ICICI Prudential Ultra Short Term Fund Direct IDCW NAV today
AMFI: 120677ISIN: INF109K01T38MUTF_IN: ICIC_PRU_ULTR_1PMFZ2EICICI Prudential Mutual FundUltra Short Duration funds
NAV ₹10.7945
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹15,236 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.40%15 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- None
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 7.34%30 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- ModerateAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 12030 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 3 May 2011
ICICI Prudential Ultra Short Term Fund returns
Read from the direct plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −0.06% | – | – | – | – |
| 1 month | +0.22% | – | 22 of 26 | +0.26% | +0.2% to +0.3% |
| 3 months | +1.39% | – | 20 of 25 | +1.42% | +1.4% to +1.5% |
| 6 months | +3.09% | – | 12 of 25 | +3.08% | +3.0% to +3.2% |
| 1 year | +6.35% | +6.67%to 30 Sep 2026 | 10 of 25 | +6.33% | +6.2% to +6.4% |
| 3 years | +7.29% | +7.20%to 30 Sep 2026 | 6 of 24 | +7.15% | +7.0% to +7.3% |
| 5 years | +6.75% | +6.59%to 30 Sep 2026 | 5 of 24 | +6.59% | +6.4% to +6.7% |
| 10 years | +7.13% | +6.53%to 30 Sep 2026 | 1 of 11 | +6.51% | +6.2% to +6.7% |
₹10,000 put in on 9 Jan 2013 is ₹28,519 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: NIFTY Ultra Short Duration Debt Index A-I, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Ultra Short Term Fun funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 7 days yearly rate | +4.01% | +4.30% |
| 15 days yearly rate | +5.94% | +5.92% |
| 1 month yearly rate | +6.42% | +6.45% |
| 3 months yearly rate | +6.30% | +6.54% |
| 6 months yearly rate | +6.97% | +7.30% |
| 1 year | +6.64% | +6.67% |
| 3 years | +7.39% | +7.20% |
| 5 years | +6.77% | +6.59% |
| 10 years | +7.19% | +6.53% |
| Since launch | +7.92% | +7.20% |
Benchmark: NIFTY Ultra Short Duration Debt Index A-I. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2014, +15.1%; lowest year to Dec 2021, +4.6%
ICICI Prudential Ultra Short Term Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,23,853₹1,23,847 after stamp duty | +6.28% | +6.27% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,99,408₹3,99,388 after stamp duty | +6.97% | +6.96% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,16,344₹7,16,309 after stamp duty | +7.08% | +7.08% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹17,07,209₹17,07,162 after stamp duty | +6.88% | +6.88% | ₹38 | |
| Since Jan 2013165 instalments | ₹16,50,000 | ₹28,12,803₹28,12,756 after stamp duty | +7.42% | +7.42% | ₹38 |
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 9 Jan 2013 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year3,087 windows+2.4%+8.1%+16.7%100.0%
3 years2,610 windows+5.5%+8.0%+12.9%100.0%
5 years2,127 windows+6.3%+7.8%+10.8%100.0%
10 years917 windows+7.1%+7.9%+8.7%100.0%
Every 1, 3, 5 and 10-year window ended higher than it started.From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
ICICI Prudential Ultra Short Term Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.40 ptsA year, on 15 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.40%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.80%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.48%, Dec 2018.Direct plan lowest 0.24%, Mar 2019.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.34% | 0.68% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.06% | 0.12% |
Per cent of assets a year, filed for 15 Oct 2026. The parts add up to that day's total.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹0
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Not accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP minimum
- Daily=Rs. 20Weekly,Fortnightly,Monthly = Rs. 1000Quarterly = Rs. 5,000
- SIP instalments, at least
- Daily,Weekly,Fortnightly,Monthly = 6Quarterly = 4
- SIP dates
- Daily = Daily (only business days)Weekly = Anyday (Monday to Friday)*Fortnightly = 1st and 16th day of each month as applicableMonthly = Any day*Quarterly = Any day**In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
As listed for this plan on 24 Oct 2026.
