Should I invest in ICICI Prudential MIP?

We don't give personal investment advice. ICICI Prudential MIP-Dividend-Monthly 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: 9.4%. 5-year CAGR: 0.57%.

ICICI Prudential

ICICI Prudential MIP-Dividend-Monthly

Latest NAV

₹12.3602

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	10 / 904	Q1
1W	+0.25%	-11.71%	+11.97	23 / 779	Q1
2W	-0.93%	-11.75%	+10.82	433 / 776	Q3
1M	-0.73%	-11.75%	+11.02	417 / 772	Q3
3M	-0.09%	-11.29%	+11.19	375 / 763	Q2
6M	-1.66%	-10.39%	+8.73	416 / 749	Q3
YTD	-0.89%	-10.45%	+9.56	415 / 747	Q3
1Y	-2.05%	-8.25%	+6.19	416 / 728	Q3
2Y	+0.80%	-5.23%	+6.03	315 / 660	Q2
3Y	-0.53%	-3.98%	+3.46	480 / 644	Q3
4Y	+0.76%	+3.39%	-2.63	87 / 134	Q3
5Y	+0.57%	+3.38%	-2.81	63 / 92	Q3
7Y	+1.00%	+3.38%	-2.38	51 / 76	Q3
10Y	+0.74%	+3.82%	-3.08	48 / 66	Q3
Inception	+0.56%	-1.09%	+1.65	514 / 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	-0.89%	+0.48%	-1.37	162 / 205
2017	-0.42%	+1.61%	-2.04	161 / 223
2016	+1.61%	+3.44%	-1.83	150 / 223
2015	-2.60%	+2.41%	-5.01	160 / 205
2014	+9.92%	+7.92%	+2.00	37 / 107
2013	-2.78%	+4.19%	-6.97	48 / 50
2012	+4.94%	+5.17%	-0.23	16 / 34
2011	-3.94%	+1.60%	-5.54	12 / 12
2010	+2.18%	+2.66%	-0.48	3 / 7
2009	0.00%	+3.90%	-3.90	4 / 6
2008	-7.41%	+0.02%	-7.43	6 / 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

+0.84%

136 windows

min -14.2% · max 12.7%

61% positive

3-Year rolling

+0.99%

112 windows

min -2.0% · max 4.0%

70% positive

5-Year rolling

+1.00%

88 windows

min -0.9% · max 2.4%

84% positive

7-Year rolling

+1.04%

63 windows

min -0.7% · max 3.1%

90% 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

4.58%

3-year · annualised

Sharpe ratio

-1.52

vs risk-free 6.5%

Sortino ratio

-2.18

Downside-only deviation

Max drawdown

-6.61%

May 2015 → Feb 2016

% positive months

47.2%

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 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	₹12.3602
24 May 2018	₹12.3183
23 May 2018	₹12.3280
22 May 2018	₹12.3382
21 May 2018	₹12.3157
18 May 2018	₹12.3288
17 May 2018	₹12.4063
16 May 2018	₹12.4329
15 May 2018	₹12.4529
14 May 2018	₹12.4757

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-Monthly is ₹12.3602. 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-Monthly 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-Monthly 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-Monthly has delivered a absolute return of -2.05% — +6.19 pp ahead of the Medium to Long Duration Fund category average of -8.25%. The fund ranks #416 of 728 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential MIP-Dividend-Monthly has delivered a CAGR of -0.53% — +3.46 pp ahead of the Medium to Long Duration Fund category average of -3.98%. The fund ranks #480 of 644 in its category — the third (Q3) quartile.

Over the trailing 5-year window, ICICI Prudential MIP-Dividend-Monthly has delivered a CAGR of 0.57% — -2.81 pp behind the Medium to Long Duration Fund category average of 3.38%. The fund ranks #63 of 92 in its category — the third (Q3) quartile.

₹1 lakh invested in ICICI Prudential MIP-Dividend-Monthly exactly 10 years ago would be worth approximately ₹107,625 today — a multiplier of 1.08×, based on the 10-year CAGR of 0.74%. 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-Monthly over the last 5 years — total invested ₹600,000 — would be worth ₹604,433 today. That's an XIRR (money-weighted annualised return) of 0.29%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential MIP-Dividend-Monthly = ₹1,200,000 invested. It would currently be worth ₹1,254,407 (multiplier 1.05×). XIRR: 0.88%. 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-Monthly ranks #63 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 0.57%.

The worst peak-to-trough decline ICICI Prudential MIP-Dividend-Monthly has experienced over the last 5-year window is 9.41% — its NAV fell from a high on 28 May 2013 to a low on 19 Aug 2013. 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-Monthly averaged 1.00% (best 2.36%, worst -0.86%). 84% of rolling windows ended positive. The 5-year Sharpe ratio is -1.24 — negative risk-adjusted performance.

In calendar year 2017, ICICI Prudential MIP-Dividend-Monthly returned -0.42% — lagging the Medium to Long Duration Fund category average of 1.61% by 2.04 pp. It ranked #161 of 223 in its category that year.

ICICI Prudential MIP-Dividend-Monthly 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-Monthly 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: 9.4%. 5-year CAGR: 0.57%.

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