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Ultra Short Duration📊 NIFTY Ultra Short Duration Debt Index A-I

ICICI Prudential Ultra Short Term Fund · Regular · Growth

ICICI Prudential Mutual Fund

#5 of 26 (1Y)

NAV

₹29.6087

as of 31 Jul 2026

Expense Ratio

0.77%

AUM

₹15,512 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+6.19%
3Y
+6.98%
5Y
+6.24%
Since Inception
+7.38%

SIP returns (XIRR)

1Y
+6.35%
3Y
+6.84%
5Y
+6.73%
Since Inception
+7.03%

What history actually did — last 10 years (Aug 2016 – Jul 2026)

A ₹5,000 monthly SIP for the last 10 years (Aug 2016 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹8,25,144 today ₹5,95,000 invested, 6.5% XIRR.

₹5,95,000

Invested

₹8,25,144

Value today

6.5%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 10 years (Aug 2016 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 10 years ago would be ₹1,91,099 today (6.7% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Aug 2016 would still hold ₹10,85,847.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 10 years (Aug 2016 – Jul 2026) (22 Mar 2020) would be ₹1,47,023 today (1.47×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

1.30

Sharpe Ratio

Alpha

Beta

1.64

Sortino

0.44%

Std Dev

-0.11%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseICICI Prudential Mutual Fund
CategoryUltra Short Duration
BenchmarkNIFTY Ultra Short Duration Debt Index A-I
Launch Date14 Apr 2011
AMFI Code115092
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹20
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 30 Jun 2026
Holding% NAV

Investment Objective

ICICI Prudential Ultra Short Term Fund · Regular · Growth by ICICI Prudential Mutual Fund is a Ultra Short Duration fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Ultra Short Duration category.

About This Fund

ICICI Prudential Ultra Short Term Fund · Regular · Growth is a Ultra Short Duration mutual fund offered by ICICI Prudential Mutual Fund. The fund has been operational for over 15 years. It manages assets worth ₹15,512 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY Ultra Short Duration Debt Index A-I. The current expense ratio is 0.77%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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