ICICI Pru Ultra Short Term Fund Fund(G)
View the direct plan of this scheme
Rs 27.556 0.0062(0.023 %) NAV as on 29 May 2025
Scheme Objective: To generate income through investments in a range of debt and money market instruments.
Performance (As on 29 May 2025)
1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|---|---|
Scheme | 0.14 % | 2.17 % | 3.89 % | 7.62 % | 6.98 % | 6.01 % | 7.46 % | >
Portfolio
Ultra-short duration debt funds invest in debt instruments such as commercial paper, certificate of deposits, treasury bills and other money market instruments. They maintain an average portfolio maturity of around 6 months. These funds may deliver losses on a day-to-day basis but are generally low volatile. While most funds pick instruments that have a high credit rating, some can go into papers with lower credit ratings in order to deliver higher return.
These funds suit any investor with investment horizons of 6 months to a year. Ensure that funds do not have a high share of low-rated debt. These funds can also be used to maintain emergency money as well.