Fund Performance
Lumpsum
SIP
5.67
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,800 today.
NAV Performance
Fund Information
-
₹ 371.917
as on 22 Sep 2023 -
Regular - Growth
-
-
-
₹ 500
-
₹ 10,639 Cr.
as on 31 May 2023 -
1.27%
-
17 Nov 2005
-
CRISIL 10 Year Gilt Index
-
ICICI prudential Mutual Fund
Show All Funds
Highlights of this fund
ICICI Prudential Floating Interest Fund is an Open-ended Debt Fund. The fund belongs to Floater Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 17 Nov 2005. This fund is offered by one of the top AMC (Assets Management Company) ICICI prudential Mutual Fund. You can also view here all other Debt funds offered by ICICI prudential Mutual Fund.
Latest NAV of the fund is ₹ 371.917 as on 22 Sep 2023.
This fund has 17 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.27%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund 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.
List of Fund Managers of ICICI Prudential Floating Interest Fund
-
About Rahul Goswami
Rahul is instrumental in investment strategy development and execution of the fixed income product suite. He manages some of the key debt funds.With over two decades of rich experience, he was earlier associated with Standard Chartered Bank, Franklin Templeton, UTI Bank, SMIFS Securities, Khandwala Finance Ltd and RR Financial Consultants. He holds a Bachelor’s degree in Science and MBA from Bhopal University.
-
About Nikhil Kabra
Mr. Kabra is a B.Com and Chartered Accountant. Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.13% | 0.85% | 2.68% | 4.81% | 7.79% | 5.59% | 5.74% | 7.18% | 7.65% | 8.81% | 7.19% | 6.24% | 6.45% | 7.05% |
| Category Average | 0.12% | 0.72% | 2.08% | 4.24% | 7.36% | 5.13% | 5.29% | 6.69% | 7.26% | 7.87% | 6.49% | 5.75% | 6.16% | 6.73% |
| ICICI Prudential Floating Interest Fund | 0.12%₹ 10,011 | 0.85%₹ 10,084 | 2.68%₹ 10,267 | 4.81%₹ 10,480 | 7.79%₹ 10,779 | 8.81%₹ 12,564 | 5.31%₹ 11,089 | 7.19%₹ 25,821 | 5.67%₹ 11,800 | 6.24%₹ 39,576 | 6.84%₹ 13,926 | 6.45%₹ 70,616 | 7.43%₹ 20,501 | 6.92%₹ 1,71,375 |
| HDFC Floating Rate Debt Fund | 0.12%₹ 10,012 | 0.78%₹ 10,078 | 2.28%₹ 10,227 | 4.46%₹ 10,445 | 7.67%₹ 10,766 | 8.32%₹ 12,533 | 5.59%₹ 11,148 | 6.93%₹ 25,754 | 5.74%₹ 11,822 | 6.17%₹ 39,535 | 6.93%₹ 13,986 | 6.43%₹ 70,579 | 7.63%₹ 20,880 | 7.05%₹ 1,72,534 |
| Kotak Floating Rate Fund | 0.13%₹ 10,012 | 0.68%₹ 10,067 | 2.03%₹ 10,203 | 4.13%₹ 10,413 | 7.13%₹ 10,713 | 7.62%₹ 12,489 | 4.73%₹ 10,969 | 6.13%₹ 25,548 | 5.46%₹ 11,729 | 5.59%₹ 39,194 | - | - | - | - |
| Aditya Birla Sun Life Floating Rate Fund | 0.13%₹ 10,012 | 0.69%₹ 10,068 | 1.95%₹ 10,195 | 4.10%₹ 10,410 | 7.42%₹ 10,741 | 7.79%₹ 12,500 | 5.55%₹ 11,141 | 6.66%₹ 25,686 | 5.38%₹ 11,701 | 5.96%₹ 39,408 | 6.77%₹ 13,882 | 6.17%₹ 70,129 | 7.65%₹ 20,918 | 6.97%₹ 1,71,825 |
| Nippon India Floating Rate Fund | 0.13%₹ 10,013 | 0.72%₹ 10,072 | 1.87%₹ 10,186 | 4.25%₹ 10,424 | 7.30%₹ 10,729 | 7.61%₹ 12,489 | 4.91%₹ 11,006 | 6.18%₹ 25,562 | 5.32%₹ 11,683 | 5.55%₹ 39,169 | 7.18%₹ 14,146 | 6.27%₹ 70,295 | 7.53%₹ 20,676 | 6.90%₹ 1,71,184 |
| Franklin India Floating Rate Fund | 0.13%₹ 10,012 | 0.78%₹ 10,078 | 2.20%₹ 10,220 | 4.24%₹ 10,424 | 7.61%₹ 10,760 | 8.08%₹ 12,518 | 5.20%₹ 11,067 | 6.58%₹ 25,664 | 4.94%₹ 11,556 | 5.69%₹ 39,253 | 5.73%₹ 13,215 | 5.49%₹ 68,944 | 6.04%₹ 17,989 | 5.81%₹ 1,61,676 |
Portfolio Holdings
Top Debt Instrument Type holdings of ICICI Prudential Floating Interest Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 69.33% | ₹ 7,625.02 Cr. |
| NCD & Bonds | 27.48% | ₹ 3,021.29 Cr. |
| CP | 0.65% | ₹ 71.71 Cr. |
| PTC | 0.20% | ₹ 20.66 Cr. |
| Others | 2.34% | - |
Top Debt Holdings of ICICI Prudential Floating Interest Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 69.33% | ₹ 7,625.02 Cr. |
| Bond - LIC Housing Finance Ltd. | 4.89% | ₹ 537.10 Cr. |
| Bond - DME Development Ltd. | 4.07% | ₹ 446.90 Cr. |
| Bond - State Bank Of India | 2.06% | ₹ 227.10 Cr. |
| Bond - TMF Holdings Ltd. | 1.78% | ₹ 195.36 Cr. |
| Others | 17.87% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 2.04% |
| TREPS | 0.31% |