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Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Floating Interest Fund Direct Plan IDCW Monthly

ICICI Prudential Floating Interest Fund Direct Plan IDCW Monthly

Debt
Floater
Low to Moderate Risk
Payout
6.59%
3Y annualised
-0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jun 2022₹101.39
Min. SIP amountNA
RatingNA
Fund size₹15,667.49Cr

Returns and rankings

Category: Debt Floater
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.5%6.6%6.9%8.2%
Category average5.3%7.6%7.3%NA
Rank with in category1022NA
Understand terms

Holdings (62)

NameSectorInstrumentAssets
GOI
SovereignGOI FRB37.3%
GOI
SovereignGOI Sec6.6%
GOI
SovereignGOI Sec6.5%
GOI
SovereignGOI Sec4.6%
Motherson Sumi Systems Ltd.AutomobileNCD1.9%
GOI
SovereignGOI Sec1.7%
State Bank of IndiaFinancialAdditional Tier 2 Bo1.6%
SRF Ltd.
DiversifiedNCD1.6%
Godrej Industries Ltd.
DiversifiedNCD1.0%
Godrej Properties Ltd.ConstructionZCB0.9%
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: 0.61%

Expense ratio, exit load and tax

Expense ratio: 0.61%

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 investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

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
Amc Image
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

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

You can easily invest in ICICI Prudential Floating Interest Fund Direct Plan IDCW Monthly 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 Monthly 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 Monthly 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 Monthly provide?

The ICICI Prudential Floating Interest Fund Direct Plan IDCW Monthly has been there from 16 May 2013 and the average annual returns provided by this fund is 2.47% since its inception.

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

The term Expense Ratio used for ICICI Prudential Floating Interest Fund Direct Plan IDCW Monthly 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 Monthly is 0.61% as of 25 Jun 2022...

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

The AUM, short for Assets Under Management of ICICI Prudential Floating Interest Fund Direct Plan IDCW Monthly is ₹15,667.49Cr as of 25 Jun 2022.

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

If you want to sell your ICICI Prudential Floating Interest Fund Direct Plan IDCW Monthly 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 Monthly?

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

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

The NAV of ICICI Prudential Floating Interest Fund Direct Plan IDCW Monthly is ₹101.39 as of 24 Jun 2022.

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

The PE ratio ratio of ICICI Prudential Floating Interest Fund Direct Plan IDCW Monthly 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).

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