Should I invest in Fidelity Cash Fund - Monthly Dividend Option?

We don't give personal investment advice. Fidelity Cash Fund - Retail Plan - Monthly Dividend Option 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: 0.9%. 5-year CAGR: 0.01%.

Fidelity

Fidelity Cash Fund - Retail Plan - Monthly Dividend Option

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	+0.02%	+0.01%	+0.01	10 / 29	Q2
1W	+0.14%	+0.01%	+0.14	4 / 29	Q1
2W	+0.29%	+0.07%	+0.22	2 / 29	Q1
1M	-0.02%	+0.15%	-0.17	26 / 29	Q4
3M	-0.07%	+0.39%	-0.46	27 / 29	Q4
6M	-0.17%	+0.88%	-1.05	29 / 29	Q4
YTD	+0.45%	+0.97%	-0.52	7 / 29	Q1
1Y	-0.01%	+1.77%	-1.78	23 / 29	Q4
2Y	+0.04%	+1.77%	-1.74	10 / 26	Q2
3Y	+0.12%	+1.81%	-1.69	9 / 25	Q2
4Y	-0.01%	+1.76%	-1.77	18 / 26	Q3
5Y	+0.01%	+2.01%	-2.00	9 / 23	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.08%	+1.80%	-1.72	10 / 27	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
2012 YTD	+0.45%	+2.03%	-1.58	9 / 26
2011	+0.01%	+1.81%	-1.80	19 / 28
2010	+0.04%	+1.35%	-1.31	19 / 27
2009	-0.08%	+1.09%	-1.17	21 / 25
2008	-0.02%	+2.40%	-2.41	14 / 15
2007	+0.04%	+2.59%	-2.55	5 / 9
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

+0.01%

61 windows

min -0.2% · max 0.7%

51% positive

3-Year rolling

+0.02%

37 windows

min -0.2% · max 0.2%

49% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+0.05%

13 windows

min 0.0% · max 0.1%

77% positive

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

7-Year rolling

—

Insufficient history

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

0.18%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.79%

Apr 2012 → Aug 2012

% positive months

61.1%

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
22 Nov 2012	₹10.0616
21 Nov 2012	₹10.0596
20 Nov 2012	₹10.0575
19 Nov 2012	₹10.0555
18 Nov 2012	₹10.0535
16 Nov 2012	₹10.0494
15 Nov 2012	₹10.0474
14 Nov 2012	₹10.0453
12 Nov 2012	₹10.0411
11 Nov 2012	₹10.0390

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.

Fidelity Cash Fund - Retail Plan - Monthly Dividend Option is a Liquid from Fidelity (Retail plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Fidelity Cash Fund - Retail Plan - Monthly Dividend Option has NAV history starting from 29 Nov 2006, a track record of about 19 years 6 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.

Fidelity Cash Fund - Retail Plan - Monthly Dividend Option is managed by Fidelity. It's classified by AMFI under the 'Liquid' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Fidelity Cash Fund - Retail Plan - Monthly Dividend Option has delivered a absolute return of -0.01% — -1.78 pp behind the Liquid category average of 1.77%. The fund ranks #23 of 29 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Fidelity Cash Fund - Retail Plan - Monthly Dividend Option has delivered a CAGR of 0.12% — -1.69 pp behind the Liquid category average of 1.81%. The fund ranks #9 of 25 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Fidelity Cash Fund - Retail Plan - Monthly Dividend Option has delivered a CAGR of 0.01% — -2 pp behind the Liquid category average of 2.01%. The fund ranks #9 of 23 in its category — the second (Q2) quartile.

₹1 lakh invested in Fidelity Cash Fund - Retail Plan - Monthly Dividend Option exactly 5 years ago would be worth approximately ₹100,047 today — a multiplier of 1.00×, based on the 5-year CAGR of 0.01%. The category average over the same window would have grown ₹1 lakh to ₹110,464.

A ₹10,000 monthly SIP in Fidelity Cash Fund - Retail Plan - Monthly Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹600,592 today. That's an XIRR (money-weighted annualised return) of 0.04%.

Fidelity Cash Fund - Retail Plan - Monthly Dividend Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹600,592 — XIRR 0.04%.

On a 5-year basis, Fidelity Cash Fund - Retail Plan - Monthly Dividend Option ranks #9 out of 23 funds in the Liquid category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.01%; this fund delivered 0.01%.

The worst peak-to-trough decline Fidelity Cash Fund - Retail Plan - Monthly Dividend Option has experienced over the last 5-year window is 0.88% — its NAV fell from a high on 26 Oct 2008 to a low on 30 Aug 2009. 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, Fidelity Cash Fund - Retail Plan - Monthly Dividend Option averaged 0.05% (best 0.15%, worst -0.01%). 77% of rolling windows ended positive.

In calendar year 2011, Fidelity Cash Fund - Retail Plan - Monthly Dividend Option returned 0.01% — lagging the Liquid category average of 1.81% by 1.80 pp. It ranked #19 of 28 in its category that year.

Fidelity Cash Fund - Retail Plan - Monthly Dividend Option 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. Fidelity Cash Fund - Retail Plan - Monthly Dividend Option 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: 0.9%. 5-year CAGR: 0.01%.

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