ICICI Prudential Short Term Fund Direct Plan Growth Option

ICICI Prudential Short Term Fund Direct Plan Growth Option

Debt

ICICI Mutual Fund

Short Duration

Get the latest NAV of ICICI Prudential Short Term Fund Direct Plan Growth Option. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹70.83

NAV as on 14 Aug 2026

8.46%/per year

Since Inception

Absolute Gain%

▲▼

6294 people have invested ₹ 29Cr in ICICI Prudential Short Term Fund in the last three months

ICICI Prudential Short Term Fund Performance vs. Short Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (14-Aug-26)

The fund has consistently outperformed the benchmark (Short Duration Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.85%
2.64%
3.64%
6.8%
8.09%
7.33%
Short Duration Index
0.7%
2.28%
2.62%
5.12%
6.2%
5.69%
Short Duration Avg
0.7%
2.2%
2.69%
5.24%
7.12%
6.35%
Best in Short Duration
0.85%
2.78%
3.93%
6.8%
8.09%
10.86%
Worst in Short Duration
0.58%
2.14%
2.81%
5.56%
7.22%
6.11%
Category Rank
1/15
1/14
2/14
1/14
1/13
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ICICI Prudential Short Term Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

1
/14
85% Performance
47% Risk Management
17% Cost

Ranked 1 out of 14 mutual funds in the short duration category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
ICICI Prudential Short Term Fund
1/14
19,260Cr
0.38%
6.8%
8.09%
0.61
1.08
1.25
2.92
3.06
Aditya Birla Sun Life Short Term Fund
2/14
5,831Cr
0.3%
6.39%
7.9%
0.29
1.27
0.94
1.92
1.29
HDFC Short Term Debt Fund
3/14
15,081Cr
0.39%
6.22%
7.77%
0.26
1.17
0.94
2.03
1.35
Axis Short Duration Fund
4/14
8,010Cr
0.39%
6.42%
7.99%
0.44
1.18
1.08
2.26
2.14
See all

ICICI Prudential Short Term Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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ICICI Prudential Short Term Fund Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

AAA
78.7%
AA
21.3%
Cash allocation has gone down from -2.2% to -2.3%
Cash allocation has gone down from -2.2% to -2.3%
Debt allocation has gone up from 101.8% to 102%
Debt allocation has gone up from 101.8% to 102%

ICICI Prudential Short Term Fund Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Corporate
54.2%
Government
31.2%
Cash Equivalent
14.6%

Top 3 Sectors in July were Financial Services, Corporate & Government

Jul'26

Financial Services

96%

Corporate

63%

Government

33%

Jun'26

Financial Services

96%

Corporate

64%

Government

33%

ICICI Prudential Short Term Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.38%
Benchmark
Nifty Short Duration Debt TR INR
AUM₹19260 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
94.03%
Risk
Risk meter
pointer
Low to Moderate Risk

About ICICI Prudential Short Term 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 has ₹19260 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

ICICI Prudential Short Term Fund has given a CAGR return of 8.46% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.80%, 8.09% and 7.33% respectively.

Holdings

ICICI Prudential Short Term Fund has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Industrial. Its top holdings are National Bank For Agriculture And Rural Development, LIC Housing Finance Ltd, Vedanta Limited, SHIVSHAKTI SECURITISATION TRUST, National Bank For Agriculture And Rural Development

Taxation

As it is a 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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of ICICI Prudential Short Term Fund

To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity. 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 500.00 and for SIP is INR 500.00. ICICI Prudential Short Term Fund has no lock in period.

Fund Manager

Manish Banthia

Fund Manager of ICICI Prudential Short Term Fund, since 19 November 2009

Nikhil Kabra

Fund Manager of ICICI Prudential Short Term Fund, since 29 December 2020

Learn more about ICICI Mutual Fund
Parameters
Jul'26
Jun'26
May'26
AUM
₹ 19.3K Cr
₹ 19.2K Cr
₹ 21.2K Cr
  • AUM of the fund stands at 19.3K Cr as of Jul'26
  • AUM increased by 85.2 Cr between Jul'26 and Jun'26

Frequently Asked Questions for ICICI Prudential Short Term Fund Direct Plan Growth Option

How do I invest in ICICI Prudential Short Term Fund?

INDmoney makes it simple to invest in the ICICI Prudential Short Term Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘ICICI Prudential Short Term Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of ICICI Prudential Short Term Fund?

The NAV of the fund today is ₹70.83. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

ICICI Prudential Short Term Fund fund has generated a return of 6.80% in 1 year, 8.09% in 3 years, 7.33% in 5 years.

Who is the fund manager of ICICI Prudential Short Term Fund?

The fund managers are Manish Banthia, Nikhil Kabra.

What is the expense ratio of the fund?

The expense ratio is 0.38%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹19260 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of ICICI Prudential Short Term Fund?

The top 3 holdings of the fund are National Bank For Agriculture And Rural Development(4.65%), LIC Housing Finance Ltd(3.89%), Vedanta Limited(3.07%)