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 - Growth
★★★★★ monitor_heart Health Score: 69/100 · GoodICICI Prudential Mutual Fund · Debt · Ultra Short Duration
₹29.57
AUM: ₹14,352 Cr
NAV updated 2 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.41%
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
-0.09
Std Dev (1Y)
0.44%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.63%
3m
+1.68%
6m
+3.46%
1y
+6.56%
3y
+7.4%
5y
+6.68%
10y
+7.3%
since inception
+7.38%
rate_review TopFund's Take on ICICI Prudential Ultra Short Term Fund - Growth
ICICI Prudential Ultra Short Term Fund - Growth 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 0.41%, the expense ratio runs 37% above the Ultra Short Duration category average of 0.3%. 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 -0.09 — 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 0.44% is on the lower side, 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about ICICI Prudential Ultra Short Term Fund - Growth
The current NAV (Net Asset Value) of ICICI Prudential Ultra Short Term Fund - Growth is ₹29.57. NAV is updated every business day after market close by AMFI.
1Y: 6.56% · 3Y CAGR: 7.4% · 5Y CAGR: 6.68%
The expense ratio is 0.41% per annum — the annual fee deducted from your investment to cover fund management costs.
ICICI Prudential Ultra Short Term Fund - Growth is managed by Rajat Chandak, Manish Banthia, Ritesh Lunawat at ICICI Prudential Mutual Fund.
ICICI Prudential Ultra Short Term Fund - Growth is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
ICICI Prudential Ultra Short Term Fund - Growth is a Ultra Short Duration fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of ICICI Prudential Ultra Short Term Fund - Growth is ₹14,352 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.