Nippon India Nivesh Lakshya Long Duration Fund vs ICICI Prudential Long Term Bond Fund
Updated June 2026 · both Long Duration funds · metrics from AMFI NAVs
In short: ICICI Prudential Long Term Bond Fund has the higher 3-year return (+6.28%); Nippon India Nivesh Lakshya Long Duration Fund has the lower expense ratio (0.34%); Nippon India Nivesh Lakshya Long Duration Fund has the better risk-adjusted return (Sharpe -0.40). This is analysis from past data, not a recommendation.
| Metric | Nippon India Nivesh Lakshya Long Duration Fund | ICICI Prudential Long Term Bond Fund |
|---|---|---|
| 1Y return | -0.40% | +0.80% |
| 3Y CAGR | +5.67% | +6.28% |
| 5Y CAGR | +5.55% | +5.24% |
| Sharpe ratio | -0.40 | -0.51 |
| Max drawdown | -5.8% | -4.6% |
| Volatility | 4.4% | 3.6% |
| Alpha | -0.35% | +0.28% |
| Expense ratio (Direct) | 0.34% | 0.43% |
| AUM | ₹8.4K Cr | ₹986 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?
Nippon India Nivesh Lakshya Long Duration Fund has the lower Direct-plan expense ratio (0.34%), versus 0.43% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
ICICI Prudential Long Term Bond Fund has the higher 3-year CAGR (+6.28%). 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.