ICICI Prudential Floating Interest Fund - Growth - Regular Plan

Item: ICICI Prudential Floating Interest Fund - Growth - Regular Plan
Rating: 1
Author: PersonalFN

₹321.1025 0.03 %Nav, as on 03-12-2020
Previous Nav
₹ 321.0221
Net Change on 03-12-2020
₹0.08
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 10,964.63
Expense Ratio
1.31%
(As on Oct 31, 2020)

Fund Overview Growth | Regular Plan

Fund House
ICICI Prudential Mutual Fund
Launch Date
17-Nov-2005
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
500
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
250
Minimum SWP Investment (₹)
0
52 Week Low Nav (₹)
294.18
52 Week Low Nav Date
13-Dec-2019
52 Week High Nav (₹)
321.10
52 Week High Nav Date
03-Dec-2020

Fund Objective

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

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
ICICI Prudential Floating Interest Fund - Growth	9.88	7.64	9.00	7.91	7.94	8.06
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Low Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
ICICI Prudential Floating Interest Fund - Growth	Nov 17, 2005		9.00	7.91	7.94	1.31	10,964.63
HDFC Floating Rate Debt Fund - Wholesale Growth Option	Oct 23, 2007		8.93	8.15	8.13	0.48	14,534.46
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004		11.09	8.39	8.15	0.57	14,460.63
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009		8.50	8.17	8.26	0.39	7,159.83
Franklin India Floating Rate Fund - Growth Plan	Apr 23, 2001	Unrated	5.76	6.68	6.46	0.95	169.45

Fund Holdings as on 31-October-2020

Company % Assets
Government Securities
13.89
Government Securities
5.80
TREPS
4.15
Government Securities
3.84
EMBASSY OFFICE PARKS REIT **
3.22
Government Securities
2.89
Motherson Sumi Systems Ltd. **
2.76
State Bank Of India (Tier II - Basel III) **
2.48
Muthoot Finance Ltd. **
2.37
182 Days Treasury Bills
2.34
SRF Ltd. **
2.28
Vedanta Ltd. **
2.24
Government Securities
1.95
Government Securities
1.90
Government Securities
1.88
Power Finance Corporation Ltd. **
1.68
Government Securities
1.67
United Spirits Ltd. **
1.64
Godrej Industries Ltd. **
1.50
LIC Housing Finance Ltd.
1.47
Muthoot Finance Ltd. **
1.42
Godrej Properties Ltd. **
1.38
Reliance Industries Ltd. **
1.13
Net Current Assets
1.06
Tata Realty & Infrastructure Ltd. **
1.01
State Bank Of India (Additional Tier 1 - Basel III) **
0.97
Reliance Industries Ltd. **
0.95
Rural Electrification Corporation Ltd. **
0.95
Reliance Industries Ltd. **
0.95
Ultratech Cement Ltd. **
0.95
Tata Housing Development Company Ltd. **
0.93
Government Securities
0.93
Oberoi Realty Ltd. **
0.92
Adarsh Advisory Services Pvt. Ltd. **
0.90
Vedanta Ltd. **
0.90
Pipeline Infrastructure Pvt Ltd. **
0.89
Tata Motors Finance Ltd. **
0.87
Tata Motors Finance Solutions Pvt. Ltd. **
0.87
Sikka Ports & Terminals Ltd. **
0.76
Tata Capital Housing Finance Ltd. **
0.76
Reliance Industries Ltd. **
0.76
TMF Holdings Ltd. **
0.74
Britannia Industries Ltd. **
0.73
Sikka Ports & Terminals Ltd. **
0.71
State Bank Of India (Additional Tier 1 - Basel III) **
0.71
State Bank Of India (Additional Tier 1 - Basel III) **
0.70
State Bank Of India (Additional Tier 1 - Basel III) **
0.68
IndusInd Bank Ltd. **
0.68
IDFC First Bank Ltd. **
0.61
ICICI Bank Ltd. (Additional Tier 1 - Basel III) **
0.61
Tata Power Company Ltd. **
0.58
Sansar Trust November 2018 A1 (Originator is Shriram Transport Finance Company Ltd.) **
0.55
TMF Holdings Ltd. **
0.52
Grasim Industries Ltd. **
0.49
Coastal Gujarat Power Ltd. **
0.49
LIC Housing Finance Ltd. **
0.48
Bharti Telecom Ltd. **
0.48
ICICI Bank Ltd. (Additional Tier 1 - Basel III) **
0.48
NABHA Power Ltd. **
0.47
NABHA Power Ltd. **
0.47
Rural Electrification Corporation Ltd.
0.47
Silica Ceramica Pvt. Ltd. **
0.46
182 Days Treasury Bills
0.45
IDFC First Bank Ltd. **
0.45
Reliance Industries Ltd. **
0.45
Vedanta Ltd. **
0.44
Oberoi Realty Ltd. **
0.37
Export-Import Bank Of India (Additional Tier 1 - Basel III) **
0.33
Reliance Industries Ltd. **
0.24
Government Securities
0.24
HDFC Bank Ltd. (Additional Tier 1 - Basel III) **
0.24
State Bank Of India (Tier II - Basel III) **
0.23
SBM Bank (India) Ltd. **
0.23
SBM Bank (India) Ltd. **
0.22
Fullerton India Credit Company Ltd. **
0.18
Grasim Industries Ltd. **
0.14
Reliable Devices Trust 09 **
0.13
Reliable Devices Trust 08 **
0.13
Reliable Devices Trust 10 **
0.13
Reliable Devices Trust 12 **
0.13
Reliable Devices Trust 11 **
0.12
NTPC Ltd. **
0.07
Government Securities
0.05
NABARD **
0.05
Power Finance Corporation Ltd. **
0.05
Cholamandalam Investment And Finance Company Ltd. **
0.05
Bajaj Finance Ltd. **
0.05
Haldiram Snacks Pvt. Ltd. **
0.03
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 19 **
0.03
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 7 **
0.03
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 11 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 14 **
0.02
Sundaram Finance Ltd. **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 15 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 16 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 17 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 18 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 20 **
0.02
State Government of Rajasthan
0.02
HDFC Ltd. **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 4 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 5 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 6 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 8 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 9 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 10 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 12 **
0.02
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 13 **
0.02
NTPC Ltd. **
0.01
LIC Housing Finance Ltd. **
0.01
State Government of Rajasthan
0.00

