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

We don't give personal investment advice. LICMF Floater MIP-Plan A-Yearly 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: 13.0%. 5-year CAGR: 2.89%.

LIC

LICMF Floater MIP-Plan A-Yearly 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	81 / 1129	Q1
1W	+0.48%	-13.04%	+13.52	84 / 1151	Q1
2W	+0.90%	-13.18%	+14.08	59 / 1149	Q1
1M	+1.76%	-13.26%	+15.03	43 / 1137	Q1
3M	+2.88%	-13.15%	+16.03	69 / 1116	Q1
6M	+3.03%	-15.45%	+18.48	261 / 906	Q2
YTD	+2.03%	-15.77%	+17.81	251 / 952	Q2
1Y	+3.89%	-13.09%	+16.98	347 / 820	Q2
2Y	+3.56%	-12.72%	+16.28	165 / 446	Q2
3Y	+1.23%	-11.01%	+12.23	184 / 385	Q2
4Y	-0.05%	-6.52%	+6.46	253 / 339	Q3
5Y	+2.89%	-7.36%	+10.25	114 / 314	Q2
7Y	+0.59%	+2.53%	-1.94	154 / 234	Q3
10Y	—	—	—	—	—
Inception	+0.87%	-13.63%	+14.51	420 / 1199	Q2

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	+2.03%	-1.95%	+3.99	112 / 276
2012	+8.18%	+1.38%	+6.80	118 / 295
2011	-6.35%	-3.16%	-3.19	289 / 317
2010	—	—	—	—
2009	+13.32%	-12.86%	+26.18	58 / 713
2008	-17.03%	-2.02%	-15.01	364 / 380
2007	+9.59%	+4.84%	+4.76	36 / 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

+0.58%

81 windows

min -18.1% · max 16.5%

54% positive

3-Year rolling

+0.08%

56 windows

min -4.2% · max 2.9%

55% positive

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

5-Year rolling

-0.05%

32 windows

min -2.2% · max 2.9%

41% positive

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

7-Year rolling

+0.60%

8 windows

min 0.2% · max 1.0%

100% 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

5.43%

3-year · annualised

Sharpe ratio

-0.95

vs risk-free 6.5%

Sortino ratio

-1.28

Downside-only deviation

Max drawdown

-7.71%

Apr 2011 → Dec 2011

% positive months

58.3%

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	₹11.2566
30 Oct 2013	₹11.2510
29 Oct 2013	₹11.2449
28 Oct 2013	₹11.1943
25 Oct 2013	₹11.1983
24 Oct 2013	₹11.2030
23 Oct 2013	₹11.1964
22 Oct 2013	₹11.1981
21 Oct 2013	₹11.2004
18 Oct 2013	₹11.1946

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-Yearly 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-Yearly 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-Yearly 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-Yearly Dividend has delivered a absolute return of 3.89% — +16.98 pp ahead of the Income category average of -13.09%. The fund ranks #347 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, LICMF Floater MIP-Plan A-Yearly Dividend has delivered a CAGR of 1.23% — +12.23 pp ahead of the Income category average of -11.01%. The fund ranks #184 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, LICMF Floater MIP-Plan A-Yearly Dividend has delivered a CAGR of 2.89% — +10.25 pp ahead of the Income category average of -7.36%. The fund ranks #114 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in LICMF Floater MIP-Plan A-Yearly Dividend exactly 5 years ago would be worth approximately ₹115,308 today — a multiplier of 1.15×, based on the 5-year CAGR of 2.89%. 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-Yearly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹632,735 today. That's an XIRR (money-weighted annualised return) of 2.09%.

LICMF Floater MIP-Plan A-Yearly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹881,315 — XIRR 1.35%.

On a 5-year basis, LICMF Floater MIP-Plan A-Yearly Dividend ranks #114 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 2.89%.

The worst peak-to-trough decline LICMF Floater MIP-Plan A-Yearly Dividend has experienced over the last 5-year window is 12.95% — its NAV fell from a high on 08 Mar 2010 to a low on 10 Mar 2010. 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-Yearly Dividend averaged -0.05% (best 2.89%, worst -2.17%). 41% of rolling windows ended positive. The 5-year Sharpe ratio is -0.45 — negative risk-adjusted performance.

In calendar year 2012, LICMF Floater MIP-Plan A-Yearly Dividend returned 8.18% — beating the Income category average of 1.38% by 6.80 pp. It ranked #118 of 295 in its category that year.

LICMF Floater MIP-Plan A-Yearly 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-Yearly 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: 13.0%. 5-year CAGR: 2.89%.

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