Previously Known As : Icici Prudential Short Term Plan
Icici Prudential Short Term Fund Datagrid
Category Short Duration Fund
BMSMONEY Rank 1
Rating
Growth Option 27-01-2026
NAV ₹62.14(R) +0.01% ₹68.01(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 7.41% 7.6% 6.33% 7.32% 7.41%
Direct 8.04% 8.25% 7.04% 8.06% 8.19%
Benchmark
SIP (XIRR) Regular 5.93% 7.36% 7.04% 6.56% 6.91%
Direct 6.57% 8.0% 7.71% 7.25% 7.65%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.44 2.0 0.77 3.32% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.79% 0.0% 0.0% 0.53 0.52%
Fund AUM As on: 30/12/2025 23071 Cr
Top Short Duration Fund
Fund Name Rank Rating
Icici Prudential Short Term Fund 1
Axis Short Term Fund 2
Hdfc Short Term Debt Fund 3
Aditya Birla Sun Life Short Term Fund 4
Nippon India Short Term Fund 5

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
ICICI Prudential Short Term Fund - Monthly IDCW 12.06
0.0000
0.0100%
ICICI Prudential Short Term Fund - Direct Plan - Monthly IDCW 12.68
0.0000
0.0100%
ICICI Prudential Short Term Fund - Growth Option 62.14
0.0000
0.0100%
ICICI Prudential Short Term Fund - Direct Plan - Growth Option 68.01
0.0100
0.0100%

Review Date: 27-01-2026

Beginning of Analysis

Icici Prudential Short Term Fund is the top ranked fund in the Short Duration Fund category. The category has total 21 funds. The 5 star rating shows an excellent past performance of the Icici Prudential Short Term Fund in Short Duration Fund. The fund has a Jensen Alpha of 3.32% which is higher than the category average of 1.95%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 2.44 which is higher than the category average of 1.46.
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 0.07%, 1.14 and 2.65 in last one, three and six months respectively. In the same period the category average return was 0.04%, 0.82% and 2.21% respectively.
  • Icici Prudential Short Term Fund has given a return of 8.04% in last one year. In the same period the Short Duration Fund category average return was 7.44%.
  • The fund has given a return of 8.25% in last three years and ranked 1.0st out of 21 funds in the category. In the same period the Short Duration Fund category average return was 7.78%.
  • The fund has given a return of 7.04% in last five years and ranked 3rd out of 18 funds in the category. In the same period the Short Duration Fund category average return was 6.66%.
  • The fund has given a return of 8.19% in last ten years and ranked 1st out of 16 funds in the category. In the same period the category average return was 7.34%.
  • The fund has given a SIP return of 6.57% in last one year whereas category average SIP return is 5.78%. The fund one year return rank in the category is 1st in 21 funds
  • The fund has SIP return of 8.0% 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 7.71% in last five years whereas category average SIP return is 7.3%.

