ICICI Prudential Ultra Short Term Fund Direct-Growth
Debt: Ultra Short Duration - Growth (Open ended) Factsheet
SEBI Riskometer: ModerateCategory: Debt: Ultra Short DurationBenchmark: NIFTY Ultra Short Duration Debt Index A-I
NAV: ₹32.03-0.05%
07 Jul 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for ICICI Prudential Ultra Short Term Fund Direct-Growth.
Historical Asset Allocation
| 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%↓ |
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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.