ICICI Prudential Short Term Fund

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Debt: Short Duration

Analysts' Choice?

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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Amount (₹)

Start date

End date

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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	9.08	0.08	0.23	1.24	1.50	6.47	10.84	8.19	8.45	8.87	8.72
CCIL T Bill Liquidity Weight	2.68	0.01	0.05	0.22	0.58	1.34	3.27	3.94	4.14	4.58	4.76
Debt: Short Duration	7.75	0.07	0.21	1.13	1.32	5.04	8.96	6.32	7.01	7.69	8.03
Rank within category	5	9	10	8	6	4	2	7	3	3	3
Number of funds in category	26	26	26	26	26	26	26	23	23	23	20

As on 20-Oct-2020

Peer Comparison

Fund name	Launch Date	1-Year Return	3-Year Return	5-Year Return	Expense Ratio	Assets (Cr)
ICICI Prudential Short Term Fund \| Invest Now	Oct-01	10.84	8.19	8.45	1.16	18,946
SBI Short Term Debt Fund	Jul-07	9.87	8.02	8.11	0.84	16,743
Kotak Bond - Short Term Regular Fund \| Invest Online	May-02	10.13	8.22	8.09	1.14	14,379
HDFC Short Term Debt Fund \| Invest Online	Jun-10	11.19	8.88	8.62	0.76	13,569
IDFC Bond Fund Short Term Plan - Regular Plan	Dec-00	10.08	8.35	8.12	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	2.72
Yield to Maturity (%)	5.83	7.58	5.61	5.54
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
6.79% GOI 15/05/2027	GOI Securities	SOV	0.00 - 4.41	4.41
6.19% GOI 16/09/2034	GOI Securities	SOV	0.00 - 4.17	4.15
6.18% GOI 2024	GOI Securities	SOV	0.00 - 3.90	3.90
7.57% GOI 17/06/2033	GOI Securities	SOV	3.67 - 8.48	3.67
7.32% GOI 28/01/2024	GOI Securities	SOV	0.00 - 5.52	3.25
7.99% LIC Housing Fin. 2029	Non Convertible Debenture	AAA	2.47 - 4.29	2.47
8.95% Pipeline Infrastructure 22/03/2024	Non Convertible Debenture	AAA	2.33 - 3.27	2.33
5.22% GOI 15/06/2025	GOI Securities	SOV	0.00 - 2.10	2.10
7.59% GOI 2026	GOI Securities	SOV	0.00 - 4.47	1.98
5.77% GOI 2030	GOI Securities	SOV	0.00 - 3.53	1.63
7.00% GOI 21/01/2021	GOI Securities	SOV	0.00 - 1.47	1.33
9.75% Jamnagar Utilities and Power 2024	Debenture	AAA	1.33 - 2.16	1.33
7.27% GOI 2026	GOI Securities	SOV	0.00 - 5.56	1.32
Reserve Bank of India 91-D 22/10/2020	Treasury Bills	SOV	0.00 - 1.44	1.32
National Bank Agr. Rur. Devp 18/02/2021	Certificate of Deposit	A1+	0.00 - 1.83	1.30
9.10% India Grid Trust 2022	Debenture	AAA	1.04 - 1.84	1.16
9.15% ICICI Bank	Debenture	AA+	0.00 - 1.27	1.14
8.90% Bharti Telecom 17/02/2022	Non Convertible Debenture	AA+	0.00 - 1.48	1.14
8.95% Jamnagar Utilities and Power 26/04/2023	Debenture	AAA	1.13 - 1.86	1.13
6.78% Mahindra & Mahindra 24/04/2023	Non Convertible Debenture	AAA	0.00 - 1.53	1.06
6.65% Motherson Sumi Systems 14/09/2023	Non Convertible Debenture	AAA	0.00 - 1.06	1.06
Reserve Bank of India 91-D 29/10/2020	Treasury Bills	SOV	0.00 - 1.15	1.05
9.45% Tata Motors Finance Solutions 17/02/2023	Non Convertible Debenture	AA-	0.00 - 1.63	1.03
10.25% Sikka Ports and Terminals 22/08/2021	Debenture	AAA	1.02 - 1.97	1.02
8.58% HDFC 18/03/2022	Debenture	AAA	0.00 - 1.37	1.01

