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ICICI Prudential Ultra Short Term Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (21-Jan-25)
₹28.910.02%1D
Returns (Since Inception)
8.05%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹13,502 Cr
Expense Ratio
0.39%
ISIN
INF109K01T04
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
ICICI Prudential Ultra Short Term Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 12 years and 21 days, having been launched on 01-Jan-13.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹28.91, Assets Under Management (AUM) of 13501.68 Crores, and an expense ratio of 0.39%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹28.91, Assets Under Management (AUM) of 13501.68 Crores, and an expense ratio of 0.39%.
- ICICI Prudential Ultra Short Term Fund Direct Growth has given a CAGR return of 8.05% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 40.64% in debts, and 59.10% in cash & cash equivalents.
- You can start investing in ICICI Prudential Ultra 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
+7.86%
+6.89% (Cat Avg.)
3 Years
+6.82%
+6.09% (Cat Avg.)
5 Years
+6.39%
+5.33% (Cat Avg.)
10 Years
+7.79%
+5.56% (Cat Avg.)
Since Inception
+8.05%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Debt | ₹5,487.54 Cr | 40.64% |
| Others | ₹8,014.14 Cr | 59.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹703.05 Cr | 4.95% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹446.88 Cr | 3.14% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹434.46 Cr | 3.06% |
| 364 Days T - Bill- 06/02/2025 | Bond - Gov't/Treasury | ₹398.51 Cr | 2.80% |
| 364 DTB 13032025 | Bond - Gov't/Treasury | ₹396.08 Cr | 2.79% |
| Rbl Bank Limited | Cash - CD/Time Deposit | ₹395.28 Cr | 2.78% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹374.15 Cr | 2.63% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹326.34 Cr | 2.30% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹298.7 Cr | 2.10% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹298.49 Cr | 2.10% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹278.98 Cr | 1.96% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹254.35 Cr | 1.79% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹235.05 Cr | 1.65% |
| Net Current Assets | Cash | ₹234.16 Cr | 1.65% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹224.66 Cr | 1.58% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹224.4 Cr | 1.58% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹223.52 Cr | 1.57% |
| Oberoi Realty Ltd. | Bond - Corporate Bond | ₹199.73 Cr | 1.41% |
| Motilal Oswal Home Finance Limited | Bond - Corporate Bond | ₹199.51 Cr | 1.40% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹199.11 Cr | 1.40% |
| Indian Bank | Cash - CD/Time Deposit | ₹194.87 Cr | 1.37% |
| Au Small Finance Bank Limited | Cash - Commercial Paper | ₹190.78 Cr | 1.34% |
| JM Financial Services Ltd. | Cash - Commercial Paper | ₹189.07 Cr | 1.33% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹187.05 Cr | 1.32% |
| Bank Of Baroda ** | Cash | ₹186.03 Cr | 1.31% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹164.3 Cr | 1.16% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹155.13 Cr | 1.09% |
| DLF Cyber City Developers Ltd. | Bond - Corporate Bond | ₹150.19 Cr | 1.06% |
| 6.89% Govt Stock 2025 | Bond - Gov't/Treasury | ₹150 Cr | 1.06% |
| Tata Housing Development Company Limited 8.2175% | Bond - Corporate Bond | ₹149.88 Cr | 1.05% |
| 182 DTB 30012025 | Bond - Gov't/Treasury | ₹149.63 Cr | 1.05% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹149.56 Cr | 1.05% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹149.47 Cr | 1.05% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹149.39 Cr | 1.05% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹146.12 Cr | 1.03% |
| Nirma Limited | Bond - Corporate Bond | ₹145.05 Cr | 1.02% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹134.91 Cr | 0.95% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹124.78 Cr | 0.88% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹124.5 Cr | 0.88% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹124.44 Cr | 0.88% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹108.29 Cr | 0.76% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹107.04 Cr | 0.75% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹100.47 Cr | 0.71% |
| Nirma Limited | Bond - Corporate Bond | ₹100.25 Cr | 0.71% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹100.23 Cr | 0.71% |
| Motilal Oswal Finvest Limited | Bond - Corporate Bond | ₹100.16 Cr | 0.70% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹100.13 Cr | 0.70% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹100.08 Cr | 0.70% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹100.01 Cr | 0.70% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹99.95 Cr | 0.70% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹99.73 Cr | 0.70% |
