ICICI Prudential Short Term Fund
Short DurationModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹64.70+0.02%1 day
- Return since launch
- 7.7%
- 52-week range
- ₹61.67 — ₹64.70
- AUM
- ₹18,468 Cr
ICICI Prudential Short Term Fund is a Short Duration debt fund from ICICI Prudential Mutual Fund with ₹18,468 Cr under management, launched in 2001. Over three years it has returned 6.3% a year, against 6.7% for its category. The expense ratio is 1.05% and the SEBI riskometer reading is Moderate.
Performance
ICICI Prudential Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.8% against +4.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.7% | +0.4 pts | 4.3% | 4.5% |
| 2Y | 5.6% | +0.5 pts | 5.1% | 5.2% |
| 3Y | 6.3% | −0.4 pts | 6.7% | 6.0% |
| 5Y | 6.7% | +0.7 pts | 6.0% | 6.3% |
| 7Y | 6.6% | +0.4 pts | 6.2% | 6.0% |
| 10Y | 6.8% | +0.6 pts | 6.2% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.6% | +0.1 pts | 0.5% | 0.5% |
| 3M | 0.4% | 0.0 pts | 0.4% | 0.4% |
| 6M | 2.7% | +0.1 pts | 2.6% | 2.7% |
| 1Y | 4.8% | +0.5 pts | 4.3% | 4.3% |
| 2Y | 6.5% | +0.5 pts | 6.0% | 6.2% |
| 3Y | 7.0% | +0.3 pts | 6.7% | 6.7% |
| 5Y | 6.4% | +0.4 pts | 6.0% | 5.8% |
| 7Y | 6.8% | +0.5 pts | 6.2% | 6.0% |
| 10Y | 6.9% | +0.6 pts | 6.2% | 6.4% |
Since launch (18 Oct 2001): 7.7%
Calendar-year returns
Category average10.6%
3.9%
4.7%
7.4%
7.8%
8.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.0% | −0.1 pts | 8.1% |
| 2024 | 7.8% | −0.5 pts | 8.3% |
| 2023 | 7.4% | +0.1 pts | 7.3% |
| 2022 | 4.7% | −0.3 pts | 5.0% |
| 2021 | 3.9% | −0.7 pts | 4.5% |
| 2020 | 10.6% | +0.9 pts | 9.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.03%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.87%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.16%
- Exit load
- Exit load of 0.25% if redeemed within 7 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY SD Debt Index A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.79 | 0.84 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.19 | 1.42 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.34 | 1.38 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
ICICI Prudential Short Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt103.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | Financial | 4.75% | ₹898 Cr | +5.44% | +5.02% | +4.71% |
| Others | Others | 3.84% | ₹725 Cr | +1.32% | +1.20% | +1.08% |
| Vedanta Ltd. | Metals & Mining | 3.12% | ₹590 Cr | +3.08% | +2.84% | +2.28% |
| Shivshakti Securitisation Trust | Others | 3.03% | ₹573 Cr | +3.08% | +2.85% | +2.80% |
| Muthoot Finance Ltd. | Financial | 2.50% | ₹472 Cr | +0.10% | +0.10% | +0.09% |
| Siddhivinayak Securitisation Trust | Others | 2.40% | ₹454 Cr | +2.71% | +2.50% | +2.35% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.27% | ₹429 Cr | +1.37% | +1.26% | +1.18% |
| Power Finance Corporation Ltd. | Financial | 2.24% | ₹422 Cr | +1.82% | +1.21% | +1.58% |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 1.89% | ₹358 Cr | +3.00% | +2.75% | +2.59% |
| LIC Housing Finance Ltd. | Financial | 1.49% | ₹281 Cr | +0.86% | +1.16% | +1.50% |
| REC Ltd. | Financial | 1.37% | ₹259 Cr | +1.25% | +0.73% | +1.07% |
| TVS Holdings Ltd. | Automobile | 1.33% | ₹251 Cr | +1.32% | +1.22% | +1.13% |
| JTPM Metal Traders Ltd. | Metals & Mining | 1.29% | ₹243 Cr | +1.26% | +1.13% | +1.01% |
