ICICI Prudential Short Term Fund vs JioBlackRock Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Short Term Fund and JioBlackRock Short Term Fund are both Short Duration funds. ICICI Prudential Short Term Fund charges 0.45% a year and JioBlackRock Short Term Fund 0.35% (Direct plans). Their portfolios overlap 1.6%: they hold 4 of the same securities.
ICICI Prudential Short Term Fund
Short Duration
- Expense ratio
- 0.45%
- NAV
- ₹70.57
JioBlackRock Short Term Fund
Short Duration
- Expense ratio
- 0.35%
- NAV
- ₹1,038.89
Which is better, ICICI Prudential Short Term or JioBlackRock Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- JioBlackRock Short Term costs less: 0.35% a year against 0.45% (Direct plans).
- JioBlackRock Short Term fell less in its worst fall since 22-01-2026: −0.3% against −0.6%.
- ICICI Prudential Short Term is the larger fund: ₹18,890 Cr against ₹113 Cr.
- Their portfolios overlap 1.6%: 4 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | ICICI Prudential Short Term Fund | JioBlackRock Short Term Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | Jio BlackRock Mutual Fund |
| Category | Short Duration | Short Duration |
| AUM | ₹18,890 Cr (30-09-2026) | ₹113 Cr (30-09-2026) |
| NAV | ₹70.57 (Direct) | ₹1,038.89 (Direct) |
| Expense ratio (Direct) | 0.45% | 0.35% |
| Expense ratio (Regular) | 1.05% | 0.99% |
| Riskometer | Not available | Low to Moderate |
| Benchmark | Not available | NIFTY Short Duration Debt Index A-II |
| Launch date | Not available | 19-01-2026 |
| Minimum investment | Not available | ₹500 |
| Lock in | Not available | None |
| Fund managers | Not available | Arun Ramachandran, Vikrant Mehta, Siddharth Deb |
| Exit load | Not available | NIL |
ICICI Prudential Short Term vs JioBlackRock Short Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Short Term Fund (Direct) | −0.28% | +0.18% | +2.45% | +4.92% | +7.48% | +6.99% | +7.63% |
| JioBlackRock Short Term Fund (Direct) | −0.05% | +0.55% | +2.51% | -- | -- | -- | -- |
| Short Duration average | −0.14% | +0.30% | +2.50% | -- | -- | -- | -- |
Category average: the average of the 25 Short Duration funds, same plan type.
ICICI Prudential Short Term vs JioBlackRock Short Term: Year-wise Returns
| Year | ICICI PrudentialICICI Prudential Short Term | JioBlackRockJioBlackRock Short Term |
|---|---|---|
| 2026to date | +3.84% | -- |
| 2025 | +8.61% | -- |
| 2024 | +8.45% | -- |
| 2023 | +8.10% | -- |
| 2022 | +5.44% | -- |
| 2021 | +4.67% | -- |
ICICI Prudential Short Term vs JioBlackRock Short Term: Rolling Returns
Every holding period of both funds
ICICI Prudential Short Term vs JioBlackRock Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Short Term Fund (Direct) | JioBlackRock Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +8.30% | +4.90% |
| Standard deviation | 1.56% | 1.00% |
| Sharpe ratio | 1.44 | -0.31 |
| Sortino ratio | 2.16 | -0.45 |
| Maximum drawdown | −3.4% (19-08-2013) | −0.3% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
ICICI Prudential Short Term Fund (Direct)
JioBlackRock Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Short Term Fund (Direct) | −0.6% | 09-09-2026 | 23-10-2026 | Not yet | -- | −0.5% |
| JioBlackRock Short Term Fund (Direct) | −0.3% | 22-09-2026 | 23-10-2026 | Not yet | -- | −0.2% |
From daily values since 22-01-2026, the first day every fund has.
ICICI Prudential Short Term vs JioBlackRock Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Short Term Fund, September 2026; JioBlackRock Short Term Fund, September 2026
Holdings in common
- Overlap
- 1.6%
- Held by both
- 4
- Only in ICICI Prudential Short Term
- 151
- Only in JioBlackRock Short Term
- 8
| Security | % of ICICI Prudential Short Term | % of JioBlackRock Short Term |
|---|---|---|
| Government Securities | 1.00% | 13.05% |
| Small Industries Development Bank Of India. | 0.26% | 8.80% |
| Corporate Debt Market Development Fund (Class A2) | 0.34% | 0.21% |
| Rural Electrification Corporation Ltd. | 0.13% | 8.76% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 1.6% means 1.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in ICICI Prudential Short Term Fund
| Security | % of fund |
|---|---|
| NABARD | 4.98% |
| LIC Housing Finance Ltd. | 3.96% |
| Vedanta Ltd. | 3.12% |
| Shivshakti Securitisation Trust | 3.03% |
| NABARD | 2.82% |
Largest holdings only in JioBlackRock Short Term Fund
| Security | % of fund |
|---|---|
| 6.68% LIC Housing Finance Ltd (04-Jun-2028) | 8.68% |
| Bajaj Finance Ltd (03-Feb-2027) | 8.63% |
| Bank of Baroda (05-Mar-2027) | 8.60% |
| National Bank For Agriculture & Rural Development (02-Mar-2027) | 8.59% |
| Mahindra & Mahindra Financial Services Ltd (25-Feb-2027) | 8.59% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Short Term | JioBlackRock Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.2% | 92.6% |
| Cash and others | 3.8% | 7.4% |
ICICI Prudential Short Term vs JioBlackRock Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Short Term Fund | JioBlackRock Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.45% | 0.35% |
| Base expense ratio (Direct) | 0.38% | 0.27% |
| Total expense ratio (Regular) | 1.05% | 0.99% |
| Base expense ratio (Regular) | 0.89% | 0.84% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare ICICI Prudential Short Term with
ICICI Prudential Short Term Fund vs JioBlackRock Short Term Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Short Term Fund and JioBlackRock Short Term Fund?
Both are Short Duration funds, run by ICICI Prudential Mutual Fund and Jio BlackRock Mutual Fund. Their portfolios overlap 1.6%. ICICI Prudential Short Term Fund charges 0.45% a year and JioBlackRock Short Term Fund 0.35%.
Which has the lower expense ratio, ICICI Prudential Short Term Fund or JioBlackRock Short Term Fund?
JioBlackRock Short Term Fund charges less: 0.35% a year against 0.45%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Short Term Fund and JioBlackRock Short Term Fund overlap?
1.6%. They hold 4 of the same securities, the largest shared ones being Government Securities, Small Industries Development Bank Of India., Corporate Debt Market Development Fund (Class A2). From each fund's latest monthly portfolio.
Can I invest in both ICICI Prudential Short Term Fund and JioBlackRock Short Term Fund?
Yes. 1.6% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.