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Money Market Fund - Debt Funds - ICICI Prudential

ICICI Prudential Money Market Fund

There are times when we need our money to be easily accessible and safe, for planned or unforeseen events. We can achieve this security and liquidity by depositing our funds in a bank account, but the interest that we would earn would most often than not be quite low.

ICICI Prudential Money Market Fund, an open-ended Money Market fund, offers a potentially rewarding parking facility for short-term, idle cash. It provides the flexibility of withdrawing cash as and when required, and proves to be an investment through its earnings, while it is parked in the fund.

Schemes - ICICI Prudential Money Market Fund

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

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.

Key Features

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.

Who should invest?

  • Short term savings
  • A money market scheme that seeks to provide reasonable returns, commensurate with low risk while providing a high level of liquidity.
Scheme Features
Type An open ended debt scheme investing in money market instruments
Underlying
ISIN
NSE Symbol & BSE Scrip ID
BSE Scrip Code
Pricing
Application size - Directly with AMC
Application size through NSE & BSE
Entry Load Not Applicable
Exit Load Nil
Authorized Participant

Fund Manager

Rahul Goswami and Nikhil Kabra

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