ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others

Debt
Direct
Floating Rate
ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others

About the Fund

ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others is a debt fund. This fund was started on 18 January, 2016. 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 Payout Inc Dist cum Cap Wdrl Others has ₹9721 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.

Returns

ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others has given a CAGR return of 7.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.77%, 6.64% and 7.27% respectively.

Holdings

ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others has allocated its funds majorly in Financial Services, Government, Corporate, Cash Equivalent, Securitize. Its top holdings are 8.34% Govt Stock 2033, 8% Govt Stock 2034, LIC Housing Finance Limited, Muthoot Finance Limited, 7.72% Govt Stock 2028

Taxation

As it is a floating rate mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others

To generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 15000.00 and for SIP is INR 0.00. ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.56%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹9721 Cr
Inception Date18 January, 2016
Min Lumpsum/SIP₹15000/--
Exit Load0%
Lock InNo Lock-in
TurnOver
35.6%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
80.1%

AA
19.9%

Sector Allocation

May'24

Apr'24

Mar'24

Government
60.1%
Corporate
33.4%
Cash Equivalent
6.4%
Securitize
0.1%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
8.34% Govt Stock 2033
8.34% Govt Stock 2033
41.48%
0%
8% Govt Stock 2034
8% Govt Stock 2034
10.03%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
3.74%
0%
Muthoot Finance Limited
Muthoot Finance Limited
2.56%
0%
7.72% Govt Stock 2028
7.72% Govt Stock 2028
2.5%
0%

Rohan Maru
Rohan Maru
Fund Manager of ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others, since 12 June 2023

ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.41% since inception which is more than its category average return of 5.15%
AUM size ₹9721 Cr

AUM size ₹9721 Cr

This fund has AUM of ₹9721 Cr which is more than its category average of ₹ 4687 Cr
Expense Ratio 0.56%

Expense Ratio 0.56%

This fund has an expense ratio of 0.56% which is more than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others is ₹181.58 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others
Absolute Returns
CAGR Returns
1 Month Returns
0.77%
0.77%
6 Month Returns
4.4%
4.4%
1 Year Returns
8.77%
8.77%
3 Years Returns
21.27%
6.64%
5 Years Returns
42%
7.27%
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.
0.56% as on May 2024
₹9721 Cr as on May 2024
8.34% Govt Stock 2033(41.48%), 8% Govt Stock 2034(10.03%), LIC Housing Finance Limited(3.74%), Muthoot Finance Limited(2.56%), 7.72% Govt Stock 2028(2.5%) as on May 2024
Government(58.14%), Corporate(34.47%), Cash Equivalent(7.31%) as on May 2024
Yield to Maturity is 8.28 as on May 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 1.37 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
80.06
AA
19.94
Rohan Maru is the fund manager of ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others
The Exit load of ICICI Prudential Floating Interest Fund Direct Plan Payout Inc Dist cum Cap Wdrl Others is 0%