Should I invest in Fidelity Cash Fund?

We don't give personal investment advice. Fidelity Cash Fund - Institutional Plan - Growth 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: 2.1%. 5-year CAGR: 7.31%.

Fidelity

Fidelity Cash Fund - Institutional Plan - Growth 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%	+0.34%	-0.32	29 / 110	Q2
1W	+0.15%	+0.31%	-0.16	17 / 107	Q1
2W	+0.30%	+0.36%	-0.06	16 / 106	Q1
1M	+0.66%	+0.37%	+0.28	9 / 106	Q1
3M	+2.05%	+0.70%	+1.35	7 / 105	Q1
6M	+4.42%	-0.73%	+5.14	3 / 105	Q1
YTD	+8.38%	-1.59%	+9.97	3 / 102	Q1
1Y	+9.41%	-0.61%	+10.02	3 / 100	Q1
2Y	+8.98%	-0.86%	+9.84	5 / 96	Q1
3Y	+7.55%	-1.06%	+8.61	14 / 89	Q1
4Y	+7.00%	-1.39%	+8.38	15 / 86	Q1
5Y	+7.31%	+0.08%	+7.23	14 / 76	Q1
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+7.41%	-1.26%	+8.67	14 / 110	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
2012 YTD	+8.38%	+155.04%	-146.66	18 / 65
2011	+8.73%	-0.45%	+9.18	10 / 67
2010	+5.16%	-1.24%	+6.40	11 / 73
2009	+4.79%	+0.17%	+4.62	18 / 75
2008	+8.63%	+2.60%	+6.03	17 / 61
2007	+7.98%	+0.04%	+7.94	5 / 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

+7.20%

61 windows

min 3.8% · max 9.5%

100% positive

3-Year rolling

+6.54%

37 windows

min 6.2% · max 7.6%

100% positive

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

5-Year rolling

+7.17%

13 windows

min 7.0% · max 7.3%

100% 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

0.61%

3-year · annualised

Sharpe ratio

1.33

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.00%

Peak to trough

% positive months

100.0%

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	₹15.3582
21 Nov 2012	₹15.3550
20 Nov 2012	₹15.3517
19 Nov 2012	₹15.3484
18 Nov 2012	₹15.3451
16 Nov 2012	₹15.3386
15 Nov 2012	₹15.3353
14 Nov 2012	₹15.3320
12 Nov 2012	₹15.3252
11 Nov 2012	₹15.3219

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 - Institutional Plan - Growth Option is a Liquid from Fidelity (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.

Fidelity Cash Fund - Institutional Plan - Growth Option has NAV history starting from 28 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 - Institutional Plan - Growth 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 - Institutional Plan - Growth Option has delivered a absolute return of 9.41% — +10.02 pp ahead of the Liquid category average of -0.61%. The fund ranks #3 of 100 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Fidelity Cash Fund - Institutional Plan - Growth Option has delivered a CAGR of 7.55% — +8.61 pp ahead of the Liquid category average of -1.06%. The fund ranks #14 of 89 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Fidelity Cash Fund - Institutional Plan - Growth Option has delivered a CAGR of 7.31% — +7.23 pp ahead of the Liquid category average of 0.08%. The fund ranks #14 of 76 in its category — the top (Q1) quartile.

₹1 lakh invested in Fidelity Cash Fund - Institutional Plan - Growth Option exactly 5 years ago would be worth approximately ₹142,317 today — a multiplier of 1.42×, based on the 5-year CAGR of 7.31%. The category average over the same window would have grown ₹1 lakh to ₹100,422.

A ₹10,000 monthly SIP in Fidelity Cash Fund - Institutional Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹727,865 today. That's an XIRR (money-weighted annualised return) of 7.64%.

Fidelity Cash Fund - Institutional Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹727,865 — XIRR 7.64%.

On a 5-year basis, Fidelity Cash Fund - Institutional Plan - Growth Option ranks #14 out of 76 funds in the Liquid category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 0.08%; this fund delivered 7.31%.

The worst peak-to-trough decline Fidelity Cash Fund - Institutional Plan - Growth Option has experienced over the last 5-year window is 2.06% — its NAV fell from a high on 28 Aug 2009 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 - Institutional Plan - Growth Option averaged 7.17% (best 7.31%, worst 7.02%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.96 — reasonable risk-adjusted performance.

In calendar year 2011, Fidelity Cash Fund - Institutional Plan - Growth Option returned 8.73% — beating the Liquid category average of -0.45% by 9.18 pp. It ranked #10 of 67 in its category that year.

Fidelity Cash Fund - Institutional Plan - Growth 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 - Institutional Plan - Growth 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: 2.1%. 5-year CAGR: 7.31%.

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