Loading...
ICICI Prudential Ultra Short Term Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (21-Nov-24)
₹28.570.03%1D
Returns (Since Inception)
8.06%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹14,206 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 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 ₹28.57, Assets Under Management (AUM) of 14206.46 Crores, and an expense ratio of 0.39%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹28.57, Assets Under Management (AUM) of 14206.46 Crores, and an expense ratio of 0.39%.
- ICICI Prudential Ultra Short Term Fund Direct Growth has given a CAGR return of 8.06% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 40.80% in debts, and 58.96% 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
+7.85%
+6.45% (Cat Avg.)
3 Years
+6.67%
+5.73% (Cat Avg.)
5 Years
+6.41%
+5.17% (Cat Avg.)
10 Years
+7.84%
+5.49% (Cat Avg.)
Since Inception
+8.06%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹5,796.54 Cr | 40.80% |
| Others | ₹8,409.93 Cr | 59.20% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Punjab National Bank ** | Cash | ₹927.73 Cr | 6.53% |
| Treps | Cash - Repurchase Agreement | ₹845.08 Cr | 5.95% |
| Hdfc Bank Ltd. ** | Cash | ₹633.97 Cr | 4.46% |
| Indusind Bank Ltd. ** | Cash | ₹490.59 Cr | 3.45% |
| Jm Financial Services Ltd. ** | Cash | ₹446.82 Cr | 3.15% |
| 364 Days T - Bill- 06/02/2025 | Bond - Gov't/Treasury | ₹393.16 Cr | 2.77% |
| Nabard ** | Cash | ₹392.36 Cr | 2.76% |
| 364 DTB 13032025 | Bond - Gov't/Treasury | ₹390.73 Cr | 2.75% |
| Rbl Bank Ltd. ** | Cash | ₹389.28 Cr | 2.74% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹385.29 Cr | 2.71% |
| Nuvama Wealth & Investment Ltd ** | Cash | ₹383.05 Cr | 2.70% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹372.65 Cr | 2.62% |
| Bank Of India ** | Cash | ₹341.95 Cr | 2.41% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹326.2 Cr | 2.30% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹297.73 Cr | 2.10% |
| India (Republic of) | Bond - Short-term Government Bills | ₹297.47 Cr | 2.09% |
| Sharekhan Ltd ** | Cash | ₹282.28 Cr | 1.99% |
| Au Small Finance Bank Ltd. ** | Cash | ₹281.34 Cr | 1.98% |
| Union Bank Of India ** | Cash | ₹244.37 Cr | 1.72% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹235.4 Cr | 1.66% |
| Igh Holdings Pvt Ltd. ** | Cash | ₹220.36 Cr | 1.55% |
| Oberoi Realty Ltd. | Bond - Corporate Bond | ₹199.8 Cr | 1.41% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹199.12 Cr | 1.40% |
| Small Industries Development Bank Of India. ** | Cash | ₹196.18 Cr | 1.38% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹155.51 Cr | 1.09% |
| Tata Housing Development Company Limited 8.2175% | Bond - Corporate Bond | ₹150.33 Cr | 1.06% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹149.55 Cr | 1.05% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹148.93 Cr | 1.05% |
| 182 DTB 30012025 | Bond - Gov't/Treasury | ₹147.63 Cr | 1.04% |
| Axis Bank Ltd. | Cash | ₹147.39 Cr | 1.04% |
| Punjab National Bank | Cash | ₹147.36 Cr | 1.04% |
| Nirma Limited | Bond - Corporate Bond | ₹145.09 Cr | 1.02% |
| The Federal Bank Ltd. ** | Cash | ₹143.97 Cr | 1.01% |
| Axis Bank Ltd. ** | Cash | ₹142.98 Cr | 1.01% |
| Net Current Assets | Cash | ₹126.17 Cr | 0.89% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹124.66 Cr | 0.88% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹101.18 Cr | 0.71% |
| Motilal Oswal Finvest Limited | Bond - Corporate Bond | ₹100.47 Cr | 0.71% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹100.4 Cr | 0.71% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹100.2 Cr | 0.71% |
| Nirma Limited | Bond - Corporate Bond | ₹100.12 Cr | 0.70% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹100.06 Cr | 0.70% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.63 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹99.61 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹99.43 Cr | 0.70% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹99.38 Cr | 0.70% |
| 182 Day T-Bill 19.12.24 | Bond - Gov't/Treasury | ₹99.16 Cr | 0.70% |
| Embassy Office Parks Reit ** | Cash | ₹98.65 Cr | 0.69% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹98.59 Cr | 0.69% |
| Federal Bank Ltd. ** | Cash | ₹98.4 Cr | 0.69% |
