Debt Funds

Floating Interest Fund | Debt Mutual Fund Schemes - ICICI Prudential Mutual Fund

Dec 21, 2015, 12:35 PM
Title To Display:
ICICI Prudential Floating Interest Fund
Type:
An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives).
Tax benefits:
Meta description:
Savings Fund is a Debt Mutual Fund Scheme offered by ICICI Prudential. It focuses on accrual income, derived from floating rate instruments. Know more!
Scheme code:
24
Fund one Liner:
Short term deployment of surplus funds with potential of earning accrual returns from a fund with allocation to good credits.
Minimum redemption:
500/- or all units where amount is below 500/-
Additional Investment:
Rs.100 (plus in multiples of Re.1)
ETF_ ISIN:
ETF _NSEsymbol:
ETF_ BSE _ script code:
Default option:
Growth Option
Investment management expenses:
Cut off time:
Recurring expenses:
Redemption cheques issued:
-
Other recurring expenses:
Minimum application amount:
Rs.500 (Plus in multiples of Re.1)
callbackURl:
http://comm.icicipruamc.com/icici/mutual-fund.php?id=13
Etf class:
NewTitle:
(Formerly known as ICICI Prudential Savings Fund)
Portfolio Disclosure:
Quarterly
Switch Facility :
Available
Is active:
Yes
InceptionDate:
OpenDate:
CloseDate:
Sequence:
2
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.
  • A portfolio focuses on accrual income, which is derived from floating rate instruments.
  • Reduced interest rate risk of longer term instruments.
Not Applicable
Nil
Available
Rahul Goswami and Nikhil Kabra
icici prudential savings fund, icici prudential regular savings fund, icici debt funds, fixed income funds, debt funds, debt mutual funds, icici pru amc, icici prudential, icici mutual fund
There are many factors that determine the rate of interest of securities, and constant changes in these underlying fundamentals, cause fluctuations in the interest rates, which has a direct impact on the value of our portfolio. An increase in rates reduces the value of our holdings and vice-versa.

If interest rates on instruments in the portfolio were to keep getting reset according to the prevailing market rates, then, we may be able to focus on the interest income without worrying too much about its impact on the portfolio.

ICICI Prudential Floating Rate Plan, an open-ended income fund, focuses primarily on dynamic interest rates, and takes rapid action when necessary to minimize the impact of these fluctuations on your portfolio.
  • Short term savings
  • An open ended debt scheme predominantly investing in floating rate instruments
Available
ICICI Prudential Floating Interest Fund
ICICI Prudential Floating Interest Fund-Direct Plan
Growth Option and Dividend Option with Dividend Payout and Reinvestment
Available , Flex and Value STP also available

graph01

Fund Factsheet link

Debt Funds primarily invests in bonds and other debt instruments, and will suit investors who want to optimize current income assuming low to moderate levels of risk.

Floating Interest Fund | Debt Mutual Fund Schemes - ICICI Prudential Mutual Fund

Dec 21, 2015, 12:35 PM
Title To Display:
ICICI Prudential Floating Interest Fund
Type:
An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives).
Tax benefits:
Meta description:
Savings Fund is a Debt Mutual Fund Scheme offered by ICICI Prudential. It focuses on accrual income, derived from floating rate instruments. Know more!
Scheme code:
24
Fund one Liner:
Short term deployment of surplus funds with potential of earning accrual returns from a fund with allocation to good credits.
Minimum redemption:
500/- or all units where amount is below 500/-
Additional Investment:
Rs.100 (plus in multiples of Re.1)
ETF_ ISIN:
ETF _NSEsymbol:
ETF_ BSE _ script code:
Default option:
Growth Option
Investment management expenses:
Cut off time:
Recurring expenses:
Redemption cheques issued:
-
Other recurring expenses:
Minimum application amount:
Rs.500 (Plus in multiples of Re.1)
callbackURl:
http://comm.icicipruamc.com/icici/mutual-fund.php?id=13
Etf class:
NewTitle:
(Formerly known as ICICI Prudential Savings Fund)
Portfolio Disclosure:
Quarterly
Switch Facility :
Available
Is active:
Yes
InceptionDate:
OpenDate:
CloseDate:
Sequence:
2
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.
  • A portfolio focuses on accrual income, which is derived from floating rate instruments.
  • Reduced interest rate risk of longer term instruments.
Not Applicable
Nil
Available
Rahul Goswami and Nikhil Kabra
icici prudential savings fund, icici prudential regular savings fund, icici debt funds, fixed income funds, debt funds, debt mutual funds, icici pru amc, icici prudential, icici mutual fund
There are many factors that determine the rate of interest of securities, and constant changes in these underlying fundamentals, cause fluctuations in the interest rates, which has a direct impact on the value of our portfolio. An increase in rates reduces the value of our holdings and vice-versa.

