Religare
Religare Liquid Fund - Institutional - Daily Dividend
Unit split applied to historical metrics
This scheme had
a 100× unit consolidation on
27 Feb 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
104483
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 | +0.00% | +0.34% | -0.34 | 96 / 110 | Q4 |
| 1W | +0.00% | +0.31% | -0.31 | 85 / 107 | Q4 |
| 2W | +0.00% | +0.36% | -0.36 | 81 / 106 | Q4 |
| 1M | +0.00% | +0.37% | -0.37 | 86 / 106 | Q4 |
| 3M | +0.10% | +0.70% | -0.60 | 36 / 105 | Q2 |
| 6M | +0.10% | -0.73% | +0.83 | 37 / 105 | Q2 |
| YTD | +0.10% | -1.59% | +1.69 | 45 / 102 | Q2 |
| 1Y | +0.10% | -0.61% | +0.71 | 40 / 100 | Q2 |
| 2Y | +0.05% | -0.86% | +0.91 | 41 / 96 | Q2 |
| 3Y | +0.03% | -1.06% | +1.09 | 45 / 89 | Q3 |
| 4Y | +0.03% | -1.39% | +1.41 | 42 / 86 | Q2 |
| 5Y | +0.01% | +0.08% | -0.07 | 43 / 76 | Q3 |
| 7Y | +0.01% | -1.37% | +1.38 | 34 / 53 | Q3 |
| 10Y | — | — | — | — | — |
| Inception | +0.02% | -1.26% | +1.28 | 58 / 110 | Q3 |
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 |
|---|---|---|---|---|
| 2014 YTD | +0.10% | +2.71% | -2.61 | 22 / 47 |
| 2013 | +0.00% | +0.78% | -0.78 | 41 / 64 |
| 2012 | +0.00% | +155.04% | -155.04 | 57 / 65 |
| 2011 | +0.00% | -0.45% | +0.45 | 34 / 67 |
| 2010 | -0.04% | -1.24% | +1.20 | 69 / 73 |
| 2009 | +0.03% | +0.17% | -0.14 | 30 / 75 |
| 2008 | +0.02% | +2.60% | -2.57 | 34 / 61 |
| 2007 | +0.01% | +0.04% | -0.03 | 27 / 48 |
| 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%
83 windows
min 0.0% · max 0.2%
58% positive
3-Year rolling
+0.00%
59 windows
min 0.0% · max 0.0%
58% positive
Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.
5-Year rolling
+0.00%
34 windows
min 0.0% · max 0.0%
53% positive
Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.
7-Year rolling
+0.01%
10 windows
min 0.0% · max 0.0%
90% 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
0.08%
3-year · annualised
Sharpe ratio
—
vs risk-free 6.5%
Sortino ratio
—
Downside-only deviation
Max drawdown
-0.23%
Aug 2011 → Jul 2013
% positive months
8.3%
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 |
|---|---|
| 26 Aug 2014 | ₹1,001.2500 |
| 25 Aug 2014 | ₹1,001.2500 |
| 24 Aug 2014 | ₹1,001.2500 |
| 22 Aug 2014 | ₹1,001.2500 |
| 21 Aug 2014 | ₹1,001.2500 |
| 20 Aug 2014 | ₹1,001.2500 |
| 19 Aug 2014 | ₹1,001.2500 |
| 18 Aug 2014 | ₹1,001.2500 |
| 14 Aug 2014 | ₹1,001.2500 |
| 13 Aug 2014 | ₹1,001.2500 |
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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 Liquid Fund - Institutional - Daily Dividend is a Liquid from Religare (Institutional 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 Liquid Fund - Institutional - Daily Dividend has NAV history starting from 19 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.
Religare Liquid Fund - Institutional - Daily Dividend is managed by Religare. It's classified by AMFI under the 'Liquid' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, Religare Liquid Fund - Institutional - Daily Dividend has delivered a absolute return of 0.10% — +0.71 pp ahead of the Liquid category average of -0.61%. The fund ranks #40 of 100 in its category — the second (Q2) quartile.
Over the trailing 3-year window, Religare Liquid Fund - Institutional - Daily Dividend has delivered a CAGR of 0.03% — +1.09 pp ahead of the Liquid category average of -1.06%. The fund ranks #45 of 89 in its category — the third (Q3) quartile.
Over the trailing 5-year window, Religare Liquid Fund - Institutional - Daily Dividend has delivered a CAGR of 0.01% — -0.07 pp behind the Liquid category average of 0.08%. The fund ranks #43 of 76 in its category — the third (Q3) quartile.
₹1 lakh invested in Religare Liquid Fund - Institutional - Daily Dividend exactly 5 years ago would be worth approximately ₹100,061 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 ₹100,422.
A ₹10,000 monthly SIP in Religare Liquid Fund - Institutional - Daily Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹600,568 today. That's an XIRR (money-weighted annualised return) of 0.04%.
Religare Liquid Fund - Institutional - Daily Dividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹840,792 — XIRR 0.03%.
On a 5-year basis, Religare Liquid Fund - Institutional - Daily Dividend ranks #43 out of 76 funds in the Liquid category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 0.08%; this fund delivered 0.01%.
The worst peak-to-trough decline Religare Liquid Fund - Institutional - Daily Dividend has experienced over the last 5-year window is 0.27% — its NAV fell from a high on 26 Aug 2009 to a low on 16 Jul 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 Liquid Fund - Institutional - Daily Dividend averaged 0.00% (best 0.01%, worst -0.01%). 53% of rolling windows ended positive.
In calendar year 2013, Religare Liquid Fund - Institutional - Daily Dividend returned 0.00% — lagging the Liquid category average of 0.78% by 0.78 pp. It ranked #41 of 64 in its category that year.
Religare Liquid Fund - Institutional - Daily Dividend 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 Liquid Fund - Institutional - Daily Dividend 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.
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