Should I invest in ICICI Prudential Long Term Floating Rate Plan-Plan B?

We don't give personal investment advice. ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth 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: 3.0%. 5-year CAGR: 7.58%.

ICICI Prudential

ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth

Latest NAV

₹32.0584

As of

24 Apr 2020

3,390 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	-0.46%	+25.25%	-25.71	35 / 35	Q4
1W	+0.09%	+18.62%	-18.54	24 / 37	Q3
2W	+0.78%	+22.17%	-21.39	6 / 36	Q1
1M	+2.22%	+22.42%	-20.21	5 / 36	Q1
3M	+1.28%	+23.24%	-21.96	14 / 36	Q2
6M	+4.17%	+24.66%	-20.48	6 / 36	Q1
YTD	+2.02%	+22.37%	-20.35	8 / 36	Q1
1Y	+9.33%	+27.07%	-17.74	6 / 36	Q1
2Y	+7.36%	+10.05%	-2.69	8 / 34	Q1
3Y	+6.82%	+3.02%	+3.81	5 / 31	Q1
4Y	+7.43%	+3.05%	+4.38	3 / 31	Q1
5Y	+7.58%	+2.73%	+4.85	3 / 31	Q1
7Y	+7.94%	+2.69%	+5.26	1 / 28	Q1
10Y	+8.09%	+3.13%	+4.95	1 / 25	Q1
Inception	+7.98%	+10.26%	-2.28	4 / 35	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	+2.02%	+1.22%	+0.80	13 / 30
2019	+9.07%	+2.51%	+6.56	8 / 30
2018	+4.98%	+2.64%	+2.35	9 / 30
2017	+6.24%	+2.00%	+4.24	6 / 30
2016	+10.20%	+5.02%	+5.18	8 / 31
2015	+8.20%	+2.70%	+5.50	2 / 12
2014	+12.24%	+5.63%	+6.62	2 / 8
2013	+5.90%	+1.14%	+4.77	2 / 8
2012	+9.79%	+3.44%	+6.35	1 / 7
2011	+8.31%	+2.12%	+6.19	1 / 5
2010	+5.49%	+5.49%	+0.00	1 / 1

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

+8.02%

160 windows

min 3.4% · max 13.0%

100% positive

3-Year rolling

+8.10%

135 windows

min 6.3% · max 10.7%

100% positive

5-Year rolling

+8.25%

111 windows

min 7.1% · max 9.4%

100% positive

7-Year rolling

+8.28%

87 windows

min 7.3% · max 9.0%

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

2.55%

3-year · annualised

Sharpe ratio

0.07

vs risk-free 6.5%

Sortino ratio

0.11

Downside-only deviation

Max drawdown

-2.98%

Mar 2020 → Mar 2020

% positive months

86.1%

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 Medium Duration Fund

Scheme	Fund house	NAV	As of
HDFC High Interest Fund - Short Term Plan-Dividend Option	HDFC	₹10.1086	3 Jun 2026
Nippon India Medium Duration Fund - Segregated Portfolio 2 - Bonus Option	Nippon India	₹0.0000	3 Jun 2026
SBI Magnum Income Plus Fund - Investment Plan (D)	SBI	₹20.7048	3 Jun 2026
ICICI Prudential Long Term Floating Rate Plan-Plan A-Growth	ICICI Prudential	₹47.3245	3 Jun 2026
Kotak Medium Term Fund - Standard Income Distribution cum capital withdrawal option	Kotak	₹14.6617	3 Jun 2026
IDFC - SSIF - Medium Term - Bimonthly Dividend Option	IDFC	₹10.2608	3 Jun 2026
Sundaram BNP Paribas Bond Saver-Growth	Sundaram BNP Paribas	₹70.5138	3 Jun 2026

Recent NAVs

Date	NAV
24 Apr 2020	₹32.0584
23 Apr 2020	₹32.2066
22 Apr 2020	₹32.1559
21 Apr 2020	₹32.1257
20 Apr 2020	₹32.0927
17 Apr 2020	₹32.0306
16 Apr 2020	₹31.8512
15 Apr 2020	₹31.7918
13 Apr 2020	₹31.8271
9 Apr 2020	₹31.8103

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 Long Term Floating Rate Plan-Plan B-Growth is ₹32.0584. It's a Medium Duration Fund from ICICI Prudential, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth 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 Long Term Floating Rate Plan-Plan B-Growth is managed by ICICI Prudential. It's classified by AMFI under the 'Medium Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth has delivered a absolute return of 9.33% — -17.74 pp behind the Medium Duration Fund category average of 27.07%. The fund ranks #6 of 36 in its category — the top (Q1) quartile.

Over the trailing 3-year window, ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth has delivered a CAGR of 6.82% — +3.81 pp ahead of the Medium Duration Fund category average of 3.02%. The fund ranks #5 of 31 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth has delivered a CAGR of 7.58% — +4.85 pp ahead of the Medium Duration Fund category average of 2.73%. The fund ranks #3 of 31 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth exactly 10 years ago would be worth approximately ₹217,640 today — a multiplier of 2.18×, based on the 10-year CAGR of 8.09%. The category average over the same window would have grown ₹1 lakh to ₹136,154.

A ₹10,000 monthly SIP in ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth over the last 5 years — total invested ₹600,000 — would be worth ₹722,869 today. That's an XIRR (money-weighted annualised return) of 7.38%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth = ₹1,200,000 invested. It would currently be worth ₹1,819,594 (multiplier 1.52×). XIRR: 8.06%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth ranks #3 out of 31 funds in the Medium Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.73%; this fund delivered 7.58%.

The worst peak-to-trough decline ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth has experienced over the last 5-year window is 2.98% — its NAV fell from a high on 06 Mar 2020 to a low on 23 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 Long Term Floating Rate Plan-Plan B-Growth averaged 8.25% (best 9.42%, worst 7.07%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.37 — weak risk-adjusted performance.

In calendar year 2019, ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth returned 9.07% — beating the Medium Duration Fund category average of 2.51% by 6.56 pp. It ranked #8 of 30 in its category that year.

ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth 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 Long Term Floating Rate Plan-Plan B-Growth 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: 3.0%. 5-year CAGR: 7.58%.

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

ICICI Prudential Long Term Floating Rate Plan-Plan B-Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Medium Duration Fund

Recent NAVs

Frequently asked questions

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