ICICI Prudential Money Market Fund
Money MarketLow to ModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹410.36-0.01%1 day
- Return since launch
- 7.1%
- 52-week range
- ₹385.73 — ₹410.39
- AUM
- ₹36,529 Cr
ICICI Prudential Money Market Fund is a Money Market debt fund from ICICI Prudential Mutual Fund with ₹36,529 Cr under management, launched in 2006. Over three years it has returned 7.0% 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 +6.4% against +6.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.7% | +0.5 pts | 6.3% | 6.7% |
| 2Y | 6.8% | +0.1 pts | 6.7% | 6.7% |
| 3Y | 7.0% | 0.0 pts | 7.0% | 6.9% |
| 5Y | 7.0% | +0.7 pts | 6.3% | 6.9% |
| 7Y | 6.6% | +0.2 pts | 6.4% | 6.4% |
| 10Y | 6.6% | +0.2 pts | 6.4% | 6.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.7% | 0.0 pts | 1.7% | 1.6% |
| 6M | 3.6% | 0.0 pts | 3.6% | 3.6% |
| 1Y | 6.4% | +0.1 pts | 6.3% | 6.3% |
| 2Y | 7.1% | +0.2 pts | 6.9% | 7.0% |
| 3Y | 7.3% | +0.2 pts | 7.0% | 7.1% |
| 5Y | 6.6% | +0.2 pts | 6.3% | 6.4% |
| 7Y | 6.2% | +0.2 pts | 6.0% | 5.9% |
| 10Y | 6.6% | +0.2 pts | 6.4% | 6.6% |
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
0.33%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.28%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.05%
- 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 | 2.37 | 2.50 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 3.43 | 3.56 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.57 | 0.54 | 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 31 Aug 2026
Asset allocation
- Debt100.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Reserve Bank of India | Financial | 2.40% | ₹878 Cr | +0.05% | +3.30% | +1.30% |
| Panatone Finvest Ltd | Financial | 2.13% | ₹779 Cr | +2.51% | +2.13% | +1.29% |
| Union Bank of India | Financial | 2.08% | ₹759 Cr | +5.97% | +0.28% | +0.64% |
| Indusind Bank Ltd. | Financial | 2.00% | ₹729 Cr | +2.34% | +1.99% | +0.77% |
| Small Industries Devp. Bank of India Ltd. | Financial | 1.39% | ₹509 Cr | +1.09% | +0.93% | +1.79% |
| Tata Capital Housing Finance Ltd. | Financial | 1.33% | ₹486 Cr | +1.56% | +0.56% | +0.52% |
| HDFC Bank Ltd. | Financial | 1.33% | ₹484 Cr | +1.40% | +0.55% | +0.51% |
| Bank of India | Financial | 1.19% | ₹436 Cr | +1.56% | +0.35% | +0.77% |
| Birla Group Holdings Pvt. Ltd. | Financial | 1.19% | ₹434 Cr | +1.40% | +1.19% | +0.13% |
| National Bank For Financing Infrastructure And Development | Financial | 0.93% | ₹338 Cr | +1.09% | — | — |
| Godrej Finance Ltd. | Financial | 0.93% | ₹338 Cr | +1.09% | +0.92% | — |
| IDBI Bank Ltd. | Financial | 0.92% | ₹338 Cr | +1.09% | — | +1.93% |
| Kotak Mahindra Bank Ltd. | Financial | 0.80% | ₹291 Cr | +0.94% | +0.80% | +0.52% |
| Indian Overseas Bank | Financial | 0.79% | ₹290 Cr | +0.93% | +0.79% | — |
