Income-oriented debt or money-market exposure
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.
Investors matching the scheme's duration and credit profile to their time horizon.
Interest-rate, credit, liquidity and reinvestment risk; debt funds are not fixed deposits.
How the money may be invested
• Floating Rate instruments 65%-100% • Debt and money market instruments other than floating rate instruments. 0%- 35%
- SEBI category
- Debt - Floating Interest Rates Fund
- Fund type
- Open Ended
- Primary benchmark
- NIFTY Short Duration Debt Index A-II
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Darshil Dedhia · Ritesh Lunawat
- Manager tenure on this scheme
- Darshil Dedhia — since 12 June 2023 · Ritesh Lunawat — since 13 September 2024
- Role / co-management
- Darshil Dedhia — Comanage · Ritesh Lunawat — Comanage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| ICICI Prudential Floating Interest Rates Fund - Direct Plan - Daily IDCW | ₹100.1703 | 04 Sep 2026 |
| ICICI Prudential Floating Interest Rates Fund - Direct Plan - Growth | ₹502.4116 | 04 Sep 2026 |
| ICICI Prudential Floating Interest Rates Fund - Direct Plan - IDCW Others | ₹214.7981 | 04 Sep 2026 |
| ICICI Prudential Floating Interest Rates Fund - Direct Plan - Weekly IDCW | ₹102.4457 | 04 Sep 2026 |
| ICICI Prudential Floating Interest Rates Fund - Regular Plan - Daily IDCW | ₹100.8760 | 04 Sep 2026 |
| ICICI Prudential Floating Interest Rates Fund - Regular Plan - Growth | ₹456.8265 | 04 Sep 2026 |
| ICICI Prudential Floating Interest Rates Fund - Regular Plan - IDCW Others | ₹201.6553 | 04 Sep 2026 |
| ICICI Prudential Floating Interest Rates Fund - Regular Plan - Weekly IDCW | ₹102.4178 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Actual expenses for the month ended August 28, 2026: Regular Plan: 0.84% Direct Plan: 0.29%
- Exit load
- NIL The Trustees shall have a right to prescribe or modify the exit load structure with prospective effect subject to a maximum prescribed under the Regulations. The AMC shall not charge entry and/or exit load on units allotted on reinvestment of IDCW
- Minimum application
- Rs. 500 · multiples of 1
- SIP frequency
- Refer to the current official scheme document.
- Minimum SIP amount
- Refer to the current official scheme document.
- Minimum instalments
- Refer to the current official scheme document.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.