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  • ICICI Mutual Fund
  • ICICI Prudential Floating Interest Fund (RIDCW-A)

Formerly ICICI Pru Floating Interest DR Othr

ICICI Mutual Fund

ICICI Prudential Floating Interest Fund (RIDCW-A)

DebtFloater
Top Ranked

172.7766

NAV (Jun 21)

5.9%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within floater mutual funds.

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

Good

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

Rolling Returns

Good

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

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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

172.7766

NAV (Jun 21)

Fund Returns

Last 1Y
8.1%
Last 3Y
6%
Last 5Y
6.7%
Last 10Y
7.2%
Since Inception
7.6%
6 Month CAGR
4.1%

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
1.22
Launched (12y ago)
Nov 12, 2012
AUM in Crores
9720.896
ISIN
INF109K01WP1
Lock-in
No Lock-in
Benchmark
Crisil Low Duration Debt TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1.3
Standard Deviation (5yr)
1.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.189
Sharpe Ratio (5yr)
0.788
YTM
8.28
Fund Managers

Nikhil Kabra

Fund Manager

Rohan Maru

Fund Manager

Darshil Dedhia

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ICICI Prudential Floating Interest Fund (RIDCW-A)70%8,56,981 1,24,3696.5%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2024-06-21

Top Debt Holdings

8.34% govt stock 2033

41.5%
41.5%

8% govt stock 2034

10%
10%

lic housing finance limited

3.7%
3.7%

treps

2.7%
2.7%

muthoot finance limited

2.6%
2.6%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,017 cr

₹ 10,612 cr

₹ 47,907 cr

₹ 14,537 cr

₹ 15,157 cr

amc-img

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 751,548 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 163 equity,554 debt and 65 hybrid funds.amc-img
phone-img022-26525000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

7.1%

9%

15.8%

20.8%

15.5%

25.1%

20.7%

0.2%

11.7%

ICICI Prudential Floating Interest Fund (RIDCW-A) Review

ICICI Prudential Floating Interest Fund (RIDCW-A) is a Floater Debt fund and has delivered an annualised return of 7.1% over a period of 11 years. The fund was previously known as ICICI Pru Floating Interest DR Othr. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Darshil Dedhia, Nikhil Kabra, Rohan Maru.

Nav of ICICI Prudential Floating Interest Fund (RIDCW-A) as of 6/21/2024 is ₹172.78 with the total AUM as of 6/24/2024 is ₹9720.896. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Floating Interest Fund (RIDCW-A) was launched on Nov 12, 2012. The category risk of the fund is Moderate Risk.

The minimum SIP amount for ICICI Prudential Floating Interest Fund (RIDCW-A) is ₹1000 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 ₹5000. Check your estimated returns on mutual funds by using sip calculator.

ICICI Prudential Floating Interest Fund (RIDCW-A) 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 (RIDCW-A) is rated as a 4 fund in Debt and delivered 8.1% 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 (RIDCW-A).

Frequently Asked Questions

What is ICICI Prudential Floating Interest Fund (RIDCW-A)?

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

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

You can invest in ICICI Prudential Floating Interest Fund (RIDCW-A) 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 (RIDCW-A)?

The minimum sip amount for ICICI Prudential Floating Interest Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.

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

As per Scripbox experts, ICICI Prudential Floating Interest Fund (RIDCW-A) is a Top Ranked fund. You can investICICI Prudential Floating Interest Fund (RIDCW-A) 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 (RIDCW-A)?

The expense ratio of the ICICI Prudential Floating Interest Fund (RIDCW-A) is 1.22% for regular plan.