Fund Details
ICICI Prudential Money Market Fund Plan Retail Dividend Daily
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.59% |
| NAV | ₹100.10 (24 Apr 2020) |
|---|---|
| Fund Started | 27 May 2011 |
| Fund Size | ₹6,094 Cr |
Returns
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | CP | 11.3% |
| Apollo Tyres Ltd. | Automobile | CP | 7.9% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 7.0% |
| Indusind Bank Ltd. | Financial | CD | 6.5% |
| National Bank For Agriculture & Rural Development | Financial | CD | 6.3% |
| Larsen & Toubro Ltd. | Construction | CP | 5.5% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 5.5% |
| Power Grid Corporation of India Ltd. | Energy | CP | 4.0% |
| Axis Bank Ltd. | Financial | CD | 3.2% |
| Reliance Industries Ltd. | Energy | CP | 3.1% |
Fund Managers
ICICI Prudential Money Market Fund Plan Retail Dividend Daily Details
ICICI Prudential Money Market Fund Plan Retail Dividend Daily is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 27 May 2011. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Money Market Fund Plan Retail Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹6,094 Cr and the Latest NAV as of 24 Apr 2020 is ₹100.10.
The ICICI Prudential Money Market Fund Plan Retail Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000.
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.
