Should I invest in ING Income Fund-Institutional Growth Option?

We don't give personal investment advice. ING Income Fund-Institutional Growth Option 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: 8.8%. 5-year CAGR: 7.20%.

ING

ING Income Fund-Institutional Growth Option

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	-0.28%	+6.99%	-7.27	526 / 763	Q3
1W	+0.18%	+6.38%	-6.20	104 / 722	Q1
2W	+0.35%	+6.63%	-6.28	96 / 725	Q1
1M	+0.85%	+6.29%	-5.43	99 / 752	Q1
3M	+1.93%	+7.87%	-5.94	182 / 728	Q1
6M	+6.01%	+9.67%	-3.66	68 / 642	Q1
YTD	+8.57%	+8.47%	+0.10	43 / 666	Q1
1Y	+8.91%	+13.70%	-4.79	194 / 591	Q2
2Y	+7.58%	-5.03%	+12.62	47 / 197	Q1
3Y	+8.21%	-3.09%	+11.30	22 / 140	Q1
4Y	+7.63%	+1.62%	+6.02	26 / 119	Q1
5Y	+7.20%	-0.16%	+7.35	23 / 102	Q1
7Y	-4.86%	+2.05%	-6.91	63 / 64	Q4
10Y	—	—	—	—	—
Inception	-2.80%	-3.28%	+0.48	732 / 797	Q4

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
2014 YTD	+8.57%	+2.77%	+5.80	25 / 82
2013	+3.95%	+1.77%	+2.18	29 / 101
2012	+7.74%	-0.30%	+8.04	31 / 113
2011	+8.03%	+1.75%	+6.28	30 / 109
2010	+4.65%	-0.95%	+5.59	32 / 165
2009	-59.70%	-0.31%	-59.40	470 / 482
2008	+21.67%	-5.54%	+27.21	1 / 250
2007	+9.62%	+5.54%	+4.08	1 / 30
2006	—	—	—	—

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

-0.49%

92 windows

min -60.3% · max 15.3%

87% positive

3-Year rolling

-7.29%

68 windows

min -22.3% · max 9.2%

46% positive

5-Year rolling

-7.11%

44 windows

min -11.6% · max 7.2%

16% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

-4.82%

19 windows

min -5.2% · max -4.2%

0% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

4.00%

3-year · annualised

Sharpe ratio

0.37

vs risk-free 6.5%

Sortino ratio

0.67

Downside-only deviation

Max drawdown

-8.80%

May 2013 → Aug 2013

% positive months

77.8%

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.

Recent NAVs

Date	NAV
9 Oct 2014	₹14.1208
8 Oct 2014	₹14.1599
7 Oct 2014	₹14.1273
1 Oct 2014	₹14.0961
30 Sep 2014	₹14.0699
29 Sep 2014	₹14.0792
26 Sep 2014	₹14.1009
25 Sep 2014	₹14.0716
24 Sep 2014	₹14.0703
23 Sep 2014	₹14.0736

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.

ING Income Fund-Institutional Growth Option is a Income from ING (Institutional plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

ING Income Fund-Institutional Growth Option has NAV history starting from 03 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.

ING Income Fund-Institutional Growth Option is managed by ING. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ING Income Fund-Institutional Growth Option has delivered a absolute return of 8.91% — -4.79 pp behind the Income category average of 13.70%. The fund ranks #194 of 591 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ING Income Fund-Institutional Growth Option has delivered a CAGR of 8.21% — +11.3 pp ahead of the Income category average of -3.09%. The fund ranks #22 of 140 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ING Income Fund-Institutional Growth Option has delivered a CAGR of 7.20% — +7.35 pp ahead of the Income category average of -0.16%. The fund ranks #23 of 102 in its category — the top (Q1) quartile.

₹1 lakh invested in ING Income Fund-Institutional Growth Option exactly 5 years ago would be worth approximately ₹141,555 today — a multiplier of 1.42×, based on the 5-year CAGR of 7.20%. The category average over the same window would have grown ₹1 lakh to ₹99,222.

A ₹10,000 monthly SIP in ING Income Fund-Institutional Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹726,319 today. That's an XIRR (money-weighted annualised return) of 7.57%.

ING Income Fund-Institutional Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹928,166 — XIRR 2.81%.

On a 5-year basis, ING Income Fund-Institutional Growth Option ranks #23 out of 102 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -0.16%; this fund delivered 7.20%.

The worst peak-to-trough decline ING Income Fund-Institutional Growth Option has experienced over the last 5-year window is 8.80% — its NAV fell from a high on 27 May 2013 to a low on 19 Aug 2013. 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, ING Income Fund-Institutional Growth Option averaged -7.11% (best 7.20%, worst -11.64%). 16% of rolling windows ended positive. The 5-year Sharpe ratio is 0.16 — weak risk-adjusted performance.

In calendar year 2013, ING Income Fund-Institutional Growth Option returned 3.95% — beating the Income category average of 1.77% by 2.18 pp. It ranked #29 of 101 in its category that year.

ING Income Fund-Institutional Growth Option 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. ING Income Fund-Institutional Growth Option 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: 8.8%. 5-year CAGR: 7.20%.

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