ICICI Prudential Floating Interest Fund Direct Plan Growth

ICICI Prudential Floating Interest Fund Direct Plan Growth

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Debt
Direct
Floating Rate
NAV: ₹ 418.55 as on 19-04-2024
Fund Performance
zero opening, trading, fund transfer fee
248 people have invested ₹ 76.6L in ICICI Prudential Floating Interest Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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In the last 5 years, this fund has outperformed all funds in its category.
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In the last 1 year, this fund has outperformed all funds in its category.
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Over the last 3 months, this fund has experienced a 6.9% drop in AUM moving from 10.82K Cr to 10.08K Cr.
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In the last 3 years, this fund has outperformed all funds in its category.
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This fund has one of the lowest expense ratio in the category (floating rate). Its expense ratio is 0.61% which is lower than the category average expense ratio of 0.62%.
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Over the last 15 months, this fund has increased expense ratio by 1.7% moving from 0.60 to 0.61.

About the ICICI Prudential Floating Interest Fund Direct Plan Growth

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 Rohan Maru. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Floating Interest Fund Direct Plan Growth has ₹10083 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.6.

ICICI Prudential Floating Interest Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.61%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹10083 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
35.6%

ICICI Prudential Floating Interest Fund Direct Plan Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
82%
AA
18%
Sector Allocation

Mar'24

Feb'24

Jan'24

Government
61.3%
Corporate
34.8%
Cash Equivalent
3.7%
Securitize
0.1%

Top Holdings of ICICI Prudential Floating Interest Fund Direct Plan Growth as on (31-Mar-24)

  • Debt & Cash

Debt Holdings69
Holdings
Weight%
1M Change
8.25% Govt Stock 2033
8.25% Govt Stock 2033
40.75%
0%
8.1% Govt Stock 2034
8.1% Govt Stock 2034
9.67%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
6.39%
-5.1%
LIC Housing Finance Limited
LIC Housing Finance Limited
3.61%
0%
Muthoot Finance Limited
Muthoot Finance Limited
2.48%
0%

ICICI Prudential Floating Interest Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 9.9K Cr
₹ 10.2K Cr
₹ 10.6K Cr
  • AUM of the fund stands at 9.9K Cr as of Mar'24
  • AUM decreased by 308.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

ICICI Prudential Floating Interest Fund Direct Plan Growth Fund Manager

Rohan Maru
Rohan Maru
Fund Manager of ICICI Prudential Floating Interest Fund Direct Plan Growth, since 12 June 2023

ICICI Prudential Floating Interest Fund Direct Plan Growth Highlights

Risk meter
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Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.27% since inception which is more than its category average return of 5.04%
AUM size ₹10083 Cr

AUM size ₹10083 Cr

This fund has AUM of ₹10083 Cr which is more than its category average of ₹ 4684 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% which is more than its category average expense ratio of 0.57%

Frequently Asked Questions

The current NAV of ICICI Prudential Floating Interest Fund Direct Plan Growth is ₹418.55 as on 19-Apr-2024.
Existing (Absolute + CAGR) as on 19-Apr-2024.
ICICI Prudential Floating Interest Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.77%
0.77%
6 Month Returns
3.99%
3.99%
1 Year Returns
8.77%
8.77%
3 Years Returns
21.42%
6.68%
5 Years Returns
43.3%
7.46%
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.
0.61% as on March 2024
₹10083 Cr as on March 2024
8.25% Govt Stock 2033(40.75%), 8.1% Govt Stock 2034(9.67%), 7.18% Govt Stock 2033(6.39%), LIC Housing Finance Limited(3.61%), Muthoot Finance Limited(2.48%) as on March 2024
Government(61.31%), Corporate(34.85%), Cash Equivalent(3.75%) as on March 2024
Yield to Maturity is 8.35 as on March 2024. 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 1.17 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
82.04
AA
17.96
Rohan Maru is the fund manager of ICICI Prudential Floating Interest Fund Direct Plan Growth
The Exit load of ICICI Prudential Floating Interest Fund Direct Plan Growth is 0%