Should I invest in ICICI Prudential Floating Interest Fund - Monthly IDCW?

We don't give personal investment advice. ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW 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: 2.8%. 5-year CAGR: 0.20%.

ICICI Prudential

ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW

Latest NAV

₹102.6565

As of

16 Sep 2022

1,995 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

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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	-0.02%	+0.01%	-0.03	37 / 41	Q4
1W	+0.11%	+0.16%	-0.04	31 / 41	Q4
2W	+0.48%	+0.23%	+0.24	1 / 41	Q1
1M	-0.06%	+0.14%	-0.20	39 / 41	Q4
3M	+1.21%	+0.25%	+0.96	2 / 41	Q1
6M	+0.73%	+0.78%	-0.05	21 / 41	Q3
YTD	+0.76%	+0.72%	+0.04	21 / 41	Q3
1Y	+0.40%	+1.77%	-1.38	21 / 41	Q3
2Y	+0.22%	+3.19%	-2.97	24 / 40	Q3
3Y	+0.28%	+3.41%	-3.13	25 / 41	Q3
4Y	+0.25%	+3.32%	-3.07	27 / 40	Q3
5Y	+0.20%	+2.80%	-2.60	27 / 40	Q3
7Y	+0.20%	+1.82%	-1.62	12 / 22	Q3
10Y	—	—	—	—	—
Inception	+0.21%	+2.98%	-2.77	28 / 41	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	+0.76%	+1.83%	-1.07	20 / 40
2021	-0.04%	-0.08%	+0.05	9 / 24
2020	+0.40%	+2.77%	-2.37	17 / 22
2019	-0.08%	+2.87%	-2.95	21 / 21
2018	-0.05%	+1.04%	-1.09	13 / 17
2017	-0.05%	+0.28%	-0.33	8 / 16
2016	+0.50%	+0.67%	-0.17	9 / 16
2015	+0.11%	+0.20%	-0.09	2 / 3
2014	—	—	—	—

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

+0.14%

89 windows

min -0.8% · max 2.3%

63% positive

3-Year rolling

+0.14%

65 windows

min -0.2% · max 0.5%

88% positive

5-Year rolling

+0.12%

40 windows

min -0.1% · max 0.4%

93% positive

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

7-Year rolling

+0.12%

16 windows

min 0.0% · max 0.2%

94% 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

1.31%

3-year · annualised

Sharpe ratio

-4.77

vs risk-free 6.5%

Sortino ratio

-6.79

Downside-only deviation

Max drawdown

-2.79%

Oct 2019 → 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 Floater Fund

Scheme	Fund house	NAV	As of
HDFC Floating Rate Debt Fund - Direct Plan - Daily IDCW	HDFC	₹10.0800	3 Jun 2026
NIPPON INDIA FLOATER FUND - DIRECT Plan - WEEKLY IDCW Option	Nippon India	₹10.2557	3 Jun 2026
SBI Floating Rate DEBT Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹14.1138	3 Jun 2026
ICICI Prudential Floating Interest Fund - Direct Plan - Daily IDCW	ICICI Prudential	₹100.1450	3 Jun 2026
BANDHAN FLOATER FUND - DIRECT PLAN DAILY IDCW	Bandhan	₹10.1312	3 Jun 2026
Aditya Birla Sun Life Floating Rate Fund-Direct - daily IDCW	Aditya Birla Sun Life	₹100.0001	3 Jun 2026
Franklin India Floating Rate Fund - Direct - IDCW	Franklin India	₹10.0589	3 Jun 2026
KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option	Kotak	₹1,417.9966	3 Jun 2026
DSP Floater Fund - Direct Plan - IDCW	DSP	₹13.9635	3 Jun 2026
UTI Floater Fund - Direct Plan - Annual IDCW	UTI	₹1,509.5189	3 Jun 2026

Recent NAVs

Date	NAV
16 Sep 2022	₹102.6565
15 Sep 2022	₹102.6802
14 Sep 2022	₹102.6511
13 Sep 2022	₹102.6662
12 Sep 2022	₹102.6157
9 Sep 2022	₹102.5387
8 Sep 2022	₹102.4840
7 Sep 2022	₹102.5101
6 Sep 2022	₹102.3779
5 Sep 2022	₹102.2271

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 Floating Interest Fund - Direct Plan - Monthly IDCW is ₹102.6565. It's a Floater Fund from ICICI Prudential, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW has NAV history starting from 12 Jun 2014, a track record of about 11 years 11 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW is managed by ICICI Prudential. It's classified by AMFI under the 'Floater Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW has delivered a absolute return of 0.40% — -1.38 pp behind the Floater Fund category average of 1.77%. The fund ranks #21 of 41 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 0.28% — -3.13 pp behind the Floater Fund category average of 3.41%. The fund ranks #25 of 41 in its category — the third (Q3) quartile.

Over the trailing 5-year window, ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW has delivered a CAGR of 0.20% — -2.6 pp behind the Floater Fund category average of 2.80%. The fund ranks #27 of 40 in its category — the third (Q3) quartile.

₹1 lakh invested in ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW exactly 5 years ago would be worth approximately ₹100,997 today — a multiplier of 1.01×, based on the 5-year CAGR of 0.20%. The category average over the same window would have grown ₹1 lakh to ₹114,798.

A ₹10,000 monthly SIP in ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹604,448 today. That's an XIRR (money-weighted annualised return) of 0.29%.

ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹847,065 — XIRR 0.24%.

On a 5-year basis, ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW ranks #27 out of 40 funds in the Floater Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 2.80%; this fund delivered 0.20%.

The worst peak-to-trough decline ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW has experienced over the last 5-year window is 2.79% — its NAV fell from a high on 29 Oct 2019 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 Floating Interest Fund - Direct Plan - Monthly IDCW averaged 0.12% (best 0.39%, worst -0.11%). 92% of rolling windows ended positive. The 5-year Sharpe ratio is -5.50 — negative risk-adjusted performance.

In calendar year 2021, ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW returned -0.04% — beating the Floater Fund category average of -0.08% by 0.05 pp. It ranked #9 of 24 in its category that year.

ICICI Prudential Floating Interest Fund - Direct Plan - Monthly IDCW 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 Floating Interest Fund - Direct Plan - Monthly IDCW 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: 2.8%. 5-year CAGR: 0.20%.

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