These are the top-ranked funds within short term mutual funds.However, Scripbox does not recommend investing in short term mutual funds.Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
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Historical NAV
₹ 43.8071
NAV (Apr 24)
Fund Returns
Last 1Y
9.5%
Last 3Y
7.4%
Last 5Y
8.1%
Last 10Y
8.4%
Since Inception
8.3%
6 Month CAGR
4%
Scheme Information
Investment Objective
To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield,safety and liquidity. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
ICICI Prudential Asset Management Company Limited manages assets worth 474,066 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 110 equity,526 debt and 64 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About ICICI Prudential Short Term Fund Institutional (G)
About ICICI Prudential Short Term Fund Institutional (G)
ICICI Prudential Short Term Fund Institutional (G) is a Short Term Debt fund and has delivered an annualised return of 8.3% over a period of 18 years. The fund was previously known as Pru ICICI S/T Instl Gr . The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Manish Banthia, Nikhil Kabra
ICICI Prudential Short Term Fund Institutional (G) Investment Objective
To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield,safety and liquidity. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. . However, there is no assurance that the objective of the scheme will be realized.
ICICI Prudential Short Term Fund Institutional (G) NAV,AUM,Risk
The ICICI Prudential Short Term Fund Institutional (G) fund was launched on Feb 25, 2003. The NAV (Net Asset Value) of this Short Term Debt fund as of 2020-04-24 is ₹43.81. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹21208.565. The category risk of the ICICI Prudential Short Term Fund Institutional (G) fund is Moderate Risk. The fund charges 1.13 % as expense ratio.
ICICI Prudential Short Term Fund Institutional (G) Holdings
The fund’s highest allocation is towards Debt and has invested 72.6% in this asset class. The top three holdings of the fund are , treps , 6.64% govt stock 2035 , national bank for agriculture and rural development , 182 dtb 09122021 , govt stock , 91 dtb 14102021 , pipeline infrastructure private limited , housing development finance corporation limited , net current assets , panatone finvest limited , 07.19 up sdl 2031 , 6.79% govt stock 2027 , 182 dtb 30122021 , 6.67% govt stock 2050 , housing development finance corporation limited , icici bank limited , godrej industries limited , motherson sumi systems limited , india grid trust , axis bank limited , jamnagar utilities & power private limited , bharti telecom limited , tata motors finance solutions limited , tmf holdings limited , jamnagar utilities & power private limited , state bank of india , embassy office parks reit , hdb financial services limited , 06.58 gj sdl 2027 , food corporation of india , state bank of india , national bank for agriculture and rural development , torrent power limited , embassy office parks reit , power finance corporation limited , embassy office parks reit , john deere financial india pvt. limited , 7.52% tn sdl 2027 , 8.15% govt stock 2026 , rural electrification corporation limited , power finance corporation limited , tata projects limited , aditya birla fashion and retail limited , flometallic india private limited , tata motors finance limited , tata teleservices (maharashtra) ltd , 6.76% govt stock 2061 , 6.97% govt stock 2026 , tata capital financial services limited , housing development finance corporation limited , bank of baroda , varanasi sangam expressway private limited , power finance corporation limited , 7.47% up sdl 2027 , power finance corporation limited , nabha power limited , chennai petroleum corporation limited , nabha power limited , vedanta limited , state bank of india , icici bank limited , godrej industries limited , cholamandalam investment and fin. co. ltd , 8.33% govt stock 2026 , 7.59% gj sdl 2027 , mahindra & mahindra financial services limited , national highways authority of india , state bank of india , tmf holdings limited , state bank of india , housing and urban development corporation limited (hudco) , rec limited , icici bank limited , mahanagar telephone nigam limited , tata cleantech capital limited , aditya birla finance limited , lic housing finance limited , national bank for agriculture and rural development , idfc bank limited , 7.08% ap sdl 2026 , 7.62% up sdl 2027 , tata capital housing finance limited , rural electrification corporation limited , aditya birla finance limited , state bank of india , jodhpur wind farms private limited , power finance corporation limited , rural electrification corporation limited , national bank for agriculture and rural development , national bank for agriculture and rural development , tmf holdings limited , axis bank limited , john deere financial india private limited , power finance corporation limited , aditya birla housing finance limited , lic housing finance limited , 5.63% govt stock 2026 , nabha power limited , 7.18% tn sdl 2027 , 7.19% gj sdl 2027 , 7.27% up sdl 2027 , 06.45 mh sdl 2027 , jodhpur wind farms private limited , jodhpur wind farms private limited , tata motors finance limited , 8.26% govt stock 2027 , 7.86% wb sdl 2026 , 7.06% rj sdl 2026 , national bank for agriculture and rural development , mahindra & mahindra limited , jamnagar utilities & power private limited , first business receivables trust , the tata power company limited , 91 dtb 30092021 , ongc petro additions limited , 8.21% west bengal sdl 2025 , 07.40% ts sdl 2026 , 07.41% up sdl 2026 , grasim industries limited , housing and urban development corporation limited , hdfc bank limited , bank of baroda , 08.31 rj sdl 2027 , 7.59% ka sdl 2027 , reliance industries limited , icici bank limited , housing development finance corporation limited , power finance corporation limited , rec limited , first business receivables trust , rural electrification corporation limited , rural electrification corporation limited , housing development finance corporation limited , 7.29% up sdl 2027 , 8.31% telangana sdl 2026 , rural electrification corporation limited , 07.39% up sdl 2026 , rec limited , 7.19% up sdl 2027 , britannia industries limited , reliable devices trust , national bank for agriculture and rural development , 8.28% govt stock 2027 , 7.27% jh sdl 2027 , 7.74% tn sdl 2027 , 07.40% mp sdl 2026 , 7.20% tn sdl 2027 , rural electrification corporation limited , nhpc limited (national hydroelectric power corporation limited) , first business receivables trust , export-import bank of india , first business receivables trust , first business receivables trust , first business receivables trust , first business receivables trust , first business receivables trust , 7.85% tn sdl 2027 , 7.84% tn sdl 2026
ICICI Prudential Short Term Fund Institutional (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹null and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
ICICI Prudential Short Term Fund Institutional (G) Investment volatility and Horizon
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Short Term Bond Fund TR INR.
ICICI Prudential Short Term Fund Institutional (G) Review
ICICI Prudential Short Term Fund Institutional (G) has a score of 4 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Short Term Fund Institutional (G) has a score of 5out of 5
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
