ICICI Prudential Ultra Short Term Fund

Ans. The NAV (net asset value) of ICICI Prudential Ultra Short Term Fund (direct plan, growth option) is ₹32.7205 as on 12 Nov 2026. Mutual fund NAVs are published once a day, after the market closes.

Ans. ICICI Prudential Ultra Short Term Fund has delivered 7.34% CAGR over the past 3 years against a category average of 7.18% and returned 6.52% over the past year. It manages ₹14,629.42 crore (AUM) as on 12 Nov 2026. Its riskometer level is Moderate. Past returns do not indicate future returns.

Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on debt funds: Debt funds are those schemes that invest at least 65% of their corpus in SEBI-regulated debt instruments.
For investments made after April 1, 2023, capital gains from debt funds are added to individual’s income and taxed at the relevant slab rate, irrespective of holding period.

Ans. There is no lock-in period on ICICI Prudential Ultra Short Term Fund. An exit load applies: Nil.

Ans. The expense ratio of ICICI Prudential Ultra Short Term Fund (direct plan) is 0.40% a year. It is deducted from the fund's assets and is already reflected in the NAV.