| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.31% |
| NAV | ₹101.34 (29 Oct 2020) |
|---|---|
| Fund Started | 18 Nov 2005 |
| Fund Size | ₹9,844 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI FRB | 8.2% |
| GOI | Sovereign | GOI Sec | 6.4% |
| GOI | Sovereign | GOI Sec | 4.7% |
| Embassy Office Parks REIT | Construction | NCD | 3.6% |
| GOI | Sovereign | GOI Sec | 3.2% |
| Motherson Sumi Systems Ltd. | Automobile | NCD | 3.0% |
| State Bank of India | Financial | NCD | 2.7% |
| Muthoot Finance Ltd. | Financial | Bonds/NCD | 2.6% |
| Reserve Bank of India | Financial | T-Bills | 2.6% |
| SRF Ltd. | Diversified | NCD | 2.5% |
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 ₹9,844 Cr and the Latest NAV as of 29 Oct 2020 is ₹101.34.
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 seeks to generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.