ICICI Prudential Floating Interest Fund Dividend Quarterly+0.03%

3Groww
7.73%
1 Year Return
Debt
Floater
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Floating Interest Fund Dividend Quarterly

RiskModerate
Min SIP Amount₹100
Expense Ratio1.32%
NAV104.8 (20 Aug 2019)
Fund Started28 Jun 2013
Fund Size7,110 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Floating Interest Fund Dividend Quarterly
7.7%
7.2%
7.8%
8.0%
Category Average
8.3%
7.2%
7.8%
-
Rank within category
4
3
4
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.7% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Bahadur Chand Investments Pvt. Ltd.FinancialDebenture5.2%
    Bharti Airtel Ltd.CommunicationNCD4.9%
    Embassy Office Parks REITConstructionNCD4.3%
    Piramal Enterprises Ltd.HealthcareCP4.2%
    State Bank of IndiaFinancialNCD3.6%
    Vedanta Ltd.MetalsNCD3.4%
    JSW Steel Ltd.MetalsDebenture3.2%
    National Bank For Agriculture & Rural DevelopmentFinancialCP2.7%
    United Spirits Ltd.FMCGDebenture2.5%
    LIC Housing Finance Ltd.FinancialDebenture2.5%
    See All

    Fund Managers

    addRahul Goswami
    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.
    Funds Managed
    addNikhil Kabra
    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.
    Funds Managed

    Other Details

    ICICI Prudential Floating Interest Fund Dividend Quarterly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 28 Jun 2013. Rahul Goswami, Nikhil Kabra is the Current Fund Manager of ICICI Prudential Floating Interest Fund Dividend Quarterly.The fund currently has an Asset Under Management(AUM) of ₹7,110 Cr and the Latest NAV as of 20 Aug 2019 is ₹104.8.

    The ICICI Prudential Floating Interest Fund Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 500. Nil.

    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)

    ₹500
    Min for First Investment
    ₹100
    Min for Second Investment
    Nil
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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