ICICI Prudential Corporate Bond Fund vs ICICI Prudential Floating Interest Rates Fund
Direct Plan, Growth option · Data as on 30-10-2026
ICICI Prudential Corporate Bond Fund is a Corporate Bond fund and ICICI Prudential Floating Interest Rates Fund is a Floater fund. In the 3 years to 30-10-2026, ICICI Prudential Corporate Bond Fund (Direct) returned 7.0% a year and ICICI Prudential Floating Interest Rates Fund (Direct) returned 7.5% a year. ICICI Prudential Corporate Bond Fund charges 0.37% a year and ICICI Prudential Floating Interest Rates Fund 0.29% (Direct plans). Their portfolios overlap 31.3%: they hold 48 of the same securities.
ICICI Prudential Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.0%
- Expense ratio
- 0.37%
- NAV
- ₹33.35
ICICI Prudential Floating Interest Rates Fund
Floater
- 3 year return
- 7.5%
- Expense ratio
- 0.29%
- NAV
- ₹501.30
Which is better, ICICI Prudential Corporate Bond or ICICI Prudential Floating Interest Rates? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Floating Interest Rates returned more over 5 years: 7.0% a year against 6.6%.
- ICICI Prudential Floating Interest Rates returned more over 3 years: 7.5% a year against 7.0%.
- ICICI Prudential Floating Interest Rates costs less: 0.29% a year against 0.37% (Direct plans).
- ICICI Prudential Floating Interest Rates swung less over 3 years: a standard deviation of 0.8% a year against 1.0%.
- ICICI Prudential Floating Interest Rates fell less in its worst fall since 03-01-2013: −1.8% against −2.0%.
- ICICI Prudential Corporate Bond is the larger fund: ₹28,385 Cr against ₹8,658 Cr.
- Their portfolios overlap 31.3%: 48 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | ICICI Prudential Corporate Bond Fund | ICICI Prudential Floating Interest Rates Fund |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Corporate Bond | Floater |
| AUM | ₹28,385 Cr (30-09-2026) | ₹8,658 Cr (30-09-2026) |
| NAV | ₹33.35 (Direct) | ₹501.30 (Direct) |
| Expense ratio (Direct) | 0.37% | 0.29% |
| Expense ratio (Regular) | 0.60% | 0.85% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | NIFTY Low Duration Debt Index A-I |
| Launch date | Not available | 17-11-2005 |
| Minimum investment | Not available | ₹500 |
| Lock in | Not available | None |
| Fund managers | Not available | Darshil Dedhia, Ritesh Lunawat |
| Exit load | Not available | Nil |
ICICI Prudential Corporate Bond vs ICICI Prudential Floating Interest Rates: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Corporate Bond Fund (Direct) | −0.49% | −0.28% | +2.12% | +4.18% | +7.00% | +6.57% | +7.24% |
| ICICI Prudential Floating Interest Rates Fund (Direct) | −0.23% | +0.39% | +2.53% | +5.56% | +7.53% | +6.97% | +7.52% |
| Corporate Bond average | −0.24% | +0.05% | +2.31% | +4.00% | +7.02% | +6.20% | +6.98% |
| Floater average | −0.01% | +0.56% | +2.76% | +5.43% | +7.47% | +6.73% | +7.16% |
Category average: the average of the 21 Corporate Bond funds and the 12 Floater funds, same plan type.
ICICI Prudential Corporate Bond vs ICICI Prudential Floating Interest Rates: Year-wise Returns
| Year | Corporate BondICICI Prudential Corporate Bond | Floating Interest RatesICICI Prudential Floating Interest Rates |
|---|---|---|
| 2026to date | +3.25% | +4.26% |
| 2025 | +8.19% | +8.41% |
| 2024 | +8.28% | +8.68% |
| 2023 | +7.83% | +8.46% |
| 2022 | +4.78% | +5.00% |
| 2021 | +4.44% | +4.54% |
ICICI Prudential Corporate Bond vs ICICI Prudential Floating Interest Rates: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,618 of them, one for each trading day from 04-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
ICICI Prudential Corporate Bond Fund (Direct)
ICICI Prudential Floating Interest Rates Fund (Direct)
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Corporate Bond | 0.0 | 0.0 | 96.0 | 4.0 | 0.0 | 0.0 | 0.0 | 8.0% | 8.0% | 5.5% | 10.5% |
| ICICI Prudential Floating Interest Rates | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8.1% | 8.3% | 6.0% | 10.0% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 03-01-2013. Past returns do not promise future returns.
