How to Invest in ICICI Prudential Ultra Short Term Fund Direct Growth?

You can easily invest in ICICI Prudential Ultra Short Term Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for ICICI Prudential Ultra Short Term Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in ICICI Prudential Ultra Short Term Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ICICI Prudential Ultra Short Term Fund Direct Growth provide?

The ICICI Prudential Ultra Short Term Fund Direct Growth has been there from 10 Jan 2013 and the average annual returns provided by this fund is 7.40% since its inception.

How much expense ratio is charged by ICICI Prudential Ultra Short Term Fund Direct Growth?

The term Expense Ratio used for ICICI Prudential Ultra Short Term Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of ICICI Prudential Ultra Short Term Fund Direct Growth is 0.39% as of 04 Dec 2023...

What is the AUM of ICICI Prudential Ultra Short Term Fund Direct Growth?

The AUM, short for Assets Under Management of ICICI Prudential Ultra Short Term Fund Direct Growth is ₹12,413.25Cr as of 04 Dec 2023.

How to Redeem ICICI Prudential Ultra Short Term Fund Direct Growth?

If you want to sell your ICICI Prudential Ultra Short Term Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the NAV of ICICI Prudential Ultra Short Term Fund Direct Growth?

The NAV of ICICI Prudential Ultra Short Term Fund Direct Growth is ₹26.54 as of 01 Dec 2023.

What is the PE and PB ratio of ICICI Prudential Ultra Short Term Fund Direct Growth?

The PE ratio ratio of ICICI Prudential Ultra Short Term Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

