ICICI Prudential Floating Interest Rates Fund
ICICI Prudential Mutual Fund · Floater · Direct plan, growth option
NAV (₹), 1 Oct 2026
502.2180
1-day change
-0.04%
1Y return
6.4%
3Y CAGR
7.7%
5Y CAGR
7.0%
Max drawdown, 5Y
−0.9%
NAV history month-end NAV, ₹ · 2 Jan 2013 to 1 Oct 2026
Returns vs Floater median (12 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.2% | 0.2% |
| 3 months | 0.9% | 0.9% |
| 6 months | 3.2% | 3.2% |
| Year to date | 4.5% | 4.4% |
| 1 year | 6.4% | 6.1% |
| 3 years (CAGR) | 7.7% | 7.6% |
| 5 years (CAGR) | 7.0% | 6.8% |
| 7 years (CAGR) | 7.4% | 7.0% |
| 10 years (CAGR) | 7.6% | 7.2% |
| Since first NAV (CAGR) | 8.2% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.7% | 7.6% |
| 3Y rolling median | 8.3% | 7.7% |
| 3Y rolling worst | 6.0% | 5.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 7.6% | 6.9% |
| 5Y rolling worst | 6.9% | 6.4% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.0% | 1.2% |
| Sharpe ratio | 1.05 | 0.79 |
| Sortino ratio | 2.12 | 1.39 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −1.8% | −1.3% |
| Maximum drawdown, last 10Y | −1.8% | −1.8% |
| Maximum drawdown, last 5Y | −0.9% | −0.6% |
| Current drawdown | −0.1% | −0.1% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
5.50%
1 Jul 2026 · −0.25 pp in a year · 5Y average 5.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.85% a year and the Direct plan's 0.29%, a gap of 0.56%; over the last 3 years the Direct plan returned 0.66 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹14,45,671.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Darshil Dedhia | Comanage | 12 Jun 2023 |
| Ritesh Lunawat | Comanage | 13 Sep 2024 |
Objective: To generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Stated asset allocation: • Floating Rate instruments 65%-100% • Debt and money market instruments other than floating rate instruments. 0%- 35%
Benchmark (tier 1): NIFTY Short Duration Debt Index A-II
Exit load: NIL The Trustees shall have a right to prescribe or modify the exit load structure with prospective effect subject to a maximum prescribed under the Regulations. The AMC shall not charge entry and/or exit load on units allotted on reinvestment of IDCW
Minimum application: Rs. 500
Allotment date: 17 Nov 2005
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.29% | 0.28% |
| AUM, whole scheme (₹ crore) | 8,658 | 1,091 |
| Riskometer | Low to Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 6.6% | 6.3% TRI |
| Return, 3 years (AMFI) | 7.7% | 7.1% TRI |
| Return, 5 years (AMFI) | 7.0% | 6.4% TRI |
| Month-ends above category median (3Y CAGR) | 98% | 38% median |
| Month-ends in category top quartile (3Y) | 93% | 22% median |
| 7Y rolling CAGR, median (monthly windows) | 7.7% | 7.3% median |
Official benchmark: NIFTY Low Duration Debt Index A-I (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Floater Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.5% | n/a | – |
| 2025 | 8.4% | n/a | – |
| 2024 | 8.7% | n/a | – |
| 2023 | 8.5% | n/a | – |
| 2022 | 5.0% | n/a | – |
| 2021 | 4.5% | n/a | – |
| 2020 | 10.3% | n/a | – |
| 2019 | 9.3% | n/a | – |
| 2018 | 7.4% | n/a | – |
| 2017 | 7.6% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,860 | 6.0% |
| 3 years | ₹3,60,000 | ₹4,02,109 | 7.3% |
| 5 years | ₹6,00,000 | ₹7,26,799 | 7.6% |
| 10 years | ₹12,00,000 | ₹17,64,048 | 7.5% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Floater
Plan / option: Direct · Growth
AMFI scheme code: 120425
ISIN: INF109K01P57
First NAV in MFIC data: 2 Jan 2013
History: 13.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| ICICI Prudential Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.96 | 7.4% |
| HDFC Floating Interest Rates Fund | Floater | 0.91 | 7.5% |
| Nippon India CRISIL - IBX AAA Financial Services - Jan 2028 Index Fund | Debt Index Fund | 0.90 | n/a |
| Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund | Debt Index Fund | 0.90 | n/a |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund | Debt Index Fund | 0.90 | n/a |
| HDFC Ultra Short to Short Term Fund | Ultra Short to Short Term | 0.86 | 7.4% |
Questions about ICICI Prudential Floating Interest Rates Fund
- What is the latest NAV of ICICI Prudential Floating Interest Rates Fund?
- The NAV of the Direct plan (growth option) was ₹502.2180 on 1 Oct 2026, as published by AMFI.
- Which category is ICICI Prudential Floating Interest Rates Fund in?
- It is classified as Floater in AMFI's daily NAV file. MFIC compares it with 12 Floater schemes (Direct plans).
- What returns has ICICI Prudential Floating Interest Rates Fund delivered?
- Over one year the NAV changed by 6.4%. The 3-year CAGR is 7.7% (category median 7.6%) and the 5-year CAGR is 7.0% (category median 6.8%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 8.3%, the lowest was 6.0%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in ICICI Prudential Floating Interest Rates Fund's NAV?
- The largest peak-to-trough fall in its available history was 1.8%; within the last five years it was 0.9% (category median 0.6%).
- How volatile is ICICI Prudential Floating Interest Rates Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.0%, which is below the Floater category median of 1.2%.
- What would a monthly SIP in ICICI Prudential Floating Interest Rates Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,26,799 on 1 Oct 2026, an annualised return (XIRR) of 7.6%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ICICI Prudential Floating Interest Rates Fund?
- The total expense ratio of the Direct plan is 0.29% a year, as disclosed to AMFI (median of Floater Direct plans: 0.28%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ICICI Prudential Floating Interest Rates Fund?
- Assets under management of the whole scheme were ₹8,658 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ICICI Prudential Floating Interest Rates Fund?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of ICICI Prudential Floating Interest Rates Fund and how has it compared?
- Its official benchmark is the NIFTY Low Duration Debt Index A-I. Over 3 years AMFI reports a return of 7.7% for this plan against 7.1% for the benchmark total return index; over 5 years 7.0% against 6.4%. Past performance does not indicate future results.
- How often has ICICI Prudential Floating Interest Rates Fund beaten its category?
- At 98% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Floater schemes (Direct plans); it was in the top quarter at 93% of them. A typical scheme would show about 50%.
- Who manages ICICI Prudential Floating Interest Rates Fund?
- According to its Scheme Summary Document, ICICI Prudential Floating Interest Rates Fund is managed by Darshil Dedhia (since 12 Jun 2023), Ritesh Lunawat (since 13 Sep 2024).
- What is the exit load of ICICI Prudential Floating Interest Rates Fund?
- As stated in its scheme documents: NIL The Trustees shall have a right to prescribe or modify the exit load structure with prospective effect subject to a maximum prescribed under the Regulations. The AMC shall not charge entry and/or exit load on units allotted on reinvestment of IDCW Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in ICICI Prudential Floating Interest Rates Fund?
- The minimum application amount is Rs. 500.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 6.4% and the Regular plan's by 5.8%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.