ICICI Prudential Floating Interest Rates Fund
Other options
The page shows the Growth option. The Regular plan’s other options have their own codes.
| Option | AMFI code | ISIN |
|---|---|---|
| Growth (this page) | 101802 | INF109K01AX1 |
| IDCW | 101804 | INF109K01AW3 |
| IDCW | 111545 | INF109K01AY9, INF109K01EN4 |
| IDCW | 115510 | INF109K01WP1, INF109K01WQ9 |
Floating Interest Rates Fund
ICICI Prudential Mutual Fund
Open-ended. Launched on 17 Nov 2005.
- NAV
- Data delayed
- AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
- ₹8,658 cr
- 30 Sep 2026
- SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.
- ₹100
- a month
- BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
- NIFTY Short Duration Debt Index A-II
- as the SID names it
- Riskometer
- Moderate
- read by Felix on 28 Oct 2026
The SID and KIM are the final reference for every fact on this page.
The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.
Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
1 change in the last 12 months: SEBI renamed its category from Floater Fund to Floating Interest Rates Fund, 26 Feb 2026. See what changed
What it is
SEBI’s rule for a Floating Interest Rates Fund: at least 65% in floating-rate instruments, counting fixed-rate ones swapped to a floating rate. Source: SEBI
What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.
Source: the SID’s asset allocation, from fund house disclosures.
Potential risk class (PRC)
PRC Potential risk class: the most interest-rate risk and credit risk a debt scheme may take, on SEBI’s three-by-three grid, as its SID states it.as the SID states it| Interest-rate risk | Credit risk relatively low (A) | Moderate (B) | Relatively high (C) |
|---|---|---|---|
| Relatively low (I) | |||
| Moderate (II) | |||
| Relatively high (III) | B-III |
Riskometer
The risk of the scheme is Moderate
As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, ICICI Prudential Mutual Fund
- Low
- Low to Moderate
- Moderate
- Moderately High
- High
- Very High
Benchmark: NIFTY Short Duration Debt Index A-II. Its riskometer is published monthly by the fund house: Riskometer disclosures, ICICI Prudential Mutual Fund
Source: fund houses’ disclosures.
Who runs it
Darshil Dedhiasince 12 Jun 2023
Fund manager
Also manages ICICI Prudential Arbitrage Fund, ICICI Prudential Children's Fund, ICICI Prudential CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, ICICI Prudential Liquid Fund, ICICI Prudential Nifty G-Sec Dec 2030 Index Fund, ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund, ICICI Prudential Nifty SDL Dec 2028 Index Fund, ICICI Prudential Nifty SDL Sep 2027 Index Fund, ICICI Prudential Overnight Fund, ICICI Prudential Retirement Fund - Hybrid Aggressive Plan, ICICI Prudential Retirement Fund - Hybrid Conservative Plan, ICICI Prudential Retirement Fund - Pure Debt Plan, ICICI Prudential Retirement Fund - Pure Equity Plan, ICICI Prudential Ultra Short to Short Term Fund
Ritesh Lunawatsince 13 Sep 2024
Fund manager
Also manages ICICI Prudential Aggressive Hybrid Active FoF, ICICI Prudential Corporate Bond Fund, ICICI Prudential Diversified Debt Strategy Active FoF, ICICI Prudential Dynamic Asset Allocation Active FoF, ICICI Prudential Dynamic Asset Allocation Passive FoF, ICICI Prudential Equity Savings Fund, ICICI Prudential Global Stable Equity Fund (FOF), ICICI Prudential Income Plus Arbitrage Omni FoF, ICICI Prudential Medium to Long Term Fund, ICICI Prudential Passive Multi-Asset FoF, ICICI Prudential Ultra Short Term Fund, ICICI Prudential US Bluechip Equity Fund
Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.
Codes and identity
from the SID and AMFI- Fund house
- ICICI Prudential Mutual Fund
- SEBI category
- Floating Interest Rates Fund
- Plan and option
- Regular plan – Growth
- Structure
- Open-ended
- Launched
- 17 Nov 2005
- AMFI code, Growth
- 101802
- ISIN, Growth
- INF109K01AX1
- IDCW INF109K01AW3
- IDCW INF109K01AY9, INF109K01EN4
- IDCW INF109K01WP1, INF109K01WQ9
- Registrar
- CAMS
- Fund house website
- icicipruamc.com ↗
ISINs of the IDCW options
ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund runs 111 schemes in their Regular plan: 36 equity, 16 debt, 7 hybrid, 24 index funds and ETFs, 28 other.