| Tata Capital Housing Finance Ltd. | Cash - Commercial Paper | ₹99.72 Cr | 0.70% |
| Canara Bank | Cash - CD/Time Deposit | ₹99.65 Cr | 0.70% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.59 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹99.52 Cr | 0.70% |
| 364 DTB 13022025 | Bond - Gov't/Treasury | ₹99.51 Cr | 0.70% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹99.37 Cr | 0.70% |
| 182 DTB 13032025 | Bond - Gov't/Treasury | ₹99.02 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹98.85 Cr | 0.70% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹98.66 Cr | 0.69% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹98.45 Cr | 0.69% |
| Sharekhan Ltd | Cash - Commercial Paper | ₹97.08 Cr | 0.68% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹96.8 Cr | 0.68% |
| Nuvama Wealth & Investment Ltd | Cash - Commercial Paper | ₹96.37 Cr | 0.68% |
| Nuvama Wealth & Investment Limited | Bond - Corporate Bond | ₹96.2 Cr | 0.68% |
| Nuvama Wealth & Investment Ltd | Cash - Commercial Paper | ₹95.9 Cr | 0.67% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹95.36 Cr | 0.67% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹94.66 Cr | 0.67% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹94.57 Cr | 0.67% |
| Sharekhan Ltd | Cash - Commercial Paper | ₹94.53 Cr | 0.67% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹93.91 Cr | 0.66% |
| Cd - Au Small Fin Bank - 21/11/25 | Cash - CD/Time Deposit | ₹93.56 Cr | 0.66% |
| 08.31 AP Sdl 2025 | Bond - Gov't/Treasury | ₹75.58 Cr | 0.53% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹74.93 Cr | 0.53% |
| IGH Holdings Pvt Ltd. | Cash - Commercial Paper | ₹74.92 Cr | 0.53% |
| Tata Housing Development Co Ltd. | Bond - Corporate Bond | ₹74.85 Cr | 0.53% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹74.7 Cr | 0.53% |
| Century Textiles And Industried Limited | Bond - Corporate Bond | ₹59.83 Cr | 0.42% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.15 Cr | 0.35% |
| Dlf Home Developers Limited | Bond - Corporate Bond | ₹50.12 Cr | 0.35% |
| Aavas Financiers Limited | Bond - Corporate Bond | ₹50.02 Cr | 0.35% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹49.97 Cr | 0.35% |
| Shriram Finance Ltd. | Bond - Corporate Bond | ₹49.92 Cr | 0.35% |
| PVR INOX Ltd. | Cash - Commercial Paper | ₹49.86 Cr | 0.35% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.86 Cr | 0.35% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹49.84 Cr | 0.35% |
| Infina Finance Pvt Ltd. | Cash - Commercial Paper | ₹49.83 Cr | 0.35% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹49.76 Cr | 0.35% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.64 Cr | 0.35% |
| PVR INOX Ltd. | Cash - Commercial Paper | ₹49.04 Cr | 0.35% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹48.52 Cr | 0.34% |
| Pvr Inox Limited | Cash - Commercial Paper | ₹48.34 Cr | 0.34% |
| Sharekhan Limited | Cash - Commercial Paper | ₹48.28 Cr | 0.34% |
| Sharekhan Limited | Cash - Commercial Paper | ₹47.01 Cr | 0.33% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹44.9 Cr | 0.32% |
| Corporate Debt Market Development Fund (Class A2) | Mutual Fund - Open End | ₹36.87 Cr | 0.26% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹29.04 Cr | 0.20% |
| Aspire Home Finance Corporation Limited | Bond - Corporate Bond | ₹26.26 Cr | 0.18% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.22 Cr | 0.18% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.18% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.97 Cr | 0.18% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹24.94 Cr | 0.18% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.91 Cr | 0.18% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹24.82 Cr | 0.17% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹24.58 Cr | 0.17% |
| The Great Eastern Shipping Company Limited | Bond - Corporate Bond | ₹20 Cr | 0.14% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹14.94 Cr | 0.11% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹14.8 Cr | 0.10% |
| TATA Steel Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.07% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹6,861.33 Cr | 48.27% |
| Cash - CD/Time Deposit | ₹3,082.57 Cr | 21.69% |
| Cash - Commercial Paper | ₹1,641.59 Cr | 11.55% |
| Bond - Gov't/Treasury | ₹1,368.33 Cr | 9.63% |
| Cash - Repurchase Agreement | ₹703.05 Cr | 4.95% |
| Cash | ₹420.19 Cr | 2.96% |
| Bond - Asset Backed | ₹100.47 Cr | 0.71% |
| Mutual Fund - Open End | ₹36.87 Cr | 0.26% |
Risk & Performance Ratios
Standard Deviation
This fund
0.44%
Cat. avg.
