Should I invest in Reliance Dual Advantage Fixed Tenure Fund II - Plan D?

We don't give personal investment advice. Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout 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.

Reliance

Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option

Latest NAV

₹14.3814

As of

4 Aug 2015

737 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	-0.67%	-8.11%	+7.43	680 / 904	Q4
1W	-0.55%	-11.78%	+11.23	429 / 779	Q3
2W	-0.41%	-11.83%	+11.42	413 / 776	Q3
1M	-0.15%	-11.79%	+11.64	394 / 772	Q3
3M	-0.27%	-11.26%	+10.99	407 / 763	Q3
6M	-4.72%	-10.36%	+5.65	463 / 749	Q3
YTD	-0.27%	-10.43%	+10.17	402 / 747	Q3
1Y	+5.70%	-8.21%	+13.91	149 / 728	Q1
2Y	+14.39%	-5.24%	+19.63	9 / 660	Q1
3Y	+11.79%	-3.97%	+15.75	6 / 646	Q1
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+12.51%	-1.10%	+13.62	3 / 904	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
2015 YTD	-0.27%	+2.41%	-2.68	135 / 205
2014	+23.77%	+7.92%	+15.85	8 / 107
2013	+4.28%	+4.19%	+0.09	26 / 50
2012	—	—	—	—

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

+14.70%

26 windows

min 2.4% · max 33.1%

100% positive

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

3-Year rolling

+12.33%

2 windows

min 11.8% · max 12.9%

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

11.12%

3-year · annualised

Sharpe ratio

0.48

vs risk-free 6.5%

Sortino ratio

1.12

Downside-only deviation

Max drawdown

-10.65%

Sep 2013 → Sep 2013

% positive months

52.8%

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 Medium to Long Duration Fund

Scheme	Fund house	NAV	As of
HDFC Charity Fund for Cancer Cure - IDCW Option - 50% IDCW Donation Option	HDFC	₹10.1158	17 Jul 2026
NIPPON INDIA FIXED MATURITY PLAN - XLI - SERIES 8 - IDCW Option	Nippon India	₹17.3494	17 Jul 2026
SBI Magnum Income Fund-Bonus	SBI	₹44.6708	17 Jul 2026
ICICI Prudential Bond Fund - Half Yearly IDCW	ICICI Prudential	₹11.3293	17 Jul 2026
Franklin India Medium to Long Duration Fund - IDCW	Franklin India	₹10.5884	17 Jul 2026
Canara Robeco Income-Growth Plan	Canara Robeco	₹56.9903	17 Jul 2026
UTI Bond Fund-Growth (for rep. After 6 months- No Load)	UTI	₹76.0625	17 Jul 2026
Birla Sun Life Income Plus (Dividend)	Birla Sun Life	₹13.0862	17 Jul 2026
IDFC - SSIF - Investment Plan - Annual Dividend	IDFC	₹11.9547	17 Jul 2026
JM Income Fund-Dividend	JM Financial	₹21.9310	17 Jul 2026

Recent NAVs

Date	NAV
4 Aug 2015	₹14.3814
3 Aug 2015	₹14.4786
31 Jul 2015	₹14.4701
30 Jul 2015	₹14.4673
29 Jul 2015	₹14.4643
28 Jul 2015	₹14.4614
27 Jul 2015	₹14.4584
24 Jul 2015	₹14.4493
23 Jul 2015	₹14.4463
22 Jul 2015	₹14.4433

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 04 Aug 2015, the NAV of Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option is ₹14.3814. It's a Medium to Long Duration Fund from Reliance, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option has NAV history starting from 10 Jul 2012, a track record of about 14 years. 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 Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option is managed by Reliance. It's classified by AMFI under the 'Medium to Long Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option has delivered a absolute return of 5.70% — +13.91 pp ahead of the Medium to Long Duration Fund category average of -8.21%. The fund ranks #149 of 728 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option has delivered a CAGR of 11.79% — +15.75 pp ahead of the Medium to Long Duration Fund category average of -3.97%. The fund ranks #6 of 646 in its category — the top (Q1) quartile.

Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout 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 Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option exactly 3 years ago would be worth approximately ₹139,689 today — a multiplier of 1.40×, based on the 3-year CAGR of 11.79%. The category average over the same window would have grown ₹1 lakh to ₹88,568.

A ₹10,000 monthly SIP in Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option over the last 3 years — total invested ₹360,000 — would be worth ₹422,729 today. That's an XIRR (money-weighted annualised return) of 10.71%.

Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹422,729 — XIRR 10.71%.

On a 3-year basis, Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option ranks #6 out of 646 funds in the Medium to Long Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -3.97%; this fund delivered 11.79%.

The worst peak-to-trough decline Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option has experienced over the last 3-year window is 10.65% — its NAV fell from a high on 19 Sep 2013 to a low on 30 Sep 2013. 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 Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option averaged 12.33% (best 12.87%, worst 11.79%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.48 — weak risk-adjusted performance.

In calendar year 2014, Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout Option returned 23.77% — beating the Medium to Long Duration Fund category average of 7.92% by 15.85 pp. It ranked #8 of 107 in its category that year.

Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout 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. Reliance Dual Advantage Fixed Tenure Fund II - Plan D - Dividend Payout 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.