34 fund managers, in their current schemes for 3 years 2 months on average.
8 schemes launched in the last 12 months.
- All 111 schemes
- icicipruamc.com
- Registrar: CAMS
Source: fund houses’ disclosures, as of 28 Oct 2026.
Buying and selling
- SIP from
- ₹100, as the KIM states it
- Entry load
- Nil, since 1 Aug 2009
- Stamp duty
- 0.005% of the amount invested, since 1 Jul 2020
- Applicable NAV
- That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
- Redemption money
- Within 3 working days of the redemption request
Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.
The category: Floating Interest Rates Fund
All 12 schemesSchemes 2 to 11 of 12, A to Z; this scheme is marked.Schemes 5 to 9 of 12, A to Z; this scheme is marked.
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Axis Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 149 | 1,000 | 2021 |
| Bandhan Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 224 | 100 | 2021 |
| DSP Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 316 | 100 | 2021 |
| Franklin India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 256 | 500 | 2001 |
| HDFC Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 15,659 | 100 | 2007 |
| ICICI Prudential Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 8,658 | 100 | 2005 |
| Kotak Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 3,240 | 100 | 2019 |
| Nippon India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 7,461 | 100 | 2004 |
| SBI Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 676 | 500 | 2020 |
| Tata Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 114 | 500 | 2021 |
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Franklin India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 256 | 500 | 2001 |
| HDFC Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 15,659 | 100 | 2007 |
| ICICI Prudential Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 8,658 | 100 | 2005 |
| Kotak Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 3,240 | 100 | 2019 |
| Nippon India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 7,461 | 100 | 2004 |
Show all 12 schemes
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Floating Interest Rate Fund | NIFTY Low Duration Debt Index A-I | 12,971 | 1,000 | 2009 |
| Axis Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 149 | 1,000 | 2021 |
| Bandhan Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 224 | 100 | 2021 |
| DSP Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 316 | 100 | 2021 |
| Franklin India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 256 | 500 | 2001 |
| HDFC Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 15,659 | 100 | 2007 |
| ICICI Prudential Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 8,658 | 100 | 2005 |
| Kotak Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 3,240 | 100 | 2019 |
| Nippon India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 7,461 | 100 | 2004 |
| SBI Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 676 | 500 | 2020 |
| Tata Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 114 | 500 | 2021 |
| UTI Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 1,506 | 500 | 2018 |
Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.
What changed
- 26 Feb 2026SEBI renamed its category from Floater Fund to Floating Interest Rates Fund
- 13 Sep 2024Ritesh Lunawat became a fund manager
- 12 Jun 2023Darshil Dedhia became a fund manager
- 17 Nov 2005Launched
- 17 Nov 2005NFO closed
- 17 Nov 2005NFO opened
Source: fund house disclosures and SEBI.
Documents
KIM Key information memorandum: the short summary of the SID that comes with every application form.ICICI Prudential Mutual Fund publishes the scheme’s documents on its website:
- Scheme information document (SID)
- Key information memorandum (KIM)
- Monthly factsheet
- Monthly portfolio disclosure
Felix links to the fund house’s own copies and never copies them.
Questions about this fund
Who manages it, and since when?
Darshil Dedhia, since 12 Jun 2023 (Fund manager); Ritesh Lunawat, since 13 Sep 2024 (Fund manager). Source: ICICI Prudential Mutual Fund’s disclosures.
What is the minimum SIP?
₹100 a month, as of 28 Oct 2026, from the fund house’s documents.
What is its benchmark?
NIFTY Short Duration Debt Index A-II, as the SID names it. Felix shows the benchmark by name only.
When was it launched, and what was it called before?
It was launched on 17 Nov 2005.
How do I invest in it?
Read the SID and KIM on ICICI Prudential Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.
What does “Regular plan – Growth” mean?
The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.
Where are its documents?
On ICICI Prudential Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Data on this page
| Block | Source | For |
|---|---|---|
| Assets | Fund houses’ disclosures, at month-end | 30 Sep 2026 |
| Minimums | Fund house documents, as read by Felix | 28 Oct 2026 |
| Riskometer | Fund houses’ disclosures, as read by Felix | 28 Oct 2026 |
| Asset allocation | The SID, from fund house disclosures | 28 Oct 2026 |
| Fund managers | Fund house disclosures | 28 Oct 2026 |
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The SID and KIM are the final reference for every fact on this page.