Fund Details
ICICI Prudential Money Market IDCW Daily
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.33% |
| NAV | ₹100.13 (20 Apr 2021) |
|---|---|
| Fund Started | 03 Mar 2006 |
| 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. Exit load is zero
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 IDCW Daily Details
ICICI Prudential Money Market IDCW Daily is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 03 Mar 2006. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Money Market IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹9,655 Cr and the Latest NAV as of 20 Apr 2021 is ₹100.13.
The ICICI Prudential Money Market IDCW Daily is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.
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.
