About ICICI Prudential Money Market Direct-Dividend Monthly Payout
ICICI Prudential Money Market Direct-Dividend Monthly Payout is a Debt
mutual fund scheme from ICICI Prudential Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Nikhil Kabra
and Rahul Goswami
. It has an AUM of ₹9,129.74 Crores and the latest NAV decalared is ₹100.950 as on 18 Oct 2019 at 10:30 pm.
ICICI Prudential Money Market Direct-Dividend Monthly Payout scheme return performance in last 1 year is 8.58%, in last 3 years is 24.49% and 67.22% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.
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.