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 - 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: 19.8%. 5-year CAGR: 4.57%.

Reliance

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

Latest NAV

₹15.9063

As of

31 Jul 2019

1,439 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%	-3.05%	+3.07	208 / 796	Q2
1W	+0.07%	-3.63%	+3.69	423 / 666	Q3
2W	-0.93%	-3.63%	+2.70	604 / 651	Q4
1M	-1.17%	-3.45%	+2.27	598 / 645	Q4
3M	-0.18%	-2.57%	+2.40	582 / 637	Q4
6M	+2.85%	-1.23%	+4.08	304 / 623	Q2
YTD	+2.46%	-1.33%	+3.79	266 / 618	Q2
1Y	+4.28%	+1.97%	+2.30	435 / 590	Q3
2Y	+4.53%	+2.60%	+1.94	497 / 556	Q4
3Y	+5.88%	+2.95%	+2.93	481 / 551	Q4
4Y	+3.55%	+7.91%	-4.35	95 / 96	Q4
5Y	+4.57%	+7.62%	-3.04	29 / 30	Q4
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+8.05%	+4.26%	+3.79	336 / 796	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	+2.46%	+6.89%	-4.44	281 / 351
2018	+3.73%	+5.25%	-1.52	106 / 156
2017	+10.26%	+5.65%	+4.60	19 / 217
2016	+4.23%	+7.49%	-3.26	178 / 202
2015	-4.92%	+6.75%	-11.67	177 / 185
2014	+23.68%	+12.50%	+11.18	9 / 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

+6.88%

61 windows

min -17.2% · max 30.8%

82% positive

3-Year rolling

+5.42%

37 windows

min 1.5% · max 8.7%

100% positive

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

5-Year rolling

+6.59%

13 windows

min 4.6% · max 8.9%

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

2.94%

3-year · annualised

Sharpe ratio

-0.25

vs risk-free 6.5%

Sortino ratio

-0.55

Downside-only deviation

Max drawdown

-2.79%

Aug 2018 → Oct 2018

% positive months

69.4%

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	₹12.5020	17 Jul 2026
Nippon India Fixed Maturity Plan XLI - Series 8 - Growth Option	Nippon India	₹17.3494	17 Jul 2026
ICICI Prudential Fixed Maturity Plan - Series 85 - 10 Years Plan I - Cumulative Option	ICICI Prudential	₹17.7722	17 Jul 2026
Franklin India Medium to Long Duration Fund - Growth	Franklin India	₹11.1773	17 Jul 2026

Recent NAVs

Date	NAV
31 Jul 2019	₹15.9063
30 Jul 2019	₹15.9042
29 Jul 2019	₹15.9020
26 Jul 2019	₹15.8972
25 Jul 2019	₹15.8956
24 Jul 2019	₹15.8959
23 Jul 2019	₹15.9328
22 Jul 2019	₹15.9461
19 Jul 2019	₹15.9434
18 Jul 2019	₹16.0016

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 31 Jul 2019, the NAV of Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Growth Option is ₹15.9063. 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 IV - Plan A - Growth 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 - 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 IV - Plan A - Growth Option has delivered a absolute return of 4.28% — +2.3 pp ahead of the Medium to Long Duration Fund category average of 1.97%. The fund ranks #435 of 590 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Growth Option has delivered a CAGR of 5.88% — +2.93 pp ahead of the Medium to Long Duration Fund category average of 2.95%. The fund ranks #481 of 551 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Growth Option has delivered a CAGR of 4.57% — -3.04 pp behind the Medium to Long Duration Fund category average of 7.62%. The fund ranks #29 of 30 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Growth Option exactly 5 years ago would be worth approximately ₹125,064 today — a multiplier of 1.25×, based on the 5-year CAGR of 4.57%. The category average over the same window would have grown ₹1 lakh to ₹144,334.

A ₹10,000 monthly SIP in Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹677,162 today. That's an XIRR (money-weighted annualised return) of 4.78%.

Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - 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 ₹677,162 — XIRR 4.78%.

On a 5-year basis, Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Growth Option ranks #29 out of 30 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 7.62%; this fund delivered 4.57%.

The worst peak-to-trough decline Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Growth Option has experienced over the last 5-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 5-year rolling windows, Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Growth Option averaged 6.59% (best 8.87%, worst 4.56%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.26 — negative risk-adjusted performance.

In calendar year 2018, Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - Growth Option returned 3.73% — lagging the Medium to Long Duration Fund category average of 5.25% by 1.52 pp. It ranked #106 of 156 in its category that year.

Reliance Dual Advantage Fixed Tenure Fund IV - Plan A - 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 IV - Plan A - 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: 19.8%. 5-year CAGR: 4.57%.

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