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ICICI Prudential Ultra Short Term Fund IDCW Fortnightly+0.01%

6.13%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Ultra Short Term Fund IDCW Fortnightly

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.97%
NAV₹10.07 (16 Apr 2021)
Fund Started16 Oct 2018
Fund Size8,288 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.1%
7.1%
7.5%
0.7%
Category Average
4.6%
5.4%
6.0%
-
Rank Within Category
2
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 6.1% returns per annum

Comparison

Data not available
Pros
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
1. Age is less than 3 years

Fund Managers

Manish Banthia
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Ritesh Lunawat
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ICICI Prudential Ultra Short Term Fund IDCW Fortnightly Details

ICICI Prudential Ultra Short Term Fund IDCW 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 IDCW Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹8,288 Cr and the Latest NAV as of 16 Apr 2021 is ₹10.07.

The ICICI Prudential Ultra Short Term Fund IDCW Fortnightly is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to generate income through investments in a range of debt and money market instruments.

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
13 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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