ICICI Prudential Floating Interest Fund Direct Plan Growth
Debt
Direct
Floating Rate
NAV: ₹ 382.9 as on 29-03-2023
Fund Performance
144 people have invested ₹ 89.3L in mutual fund in the last three months
Fund Insights
In the last 1 year, ICICI Prudential Floating Interest Fund Direct Plan Growth has outperformed all funds in its category
In the last 3 years, ICICI Prudential Floating Interest Fund Direct Plan Growth has outperformed all funds in its category
In the last 5 years, ICICI Prudential Floating Interest Fund Direct Plan Growth has outperformed all funds in its category
Over the last 1 year, ICICI Prudential Floating Interest Fund Direct Plan Growth has increased expense ratio by 5.1% moving from 0.59 to 0.62
ICICI Prudential Floating Interest Fund Direct Plan Growth Performance as on (29-Mar-23)
About the Fund
ICICI Prudential Floating Interest Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rahul Goswami, Nikhil Kabra. This fund is suitable to keep your money safe.
Key parameters
1) ICICI Prudential Floating Interest Fund Direct Plan Growth has a NAV of ₹382.9045 as on 29-03-2023.
2) ICICI Prudential Floating Interest Fund Direct Plan Growth has ₹11596 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.62 %.
ICICI Prudential Floating Interest Fund Direct Plan Growth Overview
 | 0.62% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹11596 Cr |
 | 1 January, 2013 |
 | ₹500/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 73.09% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
89.6%
AA
10.4%
Sector Allocation
Government
72.1%
Corporate
18.7%
Cash Equivalent
9.1%
Securitize
0.2%
Top Holdings of ICICI Prudential Floating Interest Fund Direct Plan Growth as on (28-Feb-23)
Debt Holdings59
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.42 9/22/2033 12:00:00 Am | 48.82% | -8.7% | |
7.01 10/4/2028 12:00:00 Am | 12.19% | 0% | |
7.69 10/30/2034 12:00:00 Am | 11.29% | 0% | |
Net Current Assets | 2.68% | 0% | |
Godrej Industries Limited | 1.39% | 0% |
See all
ICICI Prudential Floating Interest Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.84% whereas the fund’s underlying benchmark Floating Rate Index returns stands at 0.46% as on Feb'23
- This fund outperformed Floating Rate Index by 0.38% in Feb'23
AUM Change
- AUM of the fund stands at 11.7K Cr as of Feb'23
- AUM decreased by 82.3 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
State Bank Of India's allocation increased from 0.2% to 0.9%
Bharti Telecom Limited's allocation increased from 0.41% to 0.9%
Aditya Birla Finance Limited's allocation increased from 0.6% to 0.86%
Top Stocks sold last month
State Bank Of India's allocation decreased from 0.9 % to 0.69 %
State Bank Of India's allocation decreased from 0.69 % to 0.62 %
Aditya Birla Finance Limited's allocation decreased from 0.86 % to 0.51 %
Debt allocation has gone down from 95.2% to 90.9%
Cash allocation has gone up from 4.8% to 9.1%
Top 2 Sectors in February were Government, Corporate
Feb'23
Government
72%
Corporate
19%
Jan'23
Government
76%
Corporate
19%
Peer Analysis
ICICI Prudential Floating Interest Fund Direct Plan Growth Fund Manager
Rahul Goswami
Fund Manager of ICICI Prudential Floating Interest Fund Direct Plan Growth, since 27 September 2012
Top funds managed
Nikhil Kabra
Fund Manager of ICICI Prudential Floating Interest Fund Direct Plan Growth, since 3 August 2016
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.22% since inception which is more than its category average return of 4.92%
AUM size ₹11596 Cr
This fund has AUM of ₹11596 Cr which is more than its category average of ₹ 5035 Cr
Expense Ratio 0.62%
This fund has an expense ratio of 0.62% which is more than its category average expense ratio of 0.56%
Frequently Asked Questions
The current NAV of ICICI Prudential Floating Interest Fund Direct Plan Growth is 382.9 as on 29-Mar-2023.
Existing (Absolute + CAGR)
ICICI Prudential Floating Interest Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.67% | 0.67% |
6 Month Returns | 3.42% | 3.42% |
1 Year Returns | 6.37% | 6.37% |
3 Years Returns | 21.28% | 6.64% |
5 Years Returns | 41.73% | 7.22% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.62 as on March 2023
11596 Cr as on March 2023
Yield to Maturity is 7.88 as on March 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.53 as on March 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 89.64 |
AA | 10.36 |
Rahul Goswami,Nikhil Kabra are the fund managers of ICICI Prudential Floating Interest Fund Direct Plan Growth
The Exit load of ICICI Prudential Floating Interest Fund Direct Plan Growth is 0%