About ICICI Prudential Money Market Fund
ICICI Prudential Money Market Fund is a money market fund managed by ICICI Prudential Mutual Fund. Invest in money market instruments maturing within one year, such as treasury bills and commercial paper.
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.
The scheme's stated objective, as published by ICICI Prudential Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹419.3026 | 120211 |
| Direct | Daily IDCW | ₹100.1435 | 120209 |
| Direct | IDCW Others | ₹192.1224 | 120216 |
| Direct | Weekly IDCW | ₹100.8675 | 120212 |
Frequently asked questions
What is the NAV of ICICI Prudential Money Market Fund today?
The NAV of ICICI Prudential Money Market Fund (Direct plan, Growth) is ₹419.3026, as of 13 Nov 2026.
What returns has ICICI Prudential Money Market Fund given?
Over the last year the Direct plan returned 6.46%, and 7.32% a year over 3 years and 6.77% a year over 5 years. That places it 11 of 23 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of ICICI Prudential Money Market Fund?
The Direct plan charges 0.21% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in ICICI Prudential Money Market Fund?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹500 or more.
How much has ICICI Prudential Money Market Fund fallen in the past?
Its deepest fall was 1.2% from 11 Mar 2020 to 24 Mar 2020. Of every one-year stretch in its history, 100% ended in a gain.
What does ICICI Prudential Money Market Fund invest in?
As on 31 Jul 2026 it held 134 positions, the largest being Axis Bank Ltd (3.9%), 182 Days Treasury Bills (3.5%), 91 Days Treasury Bills (3.1%). Portfolios change every month.
Which category does ICICI Prudential Money Market Fund belong to?
It is a Money Market Fund from ICICI Prudential Mutual Fund. Invest in money market instruments maturing within one year, such as treasury bills and commercial paper.
How are gains from ICICI Prudential Money Market Fund taxed?
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.