ICICI Prudential Ultra Short to Short Term Fund
NAV
₹595.59
as of 4 Sept 2026
ICICI Prudential Ultra Short to Short Term Fund is an open-ended Low Duration Fund scheme from ICICI Prudential Mutual Fund managing ₹21,735 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹595.59 as of 4 Sept 2026. The expense ratio is 0.36% a year. Managed by Darshil Dedhia. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.36% / yr
- as of 30 Jun 2026
- Fund size
- ₹21,735 crore
- as of 31 Jul 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 27 Sept 2002
- ISIN
- INF109K01O82
₹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 3 Sept 2026
ICICI Prudential Ultra Short to Short Term Fund
₹138
+38% on ₹100 over 5.0 yrs
Low Duration Fund average
₹131
+31% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 2.09% | – | – |
| 6 months | 3.32% | – | – |
| 1 year | 6.63% | – | – |
| 3 years (CAGR) | 7.52% | – | – |
| 5 years (CAGR) | 6.69% | – | – |
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.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- 3.3%
- Median
- 7.8%
- Best
- 8.5%
49 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Sept 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 6.2%
- Median
- 7.6%
- Best
- 8.1%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Sept 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 1.61
- Sharpe ratio (5Y)
- 0.94
- Sortino ratio (3Y)
- 4.27 vs category 1.93
- Standard deviation (3Y)
- 0.65%
- Deepest fall (5Y)
- -0.27%
Where the money actually is
Bonds
66.3%
Cash
33.3%
Other
0.4%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
142 positions · top 10 = 21.4%
Top holdings
- RADHAKRISHNA SECURITISATION TRUSTmatures 28 Sep 20283.95%
- Treps3.13%
- 6.52% Govt Stock 2031matures 7 Dec 20312.86%
- Bank Of Barodamatures 25 Jan 20272.67%
- HDFC Bank Limitedmatures 2 May 20272.44%
- 7.33% Karnataka Sgs 2033matures 4 Feb 20332.31%
- Punjab National Bankmatures 2 Apr 20272.22%
- Punjab National Bankmatures 2 Oct 20272.22%
- National Bank For Agriculture And Rural Developmentmatures 24 Feb 20282.09%
- India (Republic of)2.07%
Holdings as of 31 Jul 2026. Portfolio turnover 130.1% 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
- 7.26% vs category 7.11%
- Modified duration
- 0.95 yrs vs category 0.89 yrs
- Average maturity
- 1.37 yrs vs category 1.09 yrs
- Average coupon
- 7.70%
- Government securities
- 17.9%
Credit quality
- AAA
- 83.3%
- AA
- 16.7%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.
Portfolio characteristics as of 31 Jul 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
- −₹6,706 cr
- Net flow, 3 months
- −₹6,430 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ICICI Prudential Ultra Short to Short Term Fund?
- ₹595.59 per unit as of 4 Sept 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ICICI Prudential Ultra Short to Short Term Fund?
- 0.36% a year for the Direct plan, as of 30 Jun 2026.
- How large is ICICI Prudential Ultra Short to Short Term Fund?
- ₹21,735 crore under management as of 31 Jul 2026, in the Low Duration Fund category.
- How risky is ICICI Prudential Ultra Short to 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 to Short Term Fund?
- 6.69% 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 to Short Term Fund?
- 6.2% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Sept 2021. The median was 7.6% 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 to Short Term Fund?
- Darshil Dedhia, managing this fund for 3.1 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
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Low Duration Fund funds
- HDFC Ultra Short to Short Term Fund₹18,420 crore
- SBI Ultra Short to Short Term Fund₹13,102 crore
- Kotak Ultra Short to Short Term Fund₹12,083 crore
- Aditya Birla Sun Life Ultra short to short term Fund₹9,914 crore
- Nippon India Ultra Short to Short Term Fund₹7,804 crore
- BANDHAN ULTRA SHORT TO SHORT TERM FUND₹5,986 crore
- Axis Ultra Short to Short Term Fund₹4,637 crore
- DSP Ultra Short to Short Term Fund₹4,478 crore
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.