DEBT FUNDS

ICICI Prudential Ultra Short Term Fund
(Formerly known as ICICI Prudential Regular Income Fund)

Investment Objective

To generate income through investments in a range of debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

This product is suitable for investors who are seeking* :

  • Short term regular income
  • An open ended ultra-short term debt scheme investing in a range of debt and money market instruments.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months (please refer to investment strategy)

Plan

ICICI Prudential Ultra Short Term Fund & ICICI Prudential Ultra Short Term Fund - Direct Plan

Options

Growth, AEP (Appreciation & Regular), Dividend (Payout & Reinvestment)

Default Option

Growth

Application Amount

a) Growth & Dividend : Rs.5,000 (plus multiples of Re.1)
b) AEP : Rs.25,000 (plus multiples of Re.1)

Min. Additional Investment

Rs.1000/- & in multiples thereof

Entry Load

Not Applicable

Exit Load

NIL

Minimum Redemption Amt.

Rs. 500 or all units where amount is below Rs. 500

Systematic Investment Plan

Available

Systematic Transfer Plan

Available (Flex STP/Value STP also available)

Systematic Withdrawal Plan

Available



Fund Manager

Mr. Manish Banthia and Mr. Ritesh Lunawat

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