Should I invest in Fidelity Flexi Gilt Fund?

We don't give personal investment advice. Fidelity Flexi Gilt Fund - 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.

Fidelity

Fidelity Flexi Gilt Fund - 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	-0.14%	+0.01%	-0.15	61 / 67	Q4
1W	-0.13%	-10.06%	+9.93	56 / 69	Q4
2W	-0.01%	-9.67%	+9.66	43 / 73	Q3
1M	-0.07%	-9.89%	+9.82	40 / 72	Q3
3M	+1.82%	-12.90%	+14.72	7 / 76	Q1
6M	+3.97%	-12.24%	+16.21	10 / 76	Q1
YTD	+6.28%	-12.22%	+18.50	7 / 75	Q1
1Y	+9.97%	-10.28%	+20.25	5 / 75	Q1
2Y	+5.79%	-12.45%	+18.24	26 / 71	Q2
3Y	+4.04%	-16.88%	+20.92	25 / 70	Q2
4Y	+4.33%	-23.11%	+27.44	25 / 65	Q2
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+6.55%	-18.29%	+24.84	20 / 85	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	+6.28%	+5.57%	+0.71	28 / 55
2011	+3.57%	+2.07%	+1.51	31 / 59
2010	+2.15%	+0.75%	+1.41	37 / 68
2009	-8.10%	-6.22%	-1.88	32 / 65
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

+3.85%

41 windows

min -2.7% · max 15.0%

93% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+3.37%

16 windows

min -0.1% · max 6.7%

94% positive

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

5-Year rolling

—

Insufficient history

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

2.99%

3-year · annualised

Sharpe ratio

-0.83

vs risk-free 6.5%

Sortino ratio

-1.90

Downside-only deviation

Max drawdown

-2.95%

Sep 2011 → Nov 2011

% positive months

66.7%

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	₹13.1674
21 Nov 2012	₹13.1861
20 Nov 2012	₹13.1887
19 Nov 2012	₹13.1925
16 Nov 2012	₹13.1865
15 Nov 2012	₹13.1850
12 Nov 2012	₹13.1615
9 Nov 2012	₹13.1527
8 Nov 2012	₹13.1684
7 Nov 2012	₹13.1638

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 Flexi Gilt Fund - Growth Option is a Gilt from Fidelity (Unknown 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 Flexi Gilt Fund - Growth Option has NAV history starting from 08 Aug 2008, a track record of about 17 years 10 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 Flexi Gilt Fund - Growth Option is managed by Fidelity. It's classified by AMFI under the 'Gilt' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Fidelity Flexi Gilt Fund - Growth Option has delivered a absolute return of 9.97% — +20.25 pp ahead of the Gilt category average of -10.28%. The fund ranks #5 of 75 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Fidelity Flexi Gilt Fund - Growth Option has delivered a CAGR of 4.04% — +20.92 pp ahead of the Gilt category average of -16.88%. The fund ranks #25 of 70 in its category — the second (Q2) quartile.

Fidelity Flexi Gilt Fund - Growth Option doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Fidelity Flexi Gilt Fund - Growth Option exactly 3 years ago would be worth approximately ₹112,632 today — a multiplier of 1.13×, based on the 3-year CAGR of 4.04%. The category average over the same window would have grown ₹1 lakh to ₹57,435.

A ₹10,000 monthly SIP in Fidelity Flexi Gilt Fund - Growth Option over the last 3 years — total invested ₹360,000 — would be worth ₹391,843 today. That's an XIRR (money-weighted annualised return) of 5.56%.

Fidelity Flexi Gilt Fund - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹391,843 — XIRR 5.56%.

On a 3-year basis, Fidelity Flexi Gilt Fund - Growth Option ranks #25 out of 70 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 -16.88%; this fund delivered 4.04%.

The worst peak-to-trough decline Fidelity Flexi Gilt Fund - Growth Option has experienced over the last 3-year window is 2.95% — its NAV fell from a high on 26 Sep 2011 to a low on 14 Nov 2011. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Fidelity Flexi Gilt Fund - Growth Option averaged 3.37% (best 6.73%, worst -0.07%). 94% of rolling windows ended positive. The 3-year Sharpe ratio is -0.83 — negative risk-adjusted performance.

In calendar year 2011, Fidelity Flexi Gilt Fund - Growth Option returned 3.57% — beating the Gilt category average of 2.07% by 1.51 pp. It ranked #31 of 59 in its category that year.

Fidelity Flexi Gilt Fund - 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 Flexi Gilt Fund - 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.

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