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

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

Latest NAV

₹11.6425

As of

3 Apr 2018

727 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	+0.00%	-3.05%	+3.05	671 / 796	Q4
1W	+0.07%	-3.63%	+3.70	385 / 666	Q3
2W	+0.14%	-3.63%	+3.77	377 / 651	Q3
1M	+0.30%	-3.45%	+3.75	369 / 645	Q3
3M	+0.99%	-2.59%	+3.58	377 / 637	Q3
6M	+5.64%	-1.24%	+6.88	28 / 623	Q1
YTD	+1.01%	-1.35%	+2.36	527 / 618	Q4
1Y	+10.44%	+1.96%	+8.48	27 / 590	Q1
2Y	+9.23%	+2.60%	+6.63	31 / 556	Q1
3Y	+4.12%	+2.95%	+1.17	510 / 551	Q4
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.07%	+4.26%	+0.82	704 / 796	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
2018 YTD	+1.01%	+5.25%	-4.25	151 / 156
2017	+16.23%	+5.65%	+10.58	3 / 217
2016	+3.09%	+7.49%	-4.40	188 / 202
2015	—	—	—	—

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

+6.59%

25 windows

min -5.1% · max 16.3%

88% positive

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

3-Year rolling

+4.12%

1 window

min 4.1% · max 4.1%

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

5.76%

3-year · annualised

Sharpe ratio

-0.27

vs risk-free 6.5%

Sortino ratio

-0.56

Downside-only deviation

Max drawdown

-12.43%

Apr 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 Apr 2018	₹11.6425
28 Mar 2018	₹11.6355
27 Mar 2018	₹11.6341
26 Mar 2018	₹11.6329
23 Mar 2018	₹11.6295
22 Mar 2018	₹11.6284
21 Mar 2018	₹11.6273
20 Mar 2018	₹11.6261
19 Mar 2018	₹11.6249
16 Mar 2018	₹11.6211

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 Apr 2018, the NAV of Reliance Dual Advantage Fixed Tenure Fund VII- Plan D- Growth Option is ₹11.6425. 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 VII- Plan D- Growth Option has NAV history starting from 27 Mar 2015, a track record of about 11 years 2 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 VII- 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 VII- Plan D- Growth Option has delivered a absolute return of 10.44% — +8.48 pp ahead of the Medium to Long Duration Fund category average of 1.96%. The fund ranks #27 of 590 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Reliance Dual Advantage Fixed Tenure Fund VII- Plan D- Growth Option has delivered a CAGR of 4.12% — +1.17 pp ahead of the Medium to Long Duration Fund category average of 2.95%. The fund ranks #510 of 551 in its category — the bottom (Q4) quartile.

Reliance Dual Advantage Fixed Tenure Fund VII- 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 VII- Plan D- Growth Option exactly 3 years ago would be worth approximately ₹112,870 today — a multiplier of 1.13×, based on the 3-year CAGR of 4.12%. 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 VII- Plan D- Growth Option over the last 3 years — total invested ₹360,000 — would be worth ₹406,309 today. That's an XIRR (money-weighted annualised return) of 8.01%.

Reliance Dual Advantage Fixed Tenure Fund VII- 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 ₹406,309 — XIRR 8.01%.

On a 3-year basis, Reliance Dual Advantage Fixed Tenure Fund VII- Plan D- Growth Option ranks #510 out of 551 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 2.95%; this fund delivered 4.12%.

The worst peak-to-trough decline Reliance Dual Advantage Fixed Tenure Fund VII- Plan D- Growth Option has experienced over the last 3-year window is 12.43% — its NAV fell from a high on 13 Apr 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 VII- Plan D- Growth Option averaged 4.12% (best 4.12%, worst 4.12%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -0.27 — negative risk-adjusted performance.

In calendar year 2017, Reliance Dual Advantage Fixed Tenure Fund VII- Plan D- Growth Option returned 16.23% — beating the Medium to Long Duration Fund category average of 5.65% by 10.58 pp. It ranked #3 of 217 in its category that year.

Reliance Dual Advantage Fixed Tenure Fund VII- 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 VII- 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.