DEBT FUNDS

ICICI Prudential Floating Interest Fund
(Formerly known as ICICI Prudential Savings Fund)

Investment Objective

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.

This product is suitable for investors who are seeking* :

  • Short term savings
  • An open ended debt scheme predominantly investing in floating rate instruments

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives).

Plan

ICICI Prudential Floating Interest Fund
ICICI Prudential Floating Interest Fund-Direct Plan

Options

Growth Option and Dividend Option with Dividend Payout and Reinvestment

Default Option

Growth Option

Application Amount

Rs.500 (Plus in multiples of Re.1)

Min. Additional Investment

Rs.100 (plus in multiples of Re.1)

Entry Load

Not Applicable

Exit Load

Nil

Minimum Redemption Amt.

500/- or all units where amount is below 500/-

Systematic Investment Plan

Available

Systematic Transfer Plan

Available , Flex and Value STP also available

Systematic Withdrawal Plan

Available



Fund Manager

Rahul Goswami and Nikhil Kabra

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