Fund Details
ICICI Prudential Money Market Direct IDCW Fortnightly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.21% |
| NAV | ₹101.39 (20 Apr 2021) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹9,655 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 IDCW Fortnightly Details
ICICI Prudential Money Market Direct IDCW Fortnightly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 07 Jan 2013. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Money Market Direct IDCW Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹9,655 Cr and the Latest NAV as of 20 Apr 2021 is ₹101.39.
The ICICI Prudential Money Market Direct IDCW Fortnightly is rated Moderate risk. Minimum SIP Investment is set to 100.
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.
