Should I invest in ICICI Prudential Floating Interest Fund?

We don't give personal investment advice. ICICI Prudential Floating Interest Fund - Direct Plan - Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.9%. 5-year CAGR: 7.23%.

ICICI Prudential

ICICI Prudential Floating Interest Fund - Direct Plan - Growth

Latest NAV

₹498.3432

As of

17 Jul 2026

3,268 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.04%	+0.02%	+0.02	6 / 12	Q2
1W	+0.00%	+0.04%	-0.03	8 / 12	Q3
2W	-0.03%	+0.03%	-0.06	7 / 12	Q3
1M	+0.66%	+0.80%	-0.14	9 / 12	Q3
3M	+1.80%	+1.94%	-0.15	6 / 12	Q2
6M	+3.61%	+3.68%	-0.07	5 / 12	Q2
YTD	+3.59%	+3.58%	+0.00	5 / 12	Q2
1Y	+6.87%	+6.23%	+0.64	1 / 12	Q1
2Y	+7.97%	+7.79%	+0.19	4 / 12	Q2
3Y	+8.17%	+7.88%	+0.29	3 / 12	Q1
4Y	+8.36%	+7.74%	+0.62	1 / 12	Q1
5Y	+7.23%	+6.86%	+0.37	1 / 12	Q1
7Y	+7.57%	+7.10%	+0.47	1 / 7	Q1
10Y	+7.76%	+7.35%	+0.41	1 / 5	Q1
Inception	+8.23%	+7.25%	+0.99	1 / 12	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.59%	+3.58%	+0.00	5 / 12
2025	+8.38%	+8.03%	+0.34	3 / 12
2024	+8.61%	+8.56%	+0.05	4 / 12
2023	+8.46%	+7.74%	+0.72	1 / 12
2022	+5.00%	+4.50%	+0.49	2 / 12
2021	+4.44%	+4.08%	+0.36	2 / 8
2020	+10.22%	+9.54%	+0.68	3 / 7
2019	+9.24%	+8.93%	+0.31	3 / 6
2018	+7.31%	+7.15%	+0.16	2 / 5
2017	+7.56%	+6.85%	+0.70	1 / 5
2016	+9.81%	+9.04%	+0.77	1 / 5

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+8.25%

153 windows

min 2.5% · max 10.5%

100% positive

3-Year rolling

+8.10%

129 windows

min 6.0% · max 9.9%

100% positive

5-Year rolling

+7.96%

105 windows

min 6.9% · max 9.2%

100% positive

7-Year rolling

+8.02%

80 windows

min 7.4% · max 9.1%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.06%

3-year · annualised

Sharpe ratio

1.32

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.45%

May 2026 → May 2026

% positive months

97.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Floater Fund

Scheme	Fund house	NAV	As of
HDFC Floating Rate Debt Fund - Direct Plan - Growth Option	HDFC	₹54.5064	17 Jul 2026
Nippon India Floater Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹50.6974	17 Jul 2026
SBI Floating Rate Debt Fund - Direct Plan - Growth	SBI	₹14.3830	17 Jul 2026
BANDHAN FLOATER FUND - DIRECT PLAN GROWTH	Bandhan	₹14.1339	17 Jul 2026
Aditya Birla Sun Life Floating Rate Fund-Direct Plan-Growth	Aditya Birla Sun Life	₹381.8577	17 Jul 2026
Franklin India Floating Rate Fund - Direct - Growth	Franklin India	₹47.7668	17 Jul 2026
KOTAK FLOATING RATE FUND-DIRECT PLAN-GROWTH OPTION	Kotak	₹1,656.3700	17 Jul 2026
DSP Floater Fund - Direct Plan - Growth	DSP	₹14.2412	17 Jul 2026
UTI - Floater Fund - Direct Plan - Growth Option	UTI	₹1,670.1013	17 Jul 2026
Axis Floater Fund - Direct Plan - Growth	Axis	₹1,416.0923	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹498.3432
16 Jul 2026	₹498.1652
15 Jul 2026	₹497.8836
14 Jul 2026	₹497.6334
13 Jul 2026	₹498.3954
10 Jul 2026	₹498.3302
9 Jul 2026	₹497.9442
8 Jul 2026	₹497.7059
7 Jul 2026	₹498.6041
6 Jul 2026	₹498.6457

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of ICICI Prudential Floating Interest Fund - Direct Plan - Growth is ₹498.3432. It's a Floater Fund from ICICI Prudential, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Floating Interest Fund - Direct Plan - Growth has NAV history starting from 02 Jan 2013, a track record of about 13 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

ICICI Prudential Floating Interest Fund - Direct Plan - Growth is managed by ICICI Prudential. It's classified by AMFI under the 'Floater Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Floating Interest Fund - Direct Plan - Growth has delivered a absolute return of 6.87% — +0.64 pp ahead of the Floater Fund category average of 6.23%. The fund ranks #1 of 12 in its category — the top (Q1) quartile.

Over the trailing 3-year window, ICICI Prudential Floating Interest Fund - Direct Plan - Growth has delivered a CAGR of 8.17% — +0.29 pp ahead of the Floater Fund category average of 7.88%. The fund ranks #3 of 12 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ICICI Prudential Floating Interest Fund - Direct Plan - Growth has delivered a CAGR of 7.23% — +0.37 pp ahead of the Floater Fund category average of 6.86%. The fund ranks #1 of 12 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Floating Interest Fund - Direct Plan - Growth exactly 10 years ago would be worth approximately ₹211,070 today — a multiplier of 2.11×, based on the 10-year CAGR of 7.76%. The category average over the same window would have grown ₹1 lakh to ₹203,166.

A ₹10,000 monthly SIP in ICICI Prudential Floating Interest Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹731,366 today. That's an XIRR (money-weighted annualised return) of 7.85%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Floating Interest Fund - Direct Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹1,778,041 (multiplier 1.48×). XIRR: 7.63%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Floating Interest Fund - Direct Plan - Growth ranks #1 out of 12 funds in the Floater Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 6.86%; this fund delivered 7.23%.

The worst peak-to-trough decline ICICI Prudential Floating Interest Fund - Direct Plan - Growth has experienced over the last 5-year window is 0.86% — its NAV fell from a high on 02 May 2022 to a low on 28 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Floating Interest Fund - Direct Plan - Growth averaged 7.96% (best 9.21%, worst 6.90%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.42 — weak risk-adjusted performance.

In calendar year 2025, ICICI Prudential Floating Interest Fund - Direct Plan - Growth returned 8.38% — beating the Floater Fund category average of 8.03% by 0.34 pp. It ranked #3 of 12 in its category that year.

ICICI Prudential Floating Interest Fund - Direct Plan - Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. ICICI Prudential Floating Interest Fund - Direct Plan - Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.9%. 5-year CAGR: 7.23%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

ICICI Prudential Floating Interest Fund - Direct Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Floater Fund

Recent NAVs

Frequently asked questions

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