• Mutual Funds
  • ICICI Prudential Mutual Fund
  • ICICI Prudential Floating Interest Fund (G)
ICICI Mutual Fund

ICICI Prudential Floating Interest Fund (G)

DebtFloater
Top Ranked

399.109

NAV (Sep 13)

6.007%
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 ->

Category Leader

The fund has been a Category Leader on the Consistency of Credit Quality metric

Fund Size

Good

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

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

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

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

Investment Objective

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

Darshil Dedhia

Fund Manager

Rohan Maru

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 (G)70%8,60,849 1,28,2376.7%
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 2024-05-03

Top Debt Holdings

GOI

42.2%
42.197%

GOI

10.8%
10.759%

LIC Housing Finance Ltd.

4%
3.992%

Others

3.1%
3.093%

Muthoot Finance Ltd.

2.7%
2.74%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (G)
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (G)

₹ 8,093 cr

₹ 15,209 cr

₹ 4,457 cr

₹ 9,577 cr

₹ 13,722 cr

amc-img

About the AMC

ICICI Prudential Mutual Fund

ICICI Mutual Fund, incorporated in 1998. It is a joint venture between ICICI Bank and Prudential Plc. Prudential Plc is a UK based financial services company.amc-img
Fund NameScripbox 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)?

ICICI Prudential Floating Interest Fund (G) is a Debt 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 (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.