YEAR

ICICI Prudential Short Term Fund

20

S
Category
Since

(An open ended short term debt scheme investing in instruments such that the Macaulay duration
2001
Short Duration Fund
of the portfolio is between 1 Year and 3 Years (please refer to page no. 134 for definition of Macaulay
Duration). A relatively high interest rate risk and moderate credit risk.)

Returns of ICICI Prudential Short Term Fund - Growth Option as on December 31, 2023
Style Box
Particulars 1 Year 3 Years 5 Years Since inception
Credit Quality CAGR Current CAGR Current CAGR Current CAGR Current
High Medium Low
Duration (%) Value of (%) Value of (%) Value of (%) Value of
Low Investment Investment Investment Investment
Short
of Rs. 10000 of Rs. 10000 of Rs. 10000 of Rs. 10000
Scheme 7.42 10740.09 5.31 11676.39 7.22 14168.85 7.84 53367.40
Medium
NIFTY Short Duration Debt Index B-II (Benchmark) 7.55 10753.02 5.53 11748.46 6.94 13980.78 7.68 51694.34
Medium to Long
CRISIL 10 Year Gilt Index (Additional Benchmark) 7.84 10781.76 3.16 10975.73 5.79 13246.66 6.81 43189.59
Long
NAV (Rs.) Per Unit (as on December 29,2023 : 53.3674) 49.6899 45.7054 37.6653 10.00
Notes:
Potential Risk Class (PRC) 1. Different plans shall have different expense structure. The performance details provided herein are of ICICI Prudential Short Term Fund.
2. The scheme is currently managed by Manish Banthia and Nikhil Kabra. Mr. Manish Banthia has been managing this fund since Nov 2009. Total Schemes managed by the Fund Manager is 21 (21 are jointly
Relatively Moderate Relatively managed).
Credit Risk
Low (Class B) High Mr. Nikhil Kabra has been managing this fund since Dec 2020. Total Schemes managed by the Fund Manager is 7 (7 are jointly managed). Refer annexure at the following link for performance of other funds being
Interest Rate Risk (Class A) (Class C) managed by the fund managers.
3. Date of inception: 25-Oct-01.
Relatively Low 4. Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment.
(Class I) 5. Load is not considered for computation of returns.
Moderate 6. In case, the start/end date of the concerned period is a nonbusiness date (NBD), the NAV of the previous date is considered for computation of returns. The NAV per unit shown in the table is as on the start date of
(Class II) the said period
7. As the scheme was launched before the launch of the benchmark index, benchmark index figures since inception or the required period are not available.
Relatively High
B-III 8. Investors please note that the benchmark of the Scheme has changed to NIFTY Short Duration Debt Index B-II with effect from April 1, 2022.
(Class III)

Scheme Details

Fund Managers** : Inception/Allotment date: NAV (As on 29-Dec-23): `

Manish Banthia IPSTP : 25-Oct-01 Growth Option : 53.3674 ` `

(Managing this fund since Nov, 2009 & Direct Plan Growth Option : 57.7002
IPSTP Institutional Option : 03-Apr-03
Overall 20 years of experience)
Nikhil Kabra
Monthly AAUM as on 31-Dec-23 : Rs. 18,328.15 crores
(Managing this fund since Dec 2020 Exit load for Redemption / Switch
Closing AUM as on 31-Dec-23 : Rs. 18,635.69 crores `
& Overall 10 years of experience) out :- Lumpsum & SIP / STP Option
Nil (w.e.f. 1st Jan 2019)
Application Amount for fresh Subscription :
Rs.5,000 (plus in multiples of Re.1)
Total Expense Ratio @@ : No. of folios
Min.Addl.Investment : Other : 1.07% p. a. in the Scheme :
Indicative Investment Horizon: 6 months and above
Rs.1,000 (plus in multiples of Re.1) Direct : 0.45% p. a. 86,223

