Debt Floating Rate Low to Moderate Risk
To generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.
Expert-managed portfolios tailored to your financial goals.
Estimation is based on the past performance
| Floating Rate | 1M | 3M | 6M | 9M | 1Y | 2Y | 3Y | 4Y | 5Y | 10Y | ALL |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund returns | 0.49% | 1.09% | 2.27% | 4.27% | 5.85% | 7.24% | 7.46% | 7.37% | 6.42% | 6.98% | 7.57% |
| Category returns | 0.42% | 1.01% | 2.18% | 3.98% | 5.03% | 7.21% | 7.28% | 7.09% | 6.24% | 6.87% | N/A |
| Absolute returns | 0.49% | 1.09% | 2.27% | 4.27% | 5.85% | 15.01% | 24.1% | 32.99% | 36.56% | 96.35% | 347.99% |
| Rank within category | 5 | 5 | 6 | 1 | 1 | 6 | 4 | 1 | 2 | 3 | N/A |
| Total Schemes in Category | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 10 | 5 | N/A |
| Floating Rate | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Yearly returns | 8.88% | 6.76% | 6.61% | 8.42% | 9.48% | 3.79% | 4.26% | 7.75% | 7.99% | 7.73% | 2.08% |
| Q1 returns | 2.14% | 2.12% | 1.86% | 2.07% | 1.58% | 0.25% | 0.46% | 1.7% | 1.97% | 1.92% | 1.06% |
| Q2 returns | 2.07% | 1.79% | 1.01% | 1.69% | 2.84% | 1.57% | -0.45% | 2.01% | 1.89% | 2.45% | 1.01% |
| Q3 Returns | 2.5% | 1.65% | 1.6% | 2.19% | 2.23% | 1.94% | 3.04% | 2.44% | 2.16% | 1.35% | N/A |
| Q4 Returns | 1.89% | 1.04% | 1.99% | 2.23% | 2.52% | -0% | 1.18% | 1.38% | 1.75% | 1.8% | N/A |
Expense ratio: 0.76%
Inclusive of GST
Exit load
Nil
| Alpha | 0.0855517 |
| Beta | 0.8858 |
| Sharpe Ratio | 0.261646 |
| Sortino Ratio | 0.266642 |
| R-Squared | 0.3741 |
| Tracking Error | 0.195 |
| Downside Risk | 0.5678 |
| Std. Deviation (Annualised) | 0.8504 |
| Floating Rate | 1M | 3M | 6M | 9M | 1Y | 3Y | 5Y | 10Y | ALL | Fund Size (Cr) | Expense Ratio | Sharpe | Risk |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Floater Fund - Regular Plan - Growth | 0.58% | 1.08% | 2.49% | 4.21% | 3.86% | 7.55% | 0% | 0% | 6.6% | 143.43 | 0.50 | 0.13 | Moderately High |
| HDFC Floating Rate Debt Fund - Growth | 0.5% | 1.05% | 2.26% | 4.12% | 5.48% | 7.5% | 6.54% | 7.13% | 7.72% | 16,405.20 | 0.54 | 0.30 | Moderate |
| DSP Floater Fund - Regular Plan - Growth | 0.53% | 0.66% | 1.61% | 3.22% | 4.26% | 7.46% | 6.24% | 0% | 6.37% | 322.75 | 0.45 | 0.20 | Moderate |
| ICICI Prudential Floating Interest Fund - Growth Current | 0.49% | 1.09% | 2.27% | 4.27% | 5.85% | 7.46% | 6.42% | 6.98% | 7.57% | 7,567.21 | 0.76 | 0.26 | Low to Moderate |
| SBI Floating Rate Debt Fund - Regular plan - Growth | 0.31% | 1.29% | 2.76% | 4.15% | 5.43% | 7.45% | 6.41% | 0% | 6.21% | 674.97 | 0.56 | 0.27 | Moderate |
| Franklin India Floating Rate Fund - Growth | 0.12% | 0.83% | 2.33% | 4.09% | 5.17% | 7.45% | 6.29% | 6.23% | 5.97% | 293.31 | 0.84 | 0.23 | Moderate |
| Kotak Floating Rate Fund - Regular Plan - Growth | 0.33% | 0.69% | 1.94% | 3.81% | 5.32% | 7.38% | 6.24% | 0% | 6.79% | 3,128.34 | 0.63 | 0.23 | Moderate |
| Aditya Birla Sun Life Floating Rate Fund - Growth | 0.35% | 1.19% | 2.29% | 4.13% | 5.63% | 7.24% | 6.4% | 7.06% | 7.84% | 13,444.60 | 0.36 | 0.28 | Low to Moderate |
| Nippon India Floater Fund - Growth | 0.49% | 0.76% | 1.68% | 3.62% | 4.68% | 7.16% | 6.16% | 6.97% | 7.41% | 7,522.06 | 0.65 | 0.14 | Moderate |
| Bandhan Floater Fund - Regular Plan - Growth | 0.58% | 1.26% | 2.13% | 3.92% | 4.74% | 7.06% | 5.99% | 0% | 5.89% | 217.42 | 0.62 | 0.11 | Moderate |
| Instrument Allocation | Instrument | Assets % |
|---|---|---|
|
|
Government Securities | 15.65% |
| Corporate Debt | 67.70% | |
| Certificate of Deposit | 6.90% | |
| PTC & Securitized Debt | 6.40% | |
| Cash & Cash Equivalents and Net Assets | 2.88% | |
| Alternative Investment Fund | 0.46% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 99.54% | |
