- Mutual Funds
- ICICI Prudential Mutual Fund
- ICICI Prudential Money Market Fund Regular Growth
ICICI Prudential Money Market Fund Regular Plan Growth
₹ 359.5323
NAV (Oct 15)
This category accounts for close to 5% of the total Debt fund assets.
Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 359.5323
NAV (Oct 15)
Fund Returns
Last 1Y | 7.7% |
Last 3Y | 6.3% |
Last 5Y | 5.9% |
Last 10Y | 6.8% |
Since Inception | 7.1% |
6 Month CAGR | 3.7% |
Scheme Information
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.
Expense Ratio | 0.32 |
Launched (0y ago) | 0.32 |
AUM in Crores | 24630.8 |
ISIN | INF109K01TX1 |
Lock-in | - |
Benchmark | NIFTY Money Market Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.6 |
Beta | 1.2 |
Sharpe Ratio | 0.6 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential Money Market Fund (G) | 8,44,098 | 1,11,486 | 5.9% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Reserve Bank of India
3.7%Small Industries Devp. Bank of India Ltd.
3.1%Others
2.3%Indian Bank
2.2%Union Bank of India
2.2%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,523 cr | ||
₹ 8,029 cr | ||
₹ 10,307 cr | ||
₹ 14,839 cr | ||
₹ 4,610 cr |
About the AMC
ICICI Prudential Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
17.5% | 15.7% | ||
21.9% | 20.9% | ||
11.4% | 16.3% | ||
6.1% | 7.1% | ||
6.1% | 7.4% |
ICICI Prudential Money Market Fund Regular Plan Growth Review
ICICI Prudential Money Market Fund Regular Plan Growth is a Money Market Debt fund and has delivered an annualised return of 7.116% over a period of 18 years. The fund is managed by ICICI Prudential Mutual Fund. The fund managers are Manish Banthia, Nikhil Kabra.
Nav of ICICI Prudential Money Market Fund as of 10/15/2024 is ₹359.53 with the total AUM as of 10/16/2024 is ₹24630.816974. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Money Market Fund was launched on 2006-03-09. The category risk of the fund is null.
The minimum SIP amount for ICICI Prudential Money Market Fund Regular Plan Growth is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
ICICI Prudential Money Market Fund Regular Growth is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Money Market Index A-I.
It is rated as a 4 fund in Debt and delivered 7.667% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Money Market Fund.
Frequently Asked Questions
What is ICICI Prudential Money Market Fund?
How to invest in ICICI Prudential Money Market Fund?
You can invest in ICICI Prudential Money Market Fund Regular Plan through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of ICICI Prudential Money Market Fund?
The minimum sip amount for ICICI Prudential Money Market Fund Regular Plan is ₹1000. You can invest in multiples of ₹5000.
Is ICICI Prudential Money Market Fund Regular Plan good to invest in?
As per Scripbox experts, it is a 4 fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the ICICI Prudential Money Market Fund Regular Plan Growth?
The expense ratio of the ICICI Prudential Money Market Fund Regular Growth is 0.32% for regular plan.
What is the NAV of ICICI Prudential Money Market Fund?
Today's ICICI Prudential Money Market Fund Regular Growth NAV is ₹359.53.