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icici prudential nifty sdl sep 2027 index fund directgrowth
ℹ️ SIP Investments have been temporarily suspended
ICICI Prudential Mutual Fund

ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth

Debt: Target Maturity - Growth (Open ended)
SEBI Riskometer: Low to ModerateCategory: Debt: Target MaturityBenchmark: Nifty SDL Sep 2027 IndexCheck Portfolio Overlap →
NAV: ₹13.33+0.02%
13 Oct 2026
1 Week returns: 0.04 %
Category rank: 53/78
1 Month returns: 0.17 %
Category rank: 42/78
1 Year CAGR: 5.59 %
Category rank: 21/75
3 Years CAGR: 7.61 %
Category rank: 5/64
5 Years CAGR: -
Category rank: -
52 week high/low
₹12.57
₹13.32
AUM
1428.98
Expense Ratio
0.18
Inception
1648425.00
Credit Risk
Low
IR Risk
Low
YTM
6.27
Duration
0.90
Maturity
0.97
Tracking Error
1.05
Tracking Diff 1Y
-
Tracking Diff 3Y
-0.26
Return 3Y
7.61

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
3-year performance has been in the top 25th percentile

3-year CAGR of 7.61% is in the top 25th percentile in its category - Debt: Target Maturity

This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category

What is CAGR (3Y)?

Relatively low expense ratio

Expense ratio of the Index fund (0.18%) is lower than average expense ratio of other Index funds/ETFs (0.29%) tracking Nifty SDL Sep 2027 Index

This measures the relative expense of the index fund/ETF with respect to average expense ratio all index funds/ETFs tracking the same benchmark. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Negative
Not enough talking points with negative stance
Neutral
Moderate tracking error

Tracking error of the Index fund (1.05%) is in a reasonable range

This is a measure of how well an Index fund/ETF has been able to replicate the performance of the benchmark its tracking. As a passive investor, lower tracking error is always better

What is Tracking Error?

Tracking error in line with other ETFs/Index Funds

Tracking error of the Index fund is in line with average tracking error of other Index funds/ETFs (1.03%) tracking Nifty SDL Sep 2027 Index

This measures the relative tracking error of the Index fund/ETF with respect to average tracking error all index funds/ETFs tracking the same benchmark.

What is Tracking Error?

Scheme Overview

The scheme seeks to provide investment returns corresponding to the total returns of the securities as represented by the Nifty SDL Sep 2027 Index before expenses, subject to tracking errors.

Scheme Category Overview →

Plan Variants

ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-IDCW Yearly
Plan
IDCW Yearly
Payout
Annual

Fund Managers

Darshil Dedhia
Since: 22 Jan 2024
View details
Education
Mr. Dedhia has done CA and CFA.
Past Experience
He has been working with ICICI Prudential Mutual Fund since 2013.
Funds managed (17)
1.ICICI Prudential Ultra Short to Short Term Fund12 Jun 2023 – Present
2.ICICI Prudential Childrens Fund22 Jan 2024 – Present
3.ICICI Prudential Liquid Fund12 Jun 2023 – Present
4.ICICI Prudential Floating Interest Rates Fund12 Jun 2023 – Present
5.ICICI Prudential Arbitrage Fund13 Sep 2024 – Present
6.ICICI Prudential Overnight Fund12 Jun 2023 – Present
7.ICICI Prudential Retirement Fund - Pure Equity Plan22 Jan 2024 – Present
8.ICICI Prudential Retirement Fund - Hybrid Aggressive Plan22 Jan 2024 – Present
9.ICICI Prudential Retirement Fund - Hybrid Conservative Plan22 Jan 2024 – Present
10.ICICI Prudential Retirement Fund - Pure Debt Plan22 Jan 2024 – Present
11.ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I12 Jun 2023 – Present
12.ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund- Direct Plan22 Jan 2024 – Present
13.ICICI Prudential Nifty SDL Sep 2027 Index Fund22 Jan 2024 – Present
14.ICICI Prudential Nifty SDL Dec 2028 Index Fund22 Jan 2024 – Present
15.ICICI Prudential Nifty G-Sec Dec 2030 Index Fund22 Jan 2024 – Present
16.ICICI Prudential Fixed Maturity Plan - Series 88 1303 Days Plan S27 Feb 2023 – Present
17.ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund10 Mar 2025 – Present
Rohit Lakhotia
Since: 12 Jun 2023
View details
Education
Mr. Lakhotia has done B.Tech from NIT(Rourkela) and MBA from National Institute of Industrial Engineering
Past Experience
Prior to joining ICICI Prudential Mutual Fund, he has worked with Yes Bank and Samsung Electronics
Funds managed (15)
1.ICICI Prudential Childrens Fund12 Jun 2023 – Present
2.ICICI Prudential Banking and PSU Debt Fund12 Jun 2023 – Present
3.ICICI Prudential Retirement Fund - Pure Equity Plan22 Jan 2024 – Present
4.ICICI Prudential Retirement Fund - Hybrid Aggressive Plan12 Jun 2023 – Present
5.ICICI Prudential Retirement Fund - Hybrid Conservative Plan12 Jun 2023 – Present
6.ICICI Prudential Retirement Fund - Pure Debt Plan12 Jun 2023 – Present
7.ICICI Prudential Fixed Maturity Plan - Series 85 10 Years Plan I22 Jan 2024 – Present
8.ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund- Direct Plan12 Jun 2023 – Present
9.ICICI Prudential Nifty SDL Sep 2027 Index Fund12 Jun 2023 – Present
10.ICICI Prudential Nifty SDL Dec 2028 Index Fund12 Jun 2023 – Present
11.ICICI Prudential Nifty G-Sec Dec 2030 Index Fund12 Jun 2023 – Present
12.ICICI Prudential Fixed Maturity Plan - Series 88 1303 Days Plan S22 Jan 2024 – Present
13.ICICI Prudential Life Cycle Fund 203626 Aug 2026 – Present
14.ICICI Prudential Life Cycle Fund 203126 Aug 2026 – Present
15.ICICI Prudential Life Cycle Fund 204126 Aug 2026 – Present

