ICICI Prudential Ultra Short Term Fund Direct Growth

Fund Overview

Fund Size

₹15,455 Cr

Expense Ratio

0.41%

ISIN

INF109K01T04

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

ICICI Prudential Ultra Short Term Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 13 years, 7 months and 28 days, having been launched on 01-Jan-13.
As of 28-Aug-26, it has a Net Asset Value (NAV) of ₹32.31, Assets Under Management (AUM) of 15455.22 Crores, and an expense ratio of 0.41%.

ICICI Prudential Ultra Short Term Fund Direct Growth has given a CAGR return of 7.95% since inception.
The fund's asset allocation comprises around 0.00% in equities, 16.07% in debts, and 83.62% in cash & cash equivalents.
You can start investing in ICICI Prudential Ultra Short Term Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.64%

+5.79% (Cat Avg.)

3 Years

+7.41%

+6.71% (Cat Avg.)

5 Years

+6.73%

+6.04% (Cat Avg.)

10 Years

+7.25%

+5.51% (Cat Avg.)

Since Inception

+7.95%

— (Cat Avg.)

Portfolio Summaryas of 15th August 2026

Debt	₹2,484.15 Cr	16.07%
Others	₹12,971.07 Cr	83.93%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Cash Offsets For Shorts & Derivatives	Cash - General Offset	₹4,475 Cr	27.89%
Treps	Cash - Repurchase Agreement	₹712.12 Cr	4.44%
Interest Rate Swaps- Md -21-Jan-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-700 Cr	4.36%
Interest Rate Swaps- Md -22-Jan-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-550 Cr	3.43%
Interest Rate Swaps- Md -30-Mar-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-500 Cr	3.12%
India (Republic of)	Bond - Short-term Government Bills	₹496.75 Cr	3.10%
Canara Bank	Cash - CD/Time Deposit	₹458.28 Cr	2.86%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹436.52 Cr	2.72%
Interest Rate Swaps- Md -05-Mar-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-400 Cr	2.49%
Interest Rate Swaps- Md -14-Jun-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-400 Cr	2.49%
Punjab National Bank	Cash - CD/Time Deposit	₹387.73 Cr	2.42%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹351.04 Cr	2.19%
Interest Rate Swaps- Md -31-May-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-350 Cr	2.18%
Vedanta Limited	Bond - Corporate Bond	₹343.34 Cr	2.14%
HDFC Bank Limited	Cash - CD/Time Deposit	₹339.18 Cr	2.11%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹326.16 Cr	2.03%
6.17% Govt Stock 2028	Bond - Gov't/Treasury	₹310.1 Cr	1.93%
Interest Rate Swaps- Md -15-Jan-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-300 Cr	1.87%
Interest Rate Swaps- Md -18-Mar-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-300 Cr	1.87%
India (Republic of)	Bond - Short-term Government Bills	₹297.46 Cr	1.85%
Axis Bank Ltd	Cash - CD/Time Deposit	₹291.96 Cr	1.82%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹291.38 Cr	1.82%
Angel One Limited	Cash - Commercial Paper	₹289.37 Cr	1.80%
RADHAKRISHNA SECURITISATION TRUST	Bond - Asset Backed	₹270.98 Cr	1.69%
Muthoot Finance Limited	Bond - Corporate Bond	₹250.74 Cr	1.56%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹250.72 Cr	1.56%
Interest Rate Swaps- Md -02-Mar-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-250 Cr	1.56%
AU Small Finance Bank Ltd.	Bond - Corporate Bond	₹244.15 Cr	1.52%
Bank Of Baroda	Cash - CD/Time Deposit	₹243.56 Cr	1.52%
Indusind Bank Limited	Cash - CD/Time Deposit	₹242.67 Cr	1.51%
Piramal Finance Limited	Bond - Corporate Bond	₹231.35 Cr	1.44%
Net Current Assets	Cash	₹216.93 Cr	1.35%
Interest Rate Swaps- Md -04-Mar-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-200 Cr	1.25%
Interest Rate Swaps- Md -10-Feb-2028 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-200 Cr	1.25%
Equitas Small Finance Bank Limited	Cash - CD/Time Deposit	₹199.03 Cr	1.24%
Punjab National Bank	Cash - CD/Time Deposit	₹193.9 Cr	1.21%
Motilal Oswal Financial Services Limited	Cash - Commercial Paper	₹193.31 Cr	1.20%
The Federal Bank Limited	Cash - CD/Time Deposit	₹189.04 Cr	1.18%
