ICICI Prudential Ultra Short Term Fund Regular Growth
DebtUltra Short DurationModerate Risk
Regular
NAV (05-Sep-24)
₹26.090.02%1D
Returns (Since Inception)
7.45%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹13,969 Cr
Expense Ratio
0.80%
ISIN
INF109K01TP7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
03 May 2011
About this fund
ICICI Prudential Ultra Short Term Fund Regular Growth is a Ultra Short Duration mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 13 years, 4 months and 4 days, having been launched on 03-May-11.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹26.09, Assets Under Management (AUM) of 13969.08 Crores, and an expense ratio of 0.8%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹26.09, Assets Under Management (AUM) of 13969.08 Crores, and an expense ratio of 0.8%.
- ICICI Prudential Ultra Short Term Fund Regular Growth has given a CAGR return of 7.45% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 42.39% in debts, and 57.36% in cash & cash equivalents.
- You can start investing in ICICI Prudential Ultra Short Term Fund Regular 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
+7.25%
+6.46% (Cat Avg.)
3 Years
+5.90%
+5.54% (Cat Avg.)
5 Years
+5.93%
+5.07% (Cat Avg.)
10 Years
+7.51%
+5.56% (Cat Avg.)
Since Inception
+7.45%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹5,922.1 Cr | 42.39% |
| Others | ₹8,046.98 Cr | 57.61% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹579.17 Cr | 4.15% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹577.63 Cr | 4.14% |
| Treps | Cash - Repurchase Agreement | ₹506.8 Cr | 3.63% |
| Net Current Assets | Cash | ₹-421.93 Cr | 3.02% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹420.3 Cr | 3.01% |
| India (Republic of) | Bond - Short-term Government Bills | ₹387.62 Cr | 2.77% |
| 364 DTB 13032025 | Bond - Gov't/Treasury | ₹385.24 Cr | 2.76% |
| Rbl Bank Limited | Cash - CD/Time Deposit | ₹382.43 Cr | 2.74% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹342.23 Cr | 2.45% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹326.48 Cr | 2.34% |
| India (Republic of) | Bond - Short-term Government Bills | ₹293.31 Cr | 2.10% |
| Sharekhan Limited | Cash - Commercial Paper | ₹291.93 Cr | 2.09% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹288.84 Cr | 2.07% |
| Canara Bank | Cash - CD/Time Deposit | ₹243.97 Cr | 1.75% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹242.03 Cr | 1.73% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹241.97 Cr | 1.73% |
| Bank Of India | Cash - CD/Time Deposit | ₹240.45 Cr | 1.72% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹240.45 Cr | 1.72% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹239.77 Cr | 1.72% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹235.56 Cr | 1.69% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹216.64 Cr | 1.55% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹199.7 Cr | 1.43% |
| Data Infrastructure Trust | Cash - Commercial Paper | ₹199.19 Cr | 1.43% |
| 182 DTB 18102024 | Bond - Gov't/Treasury | ₹197.76 Cr | 1.42% |
| Canara Bank | Cash - CD/Time Deposit | ₹195.29 Cr | 1.40% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹193.86 Cr | 1.39% |
| National Bank for Agriculture and Rural Development | Cash - CD/Time Deposit | ₹193.63 Cr | 1.39% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹193.01 Cr | 1.38% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹179.67 Cr | 1.29% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹173.67 Cr | 1.24% |
| Dlf Cyber City Developers Ltd | Bond - Corporate Bond | ₹164.74 Cr | 1.18% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹149.11 Cr | 1.07% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹148.25 Cr | 1.06% |
| 182 DTB 30012025 | Bond - Gov't/Treasury | ₹145.54 Cr | 1.04% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹145.02 Cr | 1.04% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹144.99 Cr | 1.04% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹144.98 Cr | 1.04% |
| Nirma Limited | Bond - Corporate Bond | ₹144.97 Cr | 1.04% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹144.91 Cr | 1.04% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹144.18 Cr | 1.03% |
| Canara Bank | Cash - CD/Time Deposit | ₹144.02 Cr | 1.03% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹103.88 Cr | 0.74% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹101.68 Cr | 0.73% |
| Motilal Oswal Finvest Limited | Bond - Corporate Bond | ₹100.52 Cr | 0.72% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹100.37 Cr | 0.72% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹100.31 Cr | 0.72% |
| Nirma Limited | Bond - Corporate Bond | ₹100.22 Cr | 0.72% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹100.11 Cr | 0.72% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.63 Cr | 0.71% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.54 Cr | 0.71% |
| Nuvama Wealth & Investment Limited | Cash - Commercial Paper | ₹99.4 Cr | 0.71% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹99.24 Cr | 0.71% |
| Phoenix Arc Private Limited | Cash - Commercial Paper | ₹99.08 Cr | 0.71% |
| Nuvama Wealth & Investment Limited | Cash - Commercial Paper | ₹99 Cr | 0.71% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹98.99 Cr | 0.71% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹98.84 Cr | 0.71% |
| 91 DTB 31102024 | Bond - Gov't/Treasury | ₹98.64 Cr | 0.71% |
| Nuvama Wealth & Investment Limited | Cash - Commercial Paper | ₹98.01 Cr | 0.70% |
| 182 DTB 19122024 | Bond - Gov't/Treasury | ₹97.77 Cr | 0.70% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹97.7 Cr | 0.70% |
