Should I invest in ICICI Prudential Short Term Plan-Fortnightly Dividend?

We don't give personal investment advice. ICICI Prudential Short Term Plan-Fortnightly 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: 3.6%. 5-year CAGR: -0.37%.

ICICI Prudential

ICICI Prudential Short Term Plan-Fortnightly Dividend

Latest NAV

₹12.2409

As of

16 Sep 2022

3,975 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	-0.37%	+0.01%	-0.38	38 / 39	Q4
1W	-0.37%	+15.04%	-15.41	38 / 40	Q4
2W	-0.10%	+15.09%	-15.19	36 / 40	Q4
1M	-0.27%	+16.91%	-17.17	37 / 40	Q4
3M	+0.50%	+17.18%	-16.68	16 / 40	Q2
6M	-0.07%	+18.01%	-18.08	32 / 40	Q4
YTD	+0.05%	+17.67%	-17.62	30 / 40	Q3
1Y	-0.08%	+19.37%	-19.45	30 / 40	Q3
2Y	-0.05%	+8.20%	-8.25	32 / 40	Q4
3Y	-0.11%	+5.69%	-5.80	36 / 40	Q4
4Y	-0.08%	+4.90%	-4.97	37 / 39	Q4
5Y	-0.37%	+4.10%	-4.47	37 / 38	Q4
7Y	+0.19%	+2.87%	-2.68	29 / 37	Q4
10Y	+0.22%	+4.95%	-4.73	21 / 27	Q4
Inception	+0.81%	+1.92%	-1.11	29 / 40	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
2022 YTD	+0.05%	+2.62%	-2.58	22 / 26
2021	-0.13%	+3.74%	-3.87	22 / 26
2020	-0.51%	+3.74%	-4.25	26 / 30
2019	+0.13%	+2.23%	-2.10	18 / 30
2018	-1.24%	+2.73%	-3.97	29 / 30
2017	-0.25%	+2.37%	-2.61	32 / 37
2016	+2.98%	+5.27%	-2.29	22 / 37
2015	+0.29%	-1.48%	+1.77	12 / 18
2014	+1.77%	+5.85%	-4.08	10 / 13
2013	-1.24%	+3.42%	-4.66	12 / 13
2012	+0.57%	+3.40%	-2.83	7 / 13

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

+0.87%

189 windows

min -2.5% · max 10.1%

65% positive

3-Year rolling

+0.89%

165 windows

min -0.8% · max 3.5%

76% positive

5-Year rolling

+0.78%

140 windows

min -0.5% · max 2.2%

89% positive

7-Year rolling

+0.78%

116 windows

min 0.1% · max 1.7%

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

1.31%

3-year · annualised

Sharpe ratio

-5.16

vs risk-free 6.5%

Sortino ratio

-7.43

Downside-only deviation

Max drawdown

-3.22%

Feb 2020 → Mar 2020

% positive months

44.4%

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 Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Fortnightly IDCW Option	HDFC	₹10.1985	3 Jun 2026
NIPPON INDIA SHORT DURATION FUND - IDCW Option	Nippon India	₹22.3820	3 Jun 2026
SBI SHORT HORIZON DEBT FUND-SHORT TERM FUND INSTTUTIONAL GROWTH	SBI	₹33.4345	3 Jun 2026
ICICI Prudential Short Term Plan - Div. Option	ICICI Prudential	₹12.0670	3 Jun 2026
Kotak Bond Short Term Plan-(Growth)	Kotak Mahindra	₹54.0814	3 Jun 2026
DSP BlackRock Short Term Fund-Dividend	DSP BlackRock	₹12.0819	3 Jun 2026
HSBC Short Duration Fund - Bonus	HSBC	₹27.5331	3 Jun 2026
UTI - Short Term Income Fund - Dividend Option	UTI	₹24.5675	3 Jun 2026
IDFC - SSIF - Short Term - Plan A - Fortnightly Dividend	IDFC	₹10.4111	3 Jun 2026
Reliance Short Term Fund-Dividend Re-investment Plan	Reliance	₹11.5088	3 Jun 2026

Recent NAVs

Date	NAV
16 Sep 2022	₹12.2409
15 Sep 2022	₹12.2864
14 Sep 2022	₹12.2938
13 Sep 2022	₹12.2982
12 Sep 2022	₹12.2891
9 Sep 2022	₹12.2864
8 Sep 2022	₹12.2840
7 Sep 2022	₹12.2773
6 Sep 2022	₹12.2703
5 Sep 2022	₹12.2612

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 16 Sep 2022, the NAV of ICICI Prudential Short Term Plan-Fortnightly Dividend is ₹12.2409. It's a Short 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 Short Term Plan-Fortnightly 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 Short Term Plan-Fortnightly Dividend is managed by ICICI Prudential. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Short Term Plan-Fortnightly Dividend has delivered a absolute return of -0.08% — -19.45 pp behind the Short Duration Fund category average of 19.37%. The fund ranks #30 of 40 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential Short Term Plan-Fortnightly Dividend has delivered a CAGR of -0.11% — -5.8 pp behind the Short Duration Fund category average of 5.69%. The fund ranks #36 of 40 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, ICICI Prudential Short Term Plan-Fortnightly Dividend has delivered a CAGR of -0.37% — -4.47 pp behind the Short Duration Fund category average of 4.10%. The fund ranks #37 of 38 in its category — the bottom (Q4) quartile.

₹1 lakh invested in ICICI Prudential Short Term Plan-Fortnightly Dividend exactly 10 years ago would be worth approximately ₹102,249 today — a multiplier of 1.02×, based on the 10-year CAGR of 0.22%. The category average over the same window would have grown ₹1 lakh to ₹162,129.

A ₹10,000 monthly SIP in ICICI Prudential Short Term Plan-Fortnightly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹597,121 today. That's an XIRR (money-weighted annualised return) of -0.19%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Short Term Plan-Fortnightly Dividend = ₹1,200,000 invested. It would currently be worth ₹1,204,001 (multiplier 1.00×). XIRR: 0.07%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Short Term Plan-Fortnightly Dividend ranks #37 out of 38 funds in the Short Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.10%; this fund delivered -0.37%.

The worst peak-to-trough decline ICICI Prudential Short Term Plan-Fortnightly Dividend has experienced over the last 5-year window is 3.58% — its NAV fell from a high on 09 Apr 2018 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 Short Term Plan-Fortnightly Dividend averaged 0.78% (best 2.20%, worst -0.48%). 89% of rolling windows ended positive. The 5-year Sharpe ratio is -5.16 — negative risk-adjusted performance.

In calendar year 2021, ICICI Prudential Short Term Plan-Fortnightly Dividend returned -0.13% — lagging the Short Duration Fund category average of 3.74% by 3.87 pp. It ranked #22 of 26 in its category that year.

ICICI Prudential Short Term Plan-Fortnightly 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 Short Term Plan-Fortnightly 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: 3.6%. 5-year CAGR: -0.37%.

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