| Financial Services | 0.46% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| 6.75% Government Securities | Government Securities | 4.74% | |
| 7.53% NABARD ** | Corporate Debt | 3.68% | |
| 7.42% Citicorp Finance (India) Ltd. ** | Corporate Debt | 3.45% | |
| 7.95% Tata Capital Financial Services Ltd. ** | Corporate Debt | 3.29% | |
| 7.44% Rural Electrification Corporation Ltd. ** | Corporate Debt | 2.96% | |
| 7.58% LIC Housing Finance Ltd. ** | Corporate Debt | 2.63% | |
| 7.24% State Government of Bihar | Government Securities | 2.60% | |
| 7.37% State Government of Karnataka | Government Securities | 2.60% | |
| 7.8% LIC Housing Finance Ltd. ** | Corporate Debt | 2.50% | |
| HDFC Bank Ltd. ** | Certificate of Deposit | 2.49% | |
| 7.34% Small Industries Development Bank Of India. ** | Corporate Debt | 2.48% | |
| Siddhivinayak Securitisation Trust ** | PTC & Securitized Debt | 2.29% | |
| Shivshakti Securitisation Trust ** | PTC & Securitized Debt | 2.28% | |
| 7.38% Mahindra & Mahindra Financial Services Ltd. ** | Corporate Debt | 1.99% | |
| 7.25% ICICI Home Finance Company Ltd. | Corporate Debt | 1.98% | |
| 7.71% Rural Electrification Corporation Ltd. ** | Corporate Debt | 1.98% | |
| 7.9% Mahindra & Mahindra Financial Services Ltd. ** | Corporate Debt | 1.98% | |
| 7.19% Jio Credit Ltd ** | Corporate Debt | 1.95% | |
| Net Current Assets | Cash & Cash Equivalents and Net Assets | 1.88% | |
| 7.44% NABARD | Corporate Debt | 1.77% | |
| 6.52% Rural Electrification Corporation Ltd. ** | Corporate Debt | 1.75% | |
| 6.45% Government Securities | Government Securities | 1.66% | |
| 8.25% Mahindra & Mahindra Financial Services Ltd. ** | Corporate Debt | 1.65% | |
| 7.13% ICICI Home Finance Company Ltd. ** | Corporate Debt | 1.65% | |
| 7.04% Small Industries Development Bank Of India. ** | Corporate Debt | 1.61% | |
| 7.27% Axis Bank Ltd. ** | Corporate Debt | 1.60% | |
| 7.42% Small Industries Development Bank Of India. ** | Corporate Debt | 1.57% | |
| 7.7% NABARD ** | Corporate Debt | 1.32% | |
| 6.96% Power Finance Corporation Ltd. ** | Corporate Debt | 1.30% | |
| 7.33% State Government of Karnataka | Government Securities | 1.30% | |
| Bank Of Baroda ** | Certificate of Deposit | 1.26% | |
| Export-Import Bank Of India ** | Certificate of Deposit | 1.25% | |
| HDFC Bank Ltd. ** | Certificate of Deposit | 1.25% | |
| 6.64% Housing and Urban Development Corporation Ltd. ** | Corporate Debt | 1.17% | |
| 7.96% Pipeline Infrastructure Pvt Ltd. ** | Corporate Debt | 1.16% | |
| 7.6% Power Finance Corporation Ltd. ** | Corporate Debt | 1.12% | |
| 7.8% NABARD ** | Corporate Debt | 1.12% | |
| 7.42% Power Finance Corporation Ltd. ** | Corporate Debt | 1.05% | |
| 6.74% Small Industries Development Bank Of India. ** | Corporate Debt | 1.03% | |
| TREPS | Cash & Cash Equivalents and Net Assets | 1.00% | |
| 7.75% Small Industries Development Bank Of India. ** | Corporate Debt | 0.99% | |
| 7.79% Small Industries Development Bank Of India. ** | Corporate Debt | 0.99% | |
| 7.58% Summit Digitel Infrastructure Private Ltd. ** | Corporate Debt | 0.98% | |
| 6.98% Nexus Select Trust ** | Corporate Debt | 0.96% | |
| 7.34% State Government of Maharashtra | Government Securities | 0.92% | |
| 7.25% Mahindra Rural Housing Finance Ltd. ** | Corporate Debt | 0.92% | |
| 7.12% Oriental InfraTrust ** | Corporate Debt | 0.88% | |
| 8.4% DLF Cyber City Developers Ltd. ** | Corporate Debt | 0.79% | |
| 7.62% NABARD ** | Corporate Debt | 0.79% | |
| 8.4% Altius Telecom Infrastructure Trust. ** | Corporate Debt | 0.66% | |
| 7.18% Power Finance Corporation Ltd. ** | Corporate Debt | 0.66% | |
| 7.49% Small Industries Development Bank Of India. ** | Corporate Debt | 0.65% | |