Sector Holding%
Miscellaneous
51.35

Fund Manager

Rahul Goswami

Education:B.Sc, MBA
Experience:17 years
Basic Details:Mr. Rahul Goswami has an overall work experience of around over 17 years. In his previous role with Standard Chartered Bank, he was a Senior Rates Trader & Head of Primary Dealership Desk. Besides Standard Chartered Bank he has worked with various other organizations like Franklin Templeton, UTI Bank, SMIFS Securities, Khandwala Finance Ltd and RR Financial Consultants.
Funds Managed:
ICICI Prudential Banking & PSU Debt Fund
ICICI Prudential Constant Maturity Gilt Fund
ICICI Prudential Corporate Bond Fund
ICICI Prudential Floating Interest Fund
ICICI Prudential Gilt Fund
ICICI Prudential Liquid Fund
ICICI Prudential Money Market Fund
ICICI Prudential Overnight Fund
ICICI Prudential Overnight Fund
ICICI Prudential Savings Fund

Nikhil Kabra

Holding Type Holding %
BWR A(CE)
0.90
CARE AA
0.93
CARE AA(CE)
0.49
CARE AA+
1.29
CARE AA-
0.87
CARE AAA
0.18
Cash
5.21
CRISIL A1+
3.58
CRISIL AA
3.87
CRISIL AA+
8.03
CRISIL AA-
4.84
CRISIL AAA
19.52
CRISIL AAA(SO)
0.36
FITCH AA
0.58
FITCH AA+
0.05
FITCH AAA
2.81
ICRA A-(CE)
0.46
ICRA A1+
0.45
ICRA AA
4.45
ICRA AA+
1.09
ICRA AAA
0.02
ICRA AAA(CE)
0.94
ICRA AAA(SO)
1.19
SOV
37.85

About ICICI Prudential Floating Interest Fund

Scheme Analysis

ICICI Prudential Floating Interest Fund is a Debt - Floater Fund fund and belongs to ICICI Prudential Mutual Fund. It was launched on 17-Nov-2005 and currently has an AUM of ₹10,964.63 crore. ICICI Prudential Floating Interest Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Low Duration Debt Index as secondary index.

The NAV of ICICI Prudential Floating Interest Fund ended up ₹0.08(0.03%)yesterday to ₹321.1025.

Among its top 3 holdings the fund has exposure to Government Securities, and

The ICICI Prudential Floating Interest Fund is managed by Rahul Goswami and Nikhil Kabra.

Fund House Contact

Address:

One BKC, A - Wing 13th Floor, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051

Phone Number: +91 (22) 2652 5000

Email Address: enquiry@icicipruamc.com

Fax Number: +91 (22) 2652 8100

Website: www.icicipruamc.com

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