|Min SIP Amount||Not Supported|
|NAV||₹101.89 (29 Oct 2020)|
|Fund Started||11 Dec 2013|
|Fund Size||₹9,844 Cr|
|Embassy Office Parks REIT||Construction||NCD||3.6%|
|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%|
ICICI Prudential Floating Interest Fund Direct Plan Dividend Fortnightly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available 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 fund.The fund currently has an Asset Under Management(AUM) of ₹9,844 Cr and the Latest NAV as of 29 Oct 2020 is ₹101.89.
The ICICI Prudential Floating Interest Fund Direct Plan Dividend Fortnightly is rated Moderate risk. Minimum SIP Investment is set to 1000.
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.