VR Logo

ICICI Prudential Ultra Short Term Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Analyst's Choice?

Suitability:

Ultra Short Duration debt funds invest in bonds maturing in 3 to 6 months' time. 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 is negligible but they do not guarantee returns or safety of capital.

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 3 months maturity, from the one that invests in bonds maturing in 3-6 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 the next one year in a Liquid fund.

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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.57 0.07 0.18 0.68 2.06 4.32 9.00 8.20 9.19 9.19 --
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 4.78 --
Debt: Ultra Short Duration 0.27 0.02 0.13 0.38 1.33 3.38 7.02 6.66 7.47 8.29 --
Rank within category 2 1 2 2 2 3 2 -- -- -- --
Number of funds in category 28 28 28 28 27 26 24 17 17 15 0

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.30 (19-Aug-2013 - 26-Aug-2013) -3.26 (12-Aug-2013 - 19-Aug-2013)
Month 4.03 (20-Aug-2013 - 19-Sep-2013) -4.62 (19-Jul-2013 - 19-Aug-2013)
Quarter 6.55 (11-Mar-2014 - 10-Jun-2014) -7.27 (20-May-2013 - 19-Aug-2013)
Year 16.72 (09-Apr-2014 - 09-Apr-2015) 2.46 (17-May-2013 - 19-May-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.00 0.61 3.72 6.34 1.33 4.46
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Ultra Short Duration 6.73 1.54 2.18 4.45 1.44 3.37
Rank within category 3 10 4 9 11 5
Number of funds in category 19 19 19 19 19 19

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 96 96 45 40
Modified Duration (yrs) 0.41 0.43 0.36 0.36
Average Maturity (yrs) 0.47 0.63 0.40 0.44
Yield to Maturity (%) 7.64 8.91 7.47 6.22

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.18% National Bank Agr. Rur. Devp 2020 Bonds/NCDs AAA 0.00 - 5.63 3.72
equal 8.57% NUVOCO Vistas Corp. 14/09/2020 Debenture AA 0.00 - 3.75 2.90
equal 10.50% Manappuram Finance 27/09/2022 Non Convertible Debenture AA 0.00 - 3.63 2.81
equal 8.40% JSW Energy 18/09/2020 Non Convertible Debenture AA- 0.00 - 2.93 2.80
equal 8.75% Nabha Power 28/02/2020 Debenture AAA 0.00 - 2.77 2.32
equal 9.80% Ashoka Buildcon 30/04/2021 Non Convertible Debenture AA- 2.11 - 3.88 2.11
equal Tata Value Homes 23/09/2022 Non Convertible Debenture AA 0.00 - 2.72 2.10
equal Bahadur Chand Investments 16/01/2024 Floating Rate Debenture AA 2.10 - 3.87 2.10
equal Motilal Oswal Home Finance 27/01/2024 Non Convertible Debenture AA 2.10 - 3.87 2.10
equal Writers and Publishers 30/04/2022 Non Convertible Debenture AA- 2.05 - 5.05 2.05
equal AU Small Finance Bank 2020 Certificate of Deposit A1+ 0.00 - 2.06 1.98
equal 8.53% TRIL IT4 24/04/2020 Debenture A+ 1.83 - 2.56 1.93
equal 8.25% Bharti Airtel 20/04/2020 Non Convertible Debenture AA 0.00 - 2.59 1.75
equal Samvardhana Motherson international 15/03/2020 Zero Coupon Bonds AA 1.72 - 2.89 1.72
equal 8.75% Muthoot Finance 24/06/2020 Debenture AA 0.00 - 2.48 1.69
equal Tata Motors 329-D 25/09/2020 Commercial Paper A1+ 0.00 - 1.73 1.67
equal Bharti Telecom 19/02/2020 Debenture AA+ 0.00 - 2.70 1.63
equal Adarsh Advisory Services Pvt. 2021 Zero Coupon Bonds A 1.55 - 2.60 1.55
equal Reliance Retail Ltd. 21/06/2020 Non Convertible Debenture AAA 0.00 - 1.95 1.55
equal 7.78% HDFC 24/03/2020 Debenture AAA 0.00 - 2.29 1.55
equal 8.85% Tata Capital Housing Finance 17/08/2020 Non Convertible Debenture AAA 0.00 - 1.48 1.41
equal 8.29% Century Textiles & Inds. 15/04/2020 Bonds AA 0.00 - 1.47 1.41
new Tata Housing Devp. Co. 26/12/2022 Zero Coupon Bonds AA 0.00 - 1.40 1.40
new Clix Capital Services 27/05/2021 Non Convertible Debenture AA- 0.00 - 1.40 1.40
equal HDFC 352-D 27/02/2020 Commercial Paper A1+ 0.00 - 2.04 1.39

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 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.


0.07%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 21.2220

Dividend Weekly: ₹ 10.0873

More

Dividend Quarterly: ₹ 10.9105

Dividend Monthly: ₹ 10.8489

Dividend Half Yearly: ₹ 10.6262

Dividend Fortnightly: ₹ 10.1051

Dividend Daily: ₹ 10.0599

Bonus: ₹ 15.8561


Investment Strategy

The scheme seeks to generate income through investments in a range of debt and money market instruments.

