Formerly ICICI Pru Money Mkt Gr
₹ 306.6704
NAV (Apr 24)
Top Ranked
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.
Track Record
19 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
10,355 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
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
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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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
0.33 %
Expense Ratio
Mar 06, 2002
Launched (19y ago)
₹ 10,355
AUM in Crores
INF109K01TW3
ISIN
No Lock-in
Lock-in
CRISIL Money Market TR INR
Benchmark
₹ 0
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
Recommended
Top Ranked
17 Years
Age
Track Record
Liquid
Recommended
Top Ranked
17 Years
Age
Track Record
Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
About the AMC
ICICI Prudential Asset Management Company Limited
ICICI Prudential Asset Management Company Limited manages assets worth 397,926 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 104 equity,526 debt and 64 hybrid funds.
Large Cap
Recommended
Top Ranked
₹ 25,513 Cr
Fund Size
11.6%
3Y returns
Low Duration
Recommended
Top Ranked
₹ 26,705 Cr
Fund Size
8%
3Y returns
Large Cap
Top Ranked
₹ 25,513 Cr
Fund Size
0.2%
3Y returns
Low Duration
Top Ranked
₹ 26,705 Cr
Fund Size
6.7%
3Y returns
Low Duration
Top Ranked
₹ 26,705 Cr
Fund Size
8%
3Y returns
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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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
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.
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 as of 2020-04-24 is ₹ 306.6704. The total AUM (Asset Under Management) of the fund as of 2021-02-26 is ₹ 10354.775. The category risk of the ICICI Prudential Money Market Fund Retail (G) fund is Moderate Risk. The fund charges 0.33 % as expense ratio.
The fund’s highest allocation is towards others and has invested 84.4% in this asset class. The top three holdings of the fund are 6.17% govt stock 2021,7.94% govt stock 2021 and 364 dtb 25032021
The minimum SIP (Systematic Investment Plan) amount for this 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.
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) has a score of 4 on a scale of 5. The fund scores 4 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 5 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.