ICICI Prudential Floating Interest Fund Direct Plan Dividend Fortnightly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 11 Dec 2013. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Floating Interest Fund Direct Plan Dividend Fortnightly.The fund currently has an Asset Under Management(AUM) of ₹8,507 Cr and the Latest NAV as of 03 Apr 2020 is ₹101.40.
The ICICI Prudential Floating Interest Fund Direct Plan Dividend Fortnightly is rated Moderate risk. Minimum SIP Investment is 1000. Nil.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment