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ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly
Debt
Moderate Risk
Latest AUM
₹ 14,352.3 Cr.
NAV as on 23 oct, 2026
₹ 10.79
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly
Inception Date
01 Jan 2013
Lock In
No Lock-in
Risk
Principal at moderate risk
Category Average Annual Returns
7.70
Portfolio Composition Analysis
Debt
70.64%
Cash
29.36%
Portfolio Updated on: 13 Jul, 2026
Sector Allocations
Debt
Financial
Entities
Materials
Industrials
Healthcare
Real Estate
Portfolio Updated on: 23 oct, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 | Financial | Treasury Bills | 6.96% |
| GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 | Financial | Treasury Bills | 6.96% |
| GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 | Financial | Treasury Bills | 6.21% |
| GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 | Financial | Treasury Bills | 6.22% |
| CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 | Entities | GOI Securities | 4.88% |
| CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 | Entities | GOI Securities | 4.97% |
| CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 | Entities | GOI Securities | 4.97% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC | Financial | Debenture | 3.37% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC | Financial | Debenture | 3.92% |
| CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 | Entities | GOI Securities | 3.66% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 3.23% |
| Standard Deviation | 0.44% |
| Sortino Ratio | 4.78% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.39% | NA | 1.71% |
| 6 Months | 3.09% | NA | 3.90% |
| 9 Months | 4.90% | NA | 5.74% |
| 1 Year | 6.35% | 6.35% | 7.70% |
| 2 Years | 14.60% | 7.05% | 7.59% |
| 3 Years | 23.50% | 7.29% | 7.34% |
| 5 Years | 38.62% | 6.75% | 6.07% |
| 7 Years | 56.53% | 6.61% | NA |
| 10 Years | 99.12% | 7.13% | 6.56% |
ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly is one Debt mutual fund offered by ICICI Prudential Mutual Fund. Launched on 01 Jan 2013, the fund aims Short term regular income. An open ended ultra-short term debt scheme investing in a range of debt and money market instruments. It manages assets worth ₹14,352.3 crore as on Tue Jun 30, 2026. The expense ratio stands at 0.41%.
Ritesh Lunawat has experience He has been Working with ICICI Prudential AMC Since September 2013.
Manish Banthia has 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.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Nippon India Ultra Short Duration Fund Direct-growth | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Nippon India Ultra Short Duration Fund Direct-idcw Daily | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Nippon India Ultra Short Duration Fund Direct-idcw Monthly | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Nippon India Ultra Short Duration Fund Direct-idcw Quarterly | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Nippon India Ultra Short Duration Fund Direct-idcw Weekly | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Tata Ultra Short Term Fund Direct-growth | 5,267.1 | +0.31% | +1.56% | +3.35% | +6.79% | +7.42% | +6.79% |
| Tata Ultra Short Term Fund Direct-idcw Monthly | 5,267.1 | +0.31% | +1.56% | +3.35% | +6.79% | +7.42% | +6.79% |
| Tata Ultra Short Term Fund Direct-idcw Weekly | 5,267.1 | +0.31% | +1.56% | +3.35% | +6.79% | +7.42% | +6.79% |
