ICICI Prudential Ultra Short Term Fund Dividend Half Yearly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 03 May 2011. Rajat Chandak, Manish Banthia, Ritesh Lunawat is the Current Fund Manager of ICICI Prudential Ultra Short Term Fund Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹5,426 Cr and the Latest NAV as of 27 May 2020 is ₹10.72.
The ICICI Prudential Ultra Short Term Fund 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.