| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.33% |
| NAV | ₹100.27 (23 Oct 2020) |
|---|---|
| Fund Started | 03 Mar 2006 |
| Fund Size | ₹8,615 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | CP | 7.7% |
| GOI | Sovereign | GOI Sec | 6.7% |
| GOI | Sovereign | GOI Sec | 5.8% |
| Apollo Tyres Ltd. | Automobile | CP | 5.8% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 5.2% |
| Indusind Bank Ltd. | Financial | CD | 4.9% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.6% |
| Reliance Retail Ventures Ltd. | Services | CP | 4.6% |
| IDFC First Bank Ltd. | Financial | CD | 4.0% |
| Reserve Bank of India | Financial | T-Bills | 4.0% |
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 ₹8,615 Cr and the Latest NAV as of 23 Oct 2020 is ₹100.27.
The ICICI Prudential Money Market Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.