ICICI Prudential Ultra Short Term Fund - Growth
(Erstwhile ICICI Prudential Regular Income Fund - Growth)
Fund House: ICICI Prudential Mutual Fund| Category: Debt: Ultra Short Duration |
| Launch Date: 01-05-2011 |
| Asset Class: Fixed Interest |
| Benchmark: NIFTY Ultra Short Duration Debt Index |
| Expense Ratio: 0.97% As on (30-09-2020) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 7,413.02 Cr As on (30-09-2020) |
| Turn over: 117% | Exit Load: Nil |
21.1709
0.01 (0.0458%)
8.24%
S&P BSE Liquid Rate Index 5.67%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The Scheme seeks to generate regular income through investments in fixed income securities so as to make regular dividend distribution to unitholders seeking the Dividend Option and also to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments.
Current Asset Allocation (%)
Indicators
| Volatility | 1.51 |
| Sharp Ratio | 2.36 |
| Alpha | 8.04 |
| Beta | 0.27 |
| Yield to Maturity | 5.24 |
| Average Maturity | 0.5 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| ICICI Prudential Ultra Short Term Fund - Growth | 01-05-2011 | 7.22 | 7.97 | 7.46 | 7.93 | - |
| Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan | 27-11-2001 | 7.75 | 8.62 | 8.06 | 8.21 | 8.53 |
| Aditya Birla Sun Life Savings Fund - Growth - Regular Plan | 27-11-2001 | 7.41 | 8.24 | 7.73 | 8.02 | 8.71 |
| Aditya Birla Sun Life Savings Fund-Retail Growth | 27-11-2001 | 7.41 | 8.25 | 7.73 | 8.03 | 8.61 |
| HDFC Ultra Short Term Fund-Growth Option | 01-09-2018 | 6.75 | 7.6 | - | - | - |
| Mahindra Manulife Ultra Short Term Fund - Regular Plan - Growth | 05-10-2019 | 6.52 | - | - | - | - |
| SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH | 21-05-1999 | 6.42 | 7.47 | 7.44 | 7.37 | 8.15 |
| PGIM India Ultra Short Term Fund - Regular Plan - Growth | 05-07-2008 | 6.34 | 10.15 | 8.27 | 7.25 | 7.86 |
| Kotak Savings Fund -Growth | 01-08-2004 | 6.34 | 7.38 | 7.13 | 7.34 | 8.25 |
| IDFC ULTRA SHORT TERM FUND - REGULAR PLAN - GROWTH | 01-07-2018 | 6.2 | 7.42 | - | - | - |
Scheme Characteristics
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
99.96%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