ICICI Prudential Ultra Short Term Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹15,759 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 54.9%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹18,409 Cr, quarter to Dec 2025.
Assets at each month end
Highest ₹19,416 Cr, Nov 2025.Lowest ₹3,968 Cr, Mar 2019.
ICICI Prudential Ultra Short Term Fund portfolio
Portfolio disclosed for 30 Sep 2026.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 7.34%Lines stating a yield: 98.94% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 6.94%Direct plan
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|
| 91 Days Treasury BillsSOV, repaid 1 Oct 2026 | Bonds and bills | 3.28% | 500.00 | 5,00,00,000 | 5.30% | Jul 2026 |
| Canara BankCRISIL A1+, repaid 4 Mar 2027 | Bonds and bills | 3.03% | 461.62 | 9,500 | 6.87% | May 2026 |
| Small Industries Development Bank Of India.CRISIL A1+, repaid 28 Jan 2027 | Bonds and bills | 2.89% | 440.11 | 9,000 | 6.90% | Jan 2026 |
| Punjab National BankCRISIL A1+, repaid 5 Feb 2027 | Bonds and bills | 2.57% | 390.83 | 8,000 | 6.74% | Jun 2026 |
| NABARDICRA AAA, repaid 24 Mar 2028 | Bonds and bills | 2.45% | 373.59 | 37,500 | 7.76% | Jul 2026 |
| Small Industries Development Bank Of India.CRISIL AAA, 7.68% coupon, repaid 10 Aug 2027 | Bonds and bills | 2.30% | 350.08 | 35,000 | 7.64% | Jun 2026 |
| HDFC Bank Ltd.CRISIL A1+, repaid 5 Feb 2027 | Bonds and bills | 2.24% | 341.93 | 7,000 | 6.79% | Feb 2026 |
| Vedanta Ltd.CRISIL AA+, repaid 3 Dec 2027 | Bonds and bills | 2.08% | 317.66 | 31,500 | 8.53% | Jun 2025 |
| Government SecuritiesSOV, repaid 4 Oct 2028 | Bonds and bills | 2.03% | 309.80 | 3,07,73,600 | 5.90% | Feb 2025 |
| NABARDICRA AAA, 7.80% coupon, repaid 15 Mar 2027 | Bonds and bills | 2.00% | 305.33 | 30,500 | 7.24% | Aug 2025 |
| 91 Days Treasury BillsSOV, repaid 15 Oct 2026 | Bonds and bills | 1.97% | 299.40 | 3,00,00,000 | 5.23% | Jul 2026 |
| Axis Bank Ltd.CRISIL A1+, repaid 13 Jan 2027 | Bonds and bills | 1.93% | 294.35 | 6,000 | 6.73% | Jan 2026 |
| Angel One Ltd.ICRA A1+, repaid 29 Jan 2027 | Bonds and bills | 1.92% | 292.04 | 6,000 | 8.29% | Jan 2026 |
| Radhakrishna Securitization TrustCRISIL AAA(SO), 7.66% coupon, repaid 28 Sep 2028 | Bonds and bills | 1.72% | 262.31 | 275 | 8.07% | Sep 2025 |
| AU Small Finance Bank Ltd.CRISIL A1+, repaid 21 Dec 2026 | Bonds and bills | 1.62% | 246.39 | 5,000 | 6.60% | Dec 2025 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Interest Rate Swaps- MD -30-Mar-2027 (Pay fixed/receive float) | −3.28% | −500.00 | – |
| Interest Rate Swaps- MD -22-Jan-2027 (Pay fixed/receive float) | −2.30% | −350.00 | – |
| Interest Rate Swaps- MD -31-May-2027 (Pay fixed/receive float) | −2.30% | −350.00 | – |
| Interest Rate Swaps- MD -05-Mar-2027 (Pay fixed/receive float) | −1.97% | −300.00 | – |
| Interest Rate Swaps- MD -18-Mar-2027 (Pay fixed/receive float) | −1.97% | −300.00 | – |
| Interest Rate Swaps- MD -21-Jan-2027 (Pay fixed/receive float) | −1.97% | −300.00 | – |
| Interest Rate Swaps- MD -15-Jan-2027 (Pay fixed/receive float) | −1.31% | −200.00 | – |
| Interest Rate Swaps- MD -04-Mar-2027 (Pay fixed/receive float) | −0.66% | −100.00 | – |
| Interest Rate Swaps- MD -06-Jan-2027 (Pay fixed/receive float) | −0.66% | −100.00 | – |
| Interest Rate Swaps- MD -15-Dec-2027 (Pay fixed/receive float) | −0.66% | −100.00 | – |