0.61%
Lower the better
Sharpe Ratio
This fund
1.80
Cat. avg.
-0.50
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.21
Higher the better
Fund Managers
Manish Banthia
Since November 2016
Ritesh Lunawat
Since June 2017
Additional Scheme Detailsas of 31st December 2024
ISIN INF109K01T04 | Expense Ratio 0.39% | Exit Load No Charges | Fund Size ₹13,502 Cr | Age 12 years | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Ultra 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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹230.85 Cr | 6.9% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹582.59 Cr | 6.8% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1118.89 Cr | 7.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1118.89 Cr | 7.7% |
| LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹215.37 Cr | 7.7% |
| LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹215.37 Cr | 6.9% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹3046.73 Cr | 7.2% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7695.11 Cr | 7.2% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 1.9% | 0.0% | ₹224.76 Cr | 7.3% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹224.76 Cr | 7.8% |
About the AMC
ICICI Prudential Mutual Fund
Total AUM
₹8,91,403 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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What is the current NAV of ICICI Prudential Ultra Short Term Fund Direct Growth?
The NAV of ICICI Prudential Ultra Short Term Fund Direct Growth, as of 21-Jan-2025, is ₹28.91.
What are the returns of ICICI Prudential Ultra Short Term Fund Direct Growth?
The fund has generated 7.86% over the last 1 year and 6.82% 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 Ultra Short Term Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 40.64% in bonds, and 59.10% in cash and cash equivalents.
Who manages the ICICI Prudential Ultra Short Term Fund Direct Growth?
The fund managers responsible for ICICI Prudential Ultra Short Term Fund Direct Growth are:-
- Manish Banthia
- Ritesh Lunawat
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.
ICICI Prudential Ultra Short Term Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (21-Jan-25)
₹28.910.02%1D
Returns (Since Inception)
8.05%
Rated ★4.5+ on
Fund Overview
Fund Size
₹13,502 Cr
Expense Ratio
0.39%
ISIN
INF109K01T04
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
Risk Level
Your principal amount will be at Moderate Risk
About this fund
ICICI Prudential Ultra Short Term Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 12 years and 21 days, having been launched on 01-Jan-13.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹28.91, Assets Under Management (AUM) of 13501.68 Crores, and an expense ratio of 0.39%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹28.91, Assets Under Management (AUM) of 13501.68 Crores, and an expense ratio of 0.39%.
- ICICI Prudential Ultra Short Term Fund Direct Growth has given a CAGR return of 8.05% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 40.64% in debts, and 59.10% in cash & cash equivalents.
- You can start investing in ICICI Prudential Ultra 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
+7.86%
+6.89% (Cat Avg.)
3 Years
+6.82%
+6.09% (Cat Avg.)
5 Years
+6.39%
+5.33% (Cat Avg.)
10 Years
+7.79%
+5.56% (Cat Avg.)
