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ICICI Prudential Short Term Fund Direct Growth
DebtShort DurationModerate Risk
Direct
NAV (21-Nov-24)
₹62.110.00%1D
Returns (Since Inception)
8.54%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹19,922 Cr
Expense Ratio
0.45%
ISIN
INF109K013N3
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
ICICI Prudential Short Term Fund Direct Growth is a Short Duration mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹62.11, Assets Under Management (AUM) of 19922.45 Crores, and an expense ratio of 0.45%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹62.11, Assets Under Management (AUM) of 19922.45 Crores, and an expense ratio of 0.45%.
- ICICI Prudential Short Term Fund Direct Growth has given a CAGR return of 8.54% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 88.98% in debts, and 10.77% in cash & cash equivalents.
- You can start investing in ICICI Prudential Short Term Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.60%
+7.59% (Cat Avg.)
3 Years
+7.14%
+5.93% (Cat Avg.)
5 Years
+7.59%
+6.12% (Cat Avg.)
10 Years
+8.31%
+6.13% (Cat Avg.)
Since Inception
+8.54%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹17,727.99 Cr | 88.98% |
| Others | ₹2,194.46 Cr | 11.02% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹2,351.57 Cr | 11.80% |
| 7.93% Govt Stock 2033 | Bond - Gov't/Treasury | ₹1,553.28 Cr | 7.80% |
| 7.53% Govt Stock 2034 | Bond - Gov't/Treasury | ₹920.76 Cr | 4.62% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹644.42 Cr | 3.23% |
| Net Current Assets | Cash | ₹403.7 Cr | 2.03% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹369.71 Cr | 1.86% |
| SANSAR AUG 2024 VII TRUST | Bond - Asset Backed | ₹352.17 Cr | 1.77% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹349.82 Cr | 1.76% |
| Punjab National Bank ** | Cash | ₹341.05 Cr | 1.71% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹301.26 Cr | 1.51% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹300.26 Cr | 1.51% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹300.21 Cr | 1.51% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹298.28 Cr | 1.50% |
| Small Industries Development Bank Of India. ** | Cash | ₹293.66 Cr | 1.47% |
| Summit Digitel Infrastructure Ltd | Bond - Corporate Bond | ₹285.42 Cr | 1.43% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹264.24 Cr | 1.33% |
| Pipeline Infrastructure Private Limited | Bond - Corporate Bond | ₹258.11 Cr | 1.30% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹249.57 Cr | 1.25% |
| Hdfc Bank Ltd. ** | Cash | ₹245.29 Cr | 1.23% |
| Bank Of India ** | Cash | ₹244 Cr | 1.22% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹218.59 Cr | 1.10% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹204.65 Cr | 1.03% |
| DLF Cyber City Developers Ltd. | Bond - Corporate Bond | ₹201.49 Cr | 1.01% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹201.43 Cr | 1.01% |
| SANSAR JUNE 2024 TRUST | Bond - Asset Backed | ₹201.18 Cr | 1.01% |
| Embassy Office Parks REIT | Bond - Corporate Bond | ₹200.58 Cr | 1.01% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹200.32 Cr | 1.01% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹200.29 Cr | 1.01% |
| Oberoi Realty Ltd. | Bond - Corporate Bond | ₹199.48 Cr | 1.00% |
| Avanse Financial Services Limited | Bond - Corporate Bond | ₹199.38 Cr | 1.00% |
| TATA Motors Finance Limited | Bond - Corporate Bond | ₹199.29 Cr | 1.00% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹198.53 Cr | 1.00% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹190.08 Cr | 0.95% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹184.77 Cr | 0.93% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹174.47 Cr | 0.88% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹155.26 Cr | 0.78% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹150.03 Cr | 0.75% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹149.77 Cr | 0.75% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹144.91 Cr | 0.73% |
| Kotak Mahindra Bank Ltd. | Cash | ₹143.7 Cr | 0.72% |
| Torrent Power Limited | Bond - Corporate Bond | ₹141.73 Cr | 0.71% |
| Sundaram Home Finance Limited | Bond - Corporate Bond | ₹135.37 Cr | 0.68% |
| Aditya Birla Housing Finance Limited | Bond - Corporate Bond | ₹134.7 Cr | 0.68% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹131.37 Cr | 0.66% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹129.02 Cr | 0.65% |
| Nirma Limited | Bond - Corporate Bond | ₹125.98 Cr | 0.63% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹123.31 Cr | 0.62% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹120.42 Cr | 0.60% |
