ICICI Prudential Ultra Short Term Fund Direct Dividend Half Yearly+0.03%

5
8.16%
1 Year Return
Debt
Ultra Short Duration
5.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Ultra Short Term Fund Direct Dividend Half Yearly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.39%
NAV10.70 (13 Aug 2020)
Fund Started29 Jul 2015
Fund Size6,281 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Ultra Short Term Fund Direct Dividend Half Yearly
8.2%
8.1%
8.9%
9.1%
Category Average
6.2%
6.0%
6.7%
-
Rank within category
3
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.2% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk-adjusted returns are higher compared to the category
    3. Lower expense ratio
    4. 1Y Returns are higher than the category average returns
    5. 3Y Returns are higher than the category average returns
    6. 5Y Returns are higher than the category average returns
    7. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Manappuram Finance Ltd.FinancialNCD3.7%
    JSW Energy Ltd.EngineeringNCD3.6%
    REC Ltd.FinancialDebenture3.2%
    Tata Value Homes Ltd.FinancialNCD2.7%
    Motilal Oswal Home Finance Ltd.FinancialNCD2.7%
    Reserve Bank of IndiaFinancialT-Bills2.7%
    AU Small Finance Bank Ltd.FinancialCD2.6%
    Bharti Telecom Ltd.CommunicationDebenture2.3%
    Bahadur Chand Investments Pvt. Ltd.FinancialZCB2.3%
    Tata Motors Ltd.AutomobileCP2.2%
    See All

    Fund Managers

    addManish Banthia
    Education
    Mr. Banthia is B.Com, CA and MBA
    Experience
    He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
    Funds Managed

    ICICI Prudential Ultra Short Term Fund Direct Dividend Half Yearly Details

    ICICI Prudential Ultra Short Term Fund Direct Dividend Half Yearly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 29 Jul 2015. Rajat Chandak, Manish Banthia, Ritesh Lunawat is the Current Fund Manager of ICICI Prudential Ultra Short Term Fund Direct Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹6,281 Cr and the Latest NAV as of 13 Aug 2020 is ₹10.70.

    The ICICI Prudential Ultra Short Term Fund Direct Dividend Half Yearly is rated Moderate risk. Minimum SIP Investment is set to 1000.

    Investment Objective

    The Scheme seeks to generate regular income through investments in fixed income securities so as to make regular dividend distribution to unitholders seeking the Dividend Option. The secondary objective of the Scheme is to generate long-term capital appreciation by investing a portion of the Schemeâ??s assets in equity and equity related instruments. However, there can be no assurance that the investment objectives of the Scheme will be realized.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    13 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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