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

We don't give personal investment advice. ICICI Prudential Floating Interest Fund - 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: 0.08%.

ICICI Prudential

ICICI Prudential Floating Interest Fund - Monthly IDCW

Latest NAV

₹103.1015

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	-0.03%	-0.08%	+0.05	20 / 32	Q3
1W	+0.10%	+0.12%	-0.02	24 / 32	Q3
2W	+0.45%	+0.27%	+0.18	7 / 32	Q1
1M	-0.06%	+0.63%	-0.69	29 / 32	Q4
3M	+1.27%	+0.26%	+1.01	3 / 32	Q1
6M	+0.79%	+0.68%	+0.11	12 / 32	Q2
YTD	+0.79%	+0.56%	+0.23	12 / 32	Q2
1Y	+0.39%	+1.65%	-1.26	14 / 32	Q2
2Y	+0.09%	+2.34%	-2.25	19 / 32	Q3
3Y	+0.07%	+2.31%	-2.24	16 / 32	Q2
4Y	+0.10%	+2.43%	-2.33	25 / 32	Q4
5Y	+0.08%	+2.16%	-2.09	21 / 32	Q3
7Y	+0.29%	+2.08%	-1.79	12 / 31	Q2
10Y	—	—	—	—	—
Inception	+0.28%	+2.30%	-2.03	14 / 32	Q2

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	+0.79%	+1.31%	-0.52	7 / 19
2021	-0.31%	+0.36%	-0.67	14 / 19
2020	+0.00%	+2.32%	-2.31	22 / 30
2019	-0.07%	+2.64%	-2.72	30 / 30
2018	-0.04%	+2.06%	-2.10	28 / 30
2017	+0.39%	+1.74%	-1.35	11 / 31
2016	+1.11%	+2.71%	-1.59	11 / 31
2015	+0.18%	+1.69%	-1.52	6 / 16
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

+0.22%

89 windows

min -1.1% · max 1.9%

65% positive

3-Year rolling

+0.25%

65 windows

min -0.3% · max 0.7%

72% positive

5-Year rolling

+0.24%

40 windows

min -0.2% · max 0.6%

85% positive

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

7-Year rolling

+0.21%

16 windows

min 0.1% · max 0.3%

100% 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

1.37%

3-year · annualised

Sharpe ratio

-4.68

vs risk-free 6.5%

Sortino ratio

-6.39

Downside-only deviation

Max drawdown

-2.78%

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 Income Fund-Short Term Plan - Wholesale Option - Dividend - Daily	HDFC	₹10.0800	3 Jun 2026
NIPPON INDIA FLOATER FUND - IDCW Option	Nippon India	₹21.3154	3 Jun 2026
ICICI Prudential Floating Interest Fund - IDCW Others	ICICI Prudential	₹197.1095	3 Jun 2026
Templeton India Cash Management Account-Dividend Plan	Franklin Templeton	₹10.1532	3 Jun 2026
Reliance Floating Rate Fund-Dividend Plan-Daily Dividend Option	Reliance	₹10.2420	3 Jun 2026

Recent NAVs

Date	NAV
16 Sep 2022	₹103.1015
15 Sep 2022	₹103.1273
14 Sep 2022	₹103.1000
13 Sep 2022	₹103.1171
12 Sep 2022	₹103.0685
9 Sep 2022	₹102.9970
8 Sep 2022	₹102.9440
7 Sep 2022	₹102.9722
6 Sep 2022	₹102.8413
5 Sep 2022	₹102.6919

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 - Monthly IDCW is ₹103.1015. It's a Floater Fund from ICICI Prudential, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Floating Interest Fund - 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 - 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 - Monthly IDCW has delivered a absolute return of 0.39% — -1.26 pp behind the Floater Fund category average of 1.65%. The fund ranks #14 of 32 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ICICI Prudential Floating Interest Fund - Monthly IDCW has delivered a CAGR of 0.07% — -2.24 pp behind the Floater Fund category average of 2.31%. The fund ranks #16 of 32 in its category — the second (Q2) quartile.

Over the trailing 5-year window, ICICI Prudential Floating Interest Fund - Monthly IDCW has delivered a CAGR of 0.08% — -2.09 pp behind the Floater Fund category average of 2.16%. The fund ranks #21 of 32 in its category — the third (Q3) quartile.

₹1 lakh invested in ICICI Prudential Floating Interest Fund - Monthly IDCW exactly 5 years ago would be worth approximately ₹100,384 today — a multiplier of 1.00×, based on the 5-year CAGR of 0.08%. The category average over the same window would have grown ₹1 lakh to ₹111,303.

A ₹10,000 monthly SIP in ICICI Prudential Floating Interest Fund - Monthly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹602,045 today. That's an XIRR (money-weighted annualised return) of 0.13%.

ICICI Prudential Floating Interest Fund - 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 ₹845,023 — XIRR 0.17%.

On a 5-year basis, ICICI Prudential Floating Interest Fund - Monthly IDCW ranks #21 out of 32 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 2.16%; this fund delivered 0.08%.

The worst peak-to-trough decline ICICI Prudential Floating Interest Fund - Monthly IDCW has experienced over the last 5-year window is 2.78% — 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 - Monthly IDCW averaged 0.24% (best 0.62%, worst -0.19%). 85% of rolling windows ended positive. The 5-year Sharpe ratio is -5.39 — negative risk-adjusted performance.

In calendar year 2021, ICICI Prudential Floating Interest Fund - Monthly IDCW returned -0.31% — lagging the Floater Fund category average of 0.36% by 0.67 pp. It ranked #14 of 19 in its category that year.

ICICI Prudential Floating Interest Fund - 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 - 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: 0.08%.

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