Key Scheme Details

Inception
27 Mar 2022
Expense Ratio
0.18%
AUM
₹1,428.98 Cr
Lock in
No lock in
Taxation
Debt
Min. Investment
₹1,000
Min. Addl Investment
-
Min. SIP Investment
₹500
Exit load
-

AMC Overview

ICICI Prudential Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Sep 30, 2026
Total AUM: ₹ 11,11,684 Cr
Equity
₹ 5,54,433 Cr
Hybrid
₹ 2,65,017 Cr
Debt
₹ 2,50,278 Cr
Commodities
₹ 41,956 Cr
Dec 31, 2021Jan 31, 2022Feb 28, 2022Mar 31, 2022Apr 30, 2022May 31, 2022Jun 30, 2022Jul 31, 2022Aug 31, 2022Sep 30, 2022Oct 31, 2022Nov 30, 2022Dec 31, 2022Jan 31, 2023Feb 28, 2023Mar 31, 2023Apr 30, 2023May 31, 2023Jun 30, 2023Jul 31, 2023Aug 31, 2023Sep 30, 2023Oct 31, 2023Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Jul 31, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026Jul 31, 2026Aug 31, 2026Sep 30, 2026
equity1,59,475 Cr1,62,691 Cr1,60,433 Cr1,67,927 Cr1,69,223 Cr1,68,162 Cr1,63,241 Cr1,76,884 Cr1,81,722 Cr1,79,897 Cr1,91,777 Cr1,97,398 Cr1,92,252 Cr1,92,015 Cr1,90,162 Cr1,96,175 Cr2,03,490 Cr2,11,826 Cr2,21,904 Cr2,32,900 Cr2,35,793 Cr2,44,710 Cr2,42,969 Cr2,62,901 Cr2,84,873 Cr2,97,492 Cr3,08,186 Cr3,19,740 Cr3,33,636 Cr3,42,325 Cr3,69,853 Cr4,01,631 Cr4,15,272 Cr4,29,501 Cr4,15,039 Cr4,20,909 Cr4,20,579 Cr4,23,300 Cr4,00,357 Cr4,32,639 Cr4,52,333 Cr4,71,492 Cr4,87,593 Cr4,86,157 Cr4,87,322 Cr4,97,385 Cr5,20,382 Cr5,32,714 Cr5,38,870 Cr5,31,841 Cr5,36,886 Cr4,92,726 Cr5,41,286 Cr5,44,913 Cr5,60,244 Cr5,76,932 Cr5,81,510 Cr5,54,433 Cr
hybrid93,451 Cr95,848 Cr95,827 Cr96,102 Cr97,191 Cr97,107 Cr95,193 Cr97,927 Cr99,473 Cr98,529 Cr1,01,164 Cr1,02,545 Cr1,02,791 Cr1,03,411 Cr1,03,609 Cr1,02,889 Cr1,05,680 Cr1,09,042 Cr1,13,317 Cr1,18,505 Cr1,21,530 Cr1,27,107 Cr1,29,195 Cr1,37,294 Cr1,44,134 Cr1,49,223 Cr1,55,267 Cr1,60,025 Cr1,67,044 Cr1,70,422 Cr1,78,676 Cr1,86,708 Cr1,91,483 Cr1,96,678 Cr1,95,222 Cr1,95,238 Cr1,94,553 Cr1,97,463 Cr1,94,132 Cr2,01,854 Cr2,08,763 Cr2,14,987 Cr2,23,639 Cr2,26,176 Cr2,30,898 Cr2,37,099 Cr2,44,769 Cr2,51,625 Cr2,56,077 Cr2,58,890 Cr2,62,964 Cr2,46,062 Cr2,61,119 Cr2,61,250 Cr2,66,466 Cr2,71,976 Cr2,74,221 Cr2,65,017 Cr
debt2,01,301 Cr2,09,725 Cr2,05,323 Cr1,90,145 Cr2,00,209 Cr1,96,744 Cr1,88,032 Cr1,87,253 Cr1,98,386 Cr1,88,177 Cr1,87,827 Cr1,91,374 Cr1,89,197 Cr1,97,332 Cr1,97,796 Cr1,84,212 Cr2,05,648 Cr2,10,118 Cr2,08,982 Cr2,25,732 Cr2,18,363 Cr2,10,815 Cr2,15,214 Cr2,15,849 Cr2,10,217 Cr2,19,019 Cr2,29,448 Cr2,02,063 Cr2,26,247 Cr2,31,395 Cr2,25,321 Cr2,40,522 Cr2,43,225 Cr2,33,636 Cr2,45,740 Cr2,49,083 Cr2,42,517 Cr2,53,029 Cr2,49,064 Cr2,32,857 Cr2,56,334 Cr2,56,948 Cr2,61,897 Cr2,74,981 Cr2,75,783 Cr2,68,809 Cr2,79,552 Cr2,80,683 Cr2,66,019 Cr2,81,646 Cr2,81,626 Cr2,47,147 Cr2,69,390 Cr2,68,415 Cr2,52,416 Cr2,67,669 Cr2,70,836 Cr2,50,278 Cr
