What is the NAV of ICICI Prudential Ultra Short term Fund?

₹32.54 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.

What is the expense ratio of ICICI Prudential Ultra Short term Fund?

0.41% a year for the Direct plan, as of 31 Aug 2026.

How large is ICICI Prudential Ultra Short term Fund?

₹15,974 crore under management as of 31 Aug 2026, in the Ultra Short Duration Fund category.

How risky is ICICI Prudential Ultra Short term Fund?

Its SEBI Riskometer reading is "Moderate Risk". Three months to three years of lending. Where sensible near-term money quietly sits.

What are the 5-year returns of ICICI Prudential Ultra Short term Fund?

6.79% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.

What is the worst 3-year return of ICICI Prudential Ultra Short term Fund?

6.5% a year – the weakest of 25 overlapping 3-year holding periods, beginning 1 Oct 2021. The median was 7.5% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.

Who manages ICICI Prudential Ultra Short term Fund?

Manish Banthia, managing this fund for 9.8 years.

ICICI Prudential Ultra Short term Fund

ICICI Prudential Mutual FundDirectOpen-endedUltra Short Duration FundRiskometer: Moderate Risk

NAV

₹32.54

as of 6 Oct 2026

ICICI Prudential Ultra Short term Fund is an open-ended Ultra Short Duration Fund scheme from ICICI Prudential Mutual Fund managing ₹15,974 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹32.54 as of 6 Oct 2026. The expense ratio is 0.41% a year. Managed by Manish Banthia. This page is factual data only – it carries no rating and no recommendation.

Key facts

Expense ratio: 0.41% / yr; as of 31 Aug 2026
Fund size: ₹15,974 crore; as of 31 Aug 2026
Exit load: None
SIP available: Yes
Launched: 3 May 2011
ISIN: INF109K01T04

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from nyvo’s own NAV data.

Rebased to 100data to 5 Oct 2026

Oct 2021Oct 2026

ICICI Prudential Ultra Short term Fund

₹139

+39% on ₹100 over 5.0 yrs

Ultra Short Duration Fund average

₹137

+37% on ₹100 over 5.0 yrs

Returns vs category

Window	Fund	Category avg	Gap
3 months	1.58%	–	–
6 months	3.43%	–	–
1 year	6.61%	–	–
3 years (CAGR)	7.41%	–	–
5 years (CAGR)	6.79%	–	–

No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Risk, measured

Sharpe ratio (3Y): 2.15
Sharpe ratio (5Y): 1.84
Sortino ratio (3Y): 6.58 vs category 2.37
Standard deviation (3Y): 0.44%

Where the money actually is

Bonds

13.9%

Cash

85.7%

Other

0.3%

Whole-portfolio split, as of 31 Aug 2026.

What it owns

148 positions · top 10 = 16.7%

Top holdings

Treps5.34%
Interest Rate Swaps- Md -21-Jan-2027 (Pay Fixed/Receive Float)matures 21 Jan 20274.38%
Interest Rate Swaps- Md -22-Jan-2027 (Pay Fixed/Receive Float)matures 22 Jan 20273.44%
Interest Rate Swaps- Md -30-Mar-2027 (Pay Fixed/Receive Float)matures 30 Mar 20273.13%
India (Republic of)3.12%
Canara Bankmatures 3 Apr 20272.88%
Small Industries Dev Bank Of Indiamatures 28 Jan 20272.74%
Interest Rate Swaps- Md -05-Mar-2027 (Pay Fixed/Receive Float)matures 5 Mar 20272.50%
Interest Rate Swaps- Md -14-Jun-2027 (Pay Fixed/Receive Float)matures 14 Jun 20272.50%
Punjab National Bankmatures 2 May 20272.43%

Holdings as of 31 Aug 2026. Portfolio turnover 150.2% a year.

Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.

The debt it holds

Yield to maturity: 7.22% vs category 6.85%
Modified duration: 0.43 yrs vs category 0.70 yrs
Average maturity: 0.53 yrs vs category 0.71 yrs
Average coupon: 7.76%
Government securities: -9.9%

Credit quality

AAA: 80.2%
AA: 19.8%

Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 31 Jul 2026.

Portfolio characteristics as of 31 Aug 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.

Money in, money out

Net flow, 12 months: −₹2,103 cr
Net flow, 3 months: −₹336 cr

as of 31 Aug 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of ICICI Prudential Ultra Short term Fund?: ₹32.54 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of ICICI Prudential Ultra Short term Fund?: 0.41% a year for the Direct plan, as of 31 Aug 2026.
How large is ICICI Prudential Ultra Short term Fund?: ₹15,974 crore under management as of 31 Aug 2026, in the Ultra Short Duration Fund category.
How risky is ICICI Prudential Ultra Short term Fund?: Its SEBI Riskometer reading is "Moderate Risk". Three months to three years of lending. Where sensible near-term money quietly sits.
What are the 5-year returns of ICICI Prudential Ultra Short term Fund?: 6.79% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
What is the worst 3-year return of ICICI Prudential Ultra Short term Fund?: 6.5% a year – the weakest of 25 overlapping 3-year holding periods, beginning 1 Oct 2021. The median was 7.5% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
Who manages ICICI Prudential Ultra Short term Fund?: Manish Banthia, managing this fund for 9.8 years.

Where this fund sits

Its shelf, all funds

Sd · Short duration →

Three months to three years of lending. Where sensible near-term money quietly sits.

The money map

How big this shelf is in India →

The whole industry sized by real money, from AMFI’s monthly data.

Side by side

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One bet or two?

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See whether it owns the same stocks as your other funds.

Other Ultra Short Duration Fund funds

Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.