| Interest Rate Swaps- MD -17-Jul-2028 (Pay float/receive fixed) | 0.66% | 100.00 | – |
| Interest Rate Swaps- MD -25-Jan-2027 (Pay fixed/receive float) | −0.66% | −100.00 | – |
| Interest Rate Swaps- MD -28-Sep-2029 (Pay float/receive fixed) | 0.66% | 100.00 | – |
| Interest Rate Swaps- MD -29-Sep-2028 (Pay float/receive fixed) | 0.49% | 75.00 | – |
| Interest Rate Swaps- MD -02-Mar-2027 (Pay fixed/receive float) | −0.33% | −50.00 | – |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Net Current Assets | 1.38% | 209.83 |
| TREPS | 1.04% | 158.02 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 3.28%91 Days Treasury Bills
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 14.22%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 24.88%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 70.9Taken over 97.59% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Bonds and bills97.26%
- Units of other funds0.33%
- Cash and receivables2.41%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−16.57%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.20.18%
Per cent of the fund's net assets.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign8.67%
- AAA23.04%
- AA18.54%
Loans of under a year
- A1+47.01%
Other
- Overnight lending1.04%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month7.40%
- 1 to 3 months7.69%
- 3 to 6 months47.33%
- 6 to 12 months14.29%
- 1 to 3 years20.57%
- 3 to 5 years1.01%
- 5 to 10 yearsNone
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 6.91%National Bank for Agriculture and Rural Development
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 22.93%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 36.69%
Per cent of the fund's net assets. Lent outside the government: 88.59% of the fund, to 52 borrowers; the borrower is named for 86.31% of it, its group for 23.42%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 1012.43% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 732.88% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 7
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 8
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 3
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 115
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 12.43%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 32.20%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| NABARD | Trimmed | 0.32% | 1.83% | −1.51 pts | −5,000 |
| Ultratech Cement Ltd. | New | 1.44% | 0.00% | +1.44 pts | +22,000 |
| NABARD | Added | 2.45% | 1.56% | +0.89 pts | +12,500 |
| Mahindra & Mahindra Ltd. | Matured | – | 0.78% | −0.78 pts | – |
| NABARD | New | 0.65% | 0.00% | +0.65 pts | +10,000 |
| NABARD | Sold out | – | 0.61% | −0.61 pts | −2,000 |
| Canara Bank | Added | 1.12% | 0.61% | +0.51 pts | +1,500 |
| NABARD | Added | 0.65% | 0.16% | +0.50 pts | +7,500 |
| ICICI Home Finance Company Ltd. | Matured | – | 0.47% | −0.47 pts | – |
| Small Industries Development Bank Of India. | Matured | – | 0.47% | −0.47 pts | – |
| Manappuram Finance Ltd. | Matured | – | 0.31% | −0.31 pts | – |
| Rural Electrification Corporation Ltd. | Added | 1.31% | 1.09% | +0.21 pts | +2,500 |
| Rural Electrification Corporation Ltd. | Matured | – | 0.16% | −0.16 pts | – |
| 364 Days Treasury Bills | Matured | – | 0.06% | −0.06 pts | – |
