close search
Home Mutual FundsDebtUltra Short Duration FundICICI Prudential Ultra Short Term Fund

ICICI Prudential Ultra Short Term Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Ultra Short Duration Fund category.

The NAV for ICICI Prudential Ultra Short Term Fund Fund is 26.938 as of 21 Feb 2025. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 6.44% annualized return for the last 3 years.

ICICI Prudential Ultra Short Term Fund has 5 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Moderate risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Fund Information

  • As of 31 Aug 2023, fund size of ICICI Prudential Ultra Short Term Fund is 13,853.92 Cr.

  • ICICI Prudential Ultra Short Term Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.82%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • ICICI Prudential Ultra Short Term Fund is an Debt oriented mutual fund in the - Ultra Short Duration Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for ICICI Prudential Ultra Short Term Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 01 May 2011 as at present it is 14 years old fund.

  • Name of the AMC is ICICI Prudential Mutual Fund. Click here to know more about ICICI Prudential Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. ICICI Prudential Ultra Short Term Fund managed by following fund manager(s);

Riskometer

Investors understand that their principal
will be at Moderate risk

How does the Return Comparison of the ICICI Prudential Ultra Short Term Fund fare against peer funds in the Ultra Short Duration fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by ICICI Prudential Ultra Short Term Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Ultra Short Duration fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.14% 0.66% 1.82% 3.79% 7.76% 7.53% 6.70% 6.17% 7.18%
Category Average 0.12% 0.58% 1.65% 3.41% 7.08% 6.91% 6.15% 5.42% 6.27%
ICICI Prudential Ultra Short Term Fund 0.14% 0.59% 1.70% 3.52% 7.39% 7.23% 6.44% 5.84% 7.08%
Aditya Birla Sun Life Savings Fund 0.13% 0.61% 1.82% 3.79% 7.76% 7.53% 6.70% 6.11% 7.18%
Aditya Birla Sun Life Savings Fund 0.13% 0.61% 1.82% 3.79% 7.76% 7.53% 6.70% 6.11% 7.18%
Baroda BNP Paribas Ultra Short Duration Fund 0.13% 0.61% 1.74% 3.59% 7.45% 7.37% 6.65% 5.67% -
Mirae Asset Ultra Short Duration Fund 0.14% 0.62% 1.78% 3.66% 7.61% 7.44% 6.64% - -
HSBC Ultra Short Duration Fund 0.13% 0.60% 1.72% 3.53% 7.38% 7.23% 6.46% 5.57% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of ICICI Prudential Ultra Short Term Fund are shown below;

Equity -

Debt 96.45%

Others 3.57%

Top Holdings

Name of the InstrumentHolding Percentage
GOVERNMENT OF INDIA 16575 GOI 25NV23 8.83 FV RS 100 3.75%
EMBASSY OFFICE PARKS REIT SR III 6.40 NCD 15FB24 FVRS10LAC 3.12%
GOVERNMENT OF INDIA 33080 182 DAYS TBILL 21DC23 FV RS 100 2.34%
LIC HOUSING FINANCE LIMITED TR 385 8.33 NCD 31MY24 FVRS10L LOAUPTO25FB20 2.22%
GOVERNMENT OF INDIA 33000 182 DAYS TBILL 07DC23 FV RS 100 2.20%
Others 86.37%
Click here to know More

Allocation by Instruments

Type of the InstrumentHolding Percentage
GOVERNMENT SECURITIES 5.63%
DEBENTURE 25.72%
TREASURY BILLS 8.19%
BOND 7.10%
CERTIFICATE OF DEPOSIT 32.77%
COMMERCIAL PAPER 17.34%

Portfolio Holdings shown is as of 31 Aug 2023