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  • ICICI Prudential Ultra Short Term Fund of (RIDCW-Q)

Formerly ICICI Pru Ultra Short Term Qt DR

ICICI Mutual Fund

ICICI Prudential Ultra Short Term Fund of (RIDCW-Q)

DebtUltra Short
Top Ranked

11.0086

NAV (Jun 14)

5.6%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within ultra short mutual funds.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

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

Rolling Returns

Good

The performance of the fund on a Rolling Returns metric has been Good

Invest in this fund
Scripbox Recommended Debt Funds
Want the ultra short term debt funds that are right for your short term investment needs?Learn more

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

11.0086

NAV (Jun 14)

Fund Returns

Last 1Y
7.2%
Last 3Y
5.7%
Last 5Y
6%
Last 10Y
7.4%
Since Inception
7.5%
6 Month CAGR
3.8%

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
0.82
Launched (13y ago)
May 03, 2011
AUM in Crores
12302.045
ISIN
INF109K01TS1
Lock-in
No Lock-in
Benchmark
NIFTY Ultra Short Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.5
Standard Deviation (5yr)
0.8
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.238
Sharpe Ratio (5yr)
0.448
YTM
7.7
Fund Managers

Ritesh Lunawat

Fund Manager

Manish Banthia

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ICICI Prudential Ultra Short Term Fund of (RIDCW-Q)70%8,36,128 1,03,5165.5%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2024-06-14

Top Debt Holdings

national bank for agriculture and rural development

4.6%
4.6%

treps

3.8%
3.8%

india (republic of)

3.1%
3.1%

india (republic of)

3%
3%

bharti telecom limited

2.7%
2.7%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 750,326 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 163 equity,554 debt and 65 hybrid funds.amc-img
phone-img022-26525000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

7.1%

8.4%

15.7%

20.7%

15.6%

24.6%

20.7%

0.2%

11.7%

ICICI Prudential Ultra Short Term Fund of (RIDCW-Q) Review

ICICI Prudential Ultra Short Term Fund of (RIDCW-Q) is a Ultra Short Debt fund and has delivered an annualised return of 6.2% over a period of 13 years. The fund was previously known as ICICI Pru Ultra Short Term Qt DR. 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 (RIDCW-Q) as of 6/14/2024 is ₹11.01 with the total AUM as of 6/18/2024 is ₹12302.045. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Ultra Short Term Fund of (RIDCW-Q) 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 (RIDCW-Q) 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 (RIDCW-Q) 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 (RIDCW-Q) is rated as a 4 fund in Debt and delivered 7.1% 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 (RIDCW-Q).

Frequently Asked Questions

What is ICICI Prudential Ultra Short Term Fund of (RIDCW-Q)?

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

How to invest in ICICI Prudential Ultra Short Term Fund of (RIDCW-Q)?

You can invest in ICICI Prudential Ultra Short Term Fund of (RIDCW-Q) 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 (RIDCW-Q)?

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

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

As per Scripbox experts, ICICI Prudential Ultra Short Term Fund of (RIDCW-Q) is a Top Ranked fund. You can investICICI Prudential Ultra Short Term Fund of (RIDCW-Q) 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 (RIDCW-Q)?

The expense ratio of the ICICI Prudential Ultra Short Term Fund of (RIDCW-Q) is 0.82% for regular plan.