Should I invest in Principal Floating Rate Fund - FMP-Insti. Growth?

We don't give personal investment advice. Principal Floating Rate Fund - FMP-Insti. Growth 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: 16.6%. 5-year CAGR: 2.05%.

PRINCIPAL

Principal Floating Rate Fund - FMP-Insti. Growth

Unit split applied to historical metrics

This scheme had a 100× unit consolidation on 26 Dec 2011. Returns, SIP simulations and risk metrics on this page are split-adjusted — they reflect what a real investor's portfolio experienced (a consolidation doesn't change portfolio value, only the unit count and per-unit NAV).

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	+0.01%	-9.99%	+10.00	214 / 1129	Q1
1W	+0.08%	-13.04%	+13.12	290 / 1151	Q2
2W	+0.10%	-13.18%	+13.28	291 / 1149	Q2
1M	+0.21%	-13.26%	+13.47	289 / 1137	Q2
3M	+0.71%	-13.15%	+13.86	321 / 1116	Q2
6M	+1.64%	-15.45%	+17.09	372 / 906	Q2
YTD	+3.35%	-15.77%	+19.12	204 / 952	Q1
1Y	+3.38%	-13.09%	+16.47	360 / 820	Q2
2Y	+4.68%	-12.72%	+17.41	153 / 446	Q2
3Y	-1.04%	-11.01%	+9.97	307 / 385	Q4
4Y	+0.75%	-6.52%	+7.27	180 / 339	Q3
5Y	+2.05%	-7.36%	+9.41	128 / 314	Q2
7Y	+3.82%	+2.53%	+1.29	98 / 234	Q2
10Y	+5.37%	+3.14%	+2.23	36 / 101	Q2
Inception	+6.17%	-13.63%	+19.81	303 / 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
2021 YTD	+3.35%	+5.14%	-1.80	23 / 42
2020	+5.98%	+5.20%	+0.78	19 / 45
2019	-11.60%	-4.85%	-6.74	49 / 56
2018	+6.33%	+1.30%	+5.03	8 / 90
2017	+7.27%	+1.63%	+5.64	9 / 137
2016	+8.60%	+3.02%	+5.57	29 / 181
2015	+8.15%	+2.22%	+5.93	27 / 216
2014	+8.36%	+5.51%	+2.85	89 / 240
2013	+8.91%	-1.95%	+10.87	23 / 276
2012	+9.85%	+1.38%	+8.47	55 / 295
2011	+9.16%	-3.16%	+12.32	46 / 317

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

+6.41%

180 windows

min -15.4% · max 10.3%

93% positive

3-Year rolling

+6.39%

156 windows

min -1.5% · max 9.4%

89% positive

5-Year rolling

+6.93%

132 windows

min 2.0% · max 9.0%

100% positive

7-Year rolling

+7.15%

107 windows

min 3.8% · max 8.7%

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

9.98%

3-year · annualised

Sharpe ratio

-0.70

vs risk-free 6.5%

Sortino ratio

-0.76

Downside-only deviation

Max drawdown

-16.65%

May 2019 → Jun 2019

% positive months

88.9%

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
30 Dec 2021	₹2,801.5636
29 Dec 2021	₹2,801.2308
28 Dec 2021	₹2,800.7841
27 Dec 2021	₹2,800.5860
24 Dec 2021	₹2,799.7790
23 Dec 2021	₹2,799.3541
22 Dec 2021	₹2,799.0383
21 Dec 2021	₹2,799.1382
20 Dec 2021	₹2,799.4214
17 Dec 2021	₹2,799.0735

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.

Principal Floating Rate Fund - FMP-Insti. Growth is a Income from PRINCIPAL (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.

Principal Floating Rate Fund - FMP-Insti. 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.

Principal Floating Rate Fund - FMP-Insti. Growth is managed by PRINCIPAL. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Principal Floating Rate Fund - FMP-Insti. Growth has delivered a absolute return of 3.38% — +16.47 pp ahead of the Income category average of -13.09%. The fund ranks #360 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Principal Floating Rate Fund - FMP-Insti. Growth has delivered a CAGR of -1.04% — +9.97 pp ahead of the Income category average of -11.01%. The fund ranks #307 of 385 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Principal Floating Rate Fund - FMP-Insti. Growth has delivered a CAGR of 2.05% — +9.41 pp ahead of the Income category average of -7.36%. The fund ranks #128 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in Principal Floating Rate Fund - FMP-Insti. Growth exactly 10 years ago would be worth approximately ₹168,768 today — a multiplier of 1.69×, based on the 10-year CAGR of 5.37%. The category average over the same window would have grown ₹1 lakh to ₹136,244.

A ₹10,000 monthly SIP in Principal Floating Rate Fund - FMP-Insti. Growth over the last 5 years — total invested ₹600,000 — would be worth ₹623,530 today. That's an XIRR (money-weighted annualised return) of 1.51%.

A ₹10,000 monthly SIP for 10 years in Principal Floating Rate Fund - FMP-Insti. Growth = ₹1,200,000 invested. It would currently be worth ₹1,447,213 (multiplier 1.21×). XIRR: 3.67%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Principal Floating Rate Fund - FMP-Insti. Growth ranks #128 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 2.05%.

The worst peak-to-trough decline Principal Floating Rate Fund - FMP-Insti. Growth has experienced over the last 5-year window is 16.65% — its NAV fell from a high on 02 May 2019 to a low on 04 Jun 2019. 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, Principal Floating Rate Fund - FMP-Insti. Growth averaged 6.93% (best 8.96%, worst 2.05%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.53 — negative risk-adjusted performance.

In calendar year 2020, Principal Floating Rate Fund - FMP-Insti. Growth returned 5.98% — beating the Income category average of 5.20% by 0.78 pp. It ranked #19 of 45 in its category that year.

Principal Floating Rate Fund - FMP-Insti. Growth 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. Principal Floating Rate Fund - FMP-Insti. Growth 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: 16.6%. 5-year CAGR: 2.05%.

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