ICICI Prudential Money Market Fund - Growth

( NAV change from the previous, NAV as on )

Launch Date

2006-03-09 05:30:00.0

AUM

NA
(as on date NA)

Benchmark

CRISIL Liquid

Fund Manager

Nikhil Kabra and Rahul Goswami

Risk: Moderately Low

ICICI Prudential Money Market Fund Overview

ICICI Prudential Money Market Fund is one of the debt schemes under ICICI Prudential Mutual Fund. As an open-ended fund, ICICI Prudential Money Market Fund falls under the money market scheme. The investment objective of ICICI Prudential Money Market Fund growth plan is to yield low risk high liquid stable return by primarily investing in money market. The primary aim of ICICI Prudential Money Market Fund is to generate stable return with short-term savings. ICICI Prudential Money Market Fund regular plan is managed by Nikhil Kabra and Rahul Goswami. You can check online for ICICI Prudential Money Market Fund portfolio for better understanding of the fund. When you opt for ICICI Prudential Money Market Fund apply online, you can check ICICI Prudential Money Market Fund NAV online to have a clear idea on the fund's performance.

Eligibility Criteria to invest in ICICI Prudential Money Market Fund

  • Individual must be an Indian Citizen
  • Companies
  • Minor through parent/lawful guardian
  • Partner(s) of Partnership Firms.
  • Foreign Institutional Investors
  • Association of Persons
  • Financial Institutions and Investment Institutions
  • Trusts
  • Societies
  • Non-resident Indians/Persons of Indian origin residing abroad
  • Karta of Hindu Undivided Family

Documents Required for ICICI Prudential Money Market Fund

Following are the list of documents required for ICICI Prudential Money Market Fund-

  • PAN Card
  • Declaration of 3rd party (for minors)
  • ID Proof- Passport. AADHAR Card, Voter ID Card
  • Passport size Photographs
  • Residential Proof- Driving License, Any Utility Bills
  • KYC Acknowledgment
  • Duly filled application form

Advantages of ICICI Prudential Money Market Fund

  • You can have a better understanding of ICICI Prudential Money Market Fund regular growth plan, based on the fund's performance starting from the very first month to 10 years.
  • ICICI Prudential Money Market Fund investments are of 2 types- lump-sum and SIP. Under the lump-sum method, you need to invest a huge amount of money at one go. But in SIP, you can easily invest a certain amount on a monthly basis which is very pocket-friendly.
  • The regulation of ICICI Prudential Money Market Fund growth plan is directly under the SEBI. So, no chance of fraudulent case arises.
  • The fund transaction cost of ICICI Prudential Money Market Fund investments is very budget-friendly and quite low.
  • Experience professionals manage ICICI Prudential Money Market Fund investment by intensive market research. If you have lack of market knowledge, your investments in ICICI Prudential Money Market Fund regular growth plan will be in safe hands.
  • You can any time invest and redeem ICICI Prudential Money Market Fund growth plan. So, ICICI Prudential Money Market Fund offers a high level of liquidity.
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