Fund Details
ICICI Prudential Short Term Fund Direct Plan IDCW Fortnightly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.40% |
| NAV | ₹12.87 (09 Apr 2021) |
|---|---|
| Fund Started | 04 Jan 2013 |
| Fund Size | ₹22,158 Cr |
Returns
Comparison
1. Lower expense ratio - 0.4%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Fund Managers
ICICI Prudential Short Term Fund Direct Plan IDCW Fortnightly Details
ICICI Prudential Short Term Fund Direct Plan IDCW Fortnightly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 04 Jan 2013. Manish Banthia is the Current Fund Manager of ICICI Prudential Short Term Fund Direct Plan IDCW Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹22,158 Cr and the Latest NAV as of 09 Apr 2021 is ₹12.87.
The ICICI Prudential Short Term Fund Direct Plan IDCW Fortnightly is rated Moderate risk. Minimum SIP Investment is set to 1000.
Investment Objective
The scheme seeks to generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity
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.
