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  • ICICI Prudential Floating Interest Fund Bonus (PIDCW-A)

Formerly ICICI Pru Savings Bns

ICICI Mutual Funds

ICICI Prudential Floating Interest Fund Bonus (PIDCW-A)

DebtFloater

151.7062

NAV (Apr 24)

6.9%
3 Year CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in floater mutual funds.

However, Scripbox does not recommend investing in 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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

7 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

15,287 Cr. Category leader in size

Impact of Interest Rate Changes

Moderate Interest Rate Risk. The impact on fund value is moderate when interest rates change

Credit Quality Of Fund's Portfolio

Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
  • graph-icon-gray
    No Lock-in
  • graph-icon-gray
    Expert Investing Only, Car, Down Payment

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Historical NAV

151.7062

NAV (Apr 24)

Fund Returns

Last 1Y
7.6%
Last 3Y
6.9%
Last 5Y
7.5%
Last 10Y
NA
Since Inception
7.7%
6 Month CAGR
3.1%
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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Moderate Risk

Expense Ratio
1.3
Launched (7y ago)
Sep 11, 2014
AUM in Crores
15286.008
ISIN
INF109KA1I43
Lock-in
No Lock-in
Benchmark
Crisil Low Duration Debt Index TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
user-avatar

Nikhil Kabra

Fund Manager

user-avatar

Rahul Goswami

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 13,509 cr

5

recommended-badge

₹ 33,192 cr

5

recommended-badge

₹ 11,590 cr

5

recommended-badge

₹ 22,849 cr

5

recommended-badge

₹ 33,722 cr

5

amc-icon

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 485,627 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 110 equity,526 debt and 64 hybrid funds.

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  • tel-amc-about
    022-26525000
  • mail-amc-about
    enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    20.8%

    15.3%

    recommended-badge

    7.5%

    7.9%

    top-ranked-badge

    0.2%

    11.7%

    top-ranked-badge

    6.7%

    7.4%

    top-ranked-badge

    5.8%

    4.7%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    Create an Account

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About ICICI Prudential Floating Interest Fund Bonus (PIDCW-A)

    About ICICI Prudential Floating Interest Fund Bonus (PIDCW-A)

    ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) is a Floater Debt fund and has delivered an annualised return of 7.7% over a period of 7 years. The fund was previously known as ICICI Pru Savings Bns . The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Nikhil Kabra, Rahul Goswami

    ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) 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. . However, there is no assurance that the objective of the scheme will be realized.

    ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) NAV,AUM,Risk

    The ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) fund was launched on Sep 11, 2014. The NAV (Net Asset Value) of this Floater Debt fund as of 2020-04-24 is ₹151.71. The total AUM (Asset Under Management) of the fund as of 26/10/2021 is ₹15286.008. The category risk of the ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) fund is Moderate Risk. The fund charges 1.3 % as expense ratio.

    ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) Holdings

    The fund’s highest allocation is towards Debt and has invested 88.4% in this asset class. The top three holdings of the fund are , govt stock , 6.10% govt stock 2031 , treps , goi floating rate bond 2024 , embassy office parks reit , motherson sumi systems limited , state bank of india , 7.26% govt stock 2029 , srf limited , 7.33% govt stock 2031 , 06.58 gj sdl 2027 , godrej industries limited , godrej properties limited , embassy office parks reit , tata teleservices limited , 6.79% govt stock 2027 , state bank of india , tata capital financial services limited , tata realty and infrastructure limited , net current assets , reliance industries limited , state bank of india , reliance industries limited , edelweiss finance & investments limited , ultratech cement limited , tata housing development company limited , state bank of india , pipeline infrastructure private limited , 05.93 rj sdl 2025 , tata motors finance solutions limited , tata capital housing finance limited , tmf holdings limited , state bank of india , varanasi sangam expressway private limited , sikka ports & terminals limited , britannia industries limited , state bank of india , aditya birla finance limited , idfc bank limited , icici bank limited , the tata power company limited , aditya birla finance limited , tmf holdings limited , bank of baroda , sundaram home finance limited , cholamandalam investment and fin. co. ltd , coastal gujarat power limited , manappuram finance limited , tata motors finance limited , vedanta limited , nabha power limited , nabha power limited , oberoi realty limited , manappuram finance limited , icici bank limited , grasim industries limited , vedanta limited , sattva holding and trading private limited , hdfc bank limited , union bank of india , mahindra & mahindra financial services limited , tata cleantech capital limited , jsw energy limited , the bombay burmah trading corporation limited , edelweiss finance & investments limited , jodhpur wind farms private limited , jodhpur wind farms private limited , 6.90% oil mktg cos goi sb 2026 , bharti telecom limited , export-import bank of india , state bank of india , jodhpur wind farms private limited , grasim industries limited , axis bank limited , aditya birla housing finance limited , reliable devices trust , bank of baroda

    ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) Investment volatility and Horizon

    This fund 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 Index TR INR.

    ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) Review

    ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) has a score of 3 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Floating Interest Fund Bonus (PIDCW-A) has a score of 5out of 5 The credit risk of the fund is 3 out of 5 as compared to other debt funds.

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