Should I invest in Reliance Money Manager Fund Growth Option?

We don't give personal investment advice. Reliance Money Manager Fund-Institutional 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. Worst 5-year drawdown: 0.4%. 5-year CAGR: 5.90%.

Reliance

Reliance Money Manager Fund-Institutional Plan Growth Option

Latest NAV

₹3,931.5882

As of

3 Jun 2026

4,171 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	+0.04%	+0.02%	+0.01	4 / 24	Q1
1W	+0.21%	+0.17%	+0.04	17 / 24	Q3
2W	+0.18%	+0.14%	+0.04	5 / 24	Q1
1M	+0.20%	+0.05%	+0.15	2 / 24	Q1
3M	+0.97%	+0.50%	+0.47	9 / 24	Q2
6M	+2.16%	+1.14%	+1.02	9 / 24	Q2
YTD	+1.79%	+0.98%	+0.81	9 / 24	Q2
1Y	+5.35%	+2.95%	+2.40	9 / 24	Q2
2Y	+6.66%	+3.90%	+2.75	9 / 24	Q2
3Y	+6.71%	+3.88%	+2.83	8 / 24	Q2
4Y	+6.56%	+3.80%	+2.76	8 / 24	Q2
5Y	+5.90%	+3.60%	+2.31	6 / 24	Q1
7Y	+6.26%	+3.48%	+2.78	6 / 24	Q1
10Y	+6.45%	+2.83%	+3.62	2 / 24	Q1
Inception	+7.19%	+2.53%	+4.66	4 / 23	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
2026 YTD	+1.79%	+1.07%	+0.72	9 / 23
2025	+7.21%	+4.48%	+2.73	6 / 23
2024	+7.34%	+4.47%	+2.88	8 / 23
2023	+6.74%	+3.97%	+2.77	11 / 23
2022	+4.16%	+2.48%	+1.69	7 / 23
2021	+4.06%	+3.17%	+0.89	6 / 23
2020	+7.24%	+3.80%	+3.45	2 / 24
2019	+6.94%	+0.37%	+6.57	4 / 24
2018	+7.29%	+2.13%	+5.16	2 / 24
2017	+6.59%	+1.82%	+4.78	4 / 24
2016	+8.50%	+2.57%	+5.93	3 / 24

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

+7.31%

199 windows

min 3.3% · max 9.9%

100% positive

3-Year rolling

+7.39%

175 windows

min 4.9% · max 9.5%

100% positive

5-Year rolling

+7.38%

151 windows

min 5.7% · max 9.2%

100% positive

7-Year rolling

+7.39%

126 windows

min 6.0% · max 8.8%

100% positive

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

0.51%

3-year · annualised

Sharpe ratio

0.03

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.23%

May 2026 → May 2026

% 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 Low Duration Fund

Scheme	Fund house	NAV	As of
SBI Short Horizon Debt Fund - Ultra Short Term Fund - Institutional Plan - Daily Dividend	SBI	₹1,425.4634	3 Jun 2026
Mirae Asset Ultra Short Term Bond Fund-Institutional Plan- Daily Dividend	Mirae Asset	₹1,005.1646	3 Jun 2026
UTI - Treasury Advantage Fund - Institutional Monthly Dividend Option	UTI	₹1,469.4427	3 Jun 2026
Birla Sun Life Cash Manager-Plan A(Institutional Daily Dividend)	Birla Sun Life	₹100.0000	3 Jun 2026
Reliance Money Manager Fund-Institutional Plan-Daily Dividend Option	Reliance	₹1,012.1998	3 Jun 2026
Religare Ultra Short Term Fund - Institutional - Growth	Religare	₹3,975.7201	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹3,931.5882
2 Jun 2026	₹3,931.5051
1 Jun 2026	₹3,930.0475
29 May 2026	₹3,927.6355
27 May 2026	₹3,924.3334
26 May 2026	₹3,923.2612
25 May 2026	₹3,923.3643
22 May 2026	₹3,920.4707
21 May 2026	₹3,919.4818
20 May 2026	₹3,922.3185

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 Jun 2026, the NAV of Reliance Money Manager Fund-Institutional Plan Growth Option is ₹3,931.5882. It's a Low Duration Fund from Reliance, run as a Institutional plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Reliance Money Manager Fund-Institutional Plan Growth Option has NAV history starting from 11 Feb 2009, a track record of about 17 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Reliance Money Manager Fund-Institutional Plan Growth Option is managed by Reliance. It's classified by AMFI under the 'Low Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Reliance Money Manager Fund-Institutional Plan Growth Option has delivered a absolute return of 5.35% — +2.4 pp ahead of the Low Duration Fund category average of 2.95%. The fund ranks #9 of 24 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Reliance Money Manager Fund-Institutional Plan Growth Option has delivered a CAGR of 6.71% — +2.83 pp ahead of the Low Duration Fund category average of 3.88%. The fund ranks #8 of 24 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Reliance Money Manager Fund-Institutional Plan Growth Option has delivered a CAGR of 5.90% — +2.31 pp ahead of the Low Duration Fund category average of 3.60%. The fund ranks #6 of 24 in its category — the top (Q1) quartile.

₹1 lakh invested in Reliance Money Manager Fund-Institutional Plan Growth Option exactly 10 years ago would be worth approximately ₹186,831 today — a multiplier of 1.87×, based on the 10-year CAGR of 6.45%. The category average over the same window would have grown ₹1 lakh to ₹132,250.

A ₹10,000 monthly SIP in Reliance Money Manager Fund-Institutional Plan Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹705,114 today. That's an XIRR (money-weighted annualised return) of 6.39%.

A ₹10,000 monthly SIP for 10 years in Reliance Money Manager Fund-Institutional Plan Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,652,556 (multiplier 1.38×). XIRR: 6.23%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Reliance Money Manager Fund-Institutional Plan Growth Option ranks #6 out of 24 funds in the Low Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 3.60%; this fund delivered 5.90%.

The worst peak-to-trough decline Reliance Money Manager Fund-Institutional Plan Growth Option has experienced over the last 5-year window is 0.42% — its NAV fell from a high on 02 May 2022 to a low on 06 May 2022. 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 Money Manager Fund-Institutional Plan Growth Option averaged 7.38% (best 9.16%, worst 5.74%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.17 — negative risk-adjusted performance.

In calendar year 2025, Reliance Money Manager Fund-Institutional Plan Growth Option returned 7.21% — beating the Low Duration Fund category average of 4.48% by 2.73 pp. It ranked #6 of 23 in its category that year.

Reliance Money Manager Fund-Institutional 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 Money Manager Fund-Institutional 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. Worst 5-year drawdown: 0.4%. 5-year CAGR: 5.90%.

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

Reliance Money Manager Fund-Institutional Plan Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Low Duration Fund

Recent NAVs

Frequently asked questions

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