ICICI Prudential Money Market Direct IDCW Fortnightly

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 12 Oct 1993. 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 ₹4,70,644 Cr and the Latest NAV as of 16 Sep 2022 is ₹101.34. The ICICI Prudential Money Market Direct IDCW Fortnightly is rated Low to 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. ;