Should I invest in ICICI Prudential MIP?

We don't give personal investment advice. ICICI Prudential MIP-Dividend-Half Yearly 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: 9.5%. 5-year CAGR: 0.58%.

ICICI Prudential

ICICI Prudential MIP-Dividend-Half Yearly

Latest NAV

₹12.8248

As of

25 May 2018

2,929 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	+0.34%	-8.05%	+8.39	9 / 904	Q1
1W	+0.25%	-11.71%	+11.97	22 / 779	Q1
2W	-0.36%	-11.75%	+11.39	416 / 776	Q3
1M	+0.77%	-11.75%	+12.52	31 / 772	Q1
3M	+1.86%	-11.29%	+13.15	50 / 763	Q1
6M	+1.51%	-10.39%	+11.90	314 / 749	Q2
YTD	+1.45%	-10.45%	+11.90	192 / 747	Q2
1Y	-0.37%	-8.25%	+7.88	391 / 728	Q3
2Y	-0.58%	-5.23%	+4.65	378 / 660	Q3
3Y	+0.03%	-3.98%	+4.01	319 / 644	Q2
4Y	+1.06%	+3.39%	-2.33	84 / 134	Q3
5Y	+0.58%	+3.38%	-2.80	62 / 92	Q3
7Y	+0.43%	+3.38%	-2.94	52 / 76	Q3
10Y	+1.08%	+3.82%	-2.73	42 / 66	Q3
Inception	+0.79%	-1.09%	+1.88	505 / 904	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
2018 YTD	+1.45%	+0.48%	+0.97	134 / 205
2017	-2.49%	+1.61%	-4.10	173 / 223
2016	+1.06%	+3.44%	-2.38	155 / 223
2015	-3.01%	+2.41%	-5.42	162 / 205
2014	+7.28%	+7.92%	-0.64	63 / 107
2013	-5.11%	+4.19%	-9.30	49 / 50
2012	+4.35%	+5.17%	-0.81	18 / 34
2011	-2.05%	+1.60%	-3.65	10 / 12
2010	+1.67%	+2.66%	-1.00	4 / 7
2009	+5.88%	+3.90%	+1.99	2 / 6
2008	-7.05%	+0.02%	-7.08	3 / 6

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

+0.89%

136 windows

min -13.0% · max 18.0%

57% positive

3-Year rolling

+1.15%

112 windows

min -3.0% · max 6.4%

81% positive

5-Year rolling

+0.91%

88 windows

min -0.5% · max 2.9%

93% positive

7-Year rolling

+0.93%

63 windows

min -0.5% · max 3.1%

98% 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

7.47%

3-year · annualised

Sharpe ratio

-0.83

vs risk-free 6.5%

Sortino ratio

-1.03

Downside-only deviation

Max drawdown

-9.46%

Aug 2016 → Mar 2017

% positive months

61.1%

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 to Long Duration Fund

Scheme	Fund house	NAV	As of
HDFC Charity Fund for Cancer Cure - IDCW Option - 50% IDCW Donation Option	HDFC	₹10.0419	3 Jun 2026
NIPPON INDIA FIXED MATURITY PLAN - XLI - SERIES 8 - IDCW Option	Nippon India	₹17.0046	3 Jun 2026
SBI Magnum Income Fund-Bonus	SBI	₹43.7200	3 Jun 2026
ICICI Prudential Bond Fund - Half Yearly IDCW	ICICI Prudential	₹11.0548	3 Jun 2026
Franklin India Medium to Long Duration Fund - IDCW	Franklin India	₹10.4210	3 Jun 2026
Canara Robeco Income-Growth Plan	Canara Robeco	₹55.9906	3 Jun 2026
UTI Bond Fund-Growth (for rep. After 6 months- No Load)	UTI	₹74.6017	3 Jun 2026
Birla Sun Life Income Plus (Dividend)	Birla Sun Life	₹12.9049	3 Jun 2026
IDFC - SSIF - Investment Plan - Annual Dividend	IDFC	₹11.6743	3 Jun 2026
JM Income Fund-Dividend	JM Financial	₹21.5269	3 Jun 2026

Recent NAVs

Date	NAV
25 May 2018	₹12.8248
24 May 2018	₹12.7813
23 May 2018	₹12.7913
22 May 2018	₹12.8019
21 May 2018	₹12.7786
18 May 2018	₹12.7922
17 May 2018	₹12.7990
16 May 2018	₹12.8264
15 May 2018	₹12.8471
14 May 2018	₹12.8705

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 25 May 2018, the NAV of ICICI Prudential MIP-Dividend-Half Yearly is ₹12.8248. It's a Medium to Long 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 MIP-Dividend-Half Yearly 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 MIP-Dividend-Half Yearly is managed by ICICI Prudential. It's classified by AMFI under the 'Medium to Long Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential MIP-Dividend-Half Yearly has delivered a absolute return of -0.37% — +7.88 pp ahead of the Medium to Long Duration Fund category average of -8.25%. The fund ranks #391 of 728 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential MIP-Dividend-Half Yearly has delivered a CAGR of 0.03% — +4.01 pp ahead of the Medium to Long Duration Fund category average of -3.98%. The fund ranks #319 of 644 in its category — the second (Q2) quartile.

Over the trailing 5-year window, ICICI Prudential MIP-Dividend-Half Yearly has delivered a CAGR of 0.58% — -2.8 pp behind the Medium to Long Duration Fund category average of 3.38%. The fund ranks #62 of 92 in its category — the third (Q3) quartile.

₹1 lakh invested in ICICI Prudential MIP-Dividend-Half Yearly exactly 10 years ago would be worth approximately ₹111,365 today — a multiplier of 1.11×, based on the 10-year CAGR of 1.08%. The category average over the same window would have grown ₹1 lakh to ₹145,412.

A ₹10,000 monthly SIP in ICICI Prudential MIP-Dividend-Half Yearly over the last 5 years — total invested ₹600,000 — would be worth ₹607,030 today. That's an XIRR (money-weighted annualised return) of 0.46%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential MIP-Dividend-Half Yearly = ₹1,200,000 invested. It would currently be worth ₹1,239,121 (multiplier 1.03×). XIRR: 0.63%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential MIP-Dividend-Half Yearly ranks #62 out of 92 funds in the Medium to Long Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 3.38%; this fund delivered 0.58%.

The worst peak-to-trough decline ICICI Prudential MIP-Dividend-Half Yearly has experienced over the last 5-year window is 9.46% — its NAV fell from a high on 19 Aug 2016 to a low on 10 Mar 2017. 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 MIP-Dividend-Half Yearly averaged 0.91% (best 2.88%, worst -0.54%). 93% of rolling windows ended positive. The 5-year Sharpe ratio is -0.82 — negative risk-adjusted performance.

In calendar year 2017, ICICI Prudential MIP-Dividend-Half Yearly returned -2.49% — lagging the Medium to Long Duration Fund category average of 1.61% by 4.10 pp. It ranked #173 of 223 in its category that year.

ICICI Prudential MIP-Dividend-Half Yearly 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 MIP-Dividend-Half Yearly 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: 9.5%. 5-year CAGR: 0.58%.

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