ICICI Pru Floating Interest Rates Fund-Direct (G)

You can invest in ICICI Pru Floating Interest Rates Fund-Direct (G) through a lump sum investment or a monthly SIP. The minimum lump sum investment is ₹500 and the minimum SIP amount is ₹100.

The latest NAV of ICICI Pru Floating Interest Rates Fund-Direct (G) is ₹501.92.

ICICI Pru Floating Interest Rates Fund-Direct (G) manages assets worth ₹9,048.61 Cr.

The expense ratio of ICICI Pru Floating Interest Rates Fund-Direct (G) is 0.29%.

The exit load applicable on ICICI Pru Floating Interest Rates Fund-Direct (G) is Nil - W.E.F.(May 19, 2012) no exit load shall be charged under the Scheme for all redemptions/switch outs..

As per the riskometer, ICICI Pru Floating Interest Rates Fund-Direct (G) carries Moderately Low risk.

ICICI Pru Floating Interest Rates Fund-Direct (G) is managed by ICICI Prudential Mutual Fund.

ICICI Pru Floating Interest Rates Fund-Direct (G) belongs to the Floating Interest Rates Fund category.

ICICI Pru Floating Interest Rates Fund-Direct (G) is benchmarked against the NIFTY Short Duration Debt Index A-II.

ICICI Pru Floating Interest Rates Fund-Direct (G) has no lock-in period, so units can be redeemed at any time subject to the applicable exit load.

ICICI Pru Floating Interest Rates Fund-Direct (G) was launched on 02 Jan 2013.

After the initial investment, you can invest in ICICI Pru Floating Interest Rates Fund-Direct (G) in further multiples of ₹100.

To generate income through investing predominantly in AA+ and above rated corporate bonds 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.