commodities2,655 Cr2,380 Cr2,556 Cr2,912 Cr3,899 Cr3,911 Cr3,816 Cr3,535 Cr3,496 Cr3,764 Cr3,956 Cr4,169 Cr4,061 Cr3,921 Cr3,783 Cr3,714 Cr3,672 Cr3,027 Cr3,596 Cr3,989 Cr4,897 Cr4,768 Cr4,953 Cr5,394 Cr5,500 Cr6,176 Cr6,647 Cr7,090 Cr6,854 Cr7,549 Cr7,546 Cr7,528 Cr7,893 Cr8,739 Cr9,668 Cr9,760 Cr9,657 Cr11,349 Cr11,504 Cr11,988 Cr12,107 Cr12,880 Cr14,103 Cr14,897 Cr16,027 Cr20,276 Cr21,412 Cr24,351 Cr32,597 Cr47,637 Cr42,790 Cr38,982 Cr41,096 Cr43,564 Cr39,090 Cr39,523 Cr43,432 Cr41,956 Cr
Total4,56,883 Cr4,70,644 Cr4,64,139 Cr4,57,086 Cr4,70,523 Cr4,65,924 Cr4,50,282 Cr4,65,599 Cr4,83,078 Cr4,70,367 Cr4,84,724 Cr4,95,486 Cr4,88,302 Cr4,96,680 Cr4,95,350 Cr4,86,990 Cr5,18,490 Cr5,34,013 Cr5,47,799 Cr5,81,126 Cr5,80,583 Cr5,87,400 Cr5,92,330 Cr6,21,439 Cr6,44,724 Cr6,71,910 Cr6,99,548 Cr6,88,919 Cr7,33,780 Cr7,51,691 Cr7,81,394 Cr8,36,389 Cr8,57,872 Cr8,68,554 Cr8,65,669 Cr8,74,991 Cr8,67,306 Cr8,85,140 Cr8,55,056 Cr8,79,337 Cr9,29,537 Cr9,56,306 Cr9,87,232 Cr10,02,211 Cr10,10,030 Cr10,23,569 Cr10,66,114 Cr10,89,373 Cr10,93,563 Cr11,20,013 Cr11,24,266 Cr10,24,916 Cr11,12,891 Cr11,18,142 Cr11,18,215 Cr11,56,100 Cr11,69,999 Cr11,11,684 Cr

AMC Details

AMC
ICICI Prudential Mutual Fund
CEO
Nimesh Shah(Chief Executive Officer)
CIO
Sankaran Naren(Chief Investment Officer), Manish Banthia(Chief Investment Officer-Debt)
IRO
Rajen Kotak
Trustee
ICICI Prudential Trust Ltd
Address
One BKC , A Wing ,, 13th Floor, Bandra Kurla Complex,, Mumbai

Frequently Asked Questions

What is the current NAV of ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth?
The current NAV of ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth is ₹13.33 as of 12 Oct 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth?
The AUM (Assets Under Management) of ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth is ₹1,428.98 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth?
The expense ratio of ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth is 0.18% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth?
ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth is managed by Darshil Dedhia, Rohit Lakhotia. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth?
The benchmark of ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth is Nifty SDL Sep 2027 Index. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth launched?
ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth was launched on 27 Mar 2022. The fund has been in existence for 4 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth?
The minimum investment in ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth is ₹1,000 for a lump sum and ₹500 per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth?
The exit load on ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth is shown in the Scheme Overview section above. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth belong to?
ICICI Prudential Nifty SDL Sep 2027 Index Fund Direct-Growth belongs to the Debt: Target Maturity category. You can view other funds in this category.