ICICI Prudential Short Term Fund Growth - Latest NAV, Returns, Performance & Portfolio

ICICI Prudential Short Term

  • highlight8.51%
  • highlight0.01(0.02%)

Start your investment

Min amount: 1000

1.2 Lakhs
3.07 Lakhs
6.44 Lakhs

Fund Summarystar

PeriodReturns(per year)
10 Years7.93%
5 Years8.51%
3 Years7.87%
1 Year6.47%
6 Months3.7%
Fund Details
ISININF109K01654
RiskMedium Risk
Fund TypeShort Duration
NAV38.0719
Exit Load--

More about this fundstar

Top HoldingsWeightage
Axis Bank Limited4.42%
SANSAR TRUST NOV 20183.53%
National Bank For Agriculture And Rural Development3.48%
TATA MOTORS FINANCE LIMITED3.48%
Small Industries Development Bank Of India3.46%
Power Finance Corporation Ltd.2.84%
NRSS XXIX TRANSMISSION LIMITED2.79%
ONGC Mangalore Petrochemicals Limited2.78%
Reliance Ports And Terminals Limited2.74%
Reliance Utilities And Power Private Limited2.41%

About ICICI Prudential Short Term Fund

The ICICI Prudential Short Term Fund is an open-ended, short-term debt scheme. It seeks to generate short-term income and capital appreciation by investing in debt securities and money market instruments of varying maturities.

Pros & Cons of ICICI Prudential Short Term Fund

  1. The scheme primarily invests in debt and money market instruments in a manner that the Macaulay Duration of the portfolio is between 1 and 3 years. 2. As on September 30, 2018, the scheme is ranked 3 under CRISIL’s Short Duration Fund category.
  2. Further, it has generated returns of 8.45% per year over the last 5 years (as on January 04, 2018).

Fund Information and Statistics of ICICI Prudential Short Term Fund

i) Inception / Launch date

The scheme was launched on 25 October 2001 by ICICI Prudential Mutual Fund.

ii) Risk level

The scheme is suitable for investors seeking short-term income generation and capital appreciation and invests in debt and money market securities carrying a moderate risk level.

iii) Redemption

The minimum redemption amount is Rs. 500. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager

Mr. Manish Banthia is the Fund Manager of the ICICI Prudential Short Term Fund since November 2009.

v) Entry / Exit load

There is no entry load in this scheme. The exit load structure is as follows: 1. If the units are redeemed within 7 days from the date of allotment of the said units, then the exit load = 0.25% of the applicable 2. If the units are redeemed after 7 days from the date of allotment of the said units, then the exit load = Nil

Tax benefits of investing in ICICI Prudential Short Term Fund

The following taxes are applicable to income arising from investing in this scheme: 1. STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab. 2. LTCG component is taxed at 20% with indexation benefits.

About ICICI Mutual Fund

ICICI Prudential Balanced Advantage Fund is managed by ICICI Mutual Fund AMC, one of India’s largest Fund houses with a proven track record of delivering returns. The fund has been on the forefront of financial innovation leading to a well-diversified portfolio of around 47 mutual fund products, across equity and debt.

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Start your investment

Min amount: 1000

1.2 Lakhs
3.07 Lakhs
6.44 Lakhs
Need help?
Medium Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns