| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.39% |
| NAV | ₹10.70 (13 Aug 2020) |
|---|---|
| Fund Started | 29 Jul 2015 |
| Fund Size | ₹6,281 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Manappuram Finance Ltd. | Financial | NCD | 3.7% |
| JSW Energy Ltd. | Engineering | NCD | 3.6% |
| REC Ltd. | Financial | Debenture | 3.2% |
| Tata Value Homes Ltd. | Financial | NCD | 2.7% |
| Motilal Oswal Home Finance Ltd. | Financial | NCD | 2.7% |
| Reserve Bank of India | Financial | T-Bills | 2.7% |
| AU Small Finance Bank Ltd. | Financial | CD | 2.6% |
| Bharti Telecom Ltd. | Communication | Debenture | 2.3% |
| Bahadur Chand Investments Pvt. Ltd. | Financial | ZCB | 2.3% |
| Tata Motors Ltd. | Automobile | CP | 2.2% |
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.