ICICI Prudential Short Term Fund Direct Plan Growth Option
Debt
Direct
Short Duration
NAV: ₹ 59.47 as on 16-05-2024
About the Fund
ICICI Prudential Short Term Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Nikhil Kabra, Manish Banthia. This fund is suitable to keep your money safe.
Key Parameters
- ICICI Prudential Short Term Fund Direct Plan Growth Option has ₹18092 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.5.
Fund Performance
1809 people have invested ₹ 10.2Cr in ICICI Prudential Short Term Fund Direct Plan Growth Option in the last three months
Overview
 | 0.45% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹18092 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 94.03% |
ICICI Prudential Short Term Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
78%
AA
22%
Sector Allocation
Corporate
47.3%
Government
42.3%
Cash Equivalent
10.3%
Securitize
0.1%
Top Holdings of ICICI Prudential Short Term Fund Direct Plan Growth Option as on (30-Apr-24)
Debt Holdings121
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 16.66% | -6.6% | |
8.34% Govt Stock 2033 | 9.1% | 0% | |
8% Govt Stock 2034 | 5.05% | 0% | |
7.06% Govt Stock 2028 | 4.15% | 0% | |
Small Industries Development Bank Of India | 2.03% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 18.1K Cr as of Apr'24
- AUM increased by 1.2K Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 1 year, this fund has increased expense ratio by 12.5% moving from 0.40 to 0.45.
This fund with AUM at ₹18091.82Cr is among the largest funds in the short duration category.
In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.64% return, outperforming this fund by 1.09% per annum.
This fund expense ratio is slightly on the lower side within the category (short duration). Its expense ratio is 0.45% which is lower than the category average expense ratio of 0.7%.
In the last 5 years, this fund has outperformed all funds in its category.
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 3 months, this fund has experienced a 3.2% drop in AUM moving from 18.69K Cr to 18.09K Cr.
Peer Analysis
Fund Manager
Nikhil Kabra
Fund Manager of ICICI Prudential Short Term Fund Direct Plan Growth Option, since 29 December 2020
Top funds managed
Manish Banthia
Fund Manager of ICICI Prudential Short Term Fund Direct Plan Growth Option, since 19 November 2009
Top funds managed
ICICI Prudential Short Term Fund Direct Plan Growth Option Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.53% since inception which is more than its category average return of 5.63%
AUM size ₹18092 Cr
This fund has AUM of ₹18092 Cr which is more than its category average of ₹ 3590 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.67%
Frequently Asked Questions
The current NAV of ICICI Prudential Short Term Fund Direct Plan Growth Option is ₹59.47 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
ICICI Prudential Short Term Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.75% | 0.75% |
6 Month Returns | 4.04% | 4.04% |
1 Year Returns | 7.84% | 7.84% |
3 Years Returns | 20.97% | 6.55% |
5 Years Returns | 46.42% | 7.92% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.45% as on April 2024
₹18092 Cr as on April 2024
7.18% Govt Stock 2033(16.66%), 8.34% Govt Stock 2033(9.1%), 8% Govt Stock 2034(5.05%), 7.06% Govt Stock 2028(4.15%), Small Industries Development Bank Of India(2.03%) as on April 2024
Corporate(47.33%), Government(42.31%), Cash Equivalent(10.25%) as on April 2024
Yield to Maturity is 8.04 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.79 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 78.05 |
AA | 21.95 |
Nikhil Kabra, Manish Banthia are the fund managers of ICICI Prudential Short Term Fund Direct Plan Growth Option
The Exit load of ICICI Prudential Short Term Fund Direct Plan Growth Option is 0%