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Unrated

ICICI Prudential Floating Interest Fund - Direct Plan

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Debt: Floater

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1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"This is a fund that invests mainly in bonds whose rate of interest keeps changing with the prevailing interest rates in the economy. Given their investment mandate, such funds are usually less volatile in response to changing interest rates.

They can be a viable option for the fixed-income allocation in your portfolio. However, we believe that retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.

If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.07 0.00 0.15 0.01 0.12 2.06 4.31 7.84 7.65 8.19 --
CCIL T Bill Liquidity Weight 0.09 -0.01 0.05 0.17 0.49 1.04 2.08 3.11 3.50 3.91 --
Debt: Floater 0.15 0.01 0.14 0.18 0.59 2.00 4.25 7.30 7.20 7.68 --
Rank within category 11 9 4 11 12 4 4 2 1 1 --
Number of funds in category 12 12 12 12 12 11 8 6 5 5 0

As on 17-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Floating Interest Fund - Direct Plan  | Invest Now
Unrated
 Jan-13 4.31 7.84 7.65 0.59% 14,143
HDFC Floating Rate Debt Fund - Direct Plan  | Invest Online
Unrated
 Jan-13 4.44 7.37 7.27 0.23% 23,584
Nippon India Floating Rate Fund - Direct Plan  | Invest Online
Unrated
 Jan-13 4.49 8.24 7.47 0.26% 18,947
Aditya Birla Sun Life Floating Rate Fund - Direct Plan  | Invest Online
Unrated
 Jan-13 4.15 7.04 7.17 0.23% 16,500
Kotak Floating Rate Fund - Direct Plan  | Invest Online
Unrated
 May-19 4.85 -- -- 0.22% 8,429

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.86 24-Mar-2020 - 31-Mar-2020 -1.20 12-Mar-2020 - 19-Mar-2020
Month 2.23 12-Jun-2020 - 13-Jul-2020 -1.70 25-Feb-2020 - 26-Mar-2020
Quarter 4.70 26-Mar-2020 - 25-Jun-2020 -0.07 11-Oct-2021 - 10-Jan-2022
Year 10.99 24-Mar-2020 - 25-Mar-2021 4.19 08-Jan-2021 - 10-Jan-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.73 1.54 2.60 4.29 0.35 4.21
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Floater 7.18 1.31 2.66 4.78 1.08 4.10
Rank within category 2 5 3 6 1 3
Number of funds in category 6 6 6 6 6 6

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 106 120 81 85
Modified Duration (yrs) 1.48 1.57 0.54 1.22
Average Maturity (yrs) 7.74 7.74 3.07 2.80
Yield to Maturity (%) 5.40 5.66 5.00 4.89
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 14.37 - 40.88 40.09
down 6.10% GOI 2031 GOI Securities SOV 0.00 - 8.62 8.62
down 6.51% GOI 2024 GOI Securities SOV 4.57 - 5.67 5.43
equal GOI 2028 GOI Securities SOV 0.00 - 3.17 3.17
up 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 2.68 2.68
equal GOI 2031 GOI Securities SOV 1.57 - 2.42 2.42
equal 6.65% Motherson Sumi Systems 14/09/2023 Non Convertible Debenture AAA 2.04 - 2.51 2.15
equal 7.99% State Bank of India Additional Tier 2 Bond AAA 1.74 - 2.19 1.85
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 2.07 1.79
equal SRF 16/09/2022 Non Convertible Debenture AA+ 1.66 - 2.06 1.76
equal 6.43% Godrej Industries 26/04/2024 Non Convertible Debenture AA 1.11 - 1.36 1.18
equal 7.50% Godrej Properties 31/07/2023 Zero Coupon Bonds AA 1.02 - 1.25 1.09
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.36 - 1.08 1.08
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 1.01 - 1.24 1.07
equal 6.25% Embassy Office Parks REIT 18/10/2024 Debenture AAA 0.00 - 1.06 1.06
equal Tata Teleservices 364-D 11/03/2022 Commercial Paper A1+ 0.00 - 1.19 1.05
equal 8.76% TMF Holdings Non Convertible Debenture AA- 0.40 - 0.68 1.02
equal Tata Capital Financial Services 2024 Non Convertible Debenture AAA 0.00 - 1.16 1.00
equal 7.73% State Bank of India Additional Tier 1 Bond AA+ 0.88 - 1.09 0.94
equal Tata Realty and Infrastructure 18/11/2022 Zero Coupon Bonds AA 0.79 - 0.95 0.85
equal 9.37% State Bank of India Additional Tier 1 Bond AA+ 0.70 - 0.86 0.75
equal Reliance Industries 21/09/2023 Debenture AAA 0.70 - 0.86 0.73
equal Reliance Industries 17/04/2023 Non Convertible Debenture AAA 0.68 - 0.86 0.72
equal 9.56% State Bank of India Additional Tier 1 Bond AA+ 0.67 - 0.83 0.71
equal Edelweiss Finance & Investment 91-D 21/02/2022 Commercial Paper A1+ 0.00 - 0.70 0.70

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Nikhil Kabra since 03-Aug-2016

Education: Mr. Kabra is a B.Com and Chartered Accountant.

