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ICICI Prudential Money Market Fund Option - Investment Information
- Debt
- Money Market
- Moderate
-
₹364.02
(0.02%)
Current NAV 20-12-2024
-
7.83%
Returns
-
Min. SIP ₹100
Min. Investment ₹500
Fund Suitability Test
Investment Objective
To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made in money market securities.
Basic Details
Key Information About Investing Details.
- CategoryMoney Market
- KRACAMS
- Inv. PlanGrowth
- Launched In08-Mar-06
- BenchmarkNIFTY Money Market Index A-I
- Fund TypeOpen Ended
- Fund HouseICICI Prudential Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size27974.29 Cr.
- Min. Investment₹500
- Min. Sip Inv.₹100
- Min. Addl Inv.₹1
- Expense Ratio0.32%
- Turn over29%
- Exit LoadData not available.
Fund Managers
Details of Managers and their Experience
Fund Manage : 19
Total AUM. : ₹239,319 Cr.
Fund Manage : 5
Total AUM. : ₹117,868 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCICICI Prudential Mutual Fund
- Emailenquiry@icicipruamc.com
- Office No022-26525000
- Websitehttps://www.icicipruamc.com
- AddressOne BKC, 13th Floor, Bandra Kurla Complex, Mumbai – 400051
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Chat with usFrequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.