| NABARD | Trimmed | 2.00% | 2.04% | −0.04 pts | −2,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 17 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 91 Days Treasury Bills | – | – | – | – | – | – | – | – | – | 3.21%Bought | 3.12% | 3.28% |
| Canara Bank | – | – | – | – | – | – | – | 1.18%Bought | 1.83%Added | 2.95%Added | 2.88% | 3.03% |
| Small Industries Development Bank Of India. | – | – | – | 2.36%Bought | 2.52% | 3.12% | 2.68% | 2.67% | 3.01% | 2.81% | 2.74% | 2.89% |
| Punjab National Bank | – | – | – | – | 0.84%Bought | Sold out | – | – | 1.67%Bought again | 2.50%Added | 2.43% | 2.57% |
| NABARD | – | – | – | 0.28%Bought | 0.30% | 0.37% | Sold out | – | – | 0.97%Bought again | 1.56%Added | 2.45%Added |
| Small Industries Development Bank Of India. | – | – | – | – | – | – | – | – | 2.45%Bought | 2.27% | 2.19% | 2.30% |
| HDFC Bank Ltd. | – | – | – | – | 0.84%Bought | 1.04% | 0.59%Cut | 0.59% | 2.34%Added | 2.19% | 2.13% | 2.24% |
| Vedanta Ltd. | 1.68% | 1.53% | 2.08%Added | 1.97% | 2.10% | 2.58% | 2.21% | 2.13%Cut | 2.40% | 2.22% | 1.99%Cut | 2.08% |
| Government Securities | 3.66%Cut | 3.21%Cut | 3.63%Cut | 1.75%Cut | 1.85%Cut | 2.28% | 1.95% | 1.94% | 2.16% | 2.01% | 1.94% | 2.03% |
| NABARD | 1.14%Added | 1.03% | 1.20% | 1.13% | 1.20% | 1.47% | 1.26% | 1.25% | 2.27%Added | 2.11% | 2.04% | 2.00%Cut |
| 91 Days Treasury Bills | – | – | – | – | – | – | – | – | – | 1.92%Bought | 1.87% | 1.97% |
| Axis Bank Ltd. | – | – | – | 1.58%Bought | 1.68% | 2.08% | 1.79% | 1.79% | 2.02% | 1.88% | 1.83% | 1.93% |
| Angel One Ltd. | – | – | – | 1.55%Bought | 1.66% | 2.05% | 1.77% | 1.77% | 2.00% | 1.86% | 1.82% | 1.92% |
| Radhakrishna Securitization Trust | 2.56% | 2.34% | 2.66% | 2.53% | 2.70% | 3.24% | 1.86%Cut | 1.85% | 2.05% | 1.75%Cut | 1.69% | 1.72% |
| AU Small Finance Bank Ltd. | – | – | 1.39%Bought | 1.32% | 1.40% | 1.74% | 1.50% | 1.49% | 1.69% | 1.57% | 1.53% | 1.62% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap. The 165 holdings no longer held, sold or repaid within these months, are not listed.
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Ultra Short Term Fun funds (24 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.0.44%
0.31%Lowest0.43%Average0.50%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.No losing month
0.00%Lowest0.00%Average0.00%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.2.84
0.96Lowest2.53Average3.44Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.9.33
2.25Lowest8.29Average15.70Highest
From the Direct Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 and 3 years | −0.11% | 6 Jul 2026 | 8 Jul 2026 | 13 Jul 2026 |
| 5 years | −0.18% | 2 May 2022 | 6 May 2022 | 23 May 2022 |
| 10 years | −1.06% | 11 Mar 2020 | 24 Mar 2020 | 27 Mar 2020 |
| Since Jan 2013 | −7.49% | 28 May 2013 | 19 Aug 2013 | 27 Mar 2014 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Mar 2024 to Aug 202630 months | Moderate | Low to ModerateNIFTY Ultra Short Duration Debt Index A-I |
| Dec 2022 to Feb 202415 months | Moderate | ModerateNIFTY Ultra Short Duration Debt Index A-I |
| Oct 2022 to Nov 20222 months | Moderate | Low to ModerateCRISIL Ultra Short Duration Debt A-I Index |
| Jan 2022 to Sep 20229 months | Moderate | ModerateCRISIL Ultra Short Duration Debt A-I Index |
