Fund Details
ICICI Prudential Floating Interest Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.31% |
| NAV | ₹320.66 (25 Nov 2020) |
|---|---|
| Fund Started | 18 Nov 2005 |
| Fund Size | ₹10,965 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. Exit load is zero
4. Age is more than 10 years
5. Risk-adjusted returns are higher compared to the category
6. 1Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
2. 3Y Returns are lower than the benchmark
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI FRB | 13.9% |
| GOI | Sovereign | GOI Sec | 5.8% |
| GOI | Sovereign | GOI Sec | 3.8% |
| Embassy Office Parks REIT | Construction | NCD | 3.2% |
| GOI | Sovereign | GOI Sec | 2.9% |
| Motherson Sumi Systems Ltd. | Automobile | NCD | 2.8% |
| State Bank of India | Financial | NCD | 2.5% |
| Muthoot Finance Ltd. | Financial | Bonds/NCD | 2.4% |
| Reserve Bank of India | Financial | T-Bills | 2.3% |
| SRF Ltd. | Diversified | NCD | 2.3% |
Fund Managers
ICICI Prudential Floating Interest Fund Growth Details
ICICI Prudential Floating Interest Fund Growth is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 18 Nov 2005. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Floating Interest Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹10,965 Cr and the Latest NAV as of 25 Nov 2020 is ₹320.66.
The ICICI Prudential Floating Interest Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.
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.