If interest rates on instruments in the portfolio were to keep getting reset according to the prevailing market rates, then, we may be able to focus on the interest income without worrying too much about its impact on the portfolio.

ICICI Prudential Floating Rate Plan, an open-ended income fund, focuses primarily on dynamic interest rates, and takes rapid action when necessary to minimize the impact of these fluctuations on your portfolio.
  • Short term savings
  • An open ended debt scheme predominantly investing in floating rate instruments
Available
ICICI Prudential Floating Interest Fund
ICICI Prudential Floating Interest Fund-Direct Plan
Growth Option and Dividend Option with Dividend Payout and Reinvestment
Available , Flex and Value STP also available

graph01

Fund Factsheet link

Floating Interest Fund | Debt Mutual Fund Schemes - ICICI Prudential Mutual Fund

Dec 21, 2015, 12:35 PM
Title To Display:
ICICI Prudential Floating Interest Fund
Type:
An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives).
Tax benefits:
Meta description:
Savings Fund is a Debt Mutual Fund Scheme offered by ICICI Prudential. It focuses on accrual income, derived from floating rate instruments. Know more!
Scheme code:
24
Fund one Liner:
Short term deployment of surplus funds with potential of earning accrual returns from a fund with allocation to good credits.
Minimum redemption:
500/- or all units where amount is below 500/-
Additional Investment:
Rs.100 (plus in multiples of Re.1)
ETF_ ISIN:
ETF _NSEsymbol:
ETF_ BSE _ script code:
Default option:
Growth Option
Investment management expenses:
Cut off time:
Recurring expenses:
Redemption cheques issued:
-
Other recurring expenses:
Minimum application amount:
Rs.500 (Plus in multiples of Re.1)
callbackURl:
http://comm.icicipruamc.com/icici/mutual-fund.php?id=13
Etf class:
NewTitle:
(Formerly known as ICICI Prudential Savings Fund)
Portfolio Disclosure:
Quarterly
Switch Facility :
Available
Is active:
Yes
InceptionDate:
OpenDate:
CloseDate:
Sequence:
2
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.
  • A portfolio focuses on accrual income, which is derived from floating rate instruments.
  • Reduced interest rate risk of longer term instruments.
Not Applicable
Nil
Available
Rahul Goswami and Nikhil Kabra
icici prudential savings fund, icici prudential regular savings fund, icici debt funds, fixed income funds, debt funds, debt mutual funds, icici pru amc, icici prudential, icici mutual fund
There are many factors that determine the rate of interest of securities, and constant changes in these underlying fundamentals, cause fluctuations in the interest rates, which has a direct impact on the value of our portfolio. An increase in rates reduces the value of our holdings and vice-versa.

If interest rates on instruments in the portfolio were to keep getting reset according to the prevailing market rates, then, we may be able to focus on the interest income without worrying too much about its impact on the portfolio.

ICICI Prudential Floating Rate Plan, an open-ended income fund, focuses primarily on dynamic interest rates, and takes rapid action when necessary to minimize the impact of these fluctuations on your portfolio.
  • Short term savings
  • An open ended debt scheme predominantly investing in floating rate instruments
Available
ICICI Prudential Floating Interest Fund
ICICI Prudential Floating Interest Fund-Direct Plan
Growth Option and Dividend Option with Dividend Payout and Reinvestment
Available , Flex and Value STP also available

graph01

Fund Factsheet link

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