Asset	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Equity	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Debt	81.57%	76.22%	61.22%	60.45%	69.76%	94.53%
Others (incl. cash)	18.43%	23.78%	38.78%	39.55%	30.24%	5.47%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Portfolio Snapshot

No. of Securities

119

P/E Ratio

23.66

P/B Ratio

2.10

Top Holding %

18.43%

Top 5 Holdings %

33.35%

Top 10 Holdings %

44.66%

Modified Duration

0.44 yrs

Avg. Maturity

0.53 yrs

Yield to Maturity

7.79%

AUM

₹16,002 Cr

Expense Ratio

0.41%

Since Inception

7.94%

Max Drawdown

-0.07%

Sharpe Ratio

3.21

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
Reserve Bank of India	Financial	10,00,00,000	994.37	6.21%	-0.00%↓
HDFC Bank Ltd.	Financial	10,500	514.07	3.21%	-0.00%↓
Punjab National Bank	Financial	9,000	440.44	2.75%	-0.00%↓
HDFC Bank Ltd.	Financial	9,000	439.68	2.75%	0.61%↑
Small Industries Devp. Bank of India Ltd.	Financial	9,000	427.56	2.67%	-0.01%↓
National Bank For Agriculture & Rural Development	Financial	8,000	380.76	2.38%	-0.01%↓
Bajaj Housing Finance Ltd.	Financial	35,000	349.84	2.19%	-
Vedanta Ltd.	Metals & Mining	34,000	340.5	2.13%	-0.08%↓
GOI	Sovereign	3,07,73,600	310.19	1.94%	-0.01%↓
Radhakrishna Securitisation Trust	Others	300	296.02	1.85%	-0.01%↓
Small Industries Devp. Bank of India Ltd.	Financial	6,000	290.7	1.82%	-0.00%↓
Axis Bank Ltd.	Financial	6,000	286.1	1.79%	-0.00%↓
Angel One Ltd.	Financial	6,000	282.97	1.77%	-0.00%↓
Muthoot Finance Ltd.	Financial	27,500	274.86	1.72%	-0.02%↓
AU Small Finance Bank Ltd.	Financial	5,000	245.9	1.54%	0.00%↑
AU Small Finance Bank Ltd.	Financial	5,000	239.18	1.49%	-0.00%↓
Bank Of Baroda	Financial	5,000	238.72	1.49%	-0.00%↓
Indusind Bank Ltd.	Financial	5,000	237.37	1.48%	-0.00%↓
REC Ltd.	Financial	23,500	234.73	1.47%	0.15%↑
Piramal Finance Ltd.	Financial	23,000	230.62	1.44%	-0.01%↓

1 / 6

Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	31 Oct 2022	30 Apr 2018
Financial	0.42%	-
Metals & Mining	-	0.17%
Healthcare	-	0.00%

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
A1+	46.83%	54.64%
AAA	21.60%	23.04%
SOV	9.78%	6.25%
AA	9.63%	3.47%
AA+	7.49%	4.57%
Cash & Call Money	4.37%	6.88%
Others	0.30%	0.26%
AA-	-	0.53%
Cash	-	-1.12%
D	-	1.47%

