Debt
Direct
Ultra Short Duration
NAV as on 06-12-2024
₹ 28.66
Inception Returns
8.1%
/yr
ICICI Prudential Ultra Short Term Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Manish Banthia, Ritesh Lunawat. This fund is suitable to keep your money safe.
ICICI Prudential Ultra Short Term Fund Direct Growth has given a CAGR return of 8.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.88%, 6.71% and 6.42% respectively.
ICICI Prudential Ultra Short Term Fund Direct Growth has allocated its funds majorly in Corporate, Energy, Cash Equivalent, Industrial, Financial Services, Basic Materials, Government, Securitize, Health. Its top holdings are Punjab National Bank, 364 Days T - Bill- 06/02/2025, 364 DTB 13032025, Rbl Bank Limited, LIC Housing Finance Limited
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.
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 for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. ICICI Prudential Ultra Short Term Fund Direct Growth has no lock in period.
Expense ratio | 0.39% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹14358 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 196.76% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (06-Dec-24)
as on (31-Dec-69)
Top 3 Sectors in October were Corporate, Energy & Industrial
ICICI Prudential Ultra Short Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.81% | 3.81% |
1 Year Returns | 7.88% | 7.88% |
3 Years Returns | 21.51% | 6.71% |
5 Years Returns | 36.48% | 6.42% |
AAA | 83.79 |
AA | 16.21 |