Should I invest in Reliance Close Ended Equity Fund - Series B?

We don't give personal investment advice. Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.6%. 5-year CAGR: 19.00%.

Reliance

Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option

Latest NAV

₹23.8837

As of

1 Jan 2019

1,222 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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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%	+0.11%	-0.09	49 / 104	Q2
1W	+0.11%	-0.67%	+0.78	29 / 103	Q2
2W	+0.38%	+0.04%	+0.34	36 / 102	Q2
1M	-0.74%	+0.32%	-1.05	62 / 101	Q3
3M	+2.86%	+3.68%	-0.81	41 / 100	Q2
6M	-2.26%	+6.18%	-8.43	60 / 99	Q3
YTD	+0.00%	+2.47%	-2.47	43 / 99	Q2
1Y	-11.79%	+17.47%	-29.26	89 / 89	Q4
2Y	+11.46%	+10.45%	+1.01	35 / 84	Q2
3Y	+8.31%	+13.44%	-5.14	63 / 74	Q4
4Y	+8.23%	+14.31%	-6.08	32 / 38	Q4
5Y	+19.00%	+14.05%	+4.95	3 / 32	Q1
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+19.06%	+11.11%	+7.95	7 / 104	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
2019 YTD	+0.00%	+7.18%	-7.18	60 / 69
2018	-11.81%	-5.07%	-6.74	32 / 34
2017	+40.83%	+36.55%	+4.29	7 / 31
2016	+2.01%	+3.36%	-1.35	16 / 31
2015	+7.17%	+2.95%	+4.21	3 / 9
2014	+72.52%	+50.25%	+22.27	1 / 3

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

+19.00%

49 windows

min -14.3% · max 84.9%

82% positive

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

3-Year rolling

+16.67%

25 windows

min 8.3% · max 29.2%

100% 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

15.77%

3-year · annualised

Sharpe ratio

0.18

vs risk-free 6.5%

Sortino ratio

0.26

Downside-only deviation

Max drawdown

-20.31%

Jan 2018 → Oct 2018

% 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.

Peers in Flexi Cap Fund

Scheme	Fund house	NAV	As of
HDFC Flexi Cap Fund - Growth Option - Direct Plan	HDFC	₹2,115.5350	3 Jun 2026
Nippon India Flexi Cap Fund - Direct Plan - Growth Plan - Growth Option	Nippon India	₹17.0211	3 Jun 2026
SBI Flexicap Fund - DIRECT PLAN - Growth Option	SBI	₹117.4238	2 Jun 2026
ICICI Prudential Flexicap Fund - Direct Plan - Growth	ICICI Prudential	₹19.8000	3 Jun 2026
Invesco India Flexi Cap Fund - Direct Plan - Growth	Invesco	₹19.0200	3 Jun 2026
BANDHAN Flexi Cap Fund-Direct Plan-Growth	Bandhan	₹222.6510	3 Jun 2026
quant Flexi Cap Fund - Growth Option-Direct Plan	Quant	₹118.9418	3 Jun 2026
Aditya Birla Sun Life Flexi Cap Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹2,064.0200	3 Jun 2026
Motilal Oswal Flexi cap Fund Direct Plan-Growth Option	Motilal Oswal	₹63.2311	3 Jun 2026
Franklin India Flexi Cap Fund - Direct - Growth	Franklin India	₹1,722.7007	3 Jun 2026

Recent NAVs

Date	NAV
1 Jan 2019	₹23.8837
31 Dec 2018	₹23.8798
28 Dec 2018	₹23.8689
27 Dec 2018	₹23.8664
26 Dec 2018	₹23.8638
24 Dec 2018	₹23.8585
21 Dec 2018	₹23.8510
20 Dec 2018	₹23.8485
19 Dec 2018	₹23.8476
18 Dec 2018	₹23.7938

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.

As of 01 Jan 2019, the NAV of Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option is ₹23.8837. It's a Flexi Cap Fund from Reliance, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option has NAV history starting from 08 Jan 2014, a track record of about 12 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option is managed by Reliance. It's classified by AMFI under the 'Flexi Cap Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option has delivered a absolute return of -11.79% — -29.26 pp behind the Flexi Cap Fund category average of 17.47%. The fund ranks #89 of 89 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option has delivered a CAGR of 8.31% — -5.14 pp behind the Flexi Cap Fund category average of 13.44%. The fund ranks #63 of 74 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option has delivered a CAGR of 19.00% — +4.95 pp ahead of the Flexi Cap Fund category average of 14.05%. The fund ranks #3 of 32 in its category — the top (Q1) quartile.

₹1 lakh invested in Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option exactly 5 years ago would be worth approximately ₹238,598 today — a multiplier of 2.39×, based on the 5-year CAGR of 19.00%. The category average over the same window would have grown ₹1 lakh to ₹192,952.

A ₹10,000 monthly SIP in Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹785,805 today. That's an XIRR (money-weighted annualised return) of 10.71%.

Reliance Close Ended Equity Fund - Series B - Direct 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 ₹785,805 — XIRR 10.71%.

On a 5-year basis, Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option ranks #3 out of 32 funds in the Flexi Cap Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 14.05%; this fund delivered 19.00%.

The worst peak-to-trough decline Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option has experienced over the last 5-year window is 20.64% — its NAV fell from a high on 10 Apr 2015 to a low on 29 Feb 2016. 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, Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option averaged 16.67% (best 29.19%, worst 8.31%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.75 — reasonable risk-adjusted performance.

In calendar year 2018, Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option returned -11.81% — lagging the Flexi Cap Fund category average of -5.07% by 6.74 pp. It ranked #32 of 34 in its category that year.

Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Reliance Close Ended Equity Fund - Series B - Direct Plan - Growth Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.6%. 5-year CAGR: 19.00%.

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