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Friday, 5 Jun 2026 · IST
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PRINCIPAL

Principal Floating Rate Fund - SMP-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).
Category
Liquid
Plan type
Dividend
Structure
Open-ended
AMFI Scheme Code
102729
ISIN (Growth)
ISIN (Dividend)

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
No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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 +0.04% -3.56% +3.60 3 / 84 Q1
1W +0.15% -3.52% +3.67 11 / 84 Q1
2W +0.13% -3.50% +3.63 22 / 84 Q2
1M +0.15% -6.74% +6.89 32 / 87 Q2
3M +14.30% -6.22% +20.52 1 / 86 Q1
6M +7.92% -6.43% +14.35 1 / 84 Q1
YTD +9.39% -6.15% +15.54 1 / 85 Q1
1Y +11.51% -5.38% +16.89 1 / 84 Q1
2Y +5.70% -6.52% +12.22 13 / 86 Q1
3Y +5.77% -6.38% +12.15 14 / 85 Q1
4Y +6.38% -7.58% +13.96 11 / 74 Q1
5Y +6.81% -4.41% +11.23 10 / 61 Q1
7Y +7.64% +0.51% +7.14 6 / 50 Q1
10Y +7.75% +0.08% +7.67 4 / 47 Q1
Inception +7.54% -6.05% +13.59 6 / 88 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
2020 YTD +9.39% +1.38% +8.01 1 / 22
2019 -0.22% +2.92% -3.13 23 / 24
2018 +6.34% +1.53% +4.81 3 / 32
2017 +7.35% +2.08% +5.27 1 / 40
2016 +8.45% +2.54% +5.91 2 / 49
2015 +9.17% +2.88% +6.29 1 / 50
2014 +9.66% +2.21% +7.44 1 / 50
2013 +6.97% +2.22% +4.75 15 / 51
2012 +9.29% +2.94% +6.35 8 / 58
2011 +8.85% -4.13% +12.98 9 / 67
2010 +5.32% -2.87% +8.19 9 / 68

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
+7.25%
164 windows
min -7.2% · max 12.0%
95% positive
3-Year rolling
+7.53%
140 windows
min 1.8% · max 9.5%
100% positive
5-Year rolling
+7.75%
116 windows
min 4.4% · max 8.8%
100% positive
7-Year rolling
+7.81%
91 windows
min 5.5% · max 8.6%
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
9.32%
3-year · annualised
Sharpe ratio
-0.05
vs risk-free 6.5%
Sortino ratio
-0.09
Downside-only deviation
Max drawdown
-8.11%
Jun 2019 → Apr 2020
% positive months
94.4%
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
4 Sep 2020 ₹3,105.3182
3 Sep 2020 ₹3,103.9632
2 Sep 2020 ₹3,104.4580
1 Sep 2020 ₹3,104.3099
31 Aug 2020 ₹3,103.8012
28 Aug 2020 ₹3,100.6235
27 Aug 2020 ₹3,101.1818
26 Aug 2020 ₹3,101.4375
25 Aug 2020 ₹3,101.3835
24 Aug 2020 ₹3,100.7144

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 - SMP-Insti. Growth is a Liquid 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 - SMP-Insti. Growth has NAV history starting from 01 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 - SMP-Insti. Growth is managed by PRINCIPAL. It's classified by AMFI under the 'Liquid' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, Principal Floating Rate Fund - SMP-Insti. Growth has delivered a absolute return of 11.51% — +16.89 pp ahead of the Liquid category average of -5.38%. The fund ranks #1 of 84 in its category — the top (Q1) quartile.
Over the trailing 3-year window, Principal Floating Rate Fund - SMP-Insti. Growth has delivered a CAGR of 5.77% — +12.15 pp ahead of the Liquid category average of -6.38%. The fund ranks #14 of 85 in its category — the top (Q1) quartile.
Over the trailing 5-year window, Principal Floating Rate Fund - SMP-Insti. Growth has delivered a CAGR of 6.81% — +11.23 pp ahead of the Liquid category average of -4.41%. The fund ranks #10 of 61 in its category — the top (Q1) quartile.
₹1 lakh invested in Principal Floating Rate Fund - SMP-Insti. Growth exactly 10 years ago would be worth approximately ₹210,908 today — a multiplier of 2.11×, based on the 10-year CAGR of 7.75%. The category average over the same window would have grown ₹1 lakh to ₹100,791.
A ₹10,000 monthly SIP in Principal Floating Rate Fund - SMP-Insti. Growth over the last 5 years — total invested ₹600,000 — would be worth ₹711,322 today. That's an XIRR (money-weighted annualised return) of 6.73%.
A ₹10,000 monthly SIP for 10 years in Principal Floating Rate Fund - SMP-Insti. Growth = ₹1,200,000 invested. It would currently be worth ₹1,754,954 (multiplier 1.46×). XIRR: 7.37%. 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 - SMP-Insti. Growth ranks #10 out of 61 funds in the Liquid category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -4.41%; this fund delivered 6.81%.
The worst peak-to-trough decline Principal Floating Rate Fund - SMP-Insti. Growth has experienced over the last 5-year window is 8.11% — its NAV fell from a high on 03 Jun 2019 to a low on 30 Apr 2020. 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 - SMP-Insti. Growth averaged 7.75% (best 8.83%, worst 4.44%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.05 — weak risk-adjusted performance.
In calendar year 2019, Principal Floating Rate Fund - SMP-Insti. Growth returned -0.22% — lagging the Liquid category average of 2.92% by 3.13 pp. It ranked #23 of 24 in its category that year.
Principal Floating Rate Fund - SMP-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 - SMP-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: 8.1%. 5-year CAGR: 6.81%.

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