Fund Details
ICICI Prudential Money Market Dividend Daily
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.33% |
| NAV | ₹100.13 (25 Jan 2021) |
|---|---|
| Fund Started | 03 Mar 2006 |
| Fund Size | ₹8,884 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. Risk is lower compared to the benchmark
4. Lower expense ratio
5. 3Y Returns are higher than the benchmark
6. Exit load is zero
7. Age is more than 10 years
8. Risk-adjusted returns are higher compared to the category
9. Lower expense ratio - 0.33%
10. 1Y Returns are higher than the category average returns
11. 3Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 10.8% |
| Reliance Industries Ltd. | Energy | CP | 7.6% |
| Cadila Healthcare Ltd. | Healthcare | CP | 5.7% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 5.5% |
| Indusind Bank Ltd. | Financial | CD | 4.8% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.5% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 3.9% |
| Reserve Bank of India | Financial | T-Bills | 3.5% |
| Tata Teleservices Ltd. | Communication | CP | 3.5% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.4% |
Fund Managers
ICICI Prudential Money Market Dividend Daily Details
ICICI Prudential Money Market Dividend 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 Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹8,884 Cr and the Latest NAV as of 25 Jan 2021 is ₹100.13.
The ICICI Prudential Money Market Dividend 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.
