ICICI Prudential Money Market Fund
Money MarketLow to ModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹413.09+0.07%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹388.56 — ₹412.80
- AUM
- ₹32,880 Cr
ICICI Prudential Money Market Fund is a Money Market debt fund from ICICI Prudential Mutual Fund with ₹32,880 Cr under management, launched in 2006. Over three years it has returned 6.9% a year, against 7.0% for its category. The expense ratio is 0.33% and the SEBI riskometer reading is Low to Moderate.
Performance
ICICI Prudential Money Market Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.2% against +6.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.4% | +0.2 pts | 6.2% | 6.3% |
| 2Y | 6.5% | +0.1 pts | 6.4% | 6.5% |
| 3Y | 6.9% | −0.1 pts | 7.0% | 6.8% |
| 5Y | 7.0% | +0.6 pts | 6.4% | 6.8% |
| 7Y | 6.6% | +0.2 pts | 6.4% | 6.4% |
| 10Y | 6.5% | +0.2 pts | 6.3% | 6.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.4% | 0.0 pts | 1.4% | 1.4% |
| 6M | 3.3% | 0.0 pts | 3.3% | 3.3% |
| 1Y | 6.3% | +0.1 pts | 6.2% | 6.2% |
| 2Y | 6.9% | +0.2 pts | 6.7% | 6.8% |
| 3Y | 7.2% | +0.2 pts | 7.0% | 7.0% |
| 5Y | 6.6% | +0.2 pts | 6.4% | 6.4% |
| 7Y | 6.2% | +0.2 pts | 6.0% | 5.9% |
| 10Y | 6.6% | +0.2 pts | 6.3% | 6.5% |
Since launch (8 Mar 2006): 7.1%
Calendar-year returns
Category average6.2%
3.7%
4.7%
7.4%
7.7%
7.4%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.4% | −0.1 pts | 7.5% |
| 2024 | 7.7% | 0.0 pts | 7.6% |
| 2023 | 7.4% | 0.0 pts | 7.3% |
| 2022 | 4.7% | 0.0 pts | 4.7% |
| 2021 | 3.7% | −0.1 pts | 3.8% |
| 2020 | 6.2% | +0.1 pts | 6.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.30%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.26%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.04%
- Exit load
- Exit load of 0.10% if redeemed within 10 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Money Market Index A-I
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Low to Moderate
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 2.34 | 2.20 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 3.40 | 3.26 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.59 | 0.56 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential Money Market Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt97.7%
- Other2.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Panatone Finvest Ltd | Financial | 2.53% | ₹783 Cr | +2.47% | +2.38% | +1.44% |
| Indusind Bank Ltd. | Financial | 2.36% | ₹733 Cr | +2.32% | +2.22% | +0.86% |
| Reserve Bank of India | Financial | 2.04% | ₹633 Cr | +0.02% | +0.03% | +3.77% |
| Union Bank of India | Financial | 1.90% | ₹588 Cr | +0.38% | +3.12% | +0.36% |
| HDFC Bank Ltd. | Financial | 1.57% | ₹487 Cr | +1.54% | +1.33% | +1.08% |
| Tata Capital Housing Finance Ltd. | Financial | 1.42% | ₹440 Cr | +1.54% | +1.48% | +0.58% |
| Bank of India | Financial | 1.41% | ₹438 Cr | +1.54% | +1.48% | +0.86% |
| Birla Group Holdings Pvt. Ltd. | Financial | 1.41% | ₹437 Cr | +1.38% | +1.32% | +0.14% |
| Tata Capital Ltd. | Financial | 1.25% | ₹388 Cr | — | — | — |
| Julius Baer Capital India Pvt Ltd. | Financial | 1.10% | ₹342 Cr | +1.08% | +1.04% | +0.29% |
| Godrej Finance Ltd. | Financial | 1.10% | ₹340 Cr | +1.07% | +1.03% | — |
| National Bank For Financing Infrastructure And Development | Financial | 1.10% | ₹340 Cr | +1.08% | +1.03% | — |
| IDBI Bank Ltd. | Financial | 1.09% | ₹339 Cr | +1.07% | +1.03% | +2.16% |