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
Reserve Bank of India	Treasury Bills	0.00%	91-D 09/07/2026	SOV	6.21%
HDFC Bank Ltd.	Certificate of Deposit	0.00%	11/09/2026	CRISIL A1+	3.21%
HDFC Bank Ltd.	Certificate of Deposit	0.00%	21/09/2026	CRISIL A1+	2.75%
Punjab National Bank	Certificate of Deposit	0.00%	15/09/2026	CRISIL A1+	2.75%
Small Industries Devp. Bank of India Ltd.	Certificate of Deposit	0.00%	28/01/2027	CRISIL A1+	2.67%
National Bank For Agriculture & Rural Development	Certificate of Deposit	0.00%	22/01/2027	CRISIL A1+	2.38%
Bajaj Housing Finance Ltd.	Debenture	7.98%	09/09/2026	CRISIL AAA	2.19%
Vedanta Ltd.	Debenture	9.31%	03/12/2027	CRISIL AA	2.13%
GOI	GOI Securities	0.00%	04/10/2028	SOV	1.94%
Radhakrishna Securitisation Trust	Securitised Debt	0.00%	0	CRISIL AAA(SO)	1.85%
Small Industries Devp. Bank of India Ltd.	Certificate of Deposit	0.00%	27/10/2026	CRISIL A1+	1.82%
Axis Bank Ltd.	Certificate of Deposit	0.00%	13/01/2027	CRISIL A1+	1.79%
Angel One Ltd.	Commercial Paper	0.00%	365-D 29/01/2027	ICRA A1+	1.77%
Muthoot Finance Ltd.	Non Convertible Debenture	8.65%	15/03/2027	ICRA AA+	1.72%
AU Small Finance Bank Ltd.	Certificate of Deposit	0.00%	21/08/2026	CRISIL A1+	1.54%
AU Small Finance Bank Ltd.	Certificate of Deposit	0.00%	21/12/2026	CRISIL A1+	1.49%
Bank Of Baroda	Certificate of Deposit	0.00%	08/01/2027	FITCH A1+	1.49%
Indusind Bank Ltd.	Certificate of Deposit	0.00%	22/01/2027	CRISIL A1+	1.48%
REC Ltd.	Debenture	7.70%	31/08/2026	ICRA AAA	1.47%
Piramal Finance Ltd.	Non Convertible Debenture	9.10%	16/04/2027	CARE AA+	1.44%
Small Industries Devp. Bank of India Ltd.	Debenture	7.44%	04/09/2026	CRISIL AAA	1.31%
Nuvama Wealth and Investment Limited	Commercial Paper	0.00%	364-D 16/06/2026	CRISIL A1+	1.25%
National Bank For Agriculture & Rural Development	Debenture	7.80%	15/03/2027	ICRA AAA	1.25%
Motilal Oswal Home Finance Ltd.	Debenture	8.55%	07/01/2027	ICRA AA+	1.25%
Canara Bank	Certificate of Deposit	0.00%	15/09/2026	CRISIL A1+	1.22%
Manappuram Finance Ltd.	Commercial Paper	0.00%	313-D 15/09/2026	CRISIL A1+	1.22%
Axis Bank Ltd.	Certificate of Deposit	0.00%	10/09/2026	CRISIL A1+	1.22%
Equitas Small Finance Bank Ltd.	Certificate of Deposit	0.00%	11/09/2026	CRISIL A1+	1.22%
Motilal Oswal Financial Services Ltd.	Commercial Paper	0.00%	365-D 28/01/2027	CRISIL A1+	1.18%
Canara Bank	Certificate of Deposit	0.00%	04/03/2027	CRISIL A1+	1.18%
Small Industries Devp. Bank of India Ltd.	Non Convertible Debenture	7.55%	22/09/2026	CRISIL AAA	1.09%
Kotak Mahindra Bank Ltd.	Certificate of Deposit	0.00%	18/12/2026	CRISIL A1+	1.05%
National Bank For Agriculture & Rural Development	Debenture	7.58%	31/07/2026	CRISIL AAA	0.94%
DLF Cyber City Developers Ltd.	Non Convertible Debenture	8.40%	18/06/2027	ICRA AAA	0.94%
LIC Housing Finance Ltd.	Floating Rate Bond	7.74%	11/02/2028	CRISIL AAA	0.93%
Nirma Ltd.	Debenture	8.50%	07/04/2027	CRISIL AA	0.91%
Manappuram Finance Ltd.	Commercial Paper	0.00%	313-D 21/09/2026	CRISIL A1+	0.91%
Power Finance Corporation Ltd.	Debenture	7.13%	15/07/2026	CRISIL AAA	0.91%
