Should I invest in ICICI Prudential Short Term Plan-Fortnightly Dividend?

We don't give personal investment advice. ICICI Prudential Short Term Plan-Fortnightly Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.6%. 5-year CAGR: -0.37%.

ICICI Prudential

ICICI Prudential Short Term Plan-Fortnightly Dividend

Latest NAV

₹12.2409

As of

16 Sep 2022

3,975 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.37%	-0.10%	-0.27	36 / 39	Q4
1W	-0.37%	+15.25%	-15.62	38 / 40	Q4
2W	-0.10%	+15.37%	-15.48	36 / 40	Q4
1M	-0.27%	+17.22%	-17.49	37 / 40	Q4
3M	+0.50%	+17.59%	-17.09	31 / 40	Q4
6M	-0.07%	+18.42%	-18.49	34 / 40	Q4
YTD	+0.05%	+18.02%	-17.98	32 / 40	Q4
1Y	-0.08%	+19.74%	-19.81	32 / 40	Q4
2Y	-0.05%	+8.37%	-8.42	33 / 40	Q4
3Y	-0.11%	+5.80%	-5.91	36 / 40	Q4
4Y	-0.08%	+4.99%	-5.07	37 / 39	Q4
5Y	-0.37%	+4.14%	-4.52	37 / 38	Q4
7Y	+0.19%	+2.94%	-2.75	30 / 37	Q4
10Y	+0.22%	+4.99%	-4.76	21 / 27	Q4
Inception	+0.81%	+1.94%	-1.14	29 / 40	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2022 YTD	+0.05%	+2.62%	-2.58	22 / 26
2021	-0.13%	+3.74%	-3.87	22 / 26
2020	-0.51%	+3.74%	-4.25	26 / 30
2019	+0.13%	+2.23%	-2.10	18 / 30
2018	-1.24%	+2.73%	-3.97	29 / 30
2017	-0.25%	+2.37%	-2.61	32 / 37
2016	+2.98%	+5.27%	-2.29	22 / 37
2015	+0.29%	-1.48%	+1.77	12 / 18
2014	+1.77%	+5.85%	-4.08	10 / 13
2013	-1.24%	+3.42%	-4.66	12 / 13
2012	+0.57%	+3.40%	-2.83	7 / 13

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.87%

189 windows

min -2.5% · max 10.1%

65% positive

3-Year rolling

+0.89%

165 windows

min -0.8% · max 3.5%

76% positive

5-Year rolling

+0.78%

140 windows

min -0.5% · max 2.2%

89% positive

7-Year rolling

+0.78%

116 windows

min 0.1% · max 1.7%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.31%

3-year · annualised

Sharpe ratio

-5.16

vs risk-free 6.5%

Sortino ratio

-7.43

Downside-only deviation

Max drawdown

-3.22%

Feb 2020 → Mar 2020

% positive months

44.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Fortnightly IDCW Option	HDFC	₹10.2008	12 Jun 2026
NIPPON INDIA SHORT DURATION FUND - IDCW Option	Nippon India	₹22.6050	12 Jun 2026
SBI SHORT HORIZON DEBT FUND-SHORT TERM FUND INSTTUTIONAL GROWTH	SBI	₹33.7145	12 Jun 2026
ICICI Prudential Short Term Plan - Div. Option	ICICI Prudential	₹12.1679	12 Jun 2026
Kotak Bond Short Term Plan-(Growth)	Kotak Mahindra	₹54.5470	12 Jun 2026
DSP BlackRock Short Term Fund-Dividend	DSP BlackRock	₹12.1950	12 Jun 2026
HSBC Short Duration Fund - Bonus	HSBC	₹27.7905	12 Jun 2026
UTI - Short Term Income Fund - Dividend Option	UTI	₹24.7627	12 Jun 2026
IDFC - SSIF - Short Term - Plan A - Fortnightly Dividend	IDFC	₹10.5021	12 Jun 2026
Reliance Short Term Fund-Dividend Re-investment Plan	Reliance	₹11.6235	12 Jun 2026

Recent NAVs

Date	NAV
16 Sep 2022	₹12.2409
15 Sep 2022	₹12.2864
14 Sep 2022	₹12.2938
13 Sep 2022	₹12.2982
12 Sep 2022	₹12.2891
9 Sep 2022	₹12.2864
8 Sep 2022	₹12.2840
7 Sep 2022	₹12.2773
6 Sep 2022	₹12.2703
5 Sep 2022	₹12.2612

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 16 Sep 2022, the NAV of ICICI Prudential Short Term Plan-Fortnightly Dividend is ₹12.2409. It's a Short Duration Fund from ICICI Prudential, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Short Term Plan-Fortnightly Dividend has NAV history starting from 02 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

ICICI Prudential Short Term Plan-Fortnightly Dividend is managed by ICICI Prudential. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Short Term Plan-Fortnightly Dividend has delivered a absolute return of -0.08% — -19.81 pp behind the Short Duration Fund category average of 19.74%. The fund ranks #32 of 40 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential Short Term Plan-Fortnightly Dividend has delivered a CAGR of -0.11% — -5.91 pp behind the Short Duration Fund category average of 5.80%. The fund ranks #36 of 40 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Short Term Plan-Fortnightly Dividend has delivered a CAGR of -0.37% — -4.52 pp behind the Short Duration Fund category average of 4.14%. The fund ranks #37 of 38 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Short Term Plan-Fortnightly Dividend exactly 10 years ago would be worth approximately ₹102,249 today — a multiplier of 1.02×, based on the 10-year CAGR of 0.22%. The category average over the same window would have grown ₹1 lakh to ₹162,671.

A ₹10,000 monthly SIP in ICICI Prudential Short Term Plan-Fortnightly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹597,121 today. That's an XIRR (money-weighted annualised return) of -0.19%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Short Term Plan-Fortnightly Dividend = ₹1,200,000 invested. It would currently be worth ₹1,204,001 (multiplier 1.00×). XIRR: 0.07%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Short Term Plan-Fortnightly Dividend ranks #37 out of 38 funds in the Short Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.14%; this fund delivered -0.37%.

The worst peak-to-trough decline ICICI Prudential Short Term Plan-Fortnightly Dividend has experienced over the last 5-year window is 3.58% — its NAV fell from a high on 09 Apr 2018 to a low on 26 Mar 2020. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Short Term Plan-Fortnightly Dividend averaged 0.78% (best 2.20%, worst -0.48%). 89% of rolling windows ended positive. The 5-year Sharpe ratio is -5.16 — negative risk-adjusted performance.

In calendar year 2021, ICICI Prudential Short Term Plan-Fortnightly Dividend returned -0.13% — lagging the Short Duration Fund category average of 3.74% by 3.87 pp. It ranked #22 of 26 in its category that year.

ICICI Prudential Short Term Plan-Fortnightly Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. ICICI Prudential Short Term Plan-Fortnightly Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.6%. 5-year CAGR: -0.37%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.