ICICI Prudential Floating Interest Fund Direct Plan -Growth

Q: What are the returns of ICICI Prudential Floating Interest Fund?

The ICICI Prudential Floating Interest Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.34% since inception. ICICI Prudential Floating Interest Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.03% 8.21% 7.64% 8.03% 8.34%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹457.5649+0.04% 1 day change	8.34% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹457.5649 as on Apr 23, 2025

This fund Category average

ICICI Prudential Floating Interest Fund overview

VRO rating	2
Expense ratio	0.55% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹6,964 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	NIFTY Low Duration Debt Index A-I
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

ICICI Prudential Floating Interest Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	1.39%	1.73%
3 months	2.68%	3.11%
6 months	4.44%	4.89%
1 year	9.03%	9.73%
3 years	8.21%	7.81%
5 years	7.64%	7.13%
7 years	7.78%	7.46%
10 years	8.03%	7.6%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 34.93545609%

AAA 33.15853453%

AA 16.41246716%

AA+ 14.37862127%

Top Debt Holdings

GOI 9.01%

DME Development Ltd. 6.33%

National Bank For Agriculture & Rural Development 5.98%

LIC Housing Finance Ltd. 5.28%

Allocation by Instruments

Debenture 26.31914322%

GOI Securities Floating Rate Bond 25.91691188%

Non Convertible Debenture 18.925873659999997%

Cash Margin 15.077811%

Other Holdings

Others 15.08%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
ICICI Prudential Floating Interest Fund	N.A.	₹6,964 Crs	12 yrs 3 m	0.55%
Franklin India Floating Rate Fund	N.A.	₹314 Crs	12 yrs 3 m	0.28%
UTI Floater Fund	N.A.	₹1,385 Crs	6 yrs 6 m	0.45%
HDFC Floating Rate Debt Fund	N.A.	₹14,724 Crs	12 yrs 3 m	0.26%
Aditya Birla Sun Life Floating Rate Fund	N.A.	₹13,275 Crs	12 yrs 3 m	0.22%

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Floating Interest Fund	1.39%	4.44%	9.03%	8.21%	7.64%	8.03%
Franklin India Floating Rate Fund	2.19%	5.39%	10.24%	8.3%	7.01%	7.05%
UTI Floater Fund	1.29%	4.25%	8.11%	7.08%	6.34%	4.45%
HDFC Floating Rate Debt Fund	1.49%	4.63%	9.21%	7.83%	7.22%	7.64%
Aditya Birla Sun Life Floating Rate Fund	1.3%	4.37%	8.62%	7.5%	6.86%	7.63%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Floating Interest Fund	1.12	1.08	1.3	1.6
Franklin India Floating Rate Fund	0.74	1.42	1.84	2.15
UTI Floater Fund	0.56	1.19	0.8	0.91
HDFC Floating Rate Debt Fund	0.76	1.3	1.42	1.35
Aditya Birla Sun Life Floating Rate Fund	0.59	1.22	1.47	1.55

View all Floater funds

Key risk & return ratios Compared to other funds in the category

Alpha	3.69 vs. 4.1 Underperformed at beating benchmark
Sharpe	1.3 vs. 4.82 Poor risk-adjusted returns
Beta	1.08 vs. 1.4 Less sensitive to market ups & downs
Standard deviation	1.12 vs. 0.93 More volatile performance

Compare ICICI Prudential Floating Interest Fund in detail with

About this fund

About ICICI Prudential Floating Interest Fund

ICICI Prudential Floating Interest Fund Direct Plan -Growth is a Floater mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. ICICI Prudential Floating Interest Fund Direct Plan -Growth has ₹6,964 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Floating Interest Fund Direct Plan -Growth as of 23/04/2025 is ₹457.56. The fund has an expense ratio of 0.55%, which is higher than what most other Floater funds charge.

ICICI Prudential Floating Interest Fund Direct Plan -Growth returns of last 1-year are 9.12%. Since launch, it has delivered 8.34% average annual returns. The fund has doubled the money invested in it every 10 yrs.
ICICI Prudential Floating Interest Fund Direct Plan -Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is moderate indicating it has lent to borrowers whose quality is good. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, DME Development Ltd., National Bank For Agriculture & Rural Development, LIC Housing Finance Ltd., Muthoot Finance Ltd..

...

Fund AUM	₹6,964 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Darshil Dedhia

Mr. Dedhia has done CA and CFA. He has been working with ICICI Prudential Mutual Fund since 2013.

Ritesh Lunawat

Mr. Lunawat is B.Com and Chartered Accountant. He has been Working with ICICI Prudential AMC Since September 2013.

Investment objective

The scheme seeks to generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.

ICICI Prudential Mutual Fund details

No. of schemes	98 view all schemes
Total AUM	₹9,14,878 Crs as on Mar 31, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
ICICI Prudential Gilt Fund	N.A.	₹7,133 Crs	11.69%	8.98%
ICICI Prudential Long Term Bond Fund	N.A.	₹1,078 Crs	13.28%	8.9%
ICICI Prudential All Seasons Bond Fund	N.A.	₹14,363 Crs	11.24%	8.81%
ICICI Prudential Bond Fund	N.A.	₹2,816 Crs	11.73%	8.59%
ICICI Prudential Constant Maturity Gilt Fund	N.A.	₹2,537 Crs	12.87%	8.46%
ICICI Prudential Short Term Fund	N.A.	₹20,428 Crs	9.76%	8.27%

See all Debt funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the ICICI Prudential Floating Interest Fund - Direct Growth plan is approximately ₹457.5649 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The ICICI Prudential Floating Interest Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.34% since inception.

ICICI Prudential Floating Interest Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.03%	8.21%	7.64%	8.03%	8.34%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Floating Interest Fund - Direct Growth has an expense ratio of 0.55%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The ICICI Prudential Floating Interest Fund currently has assets under management (AUM) or fund size valued at approximately ₹6,964 Crs crore as of Mar 31, 2025.

To whom does ICICI Prudential Floating Interest Fund lend to?

The top 3 debt holdings of ICICI Prudential Floating Interest Fund are as follows

Holding Name	Percentage of Portfolio
GOI	9.01%
DME Development Ltd.	6.33%
National Bank For Agriculture & Rural Development	5.98%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The ICICI Prudential Floating Interest Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	34.93545609%
AAA	33.15853453%
AA	16.41246716%

What is risk level of ICICI Prudential Floating Interest Fund?

This is a Floater fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in ICICI Prudential Floating Interest Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ICICI Prudential Floating Interest Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in ICICI Prudential Floating Interest Fund is complete.

How can I redeem my investments in ICICI Prudential Floating Interest Fund?

Redeeming your investments in ICICI Prudential Floating Interest Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in ICICI Prudential Floating Interest Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Floater

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Chance: This fund has generated a 7.46% annual return in 70% of times for investors holding for at least 5 years.
Age: This is the 2nd oldest Floater fund.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.