ICICI Prudential Ultra Short Term Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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ICICI Prudential Ultra Short Term Fund Direct Growth
Debt
Ultra Short Duration
Moderate Risk
5.59%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹26.54
Min. SIP amount₹1,000
Rating5
Fund size₹12,413.25Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.4%5.6%6.7%8.1%
Category average6.6%4.8%5.4%NA
Rank with in category532NA
Understand terms
Holdings (108)NameSectorInstrumentAssets
Embassy Office Parks REIT
ConstructionDebenture4.0%
Reserve Bank of India
FinancialT-Bills3.1%
Small Industries Devp. Bank of India Ltd.
FinancialCP2.5%
LIC Housing Finance Ltd.
FinancialNCD2.4%
Axis Bank Ltd.
FinancialCD2.4%
National Bank For Agriculture & Rural Development
FinancialNCD2.2%
National Bank For Agriculture & Rural Development
FinancialDebenture2.1%
GOI
SovereignCGL2.0%
The Federal Bank Ltd.
FinancialCD2.0%
Small Industries Devp. Bank of India Ltd.
FinancialCD1.9%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.39%
23 Nov 2023 - 24 Nov 2023
0.39%
22 Nov 2023 - 23 Nov 2023
0.39%
21 Nov 2023 - 22 Nov 2023
0.39%
20 Nov 2023 - 21 Nov 2023
0.39%
19 Nov 2023 - 20 Nov 2023
0.39%
18 Nov 2023 - 19 Nov 2023
0.39%
17 Nov 2023 - 18 Nov 2023
0.39%
16 Nov 2023 - 17 Nov 2023
0.39%
15 Nov 2023 - 16 Nov 2023
0.39%
14 Nov 2023 - 15 Nov 2023
0.39%
13 Nov 2023 - 14 Nov 2023
0.39%
12 Nov 2023 - 13 Nov 2023
0.39%
11 Nov 2023 - 12 Nov 2023
0.39%
10 Nov 2023 - 11 Nov 2023
0.39%
09 Nov 2023 - 10 Nov 2023
0.39%
08 Nov 2023 - 09 Nov 2023
0.39%
07 Nov 2023 - 08 Nov 2023
0.39%
06 Nov 2023 - 07 Nov 2023
0.39%
05 Nov 2023 - 06 Nov 2023
0.39%
04 Nov 2023 - 05 Nov 2023
0.39%
03 Nov 2023 - 04 Nov 2023
0.39%
02 Nov 2023 - 03 Nov 2023
0.39%
01 Nov 2023 - 02 Nov 2023
0.39%
31 Oct 2023 - 01 Nov 2023
0.39%
30 Oct 2023 - 31 Oct 2023
0.39%
29 Oct 2023 - 30 Oct 2023
0.39%
28 Oct 2023 - 29 Oct 2023
0.39%
27 Oct 2023 - 28 Oct 2023
0.39%
26 Oct 2023 - 27 Oct 2023
0.39%
25 Oct 2023 - 26 Oct 2023
0.39%
24 Oct 2023 - 25 Oct 2023
0.39%
23 Oct 2023 - 24 Oct 2023
0.39%
22 Oct 2023 - 23 Oct 2023
0.39%
21 Oct 2023 - 22 Oct 2023
0.39%
20 Oct 2023 - 21 Oct 2023
0.39%
19 Oct 2023 - 20 Oct 2023
0.39%
18 Oct 2023 - 19 Oct 2023
0.39%
17 Oct 2023 - 18 Oct 2023
0.39%
16 Oct 2023 - 17 Oct 2023
0.39%
15 Oct 2023 - 16 Oct 2023
0.39%
14 Oct 2023 - 15 Oct 2023
0.39%
13 Oct 2023 - 14 Oct 2023
0.39%
12 Oct 2023 - 13 Oct 2023
0.39%
11 Oct 2023 - 12 Oct 2023
0.39%
10 Oct 2023 - 11 Oct 2023
0.39%
09 Oct 2023 - 10 Oct 2023
0.39%
08 Oct 2023 - 09 Oct 2023
0.39%
07 Oct 2023 - 08 Oct 2023
0.39%
06 Oct 2023 - 07 Oct 2023
0.39%
05 Oct 2023 - 06 Oct 2023
0.39%
04 Oct 2023 - 05 Oct 2023
0.39%
03 Oct 2023 - 04 Oct 2023
0.39%
02 Oct 2023 - 03 Oct 2023
0.39%
01 Oct 2023 - 02 Oct 2023
0.39%
30 Sep 2023 - 01 Oct 2023
0.39%
29 Sep 2023 - 30 Sep 2023
0.39%
28 Sep 2023 - 29 Sep 2023
0.39%
27 Sep 2023 - 28 Sep 2023
0.39%
26 Sep 2023 - 27 Sep 2023
0.39%
15 Sep 2023 - 26 Sep 2023
0.39%
14 Sep 2023 - 15 Sep 2023
0.39%
13 Sep 2023 - 14 Sep 2023
0.39%
12 Sep 2023 - 13 Sep 2023
0.39%
11 Sep 2023 - 12 Sep 2023
0.39%
10 Sep 2023 - 11 Sep 2023
0.39%
09 Sep 2023 - 10 Sep 2023
0.39%
08 Sep 2023 - 09 Sep 2023
0.39%
07 Sep 2023 - 08 Sep 2023
0.39%
06 Sep 2023 - 07 Sep 2023
0.39%
05 Sep 2023 - 06 Sep 2023
0.39%
04 Sep 2023 - 05 Sep 2023
0.39%
03 Sep 2023 - 04 Sep 2023
0.39%
02 Sep 2023 - 03 Sep 2023
0.39%
01 Sep 2023 - 02 Sep 2023
0.39%
31 Aug 2023 - 01 Sep 2023
0.39%
31 Jul 2023 - 31 Aug 2023
0.39%
30 Jun 2023 - 31 Jul 2023
0.39%
31 May 2023 - 30 Jun 2023
0.39%
30 Apr 2023 - 31 May 2023
0.39%
31 Mar 2023 - 30 Apr 2023
0.39%
