DEBT FUNDS

ICICI Prudential Money Market Fund

Investment Objective

The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity by investing in money market instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

This product is suitable for investors who are seeking* :

  • Short term savings
  • A money market scheme 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

An open ended debt scheme investing in money market instruments

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

Lumpsum - Rs.5,000 (Plus in multiples of Re.1) ; SIP - Rs.100 (Plus in multiples 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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