Angel One Limited	Cash - Commercial Paper	₹186.48 Cr	1.16%
Rec Limited	Bond - Corporate Bond	₹175.77 Cr	1.10%
Motilal Oswal Home Finance Limited	Bond - Corporate Bond	₹175.24 Cr	1.09%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹171.2 Cr	1.07%
Dlf Cyber City Developers Ltd	Bond - Corporate Bond	₹150.94 Cr	0.94%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹150.85 Cr	0.94%
Mahindra Rural Housing Finance Limited	Bond - Corporate Bond	₹150.61 Cr	0.94%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹150.53 Cr	0.94%
Mashreq Bank Psc India Branch **	Cash	₹146.68 Cr	0.91%
Nirma Limited	Bond - Corporate Bond	₹146.53 Cr	0.91%
Equitas Small Finance Bank Ltd.	Bond - Corporate Bond	₹146.5 Cr	0.91%
Panatone Finvest Limited	Cash - Commercial Paper	₹145.67 Cr	0.91%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹145.37 Cr	0.91%
Embassy Office Parks Reit	Bond - Corporate Bond	₹145.07 Cr	0.90%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹145.01 Cr	0.90%
Yes Bank Limited	Cash - CD/Time Deposit	₹144.44 Cr	0.90%
Indusind Bank Ltd.	Cash - CD/Time Deposit	₹144.34 Cr	0.90%
Small Industries Development Bank of India	Bond - Corporate Bond	₹140.08 Cr	0.87%
Rec Limited	Bond - Corporate Bond	₹125.37 Cr	0.78%
Nuvama Wealth Finance Limited	Bond - Corporate Bond	₹125.12 Cr	0.78%
Mahindra And Mahindra Limited	Bond - Corporate Bond	₹125.11 Cr	0.78%
LIC Housing Finance Ltd	Cash - Commercial Paper	₹120.36 Cr	0.75%
360 One Prime Limited	Bond - Corporate Bond	₹110.31 Cr	0.69%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹100.4 Cr	0.63%
Godrej Industries Limited	Bond - Corporate Bond	₹100.25 Cr	0.62%
Uno Minda Limited	Bond - Corporate Bond	₹100.08 Cr	0.62%
Interest Rate Swaps- Md -06-Jan-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-100 Cr	0.62%
Interest Rate Swaps- Md -17-Jul-2028 (Pay Float/Receive Fixed)	Interest Rate Swap	₹100 Cr	0.62%
Interest Rate Swaps- Md -15-Dec-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-100 Cr	0.62%
Interest Rate Swaps- Md -25-Jan-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-100 Cr	0.62%
Nuvama Wealth Finance Limited	Bond - Corporate Bond	₹99.96 Cr	0.62%
Nuvama Wealth And Investment Limited	Bond - Corporate Bond	₹99.57 Cr	0.62%
Motilal Oswal Financial Services Limited	Bond - Corporate Bond	₹99.53 Cr	0.62%
Manappuram Finance Limited	Bond - Corporate Bond	₹99.28 Cr	0.62%
Phoenix ARc Limited	Cash - Commercial Paper	₹97.31 Cr	0.61%
HDFC Bank Limited	Cash - CD/Time Deposit	₹97.15 Cr	0.61%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹97.02 Cr	0.60%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹96.99 Cr	0.60%
Canara Bank	Cash - CD/Time Deposit	₹96.98 Cr	0.60%
IDFC First Bank Limited	Cash - CD/Time Deposit	₹96.83 Cr	0.60%
Canara Bank	Cash - CD/Time Deposit	₹96.81 Cr	0.60%
Canara Bank	Bond - Gov't Agency Debt	₹96.57 Cr	0.60%
Axis Bank Ltd.	Bond - Corporate Bond	₹96.56 Cr	0.60%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹96.49 Cr	0.60%
Bank Of Baroda	Cash - CD/Time Deposit	₹96.45 Cr	0.60%
Union Bank Of India	Cash - CD/Time Deposit	₹96.32 Cr	0.60%
Union Bank Of India	Cash - CD/Time Deposit	₹96.27 Cr	0.60%
Lodha Developers Limited	Bond - Corporate Bond	₹75.43 Cr	0.47%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹75.32 Cr	0.47%
JM Financial Credit Solutions Limited	Bond - Corporate Bond	₹75.31 Cr	0.47%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹75.27 Cr	0.47%
360 One Prime Limited	Bond - Corporate Bond	₹75.14 Cr	0.47%
ICICI Home Finance Company Limited	Bond - Corporate Bond	₹75.06 Cr	0.47%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹75.04 Cr	0.47%
Interest Rate Swaps- Md -15-Jun-2028 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-75 Cr	0.47%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹74.96 Cr	0.47%
JM Financial Services Limited	Cash - Commercial Paper	₹74.83 Cr	0.47%
JM Financial Services Limited	Bond - Corporate Bond	₹74.47 Cr	0.46%
