Should I invest in ICICI Prudential Liquid Plan--Daily Dividend?

We don't give personal investment advice. ICICI Prudential Liquid Plan--Institutional Plan-Daily 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: 0.2%. 5-year CAGR: 0.00%.

ICICI Prudential

ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend

Unit split applied to historical metrics

This scheme had a 10× unit consolidation on 2 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

₹118.5022

As of

24 Apr 2020

4,302 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	+0.00%	+0.01%	-0.01	40 / 46	Q4
1W	+0.00%	+0.06%	-0.06	37 / 46	Q4
2W	+0.00%	+0.10%	-0.10	36 / 46	Q4
1M	+0.15%	+0.22%	-0.07	20 / 46	Q2
3M	+0.00%	+0.67%	-0.67	38 / 46	Q4
6M	+0.00%	+1.27%	-1.27	38 / 46	Q4
YTD	+0.00%	+1.06%	-1.06	35 / 46	Q4
1Y	+0.00%	+2.35%	-2.35	39 / 46	Q4
2Y	+0.00%	+2.56%	-2.56	38 / 46	Q4
3Y	+0.00%	+2.62%	-2.62	38 / 46	Q4
4Y	+0.00%	+2.68%	-2.68	39 / 45	Q4
5Y	+0.00%	+2.48%	-2.48	40 / 45	Q4
7Y	+0.00%	+2.34%	-2.34	38 / 45	Q4
10Y	+0.00%	+2.51%	-2.51	38 / 43	Q4
Inception	+0.00%	+2.49%	-2.49	38 / 42	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
2020 YTD	+0.00%	+1.63%	-1.63	33 / 44
2019	+0.00%	+2.29%	-2.29	25 / 45
2018	+0.00%	+2.61%	-2.61	38 / 45
2017	+0.00%	+2.33%	-2.33	34 / 45
2016	+0.00%	+2.72%	-2.72	30 / 44
2015	+0.00%	+2.20%	-2.20	6 / 7
2014	+0.00%	+2.52%	-2.52	6 / 7
2013	+0.00%	+2.78%	-2.78	5 / 6
2012	+0.00%	+3.08%	-3.08	6 / 6
2011	+0.00%	+3.43%	-3.43	5 / 5
2010	+0.00%	+2.09%	-2.09	5 / 5

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

0.00%

160 windows

min -0.2% · max 0.1%

8% positive

3-Year rolling

0.00%

135 windows

min -0.1% · max 0.0%

27% positive

5-Year rolling

0.00%

111 windows

min 0.0% · max 0.0%

55% positive

7-Year rolling

0.00%

87 windows

min 0.0% · max 0.0%

91% 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

0.14%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.20%

Oct 2017 → Mar 2020

% positive months

5.6%

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 Liquid Fund

Scheme	Fund house	NAV	As of
SBI Premier Liquid Fund - Institutional - Daily Dividend	SBI	₹1,398.0143	3 Jun 2026
ICICI Prudential Liquid Plan - -Super Institutional Dividend Daily	ICICI Prudential	₹100.1482	3 Jun 2026
Templeton India Treasury Management Account-Super Institutional Plan - Daily Dividend	Franklin Templeton	₹1,000.0000	3 Jun 2026
Kotak Liquid-Institutional Premium Plan - (Daily Dividend)	Kotak Mahindra	₹1,262.0921	3 Jun 2026
DSP BlackRock Liquidity Fund- Institutional Plan-Daily Dividend	DSP BlackRock	₹1,001.4663	3 Jun 2026
HSBC Liquid Fund - Institutional Daily IDCW	HSBC	₹1,562.8262	3 Jun 2026
Canara Robeco Liquid-Super Institutional-Daily Div Reinvest.	Canara Robeco	₹1,005.5000	3 Jun 2026
Tata Floating Short Term Institutional Plan (Growth)	UTI	₹4,344.9468	3 Jun 2026
Birla Sun Life Cash Plus-Institutional - Weekly Dividend	Birla Sun Life	₹108.2863	3 Jun 2026
JM High Liquidity Fund-Super Institutional Plan- Growth	JM Financial	₹43.2368	3 Jun 2026

Recent NAVs

Date	NAV
24 Apr 2020	₹118.5022
23 Apr 2020	₹118.5022
22 Apr 2020	₹118.5022
21 Apr 2020	₹118.5022
20 Apr 2020	₹118.5022
19 Apr 2020	₹118.5022
17 Apr 2020	₹118.5022
16 Apr 2020	₹118.5022
15 Apr 2020	₹118.5022
14 Apr 2020	₹118.5022

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 Liquid Plan--Institutional Plan-Daily Dividend is ₹118.5022. It's a Liquid Fund from ICICI Prudential, run as a Institutional plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

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

Over the trailing 1-year window, ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend has delivered a absolute return of 0.00% — -2.35 pp behind the Liquid Fund category average of 2.35%. The fund ranks #39 of 46 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend has delivered a CAGR of 0.00% — -2.62 pp behind the Liquid Fund category average of 2.62%. The fund ranks #38 of 46 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend has delivered a CAGR of 0.00% — -2.48 pp behind the Liquid Fund category average of 2.48%. The fund ranks #40 of 45 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend exactly 10 years ago would be worth approximately ₹100,000 today — a multiplier of 1.00×, based on the 10-year CAGR of 0.00%. The category average over the same window would have grown ₹1 lakh to ₹128,141.

A ₹10,000 monthly SIP in ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹600,015 today. That's an XIRR (money-weighted annualised return) of 0.00%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend = ₹1,200,000 invested. It would currently be worth ₹1,200,026 (multiplier 1.00×). XIRR: 0.00%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend ranks #40 out of 45 funds in the Liquid Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 2.48%; this fund delivered 0.00%.

The worst peak-to-trough decline ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend has experienced over the last 5-year window is 0.20% — its NAV fell from a high on 01 Oct 2017 to a low on 24 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 Liquid Plan--Institutional Plan-Daily Dividend averaged -0.00% (best 0.00%, worst -0.03%). 55% of rolling windows ended positive.

In calendar year 2019, ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend returned 0.00% — lagging the Liquid Fund category average of 2.29% by 2.29 pp. It ranked #25 of 45 in its category that year.

ICICI Prudential Liquid Plan--Institutional Plan-Daily 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 Liquid Plan--Institutional Plan-Daily 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: 0.2%. 5-year CAGR: 0.00%.

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

ICICI Prudential Liquid Plan--Institutional Plan-Daily Dividend

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Liquid Fund

Recent NAVs

Frequently asked questions

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