DEBT•ULTRA SHORT DURATION FUND
ICICI Prudential Ultra Short Term Fund
3 Year return
7.43%
NAV on August 10, 2026
32.2121
1D Returns
0%
Launched on January 2013(13 years)
Investment Details
₹1000
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
12.33%₹444
Total Value ₹4,044
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹14,352.32 Cr.
Expense Ratio
0.41% (inclusive of GST)
Exit Load
Nil
Ratings
5
Ratings by other agencies
Value Research
4
Crisil
3
Morning Star
5
Tax Implications
Tax on gains as per your income tax bracket
ICICI Prudential Mutual Fund Manager
MB
Manish Banthia
Fund Manager since Sep 2012
RL
Ritesh Lunawat
Fund Manager since Jan 2024
Fund House Details
ICICI Prudential Mutual Fund
Asset management company
AUM
₹11,76,217.65 Cr.
No. of Schemes
336
Setup Date
June 1993
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| UTI Ultra Short Duration Fund | 7.3332% | 2.5 |
| Nippon India Ultra Short Duration Fund | 7.5958% | 3 |
| Axis Ultra Short Duration Fund | 7.45% | 2 |
Schemes by ICICI Prudential Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment8.0752%
ICICI Prudential Ultra Short Term Fund Direct Plan Growth is an open-ended mutual fund offered by ICICI Prudential Asset Management Company. The fund invests in securities with an average maturity period of 3 to 6 months. It offers investors who want to invest for an extra short duration an alternative to putting their money in a bank’s savings account. The ICICI Prudential Ultra Short Term Fund is a debt fund that invests in a portfolio of diverse, high-quality debt and money market instruments. The fund has a low expense ratio, and there is no exit load. It is given a high ranking by CRISIL.
Investment Objective of the Scheme
The primary objective of the fund is to offer high liquidity to investors looking for short-term investments to park their funds. It aims to provide stable returns from investing in a diverse portfolio of low-risk debt instruments. It primarily invests in money instruments with AAA and AA+ CRISIL ratings.
Key Features of The Fund
5-year return
6.721%
Expense Ratio
0.41%
Fund Manager
Manish Banthia
Fund Size
₹14352.32 Cr.
Risk Profile
Moderate
Is This Scheme Right for Me?
You may consider investing in the fund if your primary objective is to ensure capital protection with high liquidity. The fund is specifically designed for investors with a very short investment horizon of 3 to 6 months. If you have a moderate risk appetite, this fund is a good option for you. However, you must consider your overall risk tolerance level and financial goals before investing.
AMC Contact Details
| Name | ICICI Prudential Mutual Fund |
| Launch Date | June 1993 |
| Address | One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051 |
| Contact | 18002006000 91 22 2652 5000 |
| enquiry@icicipruamc.com | |
| Website | https://www.icicipruamc.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Leverage Expert Management for Your Investments with SIPs
Mutual funds are managed by experienced professionals who research and select investments based on the fund's objective. SIPs allow you to tap into this expertise without needing to actively manage your portfolio yourself. Use the SIP return calculator to calculate the potential growth of your mutual fund investment.
FAQs
What is today's NAV of ICICI Prudential Ultra Short Term Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of ICICI Prudential Ultra Short Term Fund on August 10, 2026, is ₹32.2121
What is the AUM of ICICI Prudential Ultra Short Term Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of ICICI Prudential Ultra Short Term Fund, is ₹14352.32 crore.
What is the expense ratio of ICICI Prudential Ultra Short Term Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of ICICI Prudential Ultra Short Term Fund is 0.41%
What are the returns of ICICI Prudential Ultra Short Term Fund since inception?
The ICICI Prudential Ultra Short Term Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in ICICI Prudential Ultra Short Term Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for ICICI Prudential Ultra Short Term Fund is ₹1000.
How do I invest in ICICI Prudential Ultra Short Term Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in ICICI Prudential Ultra Short Term Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in ICICI Prudential Ultra Short Term Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in ICICI Prudential Ultra Short Term Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,044 in 3Y at 7.4289% returns
SIP Date1st of every month
Your next SIP Payment will be on 10 September 2026
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