ICICI Prudential Money Market Fund
Money Market fund from ICICI Prudential Mutual Fund. Direct and regular Growth plans: returns over 1, 3 and 5 years, against the Nifty 50, its rank among money market funds and what a ₹10,000 SIP became.
As of 30 Sep 2026, ICICI Prudential Money Market Fund (direct plan, Growth) has returned 6.7% a year over 5 years, 7.4% over 3 years and 6.7% over 10 years. That ranks 8 of 19 money market funds over 5 years. A ₹10,000 monthly SIP for 5 years (₹6,00,000) was worth ₹7,18,881, an XIRR of 7.2%. Expense ratio: 0.21% a year for the direct plan and 0.33% for the regular plan. Latest NAV ₹417.73 (29 Oct 2026).
ICICI Prudential Money Market Fund returns
| Plan | 1 year | 3 years | 5 years | 10 years |
|---|---|---|---|---|
| Direct | 6.5% | 7.4% | 6.7% | 6.7% |
To 30 Sep 2026. Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund.
Calendar-year returns
| Year | Direct |
|---|---|
| 2025 | 7.6% |
| 2024 | 7.8% |
| 2023 | 7.5% |
| 2022 | 4.9% |
| 2021 | 3.8% |
| 2020 | 6.3% |
| 2019 | 8.0% |
| 2018 | 7.8% |
| 2017 | 6.8% |
| 2016 | 7.7% |
What a ₹10,000 SIP in ICICI Prudential Money Market Fund became
| Plan | SIP for | Invested | Value at 30 Sep 2026 | XIRR |
|---|---|---|---|---|
| Direct | 3 years | ₹3,60,000 | ₹4,01,123 | 7.1% |
| Direct | 5 years | ₹6,00,000 | ₹7,18,881 | 7.2% |
A ₹10,000 SIP at each month-end NAV, valued at the latest month-end. Try your own amount and dates with the SIP calculator.
Expense ratio
0.21% a year for the direct plan and 0.33% for the regular plan, as disclosed for 30 Sep 2026 (AMFI's TER disclosure). It is taken out of the fund every day, so the returns above are already after it. On ₹10 lakh growing at 12% a year for 10 years, a 0.33% expense ratio instead of 0.21% costs ₹32,562. Try your own numbers with the expense ratio calculator.
Where it ranks among money market funds
| Rank | Fund | 5-year return (direct) |
|---|---|---|
| 1 | Tata Money Market Fund | 6.9% |
| 2 | Nippon India Money Market Fund | 6.8% |
| 3 | Axis Money Market Fund | 6.8% |
| 4 | Aditya Birla Sun Life Money Market Fund | 6.8% |
| 5 | UTI - Money Market Fund | 6.8% |
| 8 | ICICI Prudential Money Market Fund | 6.7% |
Ranked by 5-year return among the 19 money market funds with that much history. All money market funds.
Key takeaways
Frequently asked questions
What is the NAV of ICICI Prudential Money Market Fund?
₹417.73 for the direct plan (Growth) on 29 Oct 2026, from AMFI.
What are ICICI Prudential Money Market Fund's 5-year returns?
6.7% a year (direct plan, to 30 Sep 2026).
What is the expense ratio of ICICI Prudential Money Market Fund?
0.21% a year for the direct plan and 0.33% for the regular plan (AMFI disclosure for 30 Sep 2026).
What did a SIP in ICICI Prudential Money Market Fund return?
₹10,000 a month for 5 years became ₹7,18,881, an XIRR of 7.2%.