| Tata Motors Finance Limited | Bond - Corporate Bond | ₹119.58 Cr | 0.60% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹116.55 Cr | 0.58% |
| Motherson Sumi Systems Limited | Bond - Corporate Bond | ₹105.26 Cr | 0.53% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹103.3 Cr | 0.52% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹101.15 Cr | 0.51% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹100.3 Cr | 0.50% |
| Narayana Hrudayalaya Limited | Bond - Corporate Bond | ₹100.25 Cr | 0.50% |
| HDFC Credila Financial Services Limited | Bond - Corporate Bond | ₹99.89 Cr | 0.50% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.73 Cr | 0.50% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹99.23 Cr | 0.50% |
| Union Bank Of India ** | Cash | ₹97.32 Cr | 0.49% |
| Axis Bank Ltd. ** | Cash | ₹95.78 Cr | 0.48% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹89.87 Cr | 0.45% |
| Smfg India Credit Company Limited | Bond - Corporate Bond | ₹85.46 Cr | 0.43% |
| Altius Telecom Infrastructure Trust | Bond - Corporate Bond | ₹85.19 Cr | 0.43% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹83.85 Cr | 0.42% |
| Citicorp Finance (India) Limited | Bond - Corporate Bond | ₹79.95 Cr | 0.40% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹75.81 Cr | 0.38% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹75.79 Cr | 0.38% |
| Smfg India Home Finance Company Limited | Bond - Corporate Bond | ₹75.14 Cr | 0.38% |
| Titan Company Limited | Bond - Corporate Bond | ₹75.13 Cr | 0.38% |
| Titan Company Limited | Bond - Corporate Bond | ₹75.07 Cr | 0.38% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹70.41 Cr | 0.35% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹69.59 Cr | 0.35% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹67.56 Cr | 0.34% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹60.14 Cr | 0.30% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹60.12 Cr | 0.30% |
| Fullerton India Credit Company Ltd | Bond - Corporate Bond | ₹60 Cr | 0.30% |
| Pipeline Infrastructure Ltd. | Bond - Corporate Bond | ₹59.88 Cr | 0.30% |
| Rec Limited | Bond - Corporate Bond | ₹58.89 Cr | 0.30% |
| Dme Development Limited | Bond - Corporate Bond | ₹58.48 Cr | 0.29% |
| Dme Development Limited | Bond - Corporate Bond | ₹56.61 Cr | 0.28% |
| Dme Development Limited | Bond - Corporate Bond | ₹56.54 Cr | 0.28% |
| Dme Development Limited | Bond - Corporate Bond | ₹56.21 Cr | 0.28% |
| Dme Development Limited | Bond - Corporate Bond | ₹56.01 Cr | 0.28% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹55.83 Cr | 0.28% |
| Dme Development Limited | Bond - Corporate Bond | ₹55.59 Cr | 0.28% |
| Dme Development Limited | Bond - Corporate Bond | ₹55.34 Cr | 0.28% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹55.18 Cr | 0.28% |
| Sheela Foam Limited | Bond - Corporate Bond | ₹55.16 Cr | 0.28% |
| Sheela Foam Limited | Bond - Corporate Bond | ₹55.14 Cr | 0.28% |
| Sheela Foam Limited | Bond - Corporate Bond | ₹55.04 Cr | 0.28% |
| Sheela Foam Limited | Bond - Corporate Bond | ₹55.03 Cr | 0.28% |
| Dme Development Limited | Bond - Corporate Bond | ₹55.02 Cr | 0.28% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹55.01 Cr | 0.28% |
| Dme Development Limited | Bond - Corporate Bond | ₹54.99 Cr | 0.28% |
| Dme Development Limited | Bond - Corporate Bond | ₹53.71 Cr | 0.27% |
| Torrent Power Limited | Bond - Corporate Bond | ₹52.54 Cr | 0.26% |
| Motherson Sumi Systems Limited | Bond - Corporate Bond | ₹50.6 Cr | 0.25% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹50.39 Cr | 0.25% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.19 Cr | 0.25% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.14 Cr | 0.25% |
| 360 One Prime Ltd. | Bond - Corporate Bond | ₹50.05 Cr | 0.25% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.92 Cr | 0.25% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹49.87 Cr | 0.25% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹49.09 Cr | 0.25% |
| Corporate Debt Market Development Fund (Class A2) | Mutual Fund - Open End | ₹48.51 Cr | 0.24% |
| Treps | Cash - Repurchase Agreement | ₹46.7 Cr | 0.23% |
| West Bengal (Government of) | Bond - Sub-sovereign Government Debt | ₹41.47 Cr | 0.21% |
| Jodhpur Wind Farms Private Limited | Bond - Corporate Bond | ₹39.98 Cr | 0.20% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹39.72 Cr | 0.20% |
| Jodhpur Wind Farms Private Limited | Bond - Corporate Bond | ₹39.31 Cr | 0.20% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹38.18 Cr | 0.19% |
| Eris Lifesciences Limited | Bond - Corporate Bond | ₹37.75 Cr | 0.19% |
| Eris Lifesciences Limited | Bond - Corporate Bond | ₹37.69 Cr | 0.19% |
