NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹405.82
-0.01%
NAV as on 04 Dec 24, 12:00 AM
moderate risk
floating rate
debt
NAV as on 04 Dec 24, 12:00 AM
moderate risk
floating rate
debt
8.17%p.a.
Last 1Y
6.47%p.a.
Last 3Y
6.61%p.a.
Last 5Y
7.63%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Floating Interest Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Floating Rate mutual fund scheme that predominantly invests in Floating Rate stocks of companies. Launched on Nov 2005, ICICI Prudential Floating Interest Fund Growth is Floating Rate fund of its category with 8,787.07 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Floating Rate funds.
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.
7.93% Govt Stock 2033
37.11%
7.53% Govt Stock 2034
11.24%
LIC Housing Finance Limited
4.16%
Muthoot Finance Limited
2.86%
Bharti Telecom Limited
2.28%
Oberoi Realty Ltd.
2.27%
7.1% Govt Stock 2034
1.97%
Mankind Pharma Ltd
1.77%
Tata Housing Development Company Limited
1.71%
Tata Housing Development Company Limited 8.2175%
1.42%
View Scheme Document
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
---|---|---|
Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
moderate risk | debt
6.7%
moderate risk | debt
6.3%
moderate risk | debt
5.8%