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: 01-Jan-2013
Return Since Launch: 9.21%
Benchmark: NIFTY Ultra Short Duration Debt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 7,136 Cr (As on 31-Dec-2019)
Expense: 0.35% (As on 31-Dec-2019)
Risk Grade: Low
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily24-Jan-20200.0034

 22-Jan-20200.0001
 20-Jan-20200.0046
 17-Jan-20200.0017
 16-Jan-20200.0010
 15-Jan-20200.0031
 13-Jan-20200.0046
 10-Jan-20200.0016
 09-Jan-20200.0015
 08-Jan-20200.0015
 07-Jan-20200.0005
 06-Jan-20200.0046
 03-Jan-20200.0016
 02-Jan-20200.0007
 01-Jan-20200.0000
 31-Dec-20190.0025
 30-Dec-20190.0045
 27-Dec-20190.0016
 26-Dec-20190.0035
 24-Dec-20190.0022
 23-Dec-20190.0048
 20-Dec-20190.0076
 19-Dec-20190.0016
 18-Dec-20190.0019
 17-Dec-20190.0011
Dividend Weekly20-Jan-20200.0098

 13-Jan-20200.0117
 06-Jan-20200.0130
 30-Dec-20190.0050
 16-Dec-20190.0118
 09-Dec-20190.0060
 02-Dec-20190.0096
 25-Nov-20190.0120
 18-Nov-20190.0142
 11-Nov-20190.0081
 04-Nov-20190.0091
 29-Oct-20190.0104
 22-Oct-20190.0136
 14-Oct-20190.0122
 07-Oct-20190.0164
 30-Sep-20190.0116
 23-Sep-20190.0043
 16-Sep-20190.0100
 09-Sep-20190.0068
 03-Sep-20190.0136
 26-Aug-20190.0098
 19-Aug-20190.0084
 13-Aug-20190.0127
 05-Aug-20190.0128
 29-Jul-20190.0097
Dividend Fortnightly15-Jan-20200.0261

 30-Dec-20190.0187
 16-Dec-20190.0251
 28-Nov-20190.0120
 15-Nov-20190.0166
 29-Oct-20190.0210
 15-Oct-20190.0373
 27-Sep-20190.0071
 16-Sep-20190.0279
 29-Aug-20190.0196
 16-Aug-20190.0256
 30-Jul-20190.0241
 15-Jul-20190.0293
 27-Jun-20190.0200
 14-Jun-20190.0236
 30-May-20190.0328
 15-May-20190.0263
 30-Apr-20190.0161
 15-Apr-20190.0339
 28-Mar-20190.0194
 15-Mar-20190.0336
 27-Feb-20190.0149
 15-Feb-20190.0272
 30-Jan-20190.0226
 15-Jan-20190.0336
Dividend Half Yearly26-Dec-20190.3288

 26-Jun-20190.3203
 28-Dec-20180.3066
 27-Jun-20180.2655
 27-Dec-20170.2461
 28-Jun-20170.3226
 28-Dec-20160.4226
 28-Jun-20160.3793
 28-Dec-20150.2862
Dividend Monthly26-Dec-20190.0460

 26-Nov-20190.0609
 25-Oct-20190.0639
 26-Sep-20190.0443
 26-Aug-20190.0614
 26-Jul-20190.0604
 27-Jun-20190.0499
 29-May-20190.0625
 30-Apr-20190.0618
 26-Mar-20190.0546
 26-Feb-20190.0467
 29-Jan-20190.0590
 28-Dec-20180.0710
 26-Nov-20180.0614
 26-Oct-20180.0638
 26-Sep-20180.0319
 27-Aug-20180.0661
 27-Jul-20180.0640
 27-Jun-20180.0298
 30-May-20180.0362
 26-Apr-20180.0362
 23-Mar-20180.0298
 23-Feb-20180.0308
 25-Jan-20180.0307
 27-Dec-20170.0350
Dividend Quarterly26-Dec-20190.1637

 26-Sep-20190.1646
 26-Jun-20190.1600
 28-Mar-20190.1521
 28-Dec-20180.1776
 26-Sep-20180.1348
 26-Jun-20180.1090
 27-Mar-20180.1412
 27-Dec-20170.0973
 27-Sep-20170.1446
 30-Jun-20170.1477
 31-Mar-20170.1582
 29-Dec-20160.1761
 29-Sep-20160.2304
 29-Jun-20160.1667
 29-Mar-20160.1779
 29-Dec-20150.1699
 28-Sep-20150.1904
 26-Jun-20150.1674
 26-Mar-20150.1683
 26-Dec-20140.1857
 26-Sep-20140.1591
 26-Jun-20140.4853

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

Upcoming Video

Investors' Hangout

How worrisome is the slowdown

dateFriday, 31-Jan-2020
time12:30 PM - 01:00 PM