Should I invest in ICICI Prudential Money Market Fund Option - Weekly IDCW?

We don't give personal investment advice. ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW 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: 0.6%. 5-year CAGR: 0.00%.

ICICI Prudential

ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW

Latest NAV

₹100.8089

As of

3 Jun 2026

3,563 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	-0.02%	+0.01%	-0.04	74 / 78	Q4
1W	+0.18%	+0.16%	+0.03	42 / 77	Q3
2W	+0.08%	+0.09%	-0.01	46 / 76	Q3
1M	-0.02%	+0.09%	-0.11	65 / 75	Q4
3M	-0.08%	+0.38%	-0.46	64 / 74	Q4
6M	+0.02%	+0.73%	-0.71	39 / 75	Q3
YTD	-0.04%	+0.64%	-0.68	63 / 74	Q4
1Y	-0.13%	+1.73%	-1.86	55 / 74	Q3
2Y	-0.06%	+2.20%	-2.26	69 / 72	Q4
3Y	-0.02%	+2.30%	-2.32	60 / 67	Q4
4Y	-0.01%	+2.36%	-2.37	58 / 60	Q4
5Y	+0.00%	+2.14%	-2.14	44 / 54	Q4
7Y	+0.02%	+1.92%	-1.91	34 / 45	Q4
10Y	+0.03%	+1.28%	-1.25	24 / 33	Q3
Inception	+0.05%	+1.84%	-1.79	54 / 78	Q3

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
2026 YTD	-0.04%	+0.60%	-0.64	53 / 63
2025	-0.04%	+2.54%	-2.58	55 / 62
2024	-0.09%	+2.53%	-2.62	61 / 62
2023	-0.01%	+2.35%	-2.36	56 / 61
2022	+0.06%	+1.43%	-1.38	38 / 55
2021	0.00%	+0.83%	-0.84	41 / 52
2020	+0.00%	+1.67%	-1.66	41 / 56
2019	+0.28%	+2.50%	-2.22	25 / 52
2018	+0.11%	+1.63%	-1.52	19 / 39
2017	0.00%	+1.10%	-1.10	27 / 37
2016	+0.02%	+1.02%	-0.99	16 / 35

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

+0.04%

152 windows

min -0.2% · max 0.4%

70% positive

3-Year rolling

+0.04%

127 windows

min -0.1% · max 0.3%

72% positive

5-Year rolling

+0.04%

103 windows

min 0.0% · max 0.1%

85% positive

7-Year rolling

+0.05%

79 windows

min 0.0% · max 0.1%

100% positive

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

0.41%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.64%

Apr 2025 → May 2026

% positive months

55.6%

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 Money Market Fund - Daily IDCW Option - Direct Plan	HDFC	₹1,063.6400	3 Jun 2026
NIPPON INDIA MONEY MARKET FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹1,006.2364	3 Jun 2026
SBI Savings Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹18.5990	3 Jun 2026
ICICI Prudential Money Market Fund Option - Direct Plan - Daily IDCW	ICICI Prudential	₹100.1435	3 Jun 2026
Invesco India Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,012.2021	3 Jun 2026
Bandhan Money Market Fund -Direct Plan-Daily IDCW	Bandhan	₹10.0994	3 Jun 2026
Aditya Birla Sun Life Money Manager Fund - Direct - daily IDCW	Aditya Birla Sun Life	₹100.0200	3 Jun 2026
Franklin India Money Market Fund Retail Option - Direct - Daily - IDCW	Franklin India	₹10.0646	3 Jun 2026
Mirae Asset Money Market Fund Direct IDCW	Mirae Asset	₹1,346.7546	3 Jun 2026
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct	Kotak	₹1,273.6788	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹100.8089
2 Jun 2026	₹100.7942
1 Jun 2026	₹100.8178
29 May 2026	₹100.7244
27 May 2026	₹100.6550
26 May 2026	₹100.6110
25 May 2026	₹100.6266
22 May 2026	₹100.5855
21 May 2026	₹100.5943
20 May 2026	₹100.6760

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 03 Jun 2026, the NAV of ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW is ₹100.8089. It's a Money Market Fund from ICICI Prudential, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW has NAV history starting from 03 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW 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 Option - Direct Plan - Weekly IDCW has delivered a absolute return of -0.13% — -1.86 pp behind the Money Market Fund category average of 1.73%. The fund ranks #55 of 74 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW has delivered a CAGR of -0.02% — -2.32 pp behind the Money Market Fund category average of 2.30%. The fund ranks #60 of 67 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW has delivered a CAGR of 0.00% — -2.14 pp behind the Money Market Fund category average of 2.14%. The fund ranks #44 of 54 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW exactly 10 years ago would be worth approximately ₹100,296 today — a multiplier of 1.00×, based on the 10-year CAGR of 0.03%. The category average over the same window would have grown ₹1 lakh to ₹113,561.

A ₹10,000 monthly SIP in ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹599,664 today. That's an XIRR (money-weighted annualised return) of -0.02%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,200,528 (multiplier 1.00×). XIRR: 0.01%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW ranks #44 out of 54 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 2.14%; this fund delivered 0.00%.

The worst peak-to-trough decline ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW has experienced over the last 5-year window is 0.64% — its NAV fell from a high on 02 Apr 2025 to a low on 22 May 2026. 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 Option - Direct Plan - Weekly IDCW averaged 0.04% (best 0.11%, worst -0.04%). 85% of rolling windows ended positive.

In calendar year 2025, ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW returned -0.04% — lagging the Money Market Fund category average of 2.54% by 2.58 pp. It ranked #55 of 62 in its category that year.

ICICI Prudential Money Market Fund Option - Direct Plan - Weekly IDCW 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 Option - Direct Plan - Weekly IDCW 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: 0.6%. 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 Option - Direct Plan - Weekly IDCW

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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