ICICI Prudential Floating Interest Fund - Growth - Regular Plan

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

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₹399.2578 (-0.01%)Nav, as on 17-09-2024
Previous Nav
₹ 399.3022
Net Change on 17-09-2024
₹-0.04
PersonalFN Rating
Category
Debt - Floater Fund
Assets (Cr.)
₹ 8,965.52
Expense Ratio
1.19%
(As on Aug 31, 2024)

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 (₹)
371.34
52 Week Low Nav Date
10-Oct-2023
52 Week High Nav (₹)
399.30
52 Week High Nav Date
16-Sep-2024

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	6.25	8.61	7.42	5.99	6.69	7.62
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY 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		7.42	5.99	6.69	1.19	8,965.52
HDFC Floating Rate Debt Fund - Growth Option	Oct 23, 2007		7.85	6.31	6.74	0.49	15,209.67
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth	Mar 25, 2009		7.51	6.18	6.44	0.44	12,671.53
Nippon India Floating Rate Fund - Growth Plan-Growth Option	Sep 02, 2004	Unrated	7.71	5.81	6.79	0.60	7,708.05
KOTAK FLOATING RATE FUND-REGULAR PLAN-GROWTH OPTION	May 14, 2019	Unrated	7.70	5.72	6.63	0.62	4,086.92
UTI - Floater Fund - Regular Plan - Growth Option	Oct 30, 2018	Unrated	6.83	5.34	5.57	0.85	1,361.81

Fund Holdings as on 31-August-2024

Company % Assets
Government Securities
41.66
Government Securities
10.99
LIC Housing Finance Ltd. **
4.08
Net Current Assets
3.49
Muthoot Finance Ltd. **
2.79
Bharti Telecom Ltd. **
2.24
Punjab National Bank **
1.89
Tata Housing Development Company Ltd. **
1.67
TREPS
1.20
Bharti Telecom Ltd. **
1.17
Sansar Trust June 2024 A1 **
1.12
Motilal oswal finvest Ltd **
1.12
Data Infrastructure Trust **
1.11
Narayana Hrudayalaya Ltd. **
1.11
Aditya Birla Finance Ltd. **
1.11
Small Industries Development Bank Of India.
1.11
360 One Prime Ltd. **
1.11
Government Securities
1.10
Pipeline Infrastructure Pvt Ltd. **
0.99
Motilal oswal finvest Ltd **
0.84
Muthoot Finance Ltd. **
0.84
Bajaj Finance Ltd. **
0.84
JM Financial Credit Solution Ltd. **
0.83
Nirma Ltd. **
0.56
Godrej Industries Ltd. **
0.56
Manappuram Finance Ltd. **
0.56
Bharti Telecom Ltd. **
0.56
Manappuram Finance Ltd. **
0.56
Data Infrastructure Trust **
0.56
IGH Holdings Pvt Ltd. **
0.54
Kotak Mahindra Bank Ltd. **
0.53
DME Development Ltd. **
0.52
DME Development Ltd. **
0.50
DME Development Ltd. **
0.50
DME Development Ltd. **
0.50
DME Development Ltd. **
0.49
DME Development Ltd. **
0.49
DME Development Ltd. **
0.49
DME Development Ltd. **
0.49
DME Development Ltd. **
0.49
DME Development Ltd. **
0.48
Torrent Power Ltd. **
0.46
Tata Capital Housing Finance Ltd. **
0.45
Sheela Foam Ltd. **
0.39
Sheela Foam Ltd. **
0.39
Sheela Foam Ltd. **
0.39
Sheela Foam Ltd. **
0.39
Jodhpur Wind Farms Pvt. Ltd. **
0.39
Jodhpur Wind Farms Pvt. Ltd. **
0.38
Corporate Debt Market Development Fund (Class A2)
0.34
Torrent Power Ltd. **
0.32
Eris Lifesciences Ltd. **
0.28
Eris Lifesciences Ltd. **
0.28
LIC Housing Finance Ltd. **
0.28
Muthoot Finance Ltd. **
0.28
Bank Of Baroda **
0.27
Tata Capital Housing Finance Ltd.
0.22
State Government of Uttar Pradesh
0.22
State Government of Rajasthan
0.11
State Government of West Bengal
0.11
State Government of West Bengal
0.08
State Government of Maharashtra
0.06
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 19 **
0.04
Torrent Power Ltd. **
0.03
FIRST BUSINESS RECEIVABLES TRUST - TRANCHE 20 **
0.03
LIC Housing Finance Ltd. **
0.01
State Government of Uttar Pradesh
0.00
Government Securities
0.00

Sector Holding%
Miscellaneous
54.33

Fund Manager

Ritesh Lunawat

Darshil Dedhia

Holding Type Holding %
CARE AA
1.67
Cash
4.69
CRISIL A1+
4.07
CRISIL AA
3.08
CRISIL AA+
8.69
CRISIL AA+(CE)
0.77
CRISIL AAA
13.49
CRISIL AAA(SO)
1.19
FITCH A1+
0.27
FITCH AA
1.56
FITCH AA-
0.56
ICRA AA
4.17
ICRA AAA
1.11
Sov
54.33
Unrated
0.34

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 ₹8,965.52 crore. ICICI Prudential Floating Interest Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Low Duration Debt Index as secondary index.

The NAV of ICICI Prudential Floating Interest Fund ended down ₹-0.04(-0.01%)yesterday to ₹399.2578.

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

The ICICI Prudential Floating Interest Fund is managed by Ritesh Lunawat and Darshil Dedhia.

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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