Small Industries Dev Bank Of India	Cash - CD/Time Deposit	₹72.48 Cr	0.45%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹70.31 Cr	0.44%
7.39% Tamilnadu SDL 2026	Bond - Gov't/Treasury	₹61.24 Cr	0.38%
Mahindra Rural Housing Finance Limited	Bond - Corporate Bond	₹59.65 Cr	0.37%
7.79% Telangana Sdl 2027	Bond - Gov't/Treasury	₹55.56 Cr	0.35%
SPr Auto Technologies Limited	Bond - Corporate Bond	₹52.33 Cr	0.33%
7.21% Westbengal Sdl 2027	Bond - Gov't/Treasury	₹50.29 Cr	0.31%
Muthoot Finance Limited	Bond - Corporate Bond	₹50.23 Cr	0.31%
Sundaram Home Finance Limited	Bond - Corporate Bond	₹50.09 Cr	0.31%
Aavas Financiers Limited	Bond - Corporate Bond	₹50.02 Cr	0.31%
Uno Minda Limited	Bond - Corporate Bond	₹50.02 Cr	0.31%
Bahadur Chand Investments Private Limited	Bond - Corporate Bond	₹50.01 Cr	0.31%
Interest Rate Swaps- Md -28-Jan-2027 (Pay Fixed/Receive Float)	Interest Rate Swap	₹-50 Cr	0.31%
360 One Prime Limited	Bond - Corporate Bond	₹49.97 Cr	0.31%
360 One Prime Limited	Bond - Corporate Bond	₹49.95 Cr	0.31%
360 One Prime Limited	Bond - Corporate Bond	₹49.94 Cr	0.31%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹49.9 Cr	0.31%
Manappuram Finance Limited	Cash - Commercial Paper	₹49.66 Cr	0.31%
Rec Limited	Bond - Corporate Bond	₹49.54 Cr	0.31%
Corporate Debt Market Development Fund (Class A2)	Mutual Fund - Unspecified	₹49.44 Cr	0.31%
TRuhome Finance Limited	Bond - Corporate Bond	₹49.39 Cr	0.31%
Bank Of Baroda	Cash - CD/Time Deposit	₹48.49 Cr	0.30%
Bank Of Baroda	Cash - CD/Time Deposit	₹48.48 Cr	0.30%
Bank Of Baroda	Cash - CD/Time Deposit	₹48.47 Cr	0.30%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹48.44 Cr	0.30%
HDFC Bank Ltd.	Bond - Corporate Bond	₹48.37 Cr	0.30%
Canara Bank	Cash - CD/Time Deposit	₹48.25 Cr	0.30%
7.78% Bihar Sdl 2027	Bond - Gov't/Treasury	₹45.46 Cr	0.28%
Motilal Oswal Finvest Limited	Bond - Corporate Bond	₹45.31 Cr	0.28%
Aadhar Housing Finance Limited	Bond - Corporate Bond	₹39.93 Cr	0.25%
SPr Auto Technologies Limited	Bond - Corporate Bond	₹38.91 Cr	0.24%
Manappuram Finance Limited	Bond - Corporate Bond	₹38 Cr	0.24%
Aadharshila Infratech Private Limited	Bond - Corporate Bond	₹29.73 Cr	0.19%
Muthoot Finance Limited	Bond - Corporate Bond	₹25.16 Cr	0.16%
Muthoot Finance Limited	Bond - Corporate Bond	₹25.09 Cr	0.16%
Shriram Finance Limited	Bond - Corporate Bond	₹25.04 Cr	0.16%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.04 Cr	0.16%
Rec Limited	Bond - Corporate Bond	₹25.02 Cr	0.16%
Power Finance Corporation Limited	Bond - Corporate Bond	₹24.9 Cr	0.16%
Muthoot Finance Limited	Bond - Corporate Bond	₹24.9 Cr	0.16%
Rec Limited	Bond - Corporate Bond	₹24.89 Cr	0.16%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹24.26 Cr	0.15%
Phoenix ARc Limited	Bond - Corporate Bond	₹16.48 Cr	0.10%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹10.15 Cr	0.06%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹10.15 Cr	0.06%
Rec Limited	Bond - Corporate Bond	₹10.03 Cr	0.06%
17/09/2026 Maturing 364 DTB	Bond - Gov't/Treasury	₹9.96 Cr	0.06%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹9.95 Cr	0.06%
Bharti Telecom Limited	Bond - Corporate Bond	₹9.94 Cr	0.06%
Muthoot Finance Limited	Bond - Corporate Bond	₹5.02 Cr	0.03%
HDFC Bank Limited	Cash - CD/Time Deposit	₹4.92 Cr	0.03%
Power Finance Corporation Limited	Bond - Corporate Bond	₹2.5 Cr	0.02%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹1.5 Cr	0.01%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹0.5 Cr	0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹6,735.04 Cr	41.97%
Cash - CD/Time Deposit	₹5,334.71 Cr	33.25%
Interest Rate Swap	₹-4,475 Cr	29.13%
Cash - General Offset	₹4,475 Cr	27.89%
Cash - Commercial Paper	₹1,156.99 Cr	7.21%
Bond - Short-term Government Bills	₹794.21 Cr	4.95%
Cash - Repurchase Agreement	₹712.12 Cr	4.44%
Bond - Gov't/Treasury	₹532.6 Cr	3.32%
Cash	₹363.61 Cr	2.27%
Bond - Asset Backed	₹270.98 Cr	1.69%
Bond - Gov't Agency Debt	₹96.57 Cr	0.60%
Mutual Fund - Unspecified	₹49.44 Cr	0.31%