| Piramal Finance Ltd. | Financial | 1.19% | ₹226 Cr | +1.18% | +1.09% | +1.01% |
| 360 ONE Wealth Ltd. | Financial | 1.11% | ₹211 Cr | +1.05% | +0.97% | +0.79% |
| DLF Cyber City Developers Ltd. | Construction | 1.06% | ₹201 Cr | +1.05% | +0.97% | +0.91% |
| Tata Capital Financial Services Ltd. | Financial | 1.06% | ₹199 Cr | +1.05% | +0.97% | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.05% | ₹199 Cr | +1.18% | — | — |
| Nexus Select Trust | Construction | 1.05% | ₹199 Cr | +1.04% | +0.96% | +0.90% |
| Embassy Office Parks REIT | Construction | 0.95% | ₹180 Cr | +0.31% | +0.29% | +0.27% |
| Madhya Pradesh State | Others | 0.87% | ₹165 Cr | +0.89% | +0.80% | +0.78% |
| Mindspace Business Parks REIT | Construction | 0.79% | ₹149 Cr | — | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 0.78% | ₹148 Cr | +0.78% | +0.72% | +0.54% |
| Bajaj Housing Finance Ltd. | Financial | 0.78% | ₹147 Cr | +0.27% | — | — |
| Torrent Power Ltd. | Energy | 0.74% | ₹140 Cr | +0.74% | +0.68% | +0.64% |
| Housing & Urban Development Corporation Ltd. | Financial | 0.70% | ₹133 Cr | +0.70% | +0.64% | +0.60% |
| Telangana State | Financial | 0.69% | ₹130 Cr | +0.70% | +0.64% | — |
| India Universal Trust AL1 | Others | 0.65% | ₹122 Cr | +0.66% | +0.63% | +0.61% |
| Bihar State | Others | 0.62% | ₹116 Cr | +0.62% | +0.57% | +0.04% |
| TVS Credit Services Ltd. | Financial | 0.61% | ₹116 Cr | +0.61% | +0.57% | +0.53% |
| GOI | Sovereign | 0.61% | ₹115 Cr | +1.07% | +0.45% | +2.55% |
| Oberoi Realty Ltd. | Construction | 0.59% | ₹112 Cr | +0.87% | +0.97% | +0.90% |
| Chhattisgarh State | Others | 0.56% | ₹106 Cr | +0.57% | +0.51% | +0.49% |
| Karnataka State | Others | 0.54% | ₹103 Cr | +0.94% | +0.86% | +0.21% |
| National Bank For Agriculture & Rural Development | Financial | 0.54% | ₹102 Cr | +0.79% | +0.03% | +0.03% |
| Tata Projects Ltd. | Construction | 0.53% | ₹100 Cr | +0.52% | +0.48% | +0.45% |
| Narayana Hrudayalaya Ltd. | Healthcare | 0.53% | ₹99.93 Cr | +0.52% | +0.48% | +0.45% |
| ICICI Home Finance Company Ltd. | Financial | 0.52% | ₹98.64 Cr | +0.52% | +0.48% | +0.45% |
| Citi Corp Finance Ltd | Financial | 0.48% | ₹89.97 Cr | +0.47% | +0.43% | +0.60% |
| Fullerton India Home Finance Ltd. | Financial | 0.40% | ₹74.96 Cr | +0.39% | +0.36% | +0.34% |
| Himachal Pradesh State | Others | 0.38% | ₹72.54 Cr | +0.39% | +0.35% | +0.34% |
| Knowledge Realty Trust | Construction | 0.38% | ₹71.72 Cr | +0.37% | +0.34% | +0.34% |
| Bajaj Finance Ltd. | Financial | 0.34% | ₹64.18 Cr | +0.39% | — | — |
| Oriental Infratrust Invit | Construction | 0.32% | ₹60.89 Cr | +0.32% | +0.30% | — |
| Sheela Foam Ltd. | Consumer Discretionary | 0.29% | ₹55.01 Cr | +0.29% | +0.27% | +0.25% |
| Andhra Pradesh State | Financial | 0.29% | ₹54.40 Cr | +0.29% | +0.26% | +0.25% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 0.28% | ₹53.26 Cr | +0.28% | +0.26% | +1.16% |
| Sundaram Home Finance Ltd. | Financial | 0.26% | ₹49.83 Cr | +0.26% | +0.65% | +0.61% |
| JM Financial Services Pvt. Ltd. | Financial | 0.26% | ₹49.02 Cr | +0.26% | +0.24% | — |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 0.26% | ₹48.35 Cr | +0.26% | +0.23% | +0.22% |
| L&T Metro Rail (Hyderabad) Ltd. | Construction | 0.26% | ₹48.17 Cr | +0.26% | +0.23% | +0.22% |
