Fund Details
ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.68% |
| NAV | ₹100.66 (16 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹13,125 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Higher expense ratio - 0.69%
Fund Managers
ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily Details
ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹13,125 Cr and the Latest NAV as of 16 Apr 2021 is ₹100.66.
The ICICI Prudential Floating Interest Fund Direct Plan IDCW Daily is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 15000.
Investment Objective
The scheme seeks to generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
