Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Money Market Dividend Daily
shareSHARE

ICICI Prudential Money Market Dividend Daily+0.03%

5.98%
1 Year Return
Debt
Money Market
4.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Money Market Dividend Daily

RiskModerate
Min SIP Amount₹100
Expense Ratio0.33%
NAV₹100.13 (25 Jan 2021)
Fund Started03 Mar 2006
Fund Size8,884 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.0%
7.2%
7.1%
7.4%
Category Average
5.3%
6.8%
7.0%
-
Rank Within Category
4
6
6
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 6.0% returns per annum

Comparison

Data not available
Pros
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
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec10.8%
Reliance Industries Ltd.EnergyCP7.6%
Cadila Healthcare Ltd.HealthcareCP5.7%
Housing Development Finance Corpn. Ltd.FinancialCP5.5%
Indusind Bank Ltd.FinancialCD4.8%
National Bank For Agriculture & Rural DevelopmentFinancialCD4.5%
Small Industries Devp. Bank of India Ltd.FinancialCP3.9%
Reserve Bank of IndiaFinancialT-Bills3.5%
Tata Teleservices Ltd.CommunicationCP3.5%
Reliance Retail Ventures Ltd.ServicesCP3.4%
See All

Fund Managers

Rahul Goswami
keyboard_arrow_down
Nikhil Kabra
keyboard_arrow_down

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.

Scheme Information Document(SID)

₹500
Min for First Investment
₹1
Min for Second Investment
Nil
Exit Load

Compare Funds

ICICI Prudential Money Market Dividend Daily
VS
search

About ICICI Prudential Mutual Fund

Address
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
Phone
022-26525000
Launch Date
13 Oct 1993
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Similar Funds