Previously Known As : Icici Prudential Regular Income Fund
Icici Prudential Ultra Short Term Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 5
Rating
Growth Option 19-08-2026
NAV ₹29.72(R) +0.01% ₹32.28(D) +0.01%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.26% 7.0% 6.27% 6.21% 6.68%
Direct 6.68% 7.42% 6.73% 6.72% 7.26%
Benchmark
SIP (XIRR) Regular -24.29% -0.75% 3.46% 4.05% 4.84%
Direct -23.97% -0.33% 3.9% 4.51% 5.34%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.64 1.91 0.7 0.75% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.44% 0.0% 0.0% 0.15 0.29%
Fund AUM As on: 30/12/2025 18410 Cr
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Baroda BNP Paribas Ultra Short Duration Fund 3
- 4
ICICI Prudential Ultra Short Term Fund 5

NAV Date: 19-08-2026

Scheme Name NAV Rupee Change Percent Change
ICICI Prudential Ultra Short Term Fund - Direct Plan - Daily IDCW 10.01
0.0000
0.0000%
ICICI Prudential Ultra Short Term Fund - Weekly IDCW 10.07
0.0000
0.0100%
ICICI Prudential Ultra Short Term Fund - Daily IDCW 10.08
0.0000
0.0000%
ICICI Prudential Ultra Short Term Fund - Direct Plan - Weekly IDCW 10.09
0.0000
0.0100%
ICICI Prudential Ultra Short Term Fund - Monthly IDCW 10.69
0.0000
0.0100%
ICICI Prudential Ultra Short Term Fund - Direct Plan - Monthly IDCW 10.82
0.0000
0.0100%
ICICI Prudential Ultra Short Term Fund - Quarterly IDCW 11.09
0.0000
0.0100%
ICICI Prudential Ultra Short Term Fund - Direct Plan - Quarterly IDCW 11.31
0.0000
0.0100%
ICICI Prudential Ultra Short Term Fund - Growth 29.72
0.0000
0.0100%
ICICI Prudential Ultra Short Term Fund - Direct Plan - Growth 32.28
0.0000
0.0100%

Review Date: 19-08-2026

Beginning of Analysis

ICICI Prudential Ultra Short Term Fund is the 4th ranked fund in the Ultra Short Duration Fund category. The category has total 23 funds. The 5 star rating shows an excellent past performance of the ICICI Prudential Ultra Short Term Fund in Ultra Short Duration Fund. The fund has a Jensen Alpha of 0.75% which is higher than the category average of 0.45%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 2.64 which is higher than the category average of 1.96.
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.
Ultra Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with minimal interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 3 to 6 months, making them less sensitive to interest rate changes compared to longer-duration funds. While they offer stable 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 Ultra Short Term Fund Return Analysis

  • ICICI Prudential Ultra Short Term Fund has given a return of 6.68% in last one year. In the same period the Ultra Short Duration Fund category average return was 6.6%.
  • The fund has given a return of 7.42% in last three years and ranked 7.0th out of twenty funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.29%.
  • The fund has given a return of 6.73% in last five years and ranked 3rd out of nineteen funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.57%.
  • The fund has given a return of 7.26% in last ten years and ranked 1st out of eight funds in the category. In the same period the category average return was 6.68%.
  • The fund has given a SIP return of -23.97% in last one year whereas category average SIP return is -23.99%. The fund one year return rank in the category is 9th in 21 funds
  • The fund has SIP return of -0.33% in last three years and ranks 6th in 20 funds. Nippon India Ultra Short Duration Fund has given the highest SIP return (-0.15%) in the category in last three years.
  • The fund has SIP return of 3.9% in last five years whereas category average SIP return is 3.76%.

ICICI Prudential Ultra Short Term Fund Risk Analysis

  • The fund has a standard deviation of 0.44 and semi deviation of 0.29. The category average standard deviation is 0.43 and semi deviation is 0.29.
  • The fund has a beta of 0.1 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 Ultra Short Duration Fund Category
  • Good Performance in Ultra Short Duration Fund Category
  • Poor Performance in Ultra Short Duration Fund Category
  • Very Poor Performance in Ultra 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 % 0.58
    0.57
    		0.52 | 0.62 10 | 20 Good
    3M Return % 1.91
    1.84
    		1.67 | 1.99 5 | 20 Very Good
    1Y Return % 6.26
    6.01
    		5.24 | 6.41 5 | 20 Very Good
    3Y Return % 7.00
    6.71
    		5.98 | 7.26 4 | 20 Very Good
    5Y Return % 6.27
    6.04
    		5.48 | 6.53 5 | 19 Very Good
    7Y Return % 6.21
    5.74
    		5.24 | 6.40 2 | 15 Very Good
    10Y Return % 6.68
    6.17
    		5.53 | 6.83 2 | 8 Very Good
    1Y SIP Return % -24.29
    -24.44
    		-25.02 | -24.13 5 | 20 Very Good
    3Y SIP Return % -0.75
    -1.03
    		-1.77 | -0.52 4 | 20 Very Good
    5Y SIP Return % 3.46
    3.21
    		2.71 | 3.70 4 | 19 Very Good
    7Y SIP Return % 4.05
    3.78
    		3.36 | 4.27 4 | 15 Very Good
    10Y SIP Return % 4.84
    4.43
    		3.93 | 5.05 2 | 8 Very Good
    15Y SIP Return % 5.96
    5.47
    		4.99 | 6.09 2 | 8 Very Good
    Standard Deviation 0.44
    0.43
    		0.31 | 0.50 16 | 23 Average
    Semi Deviation 0.29
    0.29
    		0.22 | 0.35 14 | 23 Average
    Sharpe Ratio 2.64
    1.96
    		-0.27 | 2.91 5 | 23 Very Good
    Sterling Ratio 0.70
    0.67
    		0.57 | 0.73 5 | 23 Very Good
    Sortino Ratio 1.91
    1.31
    		-0.10 | 2.22 5 | 23 Very Good
    Jensen Alpha % 0.75
    0.45
    		-0.34 | 0.93 4 | 23 Very Good
    Treynor Ratio 0.09
    0.07
    		0.01 | 0.10 2 | 23 Very Good
    Modigliani Square Measure % 2.19
    1.63
    		-0.22 | 2.41 5 | 23 Very Good
    Alpha % -1.12
    -1.43
    		-2.34 | -0.84 4 | 23 Very Good
    Return data last Updated On : Aug. 19, 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 % 0.61 0.62 0.56 | 0.65 16 | 21 Average
    3M Return % 2.01 1.99 1.85 | 2.07 10 | 21 Good
    1Y Return % 6.68 6.60 6.33 | 6.94 7 | 21 Good
    3Y Return % 7.42 7.29 6.92 | 7.59 7 | 20 Good
    5Y Return % 6.73 6.57 6.18 | 7.15 3 | 19 Very Good
    7Y Return % 6.72 6.28 5.81 | 6.73 2 | 15 Very Good
    10Y Return % 7.26 6.68 6.14 | 7.26 1 | 8 Very Good
    1Y SIP Return % -23.97 -23.99 -24.17 | -23.70 9 | 21 Good
    3Y SIP Return % -0.33 -0.45 -0.72 | -0.15 6 | 20 Good
    5Y SIP Return % 3.90 3.76 3.41 | 4.08 5 | 19 Very Good
    7Y SIP Return % 4.51 4.32 3.88 | 4.96 3 | 15 Very Good
    10Y SIP Return % 5.34 4.95 4.53 | 5.34 1 | 8 Very Good
    Standard Deviation 0.44 0.43 0.31 | 0.50 16 | 23 Average
    Semi Deviation 0.29 0.29 0.22 | 0.35 14 | 23 Average
    Sharpe Ratio 2.64 1.96 -0.27 | 2.91 5 | 23 Very Good
    Sterling Ratio 0.70 0.67 0.57 | 0.73 5 | 23 Very Good
    Sortino Ratio 1.91 1.31 -0.10 | 2.22 5 | 23 Very Good
    Jensen Alpha % 0.75 0.45 -0.34 | 0.93 4 | 23 Very Good
    Treynor Ratio 0.09 0.07 0.01 | 0.10 2 | 23 Very Good
    Modigliani Square Measure % 2.19 1.63 -0.22 | 2.41 5 | 23 Very Good
    Alpha % -1.12 -1.43 -2.34 | -0.84 4 | 23 Very Good
    Return data last Updated On : Aug. 19, 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 Ultra Short Term Fund NAV Regular Growth Icici Prudential Ultra Short Term Fund NAV Direct Growth
    19-08-2026 29.715 32.2772
    18-08-2026 29.7111 32.2727
    17-08-2026 29.7072 32.2681
    14-08-2026 29.699 32.2581
    13-08-2026 29.6916 32.2498
    12-08-2026 29.6858 32.2432
    11-08-2026 29.6837 32.2405
    10-08-2026 29.6777 32.2337
    07-08-2026 29.6588 32.2121
    06-08-2026 29.653 32.2055
    05-08-2026 29.6458 32.1972
    04-08-2026 29.6354 32.1856
    03-08-2026 29.6298 32.1793
    31-07-2026 29.6087 32.1553
    30-07-2026 29.6001 32.1456
    29-07-2026 29.5983 32.1433
    28-07-2026 29.594 32.1383
    27-07-2026 29.5885 32.1319
    24-07-2026 29.5687 32.1094
    23-07-2026 29.5634 32.1033
    22-07-2026 29.5569 32.0959
    21-07-2026 29.5554 32.0939
    20-07-2026 29.5437 32.0809

    Fund Launch Date: 14/Apr/2011
    Fund Category: Ultra Short Duration Fund
    Investment Objective: 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.
    Fund Description: An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months.
    Fund Benchmark: Nifty Ultra Short Duration Debt Index
    Source: Fund FactSheet

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