ICICI Prudential Medium Term Bond Fund vs HDFC Medium Term Debt Fund
Updated June 2026 · both Medium Duration funds · metrics from AMFI NAVs
In short: ICICI Prudential Medium Term Bond Fund has the higher 3-year return (+8.26%); HDFC Medium Term Debt Fund has the lower expense ratio (0.69%); ICICI Prudential Medium Term Bond Fund has the better risk-adjusted return (Sharpe 0.02). This is analysis from past data, not a recommendation.
| Metric | ICICI Prudential Medium Term Bond Fund | HDFC Medium Term Debt Fund |
|---|---|---|
| 1Y return | +6.88% | +5.91% |
| 3Y CAGR | +8.26% | +7.73% |
| 5Y CAGR | +7.27% | +6.72% |
| Sharpe ratio | 0.02 | -0.29 |
| Max drawdown | -1.2% | -1.9% |
| Volatility | 1.3% | 1.5% |
| Alpha | +1.36% | +0.98% |
| Expense ratio (Direct) | 0.73% | 0.69% |
| AUM | ₹5.7K Cr | ₹3.8K 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 Medium Term Debt Fund has the lower Direct-plan expense ratio (0.69%), versus 0.73% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
ICICI Prudential Medium Term Bond Fund has the higher 3-year CAGR (+8.26%). 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.