ICICI Prudential Money Market Fund Direct Plan Growth - Regular - Latest NAV [ ₹299.234 ], Returns, Performance, Portfolio & Returns 2021

ICICI Prudential Money Market Fund Direct Plan Growth

  • highlight
    6.81%
  • highlight
    (+0.03)299.234

Min amount: ₹100

Calculate Returns

20 yrs
₹100 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.81%
3 Years6.66%
1 Year4.03%
6 Months2.02%
Fund Details
ISININF109K01R14
RiskModerate Risk
Fund TypeMoney Market
NAV299.234
Exit Load--

More about this fundstar

Top HoldingsWeightage
8.79% Govt Stock 20218.9%
8.20% Govt Stock 20228.02%
Panatone Finvest Limited5.1%
Cadila Healthcare Limited4.54%
Axis Bank Limited4.34%
Housing Development Finance Corporation Limited4.32%
Net Current Assets4.05%
Treps3.5%
National Bank For Agriculture And Rural Development3.47%
Can Fin Homes Limited3.44%

About ICICI Prudential Money Market Fund - Direct Plan - Growth

The main intention of the fund manager is to provide investors with a considerable amount of returns at lower risk levels. The asset allocation of the fund scheme is mostly made towards fixed-income securities across debt and money markets.

Pros and Cons of ICICI Prudential Money Market Fund - Direct Plan - Growth

The primary benefit of investing in this scheme is that you get exposure to a portfolio constituted by top-performing debt and money market securities. On the flip side, the returns may be restricted as the equity exposure is minimal to nil.

Fund Information and Statistics

i) Inception/Launch Date

ICICI Prudential Money Market Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

ICICI Prudential Money Market Fund - Direct Plan - Growth has been categorised under the 'moderately low risk' class of mutual funds.

iii) Redemption

ICICI Prudential Money Market Fund - Direct Plan - Growth is an open-ended mutual fund scheme. Therefore, you can sell your fund units at any time.

iv) Fund Manager

Mr Nikhil Kabra and Mr Rahul Goswami are the current fund managers of ICICI Prudential Money Market Fund - Direct Plan - Growth.

v) Entry/Exit load

There is no entry load as per the norms of the Indian market watchdog. This fund comes with no exit load as well.

About ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund is being sponsored by Prudential Plc and ICICI Bank Limited. The fund house was set up as a joint venture between its sponsors back in June 1993. The asset management company registered itself with the Securities and Exchange Board of India (SEBI) with ICICI Prudential Trust Limited as its trustee company. As of September 2020, it's total assets under management amounted to a massive Rs 359943.33 crore.

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Min amount: ₹100

Calculate Returns

20 yrs
₹100 invested monthly becomes
0 in a period of 20 years
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns