ICICI PRUDENTIAL FLOATING INTEREST FUND C - WEEKLY DIVIDEND PAYOUT

ICICI PRUDENTIAL FLOATING INTEREST FUND C - WEEKLY DIVIDEND PAYOUT is a scheme launched by ICICI Mutual Fund on December 11, 2008, and falls under the Ultra Short Duration fund category. It currently manages an AUM of Rs 8,070.67 crore. The fund permits investments with a minimum SIP of Rs 5000 and a lump sum of Rs 5000. It charges an expense ratio of 1.3% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  ICICI PRUDENTIAL FLOATING INTEREST FUND C - WEEKLY DIVIDEND PAYOUT trailing returns over different times are NA% (1 year), NA% (3 year) and NA% (5 year). The average annual return of this fund stands at NA%.