- Mutual Funds
- ICICI Mutual Fund
- ICICI Prudential Money Market Fund (RIDCW-15D)
Formerly ICICI Pru Money Market Fr DR
ICICI Prudential Money Market Fund (RIDCW-15D)
₹ 100.6605
NAV (Sep 16)
Money Market Funds invest in money market instruments with maturity upto 1 year.
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
₹ 100.6605
NAV (Sep 16)
Fund Returns
Last 1Y | 3.9% |
Last 3Y | 4.4% |
Last 5Y | 5% |
Last 10Y | 5.5% |
Since Inception | 5.5% |
6 Month CAGR | 2.1% |
Scheme Information
The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity by investing in money market instruments. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Expense Ratio | 0.33 |
Launched (17y ago) | Oct 04, 2006 |
AUM in Crores | 15207.762 |
ISIN | INF109K01UA7 |
Lock-in | No Lock-in |
Benchmark | CRISIL Money Market TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.8 |
Standard Deviation (5yr) | 0.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | -0.12 |
YTM | 7.33 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential Money Market Fund (RIDCW-15D) | 8,25,950 | 93,338 | 5% | |
| 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
Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
ICICI Prudential Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.6% | 7.1% | ||
15.4% | 15.6% | ||
5% | 5.9% | ||
6.4% | 6.9% | ||
6.4% | 7.5% |
ICICI Prudential Money Market Fund (RIDCW-15D) Review
ICICI Prudential Money Market Fund (RIDCW-15D) is a Money Market Debt fund and has delivered an annualised return of 5.5% over a period of 16 years. The fund was previously known as ICICI Pru Money Market Fr DR. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Manish Banthia, Nikhil Kabra, Rahul Goswami.
Nav of ICICI Prudential Money Market Fund (RIDCW-15D) as of 9/16/2022 is ₹100.66 with the total AUM as of 9/23/2023 is ₹15207.762. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Money Market Fund (RIDCW-15D) was launched on Oct 04, 2006. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for ICICI Prudential Money Market Fund (RIDCW-15D) 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 (RIDCW-15D) 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 CRISIL Money Market TR INR.
ICICI Prudential Money Market Fund (RIDCW-15D) is rated as a 4 fund in Debt and delivered 3.9% 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 (RIDCW-15D).
Frequently Asked Questions
What is ICICI Prudential Money Market Fund (RIDCW-15D)?
How to invest in ICICI Prudential Money Market Fund (RIDCW-15D)?
You can invest in ICICI Prudential Money Market Fund (RIDCW-15D) 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 (RIDCW-15D)?
The minimum sip amount for ICICI Prudential Money Market Fund (RIDCW-15D) is ₹1000. You can invest in multiples of ₹5000.
Is ICICI Prudential Money Market Fund (RIDCW-15D) good to invest in?
As per Scripbox experts, ICICI Prudential Money Market Fund (RIDCW-15D) is a Top Ranked fund. You can investICICI Prudential Money Market Fund (RIDCW-15D) fund 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 (RIDCW-15D)?
The expense ratio of the ICICI Prudential Money Market Fund (RIDCW-15D) is 0.33% for regular plan.