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ICICI Prudential Floating Interest Fund - Daily IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 60/100 · Average
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)-0.13%
- Expense ratio (20%)0.3%
- AUM (15%)₹8,011 Cr
Not investment advice — an analytical read of public fund data. Methodology →
ICICI Prudential Mutual Fund · Income/Debt Oriented · Floating Interest Rates Fund
₹100.76
AUM: ₹8,010 Cr
NAV updated 27 days ago
Plan
Direct
Option
Idcw
Risk
Moderate
Expense Ratio
0.3%
Exit Load
Nil
Fund Manager
Rahul Goswami, Nikhil Kabra
Inception
Jan 2013
Benchmark
NIFTY Short Duration Debt Index A-II
Sharpe Ratio
-9.08
Std Dev (1Y)
0.83%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.12%
3m
-0.04%
6m
-0.12%
1y
-1.08%
3y
-0.13%
5y
-0.25%
10y
-0.04%
since inception
+11.98%
TopFund's Take on ICICI Prudential Floating Interest Fund - Daily IDCW
ICICI Prudential Floating Interest Fund - Daily IDCW sits in the middle of the pack for Floating Interest Rates Fund funds, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 60/100.
Cost: At 0.3%, the expense ratio runs 100% above the Floating Interest Rates Fund category average of 0.15%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -9.08 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.83% is on the lower side for a Floating Interest Rates Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
Tools & Guides for This Fund
Frequently Asked Questions about ICICI Prudential Floating Interest Fund - Daily IDCW
The current NAV (Net Asset Value) of ICICI Prudential Floating Interest Fund - Daily IDCW is ₹100.76. NAV is updated every business day after market close by AMFI.
1Y: -1.08% · 3Y CAGR: -0.13% · 5Y CAGR: -0.25%
The expense ratio of ICICI Prudential Floating Interest Fund - Daily IDCW is 0.3% per annum. This is the annual fee charged by the fund to manage your investment.
ICICI Prudential Floating Interest Fund - Daily IDCW is managed by Rahul Goswami, Nikhil Kabra at ICICI Prudential Mutual Fund.
ICICI Prudential Floating Interest Fund - Daily IDCW is classified as a Moderate risk fund. It is suitable for investors with a moderate risk appetite.
ICICI Prudential Floating Interest Fund - Daily IDCW is a Floating Interest Rates Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in ICICI Prudential Floating Interest Fund - Daily IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of ICICI Prudential Floating Interest Fund - Daily IDCW is ₹8,011 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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