Previously Known As : Icici Prudential Short Term Plan
Icici Prudential Short Term Fund Datagrid
Category Short Duration Fund
BMSMONEY Rank 1
Rating
Growth Option 09-09-2026
NAV ₹64.55(R) +0.01% ₹70.91(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.96% 7.31% 6.51% 6.94% 7.06%
Direct 6.6% 7.95% 7.2% 7.67% 7.83%
Benchmark
SIP (XIRR) Regular -% -% -% -% -%
Direct 6.63% 5.56% 7.04% 7.19% 7.56%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.38 0.84 0.73 0.38% 0.03
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.17% 0.0% -0.21% 0.71 0.75%
Fund AUM As on: 30/12/2025 23071 Cr
Top Short Duration Fund
Fund Name Rank Rating
ICICI Prudential Short Term Fund 1
HDFC Short Term Debt Fund 2
Axis Short Duration Fund 3
Bandhan Short Duration Fund 4
Nippon India Short Duration Fund 5

NAV Date: 09-09-2026

Scheme Name NAV Rupee Change Percent Change
ICICI Prudential Short Term Fund - Monthly IDCW 12.1
0.0000
0.0100%
ICICI Prudential Short Term Fund - Direct Plan - Monthly IDCW 12.72
0.0000
0.0100%
ICICI Prudential Short Term Fund - Growth Option 64.55
0.0100
0.0100%
ICICI Prudential Short Term Fund - Direct Plan - Growth Option 70.91
0.0100
0.0100%

Review Date: 09-09-2026

Beginning of Analysis

In the Short Duration Fund category, ICICI Prudential Short Term Fund is the top ranked fund. The category has total 21 funds. The ICICI Prudential Short Term Fund has shown an excellent past performence in Short Duration Fund. The fund has a Jensen Alpha of 0.38% which is higher than the category average of -0.19%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.38 which is higher than the category average of 0.87.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with lower interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 1 to 3 years, making them less sensitive to interest rate changes compared to long-duration funds. While they offer moderate returns with relatively lower risk, they may underperform in a falling interest rate environment. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help optimize risk-adjusted returns.

ICICI Prudential Short Term Fund Return Analysis

  • The fund has given a return of 0.21%, 1.87 and 3.49 in last one, three and six months respectively. In the same period the category average return was 0.21%, 1.75% and 3.17% respectively.
  • ICICI Prudential Short Term Fund has given a return of 6.6% in last one year. In the same period the Short Duration Fund category average return was 5.9%.
  • The fund has given a return of 7.95% in last three years and ranked 1.0st out of twenty one funds in the category. In the same period the Short Duration Fund category average return was 7.59%.
  • The fund has given a return of 7.2% in last five years and ranked 3rd out of twenty funds in the category. In the same period the Short Duration Fund category average return was 6.78%.
  • The fund has given a return of 7.83% in last ten years and ranked 1st out of sixteen funds in the category. In the same period the category average return was 7.05%.
  • The fund has given a SIP return of 6.63% in last one year whereas category average SIP return is 6.0%. The fund one year return rank in the category is 2nd in 22 funds
  • The fund has SIP return of 5.56% in last three years and ranks 1st in 21 funds. The fund has given the highest SIP return in the category in last three years.
  • The fund has SIP return of 7.04% in last five years whereas category average SIP return is 6.59%.

