ICICI Pru Money Market Fund
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.
Growthvine rating: 5/5 — ranked #2 of 27 in category.
Fund basics
| Category | Debt: Money Market |
|---|---|
| NAV | ₹407.68 (as of 2026-08-21) |
| AUM | ₹34,627 Cr |
| Expense ratio | 0.28% |
| Riskometer | Moderate |
| Fund manager | Manish Banthia |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.49% |
|---|---|
| Sharpe ratio | 2.24 |
| Standard deviation | 0.57% |
| Max drawdown | -1.23% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 99.5% of NIFTY Money Market Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.0% | Q2 | #12 of 26 |
| 2025 | 7.4% | Q1 (Top) | #4 of 24 |
| 2024 | 7.7% | Q1 (Top) | #6 of 24 |
| 2023 | 7.4% | Q1 (Top) | #4 of 22 |
| 2022 | 4.7% | Q2 | #8 of 19 |