Formerly ICICI Pru Money Market Mn DP
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
₹ 10,832 Cr
The fund has been a Category Leader on the Fund Size metric
The performance of the fund on a Rolling Returns metric has been Satisfactory
View all 8 analysis
Want the most stable money market funds for your portfolio?
NAV (Aug 12)
6 Month CAGR
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.
Launched (16y ago)
Mar 13, 2006
AUM in Crores
CRISIL Money Market TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
182 Days Treasury Bill 15-09-20226.9%
182 Days Treasury Bill 22-09-20226.9%
panatone finvest ltd6.7%
canara bank limited5.8%
deutsche bank **4.5%
|Fund Name||Fund Size||Rolling Returns|
₹ 38,404 cr
₹ 14,762 cr
₹ 21,845 cr
₹ 13,395 cr
₹ 38,404 cr
ICICI Prudential Asset Management Company Limited
ICICI Prudential Asset Management Company Limited manages assets worth 487,746 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,526 debt and 68 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
ICICI Prudential Money Market Fund (PIDCW-M) 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 Mn DP. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Nikhil Kabra, Rahul Goswami.
Nav of ICICI Prudential Money Market Fund (PIDCW-M) as of 8/12/2022 is ₹100.88 with the total AUM as of 8/17/2022 is ₹10831.91. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Money Market Fund (PIDCW-M) was launched on Mar 13, 2006. The category risk of the fund is Moderate Risk.
The minimum SIP amount for ICICI Prudential Money Market Fund (PIDCW-M) is ₹0 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 (PIDCW-M) 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 (PIDCW-M) is rated as a 4 fund in Debt and delivered 3.8% 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 (PIDCW-M).
What is ICICI Prudential Money Market Fund (PIDCW-M)?
How to invest in ICICI Prudential Money Market Fund (PIDCW-M)?
You can invest in ICICI Prudential Money Market Fund (PIDCW-M) 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 (PIDCW-M)?
The minimum sip amount for ICICI Prudential Money Market Fund (PIDCW-M) is ₹0. You can invest in multiples of ₹5000.
Is ICICI Prudential Money Market Fund (PIDCW-M) good to invest in?
As per Scripbox experts, ICICI Prudential Money Market Fund (PIDCW-M) is a Top Ranked fund. You can investICICI Prudential Money Market Fund (PIDCW-M) 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 (PIDCW-M)?
The expense ratio of the ICICI Prudential Money Market Fund (PIDCW-M) is 0.33% for regular plan.