ICICI Prudential Money Market Dividend Weekly-0.04%

3Groww
8.15%
1 Year Return
Debt
Money Market
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Money Market Dividend Weekly

RiskModerately Low
Min SIP Amount₹100
Expense Ratio0.27%
NAV100.67 (05 Dec 2019)
Fund Started03 Mar 2006
Fund Size10,204 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Money Market Dividend Weekly
8.2%
7.4%
7.7%
7.6%
Category Average
7.9%
7.1%
7.6%
-
Rank within category
9
7
7
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 8.2% annual returns

    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. 1Y Returns are higher than the benchmark
    6. 3Y Returns are higher than the benchmark
    7. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyCP4.8%
    Reserve Bank of IndiaFinancialT-Bills4.2%
    Axis Bank Ltd.FinancialCD3.9%
    Oriental Bank of CommerceFinancialCD3.8%
    Power Finance Corpn. Ltd.FinancialCP2.9%
    Larsen & Toubro Ltd.ConstructionCP2.9%
    Indusind Bank Ltd.FinancialCD2.8%
    Reliance Industries Ltd.EnergyCP2.4%
    Housing Development Finance Corpn. Ltd.FinancialCP2.4%
    SBI Cards & Payments Services Ltd.FinancialCP2.4%
    See All

    Fund Managers

    addRahul Goswami
    Education
    Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)
    Experience
    Prior to joining ICICI Prudential AMC he has worked with UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
    Funds Managed
    addNikhil Kabra
    Education
    Mr. Kabra is a B.Com and Chartered Accountant.
    Experience
    Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
    Funds Managed

    Other Details

    ICICI Prudential Money Market Dividend Weekly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 03 Mar 2006. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Money Market Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹10,204 Cr and the Latest NAV as of 05 Dec 2019 is ₹100.67.

    The ICICI Prudential Money Market Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The objective of the Plan will be to seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market and debt securities.

    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

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 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,
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