ICICI Prudential Floating Interest Fund - IDCW Others

ICICI Prudential Floating Interest Fund - IDCW Others is a scheme launched by ICICI Mutual Fund on November 08, 2012, and falls under the Floater fund category. It currently manages an AUM of Rs 7,554.78 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 500. It charges an expense ratio of 1.18% 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 - IDCW Others trailing returns over different times are 7.76% (1 year), 7.66% (3 year) and 3.63% (5 year). The average annual return of this fund stands at 5.51%.