| Axis Ultra Short Duration Fund Direct-growth | 4,948.7 | +0.27% | +1.50% | +3.19% | +6.52% | +7.35% | +6.78% |
| Axis Ultra Short Duration Fund Direct-idcw | 4,948.7 | +0.27% | +1.50% | +3.19% | +6.52% | +7.35% | +6.78% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from ICICI Prudential Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| ICICI Prudential Ultra Short Term Fund-growth | 14,352.3 | +0.19% | +1.29% | +2.89% | +5.94% | +6.87% | +6.29% |
| ICICI Prudential Ultra Short Term Fund Direct-growth | 14,352.3 | +0.22% | +1.39% | +3.09% | +6.35% | +7.29% | +6.75% |
| ICICI Prudential Ultra Short Term Fund-idcw Daily | 14,352.3 | +0.19% | +1.29% | +2.89% | +5.94% | +6.87% | +6.29% |
| ICICI Prudential Ultra Short Term Fund Direct-idcw Daily | 14,352.3 | +0.22% | +1.39% | +3.09% | +6.35% | +7.29% | +6.75% |
| ICICI Prudential Ultra Short Term Fund-idcw Monthly | 14,352.3 | +0.19% | +1.29% | +2.89% | +5.94% | +6.87% | +6.29% |
| ICICI Prudential Ultra Short Term Fund-idcw Quarterly | 14,352.3 | +0.19% | +1.29% | +2.89% | +5.94% | +6.87% | +6.29% |
| ICICI Prudential Ultra Short Term Fund Direct-idcw Quarterly | 14,352.3 | +0.22% | +1.39% | +3.09% | +6.35% | +7.29% | +6.75% |
| ICICI Prudential Ultra Short Term Fund-idcw Weekly | 14,352.3 | +0.19% | +1.29% | +2.89% | +5.94% | +6.87% | +6.29% |
| ICICI Prudential Ultra Short Term Fund Direct-idcw Weekly | 14,352.3 | +0.22% | +1.39% | +3.09% | +6.35% | +7.29% | +6.75% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Savings Direct-growth | 17,816.3 | +0.24% | +1.42% | +3.15% | +6.33% | +7.38% | +6.76% |
| Aditya Birla Sun Life Savings Regular-growth | 17,816.3 | +0.21% | +1.36% | +3.02% | +6.05% | +7.13% | +6.54% |
| Aditya Birla Sun Life Savings Regular-idcw Daily | 17,816.3 | +0.21% | +1.36% | +3.02% | +6.05% | +7.13% | +6.54% |
| Aditya Birla Sun Life Savings Direct-idcw Daily | 17,816.3 | +0.24% | +1.42% | +3.15% | +6.33% | +7.38% | +6.76% |
| Aditya Birla Sun Life Savings Direct-idcw Weekly | 17,816.3 | +0.24% | +1.42% | +3.15% | +6.33% | +7.38% | +6.76% |
| Aditya Birla Sun Life Savings Regular-idcw Weekly | 17,816.3 | +0.21% | +1.36% | +3.02% | +6.05% | +7.13% | +6.54% |
| HDFC Ultra Short Term Fund Direct-growth | 15,949.6 | +0.21% | +1.38% | +3.00% | +6.11% | +7.11% | +6.55% |
| HDFC Ultra Short Term Fund Regular-growth | 15,949.6 | +0.18% | +1.29% | +2.82% | +5.75% | +6.76% | +6.21% |
| HDFC Ultra Short Term Fund Direct-idcw Daily | 15,949.6 | +0.21% | +1.38% | +3.00% | +6.11% | +7.11% | +6.55% |
| HDFC Ultra Short Term Fund Regular-idcw Daily | 15,949.6 | +0.18% | +1.29% | +2.82% | +5.75% | +6.76% | +6.21% |
Top funds are based on Fund AUM
Top Debt Funds
| Fund name | ||||
|---|---|---|---|---|
| Nippon India Ultra Short Duration Fund Direct-growth | ₹4,843.53 | +7.48% | +6.98% | — |
| Nippon India Ultra Short Duration Fund Direct-idcw Daily | ₹1,113.36 | +7.48% | +6.98% | — |
| Nippon India Ultra Short Duration Fund Direct-idcw Monthly | ₹1,036.62 | +7.48% | +6.98% | — |
| Nippon India Ultra Short Duration Fund Direct-idcw Quarterly | ₹1,017.30 | +7.48% | +6.98% | — |
| Nippon India Ultra Short Duration Fund Direct-idcw Weekly | ₹1,091.37 | +7.48% | +6.98% | — |
| Tata Ultra Short Term Fund Direct-growth | ₹16.24 | +7.42% | +6.79% | — |
| Tata Ultra Short Term Fund Direct-idcw Monthly | ₹16.27 | +7.42% | +6.79% | — |
| Tata Ultra Short Term Fund Direct-idcw Weekly | ₹10.40 | +7.42% | +6.79% | — |
| Axis Ultra Short Duration Fund Direct-growth | ₹17.00 | +7.35% | +6.78% | — |
