Previously Known As : Icici Prudential Ultra Short Term Plan
Icici Prudential Corporate Bond Fund Overview
Category Corporate Bond Fund
BMSMONEY Rank 2
Rating
Growth Option 18-07-2025
NAV ₹30.08(R) +0.05% ₹31.51(D) +0.05%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 9.1% 8.1% 6.46% 7.6% 7.61%
Direct 9.35% 8.35% 6.74% 7.9% 7.92%
Benchmark
SIP (XIRR) Regular -7.22% 2.87% 5.58% 6.57% 6.65%
Direct -7.01% 3.11% 5.85% 6.85% 6.95%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.13 5.17 0.81 4.61% 0.06
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.73% 0.0% 0.0% 0.39 0.43%
Fund AUM As on: 30/06/2025 31407 Cr
Top Corporate Bond Fund
Fund Name Rank Rating
Nippon India Corporate Bond Fund 1
Icici Prudential Corporate Bond Fund 2
Baroda BNP Paribas Corporate Bond Fund 3
Kotak Corporate Bond Fund 4

NAV Date: 18-07-2025

Scheme Name NAV Rupee Change Percent Change
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW 10.27
0.0100
0.0500%
ICICI Prudential Corporate Bond Fund - Monthly IDCW 10.43
0.0100
0.0500%
ICICI Prudential Corporate Bond Fund -Quarterly IDCW 11.17
0.0100
0.0500%
ICICI Prudential Corporate Bond Fund - Direct Plan - Quarterly IDCW 15.46
0.0100
0.0500%
ICICI Prudential Corporate Bond Fund - Growth 30.08
0.0200
0.0500%
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth 31.51
0.0200
0.0500%

Review Date: 18-07-2025

Beginning of Analysis

In the Corporate Bond Fund category, Icici Prudential Corporate Bond Fund is the second ranked fund. The category has total 19 funds. The 5 star rating shows an excellent past performance of the Icici Prudential Corporate Bond Fund in Corporate Bond Fund. The fund has a Jensen Alpha of 4.61% which is higher than the category average of 2.39%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 3.13 which is higher than the category average of 1.63.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Corporate Bond Mutual Funds are a good option for investors seeking higher returns than traditional debt instruments while maintaining moderate risk. However, they are not entirely risk-free and are subject to credit risk, interest rate risk, and market risk. Investors should carefully assess their risk appetite, investment horizon, and tax implications before investing in these funds.

Icici Prudential Corporate Bond Fund Return Analysis

  • The fund has given a return of 0.62%, 1.94 and 5.17 in last one, three and six months respectively. In the same period the category average return was 0.55%, 1.96% and 5.38% respectively.
  • Icici Prudential Corporate Bond Fund has given a return of 9.35% in last one year. In the same period the Corporate Bond Fund category average return was 9.7%.
  • The fund has given a return of 8.35% in last three years and ranked 3.0rd out of 19 funds in the category. In the same period the Corporate Bond Fund category average return was 8.04%.
  • The fund has given a return of 6.74% in last five years and ranked 4th out of 16 funds in the category. In the same period the Corporate Bond Fund category average return was 6.43%.
  • The fund has given a return of 7.92% in last ten years and ranked 4th out of nine funds in the category. In the same period the category average return was 7.8%.
  • The fund has given a SIP return of -7.01% in last one year whereas category average SIP return is -6.77%. The fund one year return rank in the category is 14th in 20 funds
  • The fund has SIP return of 3.11% in last three years and ranks 12th in 19 funds. Franklin India Corporate Debt Fund has given the highest SIP return (3.75%) in the category in last three years.
  • The fund has SIP return of 5.85% in last five years whereas category average SIP return is 5.59%.