| Tata Capital Housing Finance Ltd. ** | Cash | ₹98.24 Cr | 0.69% |
| Canara Bank | Cash | ₹98.18 Cr | 0.69% |
| 182 DTB 13032025 | Bond - Gov't/Treasury | ₹97.68 Cr | 0.69% |
| Bahadur Chand Investments Pvt. Ltd. ** | Cash | ₹97.65 Cr | 0.69% |
| Indian Bank ** | Cash | ₹97.43 Cr | 0.69% |
| Pvr Ltd. ** | Cash | ₹97.32 Cr | 0.69% |
| Birla Group Holdings Pvt. Ltd. ** | Cash | ₹97.02 Cr | 0.68% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹96.94 Cr | 0.68% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹94.66 Cr | 0.67% |
| Tata Housing Development Co Ltd. | Bond - Corporate Bond | ₹75.06 Cr | 0.53% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹75.03 Cr | 0.53% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹74.74 Cr | 0.53% |
| Century Textiles And Industried Limited | Bond - Corporate Bond | ₹59.89 Cr | 0.42% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.14 Cr | 0.35% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹50.07 Cr | 0.35% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.92 Cr | 0.35% |
| Shriram Finance Ltd. | Bond - Corporate Bond | ₹49.88 Cr | 0.35% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹49.85 Cr | 0.35% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹49.82 Cr | 0.35% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹49.8 Cr | 0.35% |
| Infina Finance Pvt. Ltd. ** | Cash | ₹49.02 Cr | 0.35% |
| Canara Bank ** | Cash | ₹48.78 Cr | 0.34% |
| Pvr Inox Ltd. ** | Cash | ₹47.62 Cr | 0.34% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹44.87 Cr | 0.32% |
| Corporate Debt Market Development Fund (Class A2) | Mutual Fund - Open End | ₹34.17 Cr | 0.24% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹29.13 Cr | 0.21% |
| Aspire Home Finance Corporation Limited | Bond - Corporate Bond | ₹26.14 Cr | 0.18% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.05 Cr | 0.18% |
| G R Infraprojects Limited | Bond - Corporate Bond | ₹24.94 Cr | 0.18% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.89 Cr | 0.18% |
| The Great Eastern Shipping Company Limited | Bond - Corporate Bond | ₹19.98 Cr | 0.14% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹14.82 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 |
|---|---|---|
| Cash | ₹6,866.47 Cr | 48.33% |
| Bond - Corporate Bond | ₹4,933.73 Cr | 34.73% |
| Bond - Gov't/Treasury | ₹1,128.36 Cr | 7.94% |
| Cash - Repurchase Agreement | ₹845.08 Cr | 5.95% |
| Bond - Short-term Government Bills | ₹297.47 Cr | 2.09% |
| Bond - Asset Backed | ₹101.18 Cr | 0.71% |
| Mutual Fund - Open End | ₹34.17 Cr | 0.24% |
| Cash - Commercial Paper | ₹0 Cr | - |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.46%
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
1.91
Cat. avg.
-0.63
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
Manish Banthia
Since November 2016
Ritesh Lunawat
Since June 2017
Additional Scheme Detailsas of 31st October 2024
ISIN INF109K01T04 | Expense Ratio 0.39% | Exit Load No Charges | Fund Size ₹14,206 Cr | Age 11 years 10 months | 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% | ₹242.78 Cr | 6.9% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹627.14 Cr | 6.8% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1304.45 Cr | 7.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1304.45 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹246.19 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹246.19 Cr | 6.8% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹3046.30 Cr | 7.2% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹8313.36 Cr | 7.2% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹229.27 Cr | 7.3% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹229.27 Cr | 7.8% |
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
Unlock Expert Insights!
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-Nov-2024, is ₹28.57.
What are the returns of ICICI Prudential Ultra Short Term Fund Direct Growth?
The fund has generated 7.85% over the last 1 year and 6.67% 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, 40.80% in bonds, and 58.96% 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.
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
©2021-2024 Dezerv. All Rights Reserved
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.
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.