ICICI Prudential Floating Interest Fund A Growth

ICICI Prudential Floating Interest Fund A Growth

Debt

ICICI Mutual Fund

Floating Rate

Get the latest NAV of ICICI Prudential Floating Interest Fund A Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹300.75

▼-0.2%1D

NAV as on 24 Apr 2020

7.25%/per year

Since Inception

Absolute Gain%

▲▼

ICICI Prudential Floating Interest Fund A Growth Performance vs. Floating Rate Index

Fund returns vs Benchmark returns vs Category Average returns as on (24-Apr-20)

The fund has outperformed the benchmark (Floating Rate Index) over 1Y, 5Y, but underperformed over 3Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
1.92%
1.03%
3.07%
7.57%
6.83%
7.42%
Floating Rate Index
0.41%
1.25%
2.82%
7.22%
7.08%
6.08%
Floating Rate Avg
0.38%
1.25%
2.85%
7.27%
7.67%
6.41%
Best in Floating Rate
1.25%
2.26%
3.74%
8.76%
8.63%
7.23%
Worst in Floating Rate
0.2%
1.05%
2.42%
7.18%
7.37%
6.26%
Category Rank
4/8
5/8
4/8
7/8
5/8
--

ICICI Prudential Floating Interest Fund A Growth Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

4
/7
75% Performance
33% Risk Management
67% Cost

Ranked 4 out of 7 mutual funds in the floating rate category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
ICICI Prudential Floating Interest Fund A Growth
4/7
7,439Cr
0.94%
7.57%
6.83%
-0.83
2.34
0.79
1.38
0.04
HDFC Floating Rate Debt Fund
1/7
16,766Cr
0.5%
7.37%
7.82%
-0.53
6.23
1.79
4.15
1.59
Kotak Floating Rate Fund
2/7
3,456Cr
0.63%
7.7%
7.79%
-0.53
6.25
1.72
5.10
1.52
Aditya Birla Sun Life Floating Rate Fund
3/7
13,462Cr
0.45%
7.22%
7.54%
-0.44
4.95
1.76
3.96
1.46
See all

ICICI Prudential Floating Interest Fund A Growth Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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ICICI Prudential Floating Interest Fund A Growth Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
100%
Cash allocation has gone up from 49.8% to 55.4%
Cash allocation has gone up from 49.8% to 55.4%
Debt allocation has gone down from 49.7% to 44.1%
Debt allocation has gone down from 49.7% to 44.1%

ICICI Prudential Floating Interest Fund A Growth Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Corporate
53.3%
Government
41.3%
Cash Equivalent
5.4%

Top 3 Sectors in February were Financial Services, Corporate & Government

Feb'26

Financial Services

100%

Corporate

39%

Government

25%

Jan'26

Financial Services

100%

Corporate

36%

Government

30%

ICICI Prudential Floating Interest Fund A Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.94%
Benchmark
Crisil Low Duration Debt TR INR
AUM₹7439 Cr
Inception Date2 August, 2004
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
47.83%
Risk
Risk meter
pointer
Low to Moderate Risk

About ICICI Prudential Floating Interest Fund A Growth

ICICI Prudential Floating Interest Fund A Growth is a debt fund. This fund was started on 2 August, 2004. The fund is managed by Ritesh Lunawat, Darshil Dedhia. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Floating Interest Fund A Growth has ₹7439 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

ICICI Prudential Floating Interest Fund A Growth has given a CAGR return of 7.25% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.57%, 6.83% and 7.42% respectively.

Holdings

ICICI Prudential Floating Interest Fund A Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Goi Floating Rate Bond 2033, 6.48% Gs 2035, LIC Housing Finance Ltd, Tata Capital Limited, Rec Limited

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of ICICI Prudential Floating Interest Fund A Growth

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 A Growth has no lock in period.

Fund Manager

Ritesh Lunawat

Fund Manager of ICICI Prudential Floating Interest Fund A Growth, since 13 September 2024

Darshil Dedhia

Fund Manager of ICICI Prudential Floating Interest Fund A Growth, since 12 June 2023

Learn more about ICICI Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 7.4K Cr
₹ 7.2K Cr
₹ 7.4K Cr
  • AUM of the fund stands at 7.4K Cr as of Feb'26
  • AUM increased by 242.9 Cr between Feb'26 and Jan'26

Frequently Asked Questions for ICICI Prudential Floating Interest Fund A Growth

How do I invest in ICICI Prudential Floating Interest Fund A Growth?

INDmoney makes it simple to invest in the ICICI Prudential Floating Interest Fund A Growth. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘ICICI Prudential Floating Interest Fund A Growth’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of ICICI Prudential Floating Interest Fund A Growth?

The NAV of the fund today is ₹300.75. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

ICICI Prudential Floating Interest Fund A Growth fund has generated a return of 7.57% in 1 year, 6.83% in 3 years, 7.42% in 5 years.

Who is the fund manager of ICICI Prudential Floating Interest Fund A Growth?

The fund managers are Ritesh Lunawat, Darshil Dedhia.

What is the expense ratio of the fund?

The expense ratio is 0.94%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹7439 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of ICICI Prudential Floating Interest Fund A Growth?

The top 3 holdings of the fund are Goi Floating Rate Bond 2033(8.96%), 6.48% Gs 2035(6.58%), LIC Housing Finance Ltd(4.96%)