Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Moderate
₹25.9799 0.01%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
ICICI Prudential Ultra Short Term Fund
|
|
|
Moderate
|
Please wait... |
0.82 |
|
 |
|
Low to Moderate
|
Please wait... |
0.69 |
||
|
|
Moderate
|
Please wait... |
0.55 |
||
 |
|
Moderate
|
Please wait... |
1.13 |
||
|
|
Low to Moderate
|
Please wait... |
0.47 |
₹14,113 Cr
--
5,000
500
1,000
6
Investment Strategy
The scheme seeks to generate income through investments in a range of debt and money market instruments.
Suitability
"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
ICICI Prudential Ultra Short Term Fund is mandated to invest in bonds such that the duration of the portfolio is between three to six months.
Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Ultra Short Term Fund fund can be purchased from the website of ICICI Prudential Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of ICICI Prudential Ultra Short Term Fund is ₹25.9799 as of 14-Aug-2024.
The AUM of ICICI Prudential Ultra Short Term Fund Fund is ₹14,113 Cr as of 31-Jul-2024
The riskometer level of ICICI Prudential Ultra Short Term Fund is Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
National Bank For Agriculture & Rural Development CD 07/02/2025 |
4.09
|
|
Punjab National Bank CD 20/02/2025 |
4.08
|
|
Small Industries Devp. Bank of India Ltd SR II Debenture 5.59 21/02/2025 |
2.98
|
|
Reserve Bank of India T-Bills 364-D 06/02/2025 |
2.74
|
|
Reserve Bank of India T-Bills 364-D 13/03/2025 |
2.72
|
As of 31-Jul-2024, ICICI Prudential Ultra Short Term Fund had invested 95.39% in Debt and 4.61% in Cash & Cash Eq. See More
ICICI Prudential Ultra Short Term Fund is 13 years 3 months old. It has delivered 7.45% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.22%
|
5.84%
|
5.93%
|
6.36%
|
7.54%
|
7.45%
|
No, There is no lock in period in ICICI Prudential Ultra Short Term Fund.
The expense ratio of ICICI Prudential Ultra Short Term Fund is 0.82.
Mutual Funds 
ICICI Prudential ICICI Prudential Ultra Short Term Fund
