1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.17 | 0.03 | 0.06 | 0.24 | 0.83 | 1.94 | 5.98 | 7.15 | 7.13 | 7.57 | 8.02 |
CCIL T Bill Liquidity Weight | 0.08 | -0.01 | 0.04 | 0.10 | 0.46 | 1.07 | 2.95 | 3.78 | 4.00 | 4.42 | 4.70 |
Debt: Money Market | 0.16 | 0.02 | 0.05 | 0.23 | 0.77 | 1.73 | 5.31 | 6.76 | 6.96 | 7.43 | 7.99 |
Rank within category | 7 | 5 | 5 | 9 | 8 | 7 | 4 | 6 | 6 | 6 | 10 |
Number of funds in category | 20 | 20 | 20 | 20 | 19 | 19 | 18 | 12 | 12 | 12 | 12 |
As on 25-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
ICICI Prudential Money Market Fund | Invest Now | Mar-06 | 5.98 | 7.15 | 7.13 | 0.33 | 8,884 | |
HDFC Money Market Fund | Invest Online | Nov-99 | 6.31 | 7.24 | 7.11 | 0.35 | 11,197 | |
Aditya Birla Sun Life Money Manager Fund | Invest Online | Oct-05 | 6.33 | 7.42 | 7.33 | 0.34 | 9,548 | |
Tata Money Market Fund - Regular Plan | Invest Online | May-03 | 6.15 | 4.64 | 5.60 | 0.44 | 1,524 | |
Franklin India Savings Fund - Retail Plan | Invest Online Now | Feb-02 | 5.75 | 7.22 | 7.38 | 0.28 | 1,233 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 1.57 (24-Mar-2020 - 31-Mar-2020) | -1.10 (17-Mar-2020 - 24-Mar-2020) |
Month | 2.32 (24-Mar-2020 - 23-Apr-2020) | -0.75 (25-Feb-2020 - 26-Mar-2020) |
Quarter | 3.95 (24-Mar-2020 - 24-Jun-2020) | 0.02 (24-Dec-2019 - 24-Mar-2020) |
Year | 9.92 (12-Aug-2011 - 13-Aug-2012) | 3.01 (29-Apr-2009 - 29-Apr-2010) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 7.02 | 0.62 | 3.64 | 7.51 | 1.03 | 3.27 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Money Market | 6.73 | 1.04 | 2.76 | 5.46 | 1.34 | 3.28 |
Rank within category | 7 | 7 | 5 | 4 | 6 | 8 |
Number of funds in category | 15 | 15 | 15 | 15 | 15 | 15 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 52 | 83 | 36 | 39 |
Modified Duration (yrs) | 0.39 | 0.82 | 0.28 | 0.31 |
Average Maturity (yrs) | 0.40 | 0.87 | 0.29 | 0.30 |
Yield to Maturity (%) | 3.64 | 6.12 | 3.32 | 3.33 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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6.17% GOI 15/07/2021 | GOI Securities | SOV | 0.00 - 10.82 | 10.82 |
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Reliance Industries 364-D 10/03/2021 | Commercial Paper | A1+ | 0.00 - 12.42 | 7.55 |
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Cadila Healthcare 359-D 22/10/2021 | Commercial Paper | A1+ | 0.00 - 5.73 | 5.73 |
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HDFC 25/10/2021 | Commercial Paper | A1+ | 0.00 - 5.45 | 5.45 |
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Indusind Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 7.19 | 4.77 |
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National Bank Agr. Rur. Devp 18/02/2021 | Certificate of Deposit | A1+ | 0.00 - 6.89 | 4.48 |
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SIDBI 16/03/2021 | Commercial Paper | A1+ | 0.00 - 6.01 | 3.92 |
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Reserve Bank of India 364-D 25/03/2021 | Treasury Bills | SOV | 0.00 - 3.52 | 3.52 |
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Tata Teleservices 363-D 01/12/2021 | Commercial Paper | A1+ | 0.00 - 3.47 | 3.47 |
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Reliance Retail Ventures 188-D 04/03/2021 | Commercial Paper | A1+ | 0.00 - 4.57 | 3.36 |
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Tata Teleservices (Mah) 363-D 01/12/2021 | Commercial Paper | A1+ | 0.00 - 2.93 | 2.93 |
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Tata Motors Finance 277-D 15/06/2021 | Commercial Paper | A1+ | 0.00 - 2.79 | 2.76 |
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7.94% GOI 24/05/2021 | Central Government Loan | SOV | 0.00 - 2.52 | 2.52 |
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Tata Capital Housing Finance 365-D 04/03/2021 | Commercial Paper | A1+ | 0.00 - 3.40 | 2.24 |
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Havells India 235-D 26/03/2021 | Commercial Paper | A1+ | 0.00 - 2.28 | 2.24 |
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Bharti Hexacom 276-D 19/03/2021 | Commercial Paper | A1+ | 0.00 - 2.81 | 2.23 |
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Tata Motors 339-D 31/05/2021 | Commercial Paper | A1+ | 0.00 - 2.74 | 2.21 |
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Reserve Bank of India 13/05/2021 | Treasury Bills | SOV | 0.00 - 2.11 | 2.11 |
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7.80% GOI 2021 | Central Government Loan | SOV | 0.00 - 3.77 | 2.05 |
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Power Finance Corp. 358-D 30/07/2021 | Commercial Paper | A1+ | 0.00 - 1.93 | 1.93 |
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Tata Motors 352-D 13/08/2021 | Commercial Paper | A1+ | 0.00 - 1.94 | 1.92 |
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6.60% Larsen & Toubro 23/04/2021 | Non Convertible Debenture | AAA | 0.00 - 2.46 | 1.70 |
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HDFC 357-D 24/02/2021 | Commercial Paper | A1+ | 0.00 - 8.53 | 1.68 |
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Indusind Bank 25/02/2021 | Certificate of Deposit | A1+ | 0.00 - 2.53 | 1.68 |
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Tata Motors Finance 270-D 08/06/2021 | Commercial Paper | A1+ | 0.00 - 1.68 | 1.65 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Nikhil Kabra since 03-Aug-2016
Education: Mr. Kabra is a B.Com and Chartered Accountant.
Experience: Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
Funds Managed:
— Rahul Goswami since 01-Nov-2013
Education: Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)
Experience: Prior to joining ICICI Prudential AMC he has worked with UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
Funds Managed:
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market upto 100% and debt securities upto 40%. The aim is to optimize returns while providing liquidity.
Minimum Investment (₹) | 500 |
Minimum Addl Investment (₹) | 1 |
Minimum SIP Investment (₹) | 100 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 500 |
Minimum Balance (₹) | -- |
Exit Load | 0 |
Fund House: | ICICI Prudential Mutual Fund |
Launch Date: | 09-Mar-2006 |
Return Since Launch: | 7.43% |
Benchmark: | CRISIL Money Market Index |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 8,884 Cr (As on 31-Dec-2020) |
Expense: | 0.33% (As on 31-Dec-2020) |
Risk Grade: | -- |
Return Grade: | Above Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 22-Jan-2021 | 0.0086 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 18-Jan-2021 | 0.0201 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Fortnightly | 15-Jan-2021 | 0.1090 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 30-Dec-2020 | 0.2709 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Others | 29-Sep-2014 | 2.3483 |
AMC: ICICI Prudential Asset Management Company Ltd
Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051
Phone: 022-26525000 / 1800-222-999 / 1800-200-6666
Fax: 022-26528100
Email: [email protected]
Website: http://www.icicipruamc.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com