Groww Logo
Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily

ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily

Debt
Floater
Low to Moderate Risk
6.57%
3Y annualised
+0.13% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 12 Aug 2022₹100.17
Min. SIP amount₹1,000
RatingNA
Fund size₹11,894.78Cr

Returns and rankings

Category: Debt Floater
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.7%6.6%7.0%8.2%
Category average5.3%7.6%7.3%NA
Rank with in category1221NA
Understand terms

Holdings (44)

NameSectorInstrumentAssets
GOI
SovereignGOI FRB49.9%
GOI
SovereignGOI Sec12.2%
GOI
SovereignGOI Sec10.8%
Samvardhana Motherson International Ltd.AutomobileNCD1.7%
Godrej Industries Ltd.
DiversifiedNCD1.4%
Tata Capital Financial Services Ltd.
FinancialNCD1.2%
State Bank of IndiaFinancialAdditional Tier 1 Bo1.1%
Embassy Office Parks REITConstructionDebenture1.0%
GOISovereignGOI Sec1.0%
State Bank of IndiaFinancialAdditional Tier 1 Bo0.9%
See All

Pros and cons

Category: Debt Floater

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher expense ratio: 0.6%

Expense ratio, exit load and tax

Expense ratio: 0.60%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹15,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Rahul Goswami
Jan 2013 - Present
View details

Education
Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)
Experience
Prior to joining ICICI Prudential AMC he has worked with UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
Also manages these schemes

Nikhil Kabra
Aug 2016 - Present
View details

Education
Mr. Kabra is a B.Com and Chartered Accountant.
Experience
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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
Website
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily
VS
Add mutual fund to compare

FAQs

How to Invest in ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily?

You can easily invest in ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily provide?

The ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily has been there from 01 Jan 2013 and the average annual returns provided by this fund is 2.66% since its inception.

How much expense ratio is charged by ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily?

The term Expense Ratio used for ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily is 0.60% as of 17 Aug 2022...

What is the AUM of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily?

The AUM, short for Assets Under Management of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily is ₹11,894.78Cr as of 17 Aug 2022.

How to Redeem ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily?

If you want to sell your ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily?

You can select either SIP or Lumpsum investment of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily based on your investment objective and risk tolerance.

What is the NAV of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily?

The NAV of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily is ₹100.17 as of 12 Aug 2022.

What is the PE and PB ratio of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily?

The PE ratio ratio of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.2.5
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI