ADITYA BIRLA SUN LIFE SHORT TERM FUND vs ICICI PRUDENTIAL SHORT TERM FUND - INSTITUTIONAL CUMULATIVE
Operational terms side by side, from the exchange scheme master.
| Term | ADITYA BIRLA SUN LIFE SHORT TERM FUND | ICICI PRUDENTIAL SHORT TERM FUND - INSTITUTIONAL CUMULATIVE |
|---|---|---|
| Fund house | ADITYA BIRLA SUN LIFE MUTUAL FUND | ICICI PRUDENTIAL MUTUAL FUND |
| Category | Short Duration | Short Duration |
| Plan | Regular · Growth | Regular · Growth |
| Minimum SIP | ₹1,000 | ₹100 |
| Minimum lumpsum | ₹1,000 | ₹5,000 |
| SIP dates | 1st, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th, 9th, 10th, 11th, 12th, 13th, 14th, 15th, 16th, 17th, 18th, 19th, 20th, 21st, 22nd, 23rd, 24th, 25th, 26th, 27th and 28th | 1st, 2nd, 3rd, 4th, 5th, 6th, 7th, 8th, 9th, 10th, 11th, 12th, 13th, 14th, 15th, 16th, 17th, 18th, 19th, 20th, 21st, 22nd, 23rd, 24th, 25th, 26th, 27th, 28th, 29th and 30th |
| Purchase cutoff | 3:00 pm | 3:00 pm |
| Redemption payout | 1 business days | 1 business days |
| Lock-in | None | None |
| Risk band | Moderate | Moderate |
| Exit load | Not stated in the master | Not stated in the master |
Returns, like for like
ICICI PRUDENTIAL SHORT TERM FUND - INSTITUTIONAL CUMULATIVE: No NAV history has been recorded for this scheme yet.
Market figures are indicative and may be delayed. Past performance does not indicate future returns. Securities and schemes named anywhere on this platform are exemplary, not recommendatory.
What this comparison leaves out
Expense ratios and assets under management. Neither the exchange’s scheme master nor the AMFI NAV feed carries them, so they are not shown rather than estimated. For those, read each scheme’s information document and factsheet. Portfolio holdings are published by each AMC separately rather than centrally, so an overlap is shown only once both schemes' monthly disclosures have been imported.
Questions about this comparison
What is the difference between ADITYA BIRLA SUN LIFE SHORT TERM FUND and ICICI PRUDENTIAL SHORT TERM FUND - INSTITUTIONAL CUMULATIVE?
Both are Short Duration schemes, so SEBI requires both to hold portfolio macaulay duration between 1 and 3 years. On the operational terms we hold, they differ in 4 respects: Fund house, Minimum SIP, Minimum lumpsum, SIP dates. Their returns are not compared here, because the two do not share a period of NAV history that can be measured like for like.
Which of ADITYA BIRLA SUN LIFE SHORT TERM FUND and ICICI PRUDENTIAL SHORT TERM FUND - INSTITUTIONAL CUMULATIVE is better?
We do not answer that. GrowIQ is an AMFI-registered mutual fund distributor, not an investment adviser, and does not rate or rank schemes. This page sets out the operational terms of each — minimums, dates, cutoffs, lock-in and exit load — so you can compare checkable facts. Which suits you depends on your goal, horizon and tax position, and is worth discussing with a SEBI-registered investment adviser.
Can I switch between ADITYA BIRLA SUN LIFE SHORT TERM FUND and ICICI PRUDENTIAL SHORT TERM FUND - INSTITUTIONAL CUMULATIVE?
Both schemes permit switches. A switch is treated as a redemption from one scheme and a fresh purchase into the other, so it is a taxable event even though no money reaches your bank, and any exit load and lock-in on the scheme you are leaving still apply.