Nippon India Floater Fund vs ICICI Prudential Floating Interest Fund
Updated June 2026 · both Floater funds · metrics from AMFI NAVs
In short: ICICI Prudential Floating Interest Fund has the higher 3-year return (+8.26%); ICICI Prudential Floating Interest Fund has the lower expense ratio (0.30%); ICICI Prudential Floating Interest Fund has the better risk-adjusted return (Sharpe -0.08). This is analysis from past data, not a recommendation.
| Metric | Nippon India Floater Fund | ICICI Prudential Floating Interest Fund |
|---|---|---|
| 1Y return | +5.39% | +6.66% |
| 3Y CAGR | +7.63% | +8.26% |
| 5Y CAGR | +6.54% | +7.16% |
| Sharpe ratio | -0.71 | -0.08 |
| Max drawdown | -0.6% | -0.9% |
| Volatility | 1.1% | 1.1% |
| Alpha | +0.28% | +0.85% |
| Expense ratio (Direct) | 0.35% | 0.30% |
| AUM | ₹8.2K Cr | ₹7.3K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
ICICI Prudential Floating Interest Fund has the lower Direct-plan expense ratio (0.30%), versus 0.35% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
ICICI Prudential Floating Interest Fund has the higher 3-year CAGR (+8.26%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.