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

We don't give personal investment advice. LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend 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: 2.2%. 5-year CAGR: 0.00%.

LIC

LICMF Floating Rate Fund - Short Term Plan-Weekly 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	+0.00%	-8.69%	+8.69	17 / 23	Q3
1W	+0.01%	-8.62%	+8.63	17 / 23	Q3
2W	-0.02%	-8.56%	+8.54	21 / 23	Q4
1M	+0.06%	-8.48%	+8.53	15 / 23	Q3
3M	-1.78%	-7.99%	+6.21	21 / 23	Q4
6M	-0.88%	-7.23%	+6.35	21 / 23	Q4
YTD	+0.09%	-14.84%	+14.93	15 / 25	Q3
1Y	+0.00%	-17.92%	+17.92	17 / 24	Q3
2Y	-0.03%	-17.12%	+17.09	19 / 25	Q4
3Y	-0.01%	-29.96%	+29.95	18 / 31	Q3
4Y	+0.01%	-22.63%	+22.64	16 / 28	Q3
5Y	+0.00%	-18.05%	+18.06	15 / 24	Q3
7Y	-0.01%	+3.72%	-3.73	15 / 16	Q4
10Y	—	—	—	—	—
Inception	+0.02%	-27.72%	+27.74	19 / 30	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
2014 YTD	+0.09%	+3.53%	-3.44	14 / 18
2013	+0.00%	+3.32%	-3.32	15 / 20
2012	-0.13%	+3.06%	-3.19	17 / 18
2011	+0.04%	-5.64%	+5.68	13 / 21
2010	+0.02%	-19.63%	+19.66	16 / 23
2009	-0.05%	-7.48%	+7.44	16 / 21
2008	+0.03%	-0.77%	+0.79	16 / 20
2007	+0.15%	-7.74%	+7.90	11 / 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

+0.07%

85 windows

min -0.2% · max 1.3%

69% positive

3-Year rolling

-0.13%

61 windows

min -10.3% · max 0.6%

62% positive

5-Year rolling

+0.04%

36 windows

min 0.0% · max 0.4%

56% positive

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

7-Year rolling

+0.07%

12 windows

min 0.0% · max 0.3%

67% 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

1.20%

3-year · annualised

Sharpe ratio

-5.42

vs risk-free 6.5%

Sortino ratio

-5.89

Downside-only deviation

Max drawdown

-2.24%

Dec 2013 → Dec 2013

% positive months

66.7%

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	₹10.1517
28 Feb 2014	₹10.1458
26 Feb 2014	₹10.1419
25 Feb 2014	₹10.1400
24 Feb 2014	₹10.1510
21 Feb 2014	₹10.1456
20 Feb 2014	₹10.1437
18 Feb 2014	₹10.1400
17 Feb 2014	₹10.1535
14 Feb 2014	₹10.1469

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-Weekly Dividend 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-Weekly 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 Floating Rate Fund - Short Term Plan-Weekly Dividend 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-Weekly Dividend has delivered a absolute return of 0.00% — +17.92 pp ahead of the Floating Rate category average of -17.92%. The fund ranks #17 of 24 in its category — the third (Q3) quartile.

Over the trailing 3-year window, LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend has delivered a CAGR of -0.01% — +29.95 pp ahead of the Floating Rate category average of -29.96%. The fund ranks #18 of 31 in its category — the third (Q3) quartile.

Over the trailing 5-year window, LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend has delivered a CAGR of 0.00% — +18.06 pp ahead of the Floating Rate category average of -18.05%. The fund ranks #15 of 24 in its category — the third (Q3) quartile.

₹1 lakh invested in LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend exactly 5 years ago would be worth approximately ₹100,013 today — a multiplier of 1.00×, based on the 5-year CAGR of 0.00%. 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-Weekly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹599,276 today. That's an XIRR (money-weighted annualised return) of -0.05%.

LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹839,154 — XIRR -0.03%.

On a 5-year basis, LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend ranks #15 out of 24 funds in the Floating Rate category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -18.05%; this fund delivered 0.00%.

The worst peak-to-trough decline LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend has experienced over the last 5-year window is 2.24% — its NAV fell from a high on 23 Dec 2013 to a low on 24 Dec 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, LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend averaged 0.04% (best 0.35%, worst -0.04%). 56% of rolling windows ended positive. The 5-year Sharpe ratio is -6.93 — negative risk-adjusted performance.

In calendar year 2013, LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend returned 0.00% — lagging the Floating Rate category average of 3.32% by 3.32 pp. It ranked #15 of 20 in its category that year.

LICMF Floating Rate Fund - Short Term Plan-Weekly Dividend 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-Weekly Dividend 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: 2.2%. 5-year CAGR: 0.00%.

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