ICICI Prudential Ultra Short term Fund

Income-oriented debt or money-market exposure

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.

How the money may be invested

Upto 100%

SEBI category

Debt Schemes – Ultra Short Term Fund

Fund type

Open Ended

Primary benchmark

NIFTY Ultra Short Duration Debt Index A-I

Secondary benchmark

1 Year T-Bill

Use the latest monthly portfolio

Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.

Manager and scheme tenure

Fund manager(s)

Ritesh Lunawat · Manish Banthia

Manager tenure on this scheme

Ritesh Lunawat — since 3 June 2017 · Manish Banthia — since 19 September 2013

Role / co-management

Ritesh Lunawat — Primary · Manish Banthia — Manages Overseas Investments

The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.

Latest NAV records

NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.

What you pay and how money moves

Stated expense ratio

Actual expenses for the month ended August 30, 2026: Direct Plan: 0.40% Regular Plan: 0.80%

Exit load

Nil The Trustees shall have a right to prescribe or modify the exit load structure with prospective effect subject to a maximum prescribed under the Regulations.

Minimum application

1) Growth & IDCW - Rs. 5,000/- (plus multiples of Re. 1/-) 2) AEP – Rs. 25,000 (plus multiples of Re. 1/-) Minimum application amount for switch ins – Rs. 5,000 and any amount thereafter 1) Growth & IDCW - Rs. 5,000/- (plus multiples of Re. 1/-) 2) AEP – Rs. 25,000 (plus multiples of Re. 1/-) Minimum application amount for switch ins – Rs. 5,000 and any amount thereafter · multiples of 1

SIP frequency

Refer to the current official scheme document.

Minimum SIP amount

Refer to the current official scheme document.

Minimum instalments

Refer to the current official scheme document.

How a mutual-fund investment is paid

1. Complete KYCIdentity, PAN, bank and contact verification are required.
2. Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
3. Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
4. Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
5. Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.

Download and verify at source

The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.

Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.