HealthyDirect · Growth
ICICI Prudential Ultra Short term Fund
ICICI Prudential Mutual FundDebt Scheme - Ultra Short Duration Fund13.7 years
The scheme seeks to generate income through investments in a range of debt and money market instruments.
- NAV
- 32.4232
- 15 Sept 2026
- 1Y
- +6.8%
- Trailing CAGR
- AUM
- ₹15,973.92 Cr
- 31 Aug 2026
- Volatility
- Low
- 1.7% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.8%
- 3Y+7.4%
- 5Y+6.8%
- 10Y+7.2%
- SI+7.9%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+7.0%
- 3Y+7.3%
- 5Y+7.2%
- 10Y+7.0%
- Since inception
- +7.9%
- Calendar-day CAGR
- Excess 1Y
- +0.2%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 67
- Vs comparable share classes
- Worst rolling 3Y
- +5.5%
- 2583 daily-ending windows
- Median rolling 3Y
- +7.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2100 daily-ending windows
- SIP 3Y XIRR
- +7.3%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 159 recovered episodes
- Longest recovery
- 220 days
- Trough to prior peak
- Current spell
- 2 days
- Days below latest peak
- Time below peak
- +18%
- NAV observations
28 May 2013 – 27 Mar 2014
Trough 19 Aug 2013 · recovered in 220 days
-7.5%
11 Mar 2020 – 27 Mar 2020
Trough 24 Mar 2020 · recovered in 3 days
-1.1%
31 Mar 2014 – 21 Apr 2014
Trough 9 Apr 2014 · recovered in 12 days
-0.9%
7 Jul 2014 – 22 Jul 2014
Trough 14 Jul 2014 · recovered in 8 days
-0.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
67
Vs category
51
Consistency
100
Risk-adjusted
100
Drawdown
81
Mean
80
Portfolio
31 Aug 2026 · 130 holdings · top 10 are 53.5%.
- Top 5
- 42.7%
- Top 10
- 53.5%
- Largest holding
- 28.6%
- Effective holdings
- 10.3
Cash Margin
Unspecified
28.6%
Repo
Unspecified
5.3%
GOVERNMENT OF INDIA 37629 091 DAYS TBILL 01OT26 FV RS 100
Financial
3.1%
CANARA BANK CD 04MAR27
Financial
2.9%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 28JAN27
Financial
2.7%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 11 Sept 2026
Healthy
Engine status
Healthy
Doing its job
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Franklin India Ultra Short Bond Fund (no. of segregated portfolio-1)
Franklin Templeton Mutual Fund
- 1Y
- +13.7%
- 3Y
- +8.7%
- Vol
- 1.6%
- Max DD
- -4.4%
- Sharpe
- 2.19
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Tata Ultra Short Term Fund
Tata Mutual Fund
- 1Y
- +7.0%
- 3Y
- +7.5%
- Vol
- 0.5%
- Max DD
- -0.7%
- Sharpe
- 2.67
- 3Y win
- +66%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
HDFC Ultra Short Term Fund
HDFC Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.2%
- Vol
- 0.6%
- Max DD
- -1.0%
- Sharpe
- 2.46
- 3Y win
- +39%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
Kotak Treasury Advantage
Kotak Mahindra Mutual Fund
- 1Y
- 0.0%
- 3Y
- 0.0%
- Vol
- 0.4%
- Max DD
- -0.9%
- Sharpe
- -13.88
- 3Y win
- +14%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
JM Ultra Short Duration Fund
JM Financial Mutual Fund
- 1Y
- +5.8%
- 3Y
- +0.8%
- Vol
- 3.0%
- Max DD
- -6.0%
- Sharpe
- -1.63
- 3Y win
- +19%
- Shallower drawdown
Caveat: Higher volatility · Lower trailing returns