28 Feb 2023 - 31 Mar 2023
0.39%
31 Jan 2023 - 28 Feb 2023
0.39%
31 Dec 2022 - 31 Jan 2023
0.39%
30 Nov 2022 - 31 Dec 2022
0.39%
30 Nov 2022 - 30 Nov 2022
0.39%
31 Oct 2022 - 30 Nov 2022
0.39%
31 Oct 2022 - 31 Oct 2022
0.39%
31 Oct 2022 - 31 Oct 2022
0.39%
30 Sep 2022 - 31 Oct 2022
0.39%
30 Sep 2022 - 30 Sep 2022
0.39%
30 Sep 2022 - 30 Sep 2022
0.39%
31 Aug 2022 - 30 Sep 2022
0.39%
31 Aug 2022 - 31 Aug 2022
0.39%
31 Jul 2022 - 31 Aug 2022
0.39%
31 Jul 2022 - 31 Jul 2022
0.39%
30 Jun 2022 - 31 Jul 2022
0.39%
30 Jun 2022 - 30 Jun 2022
0.39%
31 May 2022 - 30 Jun 2022
0.39%
31 May 2022 - 31 May 2022
0.39%
30 Apr 2022 - 31 May 2022
0.39%
30 Apr 2022 - 30 Apr 2022
0.39%
31 Mar 2022 - 30 Apr 2022
0.39%
31 Mar 2022 - 31 Mar 2022
0.39%
28 Feb 2022 - 31 Mar 2022
0.39%
28 Feb 2022 - 28 Feb 2022
0.39%
31 Jan 2022 - 28 Feb 2022
0.39%
31 Dec 2021 - 31 Jan 2022
0.39%
30 Nov 2021 - 31 Dec 2021
0.39%
31 Oct 2021 - 30 Nov 2021
0.39%
30 Sep 2021 - 31 Oct 2021
0.39%
31 Aug 2021 - 30 Sep 2021
0.39%
31 Jul 2021 - 31 Aug 2021
0.39%
30 Jun 2021 - 31 Jul 2021
0.39%
31 May 2021 - 30 Jun 2021
0.39%
30 Apr 2021 - 31 May 2021
0.39%
31 Mar 2021 - 30 Apr 2021
0.39%
28 Feb 2021 - 31 Mar 2021
0.39%
31 Jan 2021 - 28 Feb 2021
0.39%
31 Dec 2020 - 31 Jan 2021
0.39%
30 Nov 2020 - 31 Dec 2020
0.39%
31 Oct 2020 - 30 Nov 2020
0.39%
30 Sep 2020 - 31 Oct 2020
0.39%
31 Aug 2020 - 30 Sep 2020
0.39%
31 Jul 2020 - 31 Aug 2020
0.39%
30 Jun 2020 - 31 Jul 2020
0.39%
31 May 2020 - 30 Jun 2020
0.39%
31 Mar 2020 - 31 May 2020
0.39%
29 Feb 2020 - 31 Mar 2020
0.45%
31 Jan 2020 - 29 Feb 2020
0.35%
31 Dec 2019 - 31 Jan 2020
0.35%
30 Nov 2019 - 31 Dec 2019
0.40%
31 Oct 2019 - 30 Nov 2019
0.40%
30 Sep 2019 - 31 Oct 2019
0.40%
31 Aug 2019 - 30 Sep 2019
0.40%
31 Jul 2019 - 31 Aug 2019
0.40%
30 Jun 2019 - 31 Jul 2019
0.40%
31 May 2019 - 30 Jun 2019
0.40%
30 Apr 2019 - 31 May 2019
0.40%
31 Mar 2019 - 30 Apr 2019
0.24%
28 Feb 2019 - 31 Mar 2019
0.24%
31 Jan 2019 - 28 Feb 2019
0.47%
31 Dec 2018 - 31 Jan 2019
0.48%
30 Nov 2018 - 31 Dec 2018
0.48%
31 Oct 2018 - 30 Nov 2018
0.48%
30 Sep 2018 - 31 Oct 2018
0.48%
31 Aug 2018 - 30 Sep 2018
0.48%
31 Jul 2018 - 31 Aug 2018
0.65%
30 Jun 2018 - 31 Jul 2018
0.65%
31 May 2018 - 30 Jun 2018
0.65%
30 Apr 2018 - 31 May 2018
0.56%
31 Mar 2018 - 30 Apr 2018
0.56%
28 Feb 2018 - 31 Mar 2018
0.72%
31 Jan 2018 - 28 Feb 2018
0.77%
31 Dec 2017 - 31 Jan 2018
0.77%
30 Nov 2017 - 31 Dec 2017
0.78%
31 Oct 2017 - 30 Nov 2017
0.88%
Expense ratio, exit load and taxExpense ratio: 0.39%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementManish Banthia
Nov 2016 - Present
View details
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.
Also manages these schemes
ICICI Prudential Liquid Fund Direct Plan Growth
ICICI Prudential Money Market Direct Growth
ICICI Prudential Equity & Debt Fund Direct Growth
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth
ICICI Prudential Equity Arbitrage Direct Growth
ICICI Prudential Balanced Advantage Direct Growth
ICICI Prudential Savings Fund Direct Plan Growth
ICICI Prudential Child Care Gift Fund Direct Plan
ICICI Prudential All Seasons Bond Fund Direct Plan Growth
ICICI Prudential Regular Savings Fund Direct Growth
ICICI Prudential Bond Fund Direct Plan Growth
ICICI Prudential Medium Term Bond Fund Direct Plan Growth
ICICI Prudential Ultra Short Term Fund Direct Growth
ICICI Prudential Asset Allocator Fund (FOF) Direct Growth
ICICI Prudential Regular Gold Savings (FOF) Direct Growth
ICICI Prudential Thematic Advantage Fund (FOF)Direct Growth
ICICI Prudential Debt Management Fund (FOF) Direct Plan Growth
ICICI Prudential Credit Risk Fund Direct Plan Growth
