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ICICI Prudential Money Market Direct IDCW Daily+0.03%

4.04%
1 Year Return
Debt
Money Market
3.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Money Market Direct IDCW Daily

RiskModerate
Min SIP Amount₹100
Expense Ratio0.21%
NAV₹100.14 (26 Jul 2021)
Fund Started01 Jan 2013
Fund Size11,430 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.0%
6.7%
6.8%
7.8%
Category Average
3.7%
6.3%
6.5%
-
Rank Within Category
8
7
8
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.0% returns per annum

Comparison

Data not available
Pros
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%
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
GOISovereignCGL8.9%
GOISovereignCGL8.0%
Panatone Finvest LtdFinancialCP5.1%
Cadila Healthcare Ltd.HealthcareCP4.5%
Axis Bank Ltd.FinancialCD4.3%
Housing Development Finance Corpn. Ltd.FinancialCP4.3%
National Bank For Agriculture & Rural DevelopmentFinancialCP3.5%
Can Fin Homes Ltd.FinancialCP3.4%
Tata Motors Ltd.AutomobileCP3.4%
Tata Teleservices Ltd.CommunicationCP2.8%
See All

Fund Managers

Rahul Goswami
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Nikhil Kabra
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ICICI Prudential Money Market Direct IDCW Daily Details

ICICI Prudential Money Market Direct IDCW Daily is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Money Market Direct IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹11,430 Cr and the Latest NAV as of 26 Jul 2021 is ₹100.14.

The ICICI Prudential Money Market Direct IDCW Daily is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.

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.

Scheme Information Document(SID)

₹500
Min for First Investment
₹100
Min for Second Investment
Nil
Exit Load

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About ICICI Prudential Mutual Fund

Address
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
Phone
022-26525000
Launch Date
13 Oct 1993
Website
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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