ICICI Prudential Floating Interest Rates Fund
FloaterLow to ModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹456.51-0.13%1 day
- Return since launch
- 7.6%
- 52-week range
- ₹430.74 — ₹457.28
- AUM
- ₹9,119 Cr
ICICI Prudential Floating Interest Rates Fund is a Floater debt fund from ICICI Prudential Mutual Fund with ₹9,119 Cr under management, launched in 2005. Over three years it has returned 6.8% a year, against 7.2% for its category. The expense ratio is 0.84% and the SEBI riskometer reading is Low to Moderate.
Performance
ICICI Prudential Floating Interest Rates Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.0% against +5.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.7% | −0.1 pts | 5.8% | 5.5% |
| 2Y | 6.3% | 0.0 pts | 6.2% | 6.1% |
| 3Y | 6.8% | −0.4 pts | 7.2% | 6.7% |
| 5Y | 7.0% | +0.6 pts | 6.4% | 6.8% |
| 7Y | 6.7% | +0.2 pts | 6.6% | 6.5% |
| 10Y | 6.8% | 0.0 pts | 6.8% | 6.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.2% | 0.0 pts | 0.2% | 0.2% |
| 3M | 1.0% | −0.1 pts | 1.1% | 1.0% |
| 6M | 3.0% | −0.2 pts | 3.3% | 3.0% |
| 1Y | 6.0% | +0.2 pts | 5.8% | 5.6% |
| 2Y | 6.8% | +0.1 pts | 6.8% | 6.8% |
| 3Y | 7.1% | −0.1 pts | 7.2% | 7.1% |
| 5Y | 6.4% | 0.0 pts | 6.4% | 6.3% |
| 7Y | 6.8% | +0.3 pts | 6.5% | 6.4% |
| 10Y | 6.9% | +0.1 pts | 6.8% | 7.0% |
Since launch (17 Nov 2005): 7.6%
Calendar-year returns
Category average9.5%
3.8%
4.3%
7.7%
7.9%
7.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.7% | −0.3 pts | 8.0% |
| 2024 | 7.9% | −0.6 pts | 8.5% |
| 2023 | 7.7% | 0.0 pts | 7.7% |
| 2022 | 4.3% | −0.2 pts | 4.5% |
| 2021 | 3.8% | −0.3 pts | 4.1% |
| 2020 | 9.5% | −0.1 pts | 9.6% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.85%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.73%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.12%
- Exit load
- Exit load of 0.25% if redeemed within 3 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY SD Debt Index A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Low to Moderate
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.41 | 1.13 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 3.27 | 1.94 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.94 | 1.50 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
ICICI Prudential Floating Interest Rates Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt53.7%
- Other46.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | 5.37% | ₹490 Cr | +1.00% | +1.03% | +0.20% |
| Others | Others | 4.97% | ₹454 Cr | +2.31% | +2.33% | +2.22% |
| Power Finance Corporation Ltd. | Financial | 3.99% | ₹364 Cr | +1.31% | +2.71% | +1.24% |
| GOI | Sovereign | 3.96% | ₹361 Cr | +9.48% | +17.92% | +43.77% |
| LIC Housing Finance Ltd. | Financial | 3.73% | ₹340 Cr | +5.26% | +5.41% | +5.38% |
| Small Industries Devp. Bank of India Ltd. | Financial | 3.69% | ₹336 Cr | +6.28% | +3.79% | +2.67% |
| Bajaj Finance Ltd. | Financial | 2.99% | ₹273 Cr | — | — | — |
| Citi Corp Finance Ltd | Financial | 2.86% | ₹261 Cr | +3.45% | — | — |
| Tata Capital Financial Services Ltd. | Financial | 2.74% | ₹250 Cr | +3.29% | +3.40% | — |
| Bihar State | Others | 2.19% | ₹200 Cr | +2.60% | +2.71% | — |
| Axis Bank Ltd. | Financial | 2.14% | ₹195 Cr | +3.20% | +3.34% | — |
| Siddhivinayak Securitisation Trust | Others | 1.90% | ₹173 Cr | +2.29% | +2.39% | — |