ICICI Prudential Long Term Bond Fund Direct Plan Growth
ICICI Prudential Short Term Fund Direct Plan Growth
ICICI Prudential Equity Savings Fund Direct Growth
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth
ICICI Prudential Retirement Fund Hybrid Conservative Plan Direct Growth
ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct Growth
ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Passive Multi Asset FoF Direct Growth
ICICI Prudential Silver ETF FoF Direct Growth
Ritesh Lunawat
Jun 2017 - Present
View details
Education
Mr. Lunawat is B.Com and Chartered Accountant.
Experience
He has been Working with ICICI Prudential AMC Since September 2013.
Also manages these schemes
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth
ICICI Prudential Balanced Advantage Direct Growth
ICICI Prudential Child Care Gift Fund Direct Plan
ICICI Prudential Regular Savings Fund Direct Growth
ICICI Prudential Medium Term Bond Fund Direct Plan Growth
ICICI Prudential Ultra Short Term Fund Direct Growth
ICICI Prudential Asset Allocator Fund (FOF) Direct Growth
ICICI Prudential Thematic Advantage Fund (FOF)Direct Growth
ICICI Prudential Debt Management Fund (FOF) Direct Plan Growth
ICICI Prudential Credit Risk Fund Direct Plan Growth
ICICI Prudential Equity Savings Fund Direct Growth
ICICI Prudential Passive Multi Asset FoF Direct Growth
Fund house & investment objective
ICICI Prudential Mutual Fund
Rank (total assets)#3 in India
Total AUM₹4,70,643.89Cr
Date of Incorporation12 Oct 1993
 ICICI Prudential Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Rajat Chandak, Manish Banthia, Ritesh Lunawat is the Current Fund Manager of ICICI Prudential Ultra Short Term Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,70,644 Cr and the Latest NAV as of 01 Dec 2023 is ₹26.54.
The ICICI Prudential Ultra Short Term Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000.
;
Investment ObjectiveThe scheme seeks to generate income through investments in a range of debt and money market instruments.
;
Fund benchmarkCRISIL Ultra Short Duration Debt B-I Index
Scheme Information Document(SID)
Fund house contact details
Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
E-mail
[email protected]
Website
www.icicipruamc.com
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
ICICI Prudential Ultra Short Term Fund Direct Growth
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	7.4%	5.6%	6.7%	8.1%
Category average	6.6%	4.8%	5.4%	NA
Rank with in category	5	3	2	NA

Name	Sector	Instrument	Assets
Embassy Office Parks REIT	Construction	Debenture	4.0%
Reserve Bank of India	Financial	T-Bills	3.1%
Small Industries Devp. Bank of India Ltd.	Financial	CP	2.5%
LIC Housing Finance Ltd.	Financial	NCD	2.4%
Axis Bank Ltd.	Financial	CD	2.4%
National Bank For Agriculture & Rural Development	Financial	NCD	2.2%
National Bank For Agriculture & Rural Development	Financial	Debenture	2.1%
GOI	Sovereign	CGL	2.0%
The Federal Bank Ltd.	Financial	CD	2.0%
Small Industries Devp. Bank of India Ltd.	Financial	CD	1.9%

Rank (total assets)	#3 in India
Total AUM	₹4,70,643.89Cr

Date of Incorporation	12 Oct 1993

Fund benchmark	CRISIL Ultra Short Duration Debt B-I Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	5
Fund size	₹12,413.25Cr

ICICI Prudential Ultra Short Term Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (108)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.39%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Manish BanthiaNov 2016 - PresentView details

Ritesh LunawatJun 2017 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Manish Banthia
Nov 2016 - Present
View details

Ritesh Lunawat
Jun 2017 - Present
View details