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

ICICI Prudential Short Term

  • highlight8.48%
  • highlight0.01(0.03%)

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Min amount: 1000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.42 Lakhs in a period of 25 years

Fund Summarystar

PeriodReturns(per year)
10 Years7.82%
5 Years8.48%
3 Years7.37%
1 Year6.71%
6 Months4.7%
Fund Details
ISININF109K01654
RiskModerate Risk
Fund TypeShort Duration
NAV38.6732
Exit Load--

More about this fundstar

Top HoldingsWeightage
TATA MOTORS FINANCE LIMITED3.32%
SANSAR TRUST NOV 20183.01%
Axis Bank Limited2.79%
Power Finance Corporation Ltd.2.72%
NRSS XXIX TRANSMISSION LIMITED2.65%
Reliance Ports And Terminals Limited2.63%
Reliance Utilities And Power Private Limited2.31%
Power Finance Corporation Ltd.2.26%
Housing And Urban Development Corporation Ltd.2.02%
INDIA INFRASTRUCTURE TRUST2%

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

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.42 Lakhs in a period of 25 years
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Moderate 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