ICICI Prudential Ultra Short Term Fund - Growth

20.2338

( NAV change from the previous, NAV as on 11/11/2019 )

Launch Date

2011-05-03 00:00:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY Ultra Short Duration Debt

Fund Manager

Ritesh Lunawat, Manish Banthia

Risk: Moderate

ICICI Prudential Regular Gold Savings Fund Overview

ICICI Prudential Ultra Short Term Fund is a debt scheme under ultra short duration. Formerly ICICI Prudential Ultra Short Term Fund was named ICICI Prudential Regular Income Fund. The investment objective of ICICI Prudential Ultra Short Term Fund is to generate short term regular income. The investment aim of ICICI Prudential Ultra Short Term Fund growth plan is to invest in a variety of money market and debt securities. ICICI Prudential Ultra Short Term Fund is an open ended fund which invests in such a way that the Macaulay duration of the portfolio range between 3 to 6 months. Mr. Ritesh Lunawat and Mr. Manish Banthia professionally manages ICICI Prudential Ultra Short Term Fund. You can look at ICICI Prudential Ultra Short Term Fund performance before going for ICICI Prudential Ultra Short Term Fund apply online. The minimum investment for ICICI Prudential Ultra Short Term Fund growth plan is Rs. 5000.

Eligibility Criteria to invest in ICICI Prudential Ultra Short Term Fund

  • Individual should be an Indian Citizen
  • Financial Institutions and Investment Institutions
  • Minor through parent/lawful guardian
  • Association of Persons
  • Foreign Institutional Investors
  • Companies
  • Non-resident Indians/Persons of Indian origin residing abroad
  • Karta of Hindu Undivided Family
  • Partner(s) of Partnership Firms.
  • Societies
  • Trusts

Documents Required for ICICI Prudential Ultra Short Term Fund

The documents which are required for ICICI Prudential Ultra Short Term Fund are-

  • PAN Card
  • Passport size photographs
  • ID Proof- AADHAR Card, Voter ID Card
  • Declaration of 3rd party (for minors)
  • Residential Proof- Utility bills, Driving License
  • KYC Acknowledgment
  • Duly filled application form

Advantages of ICICI Prudential Ultra Short Term Fund

  • You can easily evaluate ICICI Prudential Ultra Short Term Fund performance before investing in it. You can check complete details of the fund's performance ranging from 1 month to 10 years.
  • ICICI Prudential Ultra Short Term Fund investment is directly under SEBI's norms. So, you do not have to worry about any kind of fraudulent case.
  • You can opt for ICICI Prudential Ultra Short Term Fund growth plan investment through SIP mode. You can easily invest a certain amount of money every month as SIP in the fund without affecting your budget.
  • ICICI Prudential Ultra Short Term Fund investment plan ensures high liquidity. So, there is no boundation on investment and redemption time because of the fund's liquidity.
  • The exit load is nil for ICICI Prudential Ultra Short Term Fund. And the processing fee for ICICI Prudential Ultra Short Term Fund growth plan is very low.
  • You can check online for ICICI Prudential Ultra Short Term Fund portfolio before deciding to invest in it.
  • Expert fund managers takes good care of ICICI Prudential Ultra Short Term Fund regular growth plan investment by performing intensive research. So, you do not have to worry about your investment.
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