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ICICI Prudential Short Term Fund

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Debt: Short Duration

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1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 9.35 0.00 0.25 1.41 1.82 6.83 10.81 8.28 8.48 8.90 8.74
CCIL T Bill Liquidity Weight 2.75 0.01 0.07 0.25 0.62 1.30 3.29 3.95 4.14 4.57 4.76
Debt: Short Duration 7.87 -0.02 0.11 1.16 1.51 5.69 8.96 6.34 7.01 7.69 8.03
Rank within category 5 4 1 3 4 4 2 6 3 3 3
Number of funds in category 26 26 26 26 26 26 26 23 23 23 20

As on 27-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Short Term Fund  | Invest Now
4 star
 Oct-01 10.81 8.28 8.48 1.16 18,946
SBI Short Term Debt Fund
4 star
 Jul-07 9.75 8.07 8.12 0.84 16,743
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
 May-02 10.08 8.28 8.11 1.14 14,379
HDFC Short Term Debt Fund  | Invest Online
5 star
 Jun-10 11.10 8.91 8.63 0.76 13,569
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
 Dec-00 9.76 8.32 8.08 0.80 13,334

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.57 (28-Nov-2008 - 05-Dec-2008) -1.71 (12-Mar-2020 - 19-Mar-2020)
Month 7.40 (28-Nov-2008 - 30-Dec-2008) -2.22 (15-Jul-2013 - 14-Aug-2013)
Quarter 11.51 (06-Oct-2008 - 05-Jan-2009) -3.25 (20-May-2013 - 19-Aug-2013)
Year 17.85 (21-Apr-2008 - 21-Apr-2009) 3.45 (11-Sep-2017 - 11-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.67 1.91 1.36 2.87 1.10 3.89
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Short Duration 6.06 3.47 0.79 1.62 0.77 1.88
Rank within category 8 12 8 5 10 11
Number of funds in category 24 24 24 24 24 24

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 196 203 132 60
Modified Duration (yrs) 2.79 2.85 1.90 2.19
Average Maturity (yrs) 3.97 4.05 2.58 2.71
Yield to Maturity (%) 5.83 7.58 5.61 5.53
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 4.41 4.41
up 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 4.17 4.15
new 6.18% GOI 2024 GOI Securities SOV 0.00 - 3.90 3.90
down 7.57% GOI 17/06/2033 GOI Securities SOV 3.67 - 8.48 3.67
down 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 5.52 3.25
equal 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 2.47 - 4.29 2.47
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 2.33 - 3.27 2.33
up 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 2.10 2.10
equal 7.59% GOI 2026 GOI Securities SOV 0.00 - 4.47 1.98
down 5.77% GOI 2030 GOI Securities SOV 0.00 - 3.53 1.63
equal 7.00% GOI 21/01/2021 GOI Securities SOV 0.00 - 1.47 1.33
equal 9.75% Jamnagar Utilities and Power 2024 Debenture AAA 1.33 - 2.16 1.33
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 5.56 1.32
equal Reserve Bank of India 91-D 22/10/2020 Treasury Bills SOV 0.00 - 1.44 1.32
equal National Bank Agr. Rur. Devp 18/02/2021 Certificate of Deposit A1+ 0.00 - 1.83 1.30
equal 9.10% India Grid Trust 2022 Debenture AAA 1.04 - 1.84 1.16
equal 9.15% ICICI Bank Debenture AA+ 0.00 - 1.27 1.14
equal 8.90% Bharti Telecom 17/02/2022 Non Convertible Debenture AA+ 0.00 - 1.48 1.14
equal 8.95% Jamnagar Utilities and Power 26/04/2023 Debenture AAA 1.13 - 1.86 1.13
equal 6.78% Mahindra & Mahindra 24/04/2023 Non Convertible Debenture AAA 0.00 - 1.53 1.06
new 6.65% Motherson Sumi Systems 14/09/2023 Non Convertible Debenture AAA 0.00 - 1.06 1.06
equal Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 1.15 1.05
equal 9.45% Tata Motors Finance Solutions 17/02/2023 Non Convertible Debenture AA- 0.00 - 1.63 1.03
equal 10.25% Sikka Ports and Terminals 22/08/2021 Debenture AAA 1.02 - 1.97 1.02
up 8.58% HDFC 18/03/2022 Debenture AAA 0.00 - 1.37 1.01

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Manish Banthia since 19-Nov-2009

Education: Mr. Banthia is B.Com, CA and MBA

Experience: He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.

Funds Managed:

Invest Now
0.00%

Change from previous, NAV as on 27-Oct-2020

Growth: ₹ 45.1706

Dividend Monthly: ₹ 12.2254

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Dividend Half Yearly: ₹ 13.2969

Dividend Fortnightly: ₹ 12.2890

Investment Strategy

The scheme seeks to generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 25-Oct-2001
Return Since Launch: 8.25%
Benchmark: CRISIL Short-Term Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 18,946 Cr (As on 30-Sep-2020)
Expense: 1.16% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly15-Oct-20200.1212

 30-Sep-20200.0271
 15-Sep-20200.0153
 14-Aug-20200.0159
 30-Jul-20200.0252
 15-Jul-20200.1512
 30-Jun-20200.1513
 15-Jun-20200.0285
 29-May-20200.1175
 15-May-20200.1258
 30-Apr-20200.1063
 27-Feb-20200.0158
 14-Feb-20200.0911
 30-Jan-20200.0364
 15-Jan-20200.0194
 30-Dec-20190.0389
 28-Nov-20190.0316
 15-Nov-20190.0412
 29-Oct-20190.0509
 15-Oct-20190.0352
 16-Sep-20190.0437
 29-Aug-20190.0316
 16-Aug-20190.0413
 30-Jul-20190.0182
 15-Jul-20190.0873
Dividend Monthly30-Sep-20200.0461

 31-Jul-20200.1536
 30-Jun-20200.1581
 29-May-20200.2387
 30-Apr-20200.1042
 27-Feb-20200.1001
 30-Jan-20200.0739
 30-Dec-20190.0382
 28-Nov-20190.0715
 29-Oct-20190.1146
 27-Sep-20190.0346
 29-Aug-20190.0717
 30-Jul-20190.1184
 27-Jun-20190.0359
 28-May-20190.1147
 26-Apr-20190.0371
 26-Mar-20190.1005
 26-Feb-20190.0346
 28-Jan-20190.0742
 28-Dec-20180.0765
 26-Nov-20180.0741
 26-Oct-20180.0717
 26-Sep-20180.0361
 27-Aug-20180.0372
 27-Jul-20180.0722
Dividend Half Yearly29-Sep-20201.0683

 26-Mar-20200.2234
 26-Sep-20190.4532
 28-Mar-20190.4439
 26-Sep-20180.0004
 26-Mar-20180.0004
 25-Sep-20170.0004
 23-Mar-20170.0004
 28-Sep-20160.0004
 23-Mar-20160.0004
 16-Sep-20150.0004

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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