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94 8300 8300
ICICI Prudential Money Market Fund
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
Aditya Pagaria since Nov 2013
Rahul Goswami since Nov 2013
Analysis As on Jan 16, 2014
This fund invests in very liquid, short term instruments, of the highest credit quality. The portfolio is entirely made up for short term debt securities and manages to keep a low, but steady rate of growth in its NAV. Its expense ratio is 0.35 per cent.
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