MashreqBank PSC	Certificate of Deposit	0.00%	14/12/2026	CRISIL A1+	0.90%
Embassy Office Parks REIT	Non Convertible Debenture	7.05%	18/10/2026	CRISIL AAA	0.90%
National Bank For Agriculture & Rural Development	Certificate of Deposit	0.00%	03/02/2027	CRISIL A1+	0.89%
National Bank For Agriculture & Rural Development	Certificate of Deposit	0.00%	17/02/2027	CRISIL A1+	0.89%
Panatone Finvest Ltd	Commercial Paper	0.00%	364-D 11/01/2027	CRISIL A1+	0.89%
Yes Bank Ltd.	Certificate of Deposit	0.00%	05/03/2027	CRISIL A1+	0.88%
Mahindra & Mahindra Ltd.	Debenture	7.57%	25/09/2026	CRISIL AAA	0.78%
National Bank For Agriculture & Rural Development	Floating Rate Bond	7.50%	0	CRISIL AAA	0.78%
Nuvama Wealth Finance Ltd.	Non Convertible Debenture	0.00%	22/07/2027	CARE AA	0.78%
360 ONE Wealth Ltd.	Debenture	0.00%	25/07/2028	ICRA AA	0.69%
Power Finance Corporation Ltd.	Debenture	7.77%	15/07/2026	CRISIL AAA	0.63%
Godrej Industries Ltd.	Non Convertible Debenture	8.29%	26/02/2027	CRISIL AA+	0.62%
UNO Minda Ltd.	Non Convertible Debenture	7.75%	24/12/2026	ICRA AA+	0.62%
Karnataka State	State Development Loan	5.70%	15/07/2026	SOV	0.62%
National Bank For Agriculture & Rural Development	Debenture	7.70%	30/09/2027	ICRA AAA	0.62%
Power Finance Corporation Ltd.	Non Convertible Debenture	7.64%	25/08/2026	CRISIL AAA	0.62%
Motilal Oswal Financial Services Ltd.	Non Convertible Debenture	8.15%	12/12/2028	CRISIL AA	0.62%
Nuvama Wealth and Investment Limited	Non Convertible Debenture	8.90%	15/03/2028	ICRA AA	0.62%
Manappuram Finance Ltd.	Non Convertible Debenture	0.00%	15/12/2027	CRISIL AA	0.62%
IDFC First Bank Ltd.	Certificate of Deposit	0.00%	03/02/2027	CRISIL A1+	0.59%
Phoenix ARC Pvt Ltd.	Commercial Paper	0.00%	351-D 15/12/2026	CRISIL A1+	0.59%
Small Industries Devp. Bank of India Ltd.	Certificate of Deposit	0.00%	29/01/2027	CRISIL A1+	0.59%
HDFC Bank Ltd.	Certificate of Deposit	0.00%	05/02/2027	CRISIL A1+	0.59%
HDFC Bank Ltd.	Certificate of Deposit	0.00%	22/01/2027	CRISIL A1+	0.59%
National Bank For Agriculture & Rural Development	Certificate of Deposit	0.00%	28/01/2027	CRISIL A1+	0.59%
LIC Housing Finance Ltd.	Bonds	7.95%	26/03/2027	CRISIL AAA	0.47%
JM Financial Credit Solutions Ltd.	Debenture	9.30%	15/02/2027	ICRA AA	0.47%
ICICI Home Finance Company Ltd.	Bonds	8.07%	14/09/2026	CARE AAA	0.47%
360 ONE Wealth Ltd.	Non Convertible Debenture	8.95%	04/06/2027	ICRA AA	0.47%
LIC Housing Finance Ltd.	Debenture	7.86%	20/08/2026	CRISIL AAA	0.47%
JM Financial Services Pvt. Ltd.	Non Convertible Debenture	8.40%	18/11/2027	ICRA AA	0.46%
Axis Bank Ltd.	Certificate of Deposit	0.00%	10/08/2026	CRISIL A1+	0.46%
Canara Bank	Certificate of Deposit	0.00%	14/09/2026	CRISIL A1+	0.46%
JM Financial Services Pvt. Ltd.	Commercial Paper	0.00%	301-D 28/08/2026	CRISIL A1+	0.46%
Small Industries Devp. Bank of India Ltd.	Certificate of Deposit	0.00%	18/02/2027	CRISIL A1+	0.44%
Mahindra Rural Housing Finance Ltd.	Non Convertible Debenture	0.00%	0	CRISIL AAA	0.37%
Telangana State	State Development Loan	7.79%	01/03/2027	SOV	0.35%
SPR Auto Technologies Ltd.	Debenture	7.35%	23/02/2028	FITCH AA+	0.32%
