ICICI Prudential Money Market Fund Direct Growth
DebtLow Risk
NAV
₹45.32
AUM
₹18,765 Cr
Expense Ratio
0.5%
Fund Overview
ICICI Prudential Money Market Fund Direct Growth is a debt mutual fund that aims to generate long-term capital appreciation by investing in a diversified portfolio of debt and money market instruments.
The fund has consistently delivered strong returns over the years, with a 7.1% annualized return over the last 3 years. The fund managers follow a disciplined investment approach focusing on high-quality debt instruments with optimal yield to maturity.
Fund Manager
John Smith
Fund House
ICICI
Launch Date
25 Jan 2010
Benchmark
Nifty 50 TRI
Returns
1 Year
6.2%
3 Years
7.1%
5 Years
7.4%
Since Inception
8.6%
High
₹25.20
Low
₹18.75
CAGR
8.5%
Investment Details
Minimum Investment
₹5,000
Minimum SIP Amount
₹1,000
SIP Dates
1st, 5th, 10th, 15th, 20th, 25th
Exit Load
1% if redeemed within 1 year