ICICI Prudential Short Term Fund Direct Plan Growth Option
ICICI Prudential Short Term Fund Direct Plan Growth Option

ICICI Prudential Short Term Fund Direct Plan Growth Option

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Debt
Direct
Short Duration

NAV: ₹ 54.2 as on 24-03-2023

Fund Performance
zero opening, trading, fund transfer fee
1651 people have invested ₹ 8.7Cr in mutual fund in the last three months

Fund Insights

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In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has outperformed all funds in its category

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In the last 3 years, UTI - Short Term Income Fund - Direct Plan - Growth Option has given 8.68% return, outperforming ICICI Prudential Short Term Fund Direct Plan Growth Option by 0.96% per annum

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In the last 5 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has outperformed all funds in its category

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Over the last 6 months, ICICI Prudential Short Term Fund Direct Plan Growth Option has increased expense ratio by 5.4% moving from 0.37 to 0.39

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ICICI Prudential Short Term Fund Direct Plan Growth Option expense ratio is slightly on the lower side within the category (short duration). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.68%

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ICICI Prudential Short Term Fund Direct Plan Growth Option with AUM at ₹14708.38Cr is among the largest funds in the short duration category

ICICI Prudential Short Term Fund Direct Plan Growth Option Performance as on (24-Mar-23)

Return
1M
3M
6M
1Y
3Y
5Y
ICICI Prudential Short Term Fund Direct Plan Growth Option
0.7%
1.7%
3.7%
6.4%
7.7%
7.7%
Short Duration Index
0.7%
1.4%
3.2%
4.9%
6.4%
5.4%

About the Fund

ICICI Prudential Short Term Fund Direct Plan Growth Option is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Manish Banthia, Nikhil Kabra. This fund is suitable to keep your money safe.

Key parameters

1) ICICI Prudential Short Term Fund Direct Plan Growth Option has a NAV of 54.2223 as on 24-03-2023.

2) ICICI Prudential Short Term Fund Direct Plan Growth Option has 14708 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.

3) The fund has an expense ratio 0.39 %.

ICICI Prudential Short Term Fund Direct Plan Growth Option Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹14708 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
123.92%

Fund Distribution as on (28-Feb-23)

  • Debt & Cash 100%

Credit rating breakup

AAA
85.1%
AA
14.9%

Sector Allocation

Feb'23

Jan'23

Dec'22

Corporate

48.8%

Government

44.1%

Cash Equivalent

6.2%

Securitize

0.9%

Top Holdings of ICICI Prudential Short Term Fund Direct Plan Growth Option as on (28-Feb-23)

  • Debt & Cash

Debt Holdings122
Holdings
Weight%
Holdings Trend
1M Change
7.42 9/22/2033 12:00:00 Am
7.42 9/22/2033 12:00:00 Am
11.66%
0%
7.38 6/20/2027 12:00:00 Am
7.38 6/20/2027 12:00:00 Am
8.79%
7.9%
7.69 10/30/2034 12:00:00 Am
7.69 10/30/2034 12:00:00 Am
6.46%
0%
7.01 10/4/2028 12:00:00 Am
7.01 10/4/2028 12:00:00 Am
4.95%
0%
Pipeline Infrastructure Limited
Pipeline Infrastructure Limited
2.89%
0%

ICICI Prudential Short Term Fund Direct Plan Growth Option: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
0.51%
0.44%
0.44%
Short Duration Index
0.23%
0.38%
0.32%
  • This fund’s returns stands at 0.51% whereas the fund’s underlying benchmark Short Duration Index returns stands at 0.23% as on Feb'23
  • This fund outperformed Short Duration Index by 0.29% in Feb'23

AUM Change

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 14.6K Cr
₹ 14.6K Cr
₹ 15.5K Cr
  • AUM of the fund stands at 14.6K Cr as of Feb'23
  • AUM decreased by 28 Cr between Feb'23 and Jan'23

Fund Portfolio Changes

Top Stocks bought last month
National Bank For Agriculture And Rural Development's allocation increased from 0.01% to 1.03%
National Bank For Agriculture And Rural Development's allocation increased from 0.01% to 1.03%
Godrej Industries Limited's allocation increased from 0.52% to 1.53%
Godrej Industries Limited's allocation increased from 0.52% to 1.53%
Small Industries Development Bank Of India's allocation increased from 1.27% to 2.08%
Small Industries Development Bank Of India's allocation increased from 1.27% to 2.08%
Top Stocks sold last month
Embassy Office Parks Reit's allocation decreased from 1.19 % to 1.04 %
Embassy Office Parks Reit's allocation decreased from 1.19 % to 1.04 %
Bharti Telecom Limited's allocation decreased from 1.07 % to 1.03 %
Bharti Telecom Limited's allocation decreased from 1.07 % to 1.03 %
Godrej Industries Limited's allocation decreased from 1.42 % to 0.52 %
Godrej Industries Limited's allocation decreased from 1.42 % to 0.52 %
Debt allocation has gone up from 78.6% to 80%
Debt allocation has gone up from 78.6% to 80%
Cash allocation has gone down from 21.4% to 20%
Cash allocation has gone down from 21.4% to 20%

Top 3 Sectors in February were Corporate, Government & Securitize

Feb'23
Corporate
49%
Government
44%
Securitize
Jan'23
Corporate
49%
Government
42%
Securitize

ICICI Prudential Short Term Fund Direct Plan Growth Option Fund Manager

Manish Banthia

Manish Banthia

Fund Manager of ICICI Prudential Short Term Fund Direct Plan Growth Option, since 19 November 2009
Nikhil Kabra

Nikhil Kabra

Fund Manager of ICICI Prudential Short Term Fund Direct Plan Growth Option, since 29 December 2020

Fund Highlights

Risk meter
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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 8.55% since inception which is more than its category average return of 5.61%
AUM size ₹14708 Cr

AUM size ₹14708 Cr

This fund has AUM of ₹14708 Cr which is more than its category average of ₹ 3338 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of ICICI Prudential Short Term Fund Direct Plan Growth Option is 54.13 as on 17-Mar-2023.
Existing (Absolute + CAGR)
ICICI Prudential Short Term Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.61%
0.61%
6 Month Returns
3.38%
3.38%
1 Year Returns
6.4%
6.4%
3 Years Returns
23.37%
7.25%
5 Years Returns
45.13%
7.73%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.39 as on February 2023
14561 Cr as on February 2023
Yield to Maturity is 8.1 as on February 2023. 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 1.45 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
85.06
AA
14.94
Nikhil Kabra,Manish Banthia are the fund managers of ICICI Prudential Short Term Fund Direct Plan Growth Option
The Exit load of ICICI Prudential Short Term Fund Direct Plan Growth Option is 0%