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

Formerly ICICI Pru Money Mkt Gr

ICICI Mutual Fund

ICICI Prudential Money Market Fund Retail (Growth)

DebtMoney Market

Top Ranked

306.6704

NAV (Apr 24)

7%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within money market mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Rolling Returns

Satisfactory

The performance of the fund on a Rolling Returns metric has been Satisfactory

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

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%

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.

Expense Ratio

0.33

Launched (20y ago)

Mar 06, 2002

AUM in Crores

10978.649

ISIN

INF109K01TW3

Lock-in

No Lock-in

Benchmark

CRISIL Money Market TR INR

SIP Minimum

0

Lumpsum Min.

5000

Standard Deviation (3yr)

0.4

Standard Deviation (5yr)

0.3

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

1.866

Sharpe Ratio (5yr)

1.692

YTM

6.99

Fund Managers

Rahul Goswami

Fund Manager

Nikhil Kabra

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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.

Asset allocation and Holdings

Last updated on 2020-04-24

Top Debt Holdings

See all holdings

Compare ICICI Prudential Money Market Fund Retail (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 46,469 cr

₹ 14,221 cr

₹ 18,664 cr

₹ 13,008 cr

₹ 46,469 cr

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 515,509 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,529 debt and 64 hybrid funds.

amc-img

  • 022-26525000
  • enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4%

    7.1%

    12.1%

    15.5%

    5%

    5.9%

    6.4%

    6.9%

    6.4%

    7.5%

    ICICI Prudential Money Market Fund Retail (G) Review

    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 20 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.

    Nav of ICICI Prudential Money Market Fund Retail (G) as of 4/24/2020 is ₹306.67 with the total AUM as of 11/28/2022 is ₹10978.649. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Money Market Fund Retail (G) was launched on Mar 06, 2002. The category risk of the fund is Moderate Risk.

    The minimum SIP amount for ICICI Prudential Money Market Fund Retail (G) 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 Retail (G) 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) is rated as a 4 fund in Debt and delivered 7.2% 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 Retail (G).

    Frequently Asked Questions

    What is ICICI Prudential Money Market Fund Retail (G)?

    ICICI Prudential Money Market Fund Retail (G) is a Money Market Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in ICICI Prudential Money Market Fund Retail (G)?

    You can invest in ICICI Prudential Money Market Fund Retail (G) 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 Retail (G)?

    The minimum sip amount for ICICI Prudential Money Market Fund Retail (G) is ₹0. You can invest in multiples of ₹5000.

    Is ICICI Prudential Money Market Fund Retail (G) good to invest in?

    As per Scripbox experts, ICICI Prudential Money Market Fund Retail (G) is a Top Ranked fund. You can investICICI Prudential Money Market Fund Retail (G) 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 Retail (G)?

    The expense ratio of the ICICI Prudential Money Market Fund Retail (G) is 0.33% for regular plan.