ICICI Prudential Money Market Direct Dividend Fortnightly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 07 Jan 2013. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Money Market Direct Dividend Fortnightly.The fund currently has an Asset Under Management(AUM) of ₹9,119 Cr and the Latest NAV as of 24 Jan 2020 is ₹100.87.
The ICICI Prudential Money Market Direct Dividend Fortnightly is rated Moderately Low risk. Minimum SIP Investment is 100. Nil.
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)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment