ICICI Prudential Floating Interest Rates Fund
FloaterModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹458.75+0.09%1 day
- Return since launch
- 7.5%
- 52-week range
- ₹434.69 — ₹458.45
- AUM
- ₹8,027 Cr
ICICI Prudential Floating Interest Rates Fund is a Floater debt fund from ICICI Prudential Mutual Fund with ₹8,027 Cr under management, launched in 2005. Over three years it has returned 6.5% a year, against 7.2% for its category. The expense ratio is 0.85% and the SEBI riskometer reading is 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 +5.2% against +5.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.1% | −0.2 pts | 5.3% | 4.9% |
| 2Y | 5.9% | +0.1 pts | 5.8% | 5.7% |
| 3Y | 6.5% | −0.7 pts | 7.2% | 6.4% |
| 5Y | 6.9% | +0.5 pts | 6.4% | 6.7% |
| 7Y | 6.6% | +0.2 pts | 6.5% | 6.4% |
| 10Y | 6.7% | 0.0 pts | 6.7% | 6.5% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.6% | +0.1 pts | 0.5% | 0.4% |
| 3M | 0.6% | 0.0 pts | 0.6% | 0.6% |
| 6M | 2.8% | −0.1 pts | 2.9% | 2.7% |
| 1Y | 5.5% | +0.2 pts | 5.3% | 5.0% |
| 2Y | 6.5% | −0.1 pts | 6.5% | 6.5% |
| 3Y | 7.1% | −0.1 pts | 7.2% | 7.1% |
| 5Y | 6.4% | 0.0 pts | 6.4% | 6.3% |
| 7Y | 6.6% | +0.2 pts | 6.4% | 6.3% |
| 10Y | 6.8% | +0.1 pts | 6.7% | 6.8% |
Since launch (17 Nov 2005): 7.5%
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
0.82%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.71%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.11%
- 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.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid 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 | 1.02 | 1.10 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.70 | 1.84 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.07 | 1.51 | 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 30 Sep 2026
Asset allocation
- Debt54.5%
- Other45.5%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | 6.24% | ₹540 Cr | +0.95% | +1.08% | +0.21% |
| GOI | Sovereign | 5.31% | ₹460 Cr | +8.97% | +10.94% | +43.18% |
| Others | Others | 4.29% | ₹372 Cr | +2.20% | +2.46% | +2.37% |
| Power Finance Corporation Ltd. | Financial | 4.20% | ₹363 Cr | +4.26% | +4.84% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.17% | ₹361 Cr | +7.52% | +4.95% | +6.98% |
| LIC Housing Finance Ltd. | Financial | 4.09% | ₹354 Cr | +5.00% | +5.67% | +5.68% |
| Bajaj Finance Ltd. | Financial | 3.13% | ₹271 Cr | — | — | — |
| Citi Corp Finance Ltd | Financial | 3.02% | ₹261 Cr | +3.26% | +3.71% | — |
| Tata Capital Financial Services Ltd. | Financial | 2.88% | ₹249 Cr | +3.13% | +3.56% | — |
| Bihar State | Others | 2.28% | ₹198 Cr | +2.50% | +2.81% | +2.82% |
| Shivshakti Securitisation Trust | Others | 1.93% | ₹167 Cr | +2.15% | +2.45% | +2.46% |
| Tamilnadu State | Others | 1.74% | ₹150 Cr | +1.91% | — | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.73% | ₹150 Cr | +3.15% | +3.57% | — |
| Jio Credit Ltd. | Financial | 1.71% | ₹148 Cr | +1.86% | +2.11% | — |
| ICICI Home Finance Company Ltd. | Financial | 1.62% | ₹140 Cr | +1.00% | +1.41% | +1.41% |
| Siddhivinayak Securitisation Trust | Others | 1.38% | ₹120 Cr | +2.16% | +2.45% | +2.46% |
| Axis Bank Ltd. | Financial | 1.38% | ₹119 Cr | +1.54% | +1.72% | — |
| Mindspace Business Parks REIT | Construction | 1.15% | ₹99.45 Cr | — | — | — |
| Housing & Urban Development Corporation Ltd. | Financial | 1.02% | ₹88.44 Cr | +1.11% | +1.26% | +1.26% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 1.02% | ₹88.18 Cr | +1.10% | +1.25% | +1.25% |
| REC Ltd. | Financial | 0.99% | ₹85.29 Cr | +0.38% | +0.43% | +2.13% |
| Maharashtra State | Others | 0.89% | ₹76.89 Cr | +0.98% | +0.06% | +0.70% |
| Gujarat State | Construction | 0.86% | ₹74.79 Cr | +0.95% | — | — |
| Nexus Select Trust | Construction | 0.84% | ₹72.97 Cr | +0.92% | +1.04% | — |
| Mahindra Rural Housing Finance Ltd. | Financial | 0.80% | ₹69.53 Cr | +0.87% | +0.99% | +0.98% |
| Oriental Infratrust Invit | Construction | 0.76% | ₹65.57 Cr | +0.83% | +0.95% | — |
| DLF Cyber City Developers Ltd. | Construction | 0.70% | ₹60.22 Cr | +0.75% | +0.86% | — |
| Knowledge Realty Trust | Construction | 0.66% | ₹56.90 Cr | +0.88% | +0.99% | +0.63% |
| Fullerton India Home Finance Ltd. | Financial | 0.58% | ₹50.14 Cr | — | — | — |
| Export-Import Bank Of India | Financial | 0.46% | ₹40.00 Cr | +0.50% | +0.57% | — |
| Rajasthan State | Others | 0.44% | ₹38.02 Cr | +0.49% | +0.55% | — |
| Embassy Office Parks REIT | Construction | 0.42% | ₹36.62 Cr | +0.46% | +0.52% | +0.52% |
| Bharti Telecom Ltd. | Communication | 0.34% | ₹29.45 Cr | +0.37% | +0.42% | — |
| India Universal Trust AL1 | Others | 0.28% | ₹24.37 Cr | +0.38% | +0.47% | +0.54% |
| Karnataka State | Others | 0.25% | ₹21.99 Cr | +0.28% | +0.32% | — |
| Sansar Trust | Others | 0.13% | ₹10.95 Cr | +0.22% | +0.38% | +0.72% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:15668 | 0.82% | 0.00% | -0.82% |
| company:442 | 0.54% | 0.00% | -0.54% |
| Siddhivinayak Securitisation Trust | 1.90% | 1.38% | -0.52% |
| LIC Housing Finance Ltd. | 2.19% | 2.71% | +0.52% |
| GOI | 3.95% | 4.16% | +0.21% |
| Citi Corp Finance Ltd | 2.86% | 3.02% | +0.15% |
| Tata Capital Financial Services Ltd. | 2.74% | 2.88% | +0.14% |
| company:5434 | 0.11% | 0.00% | -0.11% |
| Bajaj Finance Ltd. | 2.17% | 2.27% | +0.10% |
| Bihar State | 2.19% | 2.28% | +0.09% |
| Jio Credit Ltd. | 1.63% | 1.71% | +0.08% |
| Mahindra & Mahindra Financial Services Ltd. | 1.37% | 1.44% | +0.07% |
| Tamilnadu State | 1.67% | 1.74% | +0.07% |
| ICICI Home Finance Company Ltd. | 1.09% | 1.16% | +0.07% |
| Small Industries Devp. Bank of India Ltd. | 1.31% | 1.37% | +0.06% |
| Mindspace Business Parks REIT | 1.09% | 1.15% | +0.06% |
| company:1412 | 0.05% | 0.00% | -0.05% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 0.97% | 1.02% | +0.05% |
| Axis Bank Ltd. | 1.33% | 1.38% | +0.05% |
| Power Finance Corporation Ltd. | 0.93% | 0.98% | +0.05% |
| Housing & Urban Development Corporation Ltd. | 0.97% | 1.02% | +0.05% |
| Mahindra Rural Housing Finance Ltd. | 0.76% | 0.80% | +0.04% |
| Nexus Select Trust | 0.80% | 0.84% | +0.04% |
| Shivshakti Securitisation Trust | 1.89% | 1.93% | +0.04% |
| DLF Cyber City Developers Ltd. | 0.66% | 0.70% | +0.03% |
| Gujarat State | 0.83% | 0.86% | +0.03% |
| Fullerton India Home Finance Ltd. | 0.55% | 0.58% | +0.03% |
| Maharashtra State | 0.86% | 0.89% | +0.03% |
| National Bank For Agriculture & Rural Development | 0.28% | 0.31% | +0.03% |
| Oriental Infratrust Invit | 0.73% | 0.76% | +0.03% |
| Export-Import Bank Of India | 0.44% | 0.46% | +0.02% |
| Others | 0.39% | 0.41% | +0.02% |
| Embassy Office Parks REIT | 0.40% | 0.42% | +0.02% |
| Knowledge Realty Trust | 0.38% | 0.40% | +0.02% |
| India Universal Trust AL1 | 0.30% | 0.28% | -0.02% |
| Sansar Trust | 0.14% | 0.13% | -0.02% |
| Bharti Telecom Ltd. | 0.32% | 0.34% | +0.02% |
| Rajasthan State | 0.42% | 0.44% | +0.02% |
| Karnataka State | 0.24% | 0.25% | +0.01% |
| REC Ltd. | 0.11% | 0.12% | +0.01% |
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 | ₹4,131 Cr | 0.55% | 6.0% | 6.8% | 7.0% |
 HDFC Floating Interest Rates Fund | ₹15,498 Cr | 0.50% | 5.2% | 6.6% | 7.0% |
 SBI Floating Interest Rates Fund | ₹669 Cr | 0.43% | 5.9% | 6.7% | 7.0% |
 Bandhan Floating Interest Rates Fund | ₹210 Cr | 0.76% | 5.5% | 6.6% | 6.7% |
 Axis Floating Interest Rates Fund | ₹145 Cr | 0.52% | 7.3% | 7.4% | 7.5% |
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 months2.78% absolute | ₹60,000 | ₹61,668 | 2.78% | |
| 1 year5.47% annualised | ₹1,20,000 | ₹1,23,616 | 3.01% | |
| 3 years7.09% annualised | ₹3,60,000 | ₹4,02,204 | 11.72% | |
| 5 years6.42% annualised | ₹6,00,000 | ₹7,09,057 | 18.18% |
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 ₹458.75 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential Floating Interest Rates Fund?
The expense ratio of ICICI Prudential Floating Interest Rates Fund is 0.85% 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 5.1% over 1 year, 6.5% over 3 years and 6.9% 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 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 ₹12,20,481 Cr under management.