Experience: Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.

Funds Managed:

— Rahul Goswami since 01-Jan-2013

Education: Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)

Experience: Prior to joining ICICI Prudential AMC he has worked with UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.

Funds Managed:

Invest Now
0.00%

Change from previous, NAV as on 17-Jan-2022

Growth: ₹ 358.6093

IDCW Weekly: ₹ 101.9203

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IDCW Quarterly: ₹ 105.8875

IDCW Others: ₹ 159.6092

IDCW Monthly: ₹ 101.9513

IDCW Fortnightly: ₹ 101.9429

IDCW Daily: ₹ 100.5288

Investment Strategy

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

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.56%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 14,143 Cr (As on 31-Dec-2021)
Expense: 0.59% (As on 31-Dec-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily17-Jan-20220.0399

 14-Jan-20220.0128
 13-Jan-20220.0516
 12-Jan-20220.0556
 11-Jan-20220.0645
 06-Jan-20220.0136
 05-Jan-20220.0710
 31-Dec-20210.0106
 29-Dec-20210.0341
 27-Dec-20210.1812
 16-Dec-20210.0122
 14-Dec-20210.0199
 13-Dec-20210.0845
 08-Dec-20210.0189
 06-Dec-20210.0602
 02-Dec-20210.0150
 30-Nov-20210.0402
 26-Nov-20210.0158
 25-Nov-20210.0481
 22-Nov-20210.0562
 18-Nov-20210.0039
 17-Nov-20210.0247
 15-Nov-20210.0548
 11-Nov-20210.0347
 09-Nov-20210.0186
IDCW Quarterly23-Dec-20210.5740

 23-Sep-20212.0164
 24-Jun-20211.4144
 25-Mar-20210.2323
 28-Dec-20202.7394
 21-Sep-20202.3162
 26-Jun-20204.5639
 26-Mar-20200.1570
 26-Dec-20191.7110
 27-Sep-20191.7391
 27-Jun-20191.5121
 28-Mar-20191.4848
 28-Dec-20181.4805
 27-Sep-20181.3073
 27-Jun-20180.8749
 27-Mar-20181.2878
 27-Dec-20170.9415
 27-Sep-20171.3340
 30-Jun-20171.4205
 31-Mar-20171.5750
 29-Dec-20161.4706
 29-Sep-20161.8903
 29-Jun-20161.6884
 29-Mar-20161.5534
 29-Dec-20151.5138
IDCW Fortnightly30-Nov-20210.0714

 15-Nov-20210.1251
 14-Oct-20210.1261
 30-Sep-20210.2347
 15-Sep-20210.2116
 30-Aug-20210.3864
 13-Aug-20210.5361
 30-Jul-20210.4220
 15-Jul-20210.2305
 30-Jun-20210.2350
 15-Jun-20210.4262
 28-May-20210.4524
 14-May-20210.3017
 30-Apr-20210.2365
 30-Mar-20210.0823
 26-Feb-20210.0303
 15-Feb-20210.1025
 29-Jan-20210.0690
 15-Jan-20210.2883
 30-Dec-20200.4604
 15-Dec-20200.3845
 27-Nov-20200.4808
 17-Nov-20200.4266
 29-Oct-20200.1934
 15-Oct-20200.7607
IDCW Monthly30-Nov-20210.2516

 29-Oct-20210.0714
 30-Sep-20210.4345
 31-Aug-20210.8407
 30-Jul-20210.6529
 30-Jun-20210.6707
 31-May-20210.7465
 30-Apr-20210.3188
 26-Feb-20210.1327
 29-Jan-20210.3573
 30-Dec-20200.8049
 27-Nov-20200.9083
 29-Oct-20200.9548
 30-Sep-20200.7529
 28-Aug-20200.4919
 30-Jul-20200.8500
 30-Jun-20201.3975
 29-May-20201.6812
 30-Mar-20200.0092
 27-Feb-20200.6229
 30-Jan-20200.5803
 30-Dec-20190.3734
 28-Nov-20190.6487
 29-Oct-20190.7972
 27-Sep-20190.3751
IDCW Weekly22-Nov-20210.0894

 15-Nov-20210.0226
 25-Oct-20210.0611
 18-Oct-20210.0083
 11-Oct-20210.0964
 04-Oct-20210.1900
 27-Sep-20210.0301
 20-Sep-20210.1266
 13-Sep-20210.0778
 06-Sep-20210.0841
 30-Aug-20210.1522
 23-Aug-20210.1618
 17-Aug-20210.2499
 09-Aug-20210.2497
 02-Aug-20210.2154
 26-Jul-20210.1754
 19-Jul-20210.2208
 12-Jul-20210.0451
 05-Jul-20210.0544
 28-Jun-20210.2242
 21-Jun-20210.0252
 14-Jun-20210.2001
 07-Jun-20210.2727
 31-May-20210.0804
 24-May-20210.2136
IDCW Others24-Mar-202116.3114

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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