ICICI Prudential Short Term Fund Direct Plan Growth Option
Debt
Direct
Short Duration
NAV: ₹ 54.2 as on 24-03-2023
Fund Performance
1651 people have invested ₹ 8.7Cr in mutual fund in the last three months
Fund Insights
In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has outperformed all funds in its category
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
In the last 5 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has outperformed all funds in its category
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
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%
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)
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
 | 0.39% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹14708 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 123.92% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
85.1%
AA
14.9%
Sector Allocation
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 Holdings122
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.42 9/22/2033 12:00:00 Am | 11.66% | 0% | |
7.38 6/20/2027 12:00:00 Am | 8.79% | 7.9% | |
7.69 10/30/2034 12:00:00 Am | 6.46% | 0% | |
7.01 10/4/2028 12:00:00 Am | 4.95% | 0% | |
Pipeline Infrastructure Limited | 2.89% | 0% |
See all
ICICI Prudential Short Term Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- 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
- 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%
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%
Top Stocks sold last month
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 %
Godrej Industries Limited's allocation decreased from 1.42 % to 0.52 %
Debt allocation has gone up from 78.6% to 80%
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
Peer Analysis
ICICI Prudential Short Term Fund Direct Plan Growth Option Fund Manager
Manish Banthia
Fund Manager of ICICI Prudential Short Term Fund Direct Plan Growth Option, since 19 November 2009
Top funds managed
Nikhil Kabra
Fund Manager of ICICI Prudential Short Term Fund Direct Plan Growth Option, since 29 December 2020
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
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
This fund has AUM of ₹14708 Cr which is more than its category average of ₹ 3338 Cr
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.
- 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.
0.39 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%