Risk & Performance Ratios

Fund Managers

Manish Banthia

Since November 2016

Ritesh Lunawat

Since June 2017

Additional Scheme Detailsas of 15th August 2026

ISIN

INF109K01T04

Expense Ratio

0.41%

Exit Load

No Charges

Fund Size

₹15,455 Cr

Age

13 years 7 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY Ultra Short Duration Debt TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Ultra Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Edelweiss Ultra Short Term Fund Regular Growth Low to Moderate Risk	-	0.0%	-	-
Edelweiss Ultra Short Term Fund Direct Growth Low to Moderate Risk	-	0.0%	-	-
Franklin India Ultra Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹288.69 Cr	6.0%
Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹288.69 Cr	6.5%
Invesco India Ultra Short Term Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1073.02 Cr	6.7%
Motilal Oswal Ultra Short Term Fund Regular Growth Low to Moderate Risk	1.2%	0.0%	₹515.50 Cr	5.3%
Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹515.50 Cr	6.1%
ITI Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹162.51 Cr	5.7%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹162.51 Cr	6.5%
Sundaram Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2284.29 Cr	6.5%
Nippon India Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹11658.55 Cr	6.9%
Kotak Savings Fund Direct Growth Moderate Risk	0.4%	0.0%	₹15707.88 Cr	6.5%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹6377.77 Cr	6.9%
Tata Ultra Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹6377.77 Cr	6.0%
ICICI Prudential Ultra Short Term Fund Regular Growth Moderate Risk	0.8%	0.0%	₹15455.22 Cr	6.2%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Direct Growth Moderate Risk	0.4%	0.0%	-	195.1%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Regular Growth Moderate Risk	1.2%	0.0%	-	195.1%
WhiteOak Capital Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹551.52 Cr	5.8%
WhiteOak Capital Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹551.52 Cr	6.3%
DSP Ultra Short Fund Regular Growth Moderate Risk	1.0%	0.0%	₹4456.08 Cr	5.9%
Mirae Asset Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹1915.66 Cr	6.4%
Mirae Asset Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1915.66 Cr	6.6%
UTI Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹3444.00 Cr	6.6%
Aditya Birla Sun Life Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹18189.19 Cr	6.6%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹167.74 Cr	6.4%
SBI Magnum Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹11164.66 Cr	6.4%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3321.80 Cr	6.5%
HSBC Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹3321.80 Cr	6.4%
Bandhan Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹4204.82 Cr	6.3%
Bandhan Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4204.82 Cr	6.5%
ICICI Prudential Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹15455.22 Cr	6.6%
Canara Robeco Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹579.78 Cr	6.5%
DSP Ultra Short Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4456.08 Cr	6.7%
PGIM India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹176.18 Cr	6.3%
Axis Ultra Short Term Fund Regular Growth Moderate Risk	1.3%	0.0%	₹5907.80 Cr	5.8%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5907.80 Cr	6.7%
Sundaram Ultra Short Duration Fund Regular Growth Low to Moderate Risk	1.3%	0.0%	₹2284.29 Cr	5.2%
Aditya Birla Sun Life Savings Fund Regular Growth Moderate Risk	0.5%	0.0%	₹18189.19 Cr	6.3%
Kotak Savings Fund Regular Growth Moderate Risk	0.8%	0.0%	₹15707.88 Cr	6.0%
Invesco India Ultra Short Term Fund Regular Growth Moderate Risk	0.7%	0.0%	₹1073.02 Cr	6.1%
SBI Magnum Ultra Short Duration Fund Regular Growth Moderate Risk	0.6%	0.0%	₹11164.66 Cr	6.2%
Bank of India Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹167.74 Cr	5.9%
HDFC Ultra Short Term Fund Regular Growth Moderate Risk	0.7%	0.0%	₹16677.73 Cr	6.0%
HDFC Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹16677.73 Cr	6.4%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹204.86 Cr	6.6%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹204.86 Cr	6.1%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹11658.55 Cr	6.2%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	1.0%	0.0%	₹3444.00 Cr	5.9%
LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk	1.4%	0.0%	₹508.91 Cr	5.7%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹508.91 Cr	6.7%

