Risk | Moderate |
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Min SIP Amount | Not Supported |
Expense Ratio | 1.40% |
NAV | ₹102.52 (20 Apr 2021) |
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Fund Started | 16 May 2013 |
Fund Size | ₹13,125 Cr |
ICICI Prudential Floating Interest Fund IDCW Monthly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 16 May 2013. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Floating Interest Fund IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹13,125 Cr and the Latest NAV as of 20 Apr 2021 is ₹102.52.
The ICICI Prudential Floating Interest Fund IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to 100.
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.