ICICI Prudential Ultra Short Term Fund - Growth

ICICI Prudential Ultra Short Term Fund - Growth is a scheme launched by ICICI Mutual Fund on May 03, 2011, and falls under the Ultra Short Duration fund category. It currently manages an AUM of Rs 17,076.56 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.8% for managing the portfolio.

• 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 7.41% (1 year), 7.1% (3 year) and 5.93% (5 year). The average annual return of this fund stands at 5.13%.