The scheme seeks to generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Ritesh Lunawat
Mr. Lunawat is B.Com and Chartered Accountant.
He has been Working with ICICI Prudential AMC Since September 2013.
Top Holdings
Company
Sector
Asset Value (Cr)
Asset %
Samvardhana Motherson International Ltd. 8.15 23/01/2026
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of ICICI Prudential Floating Interest Rates Fund is ₹455.76 as of 2026-08-25.
ICICI Prudential Floating Interest Rates Fund is classified as a Floater fund.
The Assets Under Management (AUM) of ICICI Prudential Floating Interest Rates Fund is ₹8,464.44 Cr.
The expense ratio of ICICI Prudential Floating Interest Rates Fund is 0.84%.
ICICI Prudential Floating Interest Rates Fund is managed by Ritesh Lunawat.
The minimum SIP investment for ICICI Prudential Floating Interest Rates Fund is ₹100.
As per the SEBI Riskometer, ICICI Prudential Floating Interest Rates Fund carries a Low To Moderate risk level.
ICICI Prudential Floating Interest Rates Fund has delivered 6.23% (1Y), 7.28% (3Y) and 6.42% (5Y) annualised returns as of 2026-08-25.
ICICI Prudential Floating Interest Rates Fund was launched on 1993-10-12.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