ICICI Prudential Short Term Fund Risk Analysis

  • The fund has a standard deviation of 1.17 and semi deviation of 0.75. The category average standard deviation is 1.32 and semi deviation is 0.86.
  • The fund has a Value at Risk (VaR) of 0.0 and a maximum drawdown of -0.21. The category average VaR is -0.04 and the maximum drawdown is -0.31. The fund has a beta of 0.49 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Short Duration Fund Category
  • Good Performance in Short Duration Fund Category
  • Poor Performance in Short Duration Fund Category
  • Very Poor Performance in Short Duration Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.16
    0.15
    		-0.06 | 0.36 9 | 22 Good
    3M Return % 1.72
    1.58
    		1.29 | 1.85 3 | 22 Very Good
    6M Return % 3.18
    2.86
    		2.53 | 3.51 2 | 22 Very Good
    1Y Return % 5.96
    5.25
    		4.80 | 6.08 2 | 22 Very Good
    3Y Return % 7.31
    6.91
    		6.45 | 7.33 2 | 21 Very Good
    5Y Return % 6.51
    6.07
    		5.09 | 10.32 3 | 20 Very Good
    7Y Return % 6.94
    6.28
    		4.81 | 7.84 3 | 18 Very Good
    10Y Return % 7.06
    6.35
    		5.24 | 7.09 2 | 16 Very Good
    Standard Deviation 1.17
    1.32
    		1.09 | 1.57 2 | 21 Very Good
    Semi Deviation 0.75
    0.86
    		0.75 | 1.01 2 | 21 Very Good
    Max Drawdown % -0.21
    -0.31
    		-0.61 | -0.14 6 | 21 Very Good
    VaR 1 Y % 0.00
    -0.04
    		-0.22 | 0.00 13 | 21 Average
    Average Drawdown % 0.21
    0.22
    		0.09 | 0.41 9 | 21 Good
    Sharpe Ratio 1.38
    0.87
    		0.54 | 1.38 1 | 21 Very Good
    Sterling Ratio 0.73
    0.68
    		0.63 | 0.74 2 | 21 Very Good
    Sortino Ratio 0.84
    0.48
    		0.25 | 0.84 1 | 21 Very Good
    Jensen Alpha % 0.38
    -0.19
    		-0.59 | 0.42 2 | 21 Very Good
    Treynor Ratio 0.03
    0.02
    		0.01 | 0.03 1 | 21 Very Good
    Modigliani Square Measure % 1.64
    1.04
    		0.64 | 1.64 1 | 21 Very Good
    Alpha % -0.15
    -0.63
    		-1.19 | -0.15 1 | 21 Very Good
    Return data last Updated On : Sept. 9, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.21 0.21 0.00 | 0.42 9 | 23 Good
    3M Return % 1.87 1.75 1.41 | 2.00 4 | 23 Very Good
    6M Return % 3.49 3.17 2.82 | 3.76 3 | 23 Very Good
    1Y Return % 6.60 5.90 5.25 | 6.60 1 | 22 Very Good
    3Y Return % 7.95 7.59 7.15 | 7.95 1 | 21 Very Good
    5Y Return % 7.20 6.78 6.07 | 10.86 3 | 20 Very Good
    7Y Return % 7.67 7.00 5.97 | 8.38 3 | 18 Very Good
    10Y Return % 7.83 7.05 5.82 | 7.83 1 | 16 Very Good
    1Y SIP Return % 6.63 6.00 5.25 | 6.82 2 | 22 Very Good
    3Y SIP Return % 5.56 5.13 4.81 | 5.56 1 | 21 Very Good
    5Y SIP Return % 7.04 6.59 6.11 | 8.08 2 | 20 Very Good
    7Y SIP Return % 7.19 6.71 6.11 | 8.79 2 | 18 Very Good
    10Y SIP Return % 7.56 6.90 6.33 | 7.56 1 | 16 Very Good
    Standard Deviation 1.17 1.32 1.09 | 1.57 2 | 21 Very Good
    Semi Deviation 0.75 0.86 0.75 | 1.01 2 | 21 Very Good
    Max Drawdown % -0.21 -0.31 -0.61 | -0.14 6 | 21 Very Good
    VaR 1 Y % 0.00 -0.04 -0.22 | 0.00 13 | 21 Average
    Average Drawdown % 0.21 0.22 0.09 | 0.41 9 | 21 Good
    Sharpe Ratio 1.38 0.87 0.54 | 1.38 1 | 21 Very Good
    Sterling Ratio 0.73 0.68 0.63 | 0.74 2 | 21 Very Good
    Sortino Ratio 0.84 0.48 0.25 | 0.84 1 | 21 Very Good
    Jensen Alpha % 0.38 -0.19 -0.59 | 0.42 2 | 21 Very Good
    Treynor Ratio 0.03 0.02 0.01 | 0.03 1 | 21 Very Good
    Modigliani Square Measure % 1.64 1.04 0.64 | 1.64 1 | 21 Very Good
    Alpha % -0.15 -0.63 -1.19 | -0.15 1 | 21 Very Good
    Return data last Updated On : Sept. 9, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Icici Prudential Short Term Fund NAV Regular Growth Icici Prudential Short Term Fund NAV Direct Growth
    09-09-2026 64.5516 70.906
    08-09-2026 64.5465 70.8993
    07-09-2026 64.5269 70.8766
    04-09-2026 64.4896 70.8321
    03-09-2026 64.4626 70.8012
    02-09-2026 64.3752 70.7041
    01-09-2026 64.3489 70.674
    31-08-2026 64.3321 70.6545
    28-08-2026 64.3626 70.6845
    27-08-2026 64.3795 70.7018
    25-08-2026 64.3841 70.7046
    24-08-2026 64.3672 70.6848
    21-08-2026 64.3349 70.6459
    20-08-2026 64.3648 70.6776
    19-08-2026 64.4553 70.7758
    18-08-2026 64.4454 70.7638
    17-08-2026 64.4931 70.815
    14-08-2026 64.5082 70.828
    13-08-2026 64.4921 70.8092
    12-08-2026 64.4528 70.7649
    11-08-2026 64.4314 70.7402
    10-08-2026 64.4502 70.7597

    Fund Launch Date: 11/Dec/2012
    Fund Category: Short Duration Fund
    Investment Objective: To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
    Fund Description: An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 Year and 3 Years
    Fund Benchmark: CRISIL Short Term Bond Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.