Icici Prudential Short Term Fund Risk Analysis

  • The fund has a standard deviation of 0.79 and semi deviation of 0.52. The category average standard deviation is 1.03 and semi deviation is 0.68.
  • 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 % 0.02
    -0.01
    		-0.11 | 0.12 5 | 21 Very Good
    3M Return % 0.99
    0.66
    		0.51 | 0.99 1 | 21 Very Good
    6M Return % 2.33
    1.88
    		1.54 | 2.33 1 | 21 Very Good
    1Y Return % 7.41
    6.76
    		6.06 | 7.41 1 | 21 Very Good
    3Y Return % 7.60
    7.09
    		6.32 | 7.60 1 | 21 Very Good
    5Y Return % 6.33
    5.95
    		4.81 | 10.10 3 | 18 Very Good
    7Y Return % 7.32
    6.39
    		4.72 | 7.32 1 | 17 Very Good
    10Y Return % 7.41
    6.63
    		5.51 | 7.41 1 | 16 Very Good
    1Y SIP Return % 5.93
    5.11
    		4.39 | 5.93 1 | 21 Very Good
    3Y SIP Return % 7.36
    6.91
    		6.39 | 7.36 1 | 21 Very Good
    5Y SIP Return % 7.04
    6.61
    		5.79 | 9.31 2 | 18 Very Good
    7Y SIP Return % 6.56
    6.04
    		4.92 | 8.03 2 | 17 Very Good
    10Y SIP Return % 6.91
    6.25
    		5.16 | 6.91 1 | 16 Very Good
    15Y SIP Return % 7.47
    6.90
    		6.21 | 7.47 1 | 14 Very Good
    Standard Deviation 0.79
    1.03
    		0.79 | 1.36 1 | 21 Very Good
    Semi Deviation 0.52
    0.68
    		0.52 | 0.84 1 | 21 Very Good
    Max Drawdown % 0.00
    -0.07
    		-0.37 | 0.00 9 | 21 Good
    Average Drawdown % 0.00
    -0.07
    		-0.37 | 0.00 9 | 21 Good
    Sharpe Ratio 2.44
    1.46
    		0.77 | 2.44 1 | 21 Very Good
    Sterling Ratio 0.77
    0.72
    		0.65 | 0.77 2 | 21 Very Good
    Sortino Ratio 2.00
    0.97
    		0.44 | 2.00 1 | 21 Very Good
    Jensen Alpha % 3.32
    1.95
    		0.90 | 3.60 2 | 21 Very Good
    Treynor Ratio 0.04
    0.02
    		0.01 | 0.04 1 | 21 Very Good
    Modigliani Square Measure % 9.27
    6.90
    		5.34 | 9.27 1 | 21 Very Good
    Alpha % -0.29
    -0.78
    		-1.46 | -0.28 2 | 21 Very Good
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.07 0.04 -0.06 | 0.16 5 | 21 Very Good
    3M Return % 1.14 0.82 0.68 | 1.14 1 | 21 Very Good
    6M Return % 2.65 2.21 1.96 | 2.65 1 | 21 Very Good
    1Y Return % 8.04 7.44 6.92 | 8.04 1 | 21 Very Good
    3Y Return % 8.25 7.78 7.26 | 8.25 1 | 21 Very Good
    5Y Return % 7.04 6.66 5.87 | 10.61 3 | 18 Very Good
    7Y Return % 8.06 7.10 5.23 | 8.06 1 | 17 Very Good
    10Y Return % 8.19 7.34 6.12 | 8.19 1 | 16 Very Good
    1Y SIP Return % 6.57 5.78 5.25 | 6.57 1 | 21 Very Good
    3Y SIP Return % 8.00 7.60 7.08 | 8.00 1 | 21 Very Good
    5Y SIP Return % 7.71 7.30 6.62 | 9.87 2 | 18 Very Good
    7Y SIP Return % 7.25 6.72 6.04 | 8.55 2 | 17 Very Good
    10Y SIP Return % 7.65 6.95 6.32 | 7.65 1 | 16 Very Good
    Standard Deviation 0.79 1.03 0.79 | 1.36 1 | 21 Very Good
    Semi Deviation 0.52 0.68 0.52 | 0.84 1 | 21 Very Good
    Max Drawdown % 0.00 -0.07 -0.37 | 0.00 9 | 21 Good
    Average Drawdown % 0.00 -0.07 -0.37 | 0.00 9 | 21 Good
    Sharpe Ratio 2.44 1.46 0.77 | 2.44 1 | 21 Very Good
    Sterling Ratio 0.77 0.72 0.65 | 0.77 2 | 21 Very Good
    Sortino Ratio 2.00 0.97 0.44 | 2.00 1 | 21 Very Good
    Jensen Alpha % 3.32 1.95 0.90 | 3.60 2 | 21 Very Good
    Treynor Ratio 0.04 0.02 0.01 | 0.04 1 | 21 Very Good
    Modigliani Square Measure % 9.27 6.90 5.34 | 9.27 1 | 21 Very Good
    Alpha % -0.29 -0.78 -1.46 | -0.28 2 | 21 Very Good
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    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
    27-01-2026 62.1416 68.0056
    23-01-2026 62.1375 67.9966
    22-01-2026 62.1326 67.99
    21-01-2026 62.0676 67.9177
    20-01-2026 62.0683 67.9174
    19-01-2026 62.0609 67.9081
    16-01-2026 62.0563 67.8998
    14-01-2026 62.0907 67.9351
    13-01-2026 62.121 67.9672
    12-01-2026 62.1552 68.0034
    09-01-2026 62.1083 67.9487
    08-01-2026 62.1019 67.9406
    07-01-2026 62.1137 67.9524
    06-01-2026 62.1225 67.9608
    05-01-2026 62.1297 67.9675
    02-01-2026 62.1558 67.9927
    01-01-2026 62.1581 67.9941
    31-12-2025 62.1336 67.9662
    30-12-2025 62.0946 67.9224
    29-12-2025 62.1275 67.9572

    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.