Should I invest in ICICI Prudential Money Market Fund Dividend?

We don't give personal investment advice. ICICI Prudential Money Market Fund Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.5%. 5-year CAGR: -0.00%.

ICICI Prudential

ICICI Prudential Money Market Fund Dividend

Latest NAV

₹100.0952

As of

24 Apr 2020

2,574 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.09%	+0.00%	-0.09	49 / 51	Q4
1W	-0.01%	+0.17%	-0.18	49 / 51	Q4
2W	+0.10%	+0.09%	+0.01	27 / 51	Q3
1M	+1.21%	+0.14%	+1.07	2 / 51	Q1
3M	-0.04%	+0.42%	-0.46	42 / 51	Q4
6M	-0.23%	+0.91%	-1.13	48 / 51	Q4
YTD	-0.10%	+0.83%	-0.93	46 / 51	Q4
1Y	-0.01%	+2.16%	-2.17	39 / 51	Q4
2Y	-0.01%	+2.79%	-2.79	44 / 51	Q4
3Y	0.00%	+3.08%	-3.08	35 / 43	Q4
4Y	0.00%	+3.09%	-3.10	40 / 43	Q4
5Y	0.00%	+2.77%	-2.77	42 / 43	Q4
7Y	0.00%	+2.65%	-2.65	38 / 43	Q4
10Y	—	—	—	—	—
Inception	+0.01%	+3.46%	-3.45	38 / 50	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2020 YTD	-0.10%	+2.26%	-2.36	46 / 47
2019	+0.08%	+2.96%	-2.88	26 / 47
2018	+0.00%	+2.57%	-2.57	34 / 43
2017	+0.00%	+2.37%	-2.37	31 / 43
2016	+0.00%	+2.97%	-2.97	33 / 44
2015	+0.00%	+3.21%	-3.21	3 / 5
2014	+0.00%	+2.04%	-2.04	2 / 4
2013	+0.10%	+2.00%	-1.90	2 / 4
2012	+0.01%	+2.22%	-2.21	4 / 4
2011	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.01%

97 windows

min -1.2% · max 0.2%

42% positive

3-Year rolling

+0.01%

73 windows

min -0.4% · max 0.1%

58% positive

5-Year rolling

+0.01%

48 windows

min -0.2% · max 0.0%

85% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+0.01%

24 windows

min -0.2% · max 0.0%

92% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.00%

3-year · annualised

Sharpe ratio

-6.48

vs risk-free 6.5%

Sortino ratio

-9.15

Downside-only deviation

Max drawdown

-1.51%

Aug 2019 → Mar 2020

% positive months

16.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Money Market Fund

Scheme	Fund house	NAV	As of
HDFC Cash Management Fund - Savings Plan-Daily Dividend Option	HDFC	₹1,063.6400	3 Jun 2026
NIPPON INDIA MONEY MARKET FUND - QUARTERLY IDCW Option	Nippon India	₹1,022.7499	3 Jun 2026
SBI Magnum Income Fund - F R P - Short Term - (G)	SBI	₹43.5732	3 Jun 2026
ICICI Prudential Money Market Fund Option - IDCW Others	ICICI Prudential	₹183.8376	3 Jun 2026
Invesco India Money Market Fund - Daily IDCW (Reinvestment)	Invesco	₹1,000.2900	3 Jun 2026
Franklin India Money Market Fund - DP - Wkly IDCW R	Franklin India	₹10.0960	3 Jun 2026
Templeton Floating Rate Income Fund-Long Term Plan-Dividend Option	Franklin Templeton	₹11.1750	3 Jun 2026
Kotak Floater Short Term-(Growth)	Kotak Mahindra	₹4,738.1215	3 Jun 2026
DSP BlackRock Treasury Bill Fund - Dividend	DSP BlackRock	₹12.3436	3 Jun 2026
UTI MMF - Instn Growth Plan	UTI	₹3,254.9369	3 Jun 2026

Recent NAVs

Date	NAV
24 Apr 2020	₹100.0952
23 Apr 2020	₹100.1804
22 Apr 2020	₹100.1098
21 Apr 2020	₹100.1098
20 Apr 2020	₹100.1098
17 Apr 2020	₹100.1098
16 Apr 2020	₹100.0159
15 Apr 2020	₹100.0396
13 Apr 2020	₹100.0286
9 Apr 2020	₹99.9908

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 24 Apr 2020, the NAV of ICICI Prudential Money Market Fund Dividend is ₹100.0952. It's a Money Market Fund from ICICI Prudential, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Money Market Fund Dividend has NAV history starting from 29 May 2011, a track record of about 15 years. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

ICICI Prudential Money Market Fund Dividend is managed by ICICI Prudential. It's classified by AMFI under the 'Money Market Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Money Market Fund Dividend has delivered a absolute return of -0.01% — -2.17 pp behind the Money Market Fund category average of 2.16%. The fund ranks #39 of 51 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential Money Market Fund Dividend has delivered a CAGR of 0.00% — -3.08 pp behind the Money Market Fund category average of 3.08%. The fund ranks #35 of 43 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Money Market Fund Dividend has delivered a CAGR of 0.00% — -2.77 pp behind the Money Market Fund category average of 2.77%. The fund ranks #42 of 43 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Money Market Fund Dividend exactly 5 years ago would be worth approximately ₹99,986 today — a multiplier of 1.00×, based on the 5-year CAGR of -0.00%. The category average over the same window would have grown ₹1 lakh to ₹114,634.

A ₹10,000 monthly SIP in ICICI Prudential Money Market Fund Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹599,924 today. That's an XIRR (money-weighted annualised return) of -0.01%.

ICICI Prudential Money Market Fund Dividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹839,894 — XIRR -0.00%.

On a 5-year basis, ICICI Prudential Money Market Fund Dividend ranks #42 out of 43 funds in the Money Market Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 2.77%; this fund delivered -0.00%.

The worst peak-to-trough decline ICICI Prudential Money Market Fund Dividend has experienced over the last 5-year window is 1.51% — its NAV fell from a high on 08 Aug 2019 to a low on 24 Mar 2020. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Money Market Fund Dividend averaged 0.01% (best 0.05%, worst -0.24%). 85% of rolling windows ended positive. The 5-year Sharpe ratio is -8.36 — negative risk-adjusted performance.

In calendar year 2019, ICICI Prudential Money Market Fund Dividend returned 0.08% — lagging the Money Market Fund category average of 2.96% by 2.88 pp. It ranked #26 of 47 in its category that year.

ICICI Prudential Money Market Fund Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. ICICI Prudential Money Market Fund Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.5%. 5-year CAGR: -0.00%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

ICICI Prudential Money Market Fund Dividend

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Money Market Fund

Recent NAVs

Frequently asked questions

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