ICICI Pru Ultra Short Term Fund - Direct (G)


Ultra Short Duration Fund
  • NAV 27.01 (0.06%)
  • Fund Size (Cr) ₹13853.92
  • Expense Ratio 0.39
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹20
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 8.04%

Basic Details

Scheme Manager
Manish Banthia
Bench Mark
CRISIL Ultra Short Duration Debt B-I Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 16-Feb-24
  • 10017.59
  • 0.18%
  • -
  • 0.16%
  • 23/217
  • 1 Month
  • 23-Jan-24
  • 10065.96
  • 0.66%
  • -
  • 0.60%
  • 28/217
  • 3 Month
  • 23-Nov-23
  • 10185.68
  • 1.86%
  • -
  • 1.72%
  • 39/217
  • 6 Month
  • 23-Aug-23
  • 10363.84
  • 3.64%
  • -
  • 3.39%
  • 35/217
  • 1 Year
  • 23-Feb-23
  • 10757.20
  • 7.57%
  • 7.57%
  • 6.97%
  • 29/215
  • 3 Year
  • 23-Feb-21
  • 11863.00
  • 18.63%
  • 5.86%
  • 5.27%
  • 36/203
  • 5 Year
  • 22-Feb-19
  • 13773.55
  • 37.74%
  • 6.61%
  • 5.57%
  • 9/167
  • Since Inception
  • 09-Jan-13
  • 23652.82
  • 136.53%
  • 8.04%
  • 5.93%
  • 5/217

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Mar-23
  • 120000
  • 124663.02
  • 3.89%
  • 3.89%
  • 3 Year
  • 01-Mar-21
  • 360000
  • 397097.33
  • 10.30%
  • 3.32%
  • 5 Year
  • 01-Mar-19
  • 600000
  • 702540.33
  • 17.09%
  • 3.21%
  • 10 Year
  • 03-Mar-14
  • 1200000
  • 1742153.04
  • 45.18%
  • 3.80%

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    0.13%
  • Beta
    0.01%
  • Sharpe Ratio
    -2.70%
  • Treynor’s Ratio
    2.82%
  • Jension’s Alpha
    -1.24%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • LIC Housing Fin.
  • 2.13%
  • 2950
  • 294.84
  • NCD
  • Debt Others
  • N A B A R D
  • 1.98%
  • 2750
  • 274.47
  • NCD
  • Debt Others
  • Bharti Telecom
  • 1.44%
  • 20000
  • 200.10
  • NCD
  • Debt Others
  • Mahindra Rural
  • 1.44%
  • 2000
  • 200.04
  • NCD
  • Debt Others
  • Bajaj Housing
  • 1.44%
  • 2000
  • 199.95
  • NCD
  • Debt Others
  • Tata Power Co.
  • 1.44%
  • 2000
  • 199.93
  • NCD
  • Debt Others
  • APL Apollo Build
  • 1.44%
  • 20000
  • 199.48
  • NCD
  • Debt Others
  • Tata Housing
  • 1.37%
  • 19000
  • 190.06
  • NCD
  • Debt Others
  • Power Fin.Corpn.
  • 1.29%
  • 1790
  • 178.17
  • NCD
  • Debt Others
  • Baha.Chand.Inv.
  • 1.23%
  • 1700
  • 169.98
  • NCD
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • ICICI Pru Ultra Short Term Fund - Direct (G)
  • Stars
  • 13853.92
  • 0.66%
  • 1.86%
  • 3.64%
  • 7.57%
  • 5.86%
  • Invesco India Ultra Short Duration Fund-Dir (IDCW-Q)
  • Stars
  • 638.25
  • 0.62%
  • 3.56%
  • 5.35%
  • 9.30%
  • 5.80%
  • WhiteOak Capital Ultra Short Duration Fund-Dir (IDCW-D) RI
  • Stars
  • 253.63
  • 0.73%
  • 1.93%
  • 4.30%
  • 8.45%
  • 6.03%
  • Nippon India USD Fund - Direct (IDCW-W)
  • Stars
  • 5319.17
  • 1.40%
  • 2.65%
  • 4.49%
  • 8.36%
  • 7.57%
  • Mahindra Manulife Ultra Short Duration Fund-Dir (IDCW-W) RI
  • Stars
  • 189.66
  • 1.46%
  • 2.54%
  • 4.28%
  • 8.21%
  • 5.64%
  • Baroda BNP Paribas Ultra Short Duration Fund-Dir (IDCW-D)
  • Stars
  • 1434.95
  • 0.62%
  • 1.83%
  • 3.60%
  • 7.78%
  • 5.75%

News

  • ICICI Prudential MF Announces Income Distribution cum Capital Withdrawal (IDCW) ICICI Prudential Mutual Fund has announced 23 February 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    ICICI Prudential Bond Fund:

    Regular Plan ? Quarterly IDCW: 0.2526

    Direct Plan ? Quarterly IDCW: 0.2685

    Powered by Capital Market - Live News

  • ICICI Prudential MF Announces Income Distribution cum Capital Withdrawal (IDCW) under six schemes ICICI Prudential Mutual Fund has announced 12 February 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

