ICICI Prudential Floating Interest Fund Plan A Dividend Fortnightly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 29 Jul 2004. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Floating Interest Fund Plan A Dividend Fortnightly fund.The fund currently has an Asset Under Management(AUM) of ₹6,018 Cr and the Latest NAV as of 24 Apr 2020 is ₹101.40.
The ICICI Prudential Floating Interest Fund Plan A Dividend Fortnightly is rated Moderate risk. Minimum SIP Investment is set to 1000.
Investment Objective
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.
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.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment