Should I invest in LICMF Floater MIP-Plan A-Quarterly Dividend?

We don't give personal investment advice. LICMF Floater MIP-Plan A-Quarterly 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: 6.0%. 5-year CAGR: 1.86%.

LIC

LICMF Floater MIP-Plan A-Quarterly Dividend

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	+0.05%	-9.99%	+10.04	80 / 1129	Q1
1W	+0.48%	-13.04%	+13.52	82 / 1151	Q1
2W	+0.90%	-13.18%	+14.08	57 / 1149	Q1
1M	+1.76%	-13.26%	+15.03	42 / 1137	Q1
3M	+1.89%	-13.15%	+15.04	145 / 1116	Q1
6M	+0.07%	-15.45%	+15.52	439 / 906	Q2
YTD	-1.03%	-15.77%	+14.75	591 / 952	Q3
1Y	-1.11%	-13.09%	+11.98	588 / 820	Q3
2Y	+0.32%	-12.72%	+13.04	245 / 446	Q3
3Y	+0.34%	-11.01%	+11.35	211 / 385	Q3
4Y	+0.41%	-6.52%	+6.93	202 / 339	Q3
5Y	+1.86%	-7.36%	+9.23	132 / 314	Q2
7Y	+0.19%	+2.53%	-2.34	175 / 234	Q3
10Y	—	—	—	—	—
Inception	-0.10%	-13.63%	+13.53	756 / 1199	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
2013 YTD	-1.03%	-1.95%	+0.93	217 / 276
2012	+4.65%	+1.38%	+3.27	145 / 295
2011	-2.81%	-3.16%	+0.35	267 / 317
2010	—	—	—	—
2009	+2.74%	-12.86%	+15.59	269 / 713
2008	-8.98%	-2.02%	-6.96	328 / 380
2007	+5.99%	+4.84%	+1.15	78 / 142
2006	—	—	—	—

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

+0.24%

81 windows

min -14.2% · max 8.8%

57% positive

3-Year rolling

+0.28%

56 windows

min -2.6% · max 2.7%

64% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+0.15%

32 windows

min -0.8% · max 1.9%

56% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

-0.01%

8 windows

min -0.4% · max 0.4%

63% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

4.77%

3-year · annualised

Sharpe ratio

-1.27

vs risk-free 6.5%

Sortino ratio

-1.91

Downside-only deviation

Max drawdown

-5.49%

Dec 2012 → Aug 2013

% positive months

50.0%

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.

Recent NAVs

Date	NAV
31 Oct 2013	₹10.4255
30 Oct 2013	₹10.4203
29 Oct 2013	₹10.4146
28 Oct 2013	₹10.3678
25 Oct 2013	₹10.3715
24 Oct 2013	₹10.3758
23 Oct 2013	₹10.3697
22 Oct 2013	₹10.3713
21 Oct 2013	₹10.3734
18 Oct 2013	₹10.3681

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.

LICMF Floater MIP-Plan A-Quarterly Dividend is a Income from LIC (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

LICMF Floater MIP-Plan A-Quarterly Dividend has NAV history starting from 03 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.

LICMF Floater MIP-Plan A-Quarterly Dividend is managed by LIC. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, LICMF Floater MIP-Plan A-Quarterly Dividend has delivered a absolute return of -1.11% — +11.98 pp ahead of the Income category average of -13.09%. The fund ranks #588 of 820 in its category — the third (Q3) quartile.

Over the trailing 3-year window, LICMF Floater MIP-Plan A-Quarterly Dividend has delivered a CAGR of 0.34% — +11.35 pp ahead of the Income category average of -11.01%. The fund ranks #211 of 385 in its category — the third (Q3) quartile.

Over the trailing 5-year window, LICMF Floater MIP-Plan A-Quarterly Dividend has delivered a CAGR of 1.86% — +9.23 pp ahead of the Income category average of -7.36%. The fund ranks #132 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in LICMF Floater MIP-Plan A-Quarterly Dividend exactly 5 years ago would be worth approximately ₹109,673 today — a multiplier of 1.10×, based on the 5-year CAGR of 1.86%. The category average over the same window would have grown ₹1 lakh to ₹68,226.

A ₹10,000 monthly SIP in LICMF Floater MIP-Plan A-Quarterly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹609,119 today. That's an XIRR (money-weighted annualised return) of 0.59%.

LICMF Floater MIP-Plan A-Quarterly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹851,087 — XIRR 0.37%.

On a 5-year basis, LICMF Floater MIP-Plan A-Quarterly Dividend ranks #132 out of 314 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -7.36%; this fund delivered 1.86%.

The worst peak-to-trough decline LICMF Floater MIP-Plan A-Quarterly Dividend has experienced over the last 5-year window is 5.99% — its NAV fell from a high on 30 Sep 2009 to a low on 30 Dec 2011. 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, LICMF Floater MIP-Plan A-Quarterly Dividend averaged 0.15% (best 1.86%, worst -0.83%). 56% of rolling windows ended positive. The 5-year Sharpe ratio is -0.89 — negative risk-adjusted performance.

In calendar year 2012, LICMF Floater MIP-Plan A-Quarterly Dividend returned 4.65% — beating the Income category average of 1.38% by 3.27 pp. It ranked #145 of 295 in its category that year.

LICMF Floater MIP-Plan A-Quarterly 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. LICMF Floater MIP-Plan A-Quarterly 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: 6.0%. 5-year CAGR: 1.86%.

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