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ICICI Prudential Short Term Fund - Direct Plan

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Debt: Short Duration

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1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 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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(₹)
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 0.09 0.01 0.04 0.26 1.41 3.45 10.72 9.43 9.34 9.61 --
CCIL T Bill Liquidity Weight 0.08 0.00 0.02 0.10 0.45 1.07 2.95 3.77 4.01 4.43 --
Debt: Short Duration -0.14 0.02 0.03 0.02 1.00 2.71 8.80 7.19 7.64 8.27 --
Rank within category 1 17 11 1 1 2 2 1 1 1 --
Number of funds in category 26 26 26 26 26 26 26 23 23 23 0

As on 27-Jan-2021

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 - Direct Plan  | Invest Now
5 star
 Jan-13 10.72 9.43 9.34 0.40 23,696
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
5 star
 Jan-13 9.89 9.31 8.96 0.34 19,644
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
 Jan-13 10.50 9.29 8.78 0.24 17,928
Axis Short Term Fund - Direct Plan
5 star
 Jan-13 10.00 9.27 8.94 0.30 14,992
IDFC Bond Fund Short Term Plan - Direct Plan
4 star
 Jan-13 9.13 8.93 8.48 0.28 14,042

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.29 (24-Mar-2020 - 31-Mar-2020) -1.70 (12-Mar-2020 - 19-Mar-2020)
Month 3.30 (24-Mar-2020 - 23-Apr-2020) -2.17 (15-Jul-2013 - 14-Aug-2013)
Quarter 6.19 (26-Mar-2020 - 25-Jun-2020) -3.13 (20-May-2013 - 19-Aug-2013)
Year 13.21 (26-Nov-2015 - 25-Nov-2016) 4.41 (11-Sep-2017 - 11-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.19 1.86 2.37 4.78 0.84 5.24
CCIL T Bill Liquidity Weight 3.78 0.34 -2.89 -5.80 -- --
Debt: Short Duration 7.25 3.45 1.45 2.75 0.57 3.04
Rank within category 1 12 4 4 10 9
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 31-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 192 215 153 66
Modified Duration (yrs) 2.02 2.85 2.02 2.15
Average Maturity (yrs) 3.06 4.05 3.01 2.64
Yield to Maturity (%) 4.91 7.58 4.91 4.91
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
down 5.77% GOI 2030 GOI Securities SOV 0.00 - 5.30 4.89
up 6.22% GOI 16/03/2035 GOI Securities SOV 0.00 - 2.90 2.90
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 4.41 2.29
new 7.94% GOI 24/05/2021 Central Government Loan SOV 0.00 - 2.15 2.15
new National Housing Bank 160-D 20/05/2021 Commercial Paper A1+ 0.00 - 2.08 2.08
new HDFC 162-D 28/05/2021 Commercial Paper A1+ 0.00 - 2.08 2.08
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 1.91 - 3.12 1.91
down 6.18% GOI 2024 GOI Securities SOV 0.00 - 3.90 1.90
equal Reserve Bank of India 91-D 07/01/2021 Treasury Bills SOV 0.00 - 1.90 1.69
up 6.51% GOI 2024 GOI Securities SOV 0.00 - 1.67 1.67
down 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 4.17 1.66
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 1.61 1.61
equal 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 1.39 - 4.29 1.39
equal 7.73% State Bank of India Debenture AA+ 0.00 - 1.39 1.36
equal 9.75% Jamnagar Utilities and Power 2024 Debenture AAA 1.08 - 1.97 1.08
equal 7.00% GOI 21/01/2021 GOI Securities SOV 0.00 - 1.47 1.06
equal National Bank Agr. Rur. Devp 18/02/2021 Certificate of Deposit A1+ 0.00 - 1.83 1.05
up 9.15% ICICI Bank Debenture AA+ 0.00 - 1.27 0.98
equal 6.43% Godrej Industries 26/04/2024 Non Convertible Debenture AA 0.00 - 1.07 0.95
equal 9.10% India Grid Trust 2022 Debenture AAA 0.94 - 1.84 0.94
equal 8.95% Jamnagar Utilities and Power 26/04/2023 Debenture AAA 0.91 - 1.71 0.91
equal 8.90% Bharti Telecom 17/02/2022 Non Convertible Debenture AA+ 0.00 - 1.48 0.90
equal 6.65% Motherson Sumi Systems 14/09/2023 Non Convertible Debenture AAA 0.00 - 1.06 0.86
equal 9.45% Tata Motors Finance Solutions 17/02/2023 Non Convertible Debenture AA- 0.00 - 1.63 0.84
equal 8.58% HDFC 18/03/2022 Debenture AAA 0.61 - 1.37 0.82

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-2020

Fund Manager

— Manish Banthia since 01-Jan-2013

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:

— Nikhil Kabra since 28-Dec-2020

Education: Mr. Kabra is a B.Com and Chartered Accountant.

Experience: Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.

Funds Managed:

Invest Now
0.01%

Change from previous, NAV as on 27-Jan-2021

Growth: ₹ 48.4045

Dividend Monthly: ₹ 12.6859

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Dividend Half Yearly: ₹ 13.7155

Dividend Fortnightly: ₹ 12.8321

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 (₹) 1
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.39%
Benchmark: CRISIL Short-Term Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 23,696 Cr (As on 31-Dec-2020)
Expense: 0.40% (As on 31-Dec-2020)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Fortnightly15-Jan-20210.0095

 30-Dec-20200.0358
 15-Dec-20200.0265
 27-Nov-20200.0521
 17-Nov-20200.0540
 29-Oct-20200.0466
 15-Oct-20200.1310
 30-Sep-20200.0325
 15-Sep-20200.0245
 14-Aug-20200.0206
 30-Jul-20200.0264
 15-Jul-20200.1583
 30-Jun-20200.1583
 15-Jun-20200.0299
 29-May-20200.1229
 15-May-20200.1316
 30-Apr-20200.1110
 27-Feb-20200.0165
 14-Feb-20200.0951
 30-Jan-20200.0380
 15-Jan-20200.0202
 30-Dec-20190.0405
 28-Nov-20190.0329
 15-Nov-20190.0429
 29-Oct-20190.0531
Dividend Monthly31-Dec-20200.0640

 27-Nov-20200.1051
 29-Oct-20200.1761
 30-Sep-20200.0646
 31-Jul-20200.1612
 30-Jun-20200.1659
 29-May-20200.2503
 30-Apr-20200.1092
 27-Feb-20200.1047
 30-Jan-20200.0773
 30-Dec-20190.0399
 28-Nov-20190.0747
 29-Oct-20190.1196
 27-Sep-20190.0362
 29-Aug-20190.0748
 30-Jul-20190.1234
 27-Jun-20190.0373
 28-May-20190.1194
 26-Apr-20190.0385
 26-Mar-20190.1044
 26-Feb-20190.0360
 28-Jan-20190.0770
 28-Dec-20180.0794
 26-Nov-20180.0769
 26-Oct-20180.0744
Dividend Half Yearly29-Sep-20201.1406

 26-Mar-20200.2623
 26-Sep-20190.4958
 28-Mar-20190.4875
 26-Sep-20180.2274
 26-Mar-20180.2050
 25-Sep-20170.0004
 23-Mar-20170.0004
 28-Sep-20160.0004
 23-Mar-20160.0004
 16-Sep-20150.0004
 24-Mar-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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