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  • ICICI Mutual Fund
  • ICICI Prudential Floating Interest Fund A (Growth)

Formerly ICICI Pru Savings A Gr

ICICI Mutual Fund

ICICI Prudential Floating Interest Fund A (Growth)

DebtFloater

300.7518

NAV (Apr 24)

6.8%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in floater mutual funds.

Floater funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Floater Funds are mandated to invest a minimum of 65% of total assets in Floating Rate Instruments.

This is a relatively small category with a limited number of funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Rolling Returns

Satisfactory

The performance of the fund on a Rolling Returns metric has been Satisfactory

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

300.7518

NAV (Apr 24)

Fund Returns

Last 1Y

7.6%

Last 3Y

6.8%

Last 5Y

7.4%

Last 10Y

7.8%

Since Inception

7.2%

6 Month CAGR

3.1%

Scheme Information

Investment Objective

To generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield,safety and liquidity. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Expense Ratio

1.3

Launched (18y ago)

Aug 02, 2004

AUM in Crores

11649.592

ISIN

INF109K01936

Lock-in

No Lock-in

Benchmark

Crisil Low Duration Debt TR INR

SIP Minimum

0

Lumpsum Min.

15000

Standard Deviation (3yr)

0.8

Standard Deviation (5yr)

0.8

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0.791

Sharpe Ratio (5yr)

1.045

YTM

7.68

Fund Managers

Rahul Goswami

Fund Manager

Nikhil Kabra

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2020-04-24

Top Debt Holdings

7.42% govt stock 2033

49.2%
49.2%

7.01% govt stock 2028

12.2%
12.2%

7.69% govt stock 2034

11.4%
11.4%

treps

5.3%
5.3%

godrej industries limited

1.4%
1.4%
See all holdings

Compare ICICI Prudential Floating Interest Fund A (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 46,469 cr

₹ 14,221 cr

₹ 18,664 cr

₹ 13,008 cr

₹ 46,469 cr

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 515,509 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,529 debt and 64 hybrid funds.

amc-img

  • 022-26525000
  • enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4%

    7.1%

    12.1%

    15.5%

    5%

    5.9%

    6.4%

    6.9%

    6.4%

    7.5%

    ICICI Prudential Floating Interest Fund A (G) Review

    ICICI Prudential Floating Interest Fund A (G) is a Floater Debt fund and has delivered an annualised return of 7.2% over a period of 18 years. The fund was previously known as ICICI Pru Savings A Gr. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Nikhil Kabra, Rahul Goswami.

    Nav of ICICI Prudential Floating Interest Fund A (G) as of 4/24/2020 is ₹300.75 with the total AUM as of 11/28/2022 is ₹11649.592. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Floating Interest Fund A (G) was launched on Aug 02, 2004. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for ICICI Prudential Floating Interest Fund A (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹15000. Check your estimated returns on mutual funds by using sip calculator.

    ICICI Prudential Floating Interest Fund A (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Crisil Low Duration Debt TR INR.

    ICICI Prudential Floating Interest Fund A (G) is rated as a 1 fund in Debt and delivered 7.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Floating Interest Fund A (G).

    Frequently Asked Questions

    What is ICICI Prudential Floating Interest Fund A (G)?

    ICICI Prudential Floating Interest Fund A (G) is a Floater Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in ICICI Prudential Floating Interest Fund A (G)?

    You can invest in ICICI Prudential Floating Interest Fund A (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of ICICI Prudential Floating Interest Fund A (G)?

    The minimum sip amount for ICICI Prudential Floating Interest Fund A (G) is ₹0. You can invest in multiples of ₹15000.

    Is ICICI Prudential Floating Interest Fund A (G) good to invest in?

    As per Scripbox experts, ICICI Prudential Floating Interest Fund A (G) is a Not Recommended fund. You can investICICI Prudential Floating Interest Fund A (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the ICICI Prudential Floating Interest Fund A (G)?

    The expense ratio of the ICICI Prudential Floating Interest Fund A (G) is 1.3% for regular plan.