Religare
Religare GILT Fund - Short Duration Plan - Regular - Growth
Unit split applied to historical metrics
This scheme had
a 100× unit consolidation on
22 Apr 2013.
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
Gilt
Plan type
Dividend
Structure
Open-ended
AMFI Scheme Code
107481
ISIN (Growth)
—
ISIN (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 | +0.01% | -0.05% | +0.05 | 11 / 17 | Q3 |
| 1W | +0.11% | +0.21% | -0.10 | 9 / 17 | Q3 |
| 2W | +0.22% | +0.30% | -0.08 | 12 / 17 | Q3 |
| 1M | +0.39% | +0.24% | +0.16 | 9 / 17 | Q3 |
| 3M | +1.45% | +1.68% | -0.23 | 10 / 17 | Q3 |
| 6M | +3.31% | +2.93% | +0.38 | 7 / 17 | Q2 |
| YTD | +6.78% | +3.53% | +3.25 | 5 / 17 | Q2 |
| 1Y | +7.12% | +4.79% | +2.33 | 8 / 17 | Q2 |
| 2Y | +8.08% | +3.77% | +4.30 | 2 / 17 | Q1 |
| 3Y | +10.34% | +3.93% | +6.41 | 1 / 17 | Q1 |
| 4Y | +9.46% | +5.32% | +4.14 | 1 / 12 | Q1 |
| 5Y | +8.73% | +5.53% | +3.20 | 4 / 12 | Q2 |
| 7Y | +6.63% | +5.35% | +1.27 | 5 / 11 | Q2 |
| 10Y | — | — | — | — | — |
| Inception | +6.36% | +4.62% | +1.73 | 7 / 17 | 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 |
|---|---|---|---|---|
| 2015 YTD | +6.78% | +3.15% | +3.63 | 3 / 11 |
| 2014 | +9.19% | +9.33% | -0.14 | 7 / 12 |
| 2013 | +14.98% | +2.09% | +12.90 | 1 / 12 |
| 2012 | +6.87% | +6.47% | +0.40 | 8 / 14 |
| 2011 | +5.91% | +5.07% | +0.83 | 5 / 15 |
| 2010 | +2.13% | +2.35% | -0.22 | 10 / 15 |
| 2009 | +0.99% | -5.08% | +6.07 | 1 / 11 |
| 2008 | — | — | — | — |
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
+6.64%
84 windows
min 0.5% · max 15.0%
100% positive
3-Year rolling
+7.04%
60 windows
min 2.4% · max 10.5%
100% positive
5-Year rolling
+6.98%
36 windows
min 5.1% · max 8.7%
100% positive
Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.
7-Year rolling
+6.56%
11 windows
min 6.4% · max 6.6%
100% 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
2.85%
3-year · annualised
Sharpe ratio
1.20
vs risk-free 6.5%
Sortino ratio
—
Downside-only deviation
Max drawdown
-0.43%
Jun 2013 → Jun 2013
% positive months
97.2%
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 Dec 2015 | ₹1,624.7432 |
| 21 Dec 2015 | ₹1,624.6142 |
| 18 Dec 2015 | ₹1,624.3892 |
| 17 Dec 2015 | ₹1,624.5760 |
| 16 Dec 2015 | ₹1,624.1141 |
| 15 Dec 2015 | ₹1,622.9460 |
| 14 Dec 2015 | ₹1,622.3933 |
| 11 Dec 2015 | ₹1,622.0518 |
| 10 Dec 2015 | ₹1,621.7752 |
| 9 Dec 2015 | ₹1,621.4870 |
Advertisement
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.
Religare GILT Fund - Short Duration Plan - Regular - Growth is a Gilt from Religare (Regular plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.
Religare GILT Fund - Short Duration Plan - Regular - Growth has NAV history starting from 11 Feb 2008, a track record of about 18 years 3 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.
Religare GILT Fund - Short Duration Plan - Regular - Growth is managed by Religare. It's classified by AMFI under the 'Gilt' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, Religare GILT Fund - Short Duration Plan - Regular - Growth has delivered a absolute return of 7.12% — +2.33 pp ahead of the Gilt category average of 4.79%. The fund ranks #8 of 17 in its category — the second (Q2) quartile.
Over the trailing 3-year window, Religare GILT Fund - Short Duration Plan - Regular - Growth has delivered a CAGR of 10.34% — +6.41 pp ahead of the Gilt category average of 3.93%. The fund ranks #1 of 17 in its category — the top (Q1) quartile.
Over the trailing 5-year window, Religare GILT Fund - Short Duration Plan - Regular - Growth has delivered a CAGR of 8.73% — +3.2 pp ahead of the Gilt category average of 5.53%. The fund ranks #4 of 12 in its category — the second (Q2) quartile.
₹1 lakh invested in Religare GILT Fund - Short Duration Plan - Regular - Growth exactly 5 years ago would be worth approximately ₹151,966 today — a multiplier of 1.52×, based on the 5-year CAGR of 8.73%. The category average over the same window would have grown ₹1 lakh to ₹130,907.
A ₹10,000 monthly SIP in Religare GILT Fund - Short Duration Plan - Regular - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹752,992 today. That's an XIRR (money-weighted annualised return) of 9.01%.
Religare GILT Fund - Short Duration Plan - Regular - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,125,549 — XIRR 8.22%.
On a 5-year basis, Religare GILT Fund - Short Duration Plan - Regular - Growth ranks #4 out of 12 funds in the Gilt category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 5.53%; this fund delivered 8.73%.
The worst peak-to-trough decline Religare GILT Fund - Short Duration Plan - Regular - Growth has experienced over the last 5-year window is 0.43% — its NAV fell from a high on 17 Jun 2013 to a low on 26 Jun 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, Religare GILT Fund - Short Duration Plan - Regular - Growth averaged 6.98% (best 8.74%, worst 5.06%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.85 — reasonable risk-adjusted performance.
In calendar year 2014, Religare GILT Fund - Short Duration Plan - Regular - Growth returned 9.19% — lagging the Gilt category average of 9.33% by 0.14 pp. It ranked #7 of 12 in its category that year.
Religare GILT Fund - Short Duration Plan - Regular - 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. Religare GILT Fund - Short Duration Plan - Regular - 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)
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
More from Religare
- Religare Active Income Fund - Regular - AnnualDividend
- Religare Active Income Fund - Regular - Growth
- Religare Active Income Fund - Regular - MonthlyDividend
- Religare Active Income Fund - Regular - QuarterlyDividend
- Religare Arbitrage Fund - Dividend Option
- Religare Arbitrage Fund - Growth Option
- Religare Banking Fund - Retail Dividend
- Religare Banking Fund - Retail Growth