Should I invest in ICICI Prudential Floating Rate Plan?

We don't give personal investment advice. ICICI Prudential Floating Rate Plan-Growth - Option A 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: 1.9%. 5-year CAGR: 7.41%.

ICICI Prudential

ICICI Prudential Floating Rate Plan-Growth - Option A

Unit split applied to historical metrics

This scheme had a 10× unit consolidation on 3 Nov 2009. Returns, SIP simulations and risk metrics on this page are split-adjusted — they reflect what a real investor's portfolio experienced (a consolidation doesn't change portfolio value, only the unit count and per-unit NAV).

Latest NAV

₹300.7518

As of

24 Apr 2020

3,455 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	-0.24%	-0.08%	-0.16	25 / 32	Q4
1W	+0.14%	+0.12%	+0.02	21 / 32	Q3
2W	+0.46%	+0.27%	+0.19	5 / 32	Q1
1M	+1.92%	+0.63%	+1.29	5 / 32	Q1
3M	+1.03%	+0.26%	+0.77	5 / 32	Q1
6M	+3.05%	+0.68%	+2.37	3 / 32	Q1
YTD	+1.60%	+0.56%	+1.04	8 / 32	Q1
1Y	+7.58%	+1.65%	+5.93	3 / 32	Q1
2Y	+7.32%	+2.34%	+4.98	4 / 32	Q1
3Y	+6.82%	+2.31%	+4.52	10 / 32	Q2
4Y	+7.26%	+2.43%	+4.84	7 / 32	Q1
5Y	+7.41%	+2.16%	+5.25	3 / 32	Q1
7Y	+7.78%	+2.08%	+5.71	1 / 31	Q1
10Y	+7.79%	+2.12%	+5.66	1 / 27	Q1
Inception	+7.49%	+2.30%	+5.19	7 / 32	Q1

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
2020 YTD	+1.60%	+2.32%	-0.72	10 / 30
2019	+8.41%	+2.64%	+5.77	5 / 30
2018	+6.41%	+2.06%	+4.35	6 / 30
2017	+6.48%	+1.74%	+4.74	5 / 31
2016	+8.79%	+2.71%	+6.09	6 / 31
2015	+7.79%	+1.69%	+6.09	2 / 16
2014	+8.88%	+2.20%	+6.69	1 / 13
2013	+8.49%	+2.10%	+6.39	2 / 13
2012	+8.68%	+2.02%	+6.66	2 / 13
2011	+8.24%	+2.07%	+6.17	2 / 12
2010	+4.81%	+1.28%	+3.53	3 / 12

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

+7.56%

160 windows

min 3.8% · max 9.3%

100% positive

3-Year rolling

+7.53%

135 windows

min 5.9% · max 8.8%

100% positive

5-Year rolling

+7.67%

111 windows

min 6.6% · max 8.7%

100% positive

7-Year rolling

+7.74%

87 windows

min 7.2% · max 8.4%

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

1.69%

3-year · annualised

Sharpe ratio

0.08

vs risk-free 6.5%

Sortino ratio

0.14

Downside-only deviation

Max drawdown

-1.88%

Mar 2020 → Mar 2020

% positive months

97.2%

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
24 Apr 2020	₹300.7518
23 Apr 2020	₹301.4759
22 Apr 2020	₹301.1894
21 Apr 2020	₹301.0552
20 Apr 2020	₹300.9396
17 Apr 2020	₹300.3220
16 Apr 2020	₹299.5423
15 Apr 2020	₹299.5201
13 Apr 2020	₹299.4999
9 Apr 2020	₹299.3666

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 24 Apr 2020, the NAV of ICICI Prudential Floating Rate Plan-Growth - Option A is ₹300.7518. 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 Rate Plan-Growth - Option A 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 Floating Rate Plan-Growth - Option A 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 Rate Plan-Growth - Option A has delivered a absolute return of 7.58% — +5.93 pp ahead of the Floater Fund category average of 1.65%. The fund ranks #3 of 32 in its category — the top (Q1) quartile.

Over the trailing 3-year window, ICICI Prudential Floating Rate Plan-Growth - Option A has delivered a CAGR of 6.82% — +4.52 pp ahead of the Floater Fund category average of 2.31%. The fund ranks #10 of 32 in its category — the second (Q2) quartile.

Over the trailing 5-year window, ICICI Prudential Floating Rate Plan-Growth - Option A has delivered a CAGR of 7.41% — +5.25 pp ahead of the Floater Fund category average of 2.16%. The fund ranks #3 of 32 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Floating Rate Plan-Growth - Option A exactly 10 years ago would be worth approximately ₹211,655 today — a multiplier of 2.12×, based on the 10-year CAGR of 7.79%. The category average over the same window would have grown ₹1 lakh to ₹123,363.

A ₹10,000 monthly SIP in ICICI Prudential Floating Rate Plan-Growth - Option A over the last 5 years — total invested ₹600,000 — would be worth ₹720,086 today. That's an XIRR (money-weighted annualised return) of 7.22%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Floating Rate Plan-Growth - Option A = ₹1,200,000 invested. It would currently be worth ₹1,786,548 (multiplier 1.49×). XIRR: 7.72%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Floating Rate Plan-Growth - Option A ranks #3 out of 32 funds in the Floater Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.16%; this fund delivered 7.41%.

The worst peak-to-trough decline ICICI Prudential Floating Rate Plan-Growth - Option A has experienced over the last 5-year window is 1.88% — its NAV fell from a high on 05 Mar 2020 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 Rate Plan-Growth - Option A averaged 7.67% (best 8.66%, worst 6.65%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.48 — weak risk-adjusted performance.

In calendar year 2019, ICICI Prudential Floating Rate Plan-Growth - Option A returned 8.41% — beating the Floater Fund category average of 2.64% by 5.77 pp. It ranked #5 of 30 in its category that year.

ICICI Prudential Floating Rate Plan-Growth - Option A 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 Rate Plan-Growth - Option A 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: 1.9%. 5-year CAGR: 7.41%.

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

ICICI Prudential Floating Rate Plan-Growth - Option A

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Floater Fund

Recent NAVs

Frequently asked questions

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