ICICI Prudential Ultra Short Term Fund Dividend Monthly+0.06%

4Groww
8.76%
1 Year Return
Debt
Ultra Short Duration
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Ultra Short Term Fund Dividend Monthly

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.94%
NAV10.69 (11 Nov 2019)
Fund Started03 May 2011
Fund Size5,995 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Ultra Short Term Fund Dividend Monthly
8.8%
7.6%
8.4%
8.4%
Category Average
5.1%
5.7%
6.8%
-
Rank within category
4
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 8.8% 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. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    National Bank For Agriculture & Rural DevelopmentFinancialBonds/NCD4.5%
    NUVOCO Vistas Corp Ltd.ConstructionDebenture3.5%
    Manappuram Finance Ltd.FinancialNCD3.3%
    Writers and Publishers Pvt Ltd.FMCGNCD3.0%
    Nabha Power Ltd.EngineeringDebenture2.8%
    JSW Steel Ltd.MetalsDebenture2.7%
    Ashoka Buildcon Ltd.ConstructionNCD2.5%
    Tata Value Homes Ltd.FinancialNCD2.5%
    Bahadur Chand Investments Pvt. Ltd.FinancialFRD2.5%
    Motilal Oswal Home Finance Ltd.FinancialNCD2.5%
    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

    Other Details

    ICICI Prudential Ultra Short Term Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced 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 Monthly.The fund currently has an Asset Under Management(AUM) of ₹5,995 Cr and the Latest NAV as of 11 Nov 2019 is ₹10.69.

    The ICICI Prudential Ultra Short Term Fund Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    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)

    ₹5000
    Min for First Investment
    ₹1000
    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
    12 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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