About ICICI Prudential Money Market Direct-Dividend Monthly
ICICI Prudential Money Market Direct-Dividend Monthly 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 ₹9,687.92 Crores and the latest NAV decalared is ₹100.844 as on 14 Oct 2019 at 10:10 pm.
ICICI Prudential Money Market Direct-Dividend Monthly scheme return performance in last 1 year is 8.55%, in last 3 years is 24.47% and 67.05% 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.