Icici Prudential Corporate Bond Fund Risk Analysis

  • The fund has a standard deviation of 0.73 and semi deviation of 0.43. The category average standard deviation is 1.12 and semi deviation is 0.71.
  • The fund has a beta of 0.45 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Corporate Bond Fund Category
  • Good Performance in Corporate Bond Fund Category
  • Poor Performance in Corporate Bond Fund Category
  • Very Poor Performance in Corporate Bond Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.60
    0.52
    		0.45 | 0.78 2 | 20 Very Good
    3M Return % 1.88
    1.86
    		1.32 | 3.32 7 | 20 Good
    6M Return % 5.06
    5.19
    		4.29 | 6.32 14 | 20 Average
    1Y Return % 9.10
    9.28
    		7.92 | 10.37 14 | 20 Average
    3Y Return % 8.10
    7.62
    		6.74 | 8.14 2 | 19 Very Good
    5Y Return % 6.46
    6.01
    		5.20 | 6.80 3 | 16 Very Good
    7Y Return % 7.60
    7.18
    		6.19 | 7.82 3 | 13 Very Good
    10Y Return % 7.61
    7.39
    		6.60 | 7.84 3 | 9 Very Good
    15Y Return % 7.30
    13.30
    		7.30 | 45.93 7 | 7 Poor
    1Y SIP Return % -7.22
    -7.11
    		-8.54 | -5.42 12 | 20 Average
    3Y SIP Return % 2.87
    2.72
    		1.70 | 3.18 8 | 19 Good
    5Y SIP Return % 5.58
    5.17
    		4.30 | 5.76 3 | 16 Very Good
    7Y SIP Return % 6.57
    6.16
    		5.33 | 6.65 2 | 13 Very Good
    10Y SIP Return % 6.65
    6.37
    		5.52 | 6.81 3 | 9 Very Good
    15Y SIP Return % 7.20
    12.81
    		7.09 | 45.55 6 | 7 Average
    Standard Deviation 0.73
    1.12
    		0.73 | 1.36 1 | 19 Very Good
    Semi Deviation 0.43
    0.71
    		0.43 | 0.91 1 | 19 Very Good
    Max Drawdown % 0.00
    -0.10
    		-0.61 | 0.00 6 | 19 Good
    Average Drawdown % 0.00
    -0.09
    		-0.61 | 0.00 6 | 19 Good
    Sharpe Ratio 3.13
    1.63
    		0.91 | 3.13 1 | 19 Very Good
    Sterling Ratio 0.81
    0.75
    		0.66 | 0.81 2 | 19 Very Good
    Sortino Ratio 5.17
    1.31
    		0.50 | 5.17 1 | 19 Very Good
    Jensen Alpha % 4.61
    2.39
    		1.21 | 4.61 1 | 19 Very Good
    Treynor Ratio 0.06
    0.03
    		0.02 | 0.06 1 | 19 Very Good
    Modigliani Square Measure % 13.33
    8.40
    		6.95 | 13.33 1 | 19 Very Good
    Alpha % -0.17
    -0.79
    		-1.72 | -0.17 1 | 19 Very Good
    Return data last Updated On : July 18, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.62 0.55 0.48 | 0.83 2 | 20
    3M Return % 1.94 1.96 1.48 | 3.46 11 | 20
    6M Return % 5.17 5.38 4.62 | 6.62 15 | 20
    1Y Return % 9.35 9.70 8.62 | 11.00 17 | 20
    3Y Return % 8.35 8.04 7.43 | 8.53 3 | 19
    5Y Return % 6.74 6.43 5.69 | 7.19 4 | 16
    7Y Return % 7.90 7.62 6.53 | 7.99 3 | 13
    10Y Return % 7.92 7.80 7.32 | 8.00 4 | 9
    1Y SIP Return % -7.01 -6.77 -7.97 | -4.89 14 | 20
    3Y SIP Return % 3.11 3.13 2.38 | 3.75 12 | 19
    5Y SIP Return % 5.85 5.59 4.93 | 6.15 4 | 16
    7Y SIP Return % 6.85 6.60 6.01 | 6.96 3 | 13
    10Y SIP Return % 6.95 6.77 6.22 | 6.98 3 | 9
    Standard Deviation 0.73 1.12 0.73 | 1.36 1 | 19
    Semi Deviation 0.43 0.71 0.43 | 0.91 1 | 19
    Max Drawdown % 0.00 -0.10 -0.61 | 0.00 6 | 19
    Average Drawdown % 0.00 -0.09 -0.61 | 0.00 6 | 19
    Sharpe Ratio 3.13 1.63 0.91 | 3.13 1 | 19
    Sterling Ratio 0.81 0.75 0.66 | 0.81 2 | 19
    Sortino Ratio 5.17 1.31 0.50 | 5.17 1 | 19
    Jensen Alpha % 4.61 2.39 1.21 | 4.61 1 | 19
    Treynor Ratio 0.06 0.03 0.02 | 0.06 1 | 19
    Modigliani Square Measure % 13.33 8.40 6.95 | 13.33 1 | 19
    Alpha % -0.17 -0.79 -1.72 | -0.17 1 | 19
    Return data last Updated On : July 18, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Icici Prudential Corporate Bond Fund NAV Regular Growth Icici Prudential Corporate Bond Fund NAV Direct Growth
    18-07-2025 30.0752 31.5063
    17-07-2025 30.059 31.4891
    16-07-2025 30.0486 31.4781
    15-07-2025 30.0459 31.4751
    14-07-2025 30.0413 31.47
    11-07-2025 30.024 31.4513
    10-07-2025 30.0119 31.4384
    09-07-2025 30.0129 31.4394
    08-07-2025 30.0127 31.4389
    07-07-2025 30.0132 31.4392
    04-07-2025 29.991 31.4154
    03-07-2025 29.9858 31.4097
    02-07-2025 29.9691 31.3921
    01-07-2025 29.9484 31.3702
    30-06-2025 29.9269 31.3475
    27-06-2025 29.9071 31.3262
    26-06-2025 29.9074 31.3264
    25-06-2025 29.9074 31.3262
    24-06-2025 29.9171 31.3361
    23-06-2025 29.8964 31.3142
    20-06-2025 29.885 31.3017
    19-06-2025 29.881 31.2973
    18-06-2025 29.8951 31.3119

    Fund Launch Date: 10/Jun/2009
    Fund Category: Corporate Bond Fund
    Investment Objective: To generate income through investing predominantly in AA+ and above rated corporate bonds 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.
    Fund Description: An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds
    Fund Benchmark: CRISIL AAA Short Term Bond Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.