Question 1

Which funds are similar to ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW?

Accepted Answer

Funds similar to ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW in the Debt: Medium to Long Duration category include SBI Medium to Long Duration Fund Direct-Growth, ICICI Prudential Bond Fund Direct Plan-Growth, and Kotak Bond Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

Question 2

What is the rank of ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW in its category?

Accepted Answer

On a 3-year return basis ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW is ranked 2 out of 13 funds in the Debt: Medium to Long Duration category as of 16 Jul 2026. On a 5-year return basis it ranks 2 out of 13. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.

Question 3

How does ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW's expense ratio compare to similar funds?

Accepted Answer

ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW has an expense ratio of 0.42%. The peers SBI Medium to Long Duration Fund Direct-Growth has an expense ratio of 0.78% and ICICI Prudential Bond Fund Direct Plan-Growth has 0.54%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

Question 4

How does ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW's AUM compare to similar funds?

Accepted Answer

ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW has an AUM of ₹105.17 crore. The peers SBI Medium to Long Duration Fund Direct-Growth has an AUM of ₹2,054.73 crore and ICICI Prudential Bond Fund Direct Plan-Growth has ₹2,002.23 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Question 5

Which fund has the best 3-year returns in the Debt: Medium to Long Duration?

Accepted Answer

The top performing fund in the Debt: Medium to Long Duration category on a 3-year basis is LIC MF Medium to Long Duration Fund Direct-Growth with a CAGR of 7.54% as of 16 Jul 2026. ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW has delivered 7.53% CAGR over the same period, ranking 2 out of 13 funds. You can view and compare the full category ranking on sharpely.

Question 6

How does ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW rank in risk-adjusted returns vs peers?

Accepted Answer

On a risk-adjusted basis, ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW has a Sharpe ratio of 0.98 compared to the Debt: Medium to Long Duration average of 0.47 as of 16 Jul 2026. It ranks 1 out of 13 funds in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	+5.52%	4.25%	1 / 14
3Y Return	+7.53%	6.98%	2 / 13
5Y Return	+6.68%	6.36%	2 / 13
10Y Return	+7.44%	6.81%	3 / 13

ICICI Prudential Diversified Debt Strategy Active FoF Direct-IDCW

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