Since Inception
+8.05%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Debt | ₹5,487.54 Cr | 40.64% |
| Others | ₹8,014.14 Cr | 59.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹703.05 Cr | 4.95% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹446.88 Cr | 3.14% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹434.46 Cr | 3.06% |
| 364 Days T - Bill- 06/02/2025 | Bond - Gov't/Treasury | ₹398.51 Cr | 2.80% |
| 364 DTB 13032025 | Bond - Gov't/Treasury | ₹396.08 Cr | 2.79% |
| Rbl Bank Limited | Cash - CD/Time Deposit | ₹395.28 Cr | 2.78% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹374.15 Cr | 2.63% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹326.34 Cr | 2.30% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹298.7 Cr | 2.10% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹298.49 Cr | 2.10% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹278.98 Cr | 1.96% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹254.35 Cr | 1.79% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹235.05 Cr | 1.65% |
| Net Current Assets | Cash | ₹234.16 Cr | 1.65% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹224.66 Cr | 1.58% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹224.4 Cr | 1.58% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹223.52 Cr | 1.57% |
| Oberoi Realty Ltd. | Bond - Corporate Bond | ₹199.73 Cr | 1.41% |
| Motilal Oswal Home Finance Limited | Bond - Corporate Bond | ₹199.51 Cr | 1.40% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹199.11 Cr | 1.40% |
| Indian Bank | Cash - CD/Time Deposit | ₹194.87 Cr | 1.37% |
| Au Small Finance Bank Limited | Cash - Commercial Paper | ₹190.78 Cr | 1.34% |
| JM Financial Services Ltd. | Cash - Commercial Paper | ₹189.07 Cr | 1.33% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹187.05 Cr | 1.32% |
| Bank Of Baroda ** | Cash | ₹186.03 Cr | 1.31% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹164.3 Cr | 1.16% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹155.13 Cr | 1.09% |
| DLF Cyber City Developers Ltd. | Bond - Corporate Bond | ₹150.19 Cr | 1.06% |
| 6.89% Govt Stock 2025 | Bond - Gov't/Treasury | ₹150 Cr | 1.06% |
| Tata Housing Development Company Limited 8.2175% | Bond - Corporate Bond | ₹149.88 Cr | 1.05% |
| 182 DTB 30012025 | Bond - Gov't/Treasury | ₹149.63 Cr | 1.05% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹149.56 Cr | 1.05% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹149.47 Cr | 1.05% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹149.39 Cr | 1.05% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹146.12 Cr | 1.03% |
| Nirma Limited | Bond - Corporate Bond | ₹145.05 Cr | 1.02% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹134.91 Cr | 0.95% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹124.78 Cr | 0.88% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹124.5 Cr | 0.88% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹124.44 Cr | 0.88% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹108.29 Cr | 0.76% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹107.04 Cr | 0.75% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹100.47 Cr | 0.71% |
| Nirma Limited | Bond - Corporate Bond | ₹100.25 Cr | 0.71% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹100.23 Cr | 0.71% |
| Motilal Oswal Finvest Limited | Bond - Corporate Bond | ₹100.16 Cr | 0.70% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹100.13 Cr | 0.70% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹100.08 Cr | 0.70% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹100.01 Cr | 0.70% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹99.95 Cr | 0.70% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹99.73 Cr | 0.70% |
| Tata Capital Housing Finance Ltd. | Cash - Commercial Paper | ₹99.72 Cr | 0.70% |
| Canara Bank | Cash - CD/Time Deposit | ₹99.65 Cr | 0.70% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.59 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹99.52 Cr | 0.70% |
| 364 DTB 13022025 | Bond - Gov't/Treasury | ₹99.51 Cr | 0.70% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹99.37 Cr | 0.70% |
| 182 DTB 13032025 | Bond - Gov't/Treasury | ₹99.02 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹98.85 Cr | 0.70% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹98.66 Cr | 0.69% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹98.45 Cr | 0.69% |
| Sharekhan Ltd | Cash - Commercial Paper | ₹97.08 Cr | 0.68% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹96.8 Cr | 0.68% |
| Nuvama Wealth & Investment Ltd | Cash - Commercial Paper | ₹96.37 Cr | 0.68% |
| Nuvama Wealth & Investment Limited | Bond - Corporate Bond | ₹96.2 Cr | 0.68% |
| Nuvama Wealth & Investment Ltd | Cash - Commercial Paper | ₹95.9 Cr | 0.67% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹95.36 Cr | 0.67% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹94.66 Cr | 0.67% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹94.57 Cr | 0.67% |
| Sharekhan Ltd | Cash - Commercial Paper | ₹94.53 Cr | 0.67% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹93.91 Cr | 0.66% |
| Cd - Au Small Fin Bank - 21/11/25 | Cash - CD/Time Deposit | ₹93.56 Cr | 0.66% |