| Shivshakti Securitisation Trust | Others | 1.89% | ₹172 Cr | +2.28% | +2.39% | — |
| Tamilnadu State | Others | 1.67% | ₹152 Cr | — | — | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.65% | ₹150 Cr | +3.31% | +3.41% | — |
| Jio Credit Ltd. | Financial | 1.63% | ₹148 Cr | +1.95% | +2.01% | — |
| ICICI Home Finance Company Ltd. | Financial | 1.53% | ₹140 Cr | +1.05% | +1.34% | +1.33% |
| Export-Import Bank Of India | Financial | 1.50% | ₹137 Cr | +1.05% | +1.08% | — |
| company:16204 | Construction | 1.09% | ₹99.69 Cr | — | — | — |
| Housing & Urban Development Corporation Ltd. | Financial | 0.97% | ₹88.82 Cr | +1.17% | +1.20% | +1.18% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 0.97% | ₹88.25 Cr | +1.16% | +1.19% | +1.18% |
| REC Ltd. | Financial | 0.94% | ₹85.41 Cr | +0.40% | +0.41% | +2.01% |
| Maharashtra State | Others | 0.86% | ₹78.05 Cr | +0.92% | +0.06% | — |
| Gujarat State | Construction | 0.83% | ₹75.75 Cr | — | — | — |
| Summit Digitel Infrastructure Pvt. Ltd. | Communication | 0.82% | ₹74.38 Cr | +0.98% | +1.02% | — |
| Nexus Select Trust | Construction | 0.80% | ₹73.26 Cr | +0.96% | +1.00% | — |
| Mahindra Rural Housing Finance Ltd. | Financial | 0.76% | ₹69.55 Cr | +0.92% | +0.94% | +0.93% |
| Oriental Infratrust Invit | Construction | 0.73% | ₹66.35 Cr | +0.88% | +0.92% | — |
| DLF Cyber City Developers Ltd. | Construction | 0.66% | ₹60.28 Cr | +0.79% | +0.82% | — |
| Knowledge Realty Trust | Construction | 0.63% | ₹57.09 Cr | +0.92% | +0.95% | — |
| Fullerton India Home Finance Ltd. | Financial | 0.55% | ₹49.80 Cr | — | — | — |
| Bank Of Baroda | Financial | 0.54% | ₹48.84 Cr | +1.26% | +1.27% | — |
| Rajasthan State | Others | 0.42% | ₹38.61 Cr | +0.51% | +0.53% | — |
| Embassy Office Parks REIT | Construction | 0.40% | ₹36.68 Cr | +0.48% | +0.50% | +0.49% |
| Bharti Telecom Ltd. | Communication | 0.32% | ₹29.50 Cr | +0.39% | +0.40% | +0.66% |
| India Universal Trust AL1 | Others | 0.30% | ₹27.32 Cr | +0.41% | +0.46% | +0.53% |
| Karnataka State | Others | 0.24% | ₹22.31 Cr | +0.29% | +0.30% | — |
| Sansar Trust | Others | 0.14% | ₹13.08 Cr | +0.27% | +0.40% | +0.74% |
| company:5434 | Financial | 0.11% | ₹9.84 Cr | +0.03% | — | — |
| HDFC Bank Ltd. | Financial | 0.05% | ₹4.90 Cr | +1.25% | +0.33% | -0.66% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| REC Ltd. | 1.58% | 0.11% | -1.47% |
| company:16204 | 0.00% | 1.09% | +1.09% |
| HDFC Bank Ltd. | 1.13% | 0.05% | -1.08% |
| GOI | 4.24% | 3.95% | -0.29% |
| Tata Capital Financial Services Ltd. | 2.96% | 2.74% | -0.22% |
| Citi Corp Finance Ltd | 3.08% | 2.86% | -0.22% |
| Bajaj Finance Ltd. | 2.35% | 2.17% | -0.18% |
| Bihar State | 2.38% | 2.19% | -0.18% |
| LIC Housing Finance Ltd. | 2.36% | 2.19% | -0.17% |
| Siddhivinayak Securitisation Trust | 2.05% | 1.90% | -0.15% |
| Tamilnadu State | 1.81% | 1.67% | -0.14% |
| Shivshakti Securitisation Trust | 2.03% | 1.89% | -0.14% |
| Jio Credit Ltd. | 1.75% | 1.63% | -0.13% |
| Axis Bank Ltd. | 1.45% | 1.33% | -0.12% |
| Mahindra & Mahindra Financial Services Ltd. | 1.49% | 1.37% | -0.11% |
| Small Industries Devp. Bank of India Ltd. | 1.42% | 1.31% | -0.11% |
| company:5434 | 0.00% | 0.11% | +0.11% |
| ICICI Home Finance Company Ltd. | 1.19% | 1.09% | -0.09% |