| Dec 20211 month | Moderately High | ModerateNIFTY Ultra Short Duration Debt Index A-I |
| Nov 20211 month | Moderately High | Moderately HighNIFTY Ultra Short Duration Debt Index A-I |
| Oct 20211 month | Moderate | Moderately HighNIFTY Ultra Short Duration Debt Index A-I |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
ICICI Prudential Ultra Short Term Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Ritesh LunawatPrimary | Jun 2017 | +7.04%a year | – | – | 28.3% | 33.5% | 13 | ₹1,14,174 Cr |
| Manish BanthiaManages Overseas Investments | Sep 2013 | +8.16%a year | – | – | 54.6% | 57.3% | 31 | ₹4,36,954 Cr |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| ICICI Prudential Corporate Bond FundRitesh Lunawat | Jan 2024 | +7.11%a year | – | – | ₹28,385 Cr |
| ICICI Prudential Dynamic Asset Allocation Active FOFRitesh Lunawat | Jun 2023 | +11.03%a year | – | – | ₹27,321 Cr |
| ICICI Prudential Equity Savings FundRitesh Lunawat | Dec 2020 | +8.14%a year | – | – | ₹14,905 Cr |
| ICICI Prudential Aggressive Hybrid Active FOFRitesh Lunawat | Jun 2023 | +15.00%a year | +10.78% | +4.22 pts | ₹8,894 Cr |
| ICICI Prudential Floating Interest FundRitesh Lunawat | Sep 2024 | +7.20%a year | – | – | ₹8,658 Cr |
| ICICI Prudential US Bluechip Equity FundRitesh Lunawat | Sep 2024 | +13.50%a year | – | – | ₹3,797 Cr |
| ICICI Prudential Income Plus Arbitrage Omni FOFRitesh Lunawat | Dec 2020 | +10.02%a year | – | – | ₹3,294 Cr |
| ICICI Prudential Medium to Long Term FundRitesh Lunawat | Jan 2024 | +6.51%a year | – | – | ₹2,019 Cr |
| ICICI Prudential Passive Multi-Asset Fund of FundsRitesh Lunawat | Dec 2021 | – | – | – | ₹1,450 Cr |
| ICICI Prudential Diversified Debt Strategy Active FOFRitesh Lunawat | Dec 2020 | +6.16%a year | – | – | ₹106 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| HDFC Ultra Short Term FundHDFC Mutual Fund | 18.94% | 29 |
| Kotak Ultra Short Term FundKotak Mahindra Mutual Fund | 15.48% | 27 |
| Nippon India Ultra Short Term FundNippon India Mutual Fund | 15.42% | 24 |
| Invesco India Ultra Short Term FundInvesco Mutual Fund | 13.08% | 12 |
| Sundaram Ultra Short TermSundaram Mutual Fund | 11.94% | 14 |
| Bandhan Ultra Short Term FundBandhan Mutual Fund | 11.84% | 15 |
| Axis Ultra Short Term FundAxis Mutual Fund | 11.32% | 15 |
| Tata Ultra Short Term FundTata Mutual Fund | 11.23% | 9 |
| LIC Mf Ultra Short Term FundLIC Mutual Fund | 10.49% | 12 |
| DSP Ultra Short Term FundDSP Mutual Fund | 10.39% | 15 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| ICICI Prudential Ultra Short to Short Term FundICICI Prudential Mutual Fund | 23.72% |
| ICICI Prudential Money Market FundICICI Prudential Mutual Fund | 18.87% |
| ICICI Prudential Short Term FundICICI Prudential Mutual Fund | 11.86% |
| ICICI Prudential Floating Interest FundICICI Prudential Mutual Fund | 9.45% |
| ICICI Prudential Banking and PSU Debt FundICICI Prudential Mutual Fund | 8.04% |
| ICICI Prudential Corporate Bond FundICICI Prudential Mutual Fund | 8.04% |
| ICICI Prudential Credit Risk FundICICI Prudential Mutual Fund | 7.68% |
| ICICI Prudential Medium Term FundICICI Prudential Mutual Fund | 6.01% |
| ICICI Prudential Dynamic Term FundICICI Prudential Mutual Fund | 5.66% |
| ICICI Prudential Medium to Long Term FundICICI Prudential Mutual Fund | 4.05% |
As the fund house states it, for Sep 2026.
