DEBT FUNDS
Money Market Fund - Debt Funds - ICICI Prudential

ICICI Prudential Money Market Fund

Investment Objective

The Scheme seeks to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities

Key Benefits

  • It enables efficient and fruitful deployment of idle cash.
  • This plan ensures a high level of liquidity and flexibility to access cash invested at a days notice.
  • It offers a low risk option to invest in mutual funds.

This product is suitable for investors who are seeking* :

  • Short term savings solution
  • A Money Market Fund that seeks to provide reasonable returns, commensurate with low risk while providing a high level of liquidity.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

Open-ended Money Market Fund

Plan

ICICI Prudential Money Market Fund
ICICI Prudential Money Market Fund-Direct Plan

Options

Growth Option and Dividend Option with Dividend Payout and Reinvestment

Default Option

Growth Option

Application Amount

Rs. 500 (plus in multiple of Re.1)

Min. Additional Investment

Rs. 1 (plus in multiples of Re.1) (w.e.f. 01-Oct-16)

Entry Load

Not Applicable

Exit Load

Nil

Minimum Redemption Amt.

Rs.500 or all units where amount is less than Rs. 500

Systematic Investment Plan

Available

Systematic Transfer Plan

Available , Flex and Value STP also available

Systematic Withdrawal Plan

Available



Fund Manager

Rahul Goswami and Nikhil Kabra

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