ICICI Prudential

ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend

Latest NAV

₹10.0275

As of

24 Apr 2020

2,618 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	-0.48%	-0.10%	-0.37	53 / 54	Q4
1W	-0.13%	+0.61%	-0.73	53 / 54	Q4
2W	+0.51%	+0.88%	-0.37	47 / 54	Q4
1M	+1.56%	+0.90%	+0.66	5 / 54	Q1
3M	-0.35%	-0.33%	-0.01	45 / 54	Q4
6M	-0.33%	+0.20%	-0.53	43 / 54	Q4
YTD	-0.31%	+0.15%	-0.46	46 / 54	Q4
1Y	-0.08%	+1.36%	-1.44	39 / 54	Q3
2Y	+0.26%	+3.41%	-3.15	47 / 54	Q4
3Y	-0.08%	+3.23%	-3.31	47 / 53	Q4
4Y	-0.08%	+3.45%	-3.54	46 / 48	Q4
5Y	-0.05%	+2.37%	-2.42	37 / 39	Q4
7Y	-0.02%	+2.52%	-2.54	36 / 38	Q4
10Y	+0.01%	+2.31%	-2.30	20 / 21	Q4
Inception	+0.02%	+2.93%	-2.90	51 / 54	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
2020 YTD	-0.31%	+4.01%	-4.33	36 / 38
2019	+0.13%	+4.24%	-4.11	29 / 36
2018	+0.07%	+1.78%	-1.72	21 / 27
2017	-0.99%	+1.38%	-2.37	22 / 23
2016	+0.68%	+5.99%	-5.30	16 / 20
2015	-0.14%	+2.36%	-2.51	8 / 8
2014	+0.10%	+1.42%	-1.32	2 / 6
2013	+0.09%	+1.90%	-1.81	4 / 6
2012	-0.06%	+1.62%	-1.68	5 / 6
2011	+0.06%	+1.45%	-1.39	5 / 6
2010	+0.10%	+1.18%	-1.08	6 / 6

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

+0.02%

121 windows

min -1.7% · max 1.1%

63% positive

3-Year rolling

+0.02%

96 windows

min -0.6% · max 0.5%

64% positive

5-Year rolling

+0.04%

72 windows

min -0.4% · max 0.2%

78% positive

7-Year rolling

+0.04%

48 windows

min -0.2% · max 0.2%

88% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

1.74%

3-year · annualised

Sharpe ratio

-3.76

vs risk-free 6.5%

Sortino ratio

-4.80

Downside-only deviation

Max drawdown

-2.54%

Aug 2017 → Mar 2020

% positive months

41.7%

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 Corporate Bond Fund

Scheme	Fund house	NAV	As of
SBI Corporate Bond Fund - Regular Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹15.3122	12 Jun 2026
Invesco India Corporate Bond Fund - Regular Plan - Discretionary IDCW (Payout / Reinvestment)	Invesco	₹3,493.8500	12 Jun 2026
BANDHAN Corporate Bond Fund - Regular Annual IDCW	Bandhan	₹10.4005	12 Jun 2026
Aditya Birla Sun Life Corporate Bond Fund -REGULAR - IDCW	Aditya Birla Sun Life	₹11.7872	12 Jun 2026
Mirae Asset Corporate Bond Fund Regular IDCW	Mirae Asset	₹13.3351	12 Jun 2026
Kotak Corporate Bond Fund- Regular Plan-Monthly Dividend Option	Kotak	₹1,289.9323	12 Jun 2026
DSP Corporate Bond Fund - Regular - IDCW	DSP	₹11.3754	12 Jun 2026
HSBC Corporate Bond Fund - Regular Annual IDCW	HSBC	₹11.3863	12 Jun 2026
BARODA BNP PARIBAS CORPORATE BOND FUND - Regular Plan - ANNUAL IDCW OPTION	Baroda BNP Paribas	₹12.0114	12 Jun 2026
CANARA ROBECO CORPORATE BOND FUND - REGULAR PLAN - IDCW (Payout/Reinvestment)	Canara Robeco	₹11.7399	12 Jun 2026

Recent NAVs

Date	NAV
24 Apr 2020	₹10.0275
23 Apr 2020	₹10.0755
22 Apr 2020	₹10.0502
21 Apr 2020	₹10.0487
20 Apr 2020	₹10.0402
17 Apr 2020	₹10.0401
16 Apr 2020	₹10.0187
15 Apr 2020	₹10.0015
13 Apr 2020	₹9.9872
9 Apr 2020	₹9.9764

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 Apr 2020, the NAV of ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend is ₹10.0275. It's a Corporate Bond Fund from ICICI Prudential, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend has NAV history starting from 15 Jun 2009, a track record of about 16 years 11 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 Ultra Short Term Plan - Regular Daily Dividend is managed by ICICI Prudential. It's classified by AMFI under the 'Corporate Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend has delivered a absolute return of -0.08% — -1.44 pp behind the Corporate Bond Fund category average of 1.36%. The fund ranks #39 of 54 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend has delivered a CAGR of -0.08% — -3.31 pp behind the Corporate Bond Fund category average of 3.23%. The fund ranks #47 of 53 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend has delivered a CAGR of -0.05% — -2.42 pp behind the Corporate Bond Fund category average of 2.37%. The fund ranks #37 of 39 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend exactly 10 years ago would be worth approximately ₹100,065 today — a multiplier of 1.00×, based on the 10-year CAGR of 0.01%. The category average over the same window would have grown ₹1 lakh to ₹125,621.

A ₹10,000 monthly SIP in ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹598,291 today. That's an XIRR (money-weighted annualised return) of -0.11%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend = ₹1,200,000 invested. It would currently be worth ₹1,197,908 (multiplier 1.00×). XIRR: -0.03%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend ranks #37 out of 39 funds in the Corporate Bond Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 2.37%; this fund delivered -0.05%.

The worst peak-to-trough decline ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend has experienced over the last 5-year window is 3.67% — its NAV fell from a high on 24 Nov 2016 to a low on 23 Mar 2020. 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 Ultra Short Term Plan - Regular Daily Dividend averaged 0.04% (best 0.23%, worst -0.35%). 78% of rolling windows ended positive. The 5-year Sharpe ratio is -4.02 — negative risk-adjusted performance.

In calendar year 2019, ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend returned 0.13% — lagging the Corporate Bond Fund category average of 4.24% by 4.11 pp. It ranked #29 of 36 in its category that year.

ICICI Prudential Ultra Short Term Plan - Regular Daily Dividend 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 Ultra Short Term Plan - Regular Daily Dividend 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: 3.7%. 5-year CAGR: -0.05%.

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