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DEBT•FLOATER FUND

ICICI Prudential Floating Interest Fund

3 Year return

8.52%
479.7334
1D Returns
+103.8%
Launched on (0 years)

Investment Details

N/A
Minimum SIP Amount
SIP not allowed
N/A
Minimum one time investment
Lumpsum not allowed
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
14.31%₹515
Total Value ₹4,115

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹7,339.85 Cr.
Expense Ratio
N/A
Exit Load
No exit load

Ratings

ARQ Rating

Ratings by other agencies

Value Research
0
Crisil
0
Morning Star
0

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Franklin India Floating Rate Fund8.5805%
1.5
HDFC Floating Rate Debt Fund8.175%
4
Kotak Floating Rate Fund8.2937%
3

About ICICI Prudential Floating Interest Fund Direct Plan-Growth

The ICICI Prudential Floating Interest Fund Direct Plan-Growth is a specialised Floater mutual fund, managed by the reputed ICICI Prudential Mutual Fund. Structured as an open-ended low-duration debt scheme, its investments are strategically chosen to maintain a Macaulay duration ranging from 6 months to 12 months. Preserving capital, this fund offers investors a shield against volatile market fluctuations. This fund offers flexibility with no binding lock-in period.

Investment Objective of the Scheme

At the heart of the ICICI Prudential Floating Interest Fund, Direct Plan-Growth's strategy is its goal to generate consistent income. This is primarily achieved through investments in floating-rate instruments. The scheme, while pursuing yield, doesn't sideline the imperative of ensuring safety and liquidity. However, potential investors should be cognizant of the fact that, like all mutual funds, the scheme's objectives are subject to market risks and there is no absolute guarantee of achieving the set objectives.

Key Features of The Fund

5-year return
7.0577%
Expense Ratio
undefined%
Fund Manager
N/A
Fund Size
₹7339.85 Cr.
Risk Profile
Moderately Low

Is This Scheme Right for Me?

The fund is tailored for those who have a medium-term investment horizon, spanning from 1.5 to 3 years or longer. Ideally suited for individuals who are inclined towards less volatile assets, the fund stands as an intermediary choice between high-risk equity funds and ultra-safe fixed deposits. If you are someone who wishes to see your wealth grow over a longer duration and yet prioritise safety, this fund might align with your financial goals. However, talk to your financial advisor and do your own research before making a decision.

Ready to Invest? Start Your SIP Now!

Craft your ideal SIP plan effortlessly with our intuitive SIP return calculator, streamlining the process of initiating your SIP account. Enjoy a seamless account opening experience and embark on your investment journey with ease and assurance. With our support, you can navigate the complexities of investing with confidence, knowing that your financial goals are within reach.

FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of ICICI Prudential Floating Interest Fund on December 12, 2025, is ₹479.7334
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of ICICI Prudential Floating Interest Fund, is ₹7339.85 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of ICICI Prudential Floating Interest Fund is undefined%
The ICICI Prudential Floating Interest Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for ICICI Prudential Floating Interest Fund is ₹undefined.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

₹
₹4,115 in 3Y at 8.5199% returns
SIP Date1st of every month

Your next SIP Payment will be on 14 January 2026

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