MF Gyan
otherLow risk13 years old

LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option

A specialised fund. Check the scheme details for what it invests in. From LIC Mutual Fund. It's been running since 22 Aug 2013.

Latest price per unit
₹10.4383
▲ 0.05% today
As of 31 Oct 2013 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 500 other funds in Income

Same plan
Bumpiness (3Y)
3.49%median 5.00% (-1.51%)
Rank #191 of 501Less risky than 61% of peers
Worst-ever drop
-0.81%median -6.85% (+6.04%)
Rank #391 of 501Less risky than 22% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
3.5%

The value swings roughly 3% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.81%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option against other other funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch19.16%
Volatility — 1 year (annualised)3.49%
Volatility — 3 years (annualised)3.49%
Max drawdown — 1 year-0.81%
Max drawdown — 3 years-0.81%
Sharpe ratio — 1 year (rf=6%)3.45
Sharpe ratio — 3 years (rf=6%)3.45

Fund info

Fund house
LIC Mutual Fund
Category
Income
Plan
Direct
Option
—
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
120325
First price on record
22 Aug 2013 · 48 daily prices

About LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option

LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option is a Income offered by LIC Mutual Fund under the Direct. It has approximately 13 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option is ₹10.4383 (as of 31 Oct 2013). Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 3.5% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.8%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option?+

The latest NAV of LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option is ₹10.4383 as of 31 Oct 2013, up 0.05% from the previous day. NAV is updated once a business day after the market close.

What category does LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option belong to?+

LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option?+

Based on its 3-year annualised volatility of 3.5%, LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option a direct plan?+

LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option is a Direct plan (no distributor commission — lower expense ratio).

How old is LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option?+

LIC NOMURA MF Floater MIP - Direct Plan-Monthly Option has NAV history available from 22 Aug 2013 — approximately 13 years of track record and 48 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.