Returns as of: 3 November 2026
- ₹10,000 put in three years ago is worth ₹12,279 now
- 1-year return: 4.45%, higher than the category average of 4.08%
- 3-year return: 7.08% a year, higher than the category average of 7.04%
- Expense ratio (Direct plan): 0.37%, higher than the category average of 0.33%
- Assets: ₹28,385 crore at 30 September 2026
- Largest holding: 6.94% Government Securities, 5.51% of the fund; the top ten are 30.23%
- Volatility over three years: 1.03% a year
The ICICI Prudential Corporate Bond Fund returned 4.45% over the past year, while ₹10,000 invested in this Debt – Corporate Bond Fund three years ago is worth ₹12,279 now. The fund maintains an expense ratio of 0.37%. Total assets were ₹28,385 crore at 30 September 2026.
ICICI Prudential Corporate Bond Fund: key details
| Fund house | ICICI Prudential Mutual Fund |
| Category | Debt – Corporate Bond Fund |
| Benchmark | NIFTY Corporate Bond Index |
| Expense ratio (Direct plan) | 0.37% |
| Assets | ₹28,385 crore (30 September 2026) |
| Minimum investment | ₹100 |
| Minimum SIP | ₹100 |
| Exit load | Nil |
| Fund managers | Manish Banthia, Ritesh Lunawat |
ICICI Prudential Corporate Bond Fund: returns
| Period | Fund return | Category average | Rank in category |
|---|---|---|---|
| 1 week | 0.50% | – | – |
| 1 month | −0.08% | – | – |
| 3 months | −0.05% | – | – |
| 6 months | 2.47% | – | – |
| 1 year (a year) | 4.45% | 4.08% (21 funds) | 5 of 21 |
| 3 years (a year) | 7.08% | 7.04% (21 funds) | 8 of 21 |
| 5 years (a year) | 6.63% | – | – |
The 1-year return of 4.45% for the ICICI Prudential Corporate Bond Fund is higher than the category average of 4.08%. Over a 3-year period, the fund returned 7.08% a year. This figure is higher than the category average of 7.04% across 21 funds.
Assets over recent months
| Month | Assets (₹ crore) |
|---|---|
| 30 April 2026 | 32,682 |
| 31 May 2026 | 31,740 |
| 30 June 2026 | 30,030 |
| 31 July 2026 | 30,202 |
| 31 August 2026 | 29,688 |
| 30 September 2026 | 28,385 |
Volatility and largest fall
| Measure | Fund | Category median |
|---|---|---|
| Volatility (annualised) | 1.03% | 1.15% |
| Largest fall from a high (14 August 2026 to 23 October 2026) | −1.01% | −0.68% |
The fund recorded a volatility of 1.03% a year, which is lower than the category median of 1.15%. Its largest fall from a high was −1.01% between 14 August 2026 and 23 October 2026. This fall is larger than the category median of −0.68%.
Portfolio: top holdings
| Holding | Sector | Weight | Value (₹ crore) |
|---|---|---|---|
| 6.94% Government Securities | – | 5.51% | 1,564 |
| 7.58% LIC Housing Finance Ltd. ** | – | 5.11% | 1,451 |
| Siddhivinayak Securitisation Trust ** | – | 3.20% | 908 |
| Shivshakti Securitisation Trust ** | – | 3.03% | 860 |
| 7.53% NABARD | – | 2.62% | 743 |
| 7.04% Small Industries Development Bank Of India. ** | – | 2.58% | 731 |
| 7.44% NABARD | – | 2.40% | 682 |
| 6.9% Government Securities | – | 2.40% | 681 |
| 7.34% Government Securities | – | 1.72% | 490 |
| 7.57% State Government of Madhya Pradesh | – | 1.67% | 473 |
| Sector | Weight |
|---|---|
| Financial Services | 0.35% |
| Type | Weight |
|---|---|
| Corporate Debt | 63.82% |
| Government Securities | 22.89% |
| PTC & Securitized Debt | 8.16% |
| Cash & Cash Equivalents and Net Assets | 4.78% |
| Alternative Investment Fund | 0.35% |
The ten largest holdings account for 30.23% of the portfolio as of 30 September 2026. The largest holding is 6.94% Government Securities at 5.51%, followed by 7.58% LIC Housing Finance Ltd. at 5.11%. Corporate debt makes up 63.82% of the total assets.
Objective
The scheme states its objective as follows.
To generate income through investing predominantly in AA+ and above rated corporate bonds while maintaining the optimum balance of yield, safety and liquidity.
Fund managers
| Name | Role | Experience |
|---|---|---|
| Manish Banthia | Associate Vice President -Investments | 5 Years |
| Ritesh Lunawat | Fund Manager | 4 Years |
ICICI Prudential Corporate Bond Fund: FAQs
What would ₹10,000 in the ICICI Prudential Corporate Bond Fund be worth today?
₹10,000 put into the Direct Growth plan on 3 November 2023 would have been worth ₹12,279 on 3 November 2026. This is what happened over those three years, not a forecast.
What is the return of the ICICI Prudential Corporate Bond Fund?
The Direct Growth plan returned 4.45% over one year to 3 November 2026, higher than the category average of 4.08%. Over three years it returned 7.08% a year.
What is the expense ratio of the ICICI Prudential Corporate Bond Fund?
The expense ratio of the Direct plan is 0.37%; the average for 21 Direct plans in the category is 0.33%.
How large is the ICICI Prudential Corporate Bond Fund?
Its assets were ₹28,385 crore at 30 September 2026.
What are the top holdings of the ICICI Prudential Corporate Bond Fund?
At 30 September 2026 the largest holdings were 6.94% Government Securities (5.51%), 7.58% LIC Housing Finance Ltd. ** (5.11%), Siddhivinayak Securitisation Trust ** (3.20%). The top ten made up 30.23% of the fund.
Who manages the ICICI Prudential Corporate Bond Fund?
The fund is managed by Manish Banthia, Ritesh Lunawat.
What is the minimum investment in the ICICI Prudential Corporate Bond Fund?
The minimum investment is ₹100. The minimum SIP is ₹100.
What is the exit load of the ICICI Prudential Corporate Bond Fund?
The scheme states its exit load as: Nil
What is the benchmark of the ICICI Prudential Corporate Bond Fund?
The scheme’s benchmark is the NIFTY Corporate Bond Index.
NAV, expense and portfolio data: Accord Fintech. Calculations: ThePip. For information only; not investment advice.