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Fund Overview

Fund Size

Fund Size

₹15,509 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, 3 months and 16 days, having been launched on 01-Jan-13.
As of 16-Apr-24, it has a Net Asset Value (NAV) of ₹350.64, Assets Under Management (AUM) of 15509.32 Crores, and an expense ratio of 0.21%.
  • ICICI Prudential Money Market Fund Direct Growth has given a CAGR return of 7.26% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 38.32% in debts, and 61.45% 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

+7.74%

+6.12%(Cat. Avg.)

3 Years

+5.84%

+5.21%(Cat. Avg.)

5 Years

+6.09%

+5.26%(Cat. Avg.)

10 Years

+7.00%

+5.71%(Cat. Avg.)

Since Inception

+7.26%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt5,942.44 Cr38.32%
Others9,566.88 Cr61.68%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
India (Republic of)Bond - Short-term Government Bills938.4 Cr6.05%
Net Current AssetsCash-809.03 Cr5.22%
HDFC Bank LimitedCash - CD/Time Deposit469.96 Cr3.03%
Small Industries Development Bank of IndiaBond - Corporate Bond467.59 Cr3.01%
Indian BankBond - Gov't Agency Debt466.63 Cr3.01%
Union Bank of IndiaBond - Gov't Agency Debt465.68 Cr3.00%
Data Infrastructure TrustCash - Commercial Paper434.89 Cr2.80%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit422.59 Cr2.72%
Embassy Office Parks REITCash - Commercial Paper377 Cr2.43%
Punjab National BankBond - Gov't Agency Debt376.11 Cr2.43%
India (Republic of)Bond - Short-term Government Bills374.88 Cr2.42%
India (Republic of)Bond - Short-term Government Bills374.41 Cr2.41%
Punjab National BankCash - CD/Time Deposit374.28 Cr2.41%
Bharti Telecom LimitedCash - Commercial Paper371.41 Cr2.39%
Union Bank Of IndiaCash - CD/Time Deposit327.44 Cr2.11%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit326.89 Cr2.11%
TrepsCash - Repurchase Agreement282.89 Cr1.82%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit280.69 Cr1.81%
LIC Housing Finance Ltd.Bond - Corporate Bond280.11 Cr1.81%
LIC Housing Finance Ltd.Cash - Commercial Paper279.34 Cr1.80%
Hero Fincorp LimitedBond - Corporate Bond279.08 Cr1.80%
Axis Bank LimitedCash - CD/Time Deposit241.58 Cr1.56%
Sharekhan LimitedCash - Commercial Paper234.92 Cr1.51%
India (Republic of)Bond - Short-term Government Bills234.91 Cr1.51%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit234.71 Cr1.51%
Sharekhan LimitedCash - Commercial Paper234.69 Cr1.51%
Tata Capital Housing Finance LimitedCash - Commercial Paper233.95 Cr1.51%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit233.75 Cr1.51%
Tata Teleservices LtdBond - Corporate Bond233.51 Cr1.51%
Dbs Bank India LimitedCash - CD/Time Deposit233.31 Cr1.50%
Axis Finance Ltd.Cash - Commercial Paper231.84 Cr1.49%
Indusind Bank Ltd.Bond - Corporate Bond210.73 Cr1.36%
Birla Group Holdings Private LimitedCash - Commercial Paper210.07 Cr1.35%
HDFC Bank LimitedCash - CD/Time Deposit190.17 Cr1.23%
Canara BankCash - CD/Time Deposit188.63 Cr1.22%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit188.61 Cr1.22%
Tata Capital Housing Finance Ltd.Cash - Commercial Paper187.94 Cr1.21%
HDFC Bank Ltd.Bond - Corporate Bond187.36 Cr1.21%
LIC Housing Finance Ltd.Cash - Commercial Paper187.15 Cr1.21%
HDFC Bank LimitedCash - CD/Time Deposit187.07 Cr1.21%
Infina Finance Pvt Ltd.Cash - Commercial Paper186.56 Cr1.20%
