Home Mutual FundsICICI Prudential Floating Interest Fund Fortnightly Dividend Reinvestment

Overview (as on 30 Sep 2020)

NAV

₹102.2254

1y returns

7.157%

Fund AUM

₹8,837 Cr

Expense Ratio

1.31%

Fund Performance

Calculator

Monthly SIP

Lumpsum

I would like to invest

For Time Period

5 years

Total investment

₹0

Pre-Tax

Post-Tax

ICICI Prudential Floating Interest Fund Fortnightly Dividend Reinvestment

₹0

5.47% projected returns

HDFC Floating Rate Debt Wholesale Plan Daily Dividend Reinvestment

₹0

5.53% projected returns

Nippon India Floating Rate Fund Daily Dividend Reinvestment

₹0

4.96% projected returns

Aditya Birla Sun Life Floating Rate Fund Regular Plan Daily Dividend Reinvestment

₹0

4.29% projected returns

UTI Floater Regular Half Yearly Dividend reinvestment

₹0

4.24% projected returns

Kotak Floating Rate Fund Regular Monthly Dividend Reinvestment

₹0

5.34% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Corporate

54.73%

Government

32.33%

Cash Equivalent

12.52%

Securitized

0.42%

Debt Credit Ratings

AAA

68.82%

29.33%

1.86%

Key Metrics

Modified Duration

1.37 yr

Average Maturity

1.86 yr

Yield to Maturity

5.75%

Top 10 Holdings

All

Equity

Debt & Cash

Holding Name
Type
Holding Percentage
Treps
Low Risk
Cash
10.51%
5.09% Govt Stock 2022
SOV
Debt
7.18%
5.22% GOI 2025
SOV
Debt
5.26%
Embassy Office Parks Reit
CRISIL AAA | Low Risk
Debt
3.93%
7.80% GOI Floating Rate Bonds 2020
SOV
Debt
3.46%

State Bank of India
CRISIL AAA | Low Risk
Debt
3.05%
6.79% Govt Stock 2027
SOV
Debt
2.99%
Muthoot Finance Limited
CRISIL AA | Low Risk
Debt
2.93%
Vedanta Limited
CRISIL AA | Low Risk
Debt
2.77%
6.17% Govt Stock 2021
SOV
Debt
2.43%

Fund Details

Investment Objectives

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.

Scheme Name

ICICI Prudential Floating Interest Fund Fortnightly Dividend Reinvestment

Scheme Document

Click Here

Exit Load

After 0 Years : 0%

Plan Started

18 November, 2005

Fund Manager

Nikhil Kabra

Fund House Details

Fund House

ICICI Prudential Asset Management Company Limited

Phone

Address

ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)