Portfolio as on December 31, 2023 Quantitative Indicators

Company/Issuer Rating % to Company/Issuer Rating % to Average Maturity : Modified Duration :
NAV NAV 3.94 Years 1.97 Years
Government Securities 34.55% State Bank of India( Tier II Bond
Short Term@ 9.98% under Basel III ) CRISIL AAA 0.80% Macaulay Duration : Annualised Portfolio YTM*:
• 07.06% GOI 2028 SOV 7.46% Aditya Birla Finance Ltd. ICRA AAA 0.67% 2.07 Years 7.93%
07.38% GOI 2027 SOV 2.02% Tata Capital Housing Finance
* in case of semi annual YTM, it will be annualised
07.33% GOI 2026 SOV 0.50% Ltd. CRISIL AAA 0.64%
Long Term 24.56% Sundaram Home Finance Ltd. CARE AA+ 0.59%
@
For Schemes which have discontinued fresh subscriptions with effect from October 01,2012,the
• 07.18% GOI 2033 SOV 9.48% Tata Capital Financial Services Dividend declared will be compulsorily paid out under the “IDCW Payout “option.
@@ Total Expense Ratio is as on the last day of the month.
• 08.25 % GOI Floater 2033 SOV 9.30% Ltd. ICRA AAA 0.59% For computing Portfolio yield of the scheme, yield for Government Securities Floaters is considered
• 08.1% GOI Floater 2034 SOV 4.33% Samvardhana Motherson as per values provided in CCIL/NDS-OM platform.
To Refer to the annexure for details on option, entry load, SWP, STP/Flex STP & minimum
07.26% GOI 2033 SOV 1.45% International Ltd. (Secured by pledge redemption amount pertaining to the scheme. Click here
Certificate of Deposit (CDs) 3.83% of equity shares of Motherson Sumi To Refer to the annexure for details on scheme objective, IDCW history and SIP details.
Click here
NABARD CRISIL A1+ 1.74% Systems Ltd.) FITCH AAA 0.56%
Small Industries Development L&T Metro Rail (Hyderabad) Ltd. CRISIL AAA(CE) 0.55%
Bank Of India. CRISIL A1+ 1.04% HDFC Credila Financial Services
Punjab National Bank CRISIL A1+ 0.54% Pvt. Ltd. CRISIL AAA 0.53%
HDFC Bank Ltd. CRISIL A1+ 0.52% ICICI Bank Ltd. ( Tier II Bond
Commercial Papers (CPs) 0.91% under Basel III ) ICRA AAA 0.13%
SEIL Energy India Ltd. CRISIL A1+ 0.91% Units of an Alternative
Corporate Securities 45.17% Investment Fund (AIF) 0.21%
• LIC Housing Finance Ltd. CRISIL AAA 4.42% Corporate Debt Market
• Small Industries Development Development Fund (Class A2) 0.21%
Bank Of India. CRISIL AAA 3.93% Debt less than 0.5% of corpus 4.51%
• NABARD CRISIL AAA 3.48% TREPS & Net Current Assets 10.83%
• DME Development Ltd. CRISIL AAA 3.01% Total Net Assets 100.00%
• Bharti Telecom Ltd. CRISIL AA+ 2.99%
• Top Ten Holdings
• TMF Holdings Ltd.(Subsidiary of
@Short Term < 8 Years, Long Term > 8 Years.
Tata Motors Limited) CRISIL AA 2.81% Riskometer
EMBASSY OFFICE PARKS REIT CRISIL AAA 2.69% This product labelling is applicable only to the scheme
Power Finance Corporation Ltd. CRISIL AAA 2.36%
This Product is suitable for investors who are seeking*:
Pipeline Infrastructure Pvt Ltd. • Short term income generation and capital appreciation solution
(Sponsored by Brookfield) CRISIL AAA 1.95% •A debt fund that aims to generate income by investing in a range of debt
Muthoot Finance Ltd. CRISIL AA+ 1.61% Rating Profile (as % of debt component) and money market instruments of various maturities.
Godrej Industries Ltd. CRISIL AA 1.45%
TVS Credit Services Ltd. CRISIL AA 1.44% 10.85%
Benchmark
Scheme
Tata Motors Finance Ltd. CRISIL AA 1.24% (NIFTY Short Duration Debt Index B-II)
38.60%
Sheela Foam Ltd. FITCH AA 1.18%
M M
Tata Motors Finance Solutions ate oderately ate oderately
AAA and Equivalent Moder High Moder High
H H
Ltd. CRISIL AA 1.06% ig ig
Mo ow to

Mo ow to
ate

ate

AA and Equivalent h h
der

der
L

Jamnagar Utilities & Power Pvt.

Very

Very

Ltd. CRISIL AAA 0.95%

Low

Low
High

High

35.01% Sovereign Securities

HDB Financial Services Ltd. CRISIL AAA 0.94%
TREPS & Net Current Assets
Aditya Birla Housing Finance Ltd. ICRA AAA 0.91% Investors understand that their principal Benchmark riskometer is at
Mahindra & Mahindra Financial will be at Moderate risk Moderate risk.
Services Ltd. FITCH AAA 0.88% 15.54%
*Investors should consult their financial advisers if in doubt about whether the
Titan Company Ltd. CRISIL AAA 0.80% product is suitable for them.
 ICICI Prudential Mutual Fund Corporate Office
ONE BKC, A - Wing, 13th Floor, Bandra-Kurla Complex, Mumbai 400 051, India.
Tel: 022 - 26525000 Fax: 022 - 26528100, website: www.icicipruamc.com, email id: enquiry@icicipruamc.com

Statutory Details & Risk Factors

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Disclaimer: In the preparation of the material contained in this document, the AMC has used information that is publicly available, including information developed in-
house. Some of the material(s) used in the document may have been obtained from members/persons other than the AMC and/or its affiliates and which may have been
made available to the AMC and/or to its affiliates. Information gathered and material used in this document is believed to be from reliable sources. The AMC however does
not warrant the accuracy, reasonableness and / or completeness of any information. We have included statements / opinions / recommendations in this document, which
contain words, or phrases such as “will”, “expect”, “should”, “believe” and similar expressions or variations of such expressions, that are “forward looking statements”.
Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to,
but not limited to, exposure to market risks, general economic and political conditions in India and other countries globally, which have an impact on our services and / or
investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or
prices etc. ICICI Prudential Asset Management Company Limited (including its affiliates), the Mutual Fund, The Trust and any of its officers, directors, personnel and
employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of
profit in any way arising from the use of this material in any manner. Further, the information contained herein should not be construed as forecast or promise. The recipient
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