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 - 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. Worst 5-year drawdown: 18.3%. 5-year CAGR: 6.62%.

Reliance

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

Latest NAV

₹16.7537

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	+0.01%	-2.27%	+2.28	294 / 1079	Q2
1W	-0.19%	-2.66%	+2.48	883 / 945	Q4
2W	-0.94%	-2.62%	+1.68	872 / 930	Q4
1M	-1.24%	-2.43%	+1.19	868 / 924	Q4
3M	-0.13%	-1.42%	+1.30	846 / 916	Q4
6M	+3.46%	-0.05%	+3.51	227 / 876	Q2
YTD	+2.91%	-0.27%	+3.18	255 / 880	Q2
1Y	+5.28%	+3.14%	+2.13	530 / 835	Q3
2Y	+5.62%	+4.08%	+1.54	683 / 807	Q4
3Y	+7.45%	+4.43%	+3.02	492 / 800	Q3
4Y	+5.25%	+7.85%	-2.60	151 / 164	Q4
5Y	+6.62%	+7.36%	-0.74	36 / 77	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+8.28%	+5.01%	+3.27	365 / 1079	Q2

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	+2.91%	+7.15%	-4.24	413 / 524
2018	+4.81%	+5.66%	-0.85	183 / 269
2017	+12.07%	+6.29%	+5.78	24 / 279
2016	+7.07%	+8.41%	-1.33	195 / 241
2015	-3.59%	+7.38%	-10.96	174 / 184
2014	+24.56%	+12.06%	+12.50	7 / 76
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

+8.94%

63 windows

min -16.1% · max 32.5%

84% positive

3-Year rolling

+7.32%

39 windows

min 3.3% · max 10.5%

100% positive

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

5-Year rolling

+8.37%

15 windows

min 6.4% · max 10.7%

100% 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

3.21%

3-year · annualised

Sharpe ratio

0.24

vs risk-free 6.5%

Sortino ratio

0.56

Downside-only deviation

Max drawdown

-2.82%

Aug 2018 → Oct 2018

% 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 FMP 1269D March 2023 - Growth Option - Direct Plan	HDFC	₹12.5263	3 Jun 2026
Nippon India Fixed Maturity Plan - XLIII - Series 1- Direct Plan - Growth Option	Nippon India	₹13.3582	3 Jun 2026
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Direct Plan - Growth	SBI	₹17.3852	3 Jun 2026
ICICI Prudential Bond Fund - Direct Plan - Growth	ICICI Prudential	₹43.7788	3 Jun 2026
BANDHAN Fixed Term Plan Series 179 DIRECT PLAN-GROWTH (3652 days)	Bandhan	₹17.7320	3 Jun 2026
Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 days) - Direct Plan - Growth Option	Aditya Birla Sun Life	₹13.5023	3 Jun 2026
Franklin India Medium to Long Duration Fund - Direct Growth	Franklin India	₹11.0072	3 Jun 2026
Kotak Bond Fund - Growth - Direct	Kotak	₹88.1692	3 Jun 2026
DSP FMP Series - 264 - 60M - 17D - Direct - Growth	DSP	₹13.2410	3 Jun 2026
HSBC Medium to Long Duration Fund - Direct Growth	HSBC	₹47.7483	3 Jun 2026

Recent NAVs

Date	NAV
30 Jul 2019	₹16.7537
29 Jul 2019	₹16.7514
26 Jul 2019	₹16.7463
25 Jul 2019	₹16.7445
24 Jul 2019	₹16.7450
23 Jul 2019	₹16.7851
22 Jul 2019	₹16.7997
19 Jul 2019	₹16.7975
18 Jul 2019	₹16.8607
17 Jul 2019	₹16.9200

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 - Growth Option is ₹16.7537. It's a Medium to Long Duration Fund from Reliance, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - Growth 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 - Growth 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 - Growth Option has delivered a absolute return of 5.28% — +2.13 pp ahead of the Medium to Long Duration Fund category average of 3.14%. The fund ranks #530 of 835 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - Growth Option has delivered a CAGR of 7.45% — +3.02 pp ahead of the Medium to Long Duration Fund category average of 4.43%. The fund ranks #492 of 800 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - Growth Option has delivered a CAGR of 6.62% — -0.74 pp behind the Medium to Long Duration Fund category average of 7.36%. The fund ranks #36 of 77 in its category — the second (Q2) quartile.

₹1 lakh invested in Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - Growth Option exactly 5 years ago would be worth approximately ₹137,786 today — a multiplier of 1.38×, based on the 5-year CAGR of 6.62%. The category average over the same window would have grown ₹1 lakh to ₹142,653.

A ₹10,000 monthly SIP in Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹703,567 today. That's an XIRR (money-weighted annualised return) of 6.30%.

Reliance Dual Advantage Fixed Tenure Fund III -Plan C- 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 ₹703,567 — XIRR 6.30%.

On a 5-year basis, Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - Growth Option ranks #36 out of 77 funds in the Medium to Long Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 7.36%; this fund delivered 6.62%.

The worst peak-to-trough decline Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - Growth Option has experienced over the last 5-year window is 18.28% — its NAV fell from a high on 03 Mar 2015 to a low on 25 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 5-year rolling windows, Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - Growth Option averaged 8.37% (best 10.66%, worst 6.42%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.08 — negative risk-adjusted performance.

In calendar year 2018, Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - Growth Option returned 4.81% — lagging the Medium to Long Duration Fund category average of 5.66% by 0.85 pp. It ranked #183 of 269 in its category that year.

Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - 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. Reliance Dual Advantage Fixed Tenure Fund III -Plan C- Direct Plan - 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. Worst 5-year drawdown: 18.3%. 5-year CAGR: 6.62%.

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