Long Term | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.6% | 6.6% | 5.1% | 7.9% |
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 28-12-2022. Past returns do not promise future returns.
ICICI Prudential Retirement Fund Pure Debt Plan vs SBI 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 01-12-2022 to 30-10-2026: 47 instalments, ₹4,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Retirement Fund Pure Debt PlanICICI Prudential Retirement Fund Pure Debt Plan (Direct) | ₹4,70,000 | ₹5,24,284 | ₹54,284 | 5.5% |
| SBI Long TermSBI Long Term Fund (Direct) | ₹4,70,000 | ₹5,10,689 | ₹40,689 | 4.2% |
ICICI Prudential Retirement Fund Pure Debt PlanICICI Prudential Retirement Fund Pure Debt Plan (Direct)
SBI Long TermSBI 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 Retirement Fund Pure Debt Plan vs SBI Long Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Retirement Fund Pure Debt Plan (Direct) | SBI Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.20% | +1.04% |
| Standard deviation | 1.75% | 4.04% |
| Sharpe ratio | -1.17 | -1.04 |
| Sortino ratio | -1.54 | -1.41 |
| Maximum drawdown | −1.4% (23-10-2026) | −3.6% (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 Retirement Fund Pure Debt Plan (Direct) | SBI Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.26% | +6.08% |
| Standard deviation | 1.32% | 3.67% |
| Sharpe ratio | 0.18 | 0.02 |
| Sortino ratio | 0.25 | 0.02 |
| Maximum drawdown | −1.4% (23-10-2026) | −4.5% (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 Retirement Fund Pure Debt Plan (Direct) | SBI Long Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.22% | +6.20% |
| Standard deviation | 1.76% | 3.66% |
| Sharpe ratio | 1.16 | 0.01 |
| Sortino ratio | 1.75 | 0.01 |
| Maximum drawdown | −2.7% (26-03-2020) | −4.5% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 28-02-2019 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 Retirement Fund Pure Debt Plan (Direct)
SBI 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 Retirement Fund Pure Debt Plan (Direct) | −1.4% | 14-08-2026 | 23-10-2026 | Not yet | -- | −1.1% |
| SBI Long Term Fund (Direct) | −4.5% | 28-05-2025 | 02-04-2026 | 24-06-2026 | 3 months | −2.7% |
From daily values since 28-12-2022, 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 Retirement Fund Pure Debt Plan (Direct)
SBI 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 Retirement Fund Pure Debt Plan (Direct)
SBI Long Term Fund (Direct)
ICICI Prudential Retirement Fund Pure Debt Plan vs SBI Long Term: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Retirement Fund Pure Debt Plan, September 2026; SBI Long Term Fund, September 2026
Holdings in common
- Overlap
- 23.0%
- Held by both
- 2
- Only in ICICI Prudential Retirement Fund Pure Debt Plan
- 14
- Only in SBI Long Term
- 4
| Security | % of ICICI Prudential Retirement Fund Pure Debt Plan | % of SBI Long Term |
|---|---|---|
| Government Securities | 17.33% | 26.45% |
| Government Securities | 5.64% | 13.68% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 23.0% means 23.0% 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 Retirement Fund Pure Debt Plan
| Security | % of fund |
|---|---|
| Government Securities | 11.97% |
| Nirma Ltd. | 7.56% |
| Housing and Urban Development Corporation Ltd. | 6.42% |
| LIC Housing Finance Ltd. | 6.39% |
| Muthoot Finance Ltd. | 6.30% |
Largest holdings only in SBI Long Term Fund
| Security | % of fund |
|---|---|
| 7.71% CGL 2066 | 39.32% |
| 7.74% State Government of Tamil Nadu 2036 | 5.98% |
| 7.43% CGL 2076 | 4.82% |
| Corporate Debt Market Development Fund-A2 | 0.66% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Retirement Fund Pure Debt Plan | SBI Long Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 88.0% | 90.3% |
| Cash and others | 12.0% | 9.8% |
ICICI Prudential Retirement Fund Pure Debt Plan vs SBI Long Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Retirement Fund Pure Debt Plan | SBI Long Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.22% | 0.32% |
| Base expense ratio (Direct) | 1.04% | 0.26% |
| Total expense ratio (Regular) | 2.14% | 0.68% |
| Base expense ratio (Regular) | 1.84% | 0.57% |
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
ICICI Prudential Retirement Fund Pure Debt Plan vs SBI Long Term Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Retirement Fund Pure Debt Plan and SBI Long Term Fund?
ICICI Prudential Retirement Fund Pure Debt Plan is a Solution fund, SBI Long Term Fund is a Long Duration fund, run by ICICI Prudential Mutual Fund and SBI Mutual Fund. Their portfolios overlap 23.0%. ICICI Prudential Retirement Fund Pure Debt Plan charges 1.22% a year and SBI Long Term Fund 0.32%.
Which has given higher returns, ICICI Prudential Retirement Fund Pure Debt Plan or SBI Long Term Fund?
Over 1 year: ICICI Prudential Retirement Fund Pure Debt Plan +3.20%, SBI Long Term Fund +1.04%. Over 3 years: ICICI Prudential Retirement Fund Pure Debt Plan +6.26% a year, SBI Long Term Fund +6.08% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Retirement Fund Pure Debt Plan or SBI Long Term Fund?
SBI Long Term Fund charges less: 0.32% a year against 1.22%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Retirement Fund Pure Debt Plan and SBI Long Term Fund overlap?
23.0%. 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 Retirement Fund Pure Debt Plan or SBI Long Term Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,00,097 in ICICI Prudential Retirement Fund Pure Debt Plan (XIRR 5.0% a year) and ₹3,88,671 in SBI Long Term Fund (XIRR 3.1% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Retirement Fund Pure Debt Plan and SBI Long Term Fund?
Yes. 23.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages ICICI Prudential Retirement Fund Pure Debt Plan and SBI Long Term Fund?
ICICI Prudential Retirement Fund Pure Debt Plan: Darshil Dedhia, Rohit Lakhotia. SBI Long Term Fund: Ardhendu Bhattacharya.
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.