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ICICI Prudential Short Term Fund - Direct Plan download report


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 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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(₹)
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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
ICICI Pru Short Term Direct-G 0.58 -0.14 0.25 0.00 0.29 0.90 3.68 7.89 7.63 8.31 --
CCIL T Bill Liquidity Weight* 0.55 0.03 0.00 -0.04 0.32 0.83 1.91 2.81 3.35 3.75 --
Debt: Short Duration* 0.73 -0.06 0.12 -0.51 0.17 1.12 4.24 6.18 6.42 7.23 --
Rank within category* 3 29 4 1 2 5 6 1 1 1 --
Number of funds in category* 26 29 29 29 27 26 25 24 21 21 0

As on 13-May-2022

* As on 16-May-2022

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 3.68 7.89 7.63 0.37% 16,623
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.05 7.30 7.25 0.34% 15,113
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.21 7.51 7.36 0.29% 14,549
Axis Short Term Fund - Direct Plan
4 star
Jan-13 3.38 7.53 7.42 0.29% 10,086
Nippon India Short Term Fund - Direct Plan  | Invest Online
5 star
Jan-13 3.50 7.55 7.21 0.35% 8,160

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 3.56 07-May-2021 - 09-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
ICICI Pru Short Term Direct-G 7.85 1.83 2.36 5.76 1.68 5.45
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Short Duration 6.41 3.44 1.49 3.13 0.71 3.36
Rank within category 1 9 2 1 11 3
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-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 167 230 152 52
Modified Duration (yrs) 1.48 2.74 1.48 --
Average Maturity (yrs) 4.01 4.43 3.03 --
Yield to Maturity (%) 5.74 5.74 5.01 --
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
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 3.24 - 10.16 10.16
up 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 9.40 9.40
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 4.08 - 5.42 5.42
up 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 3.89 3.89
equal Vedanta 179-D 24/06/2022 Commercial Paper A1+ 0.00 - 3.43 3.43
up GOI 2028 GOI Securities SOV 0.00 - 3.26 3.26
equal 8.95% Pipeline Infrastructure 22/03/2024 Non Convertible Debenture AAA 2.00 - 2.61 2.61
equal Reliance Jio Infocomm 178-D 19/09/2022 Commercial Paper A1+ 0.00 - 1.48 1.48
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 1.04 - 1.37 1.37
equal 6.43% Godrej Industries 26/04/2024 Non Convertible Debenture AA 1.03 - 1.35 1.35
equal 9.10% India Grid Trust 2022 Debenture AAA 0.99 - 1.30 1.30
equal 8.95% Jamnagar Utilities and Power 26/04/2023 Debenture AAA 0.95 - 1.24 1.24
equal 6.58% L&T Metro Rail (Hyderabad) 30/04/2026 Non Convertible Debenture AAA 0.00 - 1.21 1.21
new HSBC 27/04/2027 Interest Rate Swap -- 0.00 - 1.20 1.20
equal 7.48% Tata Motors Finance Solutions 25/02/2025 Non Convertible Debenture AA- 0.00 - 1.19 1.19
equal Reserve Bank of India 182-D 22/09/2022 Treasury Bills SOV 0.00 - 1.18 1.18
equal TMF Holdings 2022 Debenture AA- 0.84 - 1.14 1.14
equal 9.75% Jamnagar Utilities and Power 2024 Debenture AAA 0.87 - 1.13 1.13
equal HDB Financial Services 21/06/2024 Non Convertible Debenture AAA 0.00 - 1.06 1.06
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.80 - 1.05 1.05
equal First Business Receivable Trust Securitised Debt AAA 0.01 - 0.30 0.98
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 0.71 - 0.93 0.93
equal 8.75% State Bank of India Additional Tier 1 Bond AA+ 0.71 - 0.93 0.93
equal 6.25% Embassy Office Parks REIT 18/10/2024 Debenture AAA 0.00 - 0.92 0.92
equal 7.25% Embassy Office Parks REIT 2023 Non Convertible Debenture AAA 0.69 - 0.91 0.91

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-Apr-2022

*As on 31-Mar-2022

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:


-0.14%

Change from previous, NAV as on 13-May-2022

Growth: ₹ 50.9126

IDCW Monthly: ₹ 12.6232

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IDCW Half Yearly: ₹ 13.3924

IDCW Fortnightly: ₹ 12.7756


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.63%
Benchmark: NIFTY Short Duration Debt Index B-II
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 16,623 Cr (As on 30-Apr-2022)
Expense: 0.37% (As on 31-Mar-2022)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Fortnightly29-Apr-20220.0265

 30-Mar-20220.0453
 15-Mar-20220.0002
 28-Feb-20220.0023
 15-Feb-20220.0458
 15-Dec-20210.0218
 30-Nov-20210.0207
 15-Nov-20210.0331
 29-Oct-20210.0170
 14-Oct-20210.0126
 30-Sep-20210.0234
 15-Sep-20210.0510
 30-Aug-20210.0566
 13-Aug-20210.0323
 30-Jul-20210.0337
 15-Jul-20210.0196
 15-Jun-20210.0386
 28-May-20210.0354
 14-May-20210.0392
 30-Apr-20210.0552
 15-Apr-20210.0411
 30-Mar-20210.0474
 29-Jan-20210.0070
 15-Jan-20210.0095
 30-Dec-20200.0358
IDCW Monthly29-Apr-20220.0185

 31-Mar-20220.0526
 28-Feb-20220.0424
 31-Jan-20220.0114
 31-Dec-20210.0153
 30-Nov-20210.0531
 29-Oct-20210.0293
 30-Sep-20210.0673
 31-Aug-20210.0943
 30-Jul-20210.0561
 30-Jun-20210.0419
 31-May-20210.0667
 30-Apr-20210.0884
 31-Mar-20210.0538
 29-Jan-20210.0138
 31-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
IDCW Half Yearly28-Mar-20220.1903

 27-Sep-20210.4619
 25-Mar-20210.3580
 29-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

Fax: 022-26528100

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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