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What is Icici Prudential Ultra Short Term Fund Growth about?

ICICI Prudential Ultra Short Term Fund is an open-ended ultra-short term debt scheme with a Macaulay duration between 3 to 6 months, featuring moderate interest and credit risk. As of December 31, 2025, the fund has shown competitive returns compared to its benchmarks, with a NAV of 28.5711 for the growth option. The fund is managed by Manish Banthia and Ritesh Lunawat, with a total expense ratio of 0.79% for regular plans and 0.39% for direct plans.

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