ICICI Pru Ultra Short to Short Term Fund
The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity.
Growthvine rating: 5/5 — ranked #1 of 33 in category.
Fund basics
| Category | Debt: Low Duration |
|---|---|
| NAV | ₹587.24 (as of 2026-09-09) |
| AUM | ₹21,735 Cr |
| Expense ratio | 0.48% |
| Riskometer | Low to Moderate |
| Fund manager | Darshil Dedhia |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.54% |
|---|---|
| Sharpe ratio | 2.19 |
| Standard deviation | 0.65% |
| Max drawdown | -1.62% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 99.6% of NIFTY Low Duration Debt Index's upside and 64.8% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.4% | Q1 (Top) | #4 of 27 |
| 2025 | 7.7% | Q1 (Top) | #4 of 22 |
| 2024 | 8.0% | Q1 (Top) | #1 of 20 |
| 2023 | 7.6% | Q1 (Top) | #1 of 20 |
| 2022 | 4.5% | Q1 (Top) | #1 of 17 |