ICICI Prudential Nifty SDL Sep 2026 Index Fund Direct Growth NAV today
AMFI: 151211ISIN: INF109KC13P8MUTF_IN: ICIC_PRU_NIFT_1IMXBH9ICICI Prudential Mutual FundIndex funds
NAV ₹12.9566
NAV for 30 Sep 2026. Declared once a day.
Other plans: Regular Growth ₹12.8590 · Regular IDCW ₹12.8588 · Direct IDCW ₹12.9566
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹194 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 0.17%30 Sep 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought. Exit load in the glossary
- None
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- LowAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 030 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer. Launch date in the glossary
- 21 Dec 2022
ICICI Prudential Nifty SDL Sep 2026 Index Fund returns
Direct Growth plan
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out |
|---|---|
| 1 year | +5.68% |
| 3 years | +7.18% |
| Since launch | +7.10% |
As the fund house states them for the month.
Tracking error
Against Nifty SDL Sep 2026 Index, as on 30 Sep 2026.
Against its index, by window
| Measure | Direct, this plan | Regular |
|---|---|---|
| Tracking errorTracking error. How much an index fund's daily returns differed from its index's, stated as a yearly figure. Tracking error in the glossary | 0.34% | 0.34% |
| Difference, 1 yearTracking difference. The index fund's return less its index's return over the same period; the fund's costs make it negative. Tracking difference in the glossary | −0.17 pts | −0.38 pts |
| Difference, 3 years | −0.20 pts | −0.41 pts |
| Difference since launch | −0.20 pts | −0.42 pts |
Difference: the fund's return less the index's, in percentage points.
ICICI Prudential Nifty SDL Sep 2026 Index Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 0.20%Over the last 30 days filed
- Regular, 30-day average
- 0.40%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.21%, Jun 2023.Direct plan lowest 0.14%, Dec 2022.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.17% | 0.34% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.03% | 0.06% |
Per cent of assets a year, filed for 30 Sep 2026. The parts add up to that day's total.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹1,000
- Minimum top-up
- ₹500
- Minimum redemption
- ₹1
- SIP
- Not accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
As listed for this plan on 30 Sep 2026.
ICICI Prudential Nifty SDL Sep 2026 Index Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹216 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 76.3%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹310 Cr, quarter to Sep 2023.
Assets at each month end
Highest ₹285 Cr, Jun 2024.The latest month end is the lowest since Dec 2023.
ICICI Prudential Nifty SDL Sep 2026 Index Fund portfolio
Portfolio disclosed for 30 Sep 2026.
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal. Macaulay duration in the glossary
- 1day
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates. Modified duration in the glossary
- 1day
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid. Average maturity in the glossary
- 1day
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over. Maturity date known in the glossary
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window. Perpetual bonds in the glossary
- None
The bond book is the fund's bonds, bills and overnight lending.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | ||
|---|---|---|
| TREPS | 99.52% | 193.51 |
| Net Current Assets | 0.48% | 0.93 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Cash and receivables100.00%
Per cent of the fund's net assets.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared. Credit rating in the glossaryOther
- Overnight lending99.52%
Per cent of the fund's net assets.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off. Maturity profile in the glossary- Up to 1 month99.52%
- 1 to 3 monthsNone
- 3 to 6 monthsNone
- 6 to 12 monthsNone
- 1 to 3 yearsNone
- 3 to 5 yearsNone
- 5 to 10 yearsNone
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 0
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same. Matured in the glossary
- 8
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 0
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 0
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 95.45%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| State Government of Rajasthan | Matured | – | 46.67% | −46.67 pts | – |
| State Government of Tamil Nadu | Matured | – | 27.26% | −27.26 pts | – |
| State Government of Tamil Nadu | Matured | – | 5.21% | −5.21 pts | – |
| State Government of Gujarat | Matured | – | 4.55% | −4.55 pts | – |
| 91 Days Treasury Bills | Matured | – | 4.53% | −4.53 pts | – |
| State Government of Maharashtra | Matured | – | 3.09% | −3.09 pts | – |
| State Government of Uttar Pradesh | Matured | – | 2.27% | −2.27 pts | – |
| State Government of Maharashtra | Matured | – | 1.88% | −1.88 pts | – |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 91 Days Treasury Bills | – | – | – | – | – | – | – | – | – | – | 4.53%Bought | Repaid |
| State Government of Gujarat | 5.57%Bought | 4.06%Cut | 4.10% | 4.04% | 4.34% | 4.33% | 4.32% | 4.91% | 6.71%Added | 4.51%Cut | 4.55% | Repaid |
