ICICI Prudential Money Market Direct Dividend Daily+0.02%

3
7.44%
1 Year Return
Debt
Money Market
3.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Money Market Direct Dividend Daily

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.15%
NAV100.53 (04 Aug 2020)
Fund Started01 Jan 2013
Fund Size6,861 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Money Market Direct Dividend Daily
7.4%
7.7%
7.6%
8.1%
Category Average
7.3%
7.1%
7.4%
-
Rank within category
7
8
9
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 7.4% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.15%
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    6. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyCP9.6%
    GOISovereignGOI Sec7.2%
    Apollo Tyres Ltd.AutomobileCP7.1%
    Housing Development Finance Corpn. Ltd.FinancialCP6.4%
    Indusind Bank Ltd.FinancialCD6.0%
    National Bank For Agriculture & Rural DevelopmentFinancialCD5.7%
    Larsen & Toubro Ltd.ConstructionCP5.0%
    Small Industries Devp. Bank of India Ltd.FinancialCP5.0%
    Orissa StateOthersSDL4.5%
    Power Grid Corporation of India Ltd.EnergyCP3.6%
    See All

    Fund Managers

    addRahul Goswami
    Education
    Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)
    Experience
    Prior to joining ICICI Prudential AMC he has worked with UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
    Funds Managed
    addNikhil Kabra
    Education
    Mr. Kabra is a B.Com and Chartered Accountant.
    Experience
    Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
    Funds Managed

    ICICI Prudential Money Market Direct Dividend Daily Details

    ICICI Prudential Money Market Direct Dividend 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 Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹6,861 Cr and the Latest NAV as of 04 Aug 2020 is ₹100.53.

    The ICICI Prudential Money Market Direct Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.

    Investment Objective

    The objective of the Plan will be to seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market and debt securities.

    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
    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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