Should I invest in ICICI Prudential Short Term Fund - Monthly IDCW?

We don't give personal investment advice. ICICI Prudential Short Term Fund - Monthly IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.8%. 5-year CAGR: -0.07%.

ICICI Prudential

ICICI Prudential Short Term Fund - Monthly IDCW

Latest NAV

₹12.0631

As of

24 Jul 2026

4,906 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.02%	-0.04%	+0.07	12 / 39	Q2
1W	-0.02%	+14.88%	-14.90	29 / 40	Q3
2W	-0.11%	+14.87%	-14.98	34 / 40	Q4
1M	-1.31%	+16.86%	-18.18	39 / 40	Q4
3M	-0.48%	+17.80%	-18.28	38 / 40	Q4
6M	0.00%	+18.60%	-18.61	33 / 40	Q4
YTD	-0.03%	+18.23%	-18.27	31 / 40	Q4
1Y	-0.57%	+19.73%	-20.30	36 / 40	Q4
2Y	-0.31%	+8.30%	-8.61	38 / 40	Q4
3Y	-0.18%	+5.81%	-5.99	38 / 40	Q4
4Y	-0.20%	+4.93%	-5.12	38 / 39	Q4
5Y	-0.07%	+4.17%	-4.24	34 / 38	Q4
7Y	-0.22%	+2.91%	-3.13	36 / 37	Q4
10Y	-0.23%	+4.94%	-5.17	27 / 27	Q4
Inception	+0.57%	+1.94%	-1.37	33 / 40	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.03%	+1.46%	-1.49	16 / 21
2025	+0.27%	+34.44%	-34.17	20 / 25
2024	+0.45%	+3.79%	-3.34	16 / 25
2023	-0.01%	+4.24%	-4.25	23 / 25
2022	+0.33%	+2.62%	-2.29	16 / 26
2021	+0.03%	+3.74%	-3.72	18 / 26
2020	+0.17%	+3.74%	-3.57	21 / 30
2019	-0.43%	+2.23%	-2.65	22 / 30
2018	-1.09%	+2.73%	-3.82	28 / 30
2017	-0.79%	+2.37%	-3.16	36 / 37
2016	+2.34%	+5.27%	-2.93	23 / 37

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.63%

236 windows

min -2.5% · max 10.3%

60% positive

3-Year rolling

+0.60%

211 windows

min -0.9% · max 3.4%

68% positive

5-Year rolling

+0.48%

187 windows

min -0.6% · max 2.1%

66% positive

7-Year rolling

+0.44%

163 windows

min -0.4% · max 1.7%

71% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.56%

3-year · annualised

Sharpe ratio

-4.29

vs risk-free 6.5%

Sortino ratio

-6.04

Downside-only deviation

Max drawdown

-1.83%

Jun 2026 → Jul 2026

% positive months

47.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Fortnightly IDCW Option	HDFC	₹10.1974	24 Jul 2026
NIPPON INDIA SHORT DURATION FUND - IDCW Option	Nippon India	₹22.7844	24 Jul 2026
SBI SHORT TERM DEBT FUND - REGULAR PLAN -GROWTH	SBI	₹34.0057	24 Jul 2026
ICICI Prudential Short Term Fund - Growth Option	ICICI Prudential	₹64.0669	24 Jul 2026
Kotak Bond Short Term Plan-(Growth)	Kotak Mahindra	₹54.9956	24 Jul 2026
DSP Short Term Fund - IDCW - Monthly	DSP BlackRock	₹11.6395	24 Jul 2026
HSBC Short Duration Fund - Bonus	HSBC	₹28.0297	24 Jul 2026
UTI Short Duration Fund - Discontinued Regular Option - Dividend Sub Option	UTI	₹24.9742	24 Jul 2026
Bandhan Short Duration Fund - Regular Plan - Fortnightly IDCW	IDFC	₹10.4137	24 Jul 2026
Nippon India Short Duration Fund-Growth Plan	Reliance	₹56.0170	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹12.0631
23 Jul 2026	₹12.0604
22 Jul 2026	₹12.0622
21 Jul 2026	₹12.0683
20 Jul 2026	₹12.0628
17 Jul 2026	₹12.0655
16 Jul 2026	₹12.0652
15 Jul 2026	₹12.0551
14 Jul 2026	₹12.0499
13 Jul 2026	₹12.0773

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 24 Jul 2026, the NAV of ICICI Prudential Short Term Fund - Monthly IDCW is ₹12.0631. It's a Short Duration Fund from ICICI Prudential, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Short Term Fund - Monthly IDCW has NAV history starting from 02 Apr 2006, a track record of about 20 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

ICICI Prudential Short Term Fund - Monthly IDCW is managed by ICICI Prudential. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Short Term Fund - Monthly IDCW has delivered a absolute return of -0.57% — -20.3 pp behind the Short Duration Fund category average of 19.73%. The fund ranks #36 of 40 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential Short Term Fund - Monthly IDCW has delivered a CAGR of -0.18% — -5.99 pp behind the Short Duration Fund category average of 5.81%. The fund ranks #38 of 40 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Short Term Fund - Monthly IDCW has delivered a CAGR of -0.07% — -4.24 pp behind the Short Duration Fund category average of 4.17%. The fund ranks #34 of 38 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Short Term Fund - Monthly IDCW exactly 10 years ago would be worth approximately ₹97,726 today — a multiplier of 0.98×, based on the 10-year CAGR of -0.23%. The category average over the same window would have grown ₹1 lakh to ₹161,984.

A ₹10,000 monthly SIP in ICICI Prudential Short Term Fund - Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹597,543 today. That's an XIRR (money-weighted annualised return) of -0.16%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Short Term Fund - Monthly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,189,419 (multiplier 0.99×). XIRR: -0.18%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Short Term Fund - Monthly IDCW ranks #34 out of 38 funds in the Short Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.17%; this fund delivered -0.07%.

The worst peak-to-trough decline ICICI Prudential Short Term Fund - Monthly IDCW has experienced over the last 5-year window is 1.82% — its NAV fell from a high on 30 Jun 2026 to a low on 14 Jul 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Short Term Fund - Monthly IDCW averaged 0.48% (best 2.12%, worst -0.63%). 66% of rolling windows ended positive. The 5-year Sharpe ratio is -4.80 — negative risk-adjusted performance.

In calendar year 2025, ICICI Prudential Short Term Fund - Monthly IDCW returned 0.27% — lagging the Short Duration Fund category average of 34.44% by 34.17 pp. It ranked #20 of 25 in its category that year.

ICICI Prudential Short Term Fund - Monthly IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. ICICI Prudential Short Term Fund - Monthly IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.8%. 5-year CAGR: -0.07%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.