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Fund Overview

Fund Size

Fund Size

₹21,653 Cr

Expense Ratio

Expense Ratio

0.21%

ISIN

ISIN

INF109K01R14

Minimum SIP

Minimum SIP

₹1

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

ICICI Prudential Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 11 years, 6 months and 11 days, having been launched on 01-Jan-13.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹356.64, Assets Under Management (AUM) of 21652.61 Crores, and an expense ratio of 0.21%.
  • ICICI Prudential Money Market Fund Direct Growth has given a CAGR return of 7.27% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 34.57% in debts, and 65.26% in cash & cash equivalents.
  • You can start investing in ICICI Prudential Money Market Fund Direct Growth with a SIP of ₹1 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.61%

+6.36% (Cat Avg.)

3 Years

+6.12%

+5.43% (Cat Avg.)

5 Years

+6.04%

+5.21% (Cat Avg.)

10 Years

+6.96%

+5.68% (Cat Avg.)

Since Inception

+7.27%

(Cat Avg.)

Portfolio Summaryas of 15th June 2024

Debt7,485.56 Cr34.57%
Others14,167.06 Cr65.43%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
364 DTB 06032025Bond - Gov't/Treasury954.97 Cr4.41%
Net Current AssetsCash-806.46 Cr3.72%
Small Industries Development Bank of IndiaBond - Corporate Bond619.29 Cr2.86%
Indian BankBond - Gov't Agency Debt570.17 Cr2.63%
HDFC Bank LimitedCash - CD/Time Deposit478.6 Cr2.21%
Punjab National BankCash - CD/Time Deposit476.62 Cr2.20%
Union Bank of IndiaBond - Gov't Agency Debt474.33 Cr2.19%
Data Infrastructure TrustCash - Commercial Paper443.98 Cr2.05%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit430.33 Cr1.99%
Axis Bank LimitedCash - CD/Time Deposit428.63 Cr1.98%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit427.96 Cr1.98%
Embassy Office Parks REITCash - Commercial Paper384.38 Cr1.78%
364 DTB 13032025Bond - Gov't/Treasury381.5 Cr1.76%
India (Republic of)Bond - Short-term Government Bills381.06 Cr1.76%
Bharti Telecom LimitedCash - Commercial Paper379.22 Cr1.75%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit310.86 Cr1.44%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit285.81 Cr1.32%
LIC Housing Finance Ltd.Bond - Corporate Bond285.39 Cr1.32%
Hero Fincorp LimitedBond - Corporate Bond284.82 Cr1.32%
LIC Housing Finance Ltd.Cash - Commercial Paper284.6 Cr1.31%
Tata Capital Housing Finance LimitedCash - Commercial Paper284.06 Cr1.31%
Punjab National BankCash - CD/Time Deposit283.72 Cr1.31%
Canara BankCash - CD/Time Deposit241.72 Cr1.12%
Muthoot Finance Ltd.Cash - Commercial Paper240.39 Cr1.11%
Sharekhan LimitedCash - Commercial Paper240.32 Cr1.11%
Sharekhan LimitedCash - Commercial Paper240.09 Cr1.11%
India (Republic of)Bond - Short-term Government Bills239.08 Cr1.10%
Union Bank of IndiaBond - Gov't Agency Debt238.43 Cr1.10%
Bank of BarodaBond - Corporate Bond238.35 Cr1.10%
Tata Capital Housing Finance LimitedCash - Commercial Paper238.32 Cr1.10%
Union Bank Of IndiaCash - CD/Time Deposit238.24 Cr1.10%
Tata Teleservices LtdBond - Corporate Bond238.1 Cr1.10%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit237.96 Cr1.10%
Dbs Bank India LimitedCash - CD/Time Deposit237.69 Cr1.10%
Union Bank of IndiaBond - Gov't Agency Debt236.89 Cr1.09%
Axis Securities LimitedCash - Commercial Paper236.81 Cr1.09%
Axis Finance Ltd.Cash - Commercial Paper236.23 Cr1.09%
Indusind Bank Ltd.Bond - Corporate Bond214.65 Cr0.99%
Birla Group Holdings Private LimitedCash - Commercial Paper214.34 Cr0.99%
India (Republic of)Bond - Short-term Government Bills211.58 Cr0.98%
182 DTB 22112024Bond - Gov't/Treasury194.7 Cr0.90%
HDFC Bank LimitedCash - CD/Time Deposit193.77 Cr0.89%
Canara BankCash - CD/Time Deposit192.11 Cr0.89%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit192.05 Cr0.89%
Axis Finance Ltd.Cash - Commercial Paper191.48 Cr0.88%
Tata Capital Housing Finance Ltd.Cash - Commercial Paper191.46 Cr0.88%
HDFC Bank Ltd.Bond - Corporate Bond190.8 Cr0.88%
LIC Housing Finance Ltd.Cash - Commercial Paper190.68 Cr0.88%
Indusind Bank Ltd.Bond - Corporate Bond190.54 Cr0.88%
Infina Finance Pvt Ltd.Cash - Commercial Paper190.41 Cr0.88%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit190.33 Cr0.88%
HDFC Bank LimitedCash - CD/Time Deposit190.27 Cr0.88%
Indusind Bank LimitedCash - CD/Time Deposit189.92 Cr0.88%
Mahindra Rural Housing Finance LimitedCash - Commercial Paper189.8 Cr0.88%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit189.79 Cr0.88%
Aditya Birla Finance LimitedCash - Commercial Paper189.62 Cr0.88%
TrepsCash - Repurchase Agreement175.29 Cr0.81%
The Federal Bank LimitedCash - CD/Time Deposit169.55 Cr0.78%
Mahindra Rural Housing Finance LimitedCash - Commercial Paper166.51 Cr0.77%
Bank Of BarodaCash - CD/Time Deposit166.42 Cr0.77%
Hero Fincorp LimitedCash - Commercial Paper165.82 Cr0.77%
Axis Bank LimitedCash - CD/Time Deposit145.53 Cr0.67%
364 DTB 12122024Bond - Gov't/Treasury145.47 Cr0.67%
HDFC Bank Ltd.Bond - Corporate Bond144.7 Cr0.67%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit144.1 Cr0.67%
Bank Of BarodaCash - CD/Time Deposit143.15 Cr0.66%
Axis Bank LimitedCash - CD/Time Deposit142.9 Cr0.66%
HDFC Bank LimitedCash - CD/Time Deposit142.88 Cr0.66%
Small Industries Development Bank Of IndiaCash - Commercial Paper142.84 Cr0.66%
Tata Projects LimitedCash - Commercial Paper142.73 Cr0.66%
Standard Chartered Capital LimitedCash - Commercial Paper142.18 Cr0.66%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit140.08 Cr0.65%
HDFC Bank LimitedCash - CD/Time Deposit139.57 Cr0.64%
07.38% MP Sdl 2025Bond - Gov't/Treasury137.62 Cr0.64%
364 DTB 14112024Bond - Gov't/Treasury121.87 Cr0.56%
Mahindra Rural Housing Finance LimitedCash - Commercial Paper121.17 Cr0.56%
08.08 Wb SDL 2025Bond - Gov't/Treasury100.58 Cr0.46%
08.05 GJ Sdl 2025Bond - Gov't/Treasury100.5 Cr0.46%
Axis Bank LimitedCash - CD/Time Deposit96.09 Cr0.44%
Axis Bank LimitedCash - CD/Time Deposit95.79 Cr0.44%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit95.5 Cr0.44%
Mindspace Business Parks REITCash - Commercial Paper95.16 Cr0.44%
Indian BankCash - CD/Time Deposit95.08 Cr0.44%
Barclays Investments & Loans (India) Private LimitedBond - Corporate Bond94.99 Cr0.44%
Canara BankBond - Gov't Agency Debt94.89 Cr0.44%
Birla Group Holdings Private LimitedCash - Commercial Paper94.89 Cr0.44%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond94.87 Cr0.44%
LIC Housing Finance Ltd.Cash - Commercial Paper94.81 Cr0.44%
Canara BankBond - Gov't Agency Debt94.76 Cr0.44%
Standard Chartered Capital LimitedCash - Commercial Paper94.68 Cr0.44%
Birla Group Holdings Private LimitedCash - Commercial Paper94.6 Cr0.44%
Tata Motors Finance LimitedCash - Commercial Paper94.55 Cr0.44%
Birla Group Holdings Private LimitedCash - Commercial Paper94.48 Cr0.44%
Birla Group Holdings Private LimitedCash - Commercial Paper94.32 Cr0.44%
IGH Holdings Pvt Ltd.Cash - Commercial Paper94.18 Cr0.43%
Axis Bank LimitedCash - CD/Time Deposit93.34 Cr0.43%
IGH Holdings Pvt Ltd.Cash - Commercial Paper71.54 Cr0.33%
Canara BankCash - CD/Time Deposit71.28 Cr0.33%
Hero Fincorp LimitedCash - Commercial Paper70.77 Cr0.33%
Hsbc Investdirect Financial Services (I)LtdCash - Commercial Paper70.76 Cr0.33%
08.08 Uk SDL 2025Bond - Gov't/Treasury65.4 Cr0.30%
08.10 Wb Sdl 2025marBond - Gov't/Treasury50.31 Cr0.23%
India (Republic of)Bond - Short-term Government Bills49.27 Cr0.23%
Igh Holdings Private LimitedCash - Commercial Paper47.99 Cr0.22%
Punjab National BankBond - Gov't Agency Debt47.9 Cr0.22%
Axis Bank Ltd.Bond - Corporate Bond47.88 Cr0.22%
Union Bank of IndiaBond - Gov't Agency Debt47.88 Cr0.22%
Punjab National BankCash - CD/Time Deposit47.84 Cr0.22%
HDFC Securities LimitedCash - Commercial Paper47.81 Cr0.22%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit47.77 Cr0.22%
Muthoot Finance Ltd.Cash - Commercial Paper47.7 Cr0.22%
Axis Bank Ltd.Bond - Corporate Bond47.69 Cr0.22%
Hero Fincorp LimitedCash - Commercial Paper47.66 Cr0.22%
Bank Of BarodaCash - CD/Time Deposit47.63 Cr0.22%
Union Bank of IndiaBond - Gov't Agency Debt47.63 Cr0.22%
Birla Group Holdings Private LimitedCash - Commercial Paper47.59 Cr0.22%
Canara BankCash - CD/Time Deposit47.58 Cr0.22%
Birla Group Holdings Private LimitedCash - Commercial Paper47.52 Cr0.22%
Axis Securities LimitedCash - Commercial Paper47.47 Cr0.22%
Standard Chartered Securities India LimitedCash - Commercial Paper47.33 Cr0.22%
Standard Chartered Capital LimitedCash - Commercial Paper47.27 Cr0.22%
Corporate Debt Market Development Fund (Class A2)Mutual Fund - Open End36.7 Cr0.17%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit24.16 Cr0.11%
Igh Holdings Private LimitedCash - Commercial Paper24.03 Cr0.11%
Indusind Bank Ltd.Bond - Corporate Bond23.84 Cr0.11%
Canara BankBond - Gov't Agency Debt23.76 Cr0.11%
Standard Chartered Securities IndiaCash - Commercial Paper23.53 Cr0.11%
06.69 MP Sdl 2025Bond - Gov't/Treasury19.94 Cr0.09%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit7,512.62 Cr34.70%
Cash - Commercial Paper6,988.06 Cr32.27%
Bond - Corporate Bond2,715.92 Cr12.54%
Bond - Gov't/Treasury2,272.87 Cr10.50%
Bond - Gov't Agency Debt1,876.63 Cr8.67%
Bond - Short-term Government Bills880.98 Cr4.07%
Cash-806.46 Cr3.72%
Cash - Repurchase Agreement175.29 Cr0.81%
Mutual Fund - Open End36.7 Cr0.17%