ICICI Prudential Ultra Short Term Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹0.1112 a unit, Jun 2026.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 30 Sep 2026 | ₹0.0559 | 0.52% | ₹10.8348 | ₹10.7820 |
| 31 Aug 2026 | ₹0.0601 | 0.55% | ₹10.8390 | ₹10.7825 |
| 31 Jul 2026 | ₹0.0544 | 0.50% | ₹10.8333 | ₹10.7869 |
| 30 Jun 2026 | ₹0.1112 | 1.02% | ₹10.8901 | ₹10.7861 |
| 29 May 2026 | ₹0.0281 | 0.26% | ₹10.8070 | ₹10.7880 |
| 30 Apr 2026 | ₹0.0641 | 0.59% | ₹10.8430 | ₹10.7876 |
| 30 Mar 2026 | ₹0.0526 | 0.49% | ₹10.8315 | ₹10.7812 |
| 27 Feb 2026 | ₹0.0648 | 0.60% | ₹10.8437 | ₹10.7825 |
| 30 Jan 2026 | ₹0.0347 | 0.32% | ₹10.8136 | ₹10.7844 |
| 31 Dec 2025 | ₹0.0535 | 0.49% | ₹10.8324 | ₹10.7821 |
| 28 Nov 2025 | ₹0.0549 | 0.51% | ₹10.8338 | ₹10.7839 |
| 31 Oct 2025 | ₹0.0612 | 0.56% | ₹10.8401 | ₹10.7846 |
The latest 120 of 156 payouts since 29 Jan 2013.
Changes to the fund
Newest first.
2026
- 30 SepCategoryCategory: Debt / Ultra Short Duration to Debt / Ultra Short Term Fun
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
2024
- 31 MarBenchmarkBenchmark: CRISIL Ultra Short Duration Debt A-I Index to NIFTY Ultra Short Duration Debt Index A-I
2022
- 30 AprBenchmarkBenchmark: NIFTY Ultra Short Duration Debt Index A-I to CRISIL Ultra Short Duration Debt A-I Index
Fund details
Objective
To generate income through investments in a range of debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Asset allocation
- Upto 100%
Type of scheme
Open Ended
- Stated category
- Debt Schemes – Ultra Short Term Fund
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY Ultra Short Duration Debt Index A-I
- Second benchmarkSecond benchmark. An additional index the fund house chose to compare the fund with, beside the first benchmark, which every fund of its category shares.
- 1 Year T-Bill
- Potential risk classPotential risk class. The most risk a debt fund says it may take, as a letter and a numeral: the letter is credit risk, from A (relatively low) to C (relatively high), and the numeral is interest rate risk, from I (relatively low) to III (relatively high).
- B-II
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderate
- New fund offer
- 14 Apr 2011 to 27 Apr 2011
- Units first allotted
- 3 May 2011
- Open for sale again
- 4 May 2011
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 120676 | INF109K01T04 | ICIC_PRU_ULTR_75ZN6A | 9 Jan 2013 | |
| Regular Growth | 115092 | INF109K01TP7 | ICIC_PRU_ULTR_JH1LJF | 4 May 2011 | |
| Direct IDCW | 120677 | INF109K01T38 | INF109K01T46 | ICIC_PRU_ULTR_1PMFZ2E | 8 Jan 2013 |
| Regular IDCW | 115091 | INF109K01TT9 | INF109K01TS1 | ICIC_PRU_ULTR_YGTOWY | 4 May 2011 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Complete Factsheet September 2026 (opens in a new tab)ICICI Prudential Mutual Fund, Sep 2026
Statement of additional information
- SAI ICICI Prudential Mutual Fund (opens in a new tab)ICICI Prudential Mutual Fund, Oct 2026
Annual report
- ICICI Prudential Aggressive Hybrid Active FOF (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential All Seasons Bond Fund (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and Financial Services Fund (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and PSU Debt Fund (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Disclosure of Scheme Riskometer FY 2025-26 (opens in a new tab)ICICI Prudential Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap September 2026 (opens in a new tab)ICICI Prudential Mutual Fund, Sep 2026