About the AMC

ICICI Prudential Mutual Fund

+91 22 26428000

https://www.icicipruamc.com/

Total AUM

₹11,75,624 Cr

Address

3rd Floor, Hallmark Business Plaza, Mumbai, 400 051

Other Funds by ICICI Prudential Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ICICI Prudential Life Cycle Fund 2036 Direct Growth Very High Risk	-	3.0%	-	-
ICICI Prudential Life Cycle Fund 2041 Direct Growth Very High Risk	-	3.0%	-	-
ICICI Prudential Life Cycle Fund 2031 Direct Growth Very High Risk	-	3.0%	-	-
ICICI Prudential Dynamic Asset Allocation Passive FOF Direct Growth Very High Risk	-	1.0%	-	-
ICICI Prudential Multi-Asset Active FOF Direct Growth High Risk	0.1%	1.0%	-	-
ICICI Prudential Balanced Hybrid Fund Direct Growth High Risk	0.6%	1.0%	-	-
iSIF Active Asset Allocator Long-Short Fund Direct Growth Very High Risk	2.2%	1.0%	₹607.41 Cr	-
iSIF Equity Long-Short Fund Direct Growth Very High Risk	3.6%	1.0%	-	-
ICICI Prudential Diversified Equity All Cap Active FOF Direct Growth Very High Risk	0.9%	1.0%	₹891.66 Cr	-
iSIF Equity Ex-Top 100 Long-Short Fund Direct Growth Very High Risk	1.3%	1.0%	₹2194.52 Cr	-
iSIF Hybrid Long-Short Fund Direct Growth Very High Risk	1.2%	1.0%	₹1079.82 Cr	-
ICICI Prudential Conglomerate Fund Direct Growth Moderately High risk	1.3%	1.0%	₹820.84 Cr	-
ICICI Prudential Active Momentum Fund Direct Growth Moderate Risk	1.7%	1.0%	₹2081.15 Cr	13.3%
ICICI Prudential Nifty Private Bank Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹45.68 Cr	6.4%
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹29.73 Cr	-2.4%
ICICI Prudential Nifty200 Quality 30 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹26.94 Cr	2.3%
ICICI Prudential Quality Fund Direct Growth Very High Risk	1.4%	1.0%	₹2157.87 Cr	8.3%
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Direct Growth Very High Risk	0.7%	0.0%	₹47.19 Cr	11.7%
ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹509.87 Cr	7.0%
ICICI Prudential CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹8.51 Cr	-
ICICI Prudential Rural Opportunities Fund Direct Growth Moderate Risk	1.2%	1.0%	₹2130.12 Cr	-0.2%
ICICI Prudential Nifty 500 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹98.94 Cr	4.7%
ICICI Prudential Equity Minimum Variance Fund Direct Growth Very High Risk	1.8%	1.0%	₹2836.15 Cr	2.2%
ICICI Prudential Nifty200 Value 30 Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹198.97 Cr	20.6%
ICICI Prudential Energy Opportunities Fund Direct Growth Very High Risk	1.1%	1.0%	₹8199.55 Cr	19.1%
ICICI Prudential Fixed Maturity Plan Series 89 91 Days Plan G Direct Growth Low to Moderate Risk	-	-	-	-
ICICI Prudential Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹295.09 Cr	7.3%
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹100.78 Cr	-4.5%
ICICI Prudential Fixed Maturity Plan Series 88 182 Days Plan J Direct Growth Moderate Risk	-	-	-	-
ICICI Prudential Fixed Maturity Plan Series 88 125 Days Plan H Direct Growth Low to Moderate Risk	-	-	-	-