Indicates an increase or decrease or no change in holding since last portfolio
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

0.08%

Change from previous, NAV as on 20-Oct-2020

Growth: ₹ 45.0577

Dividend Monthly: ₹ 12.1948

Dividend Half Yearly: ₹ 13.2637

Dividend Fortnightly: ₹ 12.2583

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

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

Exit Load

Fund House:	ICICI Prudential Mutual Fund
Launch Date:	25-Oct-2001
Return Since Launch:	8.25%
Benchmark:	CRISIL Short-Term Bond
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

Plan

Record Date

Dividend (₹ / Unit)

Dividend Fortnightly

15-Oct-2020

0.1212

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	30-Sep-2020	0.0271
	15-Sep-2020	0.0153
	14-Aug-2020	0.0159
	30-Jul-2020	0.0252
	15-Jul-2020	0.1512
	30-Jun-2020	0.1513
	15-Jun-2020	0.0285
	29-May-2020	0.1175
	15-May-2020	0.1258
	30-Apr-2020	0.1063
	27-Feb-2020	0.0158
	14-Feb-2020	0.0911
	30-Jan-2020	0.0364
	15-Jan-2020	0.0194
	30-Dec-2019	0.0389
	28-Nov-2019	0.0316
	15-Nov-2019	0.0412
	29-Oct-2019	0.0509
	15-Oct-2019	0.0352
	16-Sep-2019	0.0437
	29-Aug-2019	0.0316
	16-Aug-2019	0.0413
	30-Jul-2019	0.0182
	15-Jul-2019	0.0873

Dividend Monthly

30-Sep-2020

0.0461

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	31-Jul-2020	0.1536
	30-Jun-2020	0.1581
	29-May-2020	0.2387
	30-Apr-2020	0.1042
	27-Feb-2020	0.1001
	30-Jan-2020	0.0739
	30-Dec-2019	0.0382
	28-Nov-2019	0.0715
	29-Oct-2019	0.1146
	27-Sep-2019	0.0346
	29-Aug-2019	0.0717
	30-Jul-2019	0.1184
	27-Jun-2019	0.0359
	28-May-2019	0.1147
	26-Apr-2019	0.0371
	26-Mar-2019	0.1005
	26-Feb-2019	0.0346
	28-Jan-2019	0.0742
	28-Dec-2018	0.0765
	26-Nov-2018	0.0741
	26-Oct-2018	0.0717
	26-Sep-2018	0.0361
	27-Aug-2018	0.0372
	27-Jul-2018	0.0722

Dividend Half Yearly

29-Sep-2020

1.0683

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	26-Mar-2020	0.2234
	26-Sep-2019	0.4532
	28-Mar-2019	0.4439
	26-Sep-2018	0.0004
	26-Mar-2018	0.0004
	25-Sep-2017	0.0004
	23-Mar-2017	0.0004
	28-Sep-2016	0.0004
	23-Mar-2016	0.0004
	16-Sep-2015	0.0004

Fund News - 20-Dec-2018

Load change in Schemes of ICICI Prudential Mutual Fund
Fund News - 23-Sep-2016

ICICI Prudential Mutual Fund announced dividend under various schemes
Fund News - 03-May-2016

Revision of exit load under ICICI Prudential Short Term Plan
Fund News - 18-Mar-2016

Rs. 2.5 per unit dividend declared under ICICI Pru Value Discovery Fund
Fund News - 16-Oct-2015

ICICI Prudential Mutual Fund introduces Daily STP Facility

ICICI Prudential Short Term Fund

Analysts' Choice?

₹ 1.11 Lakh

₹ 1.27 Lakh

₹ 1.50 Lakh

₹ 1.81 Lakh

₹ 2.31 Lakh

₹ 3.46 Lakh

₹ 1.27 Lakh

₹ 4.16 Lakh

₹ 7.47 Lakh

₹ 11.44 Lakh

₹ 18.85 Lakh

₹ 35.99 Lakh

Trailing Returns (%)

Peer Comparison

Best & Worst Performance

Risk Measures (%)

Portfolio Aggregates

Value Research Fund Style

Credit Rating vis-à-vis Category

Top Holdings

Fund Manager

0.08%

Investment Strategy

Investment Details

Basic Details

Most Recent Dividends

News & Analysis

Contact Information

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