Should I invest in Fidelity Flexi Gilt Fund?

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

Fidelity

Fidelity Flexi Gilt Fund - 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	-0.14%	+0.01%	-0.15	60 / 67	Q4
1W	-0.13%	-10.06%	+9.93	55 / 69	Q4
2W	-0.01%	-9.67%	+9.67	42 / 73	Q3
1M	-0.07%	-9.89%	+9.82	39 / 72	Q3
3M	-0.12%	-12.90%	+12.78	45 / 76	Q3
6M	+1.00%	-12.24%	+13.24	39 / 76	Q3
YTD	+1.27%	-12.22%	+13.49	31 / 75	Q2
1Y	+3.76%	-10.28%	+14.04	35 / 75	Q2
2Y	+1.01%	-12.45%	+13.46	42 / 71	Q3
3Y	+0.56%	-16.88%	+17.43	44 / 70	Q3
4Y	-1.74%	-23.11%	+21.37	47 / 65	Q3
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.77%	-18.29%	+19.06	53 / 85	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
2012 YTD	+1.27%	+5.57%	-4.31	45 / 55
2011	-0.89%	+2.07%	-2.96	58 / 59
2010	+1.15%	+0.75%	+0.41	48 / 68
2009	-15.10%	-6.22%	-8.88	61 / 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

-0.84%

41 windows

min -11.6% · max 3.8%

54% positive

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

3-Year rolling

-0.71%

16 windows

min -4.4% · max 1.0%

56% 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

3.67%

3-year · annualised

Sharpe ratio

-1.60

vs risk-free 6.5%

Sortino ratio

-2.40

Downside-only deviation

Max drawdown

-4.11%

Mar 2011 → Nov 2011

% positive months

58.3%

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
22 Nov 2012	₹10.3611
21 Nov 2012	₹10.3757
20 Nov 2012	₹10.3777
19 Nov 2012	₹10.3808
16 Nov 2012	₹10.3761
15 Nov 2012	₹10.3749
12 Nov 2012	₹10.3564
9 Nov 2012	₹10.3494
8 Nov 2012	₹10.3618
7 Nov 2012	₹10.3582

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 - Dividend 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 - Dividend 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 - Dividend 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 - Dividend Option has delivered a absolute return of 3.76% — +14.04 pp ahead of the Gilt category average of -10.28%. The fund ranks #35 of 75 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Fidelity Flexi Gilt Fund - Dividend Option has delivered a CAGR of 0.56% — +17.43 pp ahead of the Gilt category average of -16.88%. The fund ranks #44 of 70 in its category — the third (Q3) quartile.

Fidelity Flexi Gilt Fund - Dividend 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 - Dividend Option exactly 3 years ago would be worth approximately ₹101,683 today — a multiplier of 1.02×, based on the 3-year CAGR of 0.56%. 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 - Dividend Option over the last 3 years — total invested ₹360,000 — would be worth ₹364,803 today. That's an XIRR (money-weighted annualised return) of 0.86%.

Fidelity Flexi Gilt Fund - Dividend Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹364,803 — XIRR 0.86%.

On a 3-year basis, Fidelity Flexi Gilt Fund - Dividend Option ranks #44 out of 70 funds in the Gilt category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -16.88%; this fund delivered 0.56%.

The worst peak-to-trough decline Fidelity Flexi Gilt Fund - Dividend Option has experienced over the last 3-year window is 4.11% — its NAV fell from a high on 23 Mar 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 - Dividend Option averaged -0.71% (best 1.03%, worst -4.41%). 56% of rolling windows ended positive. The 3-year Sharpe ratio is -1.60 — negative risk-adjusted performance.

In calendar year 2011, Fidelity Flexi Gilt Fund - Dividend Option returned -0.89% — lagging the Gilt category average of 2.07% by 2.96 pp. It ranked #58 of 59 in its category that year.

Fidelity Flexi Gilt Fund - 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 Flexi Gilt Fund - 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.

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