    ICICI Prudential Asset Allocator Fund (FOF):

    Regular Plan ? IDCW: 6.6000

    Direct Plan ? IDCW: 6.6000

    ICICI Prudential Thematic Advantage Fund (FOF):

    Regular Plan ? IDCW: 10.7000

    ICICI Prudential India Equity FOF:

    Regular Plan ? IDCW: 1.5000

    Direct Plan ? IDCW: 1.5000

    ICICI Prudential Passive Strategy Fund (FOF):

    Regular Plan ? IDCW: 8.0000

    Direct Plan ? IDCW: 8.0000

    ICICI Prudential Income Optimizer Fund (FOF):

    Regular Plan ? IDCW: 3.8000

    Direct Plan ? IDCW: 3.8000

    ICICI Prudential Debt Management Fund (FOF):

    Regular Plan ? IDCW: 1.7000

    Direct Plan ? IDCW: 1.7000

    Powered by Capital Market - Live News

  • ICICI Mutual Fund Announces change in face value of units under Four schemes ICICI Mutual Fund has announced that change the face value per unit Exchange Traded Funds of ICICI Mutual Fund effective from March 1, 2024. The details of changes are as under:

    Change in Face Value of Units:

    Name of the Scheme Existing Face Value (Rs.) Proposed Face Value (Rs.)
    ICICI Prudential Nifty50 Value 20 ETF The Face Value of each unit is approximately Rs.10 The Face Value of each unit will be approximately Re.1
    ICICI Prudential Nifty Private Bank ETF The Face Value of each unit is approximately Rs.10 The Face Value of each unit will be approximately Re.1
    ICICI Prudential Nifty 100 Low Volatility 30 ETF The Face Value of each unit is approximately Rs.10 The Face Value of each unit will be approximately Re.1
    ICICI Prudential Nifty Auto ETF The Face Value of each unit is approximately Rs.10 The Face Value of each unit will be approximately Re.1

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 01-Jan-2013
  • Total AUM (Cr) ₹13854.55

ICICI Pru Ultra Short Term Fund - Direct (G) is an Ultra Short Duration Fund-oriented fund from the renowned AMC, ICICI Prudential Mutual Fund. Launched in Jan 2013, this fund is managed by Manish Banthia. With assets under management (AUM) worth ₹13854.55 (Cr), as of 26-Feb-2024, ICICI Pru Ultra Short Term Fund - Direct (G) is categorized as a Ultra Short Duration Fund within its segment. The fund has generated a return of 8.04% since its launch.
The current NAV of ICICI Pru Ultra Short Term Fund - Direct (G) is ₹27.01, as on 26-Feb-2024. The fund’s benchmark index is CRISIL Ultra Short Duration Debt B-I Index. You can invest in ICICI Pru Ultra Short Term Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹20 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 5.86% and 6.61% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 99.04% in Debt and 0.96% in cash and cash equivalents
The top 5 sectors the fund invests in are: 92.09% in Debt, 6.78% in Cash & Others, 1.25% in Petroleum Products, 1.18% in Construction Projects and 0.68% in Banks.

FAQs on ICICI Pru Ultra Short Term Fund - Direct (G)

ICICI Pru Ultra Short Term Fund - Direct (G) is a popular fund in the Ultra Short Duration Fund segment. The fund has generated a return of 8.04% since inception. Looking to invest in ICICI Pru Ultra Short Term Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in ICICI Pru Ultra Short Term Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, ICICI Pru Ultra Short Term Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in ICICI Pru Ultra Short Term Fund - Direct (G) today and reap the benefits of this Ultra Short Duration Fund fund!

In the short term, i.e., 1 year, ICICI Pru Ultra Short Term Fund - Direct (G) has generated annualised return of 7.57%. In the long-term, the fund has generated 5.86% and 6.61% in 3 and 5 years respectively. Since its inception, the fund has generated 8.04% returns.

The expense ratio of ICICI Pru Ultra Short Term Fund - Direct (G) Direct Growth is 0.39%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of ICICI Pru Ultra Short Term Fund - Direct (G) is ₹13854.55 (Cr) as of 26 February 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of ICICI Pru Ultra Short Term Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from ICICI Pru Ultra Short Term Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case ICICI Pru Ultra Short Term Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in ICICI Pru Ultra Short Term Fund - Direct (G). Minimum lumpsum investment ICICI Pru Ultra Short Term Fund - Direct (G) is ₹5000 and minimum SIP amount is ₹20. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of ICICI Pru Ultra Short Term Fund - Direct (G) is ₹27.01 as on 26 February 2024.

The 5 biggest stock holdings of ICICI Pru Ultra Short Term Fund - Direct (G) are:
LIC Housing Fin. (2.13%), N A B A R D (1.98%), Bharti Telecom (1.44%), Mahindra Rural (1.44%), Bajaj Housing (1.44%)

A majority of ICICI Pru Ultra Short Term Fund - Direct (G) 's AUM worth ₹13854.55 (Cr) is invested in these 3 top sectors:

  • Debt: 92.09%
  • Cash & Others: 6.78%
  • Petroleum Products: 1.25%

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