ICICI Prudential Fixed Maturity Plan Series 88 93 Days Plan P Direct Growth Low to Moderate Risk	-	-	-	-
ICICI Prudential Fixed Maturity Plan Series 88 1199 Days Plan Q Direct Growth Low to Moderate Risk	-	-	-	-
ICICI Prudential Fixed Maturity Plan Series 88 1858 Days Plan D Direct Growth Moderate Risk	-	0.0%	-	-
ICICI Prudential Fixed Maturity Plan Series 88 1226 Days Plan F Direct Growth Low Risk	-	-	₹129.54 Cr	6.1%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth Very High Risk	0.8%	0.0%	₹37.52 Cr	4.0%
ICICI Prudential Fixed Maturity Plan Series 88 1828 Days Plan A Direct Growth Moderate Risk	-	-	-	-
ICICI Prudential Fixed Maturity Plan Series 88 1833 Days Plan C Direct Growth Moderate Risk	-	-	-	-
ICICI Prudential Fixed Maturity Plan Series 88 1192 Days Plan R Direct Growth Low to Moderate Risk	-	-	-	-
ICICI Prudential Fixed Maturity Plan Series 88 95 Days Plan B Direct Growth Moderately High risk	-	-	-	-
ICICI Prudential Fixed Maturity Plan Series 88 1303 Days Plan S Direct Growth Low Risk	-	0.0%	₹62.28 Cr	6.0%
ICICI Prudential Fixed Maturity Plan Series 88 226 Days Plan E Direct Growth Moderate Risk	-	0.0%	-	-
ICICI Prudential Thematic Advantage Fund (FOF) Direct Growth Very High Risk	1.2%	1.0%	₹9476.94 Cr	3.1%
ICICI Prudential Floating Interest Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹8464.44 Cr	6.7%
ICICI Prudential Gilt Fund Direct Growth Low to Moderate Risk	0.6%	0.0%	₹8890.13 Cr	6.1%
ICICI Prudential All Seasons Bond Fund Direct Growth Moderately High risk	0.6%	0.0%	₹13260.35 Cr	6.4%
ICICI Prudential Long Term Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹843.40 Cr	4.6%
ICICI Prudential Liquid Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹61557.98 Cr	6.4%
ICICI Prudential Innovation Fund Direct Growth Very High Risk	1.2%	1.0%	₹7843.53 Cr	9.1%
ICICI Prudential Global Stable Equity Fund (FOF) Direct Growth Very High Risk	1.1%	1.0%	₹92.16 Cr	19.9%
ICICI Prudential Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1983.34 Cr	5.8%

Risk Level

Your principal amount will be at Moderate Risk

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

The NAV of ICICI Prudential Ultra Short Term Fund Direct Growth, as of 28-Aug-2026, is ₹32.31.

What are the returns of ICICI Prudential Ultra Short Term Fund Direct Growth?

The fund has generated 6.64% over the last 1 year and 7.41% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

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

The fund's allocation of assets is distributed as 0.00% in equities, 16.07% in bonds, and 83.62% in cash and cash equivalents.

Who manages the ICICI Prudential Ultra Short Term Fund Direct Growth?

The fund managers responsible for ICICI Prudential Ultra Short Term Fund Direct Growth are:-

Manish Banthia
Ritesh Lunawat

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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ICICI Prudential Ultra Short Term Fund Direct Growth

Fund Overview