ICICI Prudential Short Term Fund Direct Plan Bonus

Debt
Direct
Short Duration
ICICI Prudential Short Term Fund Direct Plan Bonus

About the Fund

ICICI Prudential Short Term Fund Direct Plan Bonus is a debt fund. This fund was started on 5 July, 2013. The fund is managed by Nikhil Kabra, Manish Banthia. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Short Term Fund Direct Plan Bonus has ₹18249 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

ICICI Prudential Short Term Fund Direct Plan Bonus has given a CAGR return of 8.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.37%, 8.53% and 9.15% respectively.

Holdings

ICICI Prudential Short Term Fund Direct Plan Bonus has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Industrial, Securitize. Its top holdings are 7.18% Govt Stock 2033, 8.34% Govt Stock 2033, 8% Govt Stock 2034, 7.06% Govt Stock 2028, Small Industries Development Bank Of India

Taxation

As it is a short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of ICICI Prudential Short Term Fund Direct Plan Bonus

To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. ICICI Prudential Short Term Fund Direct Plan Bonus has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.45%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹18249 Cr
Inception Date5 July, 2013
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
94.03%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
80.1%

AA
19.9%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
46.8%
Government
42.9%
Cash Equivalent
10.2%
Securitize
0.1%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
11.91%
0.8%
8.34% Govt Stock 2033
8.34% Govt Stock 2033
8.99%
0%
8% Govt Stock 2034
8% Govt Stock 2034
4.99%
0%
7.06% Govt Stock 2028
7.06% Govt Stock 2028
4.14%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
2.02%
0%

Nikhil Kabra
Nikhil Kabra
Fund Manager of ICICI Prudential Short Term Fund Direct Plan Bonus, since 29 December 2020
Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Short Term Fund Direct Plan Bonus, since 19 November 2009

ICICI Prudential Short Term Fund Direct Plan Bonus Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.99% since inception which is more than its category average return of 5.64%
AUM size ₹18249 Cr

AUM size ₹18249 Cr

This fund has AUM of ₹18249 Cr which is more than its category average of ₹ 3618 Cr
Expense Ratio 0.45%

Expense Ratio 0.45%

This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.68%

Frequently Asked Questions

The current NAV of ICICI Prudential Short Term Fund Direct Plan Bonus is ₹40.96 as on 28-May-2019.
Existing (Absolute + CAGR) as on 28-May-2019.
ICICI Prudential Short Term Fund Direct Plan Bonus
Absolute Returns
CAGR Returns
1 Month Returns
1.37%
1.37%
6 Month Returns
5.4%
5.4%
1 Year Returns
9.37%
9.37%
3 Years Returns
27.82%
8.53%
5 Years Returns
54.91%
9.15%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.45% as on May 2024
₹18249 Cr as on May 2024
7.18% Govt Stock 2033(11.91%), 8.34% Govt Stock 2033(8.99%), 8% Govt Stock 2034(4.99%), 7.06% Govt Stock 2028(4.14%), Small Industries Development Bank Of India(2.02%) as on May 2024
Corporate(49.5%), Government(38.26%), Cash Equivalent(12.14%) as on May 2024
Yield to Maturity is 7.94 as on May 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.77 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
80.08
AA
19.92
Nikhil Kabra, Manish Banthia are the fund managers of ICICI Prudential Short Term Fund Direct Plan Bonus
The Exit load of ICICI Prudential Short Term Fund Direct Plan Bonus is 0%