Based on 1,3,5 Yr performance,
stability of returns.
It is the Category Rank and
not the Sub-category Rank.
+91 73377 40002
9AM - 8PM
| Asset Size: | 8126Cr | |
| Expense Ratio: | 1.3% | |
| Fund Manager(s): | Rahul Goswami, | Nikhil Kabra, |
| 5year Returns: | 7.79% |
ICICI Prudential Floating Interest Fund Growth
Liquid Plus
Floating Rate
Nav :
299.9119
(
-0.00%)
February 25th, 2020
Rank (of 245)
10
Annualized Returns(5 yrs)
7.79%
Investment Horizon
<1 Yr
Doubled Money
9yrs 3m
Liquid Plus
Floating Rate
Nav :
299.9119
(
-0.00%)
February 25th, 2020
People currently viewing this : 1
Upwardly's Take :
Invest in this fund for very short investment horizon i.e. less than 3 months. The returns from these funds are the safest and have least fluctuations. Liquid funds are better than FD as they do not have penalties on early withdrawal and give much better returns than FD in the short term.
This is a great substitute for short term Fixed Depsoits. Park your money here and get substantially higher returns than savings bank account. You can withdraw anytime as this does not have any exit load.
FUND PAST PERFORMANCE
Fund's historical return with Fixed Deposit
3m
6m
1y
3y
5y
3 and 6 Months returns are absolute
Assuming 30% tax bracket
FUND MULTIPLIER
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Take To Multiply
2x
4x
5x
TOP 5 HOLDING INVESTED IN
FUND DETAIL INFORMATION
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.
Basic Details
Fund House
ICICI Prudential
Launch Date
November 18th, 2005
Expense Ratio
1.3%
Fund Category Risk
Low
Std Dev (1Yr)
0.858
Std Dev (3Yr)
0.784
Std Dev (5Yr)
0.805
Asset Size
8126Cr
Investment Details
Investment Plan
Growth
Return since Launch
8 %
Exit Load
No Exit Load
YTM
7.75 %
Modified Duration
0.98
Contact Details
Fund Manager(s)
Phone No.
+91 22 26428000
Website