Fund Details
ICICI Prudential Money Market Direct Bonus
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.15% |
| NAV | ₹151.21 (24 Apr 2020) |
|---|---|
| Fund Started | 05 Nov 2014 |
| Fund Size | ₹6,094 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
6. Lower expense ratio - 0.21%
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 13.3% |
| GOI | Sovereign | GOI Sec | 9.4% |
| Cadila Healthcare Ltd. | Healthcare | CP | 5.3% |
| Barclays Bank | Financial | CD | 5.1% |
| Axis Bank Ltd. | Financial | CD | 5.1% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 5.1% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.1% |
| Tata Teleservices Ltd. | Communication | CP | 3.2% |
| Export-Import Bank Of India | Financial | CD | 3.1% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | CP | 2.7% |
Fund Managers
ICICI Prudential Money Market Direct Bonus Details
ICICI Prudential Money Market Direct Bonus is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 05 Nov 2014. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Money Market Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹6,094 Cr and the Latest NAV as of 24 Apr 2020 is ₹151.21.
The ICICI Prudential Money Market Direct Bonus is rated Moderate risk. Minimum SIP Investment is set to 1000.
Investment Objective
The scheme seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market upto 100% and debt securities upto 40%. The aim is to optimize returns while providing liquidity.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
