ICICI Prudential Floating Interest Fund - Growth

292.5928

( NAV change from the previous, NAV as on 11/11/2019 )

Launch Date

2005-11-17 00:00:00.0

AUM

NA
(as on date NA)

Benchmark

CRISIL Ultra Short Term Debt

Fund Manager

Nikhil Kabra, Rahul Goswami

Risk: Moderate

ICICI Prudential Floating Interest Fund Overview

ICICI Prudential Floating Interest Fund is a debt scheme under ICICI Prudential Mutual Fund. Previously, ICICI Prudential Floating Interest Fund was named ICICI Prudential Savings Fund. The investment objective of ICICI Prudential Floating Interest Fund is to yield regular income and short term savings. ICICI Prudential Floating Interest Fund aims to invest in floating rate instruments in order to maintain the safety, liquidity and optimum balance of the yield. Before investing in this fund, you can check ICICI Prudential Floating Interest Fund performance for a period of 1 month to 10 years. Nikhil Kabra and Rahul Goswami professionally manages ICICI Prudential Floating Interest Fund investment. You can invest a minimum of Rs. 500 in ICICI Prudential Floating Interest Fund growth plan. You can have a detailed idea on ICICI Prudential Floating Interest Fund portfolio by checking online.

Eligibility Criteria to invest in ICICI Prudential Floating Interest Fund

  • Individual should be an Indian Citizen
  • Financial Institutions and Investment Institutions
  • Minor via a parent or legal guardian
  • Partner(s) of Partnership Firms.
  • Foreign Institutional Investors
  • Companies
  • Association of Persons
  • Non resident Indians or Persons of Indian origin who is residing abroad
  • Trusts
  • Karta of Hindu Undivided Family
  • Societies

Documents Required for ICICI Prudential Floating Interest Fund

Here are the important documents required for ICICI Prudential Floating Interest Fund-

  • Passport size Photographs
  • PAN Card
  • KYC Acknowledgment
  • Identity Proof- Voter ID Card, AADHAR Card
  • Application form
  • Address Proof- Utility bills like gas or water bill, Driving License
  • Declaration of 3rd party (for minors)

Advantages of ICICI Prudential Floating Interest Fund

  • Experienced fund manager manage ICICI Prudential Floating Interest Fund growth plan investment by analyzing the market intensively. So, even if you do not have any knowledge on market research, your invested money will be in safe hands.
  • You get a clear picture on ICICI Prudential Floating Interest Fund performance up to 10 years. So, you can have a comprehensive outlook on the performance of ICICI Prudential Floating Interest Fund growth plan starting from 1 month to 10 years.
  • The investment procedure of ICICI Prudential Floating Interest Fund growth plan is directly under the guidelines of SEBI. So, forgery case will not arise in this investment plan.
  • You can invest a certain amount of money on a monthly basis in ICICI Prudential Floating Interest Fund growth plan through SIP method. So, your budget does not get hampered and you can easily invest for your future.
  • The exit load of ICICI Prudential Credit Risk Fund investment is nil. Also, the transactional cost of ICICI Prudential Credit Risk Fund growth plan is very low.
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