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 - 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: 37.1%. 5-year CAGR: -3.62%.

Reliance

Reliance Dual Advantage Fixed Tenure Fund III - Plan C - 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	-36.13%	-8.11%	-28.03	858 / 904	Q4
1W	-36.27%	-11.78%	-24.48	733 / 779	Q4
2W	-36.75%	-11.83%	-24.92	730 / 776	Q4
1M	-36.94%	-11.79%	-25.15	726 / 772	Q4
3M	-36.23%	-11.26%	-24.97	717 / 763	Q4
6M	-34.06%	-10.36%	-23.70	703 / 749	Q4
YTD	-34.46%	-10.43%	-24.03	701 / 747	Q4
1Y	-33.25%	-8.21%	-25.04	682 / 728	Q4
2Y	-16.31%	-5.24%	-11.07	614 / 660	Q4
3Y	-8.33%	-3.97%	-4.36	600 / 646	Q4
4Y	-6.99%	+3.38%	-10.38	135 / 136	Q4
5Y	-3.62%	+3.48%	-7.10	90 / 92	Q4
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-0.45%	-1.10%	+0.65	849 / 904	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	-34.46%	+4.28%	-38.74	449 / 449
2018	+3.82%	+0.48%	+3.34	99 / 205
2017	+10.84%	+1.61%	+9.23	12 / 223
2016	+5.11%	+3.44%	+1.68	125 / 223
2015	-4.57%	+2.41%	-6.98	168 / 205
2014	+23.33%	+7.92%	+15.41	12 / 107
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

+7.08%

63 windows

min -33.3% · max 31.2%

83% positive

3-Year rolling

+5.58%

39 windows

min -8.3% · max 9.1%

97% positive

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

5-Year rolling

+6.51%

15 windows

min -3.6% · max 9.4%

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

21.57%

3-year · annualised

Sharpe ratio

-0.56

vs risk-free 6.5%

Sortino ratio

-0.57

Downside-only deviation

Max drawdown

-37.09%

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 - 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
30 Jul 2019	₹10.0000
29 Jul 2019	₹15.6577
26 Jul 2019	₹15.6535
25 Jul 2019	₹15.6521
24 Jul 2019	₹15.6526
23 Jul 2019	₹15.6900
22 Jul 2019	₹15.7037
19 Jul 2019	₹15.7017
18 Jul 2019	₹15.7608
17 Jul 2019	₹15.8162

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 - Dividend Option is ₹10.0000. 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 III - Plan C - Dividend Option has NAV history starting from 11 Jun 2013, a track record of about 13 years 1 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 - 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 - Dividend Option has delivered a absolute return of -33.25% — -25.04 pp behind the Medium to Long Duration Fund category average of -8.21%. The fund ranks #682 of 728 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Dividend Option has delivered a CAGR of -8.33% — -4.36 pp behind the Medium to Long Duration Fund category average of -3.97%. The fund ranks #600 of 646 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Dividend Option has delivered a CAGR of -3.62% — -7.1 pp behind the Medium to Long Duration Fund category average of 3.48%. The fund ranks #90 of 92 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Dividend Option exactly 5 years ago would be worth approximately ₹83,182 today — a multiplier of 0.83×, based on the 5-year CAGR of -3.62%. The category average over the same window would have grown ₹1 lakh to ₹118,665.

A ₹10,000 monthly SIP in Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹437,068 today. That's an XIRR (money-weighted annualised return) of -12.35%.

Reliance Dual Advantage Fixed Tenure Fund III - Plan C - 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 ₹437,068 — XIRR -12.35%.

On a 5-year basis, Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Dividend Option ranks #90 out of 92 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 3.48%; this fund delivered -3.62%.

The worst peak-to-trough decline Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Dividend Option has experienced over the last 5-year window is 37.09% — 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 - Dividend Option averaged 6.51% (best 9.36%, worst -3.62%). 93% of rolling windows ended positive. The 5-year Sharpe ratio is -0.49 — negative risk-adjusted performance.

In calendar year 2018, Reliance Dual Advantage Fixed Tenure Fund III - Plan C - Dividend Option returned 3.82% — beating the Medium to Long Duration Fund category average of 0.48% by 3.34 pp. It ranked #99 of 205 in its category that year.

Reliance Dual Advantage Fixed Tenure Fund III - Plan C - 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 - 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: 37.1%. 5-year CAGR: -3.62%.

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