| Kotak Mahindra Bank Ltd. | Financial | 0.94% | ₹293 Cr | +0.93% | +0.89% | +0.58% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.94% | ₹292 Cr | +1.69% | +1.03% | +2.00% |
| Indian Overseas Bank | Financial | 0.94% | ₹292 Cr | +0.92% | +0.89% | — |
| Axis Securities Ltd. | Others | 0.94% | ₹292 Cr | +0.92% | +0.88% | +0.29% |
| Canara Bank | Financial | 0.79% | ₹245 Cr | +0.31% | +1.49% | +0.86% |
| Sundaram Home Finance Ltd. | Financial | 0.78% | ₹243 Cr | — | — | — |
| Pilani Investment And Industries Corporation Ltd. | Financial | 0.78% | ₹242 Cr | +0.76% | +0.73% | +0.14% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.63% | ₹194 Cr | +0.61% | +0.59% | +0.35% |
| Tamilnadu State | Others | 0.55% | ₹170 Cr | +0.55% | +0.54% | +0.15% |
| IDFC First Bank Ltd. | Financial | 0.47% | ₹147 Cr | +0.46% | +0.44% | +0.43% |
| Aditya Birla Housing Finance Ltd. | Financial | 0.47% | ₹146 Cr | +0.46% | +0.44% | — |
| The Federal Bank Ltd. | Financial | 0.47% | ₹145 Cr | +0.46% | +0.44% | +0.43% |
| Indian Bank | Financial | 0.46% | ₹143 Cr | +0.16% | +0.74% | +1.95% |
| Muthoot Finance Ltd. | Financial | 0.39% | ₹121 Cr | +0.38% | +0.37% | +0.29% |
| MashreqBank PSC | Financial | 0.32% | ₹98.67 Cr | +0.31% | +0.30% | — |
| Deutsche Investments (I) Pvt. Ltd. | Financial | 0.32% | ₹97.94 Cr | +0.31% | +0.30% | +0.14% |
| National Bank For Agriculture & Rural Development | Financial | 0.32% | ₹97.81 Cr | +0.31% | +0.30% | +0.43% |
| Aditya Birla Capital Ltd. | Financial | 0.31% | ₹97.56 Cr | +0.31% | +0.30% | — |
| Axis Bank Ltd. | Financial | 0.31% | ₹97.33 Cr | +0.31% | +4.47% | +0.57% |
| Godrej Housing Finance Ltd. | Financial | 0.31% | ₹97.29 Cr | +0.31% | +0.29% | — |
| Punjab & Sind Bank | Financial | 0.31% | ₹96.99 Cr | +0.31% | +0.29% | — |
| Bajaj Housing Finance Ltd. | Financial | 0.31% | ₹96.97 Cr | +0.31% | +0.29% | +0.29% |
| Infina Finance Pvt. Ltd. | Financial | 0.31% | ₹96.40 Cr | +0.30% | +0.29% | +0.14% |
| West Bengal State | Others | 0.24% | ₹74.55 Cr | +0.24% | +0.92% | +0.28% |
| IGH Holdings Pvt. Ltd. | Communication | 0.23% | ₹72.55 Cr | +0.23% | +0.22% | +0.14% |
| Uttar Pradesh State | Others | 0.16% | ₹50.08 Cr | — | — | +0.15% |
| Bank Of Baroda | Financial | 0.16% | ₹48.94 Cr | +2.94% | +2.82% | +0.07% |
| Punjab National Bank | Financial | 0.16% | ₹48.67 Cr | +0.15% | +0.30% | +0.29% |
| LIC Housing Finance Ltd. | Financial | 0.08% | ₹24.25 Cr | — | — | +1.00% |
| Others | Others | -5.87% | ₹-1,819.53 Cr | +0.89% | +0.86% | +0.72% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Union Bank of India | 0.46% | 1.90% | +1.43% |
| Tata Capital Ltd. | 0.00% | 1.25% | +1.25% |
| Julius Baer Capital India Pvt Ltd. | 0.13% | 1.10% | +0.97% |
| Panatone Finvest Ltd | 2.13% | 2.53% | +0.39% |
| Indusind Bank Ltd. | 2.00% | 2.36% | +0.37% |
| Reserve Bank of India | 2.40% | 2.04% | -0.36% |
| HDFC Bank Ltd. | 1.33% | 1.57% | +0.24% |
| Birla Group Holdings Pvt. Ltd. | 1.19% | 1.41% | +0.22% |
| Bank of India | 1.19% | 1.41% | +0.22% |
| Godrej Finance Ltd. | 0.93% | 1.10% | +0.17% |
| National Bank For Financing Infrastructure And Development | 0.93% | 1.10% | +0.17% |
| IDBI Bank Ltd. | 0.92% | 1.09% | +0.17% |
| Kotak Mahindra Bank Ltd. | 0.80% | 0.94% | +0.15% |
| Indian Overseas Bank | 0.79% | 0.94% | +0.15% |
| Axis Securities Ltd. | 0.79% | 0.94% | +0.15% |
| Canara Bank | 0.67% | 0.79% | +0.12% |
| Sundaram Home Finance Ltd. | 0.66% | 0.78% | +0.12% |
| Pilani Investment And Industries Corporation Ltd. | 0.66% | 0.78% | +0.12% |
