ICICI Prudential Floating Interest Fund
This is the Regular plan of ICICI Prudential Floating Interest Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed fortnightly, which is why this NAV sits below the growth plan of the same fund.
This scheme hasn’t published a NAV since 16 Sep 2022 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.
NAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Floating Interest Rates Fund peers to rank yet
Volatility not available yet
0.8% expense (no category average yet)
83% of rolling 3Y windows were positive
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into ICICI Prudential Floating Interest Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2022part | +0.18% | |
| 2021 | -0.09% | |
| 2020 | +0.62% | |
| 2019 | -0.05% | |
| 2018 | +0.04% | |
| 2017 | -0.05% | |
| 2016 | +0.73% | |
| 2015 | +0.03% | |
| 2014 | -0.04% | |
| 2013 | +0.43% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹7,582Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.
Fund Managers
DDDarshil DedhiaStart date not disclosed
Fund Manager – Fixed Income
Chartered Accountant, Chartered Financial Analyst (CFA) and B.Com
He started his career with ICICI Prudential Asset in January 2013 and has experience of over 12 years. Past Experience: ~ ICICI Prudential Asset Management Company Limited – Investments – Mutual Fund Debt – August 9, 2018 till date. ~ ICICI Prudential Asset Management Company Limited – Fund Accounting – February 9, 2016 till August 8, 2018. ~ ICICI Prudential Asset Management Company Limited – Investments – Fixed Income – May 25, 2015 to Feb 8, 2016. ~ ICICI Prudential Asset Management Company Limited – Fund Accounting – January 22, 2013 to May 24, 2015.
- ICICI Prudential BSE Liquid Rate ETF - IDCW
- ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
- ICICI Prudential Fixed Maturity Plan - Series 88 - 1303 Days Plan S - Growth
- ICICI Prudential Floating Interest Rates Fund
- ICICI Prudential Floating Interest Rates Fund
- ICICI Prudential Liquid Fund -
- ICICI Prudential Liquid Fund -
- ICICI Prudential Nifty 10 yr Benchmark G-sec ETF
- ICICI Prudential Nifty 5 yr Benchmark G-SEC ETF
- ICICI Prudential Nifty G-Sec Dec 2030 Index Fund
- ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund
- ICICI Prudential Nifty SDL Dec 2028 Index Fund
- ICICI Prudential Nifty SDL Sep 2026 Index Fund
- ICICI Prudential Nifty SDL Sep 2027 Index Fund
- ICICI Prudential Overnight Fund
- ICICI Prudential Children's Fund - Direct Plan - Growth
- ICICI Prudential CRISIL-IBX AAA Bond Financial Services Index -Dec 2026 Fund- Direct Plan - Growth
- ICICI Prudential Equity - Arbitrage Fund-Institutional Growth Option
- ICICI Prudential Retirement Fund Hybrid Aggressive Plan - Direct Plan - Growth
- ICICI Prudential Retirement Fund Hybrid Conservative Plan - Direct Plan - Growth
- ICICI Prudential Retirement Fund Pure Debt Plan - Direct Plan - Growth
- ICICI Prudential Retirement Fund Pure Equity Plan - Direct Plan - Growth
- ICICI Prudential Savings Fund Retail Growth
RLRitesh LunawatStart date not disclosed
Fund Manager – Fixed Income
Over 11 years
Chartered Accountant, B.Com and Chartered Financial Analyst (CFA)
Mr. Ritesh Lunawat is associated with ICICI Prudential Asset Management Company Limited from September 27, 2013. He started his career with ICICI Prudential Asset Management Company Limited and is currently a Fund Manager.
- ICICI Prudential Corporate Bond Fund
- ICICI Prudential Floating Interest Rates Fund
- ICICI Prudential Floating Interest Rates Fund
- ICICI Prudential Global Stable Equity Fund (FOF)
- ICICI Prudential Passive Multi-Asset Fund of Funds
- ICICI Prudential Ultra Short term Fund
- ICICI Prudential US Bluechip Equity Fund
- ICICI Prudential Bond Fund- Institutional Growth
- ICICI Prudential Equity Savings Fund - Direct Plan - Cumulative
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
ICICI Prudential in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
ICICI Prudential Multi Cap Fund Direct Plan Growth
ClearTax · 5h ago
ICICI Prudential MF crosses 5% stake in GSPL Transmission via demerger
scanx.trade · 9h ago
MF IDCW alert: ICICI Prudential, Invesco announce payouts across 5 schemes; check dates and amounts
Upstox · 12h ago
Senior Citizen Savings Scheme (SCSS) interest rate for October-December 2026
Upstox · 1d ago
ICICI Prudential Retirement Fund – Hybrid Aggressive Plan: Retirement Savings With An Equity Edge
BusinessLine · 1d ago
ICICI Prudential Ultra Short to Short Term Fund Direct Plan Growth
ClearTax · 2d ago
Mutual funds now offer nearly 2,000 schemes; passive funds account for one-third of the shelf
Cafemutual · 2d ago
NFO Insight : ICICI Prudential Contra Fund opens for subscription. Is contra investing suited for current
The Economic Times · 3d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Debt funds
Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.
Frequently asked questions
What is the NAV of ICICI Prudential Floating Interest Fund?
The last published NAV of ICICI Prudential Floating Interest Fund was ₹101.99 per unit, on 16 Sep 2022. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.
What is the expense ratio of ICICI Prudential Floating Interest Fund?
ICICI Prudential Floating Interest Fund charges an expense ratio of 0.84% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
How risky is ICICI Prudential Floating Interest Fund?
ICICI Prudential Floating Interest Fund is rated moderate on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -2.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
Who manages ICICI Prudential Floating Interest Fund?
ICICI Prudential Floating Interest Fund is managed by Darshil Dedhia and Ritesh Lunawat at ICICI Prudential.
How is ICICI Prudential Floating Interest Fund taxed?
ICICI Prudential Floating Interest Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.