| Pipeline Infrastructure Pvt Ltd. | Bond - Corporate Bond | ₹35.33 Cr | 0.18% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹34.92 Cr | 0.18% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹30.23 Cr | 0.15% |
| Torrent Power Limited | Bond - Corporate Bond | ₹29.69 Cr | 0.15% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.16 Cr | 0.13% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.1 Cr | 0.13% |
| Nexus Select Trust | Bond - Corporate Bond | ₹25.08 Cr | 0.13% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.05 Cr | 0.13% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.01 Cr | 0.13% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹24.94 Cr | 0.13% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.9 Cr | 0.12% |
| ICICI Bank Limited | Bond - Corporate Bond | ₹24.89 Cr | 0.12% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹24.84 Cr | 0.12% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹24.76 Cr | 0.12% |
| Chennai Petroleum Corporation Limited | Bond - Corporate Bond | ₹24.63 Cr | 0.12% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹24.58 Cr | 0.12% |
| TVS Credit Services Limited | Bond - Corporate Bond | ₹21.51 Cr | 0.11% |
| Torrent Power Limited | Bond - Corporate Bond | ₹20.26 Cr | 0.10% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹19.46 Cr | 0.10% |
| Rajasthan (Government of ) | Bond - Sub-sovereign Government Debt | ₹5.2 Cr | 0.03% |
| 07.86 RJ Sdl 2027 | Bond - Gov't/Treasury | ₹5.13 Cr | 0.03% |
| 07.59 Up SDL 2027 | Bond - Gov't/Treasury | ₹5.09 Cr | 0.03% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹4.94 Cr | 0.02% |
| 7.33% Govt Stock 2026 | Bond - Gov't/Treasury | ₹3.42 Cr | 0.02% |
| 07.06 RJ Sdl 2026 | Bond - Gov't/Treasury | ₹3.02 Cr | 0.02% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹2.09 Cr | 0.01% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹2.09 Cr | 0.01% |
| 07.08 AP Sdl 2026 | Bond - Gov't/Treasury | ₹0.62 Cr | 0.00% |
| 07.38 RJ Sdl 2026 | Bond - Gov't/Treasury | ₹0.43 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹11,059.8 Cr | 55.51% |
| Bond - Gov't/Treasury | ₹5,954.45 Cr | 29.89% |
| Cash | ₹1,864.51 Cr | 9.36% |
| Bond - Asset Backed | ₹901.82 Cr | 4.53% |
| Mutual Fund - Open End | ₹48.51 Cr | 0.24% |
| Cash - Repurchase Agreement | ₹46.7 Cr | 0.23% |
| Bond - Sub-sovereign Government Debt | ₹46.66 Cr | 0.23% |
| Cash - CD/Time Deposit | ₹0 Cr | - |
| Cash - Commercial Paper | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.92%
Cat. avg.
1.68%
Lower the better
Sharpe Ratio
This fund
1.24
Cat. avg.
-0.34
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.10
Higher the better
Fund Managers
Manish Banthia
Since November 2009
Nikhil Kabra
Since December 2020
Additional Scheme Detailsas of 31st October 2024
ISIN INF109K013N3 | Expense Ratio 0.45% | Exit Load No Charges | Fund Size ₹19,922 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Short Duration Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Axis Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹9301.38 Cr | 8.1% |
| Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹365.74 Cr | 7.7% |
| Tata Short Term Bond Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹2904.29 Cr | 7.5% |
| Bandhan Bond Fund - Short Term Plan Regular Growth Moderate Risk | 0.8% | 0.0% | ₹9724.53 Cr | 8.1% |
| Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹365.74 Cr | 8.6% |
| ICICI Prudential Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹19922.45 Cr | 8.0% |
| Mahindra Manulife Short Duration Fund Regular Growth Moderate Risk | 1.3% | 0.0% | ₹66.75 Cr | 7.9% |
| Mahindra Manulife Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹66.75 Cr | 8.9% |
| Nippon India Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹7665.31 Cr | 8.1% |
| HDFC Short Term Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹14972.01 Cr | 8.5% |
About the AMC
ICICI Prudential Mutual Fund
Total AUM
₹8,99,267 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of ICICI Prudential Short Term Fund Direct Growth?
The NAV of ICICI Prudential Short Term Fund Direct Growth, as of 21-Nov-2024, is ₹62.11.
What are the returns of ICICI Prudential Short Term Fund Direct Growth?
The fund has generated 8.60% over the last 1 year and 7.14% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of ICICI Prudential Short Term Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 88.98% in bonds, and 10.77% in cash and cash equivalents.
Who manages the ICICI Prudential Short Term Fund Direct Growth?
The fund managers responsible for ICICI Prudential Short Term Fund Direct Growth are:-
- Manish Banthia
- Nikhil Kabra
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.