ICICI Prudential Gilt Fund vs HDFC Gilt Fund
Updated June 2026 · both Gilt funds · metrics from AMFI NAVs
In short: ICICI Prudential Gilt Fund has the higher 3-year return (+7.28%); HDFC Gilt Fund has the lower expense ratio (0.46%); ICICI Prudential Gilt Fund has the better risk-adjusted return (Sharpe -0.23). This is analysis from past data, not a recommendation.
| Metric | ICICI Prudential Gilt Fund | HDFC Gilt Fund |
|---|---|---|
| 1Y return | +3.13% | +1.86% |
| 3Y CAGR | +7.28% | +6.36% |
| 5Y CAGR | +6.61% | +5.47% |
| Sharpe ratio | -0.23 | -0.60 |
| Max drawdown | -3.1% | -3.0% |
| Volatility | 2.4% | 2.8% |
| Alpha | +0.31% | -0.43% |
| Expense ratio (Direct) | 0.57% | 0.46% |
| AUM | ₹9.3K Cr | ₹2.7K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
HDFC Gilt Fund has the lower Direct-plan expense ratio (0.46%), versus 0.57% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
ICICI Prudential Gilt Fund has the higher 3-year CAGR (+7.28%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.