| Embassy Office Parks REIT | Cash - Commercial Paper | ₹97.03 Cr | 0.69% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹96.93 Cr | 0.69% |
| Tata Capital Housing Finance Ltd. | Cash - Commercial Paper | ₹96.64 Cr | 0.69% |
| Canara Bank | Cash - CD/Time Deposit | ₹96.61 Cr | 0.69% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹96.29 Cr | 0.69% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹96.13 Cr | 0.69% |
| Indian Bank | Bond - Gov't Agency Debt | ₹95.87 Cr | 0.69% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹95.79 Cr | 0.69% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹95.44 Cr | 0.68% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹95.31 Cr | 0.68% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹94.59 Cr | 0.68% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹93.91 Cr | 0.67% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹85.26 Cr | 0.61% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹75.06 Cr | 0.54% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹72.7 Cr | 0.52% |
| IGH Holdings Pvt Ltd. | Cash - Commercial Paper | ₹72.32 Cr | 0.52% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹69.99 Cr | 0.50% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.17 Cr | 0.36% |
| Shriram Finance Ltd. | Bond - Corporate Bond | ₹49.79 Cr | 0.36% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹49.78 Cr | 0.36% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹49.74 Cr | 0.36% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.73 Cr | 0.36% |
| Tata Projects Limited | Cash - Commercial Paper | ₹49.31 Cr | 0.35% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹48.59 Cr | 0.35% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹48.52 Cr | 0.35% |
| PVR INOX Ltd. | Cash - Commercial Paper | ₹48.2 Cr | 0.35% |
| Infina Finance Pvt Ltd. | Cash - Commercial Paper | ₹48.17 Cr | 0.34% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹48.13 Cr | 0.34% |
| Motilal Oswal Finvest Limited | Cash - Commercial Paper | ₹48 Cr | 0.34% |
| PVR INOX Ltd. | Cash - Commercial Paper | ₹47.38 Cr | 0.34% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹46.82 Cr | 0.34% |
| Pvr Inox Limited | Cash - Commercial Paper | ₹46.74 Cr | 0.33% |
| Corporate Debt Market Development Fund (Class A2) | Mutual Fund - Open End | ₹33.9 Cr | 0.24% |
| The Tata Power Company Limited | Bond - Corporate Bond | ₹29.99 Cr | 0.21% |
| Aspire Home Finance Corporation Limited | Bond - Corporate Bond | ₹26.01 Cr | 0.19% |
| G R Infraprojects Limited | Bond - Corporate Bond | ₹24.84 Cr | 0.18% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.78 Cr | 0.18% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹24.06 Cr | 0.17% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹20.33 Cr | 0.15% |
| Rec Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.07% |
| TATA Steel Limited | Bond - Corporate Bond | ₹9.98 Cr | 0.07% |
| The Great Eastern Shipping Company Limited | Bond - Corporate Bond | ₹9.97 Cr | 0.07% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹5,095.01 Cr | 36.47% |
| Bond - Corporate Bond | ₹4,489.86 Cr | 32.14% |
| Cash - Commercial Paper | ₹2,172.05 Cr | 15.55% |
| Bond - Gov't/Treasury | ₹924.95 Cr | 6.62% |
| Bond - Short-term Government Bills | ₹680.92 Cr | 4.87% |
| Cash - Repurchase Agreement | ₹506.8 Cr | 3.63% |
| Cash | ₹-421.93 Cr | 3.02% |
| Bond - Gov't Agency Debt | ₹385.84 Cr | 2.76% |
| Bond - Asset Backed | ₹101.68 Cr | 0.73% |
| Mutual Fund - Open End | ₹33.9 Cr | 0.24% |
Risk & Performance Ratios
Standard Deviation
This fund
0.50%
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
-0.18
Cat. avg.
-0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.38
Higher the better
Fund Managers
Manish Banthia
Since November 2016
Ritesh Lunawat
Since June 2017
Additional Scheme Detailsas of 15th August 2024
ISIN | INF109K01TP7 | Expense Ratio | 0.80% | Exit Load | No Charges | Fund Size | ₹13,969 Cr | Age | 03 May 2011 | 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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% | ₹236.10 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹551.95 Cr | 6.6% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1247.36 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1247.36 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹195.99 Cr | 7.4% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹195.99 Cr | 6.6% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2139.50 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7599.90 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹250.38 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹250.38 Cr | 7.6% |
About the AMC
Total AUM
₹8,56,645 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 Regular Growth?
The NAV of ICICI Prudential Ultra Short Term Fund Regular Growth, as of 05-Sep-2024, is ₹26.09.
What are the returns of ICICI Prudential Ultra Short Term Fund Regular Growth?
The fund has generated 7.25% over the last 1 year and 5.90% 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 Regular Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 42.39% in bonds, and 57.36% in cash and cash equivalents.
Who manages the ICICI Prudential Ultra Short Term Fund Regular Growth?
The fund managers responsible for ICICI Prudential Ultra Short Term Fund Regular 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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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 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.