| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.04% |
| NAV | ₹10.07 (18 Sep 2020) |
|---|---|
| Fund Started | 16 Oct 2018 |
| Fund Size | ₹6,940 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Manappuram Finance Ltd. | Financial | NCD | 3.0% |
| JSW Energy Ltd. | Engineering | NCD | 2.9% |
| REC Ltd. | Financial | Debenture | 2.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.2% |
| Tata Value Homes Ltd. | Financial | NCD | 2.2% |
| Motilal Oswal Home Finance Ltd. | Financial | NCD | 2.2% |
| AU Small Finance Bank Ltd. | Financial | CD | 2.1% |
| Reliance Industries Ltd. | Energy | Bonds/Deb | 2.0% |
| NUVOCO Vistas Corp Ltd. | Construction | CP | 1.9% |
| Bharti Telecom Ltd. | Communication | Debenture | 1.8% |
ICICI Prudential Ultra Short Term Fund Dividend Fortnightly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 16 Oct 2018. Manish Banthia is the Current Fund Manager of ICICI Prudential Ultra Short Term Fund Dividend Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹6,940 Cr and the Latest NAV as of 18 Sep 2020 is ₹10.07.
The ICICI Prudential Ultra Short Term Fund Dividend Fortnightly is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate income through investments in a range of debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.