ICICI Pru Money Market Fund(G)-Direct Plan
This fund ranks 9th out of 24 funds in its category.
Strengths and Weaknesses
Ability to significantly outperform benchmark returns.
High AUM often signifies stability and credibility, along with well diversification.
Great track record of generating high returns by managing the portfolio dynamically.
There is possibility for lower returns as the fund maintains a low Yield to Maturity (YTM)
Exhibits a relatively high level of volatility, indicated by its elevated standard deviation.
High modified duration indicates that it is more sensitive to changes in interest rates, suggesting higher risk for the fund.
Who should invest?
Those with a surplus to invest for a period of 3 to 6 months should consider this fund.
Who should avoid?
Long term investors and high-risk investors should avoid this scheme.
This analysis is updated as on March 2025.
The Information in the scoring and ranking model is provided solely for general information and educational purposes and shall not constitute any advice or recommendation. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not an indicator of future returns.
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