Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
ICICI Prudential Ultra Short Term Fund - Daily IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 69/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)7.43%
- Expense ratio (20%)0.4%
- AUM (15%)₹15,974 Cr
Not investment advice — an analytical read of public fund data. Methodology →
ICICI Prudential Mutual Fund · Debt · Ultra Short Duration
₹32.42
AUM: ₹15,973 Cr
NAV updated 14 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.4%
Exit Load
Nil
Fund Manager
Rajat Chandak, Manish Banthia, Ritesh Lunawat
Inception
Jan 2013
Benchmark
NIFTY Ultra Short Duration Debt Index A-I
Sharpe Ratio
-23.67
Std Dev (1Y)
0.28%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.56%
3m
+1.92%
6m
+3.59%
1y
+6.79%
3y
+7.43%
5y
+6.75%
10y
+7.23%
since inception
+0.1%
TopFund's Take on ICICI Prudential Ultra Short Term Fund - Daily IDCW
ICICI Prudential Ultra Short Term Fund - Daily IDCW holds up reasonably well within the Ultra Short Duration category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 69/100.
Cost: At 0.4%, the expense ratio runs 38% above the Ultra Short Duration category average of 0.29%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -23.67 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.28% is on the lower side for a Ultra Short Duration fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about ICICI Prudential Ultra Short Term Fund - Daily IDCW
The current NAV (Net Asset Value) of ICICI Prudential Ultra Short Term Fund - Daily IDCW is ₹32.42. NAV is updated every business day after market close by AMFI.
1Y: 6.79% · 3Y CAGR: 7.43% · 5Y CAGR: 6.75%
The expense ratio of ICICI Prudential Ultra Short Term Fund - Daily IDCW is 0.4% per annum. This is the annual fee charged by the fund to manage your investment.
ICICI Prudential Ultra Short Term Fund - Daily IDCW is managed by Rajat Chandak, Manish Banthia, Ritesh Lunawat at ICICI Prudential Mutual Fund.
ICICI Prudential Ultra Short Term Fund - Daily IDCW is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
ICICI Prudential Ultra Short Term Fund - Daily IDCW is a Ultra Short Duration fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in ICICI Prudential Ultra Short Term Fund - Daily IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of ICICI Prudential Ultra Short Term Fund - Daily IDCW is ₹15,974 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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