| Bank Of Baroda | 0.27% | 0.16% | -0.11% |
| Cholamandalam Investment and Finance Company Ltd. | 0.53% | 0.63% | +0.10% |
| Tata Capital Housing Finance Ltd. | 1.33% | 1.42% | +0.09% |
| Tamilnadu State | 0.47% | 0.55% | +0.08% |
| IDFC First Bank Ltd. | 0.40% | 0.47% | +0.07% |
| Aditya Birla Housing Finance Ltd. | 0.40% | 0.47% | +0.07% |
| The Federal Bank Ltd. | 0.40% | 0.47% | +0.07% |
| Indian Bank | 0.39% | 0.46% | +0.07% |
| Muthoot Finance Ltd. | 0.33% | 0.39% | +0.06% |
| LIC Housing Finance Ltd. | 0.13% | 0.08% | -0.05% |
| MashreqBank PSC | 0.27% | 0.32% | +0.05% |
| Deutsche Investments (I) Pvt. Ltd. | 0.27% | 0.32% | +0.05% |
| National Bank For Agriculture & Rural Development | 0.27% | 0.32% | +0.05% |
| Aditya Birla Capital Ltd. | 0.27% | 0.31% | +0.05% |
| Godrej Housing Finance Ltd. | 0.26% | 0.31% | +0.05% |
| Axis Bank Ltd. | 0.27% | 0.31% | +0.05% |
| Punjab & Sind Bank | 0.26% | 0.31% | +0.05% |
| Bajaj Housing Finance Ltd. | 0.26% | 0.31% | +0.05% |
| Infina Finance Pvt. Ltd. | 0.26% | 0.31% | +0.05% |
| Others | 0.25% | 0.30% | +0.05% |
| IGH Holdings Pvt. Ltd. | 0.20% | 0.23% | +0.04% |
| West Bengal State | 0.20% | 0.24% | +0.04% |
| Punjab National Bank | 0.13% | 0.16% | +0.02% |
| Uttar Pradesh State | 0.14% | 0.16% | +0.02% |
| Small Industries Devp. Bank of India Ltd. | 0.73% | 0.71% | -0.02% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹13,857 Cr | 0.34% | 6.5% | 6.8% | 7.0% |
 Aditya Birla Sun Life Money Market Fund | ₹25,875 Cr | 0.37% | 6.5% | 6.9% | 7.0% |
 Axis Money Market Fund | ₹19,507 Cr | 0.36% | 6.5% | 6.9% | 7.0% |
 UTI Money Market Fund | ₹16,039 Cr | 0.29% | 6.5% | 6.9% | 7.0% |
 LIC MF Money Market Fund | ₹3,979 Cr | 0.38% | 6.4% | 6.4% | — |
 Franklin India Money Market Fund | ₹3,887 Cr | 0.30% | 6.5% | 6.9% | 7.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market upto 100% and debt securities upto 40%. The aim is to optimize returns while providing liquidity.
Fund managers
- Manish BanthiaMr. Banthia is B.Com, CA and MBAHe is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
- Nikhil KabraMr. Kabra is a B.Com and Chartered Accountant.Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.30% absolute | ₹60,000 | ₹61,980 | 3.30% | |
| 1 year6.26% annualised | ₹1,20,000 | ₹1,24,148 | 3.46% | |
| 3 years7.19% annualised | ₹3,60,000 | ₹4,02,842 | 11.90% | |
| 5 years6.63% annualised | ₹6,00,000 | ₹7,13,032 | 18.84% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Money Market Fund?
The NAV of ICICI Prudential Money Market Fund is ₹413.09 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential Money Market Fund?
The expense ratio of ICICI Prudential Money Market Fund is 0.33% per year.
What is the minimum SIP amount for ICICI Prudential Money Market Fund?
You can start a SIP in ICICI Prudential Money Market Fund with ₹3,000 a month.
What returns has ICICI Prudential Money Market Fund given?
ICICI Prudential Money Market Fund has returned 6.4% over 1 year, 6.9% over 3 years and 7.0% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Money Market Fund?
Lock-in: None. Exit load: Exit load of 0.10% if redeemed within 10 days.
How risky is ICICI Prudential Money Market Fund?
ICICI Prudential Money Market Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Money Market category.
Which fund house manages ICICI Prudential Money Market Fund?
ICICI Prudential Money Market Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹12,20,481 Cr under management.