Muthoot Finance Ltd.	Debenture	8.90%	17/06/2027	CRISIL AA+	0.31%
REC Ltd.	Debenture	7.51%	31/07/2026	CRISIL AAA	0.31%
Mahindra Rural Housing Finance Ltd.	Non Convertible Debenture	8.32%	12/05/2027	CRISIL AAA	0.31%
UNO Minda Ltd.	Non Convertible Debenture	7.75%	04/01/2027	ICRA AA+	0.31%
West Bengal State	State Development Loan	7.21%	25/01/2027	SOV	0.31%
Aavas Financiers Ltd.	Non Convertible Debenture	8.42%	15/01/2030	CARE AA	0.31%
Kotak Mahindra Bank Ltd.	Certificate of Deposit	0.00%	31/08/2026	CRISIL A1+	0.31%
LIC Housing Finance Ltd.	Debenture	6.40%	30/11/2026	CRISIL AAA	0.31%
Housing & Urban Development Corporation Ltd.	Debenture	7.48%	20/08/2026	ICRA AAA	0.31%
360 ONE Wealth Ltd.	Non Convertible Debenture	8.75%	07/10/2027	ICRA AA	0.31%
Small Industries Devp. Bank of India Ltd.	Debenture	7.43%	0	CRISIL AAA	0.31%
360 ONE Wealth Ltd.	Non Convertible Debenture	8.75%	17/09/2027	ICRA AA	0.31%
360 ONE Wealth Ltd.	Non Convertible Debenture	8.80%	22/06/2028	ICRA AA	0.31%
Bahadur Chand Investments Pvt. Ltd.	Debenture	9.25%	01/03/2028	ICRA AA+	0.31%
Bank Of Baroda	Certificate of Deposit	0.00%	05/02/2027	FITCH A1+	0.30%
Canara Bank	Certificate of Deposit	0.00%	02/03/2027	CRISIL A1+	0.30%
Motilal Oswal Finevest Ltd.	Bonds	8.80%	10/09/2027	CRISIL AA	0.28%
Bihar State	State Development Loan	7.78%	01/03/2027	SOV	0.28%
Manappuram Finance Ltd.	Non Convertible Debenture	9.10%	19/08/2026	CRISIL AA	0.24%
SPR Auto Technologies Ltd.	Debenture	7.30%	23/08/2027	FITCH AA+	0.24%
LIC Housing Finance Ltd.	Debenture	6.17%	03/09/2026	CRISIL AAA	0.16%
Shriram Finance Ltd	Non Convertible Debenture	0.00%	03/10/2026	CRISIL AAA	0.16%
REC Ltd.	Debenture	7.77%	30/09/2026	CRISIL AAA	0.16%
Tata Capital Housing Finance Ltd.	Debenture	6.50%	15/06/2026	CRISIL AAA	0.16%
National Bank For Agriculture & Rural Development	Bonds	7.44%	24/02/2028	CRISIL AAA	0.16%
Muthoot Finance Ltd.	Debenture	8.78%	20/05/2027	CRISIL AA+	0.16%
Muthoot Finance Ltd.	Debenture	9.02%	14/07/2027	CRISIL AA+	0.16%
Bank Of Baroda	Certificate of Deposit	0.00%	16/09/2026	FITCH A1+	0.15%
National Bank For Agriculture & Rural Development	Certificate of Deposit	0.00%	27/01/2027	CRISIL A1+	0.15%
The Federal Bank Ltd.	Certificate of Deposit	0.00%	08/06/2026	CRISIL A1+	0.12%
Phoenix ARC Pvt Ltd.	Debenture	8.95%	23/12/2027	CRISIL AA	0.10%
Export-Import Bank Of India	Commercial Paper	0.00%	109-D 01/06/2026	CRISIL A1+	0.06%
REC Ltd.	Bonds/Debentures	8.06%	27/03/2028	CRISIL AAA	0.06%
REC Ltd.	Debenture	8.09%	21/03/2028	CRISIL AAA	0.06%
REC Ltd.	Bonds	7.44%	29/02/2028	CRISIL AAA	0.06%
Bharti Telecom Ltd.	Debenture	7.35%	15/10/2027	CRISIL AAA	0.06%
Reserve Bank of India	Treasury Bills	0.00%	364-D 17/09/2026	SOV	0.06%
Muthoot Finance Ltd.	Non Convertible Debenture	8.97%	18/01/2027	CRISIL AA+	0.03%
Power Finance Corporation Ltd.	Non Convertible Debenture	7.30%	07/08/2027	CRISIL AAA	0.02%
Kotak Mahindra Investments Ltd.	Debenture	8.22%	27/11/2026	CRISIL AAA	0.01%
Tata Capital Housing Finance Ltd.	Bonds/NCDs	7.84%	18/09/2026	CRISIL AAA	0.01%
Others	Interest Rate Swap	0.00%	0	-	-14.06%

