- Mutual Funds
- ICICI Prudential Mutual Fund
- ICICI Prudential Floating Interest Fund (G)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 399.109
NAV (Sep 13)
Fund Returns
Last 1Y | 7.5% |
Last 3Y | 6% |
Last 5Y | 6.7% |
Last 10Y | 7.2% |
Since Inception | 7.6% |
6 Month CAGR | 4.2% |
Scheme Information
The scheme seeks to generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.
Expense Ratio | 1.19 |
Launched (0y ago) | 1.19 |
AUM in Crores | 8965.5 |
ISIN | INF109K01AX1 |
Lock-in | |
Benchmark | NIFTY Low Duration Debt Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | |
Standard Deviation | 1.4 |
Beta | 1.5 |
Sharpe Ratio | 0.3 |
YTM |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential Floating Interest Fund (G) | 8,60,849 | 1,28,237 | 6.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
GOI
42.2%GOI
10.8%LIC Housing Finance Ltd.
4%Others
3.1%Muthoot Finance Ltd.
2.7%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 8,093 cr | ||
₹ 15,209 cr | ||
₹ 4,457 cr | ||
₹ 9,577 cr | ||
₹ 13,722 cr |
About the AMC
ICICI Prudential Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
20.088% | 15.843% | ||
26.114% | 21.103% | ||
11.76% | 16.255% | ||
5.968% | 7.13% | ||
5.978% | 7.419% |
ICICI Prudential Floating Interest Fund (G) Review
ICICI Prudential Floating Interest Fund (G) is a Debt Debt fund and has delivered an annualised return of 7.625% over a period of 54 years. The fund is managed by ICICI Prudential Mutual Fund. The fund manager’s name is [object Object],[object Object].
Nav of ICICI Prudential Floating Interest Fund (G) as of 9/13/2024 is ₹399.11 with the total AUM as of 9/15/2024 is ₹8965.520789. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Floating Interest Fund (G) was launched on null. The category risk of the fund is Above Average.
The minimum SIP amount for ICICI Prudential Floating Interest Fund (G) 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 (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 NIFTY Low Duration Debt Index A-I.
ICICI Prudential Floating Interest Fund (G) is rated as a 4 fund in Debt and delivered 7.53% 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 (G).
Frequently Asked Questions
What is ICICI Prudential Floating Interest Fund (G)?
How to invest in ICICI Prudential Floating Interest Fund (G)?
You can invest in ICICI Prudential Floating Interest Fund (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 (G)?
The minimum sip amount for ICICI Prudential Floating Interest Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is ICICI Prudential Floating Interest Fund (G) good to invest in?
As per Scripbox experts, ICICI Prudential Floating Interest Fund (G) is a 4 fund. You can investICICI Prudential Floating Interest Fund (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 (G)?
The expense ratio of the ICICI Prudential Floating Interest Fund (G) is 1.19% for regular plan.