| 08.31 AP Sdl 2025 | Bond - Gov't/Treasury | ₹75.58 Cr | 0.53% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹74.93 Cr | 0.53% |
| IGH Holdings Pvt Ltd. | Cash - Commercial Paper | ₹74.92 Cr | 0.53% |
| Tata Housing Development Co Ltd. | Bond - Corporate Bond | ₹74.85 Cr | 0.53% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹74.7 Cr | 0.53% |
| Century Textiles And Industried Limited | Bond - Corporate Bond | ₹59.83 Cr | 0.42% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.15 Cr | 0.35% |
| Dlf Home Developers Limited | Bond - Corporate Bond | ₹50.12 Cr | 0.35% |
| Aavas Financiers Limited | Bond - Corporate Bond | ₹50.02 Cr | 0.35% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹49.97 Cr | 0.35% |
| Shriram Finance Ltd. | Bond - Corporate Bond | ₹49.92 Cr | 0.35% |
| PVR INOX Ltd. | Cash - Commercial Paper | ₹49.86 Cr | 0.35% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.86 Cr | 0.35% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹49.84 Cr | 0.35% |
| Infina Finance Pvt Ltd. | Cash - Commercial Paper | ₹49.83 Cr | 0.35% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹49.76 Cr | 0.35% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.64 Cr | 0.35% |
| PVR INOX Ltd. | Cash - Commercial Paper | ₹49.04 Cr | 0.35% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹48.52 Cr | 0.34% |
| Pvr Inox Limited | Cash - Commercial Paper | ₹48.34 Cr | 0.34% |
| Sharekhan Limited | Cash - Commercial Paper | ₹48.28 Cr | 0.34% |
| Sharekhan Limited | Cash - Commercial Paper | ₹47.01 Cr | 0.33% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹44.9 Cr | 0.32% |
| Corporate Debt Market Development Fund (Class A2) | Mutual Fund - Open End | ₹36.87 Cr | 0.26% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹29.04 Cr | 0.20% |
| Aspire Home Finance Corporation Limited | Bond - Corporate Bond | ₹26.26 Cr | 0.18% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.22 Cr | 0.18% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.18% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.97 Cr | 0.18% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹24.94 Cr | 0.18% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.91 Cr | 0.18% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹24.82 Cr | 0.17% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹24.58 Cr | 0.17% |
| The Great Eastern Shipping Company Limited | Bond - Corporate Bond | ₹20 Cr | 0.14% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹14.94 Cr | 0.11% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹14.8 Cr | 0.10% |
| TATA Steel Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.07% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹6,861.33 Cr | 48.27% |
| Cash - CD/Time Deposit | ₹3,082.57 Cr | 21.69% |
| Cash - Commercial Paper | ₹1,641.59 Cr | 11.55% |
| Bond - Gov't/Treasury | ₹1,368.33 Cr | 9.63% |
| Cash - Repurchase Agreement | ₹703.05 Cr | 4.95% |
| Cash | ₹420.19 Cr | 2.96% |
| Bond - Asset Backed | ₹100.47 Cr | 0.71% |
| Mutual Fund - Open End | ₹36.87 Cr | 0.26% |
Risk & Performance Ratios
Standard Deviation
This fund
0.44%
Cat. avg.
0.61%
Lower the better
Sharpe Ratio
This fund
1.80
Cat. avg.
-0.50
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.21
Higher the better
Fund Managers
Manish Banthia
Since November 2016
Ritesh Lunawat
Since June 2017
Additional Scheme Detailsas of 31st December 2024
ISIN INF109K01T04 | Expense Ratio 0.39% | Exit Load No Charges | Fund Size ₹13,502 Cr | Age 12 years | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Ultra 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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹230.85 Cr | 6.9% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹582.59 Cr | 6.8% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1118.89 Cr | 7.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1118.89 Cr | 7.7% |
| LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹215.37 Cr | 7.7% |
| LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹215.37 Cr | 6.9% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹3046.73 Cr | 7.2% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7695.11 Cr | 7.2% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 1.9% | 0.0% | ₹224.76 Cr | 7.3% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.4% | 0.0% | ₹224.76 Cr | 7.8% |
About the AMC
ICICI Prudential Mutual Fund
Total AUM
₹8,91,403 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of ICICI Prudential Ultra Short Term Fund Direct Growth?
The NAV of ICICI Prudential Ultra Short Term Fund Direct Growth, as of 21-Jan-2025, is ₹28.91.
What are the returns of ICICI Prudential Ultra Short Term Fund Direct Growth?
The fund has generated 7.86% over the last 1 year and 6.82% 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 Ultra Short Term Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 40.64% in bonds, and 59.10% in cash and cash equivalents.
Who manages the ICICI Prudential Ultra Short Term Fund Direct Growth?
The fund managers responsible for ICICI Prudential Ultra Short Term Fund Direct Growth are:-
- Manish Banthia
- Ritesh Lunawat
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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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.
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