Should I invest in Reliance Dual Advantage Fixed Tenure Fund IV - Plan A?

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

Reliance

Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Dividend Option

Latest NAV

₹13.3200

As of

10 Aug 2016

721 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	-0.73%	-8.11%	+7.37	682 / 904	Q4
1W	-0.64%	-11.78%	+11.15	431 / 779	Q3
2W	-0.52%	-11.83%	+11.31	424 / 776	Q3
1M	-0.33%	-11.79%	+11.45	398 / 772	Q3
3M	+4.12%	-11.26%	+15.37	7 / 763	Q1
6M	+11.22%	-10.36%	+21.58	2 / 749	Q1
YTD	+2.62%	-10.43%	+13.05	116 / 747	Q1
1Y	-2.98%	-8.21%	+5.24	429 / 728	Q3
2Y	+2.26%	-5.24%	+7.50	295 / 660	Q2
3Y	+8.40%	-3.97%	+12.37	36 / 646	Q1
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+9.96%	-1.10%	+11.07	15 / 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
2016 YTD	+2.62%	+3.44%	-0.82	145 / 223
2015	-4.92%	+2.41%	-7.33	170 / 205
2014	+23.68%	+7.92%	+15.76	10 / 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

+6.69%

25 windows

min -17.6% · max 32.9%

60% positive

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

3-Year rolling

+8.40%

1 window

min 8.4% · max 8.4%

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

12.06%

3-year · annualised

Sharpe ratio

0.20

vs risk-free 6.5%

Sortino ratio

0.36

Downside-only deviation

Max drawdown

-19.81%

Mar 2015 → Feb 2016

% positive months

55.6%

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
10 Aug 2016	₹13.3200
9 Aug 2016	₹13.4186
8 Aug 2016	₹13.4172
5 Aug 2016	₹13.4100
4 Aug 2016	₹13.4075
3 Aug 2016	₹13.4052
2 Aug 2016	₹13.4038
1 Aug 2016	₹13.4014
29 Jul 2016	₹13.3942
28 Jul 2016	₹13.3919

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 10 Aug 2016, the NAV of Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Dividend Option is ₹13.3200. 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 IV - Plan A - Dividend Option has NAV history starting from 07 Aug 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 IV - Plan A - 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 IV - Plan A - Dividend Option has delivered a absolute return of -2.98% — +5.24 pp ahead of the Medium to Long Duration Fund category average of -8.21%. The fund ranks #429 of 728 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Dividend Option has delivered a CAGR of 8.40% — +12.37 pp ahead of the Medium to Long Duration Fund category average of -3.97%. The fund ranks #36 of 646 in its category — the top (Q1) quartile.

Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Dividend 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 IV - Plan A - Dividend Option exactly 3 years ago would be worth approximately ₹127,375 today — a multiplier of 1.27×, based on the 3-year CAGR of 8.40%. 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 IV - Plan A - Dividend Option over the last 3 years — total invested ₹360,000 — would be worth ₹382,914 today. That's an XIRR (money-weighted annualised return) of 4.04%.

Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Dividend Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹382,914 — XIRR 4.04%.

On a 3-year basis, Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Dividend Option ranks #36 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 8.40%.

The worst peak-to-trough decline Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Dividend Option has experienced over the last 3-year window is 19.81% — 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 IV - Plan A - Dividend Option averaged 8.40% (best 8.40%, worst 8.40%). 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 IV - Plan A - Dividend Option returned -4.92% — lagging the Medium to Long Duration Fund category average of 2.41% by 7.33 pp. It ranked #170 of 205 in its category that year.

Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - 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 IV - Plan A - 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.

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