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: ₹ 59.61 as on 24-05-2024

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 Nikhil Kabra, Manish Banthia. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Short Term Fund Direct Plan Growth Option has ₹18173 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.
Fund Performance
zero opening, trading, fund transfer fee
1854 people have invested ₹ 9.9Cr in ICICI Prudential Short Term Fund Direct Plan Growth Option in the last three months

Overview

Expense ratio
Expense ratio
0.45%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹18173 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
94.03%

ICICI Prudential Short Term Fund Direct Plan Growth Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
79.8%
AA
20.2%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
47.3%
Government
42.3%
Cash Equivalent
10.3%
Securitize
0.1%

Top Holdings of ICICI Prudential Short Term Fund Direct Plan Growth Option as on (30-Apr-24)

  • Debt & Cash

Debt Holdings121
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
16.71%
-6.6%
8.34% Govt Stock 2033
8.34% Govt Stock 2033
9.02%
0%
8% Govt Stock 2034
8% Govt Stock 2034
5.01%
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
2.03%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 18.1K Cr
₹ 16.9K Cr
₹ 19K Cr
  • AUM of the fund stands at 18.1K Cr as of Apr'24
  • AUM increased by 1.2K Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
Over the last 1 year, this fund has increased expense ratio by 12.5% moving from 0.40 to 0.45.
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In the last 5 years, this fund has outperformed all funds in its category.
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This fund with AUM at ₹18172.97Cr is among the largest funds in the short duration category.
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Over the last 3 months, this fund has experienced a 3.2% drop in AUM moving from 18.76K Cr to 18.17K Cr.
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In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.67% return, outperforming this fund by 1.08% per annum.
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In the last 1 year, this fund has outperformed all funds in its category.
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This fund expense ratio is slightly on the lower side within the category (short duration). Its expense ratio is 0.45% which is lower than the category average expense ratio of 0.71%.

Fund Manager

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

ICICI Prudential Short Term Fund Direct Plan Growth Option 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 8.54% since inception which is more than its category average return of 5.64%
AUM size ₹18173 Cr

AUM size ₹18173 Cr

This fund has AUM of ₹18173 Cr which is more than its category average of ₹ 3593 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 Growth Option is ₹59.61 as on 24-May-2024.
Existing (Absolute + CAGR) as on 24-May-2024.
ICICI Prudential Short Term Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.89%
0.89%
6 Month Returns
4.16%
4.16%
1 Year Returns
7.86%
7.86%
3 Years Returns
21.1%
6.59%
5 Years Returns
46.34%
7.91%
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 April 2024
₹18173 Cr as on April 2024
7.18% Govt Stock 2033(16.71%), 8.34% Govt Stock 2033(9.02%), 8% Govt Stock 2034(5.01%), 7.06% Govt Stock 2028(4.14%), Small Industries Development Bank Of India(2.03%) as on April 2024
Corporate(47.01%), Government(42.21%), Cash Equivalent(10.68%) as on April 2024
Yield to Maturity is 7.98 as on April 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 2.81 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
79.76
AA
20.24
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%