ICICI Prudential Ultra Short Term Fund Direct Growth
Get the latest NAV of ICICI Prudential Ultra Short Term Fund Direct Growth. 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.
₹29.62
NAV as on 09 May 2025
8.06%/per year
Since Inception
▲▼
806 people have invested ₹ 7.8Cr in ICICI Prudential Ultra Short Term Fund Direct Growth in the last three months
Fund Performance
as on (09-May-25)
Peer comparison
ICICI Prudential Ultra Short Term Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
ICICI Prudential Ultra Short Term Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Debt & Cash 99.7%
ICICI Prudential Ultra Short Term Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Debt & Cash 99.7%
Top 3 Sectors in March were Corporate, Energy & Industrial
Corporate
59%
Energy
40%
Industrial
28%
Corporate
55%
Energy
40%
Industrial
28%
ICICI Prudential Ultra Short Term Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.39% |
Benchmark | NIFTY Ultra Short Duration Debt TR INR |
| AUM | ₹13512 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 |
About ICICI Prudential Ultra Short Term Fund
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 Ritesh Lunawat, Manish Banthia. This fund is suitable to keep your money safe.
Key Parameters
- ICICI Prudential Ultra Short Term Fund Direct Growth has ₹13512 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
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 7.89%, 7.33% and 6.59% respectively.
Holdings
ICICI Prudential Ultra Short Term Fund Direct Growth has allocated its funds majorly in Corporate, Energy, Industrial, Cash Equivalent, Government, Financial Services, Basic Materials, Health. Its top holdings are 7.3% Govt Stock 2028, 182 Days Tbill, LIC Housing Finance Limited, Bharti Telecom Limited, National Bank For Agriculture And Rural Development
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: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 Ultra Short Term Fund Direct Growth
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 Fund Direct Growth has no lock in period.
Fund Manager
Ritesh Lunawat
Fund Manager of ICICI Prudential Ultra Short Term Fund Direct Growth, since 15 June 2017
Manish Banthia
Fund Manager of ICICI Prudential Ultra Short Term Fund Direct Growth, since 15 November 2016
- AUM of the fund stands at 12.7K Cr as of Mar'25
- AUM decreased by 915.6 Cr between Mar'25 and Feb'25
More funds from ICICI
5Y CAGR
▲ 7.18
5Y CAGR
▲ 7.29
Frequently Asked Questions for ICICI Prudential Ultra Short Term Fund Direct Growth
What is the current NAV of ICICI Prudential Ultra Short Term Fund Direct Growth?
What are the average returns of ICICI Prudential Ultra Short Term Fund Direct Growth?
ICICI Prudential Ultra Short Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.94% | 3.94% |
1 Year Returns | 7.89% | 7.89% |
3 Years Returns | 23.66% | 7.33% |
How do I invest in ICICI Prudential Ultra Short Term Fund Direct Growth?
- 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.
What is the expense ratio of ICICI Prudential Ultra Short Term Fund Direct Growth?
What is net assets under management (AUM) of ICICI Prudential Ultra Short Term Fund Direct Growth?
What are the top 5 holdings of ICICI Prudential Ultra Short Term Fund Direct Growth?
What are the top 3 sectors that this ICICI Prudential Ultra Short Term Fund Direct Growth has invested in?
What is the yield to maturity ratio of ICICI Prudential Ultra Short Term Fund Direct Growth?
What is the modified duration of ICICI Prudential Ultra Short Term Fund Direct Growth?
What is the credit rating breakup of ICICI Prudential Ultra Short Term Fund Direct Growth?
AAA | 78.71 |
AA | 21.29 |