ICICI Prudential Money Market Direct-Growth
Debt: Money Market - Growth (Open ended)
SEBI Riskometer: Low to ModerateCategory: Debt: Money MarketBenchmark: NIFTY Money Market Index A-ICheck Portfolio Overlap →
NAV: ₹417.1-0.03%
22 Oct 2026
Similar Funds
Side-by-side comparison of ICICI Prudential Money Market Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | +6.29% | 6.25% | 14 / 25 |
| 3Y Return | +7.28% | 7.15% | 11 / 23 |
| 5Y Return | +6.70% | 6.57% | 8 / 20 |
| 10Y Return | +6.67% | 6.30% | 8 / 12 |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Debt: Money Market
Top funds by AUM in the Debt: Money Market category — see how ICICI Prudential Money Market Direct-Growth compares on size and returns.
Funds Tracking NIFTY Money Market Index A-I
Top funds tracking the NIFTY Money Market Index A-I — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to ICICI Prudential Money Market Direct-Growth?
Funds similar to ICICI Prudential Money Market Direct-Growth in the Debt: Money Market category include Tata Money Market Fund Direct-Growth, SBI Money Market Fund Direct-Growth, and HDFC Money Market Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of ICICI Prudential Money Market Direct-Growth in its category?
On a 3-year return basis ICICI Prudential Money Market Direct-Growth is ranked 11 out of 23 funds in the Debt: Money Market category as of 21 Oct 2026. On a 5-year return basis it ranks 8 out of 20. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does ICICI Prudential Money Market Direct-Growth's expense ratio compare to similar funds?
ICICI Prudential Money Market Direct-Growth has an expense ratio of 0.21%. The peers Tata Money Market Fund Direct-Growth has an expense ratio of 0.18% and SBI Money Market Fund Direct-Growth has 0.26%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does ICICI Prudential Money Market Direct-Growth's AUM compare to similar funds?
ICICI Prudential Money Market Direct-Growth has an AUM of ₹31,009.6 crore. The peers Tata Money Market Fund Direct-Growth has an AUM of ₹31,689.6 crore and SBI Money Market Fund Direct-Growth has ₹27,850.3 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Money Market?
The top performing fund in the Debt: Money Market category on a 3-year basis is Tata Money Market Fund Direct-Growth with a CAGR of 7.42% as of 21 Oct 2026. ICICI Prudential Money Market Direct-Growth has delivered 7.28% CAGR over the same period, ranking 11 out of 23 funds. You can view and compare the full category ranking on sharpely.
How does ICICI Prudential Money Market Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, ICICI Prudential Money Market Direct-Growth has a Sharpe ratio of 2.67 compared to the Debt: Money Market average of 2.71 as of 21 Oct 2026. It ranks 16 out of 23 funds in its category on Sharpe ratio.