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  • ICICI Mutual Funds
  • ICICI Prudential Money Market Fund Retail (Growth)

Formerly ICICI Pru Money Mkt Gr

ICICI Mutual Funds

ICICI Prudential Money Market Fund Retail (Growth)

DebtMoney Market

Top Ranked

306.6704

NAV (Apr 24)

7%
3 Year CAGR
Scripbox Opinion

Not Reviewed yet

Our analysis of this fundLearn how we rate funds ->

Track Record

19 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

13,262 Cr. Category leader in size

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

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    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

306.6704

NAV (Apr 24)

Fund Returns

Last 1Y

7.2%

Last 3Y

7%

Last 5Y

7.1%

Last 10Y

7.4%

Since Inception

6.4%

6 Month CAGR

3.1%

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Scheme Information

Investment Objective

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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Moderate Risk

Expense Ratio

0.33

Launched (19y ago)

Mar 06, 2002

AUM in Crores

13261.746

ISIN

INF109K01TW3

Lock-in

No Lock-in

Benchmark

CRISIL Money Market TR INR

SIP Minimum

0

Lumpsum Min.

5000

Fund Managers
user-avatar

Nikhil Kabra

Fund Manager

user-avatar

Rahul Goswami

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)

Kotak Savings Fund (G)

₹ 13,499 cr

5

₹ 33,567 cr

5

₹ 11,691 cr

5

₹ 27,296 cr

5

₹ 31,118 cr

5

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About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 486,915 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,526 debt and 64 hybrid funds.

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  • tel-amc-about
    022-26525000
  • mail-amc-about
    enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    16.9%

    14.7%

    7.2%

    7.9%

    0.2%

    11.7%

    6.7%

    7.4%

    5.6%

    4.7%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

    We match your objectives to the right portfolio. World-class wealth management using science, data and technology, leveraged by our experience, and human touch. Get started with your wealth creation without worry.

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    About ICICI Prudential Money Market Fund Retail (G)

    About ICICI Prudential Money Market Fund Retail (G)

    ICICI Prudential Money Market Fund Retail (G) is a Money Market Debt fund and has delivered an annualised return of 6.4% over a period of 19 years. The fund was previously known as ICICI Pru Money Mkt Gr . The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Nikhil Kabra, Rahul Goswami

    ICICI Prudential Money Market Fund Retail (G) Investment Objective

    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. . However, there is no assurance that the objective of the scheme will be realized.

    ICICI Prudential Money Market Fund Retail (G) NAV,AUM,Risk

    The ICICI Prudential Money Market Fund Retail (G) fund was launched on Mar 06, 2002. The NAV (Net Asset Value) of this Money Market Debt fund as of 2020-04-24 is ₹306.67. The total AUM (Asset Under Management) of the fund as of 06/12/2021 is ₹13261.746. The category risk of the ICICI Prudential Money Market Fund Retail (G) fund is Moderate Risk. The fund charges 0.33 % as expense ratio.

    ICICI Prudential Money Market Fund Retail (G) Holdings

    The fund’s highest allocation is towards Others and has invested 86.1% in this asset class. The top three holdings of the fund are , treps , 8.20% govt stock 2022 , 182 dtb 16122021 , panatone finvest limited , 91 dtb 13012022 , national bank for agriculture and rural development , can fin homes limited , hindustan petroleum corporation limited , tata motors finance limited , tata teleservices limited , 182 dtb 30122021 , mahindra & mahindra financial services limited , tata teleservices (maharashtra) ltd , bajaj finance limited , reliance industries limited , reliance jio infocomm limited , reverse repo (07-01-22) , tata teleservices (maharashtra) ltd , lic housing finance limited , barclays investments & loans (india) private limited , axis bank limited , canfin homes limited , 182 dtb 09122021 , tata teleservices (maharashtra) ltd , cholamandalam investment and fin. co. ltd , tata teleservices limited , axis bank limited , sharekhan limited , standard chartered investments and loans (india) limited , standard chartered investments and loans (india) limited , sharekhan limited , credit suisse finance (india) private limited , axis bank limited , kotak mahindra investments limited , can fin homes limited , tata capital housing finance limited , hdfc credila financial services limited , sharekhan limited , 182 dtb 14042022 , barclays investments & loans (india) limited , net current assets , cholamandalam investment and fin. co. ltd , axis securities limited , infina finance private limited , credit suisse finance (india) private limited , infina finance private limited , export-import bank of india , sbm bank (india) limited , 04.75 hr sdl 2022 , sharekhan limited , 91 dtb 19112021 , 8.76% maharashtra sdl 2022 , 9.03% puducherry sdl 2022

    ICICI Prudential Money Market Fund Retail (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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.

    ICICI Prudential Money Market Fund Retail (G) Investment volatility and Horizon

    This fund 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 Retail (G) Review

    ICICI Prudential Money Market Fund Retail (G) has a score of 4 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Money Market Fund Retail (G) has a score of 5out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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