| Eris Lifesciences Ltd. | Healthcare | 0.20% | ₹38.08 Cr | +0.35% | +0.33% | +0.30% |
| Haryana State | Others | 0.19% | ₹36.27 Cr | +0.20% | +0.18% | +0.16% |
| JM Financial Credit Solutions Ltd. | Financial | 0.18% | ₹33.57 Cr | +0.18% | +0.16% | +0.15% |
| Cube Highways Trust | Services | 0.16% | ₹29.77 Cr | +0.16% | +0.14% | +0.13% |
| Bharti Telecom Ltd. | Communication | 0.16% | ₹29.45 Cr | +0.15% | +0.85% | +0.91% |
| Maharashtra State | Others | 0.13% | ₹25.21 Cr | +0.14% | +0.53% | +0.12% |
| Sansar Trust | Others | 0.12% | ₹21.90 Cr | +0.19% | +0.26% | +0.46% |
| TMF Holdings Ltd. | Financial | 0.10% | ₹19.82 Cr | +0.10% | +0.10% | +0.45% |
| West Bengal State | Others | 0.09% | ₹16.47 Cr | +0.09% | +0.08% | +0.08% |
| Odisha State | Financial | 0.08% | ₹15.16 Cr | +0.08% | +0.07% | +0.11% |
| Godrej Seeds & Genetics Ltd. | Consumer Staples | 0.08% | ₹14.77 Cr | +0.08% | +0.07% | +0.07% |
| Rajasthan State | Others | 0.03% | ₹5.06 Cr | +0.03% | +0.02% | +0.02% |
| Uttar Pradesh State | Others | 0.03% | ₹5.04 Cr | +0.03% | +0.02% | +0.02% |
| Tamilnadu State | Others | 0.02% | ₹2.89 Cr | +0.02% | +0.01% | +0.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Muthoot Finance Ltd. | 0.05% | 1.18% | +1.13% |
| Small Industries Devp. Bank of India Ltd. | 1.34% | 2.32% | +0.99% |
| company:5652 | 0.38% | 0.00% | -0.38% |
| Siddhivinayak Securitisation Trust | 2.68% | 2.40% | -0.28% |
| Bajaj Housing Finance Ltd. | 0.51% | 0.78% | +0.27% |
| GOI | 0.37% | 0.61% | +0.24% |
| Eris Lifesciences Ltd. | 0.35% | 0.20% | -0.15% |
| Vedanta Ltd. | 3.05% | 3.12% | +0.08% |
| JTPM Metal Traders Ltd. | 1.25% | 1.29% | +0.04% |
| TVS Holdings Ltd. | 1.30% | 1.33% | +0.03% |
| Summit Digitel Infrastructure Pvt. Ltd. | 1.46% | 1.49% | +0.03% |
| Piramal Finance Ltd. | 1.16% | 1.19% | +0.03% |
| Nexus Select Trust | 1.03% | 1.05% | +0.03% |
| DLF Cyber City Developers Ltd. | 1.04% | 1.06% | +0.03% |
| Mahindra & Mahindra Financial Services Ltd. | 1.03% | 1.05% | +0.03% |
| Tata Capital Financial Services Ltd. | 1.03% | 1.06% | +0.03% |
| Power Finance Corporation Ltd. | 0.89% | 0.92% | +0.02% |
| Mindspace Business Parks REIT | 0.77% | 0.79% | +0.02% |
| Sansar Trust | 0.13% | 0.12% | -0.02% |
| Torrent Power Ltd. | 0.73% | 0.74% | +0.02% |
| Tata Capital Housing Finance Ltd. | 0.77% | 0.78% | +0.02% |
| Housing & Urban Development Corporation Ltd. | 0.69% | 0.70% | +0.02% |
| Oberoi Realty Ltd. | 0.58% | 0.59% | +0.01% |
| TVS Credit Services Ltd. | 0.60% | 0.61% | +0.01% |
| Tata Projects Ltd. | 0.52% | 0.53% | +0.01% |
| Narayana Hrudayalaya Ltd. | 0.52% | 0.53% | +0.01% |
| Shivshakti Securitisation Trust | 3.05% | 3.03% | -0.01% |
| 360 ONE Wealth Ltd. | 0.52% | 0.53% | +0.01% |
| Citi Corp Finance Ltd | 0.46% | 0.48% | +0.01% |
| ICICI Home Finance Company Ltd. | 0.51% | 0.52% | +0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 0.67% | 0.68% | +0.01% |
| Fullerton India Home Finance Ltd. | 0.39% | 0.40% | +0.01% |
| Others | 0.33% | 0.34% | +0.01% |
| REC Ltd. | 0.31% | 0.32% | +0.01% |
| Bajaj Finance Ltd. | 0.33% | 0.34% | +0.01% |
| Bihar State | 0.61% | 0.62% | +0.01% |
| Sheela Foam Ltd. | 0.28% | 0.29% | +0.01% |
| LIC Housing Finance Ltd. | 0.28% | 0.29% | +0.01% |
| India Universal Trust AL1 | 0.64% | 0.65% | +0.01% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 0.28% | 0.28% | +0.01% |
