ICICI Prudential Ultra Short Term Fund - Growth

ICICI Prudential Ultra Short Term Fund - Growth is a fund scheme from ICICI mutual fund. It falls under a Ultra Short Duration category. After being launched on 2011-05-03. ICICI Prudential Ultra Short Term Fund - Growth has achieved Rs 13813.18 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 1000 and lumpsum of Rs 5000 to start the investment. The expense ratio of this fund is 0.8%.

• Investing Strategy:

  To generate income through investments in a range of debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

• Performance:

  ICICI Prudential Ultra Short Term Fund - Growth trailing returns over different times are 7.5% (1 year), 6.78% (3 year), 6.1% (5 year). The average annual return of this fund stands at 7.5%

• Fund Manager & Portfolio Allocation:

  Manish Banthia, Ritesh Lunawat are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as , Sectors. First five holdings of this fund are LIC Housing Finance Limited, 364 DTB 13032025, Bharti Telecom Limited, National Bank For Agriculture And Rural Development, L&T Metro Rail (Hyderabad) Limited, Treps, Rbl Bank Limited, Reverse Repo, Indusind Bank Limited, Punjab National Bank Companies.