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ICICI Prudential Money Market Fund download report


Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"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

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
ICICI Pru Money Market-G 1.79 0.02 0.12 0.41 0.76 1.79 3.63 5.14 6.09 6.49 7.26
CCIL T Bill Liquidity Weight 0.91 0.05 0.07 0.27 0.34 0.91 1.99 2.70 3.31 3.68 4.25
Debt: Money Market 1.65 0.03 0.12 0.39 0.69 1.65 3.40 4.90 5.80 6.34 7.14
Rank within category 9 15 8 8 11 9 8 6 5 6 7
Number of funds in category 20 20 20 20 20 20 18 15 12 12 12

As on 01-Jul-2022

Peer Comparison

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
3 star
Mar-06 3.63 5.14 6.09 0.33% 11,457
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
Oct-05 3.75 5.37 6.31 0.33% 13,543
HDFC Money Market Fund  | Invest Online
4 star
Nov-99 3.69 5.33 6.14 0.41% 13,367
Nippon India Money Market Fund  | Invest Online
4 star
Jun-05 3.87 5.19 6.18 0.28% 10,267
UTI Money Market Fund - Regular Plan  | Invest Online
4 star
Jul-09 3.81 5.16 6.14 0.28% 9,403

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
ICICI Pru Money Market-G 5.08 0.72 2.21 5.86 1.33 2.66
CCIL T Bill Liquidity Weight 2.69 0.37 -2.20 -4.41 -- --
Debt: Money Market* 4.81 0.79 1.78 4.76 1.50 2.58
Rank within category* 6 8 7 7 6 8
Number of funds in category* 16 16 16 16 16 16

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2022

* As on 30-Jun-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 53 59 46 47
Modified Duration (yrs) 0.35 0.55 0.14 0.37
Average Maturity (yrs) 0.38 0.58 0.15 0.38
Yield to Maturity (%) 5.56 5.56 3.60 5.42
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 182-D 15/09/2022 Treasury Bills SOV 0.00 - 9.33 9.07
equal Reserve Bank of India 182-D 22/09/2022 Treasury Bills SOV 0.00 - 6.99 6.49
equal Panatone Finvest 364-D 30/01/2023 Commercial Paper A1+ 0.00 - 6.81 6.27
equal HDFC Bank 25/07/2022 Certificate of Deposit A1+ 0.00 - 4.69 4.55
equal Deutsche Bank 23/12/2022 Certificate of Deposit A1+ 0.00 - 4.59 4.22
down National Bank Agr. Rur. Devp 14/02/2023 Commercial Paper A1+ 0.00 - 6.85 3.77
new HDFC 354-D 10/06/2022 Commercial Paper A1+ 0.00 - 3.49 3.49
equal Canara Bank 2022 Certificate of Deposit A1+ 0.00 - 3.76 3.47
equal Reserve Bank of India 182-D 08/09/2022 Treasury Bills SOV 0.00 - 3.73 3.45
new HDFC 155-D 27/10/2022 Commercial Paper A1+ 0.00 - 3.41 3.41
equal Tata Teleservices 361-D 24/02/2023 Commercial Paper A1+ 0.00 - 3.62 3.33
equal Tata Teleservices 364-D 29/11/2022 Commercial Paper A1+ 0.00 - 3.35 3.09
equal Axis Bank 25/08/2022 Certificate of Deposit A1+ 0.00 - 2.80 2.59
equal Reliance Retail Ventures 173-D 12/09/2022 Commercial Paper A1+ 0.00 - 2.33 2.15
equal Reliance Jio Infocomm 178-D 19/09/2022 Commercial Paper A1+ 0.00 - 2.33 2.15
new Larsen & Toubro 134-D 30/09/2022 Commercial Paper A1+ 0.00 - 2.14 2.14
new Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.14 2.14
equal HDFC 305-D 20/01/2023 Commercial Paper A1+ 0.00 - 2.28 2.10
equal Reserve Bank of India 182-D 25/08/2022 Treasury Bills SOV 0.00 - 1.87 1.73
equal Reliance Retail Ventures 172-D 30/08/2022 Commercial Paper A1+ 0.00 - 1.87 1.72
new Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 1.71 1.71
equal Tata Steel 120-D 18/08/2022 Commercial Paper A1+ 0.00 - 1.51 1.51
equal Can Fin Homes 294-D 20/06/2022 Commercial Paper A1+ 0.00 - 1.41 1.31
equal Canara Bank 17/08/2022 Certificate of Deposit A1+ 0.00 - 1.40 1.30
equal Crompton Greaves Consumer Electricals 180-D 13/09/2022 Commercial Paper A1+ 0.00 - 1.40 1.29