Frequently Asked Questions

What are the top holdings of ICICI Prudential Ultra Short Term Fund Direct-Growth?

The top holdings of ICICI Prudential Ultra Short Term Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.

How many stocks does ICICI Prudential Ultra Short Term Fund Direct-Growth hold in its portfolio?

ICICI Prudential Ultra Short Term Fund Direct-Growth holds 119 securities in its portfolio. The top 5 holdings account for 33.35% of the portfolio and the top 10 for 44.66% — a well-diversified portfolio that minimises stock-specific risk.

What is the sector allocation of ICICI Prudential Ultra Short Term Fund Direct-Growth?

The sector allocation of ICICI Prudential Ultra Short Term Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.

What is the equity and debt allocation of ICICI Prudential Ultra Short Term Fund Direct-Growth?

As of 31 May 2026, ICICI Prudential Ultra Short Term Fund Direct-Growth has 0.00% in equity, 81.57% in debt and 18.43% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.79%.

What is the market cap allocation of ICICI Prudential Ultra Short Term Fund Direct-Growth?

The market cap distribution of ICICI Prudential Ultra Short Term Fund Direct-Growth — Large, Mid and Small Cap — is shown as a chart in the Holdings Analysis section.

Is ICICI Prudential Ultra Short Term Fund Direct-Growth a concentrated or diversified fund?

ICICI Prudential Ultra Short Term Fund Direct-Growth holds 119 securities, with the top 10 accounting for 44.66% of the portfolio and the top 5 for 33.35%. With 119 holdings, this is a well-diversified fund — stock-specific risk is limited.

What is the credit quality of ICICI Prudential Ultra Short Term Fund Direct-Growth?

The debt holdings of ICICI Prudential Ultra Short Term Fund Direct-Growth are rated as follows — A1+: 46.83%, AAA: 21.60%, SOV: 9.78%, AA: 9.63%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.

How often does ICICI Prudential Ultra Short Term Fund Direct-Growth change its portfolio?

The portfolio currently holds 119 securities with the top 10 accounting for 44.66% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.

What is the PE ratio of ICICI Prudential Ultra Short Term Fund Direct-Growth's portfolio?

The weighted average PE ratio of ICICI Prudential Ultra Short Term Fund Direct-Growth's portfolio is 23.66 and the PB ratio is 2.10. The debt portfolio has a modified duration of 0.44 years and an average maturity of 0.53 years. These metrics reflect the overall valuation and interest rate sensitivity of the portfolio.

When is the latest portfolio disclosure for ICICI Prudential Ultra Short Term Fund Direct-Growth?

The latest portfolio disclosure for ICICI Prudential Ultra Short Term Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.

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Asset

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

31 Jan 2026

31 Dec 2025

Equity

0.00%

Debt

81.57%

76.22%

61.22%

60.45%

69.76%

94.53%

Others (incl. cash)

18.43%

23.78%

38.78%

39.55%

30.24%

5.47%

Commodities

0.00%

Real Estate

0.00%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

Reserve Bank of India

Financial

10,00,00,000

994.37

6.21%

-0.00%↓

HDFC Bank Ltd.

Financial

10,500

514.07

3.21%

-0.00%↓

Punjab National Bank

Financial

9,000

440.44

2.75%

-0.00%↓

HDFC Bank Ltd.

Financial

9,000

439.68

2.75%

0.61%↑

Small Industries Devp. Bank of India Ltd.

Financial

9,000

427.56

2.67%

-0.01%↓

National Bank For Agriculture & Rural Development

Financial

8,000

380.76

2.38%

-0.01%↓

Bajaj Housing Finance Ltd.

Financial

35,000

349.84

2.19%

Vedanta Ltd.

Metals & Mining

34,000

340.5

2.13%

-0.08%↓

GOI

Sovereign

3,07,73,600

310.19

1.94%

-0.01%↓

Radhakrishna Securitisation Trust

Others

300

296.02

1.85%

-0.01%↓

Small Industries Devp. Bank of India Ltd.

Financial

6,000

290.7

1.82%

-0.00%↓

Axis Bank Ltd.

Financial

6,000

286.1

1.79%

-0.00%↓

Angel One Ltd.

Financial

6,000

282.97

1.77%

-0.00%↓

Muthoot Finance Ltd.

Financial

27,500

274.86

1.72%

-0.02%↓

AU Small Finance Bank Ltd.

Financial

5,000

245.9

1.54%

0.00%↑

AU Small Finance Bank Ltd.

Financial

5,000

239.18

1.49%

-0.00%↓

Bank Of Baroda

Financial

5,000

238.72

1.49%

-0.00%↓

Indusind Bank Ltd.

Financial

5,000

237.37

1.48%

-0.00%↓

REC Ltd.

Financial

23,500

234.73

1.47%

0.15%↑

Piramal Finance Ltd.

Financial

23,000

230.62

1.44%

-0.01%↓

Sector

31 Oct 2022

30 Apr 2018

Financial

0.42%

Metals & Mining

0.17%

Healthcare

0.00%

Rating

Fund