Indusind Bank Ltd.Bond - Corporate Bond186.47 Cr1.20%
Mahindra Rural Housing Finance LimitedCash - Commercial Paper186.19 Cr1.20%
The Federal Bank LimitedCash - CD/Time Deposit166.37 Cr1.07%
Hero Fincorp LimitedCash - Commercial Paper162.48 Cr1.05%
Axis Bank LimitedCash - CD/Time Deposit142.82 Cr0.92%
HDFC Bank Ltd.Bond - Corporate Bond142.04 Cr0.92%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit141.44 Cr0.91%
Bank Of BarodaCash - CD/Time Deposit140.59 Cr0.91%
HDFC Bank LimitedCash - CD/Time Deposit140.14 Cr0.90%
Tata Projects LimitedCash - Commercial Paper140.02 Cr0.90%
Standard Chartered Capital LimitedCash - Commercial Paper139.4 Cr0.90%
07.38% MP Sdl 2025Bond - Gov't/Treasury137.62 Cr0.89%
08.08 Wb SDL 2025Bond - Gov't/Treasury100.72 Cr0.65%
Axis Bank LimitedCash - CD/Time Deposit94.36 Cr0.61%
Axis Bank LimitedCash - CD/Time Deposit94.06 Cr0.61%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit93.2 Cr0.60%
Canara BankBond - Gov't Agency Debt93.06 Cr0.60%
LIC Housing Finance Ltd.Cash - Commercial Paper93.06 Cr0.60%
Barclays Investments & Loans (India) Private LimitedBond - Corporate Bond93.04 Cr0.60%
Birla Group Holdings Private LimitedCash - Commercial Paper93.01 Cr0.60%
Standard Chartered Capital LimitedCash - Commercial Paper92.84 Cr0.60%
Birla Group Holdings Private LimitedCash - Commercial Paper92.61 Cr0.60%
Birla Group Holdings Private LimitedCash - Commercial Paper92.45 Cr0.60%
IGH Holdings Pvt Ltd.Cash - Commercial Paper92.25 Cr0.59%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit73.7 Cr0.48%
IGH Holdings Pvt Ltd.Cash - Commercial Paper70.07 Cr0.45%
Hsbc Investdirect Financial Services (I)LtdCash - Commercial Paper69.38 Cr0.45%
Hero Fincorp LimitedCash - Commercial Paper69.35 Cr0.45%
08.08 Uk SDL 2025Bond - Gov't/Treasury65.51 Cr0.42%
08.10 Wb Sdl 2025marBond - Gov't/Treasury50.39 Cr0.32%
Muthoot Finance LimitedCash - Commercial Paper48.86 Cr0.32%
Axis Bank Ltd.Bond - Corporate Bond47.02 Cr0.30%
Union Bank of IndiaBond - Gov't Agency Debt47.01 Cr0.30%
Igh Holdings Private LimitedCash - Commercial Paper46.98 Cr0.30%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit46.89 Cr0.30%
Axis Bank Ltd.Bond - Corporate Bond46.83 Cr0.30%
Hero Fincorp LimitedCash - Commercial Paper46.7 Cr0.30%
Birla Group Holdings Private LimitedCash - Commercial Paper46.64 Cr0.30%
Birla Group Holdings Private LimitedCash - Commercial Paper46.57 Cr0.30%
Axis Securities LimitedCash - Commercial Paper46.51 Cr0.30%
Standard Chartered Capital LimitedCash - Commercial Paper46.35 Cr0.30%
Standard Chartered Securities India LimitedCash - Commercial Paper46.35 Cr0.30%
Muthoot Finance LimitedCash - Commercial Paper39.04 Cr0.25%
Corporate Debt Market Development Fund (Class A2)Mutual Fund - Open End36.34 Cr0.23%
Igh Holdings Private LimitedCash - Commercial Paper23.52 Cr0.15%
Indusind Bank Ltd.Bond - Corporate Bond23.4 Cr0.15%
Standard Chartered Securities IndiaCash - Commercial Paper23.04 Cr0.15%
06.69 MP Sdl 2025Bond - Gov't/Treasury19.91 Cr0.13%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit5,033.26 Cr32.45%
Cash - Commercial Paper5,023.43 Cr32.39%
Bond - Corporate Bond2,197.19 Cr14.17%
Bond - Short-term Government Bills1,922.61 Cr12.40%
Bond - Gov't Agency Debt1,448.49 Cr9.34%
Cash-809.03 Cr5.22%
Bond - Gov't/Treasury374.15 Cr2.41%
Cash - Repurchase Agreement282.89 Cr1.82%
Mutual Fund - Open End36.34 Cr0.23%

