Should I invest in Reliance Interval Fund - II - Series 3?

We don't give personal investment advice. Reliance Interval Fund - II - Series 3 - Growth Plan - 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 Interval Fund - II - Series 3 - Growth Plan - Growth Option

Latest NAV

₹12.7519

As of

1 Nov 2016

724 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

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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	392 / 796	Q2
1W	+0.12%	-3.63%	+3.75	143 / 666	Q1
2W	+0.23%	-3.63%	+3.86	211 / 651	Q2
1M	+0.46%	-3.45%	+3.91	248 / 645	Q2
3M	+1.50%	-2.59%	+4.09	247 / 637	Q2
6M	+3.60%	-1.24%	+4.84	134 / 623	Q1
YTD	+6.29%	-1.35%	+7.64	35 / 618	Q1
1Y	+7.45%	+1.96%	+5.49	156 / 590	Q2
2Y	+8.06%	+2.60%	+5.47	102 / 556	Q1
3Y	+8.30%	+2.95%	+5.35	151 / 551	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+8.31%	+4.26%	+4.06	222 / 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
2016 YTD	+6.29%	+7.49%	-1.20	153 / 202
2015	+8.29%	+6.75%	+1.54	100 / 185
2014	+8.91%	+12.50%	-3.59	76 / 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

+8.44%

25 windows

min 7.4% · max 9.2%

100% positive

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

3-Year rolling

+8.30%

1 window

min 8.3% · max 8.3%

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

0.59%

3-year · annualised

Sharpe ratio

2.55

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.14%

Jan 2014 → Jan 2014

% positive months

100.0%

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 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
1 Nov 2016	₹12.7519
28 Oct 2016	₹12.7422
27 Oct 2016	₹12.7404
26 Oct 2016	₹12.7384
25 Oct 2016	₹12.7364
24 Oct 2016	₹12.7345
21 Oct 2016	₹12.7286
20 Oct 2016	₹12.7266
19 Oct 2016	₹12.7246
18 Oct 2016	₹12.7227

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 01 Nov 2016, the NAV of Reliance Interval Fund - II - Series 3 - Growth Plan - Growth Option is ₹12.7519. 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 Interval Fund - II - Series 3 - Growth Plan - Growth Option has NAV history starting from 22 Oct 2013, a track record of about 12 years 7 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 Interval Fund - II - Series 3 - Growth Plan - 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 Interval Fund - II - Series 3 - Growth Plan - Growth Option has delivered a absolute return of 7.45% — +5.49 pp ahead of the Medium to Long Duration Fund category average of 1.96%. The fund ranks #156 of 590 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Reliance Interval Fund - II - Series 3 - Growth Plan - Growth Option has delivered a CAGR of 8.30% — +5.35 pp ahead of the Medium to Long Duration Fund category average of 2.95%. The fund ranks #151 of 551 in its category — the second (Q2) quartile.

Reliance Interval Fund - II - Series 3 - Growth Plan - 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 Interval Fund - II - Series 3 - Growth Plan - Growth Option exactly 3 years ago would be worth approximately ₹127,008 today — a multiplier of 1.27×, based on the 3-year CAGR of 8.30%. The category average over the same window would have grown ₹1 lakh to ₹109,098.

A ₹10,000 monthly SIP in Reliance Interval Fund - II - Series 3 - Growth Plan - Growth Option over the last 3 years — total invested ₹360,000 — would be worth ₹406,571 today. That's an XIRR (money-weighted annualised return) of 8.03%.

Reliance Interval Fund - II - Series 3 - Growth Plan - 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 ₹406,571 — XIRR 8.03%.

On a 3-year basis, Reliance Interval Fund - II - Series 3 - Growth Plan - Growth Option ranks #151 out of 551 funds in the Medium to Long Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.95%; this fund delivered 8.30%.

The worst peak-to-trough decline Reliance Interval Fund - II - Series 3 - Growth Plan - Growth Option has experienced over the last 3-year window is 0.14% — its NAV fell from a high on 27 Jan 2014 to a low on 30 Jan 2014. 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 Interval Fund - II - Series 3 - Growth Plan - Growth Option averaged 8.30% (best 8.30%, worst 8.30%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 2.55 — strong risk-adjusted performance.

In calendar year 2015, Reliance Interval Fund - II - Series 3 - Growth Plan - Growth Option returned 8.29% — beating the Medium to Long Duration Fund category average of 6.75% by 1.54 pp. It ranked #100 of 185 in its category that year.

Reliance Interval Fund - II - Series 3 - Growth Plan - 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 Interval Fund - II - Series 3 - Growth Plan - 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.