| Sundaram Home Finance Ltd. | 0.26% | 0.26% | +0.01% |
| Telangana State | 0.68% | 0.69% | +0.01% |
| Karnataka State | 0.54% | 0.54% | +0.01% |
| Chhattisgarh State | 0.55% | 0.56% | +0.01% |
| JM Financial Services Pvt. Ltd. | 0.25% | 0.26% | +0.01% |
| Oriental Infratrust Invit | 0.32% | 0.32% | 0.00% |
| Jamnagar Utilities and Power Pvt. Ltd. | 0.25% | 0.26% | 0.00% |
| JM Financial Credit Solutions Ltd. | 0.17% | 0.18% | 0.00% |
| Knowledge Realty Trust | 0.18% | 0.18% | 0.00% |
| Embassy Office Parks REIT | 0.16% | 0.16% | 0.00% |
| Bharti Telecom Ltd. | 0.15% | 0.16% | 0.00% |
| Cube Highways Trust | 0.15% | 0.16% | 0.00% |
| Himachal Pradesh State | 0.38% | 0.38% | 0.00% |
| Andhra Pradesh State | 0.28% | 0.29% | 0.00% |
| L&T Metro Rail (Hyderabad) Ltd. | 0.25% | 0.26% | 0.00% |
| TMF Holdings Ltd. | 0.10% | 0.10% | 0.00% |
| Madhya Pradesh State | 0.87% | 0.87% | 0.00% |
| Godrej Seeds & Genetics Ltd. | 0.08% | 0.08% | 0.00% |
| Maharashtra State | 0.13% | 0.13% | 0.00% |
| Haryana State | 0.19% | 0.19% | 0.00% |
| West Bengal State | 0.09% | 0.09% | 0.00% |
| Odisha State | 0.08% | 0.08% | 0.00% |
| Uttar Pradesh State | 0.03% | 0.03% | 0.00% |
| Rajasthan State | 0.03% | 0.03% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.01% | 0.01% | 0.00% |
| Tamilnadu State | 0.02% | 0.02% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹4,466 Cr | 0.72% | 5.2% | 6.3% | 6.5% |
 Bandhan Short Term Fund | ₹8,628 Cr | 0.86% | 5.3% | 6.4% | 6.6% |
 Axis Short Term Fund | ₹7,395 Cr | 0.95% | 5.0% | 6.5% | 6.7% |
 Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund | ₹1,651 Cr | 0.33% | 6.0% | — | — |
 Sundaram Short Term Fund | ₹190 Cr | 0.73% | 4.7% | 6.0% | 6.3% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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
Fund managers
- Manish BanthiaMr. Banthia is B.Com, CA and MBAHe 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.
- Nikhil KabraMr. 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.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.73% absolute | ₹60,000 | ₹61,638 | 2.73% | |
| 1 year4.85% annualised | ₹1,20,000 | ₹1,23,200 | 2.67% | |
| 3 years7.00% annualised | ₹3,60,000 | ₹4,01,630 | 11.56% | |
| 5 years6.44% annualised | ₹6,00,000 | ₹7,09,434 | 18.24% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Short Term Fund?
The NAV of ICICI Prudential Short Term Fund is ₹64.70 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential Short Term Fund?
The expense ratio of ICICI Prudential Short Term Fund is 1.05% per year.
What is the minimum SIP amount for ICICI Prudential Short Term Fund?
You can start a SIP in ICICI Prudential Short Term Fund with ₹3,000 a month.
What returns has ICICI Prudential Short Term Fund given?
ICICI Prudential Short Term Fund has returned 4.7% over 1 year, 6.3% over 3 years and 6.7% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Short Term Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 7 days.
How risky is ICICI Prudential Short Term Fund?
ICICI Prudential Short Term Fund is rated Moderate on the SEBI riskometer and belongs to the Short Duration category.
Which fund house manages ICICI Prudential Short Term Fund?
ICICI Prudential Short Term Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹12,20,481 Cr under management.