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

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

Reliance

Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option

Latest NAV

₹13.1367

As of

3 Aug 2016

738 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%	-3.05%	+3.07	104 / 796	Q1
1W	+0.13%	-3.63%	+3.75	107 / 666	Q1
2W	+0.25%	-3.63%	+3.88	135 / 651	Q1
1M	+0.47%	-3.45%	+3.92	242 / 645	Q2
3M	+6.52%	-2.59%	+9.10	2 / 637	Q1
6M	+10.34%	-1.24%	+11.58	6 / 623	Q1
YTD	+3.37%	-1.35%	+4.72	161 / 618	Q2
1Y	-2.97%	+1.96%	-4.92	562 / 590	Q4
2Y	+2.19%	+2.60%	-0.41	527 / 556	Q4
3Y	+8.39%	+2.95%	+5.45	116 / 551	Q1
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+9.26%	+4.26%	+5.01	24 / 796	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
2016 YTD	+3.37%	+7.49%	-4.13	185 / 202
2015	-5.12%	+6.75%	-11.87	182 / 185
2014	+23.79%	+12.50%	+11.29	6 / 82
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

+7.14%

26 windows

min -14.9% · max 30.3%

58% positive

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

3-Year rolling

+8.86%

2 windows

min 8.4% · max 9.3%

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

10.78%

3-year · annualised

Sharpe ratio

0.20

vs risk-free 6.5%

Sortino ratio

0.35

Downside-only deviation

Max drawdown

-20.11%

Mar 2015 → Feb 2016

% 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 Medium to Long Duration Fund

Scheme	Fund house	NAV	As of
HDFC FMP 1269D March 2023 - Growth Option	HDFC	₹12.4260	3 Jun 2026
Nippon India Fixed Maturity Plan XLI - Series 8 - Growth Option	Nippon India	₹17.0046	3 Jun 2026
ICICI Prudential Fixed Maturity Plan - Series 85 - 10 Years Plan I - Cumulative Option	ICICI Prudential	₹17.4336	3 Jun 2026
Franklin India Medium to Long Duration Fund - Growth	Franklin India	₹10.9122	3 Jun 2026

Recent NAVs

Date	NAV
3 Aug 2016	₹13.1367
2 Aug 2016	₹13.1345
1 Aug 2016	₹13.1323
29 Jul 2016	₹13.1251
28 Jul 2016	₹13.1226
27 Jul 2016	₹13.1200
26 Jul 2016	₹13.1177
25 Jul 2016	₹13.1155
22 Jul 2016	₹13.1086
21 Jul 2016	₹13.1064

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 03 Aug 2016, the NAV of Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option is ₹13.1367. It's a Medium to Long Duration Fund from Reliance, run as a Unknown plan Growth option. NAVs update once per business day from the AMFI feed.

Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option has NAV history starting from 08 Jul 2013, a track record of about 12 years 10 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 D - 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 D - Growth Option has delivered a absolute return of -2.97% — -4.92 pp behind the Medium to Long Duration Fund category average of 1.96%. The fund ranks #562 of 590 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option has delivered a CAGR of 8.39% — +5.45 pp ahead of the Medium to Long Duration Fund category average of 2.95%. The fund ranks #116 of 551 in its category — the top (Q1) quartile.

Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth 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 III - Plan D - Growth Option exactly 3 years ago would be worth approximately ₹127,349 today — a multiplier of 1.27×, based on the 3-year CAGR of 8.39%. The category average over the same window would have grown ₹1 lakh to ₹109,098.

A ₹10,000 monthly SIP in Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option over the last 3 years — total invested ₹360,000 — would be worth ₹384,996 today. That's an XIRR (money-weighted annualised return) of 4.40%.

Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹384,996 — XIRR 4.40%.

On a 3-year basis, Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option ranks #116 out of 551 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 2.95%; this fund delivered 8.39%.

The worst peak-to-trough decline Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option has experienced over the last 3-year window is 20.11% — 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 3-year rolling windows, Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option averaged 8.86% (best 9.33%, worst 8.39%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.20 — weak risk-adjusted performance.

In calendar year 2015, Reliance Dual Advantage Fixed Tenure Fund III - Plan D - Growth Option returned -5.12% — lagging the Medium to Long Duration Fund category average of 6.75% by 11.87 pp. It ranked #182 of 185 in its category that year.

Reliance Dual Advantage Fixed Tenure Fund III - Plan D - 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 D - 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.

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