| Axis Securities Ltd. | Others | 0.79% | ₹290 Cr | +0.93% | +0.79% | +0.26% |
| Canara Bank | Financial | 0.67% | ₹243 Cr | +1.57% | +0.84% | +0.77% |
| company:7202 | Financial | 0.66% | ₹242 Cr | — | — | — |
| Pilani Investment And Industries Corporation Ltd. | Financial | 0.66% | ₹241 Cr | +0.77% | +0.26% | +0.13% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.53% | ₹193 Cr | +0.62% | +0.53% | +0.31% |
| Tamilnadu State | Others | 0.47% | ₹171 Cr | +0.56% | — | +0.13% |
| IDFC First Bank Ltd. | Financial | 0.40% | ₹146 Cr | +0.47% | +0.70% | +0.39% |
| Aditya Birla Housing Finance Ltd. | Financial | 0.40% | ₹145 Cr | +0.47% | +0.80% | — |
| The Federal Bank Ltd. | Financial | 0.40% | ₹145 Cr | +0.47% | +0.07% | +0.39% |
| Indian Bank | Financial | 0.39% | ₹143 Cr | +0.47% | +0.40% | +0.64% |
| Muthoot Finance Ltd. | Financial | 0.33% | ₹120 Cr | +0.39% | +0.33% | +0.26% |
| MashreqBank PSC | Financial | 0.27% | ₹98.09 Cr | +0.32% | +0.27% | — |
| Bank Of Baroda | Financial | 0.27% | ₹97.34 Cr | +2.82% | +2.53% | +0.06% |
| Deutsche Investments (I) Pvt. Ltd. | Financial | 0.27% | ₹97.31 Cr | +0.31% | +0.27% | +0.26% |
| National Bank For Agriculture & Rural Development | Financial | 0.27% | ₹97.28 Cr | +0.31% | +0.27% | +0.38% |
| Aditya Birla Capital Ltd. | Financial | 0.27% | ₹96.98 Cr | +0.31% | +0.13% | — |
| Axis Bank Ltd. | Financial | 0.27% | ₹96.80 Cr | +4.72% | +4.01% | +0.71% |
| Godrej Housing Finance Ltd. | Financial | 0.26% | ₹96.74 Cr | +0.31% | +0.26% | — |
| Punjab & Sind Bank | Financial | 0.26% | ₹96.50 Cr | +0.31% | — | — |
| Bajaj Housing Finance Ltd. | Financial | 0.26% | ₹96.49 Cr | +0.31% | — | +0.26% |
| Infina Finance Pvt. Ltd. | Financial | 0.26% | ₹95.81 Cr | +0.31% | +0.14% | +0.13% |
| West Bengal State | Others | 0.20% | ₹74.66 Cr | +0.96% | — | +0.25% |
| IGH Holdings Pvt. Ltd. | Communication | 0.20% | ₹72.14 Cr | +0.23% | +0.57% | +0.13% |
| Uttar Pradesh State | Others | 0.14% | ₹50.16 Cr | — | — | +0.14% |
| Punjab National Bank | Financial | 0.13% | ₹48.40 Cr | +0.95% | +0.27% | +3.07% |
| company:2089 | Financial | 0.13% | ₹48.26 Cr | — | — | +0.64% |
| Julius Baer Capital India Pvt Ltd. | Financial | 0.13% | ₹48.16 Cr | +1.09% | +0.71% | +0.26% |
| Others | Others | -0.04% | ₹-15.77 Cr | +0.90% | +0.77% | +0.65% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Julius Baer Capital India Pvt Ltd. | 0.98% | 0.13% | -0.84% |
| Reserve Bank of India | 3.09% | 2.40% | -0.69% |
| company:7202 | 0.00% | 0.66% | +0.66% |
| Canara Bank | 0.28% | 0.67% | +0.39% |
| Indian Bank | 0.14% | 0.39% | +0.25% |
| company:2089 | 0.00% | 0.13% | +0.13% |
| Panatone Finvest Ltd | 2.23% | 2.13% | -0.10% |
| Indusind Bank Ltd. | 2.09% | 2.00% | -0.09% |
| Tata Capital Housing Finance Ltd. | 1.39% | 1.33% | -0.06% |