ICICI Prudential Corporate Bond vs ICICI Prudential Floating Interest Rates: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| ICICI Prudential Corporate BondICICI Prudential Corporate Bond Fund (Direct) | ₹16,60,000 | ₹28,36,806 | ₹11,76,806 | 7.4% |
| ICICI Prudential Floating Interest RatesICICI Prudential Floating Interest Rates Fund (Direct) | ₹16,60,000 | ₹28,94,539 | ₹12,34,539 | 7.7% |
ICICI Prudential Corporate BondICICI Prudential Corporate Bond Fund (Direct)
ICICI Prudential Floating Interest RatesICICI Prudential Floating Interest Rates Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
ICICI Prudential Corporate Bond vs ICICI Prudential Floating Interest Rates: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | ICICI Prudential Corporate Bond Fund (Direct) | ICICI Prudential Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.18% | +5.56% |
| Standard deviation | 1.39% | 1.02% |
| Sharpe ratio | -0.77 | 0.31 |
| Sortino ratio | -1.03 | 0.45 |
| Maximum drawdown | −1.0% (23-10-2026) | −0.5% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Corporate Bond Fund (Direct) | ICICI Prudential Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.00% | +7.53% |
| Standard deviation | 1.01% | 0.77% |
| Sharpe ratio | 0.97 | 1.95 |
| Sortino ratio | 1.40 | 3.11 |
| Maximum drawdown | −1.0% (23-10-2026) | −0.5% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Corporate Bond Fund (Direct) | ICICI Prudential Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.57% | +6.97% |
| Standard deviation | 0.97% | 0.90% |
| Sharpe ratio | 0.79 | 1.29 |
| Sortino ratio | 1.09 | 1.95 |
| Maximum drawdown | −1.0% (23-10-2026) | −0.9% (28-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | ICICI Prudential Corporate Bond Fund (Direct) | ICICI Prudential Floating Interest Rates Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.94% | +8.11% |
| Standard deviation | 1.17% | 0.93% |
| Sharpe ratio | 1.61 | 2.21 |
| Sortino ratio | 2.51 | 3.71 |
| Maximum drawdown | −2.0% (23-03-2020) | −1.8% (26-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
ICICI Prudential Corporate Bond Fund (Direct)
ICICI Prudential Floating Interest Rates Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| ICICI Prudential Corporate Bond Fund (Direct) | −2.0% | 09-03-2020 | 23-03-2020 | 17-04-2020 | 25 days | −0.8% |
| ICICI Prudential Floating Interest Rates Fund (Direct) | −1.8% | 05-03-2020 | 26-03-2020 | 31-03-2020 | 5 days | −0.3% |
From daily values since 03-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Corporate Bond Fund (Direct)
ICICI Prudential Floating Interest Rates Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Corporate Bond Fund (Direct)
ICICI Prudential Floating Interest Rates Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
ICICI Prudential Corporate Bond Fund (Direct)
ICICI Prudential Floating Interest Rates Fund (Direct)
ICICI Prudential Corporate Bond vs ICICI Prudential Floating Interest Rates: Portfolio Overlap
From each fund's latest monthly portfolio: ICICI Prudential Corporate Bond Fund, September 2026; ICICI Prudential Floating Interest Rates Fund, September 2026
Holdings in common
- Overlap
- 31.3%
- Held by both
- 48
- Only in ICICI Prudential Corporate Bond
- 113
- Only in ICICI Prudential Floating Interest Rates
- 37
| Security | % of ICICI Prudential Corporate Bond | % of ICICI Prudential Floating Interest Rates |
|---|---|---|
| LIC Housing Finance Ltd. | 5.11% | 2.71% |
| NABARD | 2.62% | 4.95% |
| Shivshakti Securitisation Trust | 3.03% | 1.93% |
| NABARD | 2.40% | 1.55% |
| Small Industries Development Bank Of India. | 1.43% | 2.17% |
| Small Industries Development Bank Of India. | 2.58% | 1.41% |
| Siddhivinayak Securitisation Trust | 3.20% | 1.38% |
| Axis Bank Ltd. | 1.66% | 1.38% |
| Power Finance Corporation Ltd. | 1.23% | 2.59% |
| Government Securities | 5.51% | 1.15% |
| Tata Capital Financial Services Ltd. | 1.05% | 2.88% |
| Government Securities | 1.04% | 4.16% |
| Housing and Urban Development Corporation Ltd. | 1.04% | 1.02% |
| Mahindra & Mahindra Financial Services Ltd. | 0.88% | 1.73% |
| ICICI Home Finance Company Ltd. | 0.70% | 1.73% |
| NABARD | 1.02% | 0.69% |
| MINDSPACE BUSINESS PARKS REIT | 0.61% | 1.15% |
| Citicorp Finance (India) Ltd. | 0.58% | 3.02% |
| Power Finance Corporation Ltd. | 0.51% | 2.52% |
| Power Finance Corporation Ltd. | 0.44% | 0.92% |
| Pipeline Infrastructure Pvt Ltd. | 0.42% | 1.02% |
| Small Industries Development Bank Of India. | 0.39% | 0.87% |
| ICICI Home Finance Company Ltd. | 0.35% | 1.16% |
| ICICI Home Finance Company Ltd. | 0.35% | 1.44% |
| Corporate Debt Market Development Fund (Class A2) | 0.35% | 0.41% |
| Small Industries Development Bank Of India. | 0.35% | 1.37% |
