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ICICI Prudential Floating Interest Fund Direct Growth
DebtFloating RateModerate Risk
Direct
NAV (21-Nov-24)
₹441.18-0.00%1D
Returns (Since Inception)
8.32%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹8,675 Cr
Expense Ratio
0.56%
ISIN
INF109K01P57
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
ICICI Prudential Floating Interest Fund Direct Growth is a Floating Rate mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹441.18, Assets Under Management (AUM) of 8674.64 Crores, and an expense ratio of 0.56%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹441.18, Assets Under Management (AUM) of 8674.64 Crores, and an expense ratio of 0.56%.
- ICICI Prudential Floating Interest Fund Direct Growth has given a CAGR return of 8.32% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 96.46% in debts, and 3.18% in cash & cash equivalents.
- You can start investing in ICICI Prudential Floating Interest Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.99%
+8.30% (Cat Avg.)
3 Years
+7.14%
+6.41% (Cat Avg.)
5 Years
+7.41%
+6.38% (Cat Avg.)
10 Years
+8.05%
+6.43% (Cat Avg.)
Since Inception
+8.32%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Debt | ₹8,367.43 Cr | 96.46% |
| Others | ₹307.21 Cr | 3.54% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.93% Govt Stock 2033 | Bond - Gov't/Treasury | ₹3,466 Cr | 39.96% |
| 7.53% Govt Stock 2034 | Bond - Gov't/Treasury | ₹985.18 Cr | 11.36% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹366.65 Cr | 4.23% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹251.05 Cr | 2.89% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹200.74 Cr | 2.31% |
| Oberoi Realty Ltd. | Bond - Corporate Bond | ₹199.48 Cr | 2.30% |
| Net Current Assets | Cash | ₹159.61 Cr | 1.84% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹155.51 Cr | 1.79% |
| Tata Housing Development Company Limited | Bond - Corporate Bond | ₹150.4 Cr | 1.73% |
| Tata Housing Development Company Limited 8.2175% | Bond - Corporate Bond | ₹125.28 Cr | 1.44% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹105.18 Cr | 1.21% |
| SANSAR AUG 2024 VII TRUST | Bond - Asset Backed | ₹100.62 Cr | 1.16% |
| SANSAR JUNE 2024 TRUST | Bond - Asset Backed | ₹100.59 Cr | 1.16% |
| Narayana Hrudayalaya Limited | Bond - Corporate Bond | ₹100.25 Cr | 1.16% |
| 360 One Prime Ltd. | Bond - Corporate Bond | ₹100.1 Cr | 1.15% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.73 Cr | 1.15% |
| Pipeline Infrastructure Pvt Ltd. | Bond - Corporate Bond | ₹88.84 Cr | 1.02% |
| Treps | Cash - Repurchase Agreement | ₹78.71 Cr | 0.91% |
| Jm Financial Credit Solutions Limited | Bond - Corporate Bond | ₹75.8 Cr | 0.87% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹75.47 Cr | 0.87% |
| Motilal Oswal Finvest Limited | Bond - Corporate Bond | ₹75.35 Cr | 0.87% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹75.06 Cr | 0.87% |
| Tata Housing Development Co Ltd. | Bond - Corporate Bond | ₹75.06 Cr | 0.87% |
| Nirma Limited | Bond - Corporate Bond | ₹50.39 Cr | 0.58% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹50.15 Cr | 0.58% |
| Altius Telecom Infrastructure Trust | Bond - Corporate Bond | ₹50.11 Cr | 0.58% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.01 Cr | 0.58% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹50 Cr | 0.58% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹49.99 Cr | 0.58% |
| JM Financial Products Limited | Bond - Corporate Bond | ₹49.9 Cr | 0.58% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.86 Cr | 0.57% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.81 Cr | 0.57% |
| Dme Development Limited | Bond - Corporate Bond | ₹46.67 Cr | 0.54% |
| Dme Development Limited | Bond - Corporate Bond | ₹45.11 Cr | 0.52% |
| Dme Development Limited | Bond - Corporate Bond | ₹44.86 Cr | 0.52% |
| Dme Development Limited | Bond - Corporate Bond | ₹44.81 Cr | 0.52% |
| Dme Development Limited | Bond - Corporate Bond | ₹44.55 Cr | 0.51% |
| Dme Development Limited | Bond - Corporate Bond | ₹44.39 Cr | 0.51% |
| Dme Development Limited | Bond - Corporate Bond | ₹44.05 Cr | 0.51% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.86 Cr | 0.51% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.6 Cr | 0.50% |
| Dme Development Limited | Bond - Corporate Bond | ₹43.24 Cr | 0.50% |
| Torrent Power Limited | Bond - Corporate Bond | ₹41.32 Cr | 0.48% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹40.14 Cr | 0.46% |
| Sheela Foam Limited | Bond - Corporate Bond | ₹35.1 Cr | 0.40% |
| Sheela Foam Limited | Bond - Corporate Bond | ₹35.09 Cr | 0.40% |
| Sheela Foam Limited | Bond - Corporate Bond | ₹35.03 Cr | 0.40% |
| Sheela Foam Limited | Bond - Corporate Bond | ₹35.02 Cr | 0.40% |
| Jodhpur Wind Farms Private Limited | Bond - Corporate Bond | ₹34.98 Cr | 0.40% |
| Jodhpur Wind Farms Private Limited | Bond - Corporate Bond | ₹34.4 Cr | 0.40% |
| Corporate Debt Market Development Fund (Class A2) | Mutual Fund - Open End | ₹30.95 Cr | 0.36% |
| Mankind Pharma Ltd | Bond - Corporate Bond | ₹29.13 Cr | 0.34% |
| Torrent Power Limited | Bond - Corporate Bond | ₹29.08 Cr | 0.34% |
| Eris Lifesciences Limited | Bond - Corporate Bond | ₹25.17 Cr | 0.29% |
| Eris Lifesciences Limited | Bond - Corporate Bond | ₹25.13 Cr | 0.29% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.05 Cr | 0.29% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹25.01 Cr | 0.29% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.65 Cr | 0.28% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹19.64 Cr | 0.23% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹11.06 Cr | 0.13% |
| West Bengal (Government of) | Bond - Sub-sovereign Government Debt | ₹10.37 Cr | 0.12% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹10.27 Cr | 0.12% |
| 08.25 MH Sdl 2025 | Bond - Gov't/Treasury | ₹5.04 Cr | 0.06% |
| Torrent Power Limited | Bond - Corporate Bond | ₹3.03 Cr | 0.03% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹2.96 Cr | 0.03% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹1 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹4,477.55 Cr | 51.62% |
| Bond - Corporate Bond | ₹3,713.28 Cr | 42.81% |
| Bond - Asset Backed | ₹204.17 Cr | 2.35% |
| Cash | ₹159.61 Cr | 1.84% |
| Cash - Repurchase Agreement | ₹78.71 Cr | 0.91% |
| Mutual Fund - Open End | ₹30.95 Cr | 0.36% |
| Bond - Sub-sovereign Government Debt | ₹10.37 Cr | 0.12% |
| Cash - Commercial Paper | ₹0 Cr | - |
| Cash - CD/Time Deposit | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
1.31%
Cat. avg.
1.13%
Lower the better
Sharpe Ratio
This fund
0.75
Cat. avg.
0.24
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.56
Higher the better
Fund Managers
Ritesh Lunawat
Since September 2024
Darshil Dedhia
Since June 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF109K01P57 | Expense Ratio 0.56% | Exit Load No Charges | Fund Size ₹8,675 Cr | Age 11 years 10 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Crisil Low Duration Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Floating Rate Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| DSP Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹729.43 Cr | 9.7% |
| DSP Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹729.43 Cr | 9.3% |
| Axis Floater Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹232.97 Cr | 9.8% |
| Axis Floater Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹232.97 Cr | 9.4% |
| Franklin India Floating Rate Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹300.79 Cr | 8.3% |
| Nippon India Floating Rate Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹7820.98 Cr | 8.2% |
| ICICI Prudential Floating Interest Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹8674.64 Cr | 8.3% |
| HDFC Floating Rate Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14941.21 Cr | 8.7% |
| Franklin India Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹300.79 Cr | 9.1% |
| Aditya Birla Sun Life Floating Rate Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹13285.65 Cr | 8.3% |
About the AMC
ICICI Prudential Mutual Fund
Total AUM
₹8,99,267 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of ICICI Prudential Floating Interest Fund Direct Growth?
The NAV of ICICI Prudential Floating Interest Fund Direct Growth, as of 21-Nov-2024, is ₹441.18.
What are the returns of ICICI Prudential Floating Interest Fund Direct Growth?
The fund has generated 8.99% over the last 1 year and 7.14% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of ICICI Prudential Floating Interest Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 96.46% in bonds, and 3.18% in cash and cash equivalents.
Who manages the ICICI Prudential Floating Interest Fund Direct Growth?
The fund managers responsible for ICICI Prudential Floating Interest Fund Direct Growth are:-
- Ritesh Lunawat
- Darshil Dedhia
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.