Risk & Performance Ratios

Standard Deviation

This fund

0.57%

Cat. avg.

0.68%

Lower the better

Sharpe Ratio

This fund

1.00

Cat. avg.

-0.17

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.10

Higher the better

Fund Managers

Manish Banthia

Manish Banthia

Since June 2023

Nikhil Kabra

Nikhil Kabra

Since August 2016

Additional Scheme Detailsas of 31st March 2024

ISININF109K01R14Expense Ratio0.21%Exit LoadNo ChargesFund Size₹15,509 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL 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

1.0%0.0%₹400.39 Cr6.8%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹202.26 Cr7.2%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹202.26 Cr6.4%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹99.85 Cr7.3%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹99.85 Cr7.2%
LIC MF Money Market Fund Direct Growth

Low Risk

0.2%0.0%₹21.45 Cr7.0%
LIC MF Money Market Fund Regular Growth

Low Risk

0.6%0.0%₹21.45 Cr6.5%
Tata Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹14015.19 Cr7.7%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1445.96 Cr7.5%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹18241.18 Cr7.6%

About the AMC

Total AUM

₹7,16,138 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%₹43.56 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

---7.1%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Very High Risk

1.0%0.0%₹39.44 Cr42.6%
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%-6.9%
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

1.2%1.0%₹1532.37 Cr34.7%
ICICI Prudential Floating Interest Fund Direct Growth

Low to Moderate Risk

0.6%0.0%₹9927.07 Cr8.8%
ICICI Prudential Gilt Fund Direct Growth

Moderate Risk

0.6%0.0%₹4864.57 Cr8.2%
ICICI Prudential All Seasons Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹11882.75 Cr8.0%
ICICI Prudential Long Term Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹807.21 Cr8.2%
ICICI Prudential Liquid Fund Direct Growth

Moderate Risk

0.2%0.0%₹35428.34 Cr7.3%
ICICI Prudential Innovation Fund Direct Growth

Very High Risk

0.6%1.0%₹4453.07 Cr-
ICICI Prudential Global Stable Equity Fund (FOF) Direct Growth

Very High Risk

1.4%1.0%₹122.03 Cr6.3%
ICICI Prudential Bond Fund Direct Growth

Moderate Risk

0.6%0.0%₹2936.92 Cr7.8%
ICICI Prudential Smallcap Fund Direct Growth

Very High Risk

0.6%1.0%₹7172.70 Cr45.1%
ICICI Prudential Midcap Fund Direct Growth

Very High Risk

1.0%1.0%₹5517.29 Cr54.2%
ICICI Prudential Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹5186.46 Cr65.1%
ICICI Prudential Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹6954.57 Cr25.3%
ICICI Prudential Regular Savings Fund Direct Growth

Moderately High risk

0.9%1.0%₹3417.40 Cr15.1%
ICICI Prudential Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹15509.32 Cr7.7%
ICICI Prudential Nifty Next 50 Index Direct Growth

Very High Risk

0.3%0.0%₹4443.55 Cr61.6%
ICICI Prudential Regular Gold Savings (FOF) Direct Growth

High Risk

0.6%1.0%₹851.01 Cr19.3%
ICICI Prudential Credit Risk Fund Direct Growth

High Risk

0.9%1.0%₹7186.77 Cr8.1%
ICICI Prudential Large & Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹12307.23 Cr46.4%
ICICI Pru Multicap Fund Direct Growth

Very High Risk

0.9%1.0%₹11342.34 Cr49.5%
ICICI Prudential Short Term Fund Direct Growth

Moderate Risk

0.5%0.0%₹16875.68 Cr8.1%
ICICI Prudential US Bluechip Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹3192.14 Cr17.9%
ICICI Prudential Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹26229.81 Cr7.9%
ICICI Prudential Exports and Services Fund Direct Growth

Very High Risk

1.6%1.0%₹1273.61 Cr42.6%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth

Very High Risk

1.0%0.0%₹13084.46 Cr35.5%
ICICI Prudential Technology Direct Growth

Very High Risk

0.9%1.0%₹11977.27 Cr31.0%
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth

Moderately High risk

1.3%1.0%₹272.01 Cr16.2%
ICICI Prudential Flexicap Fund Direct Growth

Very High Risk

0.7%1.0%₹14571.31 Cr41.6%
ICICI Prudential Equity Savings Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹9663.46 Cr11.3%
ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct Growth

Very High Risk

0.8%0.0%₹366.59 Cr49.5%
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth

Very High Risk

0.7%0.0%₹649.09 Cr59.4%
ICICI Prudential Retirement Fund Hybrid Conservative Plan Direct Growth

Moderately High risk

1.0%0.0%₹56.70 Cr20.2%
ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth

Moderate Risk

1.0%0.0%₹127.18 Cr7.4%
ICICI Prudential India Opportunities Fund Direct Growth

Very High Risk

0.6%1.0%₹17992.31 Cr50.8%
ICICI Prudential Passive Multi-Asset Fund of Funds Direct Growth

Very High Risk

0.5%1.0%₹1067.40 Cr17.5%
ICICI Prudential Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹8836.80 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 16-Apr-2024, is ₹350.64.
The fund has generated 7.74% over the last 1 year and 5.84% 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, 38.32% in bonds, and 61.45% in cash and cash equivalents.
The fund managers responsible for ICICI Prudential Money Market Fund Direct Growth are:-
  1. Manish Banthia
  2. Nikhil Kabra