June 12, 2025
mayank
ICICI Prudential Short Term Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 65.6640
NAV IDCW Monthly: Rs 12.6977
Suitable For Which Investors?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity.
Fund Manager:
1) Manish Banthia
Education: Mr. Banthia is B.Com, CA and MBA
Experience: He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC – Fixed Income Investments – Aug 2007 to Oct 2009, ICICI Prudential AMC – New Product Development – Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. – From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. – From May 2004 to May 2005.
2) Nikhil Kabra
Education: Mr. Kabra is a B.Com and Chartered Accountant.
Experience: Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of ICICI Prudential Short Term Fund
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.63% |
| Benchmark | NIFTY SD Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 21,284 Cr |
| (As on 31-May-2025) | |
| Expense | 0.45% |
| (As on 31-May-2025) | |
| Risk Grade | Low |
| Return Grade | High |
Trailing Returns (%) of ICICI Prudential Short Term Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru Short Term Dir | 4.93 | -0.04 | 1.13 | 3.47 | 5.24 | 9.83 | 8.78 | 7.57 | 8.35 | 8.42 |
| CCIL T Bill Liquidity Weight | 2.57 | -0.01 | 0.60 | 1.60 | 2.72 | 5.29 | 4.52 | 3.52 | 3.75 | 3.95 |
| Debt: Short Duration | 4.95 | -0.08 | 1.14 | 3.51 | 5.19 | 9.88 | 8.16 | 7.05 | 7.39 | 7.59 |
| Rank within category | 18 | 2 | 16 | 19 | 13 | 19 | 2 | 5 | 1 | 1 |
| Number of funds in category | 25 | 26 | 26 | 26 | 25 | 25 | 23 | 21 | 19 | 17 |
Peer Comparison of ICICI Prudential Short Term Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| ICICI Pru Short Term Dir | 5 star | 9.83 | 8.78 | 7.57 | 0.45 | 21,284 | 8.63 | — | 12Y 5M |
| HDFC Short Term Debt Dir | 5 star | 9.91 | 8.27 | 7.17 | 0.40 | 15,486 | 8.18 | — | 12Y 5M |
| Axis Short Duration Dir | 4 star | 10.27 | 8.31 | 7.08 | 0.35 | 9,494 | 8.30 | — | 12Y 5M |
| ABSL Short Term Dir | 5 star | 10.04 | 8.41 | 7.72 | 0.36 | 9,193 | 8.72 | — | 12Y 5M |
| Nippon India Short Term Dir | 4 star | 10.35 | 8.36 | 7.27 | 0.37 | 7,058 | 8.25 | — | 12Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 171 | 60 |
| Macaulay Duration (yrs) | 2.77 | 2.78 |
| Average Maturity (yrs) | 4.39 | 3.52 |
| Yield to Maturity (%) | 7.23 | 6.86 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For ICICI Prudential Short Term Fund
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