Other Related Plans

Fund Name	Plan Type	Expense Ratio	1yr Returns
ICICI Prudential Floating Interest Fund Direct Plan Growth	Direct	0.59%	9.97%
ICICI Prudential Floating Interest Fund Direct Plan Dividend Reinvestment Others	Direct	0.59%	9.97%
ICICI Prudential Floating Interest Fund Direct Plan Daily Dividend Reinvestment	Direct	0.59%	6.60%
ICICI Prudential Floating Interest Fund Direct Plan Monthly Dividend Reinvestment	Direct	0.59%	8.11%
ICICI Prudential Floating Interest Fund Direct Plan Quarterly Dividend Reinvestment	Direct	0.59%	6.65%
ICICI Prudential Floating Interest Fund Direct Plan Fortnightly Dividend Reinvestment	Direct	0.59%	7.74%
ICICI Prudential Floating Interest Fund Direct Plan Weekly Dividend Reinvestment	Direct	0.59%	7.62%
ICICI Prudential Floating Interest Fund Direct Plan Dividend Payout Others	Direct	0.59%	9.97%
ICICI Prudential Floating Interest Fund Direct Plan Monthly Dividend Payout	Direct	0.59%	8.11%
ICICI Prudential Floating Interest Fund Direct Plan Quarterly Dividend Payout	Direct	0.59%	6.65%
ICICI Prudential Floating Interest Fund Direct Plan Fortnightly Dividend Payout	Direct	0.59%	7.74%
ICICI Prudential Floating Interest Fund Direct Plan Weekly Dividend Payout	Direct	0.59%	7.62%
ICICI Prudential Floating Interest Fund Growth	Regular	1.31%	9.17%
ICICI Prudential Floating Interest Fund Annual Dividend Reinvestment	Regular	1.31%	9.17%
ICICI Prudential Floating Interest Fund Daily Dividend Reinvestment	Regular	1.31%	6.05%
ICICI Prudential Floating Interest Fund Monthly Dividend Reinvestment	Regular	1.31%	7.48%
ICICI Prudential Floating Interest Fund Quarterly Dividend Reinvestment	Regular	1.31%	6.16%
ICICI Prudential Floating Interest Fund Weekly Dividend Reinvestment	Regular	1.31%	7.07%
ICICI Prudential Floating Interest Fund Annual Dividend Payout	Regular	1.31%	9.17%
ICICI Prudential Floating Interest Fund Monthly Dividend Payout	Regular	1.31%	7.48%
ICICI Prudential Floating Interest Fund Quarterly Dividend Payout	Regular	1.31%	6.16%
ICICI Prudential Floating Interest Fund Fortnightly Dividend Payout	Regular	1.31%	7.16%
ICICI Prudential Floating Interest Fund Weekly Dividend Payout	Regular	1.31%	7.07%

Peer Funds

Nippon India Floating Rate Fund Daily Dividend Reinvestment

DebtFloating RateRegularModerately Low risk

1 yr returns

9.21%

AUM

₹12,158 Cr

Expense Ratio

0.57%

HDFC Floating Rate Debt Wholesale Plan Daily Dividend Reinvestment

DebtFloating RateRegularModerately Low risk

1 yr returns

7.43%

AUM

₹10,681 Cr

Expense Ratio

0.48%

Aditya Birla Sun Life Floating Rate Fund Regular Plan Daily Dividend Reinvestment

DebtFloating RateRegularModerately Low risk

1 yr returns

6.55%

AUM

₹6,886 Cr

Expense Ratio

0.36%

UTI Floater Regular Half Yearly Dividend reinvestment

DebtFloating RateRegularModerately Low risk

1 yr returns

4.57%

AUM

₹1,921 Cr

Expense Ratio

1.27%

Kotak Floating Rate Fund Regular Monthly Dividend Reinvestment

DebtFloating RateRegularModerately Low risk

1 yr returns

8.22%

AUM

₹647 Cr

Expense Ratio

0.63%

ICICI Prudential Floating Interest Fund Fortnig...

NAV

₹102.2254

Name: ICICI Prudential Floating Interest Fund Fortnightly Dividend Reinvestment
Brand: ICICI Prudential Asset Management Company Limited
SKU: F00000Z8AB
Price: 102.2254 INR
Availability: InStock
Rating: 2 (5 reviews)

INDmoney Analysis

Return Score

Excellent

Fund is in Top 20 percent in its Category

Return score is based upon:

Benchmark out performance

Consistency of returns

Indicative yields

Risk Score

Below Average

Fund is in Bottom 50 percent in its Category

Risk score is based upon:

Market sensitivity

Credit risk

Underlying maturity

Credit Quality

High

Fund has high quality bonds and commercial papers

Credit Quality is based upon:

Long term credit rating

Credit rating outlook

Probability of default

Interest Rate Sensitivity

Medium

Based on credit rating and modified duration of underlying instruments

Fund Managers

Nikhil Kabra

Manager

Rahul Goswami

Manager

Qualifications

BSc. (Maths), MBA (Finance)

Work Experience

Chief Investment Officer-Fixed Income.\nOverall 17 years of experience in Debt Markets including 7 years in Fund Management.

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