ICICI Prudential Short Term Fund Direct Plan-Growth

Q: What are the returns of ICICI Prudential Short Term Fund?

The ICICI Prudential Short Term Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 8.61% since inception. ICICI Prudential Short Term Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.6% 8.67% 7.19% 8.39% 8.61%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹66.1941+0.05% 1 day change	8.61% p.a.	#NA View Ranked Funds	₹21,284 Cr

Historical NAV & returns

NAV: ₹66.1941 as on Jul 21, 2025

This fund Category average

ICICI Prudential Short Term Fund overview

Expense ratio	0.45% as on May 31, 2025
Exit load	0% An exit load of 0.50% shall be charged if units are redeemed within 3 months from the date of allotment.!
AUM (Fund size)	₹21,284 Cr
Lock-in Period	Nil
Age	12 yrs 6 m since Jan 01, 2013
Benchmark	NIFTY SD Debt Index A-II
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

ICICI Prudential Short Term Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jul 22, 2025

Period	This fund	Category average
1 Month	0.63%	0.6%
3 Months	2.05%	1.97%
6 Months	5.3%	5.21%
1 Year	9.6%	9.62%
2 Years	8.79%	8.54%
3 Years	8.67%	8.19%
4 Years	7.51%	7.25%
5 Years	7.19%	6.82%
7 Years	8.28%	7.35%
10 Years	8.39%	7.56%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 55.28892987%

SOV 22.68661177%

AA+ 12.38320196%

Cash & Call Money 4.23349429%

Top Debt Holdings

GOI 14.64%

Small Industries Devp. Bank of India Ltd. 3.33%

National Bank For Agriculture & Rural Development 2.72%

DME Development Ltd. 2.6%

Allocation by Instruments

Non Convertible Debenture 26.458283489999996%

Debenture 25.14800786%

GOI Securities 14.633367089999998%

Bonds 9.80066489%

Other Holdings

Others 3.76%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Short Term Fund	N.A.	21,284 Cr	12 yrs 6 m	0.45%
UTI Short Duration Fund	N.A.	2,822 Cr	12 yrs 6 m	0.36%
Sundaram Short Duration Fund	N.A.	214 Cr	12 yrs 6 m	0.3%
Baroda BNP Paribas Short Duration Fund	N.A.	199 Cr	12 yrs 6 m	0.44%
Aditya Birla Sun Life Short Term Fund	N.A.	8,343 Cr	12 yrs 6 m	0.36%

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Short Term Fund	0.63%	5.3%	9.6%	8.67%	7.19%	8.39%
UTI Short Duration Fund	0.55%	5.07%	9.32%	8.18%	7.59%	6.99%
Sundaram Short Duration Fund	0.6%	5.11%	9.68%	8.12%	7.8%	7.11%
Baroda BNP Paribas Short Duration Fund	0.62%	5.38%	9.78%	8.28%	6.61%	7.83%
Aditya Birla Sun Life Short Term Fund	0.65%	5.25%	9.72%	8.31%	7.17%	8.19%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Short Term Fund	0.75	1.17	2.79	6.25
UTI Short Duration Fund	0.87	1.87	1.79	3.7
Sundaram Short Duration Fund	0.97	2.15	1.54	3.27
Baroda BNP Paribas Short Duration Fund	1.0	2.25	1.69	3.77
Aditya Birla Sun Life Short Term Fund	0.95	1.85	1.86	3.46

View all Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	4.29 vs. 4.23 Higher outperformance against benchmark
Sharpe	2.79 vs. 4.36 Poor risk-adjusted returns
Beta	1.17 vs. 2.05 Less sensitive to market ups & downs
Standard deviation	0.75 vs. 1.0 More stable returns

Compare ICICI Prudential Short Term Fund in detail with

About this fund

About ICICI Prudential Short Term Fund

ICICI Prudential Short Term Fund Direct Plan-Growth is a Short Duration mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 12 yrs 6 m, having been launched on 01/01/2013. ICICI Prudential Short Term Fund Direct Plan-Growth has ₹21,284 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Short Term Fund Direct Plan-Growth as of 21/07/2025 is ₹66.19. The fund has an expense ratio of 0.45%, which is close to what most other Short Duration funds charge.

ICICI Prudential Short Term Fund Direct Plan-Growth returns of last 1-year are 9.61%. Since launch, it has delivered 8.62% average annual returns. The fund has doubled the money invested in it every 9 yrs.
ICICI Prudential Short Term Fund Direct Plan-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is high.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, Small Industries Devp. Bank of India Ltd., National Bank For Agriculture & Rural Development, DME Development Ltd., India Universal Trust AL1.

...

Fund AUM	21,284 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Nikhil Kabra

Mr. Kabra is a B.Com and Chartered Accountant. Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.

Manish Banthia

Mr. Banthia is B.Com, CA and MBA He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.

Investment objective

The scheme seeks to generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity

ICICI Prudential Mutual Fund details

No. of schemes	97 view all schemes
Total AUM	9,83,726 Cr as on Jun 30, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
ICICI Prudential Income Plus Arbitrage Active FoF	N.A.	594 Cr	7.95%	12.84%
ICICI Prudential Gilt Fund	N.A.	7,347 Cr	10.27%	9.4%
ICICI Prudential Long Term Bond Fund	N.A.	1,230 Cr	10.65%	9.35%
ICICI Prudential Constant Maturity Gilt Fund	N.A.	2,551 Cr	11.13%	9.22%
ICICI Prudential All Seasons Bond Fund	N.A.	14,981 Cr	10.22%	9.14%
ICICI Prudential Bond Fund	N.A.	2,889 Cr	10.35%	8.93%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Short Term Fund?

The current Net Asset Value (NAV) of the ICICI Prudential Short Term Fund - Direct Growth plan is approximately ₹66.1941 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The ICICI Prudential Short Term Fund is a 12 yrs 6 m old fund and has delivered average annual returns of 8.61% since inception.

ICICI Prudential Short Term Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.6%	8.67%	7.19%	8.39%	8.61%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Short Term Fund - Direct Growth has an expense ratio of 0.45%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The ICICI Prudential Short Term Fund currently has assets under management (AUM) or fund size valued at approximately 21,284 Cr as on May 31, 2025.

To whom does ICICI Prudential Short Term Fund lend to?

The top 3 debt holdings of ICICI Prudential Short Term Fund are as follows

Holding Name	Percentage of Portfolio
GOI	14.64%
Small Industries Devp. Bank of India Ltd.	3.33%
National Bank For Agriculture & Rural Development	2.72%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The ICICI Prudential Short Term Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	55.28892987%
SOV	22.68661177%
AA+	12.38320196%

What is risk level of ICICI Prudential Short Term Fund?

This is a Short Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in ICICI Prudential Short Term Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ICICI Prudential Short Term Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in ICICI Prudential Short Term Fund is complete.

How can I redeem my investments in ICICI Prudential Short Term Fund?

Redeeming your investments in ICICI Prudential Short Term Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in ICICI Prudential Short Term Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Short Duration

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Short Duration funds in the last 10 Years.
Chance: This fund has generated a 7.87% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.