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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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 420,092 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.
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
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of 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.
Relative 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 Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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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 as of 2020-04-24 is ₹ 43.8071. The total AUM (Asset Under Management) of the fund as of 2021-06-14 is ₹ 20015.316. The category risk of the ICICI Prudential Short Term Fund Institutional (G) fund is Moderate Risk.
The fund charges 1.15 % as expense ratio.
ICICI Prudential Short Term Fund Institutional (G) Holdings
The fund’s highest allocation is towards debt and has invested 88.3% in this asset class. The top three holdings of the fund are 6.64% govt stock 2035,national bank for agriculture and rural development and 6.79% govt stock 2027
ICICI Prudential Short Term Fund Institutional (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 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 scores 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 5 out of 5.
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