Risk & Performance Ratios

Standard Deviation

This fund

0.56%

Cat. avg.

0.71%

Lower the better

Sharpe Ratio

This fund

1.03

Cat. avg.

-0.31

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.09

Higher the better

Fund Managers

Manish Banthia

Manish Banthia

Since June 2023

Nikhil Kabra

Nikhil Kabra

Since August 2016

Additional Scheme Detailsas of 15th June 2024

ISIN
INF109K01R14
Expense Ratio
0.21%
Exit Load
No Charges
Fund Size
₹21,653 Cr
Age
01 Jan 2013
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
CRISIL Money Market TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹479.03 Cr6.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹174.76 Cr7.2%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹174.76 Cr6.4%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹90.09 Cr7.2%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹90.09 Cr7.1%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹20.79 Cr6.8%
LIC MF Money Market Fund Regular Growth

Low Risk

1.0%0.0%₹20.79 Cr6.4%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹21693.41 Cr7.6%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1629.19 Cr7.4%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹23661.02 Cr7.5%

About the AMC

Total AUM

₹7,74,868 Cr

Address

3rd Floor, Hallmark Business Plaza, Mumbai, 400 051

Other Funds by ICICI Prudential Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹51.32 Cr-
ICICI Prudential Fixed Maturity Plan Series 88 182 Days Plan J Direct Growth

Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 125 Days Plan H Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 93 Days Plan P Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1199 Days Plan Q Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1858 Days Plan D Direct Growth

Moderate Risk

-0.0%--
ICICI Prudential Fixed Maturity Plan Series 88 1226 Days Plan F Direct Growth

Low to Moderate Risk

---7.4%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Very High Risk

1.0%0.0%₹42.23 Cr44.4%
ICICI Prudential Fixed Maturity Plan Series 88 1828 Days Plan A Direct Growth

Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1833 Days Plan C Direct Growth

Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1192 Days Plan R Direct Growth

