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Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Money Market Direct IDCW Others

ICICI Prudential Money Market Direct IDCW Others

Debt
Money Market
Moderate Risk
Payout
5.07%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 12 Aug 2022₹142.59
Min. SIP amount₹100
Rating3
Fund size₹10,831.91Cr

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.9%5.1%6.2%7.2%
Category average3.7%6.3%6.5%NA
Rank with in category1087NA
Understand terms

Holdings (42)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills6.9%
Reserve Bank of India
FinancialT-Bills6.9%
Panatone Finvest Ltd
FinancialCP6.7%
Canara Bank
FinancialCD5.8%
Reserve Bank of India
FinancialT-Bills4.5%
Deutsche Bank
FinancialCD4.5%
Indian Bank
FinancialCD4.5%
HDFC Bank Ltd.
FinancialCD4.4%
Canara Bank
FinancialCD3.7%
Housing Development Finance Corpn. Ltd.FinancialCP3.6%
See All

Pros and cons

Category: Debt Money Market

Pros

Cons

Exit load is zero
3Y and 5Y annualised returns lower than category average
Lower expense ratio: 0.21%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y annualised returns higher than category average by 0.26%

Expense ratio, exit load and tax

Expense ratio: 0.21%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Rahul Goswami
Nov 2013 - Present
View details

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.
Also manages these schemes

Nikhil Kabra
Aug 2016 - Present
View details

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 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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FAQs

How to Invest in ICICI Prudential Money Market Direct IDCW Others?

You can easily invest in ICICI Prudential Money Market Direct IDCW Others in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for ICICI Prudential Money Market Direct IDCW Others from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in ICICI Prudential Money Market Direct IDCW Others as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ICICI Prudential Money Market Direct IDCW Others provide?

The ICICI Prudential Money Market Direct IDCW Others has been there from 20 Jan 2014 and the average annual returns provided by this fund is 3.91% since its inception.

How much expense ratio is charged by ICICI Prudential Money Market Direct IDCW Others?

The term Expense Ratio used for ICICI Prudential Money Market Direct IDCW Others or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of ICICI Prudential Money Market Direct IDCW Others is 0.21% as of 17 Aug 2022...

What is the AUM of ICICI Prudential Money Market Direct IDCW Others?

The AUM, short for Assets Under Management of ICICI Prudential Money Market Direct IDCW Others is ₹10,831.91Cr as of 17 Aug 2022.

How to Redeem ICICI Prudential Money Market Direct IDCW Others?

If you want to sell your ICICI Prudential Money Market Direct IDCW Others holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ICICI Prudential Money Market Direct IDCW Others?

You can select either SIP or Lumpsum investment of ICICI Prudential Money Market Direct IDCW Others based on your investment objective and risk tolerance.

What is the NAV of ICICI Prudential Money Market Direct IDCW Others?

The NAV of ICICI Prudential Money Market Direct IDCW Others is ₹142.59 as of 12 Aug 2022.

What is the PE and PB ratio of ICICI Prudential Money Market Direct IDCW Others?

The PE ratio ratio of ICICI Prudential Money Market Direct IDCW Others is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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