• Mutual Funds
  • ICICI Mutual Fund
  • ICICI Prudential Ultra Short Term Fund of (PIDCW-M)

Formerly ICICI Pru Ultra Short Term Mn DP

ICICI Mutual Fund

ICICI Prudential Ultra Short Term Fund of (PIDCW-M)

DebtUltra Short

Top Ranked

10.6609

NAV (Aug 05)

4.9%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within ultra short mutual funds.However, Scripbox does not recommend investing in ultra short mutual funds.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 11,229 Cr

The performance of the fund on a Fund Size metric has been Good

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

View all 8 analysis

View Less

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.6609

NAV (Aug 5)

Fund Returns

Last 1Y

3.8%

Last 3Y

4.9%

Last 5Y

5%

Last 10Y

6%

Since Inception

6.1%

6 Month CAGR

1.9%

Scheme Information

Investment Objective

To generate income through investments in a range of debt and money market instruments. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Expense Ratio

0.87

Launched (11y ago)

May 03, 2011

AUM in Crores

11229.030

ISIN

INF109K01TR3

Lock-in

No Lock-in

Benchmark

NIFTY Ultra Short Duration Debt TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Ritesh Lunawat

Fund Manager

Manish Banthia

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2022-08-05

Top Debt Holdings

182 Days Treasury Bill 24-11-2022

7.9%
7.9%

182 Days Treasury Bill 10-11-2022

6.1%
6.1%

182 Days Treasury Bill 01-12-2022

5.7%
5.7%

treps

5.4%
5.4%

national bank for agriculture and rural development

4.9%
4.9%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 49,911 cr

₹ 14,870 cr

₹ 15,889 cr

₹ 14,702 cr

₹ 49,911 cr

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 485,249 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,526 debt and 68 hybrid funds.

amc-img

  • 022-26525000
  • enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4%

    7.2%

    18.2%

    16.3%

    5%

    5.9%

    6.4%

    6.9%

    6.4%

    7.5%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    ICICI Prudential Ultra Short Term Fund of (PIDCW-M) Review

    ICICI Prudential Ultra Short Term Fund of (PIDCW-M) is a Ultra Short Debt fund and has delivered an annualised return of 6.1% over a period of 11 years. The fund was previously known as ICICI Pru Ultra Short Term Mn DP. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Manish Banthia, Ritesh Lunawat.

    Nav of ICICI Prudential Ultra Short Term Fund of (PIDCW-M) as of 8/5/2022 is ₹10.66 with the total AUM as of 8/6/2022 is ₹11229.03. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Ultra Short Term Fund of (PIDCW-M) was launched on May 03, 2011. The category risk of the fund is Moderate Risk.

    The minimum SIP amount for ICICI Prudential Ultra Short Term Fund of (PIDCW-M) is ₹1000 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. Check your estimated returns on mutual funds by using sip calculator.

    ICICI Prudential Ultra Short Term Fund of (PIDCW-M) 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 NIFTY Ultra Short Duration Debt TR INR.

    ICICI Prudential Ultra Short Term Fund of (PIDCW-M) is rated as a 4 fund in Debt and delivered 3.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Ultra Short Term Fund of (PIDCW-M).

    Frequently Asked Questions

    What is ICICI Prudential Ultra Short Term Fund of (PIDCW-M)?

    ICICI Prudential Ultra Short Term Fund of (PIDCW-M) is a Ultra Short Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in ICICI Prudential Ultra Short Term Fund of (PIDCW-M)?

    You can invest in ICICI Prudential Ultra Short Term Fund of (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of ICICI Prudential Ultra Short Term Fund of (PIDCW-M)?

    The minimum sip amount for ICICI Prudential Ultra Short Term Fund of (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

    Is ICICI Prudential Ultra Short Term Fund of (PIDCW-M) good to invest in?

    As per Scripbox experts, ICICI Prudential Ultra Short Term Fund of (PIDCW-M) is a Top Ranked fund. You can investICICI Prudential Ultra Short Term Fund of (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the ICICI Prudential Ultra Short Term Fund of (PIDCW-M)?

    The expense ratio of the ICICI Prudential Ultra Short Term Fund of (PIDCW-M) is 0.87% for regular plan.