Low to Moderate Risk

----
ICICI Prudential Fixed Maturity Plan Series 88 95 Days Plan B Direct Growth

Moderately High risk

----
ICICI Prudential Fixed Maturity Plan Series 88 1303 Days Plan S Direct Growth

Low to Moderate Risk

-0.0%-7.7%
ICICI Prudential Fixed Maturity Plan Series 88 226 Days Plan E Direct Growth

Moderate Risk

-0.0%--
ICICI Prudential Thematic Advantage Fund (FOF) Direct Growth

Very High Risk

1.3%1.0%₹1657.34 Cr35.9%
ICICI Prudential Floating Interest Fund Direct Growth

Moderate Risk

0.6%0.0%₹9557.71 Cr8.8%
ICICI Prudential Gilt Fund Direct Growth

Moderate Risk

0.6%0.0%₹6262.43 Cr8.4%
ICICI Prudential All Seasons Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹12592.63 Cr8.3%
ICICI Prudential Long Term Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹844.55 Cr8.3%
ICICI Prudential Liquid Fund Direct Growth

Moderate Risk

0.2%0.0%₹43069.35 Cr7.4%
ICICI Prudential Innovation Fund Direct Growth

Very High Risk

0.7%1.0%₹5190.52 Cr62.9%
ICICI Prudential Global Stable Equity Fund (FOF) Direct Growth

Very High Risk

1.7%1.0%₹115.46 Cr6.2%
ICICI Prudential Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹2958.95 Cr8.0%
ICICI Prudential Smallcap Fund Direct Growth

Very High Risk

0.7%1.0%₹8438.19 Cr44.3%
ICICI Prudential Midcap Fund Direct Growth

Very High Risk

1.0%1.0%₹6528.05 Cr62.4%
ICICI Prudential Infrastructure Fund Direct Growth

Very High Risk

1.1%1.0%₹5703.04 Cr70.1%
ICICI Prudential Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹8941.14 Cr26.3%
ICICI Prudential Regular Savings Fund Direct Growth

High Risk

0.9%1.0%₹3334.80 Cr15.2%
ICICI Prudential Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹21652.61 Cr7.6%
ICICI Prudential Nifty Next 50 Index Direct Growth

Very High Risk

0.3%0.0%₹5844.95 Cr68.3%
ICICI Prudential Regular Gold Savings (FOF) Direct Growth

High Risk

0.6%1.0%₹968.54 Cr22.8%
ICICI Prudential Credit Risk Fund Direct Growth

High Risk

0.8%1.0%₹6763.39 Cr8.6%
ICICI Prudential Large & Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹14485.78 Cr48.4%
ICICI Pru Multicap Fund Direct Growth

Very High Risk

1.0%1.0%₹13025.40 Cr48.3%
ICICI Prudential Short Term Fund Direct Growth

Moderate Risk

0.5%0.0%₹18228.37 Cr8.1%
ICICI Prudential US Bluechip Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹3030.82 Cr10.5%
ICICI Prudential Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹26684.87 Cr7.9%
ICICI Prudential Exports and Services Fund Direct Growth

Very High Risk

1.6%1.0%₹1304.39 Cr46.4%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth

Very High Risk

1.1%0.0%₹13110.65 Cr35.6%
ICICI Prudential Technology Direct Growth

Very High Risk

0.9%1.0%₹12671.14 Cr36.7%
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth

Moderately High risk

1.3%1.0%₹271.29 Cr16.8%
ICICI Prudential Flexicap Fund Direct Growth

Very High Risk

0.8%1.0%₹16002.03 Cr43.6%
ICICI Prudential Equity Savings Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹10621.99 Cr11.1%
ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct Growth

Very High Risk

0.8%0.0%₹548.36 Cr47.6%
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth

Very High Risk

0.8%0.0%₹871.84 Cr53.8%
ICICI Prudential Retirement Fund Hybrid Conservative Plan Direct Growth

Moderately High risk

1.0%0.0%₹59.16 Cr18.4%
ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth

Moderate Risk

1.1%0.0%₹121.29 Cr7.8%
ICICI Prudential India Opportunities Fund Direct Growth

Very High Risk

0.6%1.0%₹21036.92 Cr47.8%
ICICI Prudential Passive Multi-Asset Fund of Funds Direct Growth

High Risk

0.5%1.0%₹1093.46 Cr18.9%
ICICI Prudential Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹9017.64 Cr7.8%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of ICICI Prudential Money Market Fund Direct Growth, as of 11-Jul-2024, is ₹356.64.
The fund has generated 7.61% over the last 1 year and 6.12% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 34.57% in bonds, and 65.26% in cash and cash equivalents.
The fund managers responsible for ICICI Prudential Money Market Fund Direct Growth are:-
  1. Manish Banthia
  2. Nikhil Kabra