ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl

Debt
Direct
Ultra Short Duration
ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl

About the Fund

ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 26 October, 2018. The fund is managed by Manish Banthia, Ritesh Lunawat. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl has ₹12600 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl has given a CAGR return of 6.07% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.00%, 5.88% and 6.04% respectively.

Holdings

ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl has allocated its funds majorly in Corporate, Energy, Cash Equivalent, Industrial, Financial Services, Basic Materials, Government, Health. Its top holdings are National Bank For Agriculture And Rural Development, 364 DTB 13032025, Bharti Telecom Limited, HDFC Bank Limited, Sharekhan Limited

Taxation

As it is a ultra 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 Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl

To generate income through investments in a range of debt and money market instruments. 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 1000.00. ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.39%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹12600 Cr
Inception Date26 October, 2018
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
196.76%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
85.8%

AA
14.2%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
48.2%
Cash Equivalent
41.7%
Government
10.1%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
4.54%
0%
364 DTB 13032025
364 DTB 13032025
3.02%
0%
Bharti Telecom Limited
Bharti Telecom Limited
2.7%
0%
HDFC Bank Limited
HDFC Bank Limited
2.68%
0%
Sharekhan Limited
Sharekhan Limited
2.28%
0%

Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl, since 15 November 2016
Ritesh Lunawat
Ritesh Lunawat
Fund Manager of ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl, since 15 June 2017

ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl 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 6.07% since inception which is less than its category average return of 7.17%
AUM size ₹12600 Cr

AUM size ₹12600 Cr

This fund has AUM of ₹12600 Cr which is more than its category average of ₹ 3139 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 0.63%

Frequently Asked Questions

The current NAV of ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl is ₹10.09 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.28%
0.28%
6 Month Returns
3.52%
3.52%
1 Year Returns
7%
7%
3 Years Returns
18.71%
5.88%
5 Years Returns
34.07%
6.04%
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 May 2024
₹12600 Cr as on May 2024
National Bank For Agriculture And Rural Development(4.54%), 364 DTB 13032025(3.02%), Bharti Telecom Limited(2.7%), HDFC Bank Limited(2.68%), Sharekhan Limited(2.28%) as on May 2024
Corporate(50.11%), Cash Equivalent(39.17%), Government(10.72%) as on May 2024
Yield to Maturity is 7.72 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 0.43 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
85.81
AA
14.19
Manish Banthia, Ritesh Lunawat are the fund managers of ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Ultra Short Term Direct Weekly Payout of Inc Dist cum Cap Wdrl is 0%