1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Ultra Short Duration debt funds invest in bonds maturing in three to six months. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.13 | 0.01 | 0.04 | 0.24 | 0.94 | 2.52 | 6.19 | 7.38 | 7.78 | 8.76 | -- |
CCIL T Bill Liquidity Weight | 0.06 | 0.01 | 0.04 | 0.13 | 0.48 | 1.09 | 3.02 | 3.79 | 4.01 | 4.43 | -- |
Debt: Ultra Short Duration | 0.10 | 0.01 | 0.03 | 0.20 | 0.75 | 1.79 | 4.90 | 5.81 | 6.36 | 7.05 | -- |
Rank within category | 7 | 2 | 8 | 4 | 4 | 2 | 3 | -- | -- | -- | -- |
Number of funds in category | 28 | 28 | 28 | 28 | 28 | 27 | 26 | 15 | 15 | 14 | 12 |
As on 21-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
ICICI Prudential Ultra Short Term Fund | Invest Now | May-11 | 6.19 | 7.38 | 7.78 | 0.97 | 8,558 | |
Aditya Birla Sun Life Savings Fund | Invest Online | Nov-01 | 6.67 | 7.59 | 7.83 | 0.48 | 16,540 | |
SBI Magnum Ultra Short Duration Fund | Invest Online | May-99 | 5.59 | 7.14 | 7.12 | 0.49 | 14,272 | |
HDFC Ultra Short Term Fund - Regular Plan | Invest Online | Sep-18 | 6.19 | -- | -- | 0.64 | 14,228 | |
Kotak Savings Fund Regular Plan | Invest Online | Aug-04 | 5.54 | 6.94 | 7.12 | 0.76 | 12,428 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 3.28 (19-Aug-2013 - 26-Aug-2013) | -3.27 (12-Aug-2013 - 19-Aug-2013) |
Month | 3.97 (20-Aug-2013 - 19-Sep-2013) | -4.68 (19-Jul-2013 - 19-Aug-2013) |
Quarter | 6.57 (11-Mar-2014 - 10-Jun-2014) | -7.45 (20-May-2013 - 19-Aug-2013) |
Year | 16.25 (09-Apr-2014 - 09-Apr-2015) | 1.29 (17-Aug-2012 - 19-Aug-2013) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 7.24 | 0.73 | 3.39 | 4.89 | 0.51 | 2.97 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Ultra Short Duration | 5.88 | 1.60 | 1.75 | 3.34 | 1.14 | 2.23 |
Rank within category | 3 | 9 | 3 | 7 | 2 | 8 |
Number of funds in category | 17 | 17 | 17 | 17 | 17 | 17 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 122 | 130 | 76 | 39 |
Modified Duration (yrs) | 0.39 | 0.45 | 0.30 | 0.36 |
Average Maturity (yrs) | 0.46 | 0.53 | 0.35 | 0.39 |
Yield to Maturity (%) | 4.63 | 7.98 | 4.61 | 4.03 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Reserve Bank of India 91-D 07/01/2021 | Treasury Bills | SOV | 0.00 - 3.61 | 3.50 |
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8.15% REC 18/01/2021 | Bonds/Debentures | AAA | 0.00 - 3.95 | 3.40 |
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10.25% Sikka Ports and Terminals 22/08/2021 | Debenture | AAA | 0.00 - 2.86 | 2.45 |
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10.50% Manappuram Finance 27/09/2022 | Non Convertible Debenture | AA | 2.29 - 3.84 | 2.41 |
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Kribhco Fertilizers 29-D 22/01/2021 | Commercial Paper | A1+ | 0.00 - 2.33 | 2.33 |
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Reliance Industries 170-D 26/02/2021 | Commercial Paper | A1+ | 0.00 - 2.66 | 2.33 |
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6.22% HDFC 2021 | Debenture | AAA | 0.00 - 2.06 | 1.79 |
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Tata Value Homes 23/09/2022 | Non Convertible Debenture | AA | 1.68 - 2.88 | 1.77 |
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Motilal Oswal Home Finance 27/01/2024 | Non Convertible Debenture | AA | 1.67 - 2.87 | 1.75 |
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Tata Realty and Infrastructure 2021 | Debenture | AA | 0.00 - 1.72 | 1.72 |
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AU Small Finance Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 1.68 | 1.68 |
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7.50% Power Finance Corp. 16/08/2021 | Debenture | AAA | 0.00 - 1.87 | 1.61 |
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7.89% SIDBI 15/11/2022 | Non Convertible Debenture | AAA | 0.00 - 1.48 | 1.48 |
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8.25% Bharti Telecom 17/03/2021 | Debenture | AA+ | 0.00 - 2.41 | 1.47 |
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Bahadur Chand Investments 2024 | Zero Coupon Bonds | AA | 0.00 - 2.39 | 1.47 |
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Axis Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 1.44 | 1.44 |
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Tata Housing Devp. Co. 2023 | Zero Coupon Bonds | AA | 0.00 - 1.91 | 1.28 |
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11.50% Tata Steel | Debenture | AA- | 0.00 - 1.40 | 1.26 |
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Tata Realty and Infrastructure 18/11/2022 | Zero Coupon Bonds | AA | 1.14 - 1.89 | 1.25 |
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7.15% HDFC 16/09/2021 | Debenture | AAA | 0.00 - 1.20 | 1.20 |
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7.85% Tata Motors Finance Solutions 14/10/2022 | Non Convertible Debenture | AA- | 0.00 - 1.21 | 1.17 |
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National Bank Agr. Rur. Devp 164-D 01/02/2021 | Commercial Paper | A1+ | 0.00 - 1.42 | 1.17 |
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Indusind Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 3.45 | 1.16 |
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Jhajjar Power 41-D 09/02/2021 | Commercial Paper | A1+ | 0.00 - 1.16 | 1.16 |
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Indusind Bank 25/02/2021 | Certificate of Deposit | A1+ | 0.00 - 1.81 | 1.16 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Manish Banthia since 07-Nov-2016
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:
— Ritesh Lunawat since 05-Jun-2017
Education: Mr. Lunawat is B.Com and Chartered Accountant.
Experience: He has been Working with ICICI Prudential AMC Since September 2013.
Funds Managed:
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The scheme seeks to generate income through investments in a range of debt and money market instruments.
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 |
Fund House: | ICICI Prudential Mutual Fund |
Launch Date: | 03-May-2011 |
Return Since Launch: | 8.12% |
Benchmark: | NIFTY Ultra Short Duration Debt |
Riskometer: | Moderately High |
Type: | Open-ended |
Assets: | ₹ 8,558 Cr (As on 31-Dec-2020) |
Expense: | 0.97% (As on 31-Dec-2020) |
Risk Grade: | Average |
Return Grade: | Above Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 21-Jan-2021 | 0.0025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Fortnightly | 15-Jan-2021 | 0.0102 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 11-Jan-2021 | 0.0059 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Half Yearly | 28-Dec-2020 | 0.3005 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 28-Dec-2020 | 0.0300 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Quarterly | 28-Dec-2020 | 0.1393 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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