Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential Medium Term Fund

Holds 7 companies worth ₹480 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹5,331 CrICICI Prudential Medium Term Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.6% on Aug 2026, ₹5,419 Cr.

  • Largest holding

    Embassy Office Parks ReitEmbassy Office Parks Reit is 3.6% of this scheme's NAV.

  • Fund manager

    Manish BanthiaRuns its co-manager part since 7 Nov 2016, as the fund house dates it. With Akhil Kakkar (co-manager).

Overview(1 Sept 2026)

Fund managers2

  1. Manish BanthiaCo-manager · Nov 2016 · 22y · MBA B.Com
  2. Akhil KakkarCo-manager · Jan 2024 · 18y · PGDM B.Tech

    Key facts

    Benchmark
    NIFTY Medium Duration Debt Index A-III
    Expense
    Regular 1.36% · Direct 0.73%
    Exit load
    10% within 1 year
    Started
    15 Sept 2004
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 1 Sept 2026 at AMFI.

    What changed(2 changes)

    Aug 2026

    2 changes
    1. Expense ratio
      31 AugRegular 1.4% → 1.36%Direct 0.74% → 0.73%
    2. Category
      31 AugDebt - Medium Duration Fund → Debt - Medium Term Fund

    Source.Its filings at NSE, since Jan 2026.

    Fund managers over time(Nov 2016 – now)

    1. Manish Banthia
    2. Akhil Kakkar
    MainCoSlice20172019202120232025
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Jan 2026 – Sept 2026)

    Every change to the expense ratio, newest first.
    2 changesRegularDirectΔ pt
    31 Aug 20261.36%0.73%0.01
    5 Jan 20261.40%0.74%–
    Direct plan, 31 Aug 2026
    0.73%
    Regular plan 1.36% · Exit load 10% within 1 year
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(1 Sept 2026)

    Objective

    To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

    Risk, type and benchmark

    At launch
    Moderately High
    Risk class
    B-III: moderate credit risk, relatively high interest-rate risk
    Type
    Open Ended
    Benchmark
    NIFTY Medium Duration Debt Index A-III

    Asset allocation it may hold% of NAV

    1. Debt Instruments
      Allowed40–100%
    2. Money market instruments
      Allowed0–50%

    Holds in Sept 2026.4.4% equity · 91.0% debt and cash · 4.6% REITs and InvITs

    How to invest(1 Sept 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1
    SIP how often
    Daily,Weekly,Fortnightly,Monthly,Quarterly
    SIP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
    SIP minimum
    Daily,Weekly,Fortnightly,Monthly = Rs. 1000 Quarterly = Rs. 5,000, then re. 1/-
    SIP instalments
    Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4

    Selling and switching

    To redeem
    Any amount
    Switch minimum
    ₹5,000
    Switch multiples
    Any amount
    STP how often
    Daily,Weekly,Monthly,Quarterly
    STP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Monthly = Any day* Quarterly = Any day* *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
    STP minimum
    Monthly, Weekly, Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
    STP instalments
    Daily,Weekly,Monthly = 6 Quarterly = 4
    SWP how often
    Monthly,Quarterly, Half Yearly,Annual
    SWP dates
    Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
    SWP instalments
    Monthly,Quarterly, Half Yearly,Annual = 2

    Scheme details(1 Sept 2026)

    What it is

    Category
    Debt - Medium Term Fund
    Offer
    24 Aug 2004 to 4 Sept 2004
    Started
    15 Sept 2004
    Reopened
    16 Sept 2004
    Plans
    ICICI Prudential Medium Term Fund- Direct Plan - Growth · ICICI Prudential Medium Term Fund- Direct Plan - IDCW - Quarterly · ICICI Prudential Medium Term Fund- Growth · ICICI Prudential Medium Term Fund- IDCW - Quarterly
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    Provisions for swing pricing have been added as as enabler
    Side-pocketing
    Provisions for Segregated Portfolio have been added as as enabler
    Custodian
    Citibank N.A., HDFC Bank Limited, HSBC and SBI-SG Global Securities Services Private Limited
    Auditor
    BSR & Co. LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    ICIC/O/D/MDF/12/02/0042