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ICICI Prudential Short Term Fund

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Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame 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, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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cal

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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 0.43 0.05 0.14 0.62 2.14 4.18 9.60 7.00 7.96 8.38 8.18
CCIL T Bill Liquidity Weight 0.19 0.03 0.02 0.25 0.81 1.86 4.19 4.14 4.47 4.79 4.69
Debt: Short Duration 0.24 0.06 -0.05 0.41 1.30 2.76 4.59 5.30 6.50 7.25 7.50
Rank within category 14 19 5 7 4 9 4 7 3 4 2
Number of funds in category 29 29 29 29 29 29 28 26 26 25 19

As on 20-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
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 6.92 1.61 0.74 1.31 4.01 7.78
CCIL T Bill Liquidity Weight 4.08 0.26 -10.52 -- -- --
Debt: Short Duration 5.45 2.99 0.30 0.77 3.48 5.45
Rank within category 8 10 9 10 16 5
Number of funds in category 27 27 27 27 27 27

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 154 164 97 57
Modified Duration (yrs) 2.20 2.20 1.42 2.04
Average Maturity (yrs) 2.94 4.42 1.83 2.49
Yield to Maturity (%) 7.40 8.67 7.23 7.45

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 5.81 5.57
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 4.13 4.13
up 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 0.00 - 4.77 4.10
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 0.00 - 3.27 2.87
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 2.94 2.16
equal 9.66% Tata Motors Finance 20/03/2020 Bonds/NCDs AA- 0.00 - 2.62 2.03
equal 9.75% Jamnagar Utilities and Power 2024 Debenture AAA 0.34 - 2.85 1.92
up 9.10% India Grid Trust 2022 Debenture AAA 0.00 - 1.76 1.76
equal 10.25% Sikka Ports and Terminals 22/08/2021 Debenture AAA 1.74 - 2.74 1.74
up 7.59% GOI 2026 GOI Securities SOV 0.00 - 1.69 1.69
equal 8.95% Jamnagar Utilities and Power 26/04/2023 Debenture AAA 1.65 - 2.41 1.65
equal 7.60% Axis Bank 20/10/2023 Bonds/Debentures AAA 1.48 - 4.42 1.48
equal 8.35% Bharti Airtel 20/04/2021 Non Convertible Debenture AA 1.45 - 1.98 1.45
down 7.99% State Bank of India 28/06/2029 Non Convertible Debenture AAA 0.00 - 3.45 1.25
new 7.27% GOI 2026 GOI Securities SOV 0.00 - 1.46 1.24
new 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 1.24 1.24
equal 7.89% SIDBI 15/11/2022 Non Convertible Debenture AAA 0.00 - 1.79 1.24
equal 9.45% John Deere Financial India 2022 Non Convertible Debenture AAA 1.23 - 2.08 1.23
equal HUDCO 13/10/2022 Debenture AAA 0.00 - 1.56 1.22
equal TMF Holdings 2022 Debenture AA- 0.00 - 1.22 1.17
equal 2.00% Tata Steel 23/04/2022 Debenture AA 1.16 - 1.81 1.16
equal Walwhan Renewables Energy 31/01/2022 Debenture AA 1.08 - 1.60 1.12
equal 9.46% Tata Projects 29/04/2022 Non Convertible Debenture AA 1.04 - 1.74 1.04
equal 8.75% State Bank of India Non Convertible Debenture AA+ 0.00 - 1.30 1.03
equal Aditya Birla Fashion and Retail 2022 Debenture AA 0.00 - 1.06 1.02

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 31-Dec-2019

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
0.05%

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

Growth: ₹ 41.4840

Dividend Monthly: ₹ 12.1345

More

Dividend Half Yearly: ₹ 13.5117

Dividend Fortnightly: ₹ 12.3236

Bonus: ₹ 41.4840

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: 8.11%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 12,354 Cr (As on 31-Dec-2019)
Expense: 1.15% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly15-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
 27-Jun-20190.0158
 14-Jun-20190.0364
 30-May-20190.0728
 15-May-20190.0182
 30-Apr-20190.0182
 15-Apr-20190.0218
 28-Mar-20190.0315
 15-Mar-20190.0776
 27-Feb-20190.0146
 15-Feb-20190.0194
 30-Jan-20190.0182
 15-Jan-20190.0436
 28-Dec-20180.0363
 13-Dec-20180.0339
Dividend Monthly30-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
 27-Jun-20180.0336
 30-May-20180.0410
 26-Apr-20180.0412
 23-Mar-20180.0644
 23-Feb-20180.0233
 25-Jan-20180.0176
 24-Nov-20170.0158
Dividend Half Yearly26-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: 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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