ICICI Prudential Ultra Short to Short Term Fund Direct-Growth
Debt: Ultra Short to Short Term - Growth (Open ended) Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Ultra Short to Short TermBenchmark: NIFTY Low Duration Debt Index A-ICheck Portfolio Overlap →
NAV: ₹595.96+0.06%
07 Sept 2026
Similar Funds
Side-by-side comparison of ICICI Prudential Ultra Short to Short Term Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | +6.66% | 6.47% | 1 / 25 |
| 3Y Return | +7.52% | 7.36% | 4 / 20 |
| 5Y Return | +6.70% | 6.68% | 8 / 20 |
| 10Y Return | +7.15% | 6.32% | 4 / 19 |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Debt: Ultra Short to Short Term
Top funds by AUM in the Debt: Ultra Short to Short Term category — see how ICICI Prudential Ultra Short to Short Term Fund Direct-Growth compares on size and returns.
Funds Tracking NIFTY Low Duration Debt Index A-I
Top funds tracking the NIFTY Low Duration Debt Index A-I — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to ICICI Prudential Ultra Short to Short Term Fund Direct-Growth?
Funds similar to ICICI Prudential Ultra Short to Short Term Fund Direct-Growth in the Debt: Ultra Short to Short Term category include HDFC Ultra Short to Short Term Fund Direct-Growth, Kotak Ultra Short to Short Term Fund Direct-Growth, and SBI Ultra Short to Short Term Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of ICICI Prudential Ultra Short to Short Term Fund Direct-Growth in its category?
On a 3-year return basis ICICI Prudential Ultra Short to Short Term Fund Direct-Growth is ranked 4 out of 20 funds in the Debt: Ultra Short to Short Term category as of 6 Sep 2026. On a 5-year return basis it ranks 8 out of 20. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does ICICI Prudential Ultra Short to Short Term Fund Direct-Growth's expense ratio compare to similar funds?
ICICI Prudential Ultra Short to Short Term Fund Direct-Growth has an expense ratio of 0.42%. The peers HDFC Ultra Short to Short Term Fund Direct-Growth has an expense ratio of 0.46% and Kotak Ultra Short to Short Term Fund Direct-Growth has 0.41%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does ICICI Prudential Ultra Short to Short Term Fund Direct-Growth's AUM compare to similar funds?
ICICI Prudential Ultra Short to Short Term Fund Direct-Growth has an AUM of ₹21,047.2 crore. The peers HDFC Ultra Short to Short Term Fund Direct-Growth has an AUM of ₹17,793 crore and Kotak Ultra Short to Short Term Fund Direct-Growth has ₹12,093.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Ultra Short to Short Term?
The top performing fund in the Debt: Ultra Short to Short Term category on a 3-year basis is HSBC Ultra Short to Short Term Fund Direct-Growth with a CAGR of 7.92% as of 6 Sep 2026. ICICI Prudential Ultra Short to Short Term Fund Direct-Growth has delivered 7.52% CAGR over the same period, ranking 4 out of 20 funds. You can view and compare the full category ranking on sharpely.
How does ICICI Prudential Ultra Short to Short Term Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, ICICI Prudential Ultra Short to Short Term Fund Direct-Growth has a Sharpe ratio of 2.37 compared to the Debt: Ultra Short to Short Term average of 2.18 as of 6 Sep 2026. It ranks 5 out of 20 funds in its category on Sharpe ratio.