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Home › Mutual Funds › ICICI Prudential Mutual Fund › ICICI Prudential Floating Interest Fund Direct Plan Fortnightly Reinvestment Inc Dist cum Cap Wdrl
Latest NAV & returns of ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD

ICICI Prudential Floating Interest Fund Direct Plan Fortnightly Reinvestment Inc Dist cum Cap Wdrl

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previously known as ICICI Pru Floating Interest Dir Fr DR until

NAV: ₹101.994 (-0.660%)
NAV on September 16, 2022
Category Fixed income:
Floating Rate
Interest rate sensitivity
Credit quality
Total Assets ₹11,797 cr
Turnover Ratio 73.09%
Expense Ratio 0.60%
Exit Load -
Returns
  • 1M: Positive return: 1.27%
  • 1Y: Positive return: 3.53%
  • 3M: Positive return: 2.44%
  • 3Y: Positive return: 6.22%
  • 6M: Positive return: 3.06%
  • 5Y: Positive return: 5.98%
Min Investment ₹500
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Rahul Goswami (Since almost 14 years) Nikhil Kabra (Since about 10 years)
ISIN INF109K01P40
Fund Family ICICI Prudential
Launch Date January 01, 2013
Benchmark Crisil Low Duration Debt TR INR
Avg. Maturity 9.15 years
Yield To Maturity (%) 6.15%

Asset Allocation

  • Debt: 96.5%
  • Cash: 3.5%
CREDIT QUALITY (%)
AAA 91.50%
AA 8.50%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs Crisil Low Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 2.593
Sharpe 1.053
Std Dev 2.276
Risk Above Average
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Floating Rate Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
AXIS ASSET MANAGEMENT COMPANY LIMITED logo
Axis Floater Fund Direct Growth
₹ 1425.734 7.40% ₹ 133 cr 0.22% High
ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD logo
ICICI Prudential Floating Interest Fund Direct Plan Growth
₹ 500.895 7.03% ₹ 8,011 cr 0.26% Below Average
FRANKLIN TEMPLETON ASSET MANAGEMENT (INDIA) PVT. LTD. logo
Franklin India Floating Rate Direct Growth
₹ 47.940 6.39% ₹ 279 cr 0.23% Average
HDFC AMC LTD. logo
HDFC Floating Rate Debt - Direct Plan - Growth Option
₹ 54.769 6.37% ₹ 16,452 cr 0.27% Below Average
NIPPON INDIA PRIVATE LTD. logo
Nippon India Floater Fund Direct Plan Growth Plan
₹ 50.937 5.93% ₹ 7,626 cr 0.30% Average

Best Floating Rate Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
AXIS ASSET MANAGEMENT COMPANY LIMITED logo
Axis Floater Fund Direct Growth
₹ 1425.734 7.40% ₹ 133 cr 0.22% High
Bandhan Asset Management logo
Bandhan Floater Fund Direct Growth
₹ 14.214 6.96% ₹ 221 cr 0.08% Above Average
FRANKLIN TEMPLETON ASSET MANAGEMENT (INDIA) PVT. LTD. logo
Franklin India Floating Rate Direct Growth
₹ 47.940 6.39% ₹ 279 cr 0.23% Average


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Data Partner Morningstar Logo – Data Partner
Visit AMC website to read all scheme related documents ICICI Prudential Fund