ICICI Prudential Money Market Fund
ICICI Prudential Mutual Fund · Money Market · Direct plan, growth option
NAV (₹), 1 Oct 2026
416.5566
1-day change
0.04%
1Y return
6.5%
3Y CAGR
7.4%
5Y CAGR
6.7%
Max drawdown, 5Y
−0.2%
NAV history month-end NAV, ₹ · 1 Jan 2013 to 1 Oct 2026
Returns vs Money Market median (27 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.5% | 0.5% |
| 3 months | 1.6% | 1.6% |
| 6 months | 3.6% | 3.6% |
| Year to date | 4.9% | 5.0% |
| 1 year | 6.5% | 6.5% |
| 3 years (CAGR) | 7.4% | 7.4% |
| 5 years (CAGR) | 6.7% | 6.7% |
| 7 years (CAGR) | 6.3% | 6.3% |
| 10 years (CAGR) | 6.7% | 6.7% |
| Since first NAV (CAGR) | 7.3% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.6% | 7.4% |
| 3Y rolling median | 7.4% | 7.3% |
| 3Y rolling worst | 4.9% | 4.9% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 6.5% | 6.4% |
| 5Y rolling worst | 6.0% | 5.9% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 0.7% | 0.6% |
| Sharpe ratio | 1.05 | 1.05 |
| Sortino ratio | 1.75 | 1.75 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −1.2% | −0.8% |
| Maximum drawdown, last 10Y | −1.2% | −1.2% |
| Maximum drawdown, last 5Y | −0.2% | −0.2% |
| Current drawdown | 0.0% | 0.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Manish Banthia | Comanage | 12 Jun 2023 |
| Nikhil Kabra | Comanage | 3 Aug 2016 |
Objective: 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.
Stated asset allocation: • Money Market Instruments 0%-100% Low to Medium
Benchmark (tier 1): NIFTY Money Market Index A-I
Minimum application: Rs. 500
Allotment date: 8 Mar 2006
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.21% | 0.17% |
| AUM, whole scheme (₹ crore) | 31,010 | 4,664 |
| Riskometer | Low to Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 6.5% | 6.5% TRI |
| Return, 3 years (AMFI) | 7.4% | 7.1% TRI |
| Return, 5 years (AMFI) | 6.7% | 6.5% TRI |
| Month-ends above category median (3Y CAGR) | 35% | 33% median |
| Month-ends in category top quartile (3Y) | 1% | 12% median |
| 7Y rolling CAGR, median (monthly windows) | 6.6% | 6.6% median |
Official benchmark: NIFTY Money Market Index A-I (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Money Market Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.9% | n/a | – |
| 2025 | 7.6% | n/a | – |
| 2024 | 7.8% | n/a | – |
| 2023 | 7.5% | n/a | – |
| 2022 | 4.9% | n/a | – |
| 2021 | 3.8% | n/a | – |
| 2020 | 6.3% | n/a | – |
| 2019 | 8.0% | n/a | – |
| 2018 | 7.8% | n/a | – |
| 2017 | 6.8% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,24,372 | 6.8% |
| 3 years | ₹3,60,000 | ₹4,01,061 | 7.1% |
| 5 years | ₹6,00,000 | ₹7,18,829 | 7.2% |
| 10 years | ₹12,00,000 | ₹16,91,353 | 6.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Money Market
Plan / option: Direct · Growth
AMFI scheme code: 120211
ISIN: INF109K01R14
First NAV in MFIC data: 1 Jan 2013
History: 13.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| HDFC Money Market Fund | Money Market | 1.00 | 7.4% |
| UTI - Money Market Fund | Money Market | 1.00 | 7.4% |
| Bajaj Finserv Money Market Fund | Money Market | 1.00 | 7.4% |
| Kotak Money Market Fund | Money Market | 1.00 | 7.4% |
| Nippon India Money Market Fund | Money Market | 1.00 | 7.4% |
| Axis Money Market Fund | Money Market | 1.00 | 7.5% |
Questions about ICICI Prudential Money Market Fund
- What is the latest NAV of ICICI Prudential Money Market Fund?
- The NAV of the Direct plan (growth option) was ₹416.5566 on 1 Oct 2026, as published by AMFI.
- Which category is ICICI Prudential Money Market Fund in?
- It is classified as Money Market in AMFI's daily NAV file. MFIC compares it with 27 Money Market schemes (Direct plans).
- What returns has ICICI Prudential Money Market Fund delivered?
- Over one year the NAV changed by 6.5%. The 3-year CAGR is 7.4% (category median 7.4%) and the 5-year CAGR is 6.7% (category median 6.7%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.4%, the lowest was 4.9%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in ICICI Prudential Money Market Fund's NAV?
- The largest peak-to-trough fall in its available history was 1.2%; within the last five years it was 0.2% (category median 0.2%).
- How volatile is ICICI Prudential Money Market Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 0.7%, which is above the Money Market category median of 0.6%.
- What would a monthly SIP in ICICI Prudential Money Market Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,18,829 on 1 Oct 2026, an annualised return (XIRR) of 7.2%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ICICI Prudential Money Market Fund?
- The total expense ratio of the Direct plan is 0.21% a year, as disclosed to AMFI (median of Money Market Direct plans: 0.17%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ICICI Prudential Money Market Fund?
- Assets under management of the whole scheme were ₹31,010 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ICICI Prudential Money Market Fund?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of ICICI Prudential Money Market Fund and how has it compared?
- Its official benchmark is the NIFTY Money Market Index A-I. Over 3 years AMFI reports a return of 7.4% for this plan against 7.1% for the benchmark total return index; over 5 years 6.7% against 6.5%. Past performance does not indicate future results.
- How often has ICICI Prudential Money Market Fund beaten its category?
- At 35% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Money Market schemes (Direct plans); it was in the top quarter at 1% of them. A typical scheme would show about 50%.
- Who manages ICICI Prudential Money Market Fund?
- According to its Scheme Summary Document, ICICI Prudential Money Market Fund is managed by Manish Banthia (since 12 Jun 2023), Nikhil Kabra (since 3 Aug 2016).
- What is the minimum investment in ICICI Prudential Money Market Fund?
- The minimum application amount is Rs. 500.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.