| Housing & Urban Development Corporation Ltd. | 1.05% | 0.97% | -0.08% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 1.04% | 0.97% | -0.07% |
| Power Finance Corporation Ltd. | 1.01% | 0.93% | -0.07% |
| Summit Digitel Infrastructure Pvt. Ltd. | 0.89% | 0.82% | -0.07% |
| Maharashtra State | 0.93% | 0.86% | -0.07% |
| Gujarat State | 0.90% | 0.83% | -0.07% |
| Nexus Select Trust | 0.87% | 0.80% | -0.07% |
| Mahindra Rural Housing Finance Ltd. | 0.82% | 0.76% | -0.06% |
| Oriental Infratrust Invit | 0.79% | 0.73% | -0.06% |
| DLF Cyber City Developers Ltd. | 0.71% | 0.66% | -0.05% |
| India Universal Trust AL1 | 0.35% | 0.30% | -0.05% |
| Fullerton India Home Finance Ltd. | 0.59% | 0.55% | -0.04% |
| Rajasthan State | 0.46% | 0.42% | -0.04% |
| Bank Of Baroda | 0.57% | 0.54% | -0.04% |
| Sansar Trust | 0.18% | 0.14% | -0.04% |
| Export-Import Bank Of India | 0.47% | 0.44% | -0.03% |
| Embassy Office Parks REIT | 0.43% | 0.40% | -0.03% |
| Knowledge Realty Trust | 0.41% | 0.38% | -0.03% |
| Others | 0.42% | 0.39% | -0.03% |
| Bharti Telecom Ltd. | 0.35% | 0.32% | -0.03% |
| Karnataka State | 0.27% | 0.24% | -0.02% |
| National Bank For Agriculture & Rural Development | 0.30% | 0.28% | -0.02% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹295 Cr | 0.59% | 6.4% | 7.0% | 7.0% |
 SBI Floating Interest Rates Fund | ₹688 Cr | 0.42% | 6.5% | 7.0% | 7.1% |
 Bandhan Floating Interest Rates Fund | ₹228 Cr | 0.71% | 6.3% | 6.9% | 6.9% |
 Axis Floating Interest Rates Fund | ₹149 Cr | 0.53% | 7.0% | 7.4% | 7.5% |
 Tata Floating Interest Rates Fund | ₹114 Cr | 0.72% | 5.7% | 6.6% | 6.7% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Darshil DedhiaMr. Dedhia has done CA and CFA.He has been working with ICICI Prudential Mutual Fund since 2013.
- Ritesh LunawatMr. Lunawat is B.Com and Chartered Accountant.He has been Working with ICICI Prudential AMC Since September 2013.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.04% absolute | ₹60,000 | ₹61,824 | 3.04% | |
| 1 year5.98% annualised | ₹1,20,000 | ₹1,23,959 | 3.30% | |
| 3 years7.07% annualised | ₹3,60,000 | ₹4,02,076 | 11.69% | |
| 5 years6.36% annualised | ₹6,00,000 | ₹7,07,926 | 17.99% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Floating Interest Rates Fund?
The NAV of ICICI Prudential Floating Interest Rates Fund is ₹456.51 as on 24 Sep 2026.
What is the expense ratio of ICICI Prudential Floating Interest Rates Fund?
The expense ratio of ICICI Prudential Floating Interest Rates Fund is 0.84% per year.
What is the minimum SIP amount for ICICI Prudential Floating Interest Rates Fund?
You can start a SIP in ICICI Prudential Floating Interest Rates Fund with ₹3,000 a month.
What returns has ICICI Prudential Floating Interest Rates Fund given?
ICICI Prudential Floating Interest Rates Fund has returned 5.7% over 1 year, 6.8% over 3 years and 7.0% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Floating Interest Rates Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 3 days.
How risky is ICICI Prudential Floating Interest Rates Fund?
ICICI Prudential Floating Interest Rates Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Floater category.
Which fund house manages ICICI Prudential Floating Interest Rates Fund?
ICICI Prudential Floating Interest Rates Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹11,76,218 Cr under management.