Should I invest in LICMF Floating Rate Fund - Short Term Plan?

We don't give personal investment advice. LICMF Floating Rate Fund - Short Term Plan-Growth is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 5.6%. 5-year CAGR: 7.08%.

LIC

LICMF Floating Rate Fund - Short Term Plan-Growth

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	+0.00%	-8.69%	+8.69	16 / 23	Q3
1W	+0.14%	-8.62%	+8.75	7 / 23	Q2
2W	+0.26%	-8.56%	+8.83	4 / 23	Q1
1M	+0.62%	-8.48%	+9.09	2 / 23	Q1
3M	+1.88%	-7.99%	+9.87	2 / 23	Q1
6M	+4.09%	-7.23%	+11.32	2 / 23	Q1
YTD	+1.22%	-14.84%	+16.06	7 / 25	Q2
1Y	+7.89%	-17.92%	+25.81	1 / 24	Q1
2Y	+8.01%	-17.12%	+25.13	1 / 25	Q1
3Y	+8.01%	-29.96%	+37.97	3 / 31	Q1
4Y	+7.42%	-22.63%	+30.06	5 / 28	Q1
5Y	+7.08%	-18.05%	+25.13	6 / 24	Q1
7Y	+7.74%	+3.72%	+4.02	4 / 16	Q1
10Y	—	—	—	—	—
Inception	+7.72%	-27.72%	+35.44	4 / 30	Q1

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
2014 YTD	+1.22%	+3.53%	-2.31	10 / 18
2013	+7.88%	+3.32%	+4.56	6 / 20
2012	+8.29%	+3.06%	+5.23	6 / 18
2011	+7.69%	-5.64%	+13.33	8 / 21
2010	+5.32%	-19.63%	+24.95	2 / 23
2009	+6.38%	-7.48%	+13.87	2 / 21
2008	+10.17%	-0.77%	+10.93	1 / 20
2007	+8.54%	-7.74%	+16.28	2 / 19
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

+7.74%

85 windows

min 5.3% · max 10.2%

100% positive

3-Year rolling

+7.66%

61 windows

min 5.3% · max 18.8%

100% positive

5-Year rolling

+7.49%

36 windows

min 7.1% · max 7.7%

100% positive

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

7-Year rolling

+7.74%

12 windows

min 7.7% · max 7.8%

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

0.26%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.06%

Jul 2013 → Jul 2013

% positive months

100.0%

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
3 Mar 2014	₹20.0564
28 Feb 2014	₹20.0447
26 Feb 2014	₹20.0370
25 Feb 2014	₹20.0332
24 Feb 2014	₹20.0293
21 Feb 2014	₹20.0185
20 Feb 2014	₹20.0149
18 Feb 2014	₹20.0075
17 Feb 2014	₹20.0035
14 Feb 2014	₹19.9906

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 Floating Rate Fund - Short Term Plan-Growth is a Floating Rate 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 Floating Rate Fund - Short Term Plan-Growth 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 Floating Rate Fund - Short Term Plan-Growth is managed by LIC. It's classified by AMFI under the 'Floating Rate' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, LICMF Floating Rate Fund - Short Term Plan-Growth has delivered a absolute return of 7.89% — +25.81 pp ahead of the Floating Rate category average of -17.92%. The fund ranks #1 of 24 in its category — the top (Q1) quartile.

Over the trailing 3-year window, LICMF Floating Rate Fund - Short Term Plan-Growth has delivered a CAGR of 8.01% — +37.97 pp ahead of the Floating Rate category average of -29.96%. The fund ranks #3 of 31 in its category — the top (Q1) quartile.

Over the trailing 5-year window, LICMF Floating Rate Fund - Short Term Plan-Growth has delivered a CAGR of 7.08% — +25.13 pp ahead of the Floating Rate category average of -18.05%. The fund ranks #6 of 24 in its category — the top (Q1) quartile.

₹1 lakh invested in LICMF Floating Rate Fund - Short Term Plan-Growth exactly 5 years ago would be worth approximately ₹140,751 today — a multiplier of 1.41×, based on the 5-year CAGR of 7.08%. The category average over the same window would have grown ₹1 lakh to ₹36,952.

A ₹10,000 monthly SIP in LICMF Floating Rate Fund - Short Term Plan-Growth over the last 5 years — total invested ₹600,000 — would be worth ₹726,571 today. That's an XIRR (money-weighted annualised return) of 7.59%.

LICMF Floating Rate Fund - Short Term Plan-Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,099,215 — XIRR 7.56%.

On a 5-year basis, LICMF Floating Rate Fund - Short Term Plan-Growth ranks #6 out of 24 funds in the Floating Rate category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -18.05%; this fund delivered 7.08%.

The worst peak-to-trough decline LICMF Floating Rate Fund - Short Term Plan-Growth has experienced over the last 5-year window is 5.56% — its NAV fell from a high on 08 Apr 2010 to a low on 09 Apr 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 Floating Rate Fund - Short Term Plan-Growth averaged 7.49% (best 7.68%, worst 7.08%). 100% of rolling windows ended positive.

In calendar year 2013, LICMF Floating Rate Fund - Short Term Plan-Growth returned 7.88% — beating the Floating Rate category average of 3.32% by 4.56 pp. It ranked #6 of 20 in its category that year.

LICMF Floating Rate Fund - Short Term Plan-Growth doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. LICMF Floating Rate Fund - Short Term Plan-Growth is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 5.6%. 5-year CAGR: 7.08%.

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

LICMF Floating Rate Fund - Short Term Plan-Growth

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Recent NAVs

Frequently asked questions

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