Short-to-medium debt: Active play pays dividends for ICICI MF's Banthia

ICICI Prudential's short-term and medium-duration funds outperformed on the back of timely shifts in strategies

Managing a short-term debt fund might appear to be an easier job in the fund management space, since the mandate allows little room to take duration or credit risk. However, ICICI Prudential Mutual Fund’s Manish Banthia has consistently found ways to derive the best out of the limited management scope available in these funds.

“I may not trade on an everyday basis but my portfolios look very different at different points of time,” says Banthia, winner of the Business Standard Fund Manager of the Year 2022 award in the Debt – short- to medium-duration category.

Two of the funds managed