Fund Performance
Lumpsum
SIP
5.17
as on 07 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,632 today.
NAV Performance
Fund Information
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₹ 337.140
as on 07 Dec 2023 -
Regular - Growth
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5 / 20
-
₹ 500
-
₹ 8,948 Cr.
as on 31 May 2023 -
0.31%
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08 Mar 2006
-
CRISIL 10 Year Gilt Index
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ICICI prudential Mutual Fund
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Highlights of this fund
ICICI Prudential Money Market Fund is an Open-ended Debt Fund. The fund belongs to Money Market Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 08 Mar 2006. This fund is offered by one of the top AMC (Assets Management Company) ICICI prudential Mutual Fund. You can also view here all other Debt funds offered by ICICI prudential Mutual Fund.
Latest NAV of the fund is ₹ 337.140 as on 07 Dec 2023.
This fund has 17 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.31%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities.
List of Fund Managers of ICICI Prudential Money Market Fund
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About Rahul Goswami
Rahul is instrumental in investment strategy development and execution of the fixed income product suite. He manages some of the key debt funds.With over two decades of rich experience, he was earlier associated with Standard Chartered Bank, Franklin Templeton, UTI Bank, SMIFS Securities, Khandwala Finance Ltd and RR Financial Consultants. He holds a Bachelor’s degree in Science and MBA from Bhopal University.
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About Nikhil Kabra
Mr. Kabra is a B.Com and Chartered Accountant. 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.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.15% | 0.58% | 1.71% | 3.51% | 7.46% | 6.06% | 6.26% | 6.67% | 8.46% | 7.36% | 6.82% | 6.10% | 6.47% | 6.51% |
| Category Average | 0.13% | 0.52% | 1.59% | 3.24% | 6.97% | 5.68% | 5.00% | 5.81% | 6.88% | 7.04% | 6.48% | 5.76% | 5.56% | 6.14% |
| ICICI Prudential Money Market Fund | 0.13%₹ 10,013 | 0.55%₹ 10,055 | 1.68%₹ 10,168 | 3.44%₹ 10,344 | 7.38%₹ 10,737 | 7.27%₹ 12,466 | 5.92%₹ 11,219 | 6.72%₹ 25,698 | 5.17%₹ 11,632 | 6.00%₹ 39,430 | 5.99%₹ 13,376 | 5.70%₹ 69,293 | 6.93%₹ 19,559 | 6.35%₹ 1,66,257 |
| UTI Money Market Fund | 0.15%₹ 10,014 | 0.56%₹ 10,055 | 1.71%₹ 10,170 | 3.51%₹ 10,351 | 7.46%₹ 10,745 | 7.36%₹ 12,472 | 6.05%₹ 11,247 | 6.82%₹ 25,723 | 5.28%₹ 11,669 | 6.10%₹ 39,493 | 6.03%₹ 13,405 | 5.77%₹ 69,414 | 6.97%₹ 19,618 | 6.40%₹ 1,66,704 |
| Nippon India Money Market Fund | 0.15%₹ 10,014 | 0.55%₹ 10,055 | 1.69%₹ 10,169 | 3.46%₹ 10,346 | 7.37%₹ 10,737 | 7.28%₹ 12,467 | 6.06%₹ 11,249 | 6.78%₹ 25,715 | 5.29%₹ 11,673 | 6.09%₹ 39,487 | 6.06%₹ 13,421 | 5.77%₹ 69,418 | 6.97%₹ 19,630 | 6.41%₹ 1,66,804 |
| Aditya Birla Sun Life Money Manager Fund | 0.13%₹ 10,013 | 0.55%₹ 10,055 | 1.71%₹ 10,171 | 3.48%₹ 10,348 | 7.45%₹ 10,744 | 7.33%₹ 12,470 | 6.02%₹ 11,240 | 6.80%₹ 25,719 | 5.28%₹ 11,669 | 6.09%₹ 39,485 | 6.17%₹ 13,491 | 5.84%₹ 69,541 | 7.08%₹ 19,821 | 6.51%₹ 1,67,672 |
| SBI Savings Fund | 0.13%₹ 10,012 | 0.52%₹ 10,052 | 1.58%₹ 10,157 | 3.22%₹ 10,321 | 6.91%₹ 10,691 | 6.79%₹ 12,436 | 5.48%₹ 11,126 | 6.25%₹ 25,579 | 4.76%₹ 11,496 | 5.55%₹ 39,168 | 5.59%₹ 13,129 | 5.27%₹ 68,560 | 6.69%₹ 19,112 | 6.00%₹ 1,63,291 |
| HDFC Money Market Fund | 0.13%₹ 10,013 | 0.54%₹ 10,053 | 1.66%₹ 10,165 | 3.43%₹ 10,343 | 7.30%₹ 10,729 | 7.18%₹ 12,461 | 5.89%₹ 11,212 | 6.65%₹ 25,681 | 5.18%₹ 11,634 | 5.96%₹ 39,409 | 6.08%₹ 13,433 | 5.73%₹ 69,358 | 6.91%₹ 19,517 | 6.35%₹ 1,66,317 |
Portfolio Holdings
Top Debt Instrument Type holdings of ICICI Prudential Money Market Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CD | 45.55% | ₹ 6,117.93 Cr. |
| CP | 31.60% | ₹ 4,248.33 Cr. |
| T-Bills | 13.49% | ₹ 1,813.03 Cr. |
| GOI | 4.81% | ₹ 645.15 Cr. |
| Others | 4.55% | - |
Top Debt Holdings of ICICI Prudential Money Market Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 13.49% | ₹ 1,813.03 Cr. |
| Bond - Axis Bank Ltd. | 7.11% | ₹ 953.65 Cr. |
| Bond - Small Industries Development Bank Of India | 7.03% | ₹ 945.67 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 6.87% | ₹ 922.63 Cr. |
| Bond - HDFC Bank Ltd. | 6.39% | ₹ 859.26 Cr. |
| Others | 59.11% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 5.69% |
| Net Receivables | -1.16% |