| HDFC Bank Ltd. | 1.39% | 1.33% | -0.06% |
| Birla Group Holdings Pvt. Ltd. | 1.25% | 1.19% | -0.06% |
| Bank of India | 1.25% | 1.19% | -0.06% |
| Godrej Finance Ltd. | 0.97% | 0.93% | -0.04% |
| National Bank For Financing Infrastructure And Development | 0.97% | 0.93% | -0.04% |
| IDBI Bank Ltd. | 0.97% | 0.92% | -0.04% |
| Indian Overseas Bank | 0.83% | 0.79% | -0.04% |
| Axis Securities Ltd. | 0.83% | 0.79% | -0.04% |
| Kotak Mahindra Bank Ltd. | 0.84% | 0.80% | -0.04% |
| Small Industries Devp. Bank of India Ltd. | 0.76% | 0.73% | -0.04% |
| Pilani Investment And Industries Corporation Ltd. | 0.69% | 0.66% | -0.03% |
| Tamilnadu State | 0.49% | 0.47% | -0.03% |
| Cholamandalam Investment and Finance Company Ltd. | 0.55% | 0.53% | -0.03% |
| Union Bank of India | 0.48% | 0.46% | -0.02% |
| Aditya Birla Housing Finance Ltd. | 0.42% | 0.40% | -0.02% |
| IDFC First Bank Ltd. | 0.42% | 0.40% | -0.02% |
| The Federal Bank Ltd. | 0.42% | 0.40% | -0.02% |
| Muthoot Finance Ltd. | 0.34% | 0.33% | -0.02% |
| Bank Of Baroda | 0.28% | 0.27% | -0.01% |
| National Bank For Agriculture & Rural Development | 0.28% | 0.27% | -0.01% |
| Others | 0.27% | 0.25% | -0.01% |
| Aditya Birla Capital Ltd. | 0.28% | 0.27% | -0.01% |
| Godrej Housing Finance Ltd. | 0.28% | 0.26% | -0.01% |
| Deutsche Investments (I) Pvt. Ltd. | 0.28% | 0.27% | -0.01% |
| Axis Bank Ltd. | 0.28% | 0.27% | -0.01% |
| MashreqBank PSC | 0.28% | 0.27% | -0.01% |
| Bajaj Housing Finance Ltd. | 0.28% | 0.26% | -0.01% |
| Punjab & Sind Bank | 0.28% | 0.26% | -0.01% |
| Infina Finance Pvt. Ltd. | 0.27% | 0.26% | -0.01% |
| West Bengal State | 0.22% | 0.20% | -0.01% |
| IGH Holdings Pvt. Ltd. | 0.21% | 0.20% | -0.01% |
| Uttar Pradesh State | 0.15% | 0.14% | -0.01% |
| Punjab National Bank | 0.14% | 0.13% | -0.01% |
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 | ₹21,840 Cr | 0.33% | 6.8% | 7.1% | 7.1% |
 Tata Money Market Fund | ₹34,511 Cr | 0.40% | 6.7% | 7.0% | 7.0% |
 Aditya Birla Sun Life Money Market Fund | ₹29,877 Cr | 0.37% | 6.8% | 7.0% | 7.1% |
 Axis Money Market Fund | ₹21,405 Cr | 0.35% | 6.8% | 7.1% | 7.1% |
 UTI Money Market Fund | ₹19,468 Cr | 0.24% | 6.8% | 7.1% | 7.1% |
 Franklin India Money Market Fund | ₹3,937 Cr | 0.28% | 6.8% | 7.0% | 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 months3.62% absolute | ₹60,000 | ₹62,172 | 3.62% | |
| 1 year6.37% annualised | ₹1,20,000 | ₹1,24,222 | 3.52% | |
| 3 years7.25% annualised | ₹3,60,000 | ₹4,03,225 | 12.01% | |
| 5 years6.57% annualised | ₹6,00,000 | ₹7,11,893 | 18.65% |
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 ₹410.36 as on 24 Sep 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 6.7% over 1 year, 7.0% 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 ₹11,76,218 Cr under management.