Should I invest in Reliance Money Manager Fund-Monthly Dividend Option?

We don't give personal investment advice. Reliance Money Manager Fund-Institutional Plan-Monthly 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. Worst 5-year drawdown: 1.1%. 5-year CAGR: 0.24%.

Reliance

Reliance Money Manager Fund-Institutional Plan-Monthly Dividend Option

Latest NAV

₹1,035.7714

As of

17 Jul 2026

4,202 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	+0.05%	+0.04%	+0.01	8 / 24	Q2
1W	+0.08%	+0.05%	+0.03	6 / 24	Q1
2W	+0.05%	+0.04%	+0.02	8 / 24	Q2
1M	-0.29%	+0.26%	-0.55	21 / 24	Q4
3M	-0.13%	+0.79%	-0.92	21 / 24	Q4
6M	+0.28%	+1.73%	-1.46	16 / 24	Q3
YTD	+0.26%	+1.70%	-1.44	16 / 24	Q3
1Y	+0.11%	+3.20%	-3.10	15 / 24	Q3
2Y	+0.22%	+4.02%	-3.81	15 / 24	Q3
3Y	+0.25%	+3.99%	-3.74	15 / 24	Q3
4Y	+0.24%	+3.87%	-3.63	15 / 24	Q3
5Y	+0.24%	+3.69%	-3.45	15 / 24	Q3
7Y	+0.47%	+3.57%	-3.10	15 / 24	Q3
10Y	+0.19%	+2.87%	-2.68	15 / 24	Q3
Inception	+0.14%	+2.55%	-2.40	16 / 23	Q3

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	+0.26%	+1.82%	-1.56	16 / 23
2025	+0.29%	+4.48%	-4.19	18 / 23
2024	+0.35%	+4.47%	-4.12	15 / 23
2023	+0.26%	+3.97%	-3.71	17 / 23
2022	+0.13%	+2.48%	-2.34	16 / 23
2021	+0.23%	+3.17%	-2.94	15 / 23
2020	+0.81%	+3.80%	-2.99	15 / 24
2019	-0.04%	+0.37%	-0.42	15 / 24
2018	-0.01%	+2.13%	-2.15	22 / 24
2017	-0.08%	+1.82%	-1.90	17 / 24
2016	-0.29%	+2.57%	-2.85	23 / 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

+0.14%

201 windows

min -1.4% · max 2.5%

67% positive

3-Year rolling

+0.13%

176 windows

min -0.5% · max 1.0%

75% positive

5-Year rolling

+0.14%

152 windows

min -0.3% · max 0.6%

76% positive

7-Year rolling

+0.12%

128 windows

min -0.2% · max 0.6%

83% 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

0.94%

3-year · annualised

Sharpe ratio

-6.61

vs risk-free 6.5%

Sortino ratio

-10.70

Downside-only deviation

Max drawdown

-1.10%

Apr 2025 → Apr 2025

% 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 Low Duration Fund

Scheme	Fund house	NAV	As of
SBI Short Horizon Debt Fund - Ultra Short Term Fund - Institutional Plan - Daily Dividend	SBI	₹1,442.9634	17 Jul 2026
Mirae Asset Ultra Short Term Bond Fund-Institutional Plan- Daily Dividend	Mirae Asset	₹1,005.1646	17 Jul 2026
UTI - Treasury Advantage Fund - Institutional Monthly Dividend Option	UTI	₹1,487.6814	17 Jul 2026
Reliance Money Manager Fund-Institutional Plan Growth Option	Reliance	₹3,981.3073	17 Jul 2026
Religare Ultra Short Term Fund - Institutional - Growth	Religare	₹4,021.6156	17 Jul 2026
Birla Sun Life Cash Manager-Plan A(Institutional Daily Dividend)	Birla Sun Life	₹100.0000	19 Jun 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹1,035.7714
16 Jul 2026	₹1,035.2775
15 Jul 2026	₹1,034.7493
14 Jul 2026	₹1,034.4410
13 Jul 2026	₹1,035.2698
10 Jul 2026	₹1,034.9147
9 Jul 2026	₹1,034.3849
8 Jul 2026	₹1,033.9121
7 Jul 2026	₹1,035.0956
6 Jul 2026	₹1,035.5135

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 17 Jul 2026, the NAV of Reliance Money Manager Fund-Institutional Plan-Monthly Dividend Option is ₹1,035.7714. 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-Monthly Dividend Option has NAV history starting from 11 Feb 2009, a track record of about 17 years 5 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-Monthly Dividend 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-Monthly Dividend Option has delivered a absolute return of 0.11% — -3.1 pp behind the Low Duration Fund category average of 3.20%. The fund ranks #15 of 24 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Reliance Money Manager Fund-Institutional Plan-Monthly Dividend Option has delivered a CAGR of 0.25% — -3.74 pp behind the Low Duration Fund category average of 3.99%. The fund ranks #15 of 24 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Reliance Money Manager Fund-Institutional Plan-Monthly Dividend Option has delivered a CAGR of 0.24% — -3.45 pp behind the Low Duration Fund category average of 3.69%. The fund ranks #15 of 24 in its category — the third (Q3) quartile.

₹1 lakh invested in Reliance Money Manager Fund-Institutional Plan-Monthly Dividend Option exactly 10 years ago would be worth approximately ₹101,915 today — a multiplier of 1.02×, based on the 10-year CAGR of 0.19%. The category average over the same window would have grown ₹1 lakh to ₹132,647.

A ₹10,000 monthly SIP in Reliance Money Manager Fund-Institutional Plan-Monthly Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹603,986 today. That's an XIRR (money-weighted annualised return) of 0.26%.

A ₹10,000 monthly SIP for 10 years in Reliance Money Manager Fund-Institutional Plan-Monthly Dividend Option = ₹1,200,000 invested. It would currently be worth ₹1,216,940 (multiplier 1.01×). XIRR: 0.28%. 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-Monthly Dividend Option ranks #15 out of 24 funds in the Low Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 3.69%; this fund delivered 0.24%.

The worst peak-to-trough decline Reliance Money Manager Fund-Institutional Plan-Monthly Dividend Option has experienced over the last 5-year window is 1.10% — its NAV fell from a high on 21 Apr 2025 to a low on 22 Apr 2025. 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-Monthly Dividend Option averaged 0.14% (best 0.64%, worst -0.33%). 76% of rolling windows ended positive. The 5-year Sharpe ratio is -7.50 — negative risk-adjusted performance.

In calendar year 2025, Reliance Money Manager Fund-Institutional Plan-Monthly Dividend Option returned 0.29% — lagging the Low Duration Fund category average of 4.48% by 4.19 pp. It ranked #18 of 23 in its category that year.

Reliance Money Manager Fund-Institutional Plan-Monthly 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 Money Manager Fund-Institutional Plan-Monthly 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. Worst 5-year drawdown: 1.1%. 5-year CAGR: 0.24%.

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