| State Government of Maharashtra | 0.67%Cut | 0.29%Cut | 0.30% | 0.29% | 0.31% | 0.31% | 0.31% | 0.36% | 2.59%Added | 2.61% | 3.09%Added | Repaid |
| State Government of Maharashtra | – | – | – | – | – | – | – | – | 1.85%Bought again | 1.86% | 1.88% | Repaid |
| State Government of Rajasthan | 1.22% | 1.21% | 1.23% | 10.53%Added | 11.31% | 11.29% | 13.21%Added | 36.86%Added | 48.15%Added | 46.23%Cut | 46.67% | Repaid |
| State Government of Tamil Nadu | 3.75%Cut | 3.73% | 3.76% | 3.70% | 3.97% | 3.96% | 3.94% | 4.48% | 4.48% | 4.51% | 5.21%Added | Repaid |
| State Government of Tamil Nadu | 3.71% | 3.69% | 3.72% | 3.67% | 3.94% | 3.93% | 3.92% | 4.46% | 4.47% | 4.50% | 27.26%Added | Repaid |
| State Government of Uttar Pradesh | – | – | – | – | – | – | – | – | – | – | 2.27%Bought | Repaid |
| State Government of Madhya Pradesh | 3.71% | 3.69% | 3.72% | 3.67% | 3.94% | 3.93% | 5.87%Added | 6.68% | 6.70% | 6.74% | Repaid | – |
| State Government of Maharashtra | 1.25% | 1.25% | 1.26% | 1.24% | 1.33% | 1.33% | 1.32% | 1.51% | 1.51% | 1.52% | Repaid | – |
| State Government of Maharashtra | 13.59% | 13.52% | 13.67% | 13.48% | 14.49% | 14.48% | 14.44% | 16.44% | 16.50% | 16.62% | Repaid | – |
| State Government of Uttar Pradesh | 1.85% | 1.84% | 1.86% | 1.83% | 1.97% | 1.97% | 1.96% | 2.23% | 2.23% | 2.25% | Repaid | – |
| State Government of West Bengal | – | – | – | 1.83%Bought | 1.97% | 1.97% | 1.96% | 2.23% | 2.23% | 2.25% | Repaid | – |
| State Government of Andhra Pradesh | 3.71% | 3.69% | 3.72% | 3.67% | 3.94% | 3.93% | 3.91% | 4.45% | Sold out | – | – | – |
| State Government of Kerala | 1.86% | 1.84% | 1.86% | 1.83% | 1.97% | 1.96% | 1.96% | 2.22% | Repaid | – | – | – |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
ICICI Prudential Nifty SDL Sep 2026 Index Fund managers
Managers before
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. Return in the manager's time in the glossary | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | ||
|---|---|---|---|---|---|
| Darshil DedhiaComanage | Jan 2024 | Sep 2026 | +7.16%a year | +7.34% | −0.18 pts |
| Rohit LakhotiaComanage | Jun 2023 | Sep 2026 | +7.00%a year | +7.19% | −0.20 pts |
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. Portfolio overlap in the glossary | Shared holdings. The number of securities both funds hold, cash and futures left out. Shared holdings in the glossary | |
|---|---|---|
| Bandhan CRISIL IBX 90:10 SDL Plus Gilt - Nov 2026 Index FundBandhan Mutual Fund | 10.40% | 3 |
| Aditya Birla Sun Life Nifty SDL Apr 2027 Index FundAditya Birla Sun Life Mutual Fund | 3.26% | 4 |
| Aditya Birla Sun Life Crisil IBX 60 40 SDL+AAA PSU-Apr 2027 Index FundAditya Birla Sun Life Mutual Fund | 1.06% | 1 |
Portfolios for Aug 2026. Overlap is per cent of the portfolio the two funds hold in common.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Dec 2025 to Aug 20269 months | Low | Low to ModerateNifty SDL Sep 2026 Index |
| Feb 2024 to Nov 202522 months | Low to Moderate | Low to ModerateNifty SDL Sep 2026 Index |
| Nov 2023 to Jan 20243 months | Low to Moderate | Nifty SDL Sep 2026 Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Fund details
Objective
The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the Nifty SDL Sep 2026 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Asset allocation
- State Development Loans (SDLs) of State Government/UTs forming part of Nifty SDL Sep 2026 Index = 95% - 100%
- Money Market instruments (Treasury Bills, Government Securities and Tri-Party Repos Only) = 0% -5%
Type of scheme
Open Ended
- Stated category
- Other Schemes – Index Fund
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary
- Nifty SDL Sep 2026 Index
- Potential risk classPotential risk class. The most risk a debt fund says it may take, as a letter and a numeral: the letter is credit risk, from A (relatively low) to C (relatively high), and the numeral is interest rate risk, from I (relatively low) to III (relatively high). Potential risk class in the glossary
- A-I
- Risk level at launch
- Moderate
- New fund offer
- 15 Dec 2022 to 20 Dec 2022
- Units first allotted
- 21 Dec 2022
- Open for sale again
- 27 Dec 2022
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹1,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 151211 | INF109KC13P8 | ICIC_PRU_NIFT_1IMXBH9 | 22 Dec 2022 | |
| Regular Growth | 151208 | INF109KC10P4 | ICIC_PRU_NIFT_1PKYVYG | 22 Dec 2022 | |
| Direct IDCW | 151210 | INF109KC14P6 | INF109KC15P3 | ICIC_PRU_NIFT_V0M5NX | 22 Dec 2022 |
| Regular IDCW | 151209 | INF109KC11P2 | INF109KC12P0 | ICIC_PRU_NIFT_1J6AH5C | 22 Dec 2022 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Complete Factsheet September 2026ICICI Prudential Mutual Fund, Sep 2026
- Passive Fund Factsheet September 2026ICICI Prudential Mutual Fund, Sep 2026
Statement of additional information
- SAI ICICI Prudential Mutual FundICICI Prudential Mutual Fund, Oct 2026
Annual report
- ICICI Prudential All Seasons Bond FundICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and Financial Services FundICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and PSU Debt FundICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Disclosure of Scheme Riskometer FY 2025-26ICICI Prudential Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap September 2026ICICI Prudential Mutual Fund, Sep 2026