| Rural Electrification Corporation Ltd. | 0.35% | 1.54% |
| Oriental InfraTrust | 0.32% | 0.76% |
| Bharti Telecom Ltd. | 0.31% | 0.52% |
| Small Industries Development Bank Of India. | 0.93% | 0.29% |
| Small Industries Development Bank Of India. | 1.05% | 0.29% |
| Small Industries Development Bank Of India. | 0.28% | 0.87% |
| State Government of Rajasthan | 0.27% | 0.44% |
| Rural Electrification Corporation Ltd. | 0.26% | 2.31% |
| Power Finance Corporation Ltd. | 0.26% | 0.57% |
| EMBASSY OFFICE PARKS REIT | 0.26% | 0.42% |
| Nexus Select Trust | 0.26% | 0.84% |
| Knowledge Realty Trust Ltd | 0.31% | 0.26% |
| State Government of Karnataka | 0.77% | 0.25% |
| Bajaj Finance Ltd. | 0.23% | 2.27% |
| EMBASSY OFFICE PARKS REIT | 0.17% | 0.29% |
| SMFG India Home Finance Company Ltd. | 0.16% | 0.58% |
| Mahindra & Mahindra Financial Services Ltd. | 0.12% | 1.44% |
| Rural Electrification Corporation Ltd. | 0.09% | 2.59% |
| Rural Electrification Corporation Ltd. | 0.09% | 1.43% |
| Jio Credit Ltd | 0.09% | 1.71% |
| NABARD | 0.09% | 0.28% |
| Knowledge Realty Trust Ltd | 0.08% | 0.40% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 31.3% means 31.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in ICICI Prudential Corporate Bond Fund
| Security | % of fund |
|---|---|
| Government Securities | 2.40% |
| Government Securities | 1.72% |
| State Government of Madhya Pradesh | 1.67% |
| Jamnagar Utilities & Power Pvt. Ltd. | 1.60% |
| India Universal Trust AL1 | 1.58% |
Largest holdings only in ICICI Prudential Floating Interest Rates Fund
| Security | % of fund |
|---|---|
| State Government of Bihar | 2.28% |
| State Government of Karnataka | 2.26% |
| State Government of Tamil Nadu | 1.74% |
| NABARD | 1.73% |
| Government Securities | 1.45% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | ICICI Prudential Corporate Bond | ICICI Prudential Floating Interest Rates |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.9% | 95.7% |
| Cash and others | 5.1% | 4.3% |
ICICI Prudential Corporate Bond vs ICICI Prudential Floating Interest Rates: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | ICICI Prudential Corporate Bond Fund | ICICI Prudential Floating Interest Rates Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.37% | 0.29% |
| Base expense ratio (Direct) | 0.32% | 0.25% |
| Total expense ratio (Regular) | 0.60% | 0.85% |
| Base expense ratio (Regular) | 0.51% | 0.73% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare ICICI Prudential Corporate Bond with
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Compare ICICI Prudential Floating Interest Rates with
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ICICI Prudential Corporate Bond Fund vs ICICI Prudential Floating Interest Rates Fund: Frequently Asked Questions
What is the difference between ICICI Prudential Corporate Bond Fund and ICICI Prudential Floating Interest Rates Fund?
ICICI Prudential Corporate Bond Fund is a Corporate Bond fund, ICICI Prudential Floating Interest Rates Fund is a Floater fund, run by ICICI Prudential Mutual Fund. Their portfolios overlap 31.3%. ICICI Prudential Corporate Bond Fund charges 0.37% a year and ICICI Prudential Floating Interest Rates Fund 0.29%.
Which has given higher returns, ICICI Prudential Corporate Bond Fund or ICICI Prudential Floating Interest Rates Fund?
Over 1 year: ICICI Prudential Corporate Bond Fund +4.18%, ICICI Prudential Floating Interest Rates Fund +5.56%. Over 3 years: ICICI Prudential Corporate Bond Fund +7.00% a year, ICICI Prudential Floating Interest Rates Fund +7.53% a year. Over 5 years: ICICI Prudential Corporate Bond Fund +6.57% a year, ICICI Prudential Floating Interest Rates Fund +6.97% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, ICICI Prudential Corporate Bond Fund or ICICI Prudential Floating Interest Rates Fund?
ICICI Prudential Floating Interest Rates Fund charges less: 0.29% a year against 0.37%. These are the Direct plans' total expense ratios reported to AMFI.
How much do ICICI Prudential Corporate Bond Fund and ICICI Prudential Floating Interest Rates Fund overlap?
31.3%. They hold 48 of the same securities, the largest shared ones being LIC Housing Finance Ltd., NABARD, Shivshakti Securitisation Trust. From each fund's latest monthly portfolio.
Which is better for SIP, ICICI Prudential Corporate Bond Fund or ICICI Prudential Floating Interest Rates Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,23,643 in ICICI Prudential Corporate Bond Fund (XIRR 6.7% a year) and ₹7,35,452 in ICICI Prudential Floating Interest Rates Fund (XIRR 7.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both ICICI Prudential Corporate Bond Fund and ICICI Prudential Floating Interest Rates Fund?
Yes. 31.3% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.