HealthyDirect · GrowthFit for a long SIP
ICICI Prudential Floating Interest Rates Fund
ICICI Prudential Mutual FundIncome/Debt Oriented Schemes - Floating Interest Rates Fund13.8 years
- NAV
- 501.2995
- 30 Oct 2026
- 1Y
- +5.6%
- Trailing CAGR
- AUM
- ₹8,657.84 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 99% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.29% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -1.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
99% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 82.6% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.6%
- 3Y+7.5%
- 5Y+7.0%
- 10Y+7.5%
- SI+8.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.7%
- 3Y+6.8%
- 5Y+7.3%
- 10Y+7.3%
- Since inception
- +8.1%
- Calendar-day CAGR
- Excess 1Y
- +0.0%
- Category median, same plan and option
- 3Y win rate
- +99%
- Windows beating the median
- 3Y percentile
- 73
- Vs comparable share classes
- SIP 3Y XIRR
- +6.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.0%
- 2620 daily-ending windows
- Median rolling 3Y
- +8.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2137 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -1.8%
- Worst peak-to-trough
- Current
- -0.3%
- Below last peak
- Current spell
- 51 days
- Days below latest peak
- Time below peak
- +26%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 3 days
- 280 recovered episodes
- Longest recovery
- 31 days
- Trough to prior peak
5 Mar 2020 – 31 Mar 2020
Trough 26 Mar 2020 · recovered in 5 days
-1.8%
2 May 2022 – 14 Jul 2022
Trough 28 Jun 2022 · recovered in 16 days
-0.9%
23 Apr 2020 – 13 May 2020
Trough 28 Apr 2020 · recovered in 15 days
-0.7%
14 Feb 2022 – 25 Mar 2022
Trough 8 Mar 2022 · recovered in 17 days
-0.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
73
Vs category
50
Consistency
91
Risk-adjusted
100
Drawdown
95
Mean
82
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 99% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 87 holdings · top 10 are 82.6%.
- Top 5
- 69.9%
- Top 10
- 82.6%
- Largest holding
- 54.9%
- Effective holdings
- 3.1
Cash Margin
Unspecified
54.9%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC
Financial
5.0%
CENTRAL GOVERNMENT LOAN 23277 GOI 22SP33 FLT FV RS 100
Entities
4.2%
CITICORP FINANCE (INDIA) LIMITED SR 818 TR 1 RR NCD 12JU28 FVRS1LAC
Financial
3.0%
TATA CAPITAL FINANCIAL SERVICES LIMITED SR N 7.95 NCD 08FB28 FVRS10LAC
Financial
2.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Floating Interest Rates Fund
Axis Mutual Fund
- 1Y
- +6.1%
- 3Y
- +8.2%
- Vol
- 1.8%
- Max DD
- -1.3%
- Sharpe
- 0.59
- 3Y win
- +99%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
BANDHAN FLOATING INTEREST RATES FUND
Bandhan Mutual Fund
- 1Y
- +5.8%
- 3Y
- +7.6%
- Vol
- 0.8%
- Max DD
- -0.7%
- Sharpe
- 0.63
- 3Y win
- +13%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Franklin India Floating Interest Rates Fund
Franklin Templeton Mutual Fund
- 1Y
- +5.9%
- 3Y
- +7.9%
- Vol
- 0.6%
- Max DD
- -1.3%
- Sharpe
- 0.90
- 3Y win
- +28%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
Aditya Birla Sun Life Floating Interest Rate Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +5.6%
- 3Y
- +7.3%
- Vol
- 0.8%
- Max DD
- -1.8%
- Sharpe
- 2.19
- 3Y win
- +53%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
HDFC Floating Interest Rates Fund
HDFC Mutual Fund
- 1Y
- +5.2%
- 3Y
- +7.3%
- Vol
- 0.8%
- Max DD
- -1.3%
- Sharpe
- 2.30
- 3Y win
- +45%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns