Should I invest in Reliance Dual Advantage Fixed Tenure Fund III - Plan C?

We don't give personal investment advice. Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - 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. Worst 5-year drawdown: 40.7%. 5-year CAGR: -3.83%.

Reliance

Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option

Latest NAV

₹10.0000

As of

30 Jul 2019

1,478 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	-39.85%	-6.79%	-33.06	1059 / 1087	Q4
1W	-39.97%	-9.68%	-30.30	970 / 998	Q4
2W	-40.43%	-9.65%	-30.78	970 / 997	Q4
1M	-40.61%	-9.71%	-30.90	964 / 991	Q4
3M	-39.94%	-9.39%	-30.55	957 / 984	Q4
6M	-37.78%	-8.74%	-29.04	922 / 949	Q4
YTD	-38.11%	-8.86%	-29.25	922 / 949	Q4
1Y	-36.69%	-6.69%	-30.00	889 / 916	Q4
2Y	-18.09%	-2.42%	-15.67	840 / 867	Q4
3Y	-9.30%	-1.12%	-8.18	806 / 833	Q4
4Y	-7.49%	+2.93%	-10.41	139 / 140	Q4
5Y	-3.83%	+2.47%	-6.31	85 / 87	Q4
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-0.45%	+0.48%	-0.94	1033 / 1085	Q4

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	-38.11%	+3.58%	-41.69	607 / 607
2018	+4.80%	+1.75%	+3.05	138 / 314
2017	+12.07%	+2.07%	+10.00	20 / 207
2016	+6.27%	+3.56%	+2.72	87 / 167
2015	-3.59%	+2.26%	-5.84	107 / 131
2014	+24.56%	+7.09%	+17.46	5 / 58
2013	—	—	—	—

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

+8.11%

63 windows

min -36.7% · max 32.5%

83% positive

3-Year rolling

+6.64%

39 windows

min -9.3% · max 10.2%

97% positive

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

5-Year rolling

+7.52%

15 windows

min -3.8% · max 10.5%

93% 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

23.68%

3-year · annualised

Sharpe ratio

-0.52

vs risk-free 6.5%

Sortino ratio

-0.53

Downside-only deviation

Max drawdown

-40.74%

May 2019 → Jul 2019

% positive months

75.0%

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.

Peers in Medium to Long Duration Fund

Scheme	Fund house	NAV	As of
HDFC Charity Fund for Cancer Cure - IDCW Option - Direct Plan - 50% IDCW Donation Option	HDFC	₹10.0419	3 Jun 2026
NIPPON INDIA FIXED MATURITY PLAN - XLI - SERIES 8 - DIRECT Plan - IDCW Option	Nippon India	₹17.3687	3 Jun 2026
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹17.4021	3 Jun 2026
ICICI Prudential Bond Fund - Direct Plan - Half Yearly IDCW	ICICI Prudential	₹10.7370	3 Jun 2026
BANDHAN Fixed Term Plan Series 179 DIRECT PLAN HALF YEARLY-IDCW (3652 days)	Bandhan	₹11.3171	3 Jun 2026
Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 days) - Direct Plan - Payout of IDCW option	Aditya Birla Sun Life	₹13.5041	3 Jun 2026
Franklin India Medium to Long Duration Fund - Direct - IDCW	Franklin India	₹10.4993	3 Jun 2026
Kotak Bond Fund - Direct Plan - Standard IDCW option	Kotak	₹29.3456	3 Jun 2026
DSP FMP Series - 264 - 60M - 17D - Direct - IDCW	DSP	₹13.2410	3 Jun 2026
HSBC Medium to Long Duration Fund - Direct Quarterly IDCW	HSBC	₹10.3575	3 Jun 2026

Recent NAVs

Date	NAV
30 Jul 2019	₹10.0000
29 Jul 2019	₹16.6259
26 Jul 2019	₹16.6208
25 Jul 2019	₹16.6191
24 Jul 2019	₹16.6195
23 Jul 2019	₹16.6593
22 Jul 2019	₹16.6738
19 Jul 2019	₹16.6716
18 Jul 2019	₹16.7344
17 Jul 2019	₹16.7932

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 30 Jul 2019, the NAV of Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option is ₹10.0000. It's a Medium to Long Duration Fund from Reliance, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option has NAV history starting from 11 Jun 2013, a track record of about 12 years 11 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 Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend 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 III - Plan C - Direct Plan - Dividend Option has delivered a absolute return of -36.69% — -30 pp behind the Medium to Long Duration Fund category average of -6.69%. The fund ranks #889 of 916 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option has delivered a CAGR of -9.30% — -8.18 pp behind the Medium to Long Duration Fund category average of -1.12%. The fund ranks #806 of 833 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option has delivered a CAGR of -3.83% — -6.31 pp behind the Medium to Long Duration Fund category average of 2.47%. The fund ranks #85 of 87 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option exactly 5 years ago would be worth approximately ₹82,242 today — a multiplier of 0.82×, based on the 5-year CAGR of -3.83%. The category average over the same window would have grown ₹1 lakh to ₹112,999.

A ₹10,000 monthly SIP in Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹421,734 today. That's an XIRR (money-weighted annualised return) of -13.73%.

Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹421,734 — XIRR -13.73%.

On a 5-year basis, Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option ranks #85 out of 87 funds in the Medium to Long Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 2.47%; this fund delivered -3.83%.

The worst peak-to-trough decline Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option has experienced over the last 5-year window is 40.74% — its NAV fell from a high on 27 May 2019 to a low on 30 Jul 2019. 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, Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option averaged 7.52% (best 10.49%, worst -3.83%). 93% of rolling windows ended positive. The 5-year Sharpe ratio is -0.44 — negative risk-adjusted performance.

In calendar year 2018, Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - Dividend Option returned 4.80% — beating the Medium to Long Duration Fund category average of 1.75% by 3.05 pp. It ranked #138 of 314 in its category that year.

Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - 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. Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Direct Plan - 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. Worst 5-year drawdown: 40.7%. 5-year CAGR: -3.83%.

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