| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.31% |
| NAV | ₹101.99 (02 Jul 2020) |
|---|---|
| Fund Started | 18 Nov 2005 |
| Fund Size | ₹5,707 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Embassy Office Parks REIT | Construction | NCD | 5.7% |
| State Bank of India | Financial | NCD | 4.7% |
| GOI | Sovereign | GOI FRB | 4.5% |
| Vedanta Ltd. | Metals | NCD | 4.2% |
| United Spirits Ltd. | FMCG | Debenture | 3.1% |
| Reliance Industries Ltd. | Energy | NCD | 3.0% |
| GOI | Sovereign | GOI Sec | 2.9% |
| Geetanjali Trading & Investment Corporation Ltd. | Services | ZCB | 2.8% |
| Zydus Wellness Ltd. | FMCG | Debenture | 2.8% |
| LIC Housing Finance Ltd. | Financial | NCD | 2.7% |
ICICI Prudential Floating Interest Fund Dividend Daily is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 18 Nov 2005. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Floating Interest Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹5,707 Cr and the Latest NAV as of 02 Jul 2020 is ₹101.99.
The ICICI Prudential Floating Interest Fund Dividend Daily is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.
The scheme aims to generate income consistent with the prudent risk from a portfolio comprising floating rate debt instruments, fixed rate debt instruments swapped for floating rate return, and also fixed rate instruments & money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.