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

We don't give personal investment advice. Reliance Money Manager Fund-Retail 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: 1.2%. 5-year CAGR: 0.24%.

Reliance

Reliance Money Manager Fund-Retail Plan-Monthly Dividend Option

Latest NAV

₹1,037.7143

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%	+0.05%	+0.00	10 / 20	Q2
1W	+0.09%	+0.08%	+0.01	7 / 20	Q2
2W	+0.06%	+0.00%	+0.06	4 / 20	Q1
1M	-0.29%	+0.10%	-0.39	16 / 20	Q4
3M	-0.49%	+0.46%	-0.95	19 / 20	Q4
6M	+0.30%	+1.27%	-0.97	9 / 20	Q2
YTD	+0.28%	+1.18%	-0.90	9 / 20	Q2
1Y	+0.12%	+2.06%	-1.94	9 / 20	Q2
2Y	+0.22%	+2.69%	-2.47	9 / 20	Q2
3Y	+0.25%	+2.71%	-2.46	9 / 20	Q2
4Y	+0.24%	+2.64%	-2.41	9 / 20	Q2
5Y	+0.24%	+2.37%	-2.13	9 / 20	Q2
7Y	+0.48%	+2.42%	-1.94	11 / 20	Q3
10Y	+0.20%	+2.01%	-1.81	9 / 20	Q2
Inception	+0.15%	+1.99%	-1.84	9 / 17	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	+0.28%	+1.18%	-0.90	9 / 20
2025	+0.29%	+2.87%	-2.58	12 / 20
2024	+0.34%	+2.89%	-2.55	9 / 20
2023	+0.24%	+2.68%	-2.44	9 / 20
2022	+0.15%	+1.49%	-1.35	10 / 20
2021	+0.22%	+1.43%	-1.21	11 / 20
2020	+0.95%	+3.27%	-2.32	11 / 20
2019	-0.15%	+0.78%	-0.92	17 / 20
2018	-0.02%	+1.56%	-1.57	19 / 20
2017	-0.08%	+1.17%	-1.25	16 / 20
2016	-0.17%	+1.94%	-2.11	19 / 20

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%

66% positive

3-Year rolling

+0.14%

176 windows

min -0.5% · max 1.0%

76% positive

5-Year rolling

+0.15%

152 windows

min -0.3% · max 0.6%

82% positive

7-Year rolling

+0.13%

128 windows

min -0.2% · max 0.6%

86% 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

1.11%

3-year · annualised

Sharpe ratio

-5.60

vs risk-free 6.5%

Sortino ratio

-8.55

Downside-only deviation

Max drawdown

-1.18%

Apr 2026 → May 2026

% 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
HDFC Cash Management Fund Treasury Advantage - Retail Plan Daily Dividend Option	HDFC	₹10.1428	17 Jul 2026
SBI Short Horizon Debt Fund - Ultra Short Term Fund - Retail Plan - Monthly Dividend	SBI	₹1,624.3719	17 Jul 2026
UTI - Treasury Advantage Fund - Retail Weekly Dividend Option	UTI	₹1,086.2501	17 Jul 2026
Axis Treasury Advantage Fund - Retail Plan - Daily IDCW	Axis	₹1,012.4736	17 Jul 2026
Reliance Money Manager Fund-Retail Plan Bonus Option	Reliance	₹2,825.7687	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹1,037.7143
16 Jul 2026	₹1,037.2136
15 Jul 2026	₹1,036.6785
14 Jul 2026	₹1,036.3638
13 Jul 2026	₹1,037.1883
10 Jul 2026	₹1,036.8150
9 Jul 2026	₹1,036.2784
8 Jul 2026	₹1,035.7988
7 Jul 2026	₹1,036.9787
6 Jul 2026	₹1,037.3915

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-Retail Plan-Monthly Dividend Option is ₹1,037.7143. It's a Low Duration Fund from Reliance, run as a Retail plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Reliance Money Manager Fund-Retail 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-Retail 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-Retail Plan-Monthly Dividend Option has delivered a absolute return of 0.12% — -1.94 pp behind the Low Duration Fund category average of 2.06%. The fund ranks #9 of 20 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Reliance Money Manager Fund-Retail Plan-Monthly Dividend Option has delivered a CAGR of 0.25% — -2.46 pp behind the Low Duration Fund category average of 2.71%. The fund ranks #9 of 20 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Reliance Money Manager Fund-Retail Plan-Monthly Dividend Option has delivered a CAGR of 0.24% — -2.13 pp behind the Low Duration Fund category average of 2.37%. The fund ranks #9 of 20 in its category — the second (Q2) quartile.

₹1 lakh invested in Reliance Money Manager Fund-Retail Plan-Monthly Dividend Option exactly 10 years ago would be worth approximately ₹102,055 today — a multiplier of 1.02×, based on the 10-year CAGR of 0.20%. The category average over the same window would have grown ₹1 lakh to ₹122,058.

A ₹10,000 monthly SIP in Reliance Money Manager Fund-Retail Plan-Monthly Dividend Option over the last 5 years — total invested ₹600,000 — would be worth ₹603,978 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-Retail Plan-Monthly Dividend Option = ₹1,200,000 invested. It would currently be worth ₹1,217,161 (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-Retail Plan-Monthly Dividend Option ranks #9 out of 20 funds in the Low Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.37%; this fund delivered 0.24%.

The worst peak-to-trough decline Reliance Money Manager Fund-Retail Plan-Monthly Dividend Option has experienced over the last 5-year window is 1.18% — its NAV fell from a high on 20 Apr 2026 to a low on 21 May 2026. 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-Retail Plan-Monthly Dividend Option averaged 0.15% (best 0.65%, worst -0.31%). 82% of rolling windows ended positive. The 5-year Sharpe ratio is -6.57 — negative risk-adjusted performance.

In calendar year 2025, Reliance Money Manager Fund-Retail Plan-Monthly Dividend Option returned 0.29% — lagging the Low Duration Fund category average of 2.87% by 2.58 pp. It ranked #12 of 20 in its category that year.

Reliance Money Manager Fund-Retail 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-Retail 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: 1.2%. 5-year CAGR: 0.24%.

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