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— 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:


0.02%

Change from previous, NAV as on 01-Jul-2022

Growth: ₹ 306.5496

IDCW Weekly: ₹ 100.7828

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IDCW Others: ₹ 140.7933

IDCW Monthly: ₹ 100.6811

IDCW Fortnightly: ₹ 100.6794

IDCW Daily: ₹ 100.1295


Investment Strategy

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.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 1
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 09-Mar-2006
Return Since Launch: 7.10%
Benchmark: CRISIL Money Market Fund BI Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 11,457 Cr (As on 31-May-2022)
Expense: 0.33% (As on 31-May-2022)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Jun-20220.0280

 29-Jun-20220.0135
 28-Jun-20220.0164
 27-Jun-20220.0414
 24-Jun-20220.0210
 23-Jun-20220.0182
 22-Jun-20220.0192
 21-Jun-20220.0173
 20-Jun-20220.0394
 15-Jun-20220.0131
 14-Jun-20220.0099
 13-Jun-20220.0295
 10-Jun-20220.0153
 09-Jun-20220.0171
 08-Jun-20220.0314
 06-Jun-20220.0253
 03-Jun-20220.0158
 02-Jun-20220.0121
 01-Jun-20220.0222
 31-May-20220.0160
 30-May-20220.0050
 02-May-20220.0364
 29-Apr-20220.0075
 28-Apr-20220.0080
 27-Apr-20220.0117
IDCW Fortnightly30-Jun-20220.2156

 15-Jun-20220.2091
 30-May-20220.0416
 29-Apr-20220.2223
 13-Apr-20220.0852
 30-Mar-20220.2295
 15-Mar-20220.1628
 28-Feb-20220.1275
 15-Feb-20220.1973
 28-Jan-20220.1165
 14-Jan-20220.1669
 30-Dec-20210.1404
 15-Dec-20210.1368
 30-Nov-20210.1509
 15-Nov-20210.2084
 29-Oct-20210.0791
 14-Oct-20210.1518
 30-Sep-20210.1042
 15-Sep-20210.1521
 30-Aug-20210.2088
 13-Aug-20210.1419
 30-Jul-20210.1578
 15-Jul-20210.1761
 30-Jun-20210.1429
 15-Jun-20210.1779
IDCW Monthly30-Jun-20220.4090

 31-May-20220.0576
 29-Apr-20220.2724
 31-Mar-20220.4280
 28-Feb-20220.2929
 31-Jan-20220.2997
 31-Dec-20210.2934
 30-Nov-20210.3596
 29-Oct-20210.2311
 30-Sep-20210.2465
 31-Aug-20210.3609
 30-Jul-20210.3343
 30-Jun-20210.2941
 31-May-20210.2879
 30-Apr-20210.3410
 31-Mar-20210.4131
 26-Feb-20210.2834
 29-Jan-20210.2248
 30-Dec-20200.2709
 27-Nov-20200.3196
 29-Oct-20200.4063
 30-Sep-20200.3448
 28-Aug-20200.3573
 30-Jul-20200.4906
 30-Jun-20200.4773
IDCW Weekly27-Jun-20220.1177

 20-Jun-20220.0629
 13-Jun-20220.0938
 06-Jun-20220.0920
 30-May-20220.0050
 02-May-20220.0745
 25-Apr-20220.1139
 18-Apr-20220.0665
 11-Apr-20220.0058
 04-Apr-20220.1141
 28-Mar-20220.1070
 21-Mar-20220.1190
 14-Mar-20220.0907
 07-Mar-20220.0448
 28-Feb-20220.0709
 21-Feb-20220.0720
 14-Feb-20220.0983
 08-Feb-20220.0516
 31-Jan-20220.0665
 24-Jan-20220.0523
 17-Jan-20220.0757
 10-Jan-20220.0704
 03-Jan-20220.0841
 27-Dec-20210.0657
 20-Dec-20210.0553
IDCW Others16-Mar-20225.7000

 24-Mar-20219.3173
 29-Sep-20142.3483

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Fax: 022-26528100

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

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