| Axis Ultra Short Duration Fund Direct-idcw | ₹17.00 | +7.35% | +6.78% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 23 Oct 2026 | ₹10.79 |
| 22 Oct 2026 | ₹10.79 |
| 03 Aug 2026 | ₹10.79 |
| 31 Jul 2026 | ₹10.78 |
| 30 Jul 2026 | ₹10.83 |
| 29 Jul 2026 | ₹10.83 |
| 28 Jul 2026 | ₹10.83 |
| 27 Jul 2026 | ₹10.83 |
| 24 Jul 2026 | ₹10.82 |
| 23 Jul 2026 | ₹10.82 |
| 22 Jul 2026 | ₹10.81 |
| 21 Jul 2026 | ₹10.81 |
| 20 Jul 2026 | ₹10.81 |
| 17 Jul 2026 | ₹10.81 |
| 16 Jul 2026 | ₹10.80 |
| 15 Jul 2026 | ₹10.79 |
| 14 Jul 2026 | ₹10.79 |
| 13 Jul 2026 | ₹10.80 |
| 10 Jul 2026 | ₹10.79 |
| 09 Jul 2026 | ₹10.79 |
| 08 Jul 2026 | ₹10.78 |
| 07 Jul 2026 | ₹10.79 |
| 06 Jul 2026 | ₹10.80 |
| 03 Jul 2026 | ₹10.79 |
| 02 Jul 2026 | ₹10.79 |
| 01 Jul 2026 | ₹10.79 |
| 30 Jun 2026 | ₹10.89 |
| 29 Jun 2026 | ₹10.88 |
| 25 Jun 2026 | ₹10.87 |
| 24 Jun 2026 | ₹10.86 |
Portfolio Updated on: 24 Oct, 2026
Fund Growth & Size Analysis
+₹14,352.3 Cr
Since Launch
This Fund
Category Average
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ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly Returns Comparison
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ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly FAQ'S
- Sharpe Ratio: 3.23%
- Standard Deviation: 0.44%
- Sortino Ratio: 4.78%
Additional important ratios:
As of Tue Jun 30, 2026, the total assets managed under ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly stand at approximately ₹ 14,352.3 crore.
The ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly has delivered the following short-term performance:
- 3 Months Return: 1.39%
- 6 Months Return: 3.09%
The historical growth of the ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly is reflected through its CAGR returns:
- 3 Year CAGR: 7.29%
- 5 Year CAGR: 6.75%
- Return Since Launch: 7.89%
The portfolio of ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly is distributed across different asset classes as follows:
- Debt Instruments: 70.64%
- Other Assets: 29.36%
The ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly is managed by Manish Banthia, representing ICICI Prudential Mutual Fund.
Top stock holdings of ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly include:
- GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 – represents 6.96% of the portfolio
- GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 – represents 6.96% of the portfolio
- GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 – represents 6.21% of the portfolio
- GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 – represents 6.22% of the portfolio
- CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 – represents 4.88% of the portfolio
- CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 – represents 4.97% of the portfolio
- CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 – represents 4.97% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC – represents 3.37% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC – represents 3.92% of the portfolio
- CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 – represents 3.66% of the portfolio
Major sector exposures in ICICI Prudential Ultra Short Term Fund Direct-idcw Monthly are:
- Financial – accounts for 645.27% of the portfolio
- Entities – accounts for 43.07% of the portfolio
- Materials – accounts for 28.61% of the portfolio
- Industrials – accounts for 17.70% of the portfolio
- Healthcare – accounts for 5.57% of the portfolio