| 6.92% Power Finance Corporation Ltd. ** | Corporate Debt | 0.65% | |
| 6.95% Rural Electrification Corporation Ltd. ** | Corporate Debt | 0.65% | |
| 7.24% State Government of Maharashtra | Government Securities | 0.64% | |
| Bank Of Baroda ** | Certificate of Deposit | 0.63% | |
| 7.35% Bharti Telecom Ltd. ** | Corporate Debt | 0.59% | |
| India Universal Trust AL2 ** | PTC & Securitized Debt | 0.57% | |
| 7.25% Export-Import Bank Of India ** | Corporate Debt | 0.53% | |
| 7.3108% ICICI Home Finance Company Ltd. ** | Corporate Debt | 0.53% | |
| 7.54% State Government of Rajasthan | Government Securities | 0.51% | |
| Sansar Trust ** | PTC & Securitized Debt | 0.50% | |
| 7.22% EMBASSY OFFICE PARKS REIT ** | Corporate Debt | 0.48% | |
| Corporate Debt Market Development Fund (Class A2) | Financial Services | Alternative Investment Fund | 0.46% |
| 7.5378% Knowledge Realty Trust Ltd ** | Corporate Debt | 0.46% | |
| India Universal Trust AL2 ** | PTC & Securitized Debt | 0.41% | |
| 7.45% Bharti Telecom Ltd. ** | Corporate Debt | 0.39% | |
| 6.48% Government Securities | Government Securities | 0.33% | |
| 8.22% NABARD ** | Corporate Debt | 0.33% | |
| 7.23% Power Finance Corporation Ltd. ** | Corporate Debt | 0.33% | |
| 7.51% Small Industries Development Bank Of India. ** | Corporate Debt | 0.33% | |
| 7.21% EMBASSY OFFICE PARKS REIT ** | Corporate Debt | 0.33% | |
| 6.07% NABARD ** | Corporate Debt | 0.32% | |
| 7.47% State Government of Karnataka | Government Securities | 0.29% | |
| 7.2% Knowledge Realty Trust Ltd ** | Corporate Debt | 0.29% | |
| Sansar Trust June 2024 A1 ** | PTC & Securitized Debt | 0.27% | |
| 8.09% Rural Electrification Corporation Ltd. ** | Corporate Debt | 0.13% | |
| 8.06% Rural Electrification Corporation Ltd. ** | Corporate Debt | 0.13% | |
| 7.15% Power Finance Corporation Ltd. ** | Corporate Debt | 0.13% | |
| India Universal Trust AL2 ** | PTC & Securitized Debt | 0.08% | |
| 8.1% Bajaj Housing Finance Ltd. ** | Corporate Debt | 0.07% | |
| 7.24% State Government of Rajasthan | Government Securities | 0.06% | |
| Indian Bank ** | Certificate of Deposit | 0.03% | |
| 8.46% HDFC Bank Ltd. | Corporate Debt | 0.01% | |
| Total | 100.00% |
AMC
RETURNS
It is an Open ended scheme that primarily invests in Floating Rate.
To generate income through investing predominantly in floating rate instruments while maintaining the optimum balance of yield, safety and liquidity.
The scheme benchmark is the Nifty Short Duration Debt Index
It is classified as Low to Moderate Risk, suitable for investors with a Low to Moderate risk appetite.
Returns Delivered by the funds are as follows:
1-year: 5.85%
3-year: 7.46%
5-year: 6.43%
Top holdings include names such as:
The NAV is around ₹447.99 (approx.) for the ICICI Prudential Floating Interest Fund - Growth.
The fund’s AUM is approximately ₹7,567 Cr.
The expense ratio for the Regular Plan is 0.76.
Nil.
Minimum SIP starts at ₹100.
The minimum lump sum investment is ₹500. Often platforms may require higher in practice, but the statutory minimum remains the same.
You can start a SIP through:
Broker/agent platform like Sharescart.
Enter KYC details, choose the Regular Growth option, set SIP amount/frequency, and submit.
Yes. You can modify your SIP amount or frequency anytime online through the Sharescart platform.
You can redeem online via the Sharescart platform — choose the scheme, select the amount/units, and submit. Proceeds are credited to your bank account.
The fund managers: Ritesh Lunawat, Darshil Dedhia
This fund is suitable for investors with a Low to Moderate risk tolerance.
Get personalized Portfolio Management Services designed to grow and protect your wealth.
ChatGPT
Claude
Perplexity
