Should I invest in Reliance Monthly Income Plan?

We don't give personal investment advice. Reliance Monthly Income Plan-Growth Plan is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.2%. 5-year CAGR: 7.88%.

Reliance

Reliance Monthly Income Plan-Growth Plan

Latest NAV

₹61.7745

As of

17 Jul 2026

4,898 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	+0.15%	+0.08%	+0.07	2 / 33	Q1
1W	+0.07%	-0.06%	+0.12	3 / 33	Q1
2W	-0.01%	0.00%	-0.01	23 / 33	Q3
1M	+0.93%	+0.36%	+0.57	9 / 33	Q2
3M	+1.81%	+0.90%	+0.92	10 / 33	Q2
6M	+2.64%	+0.19%	+2.44	5 / 33	Q1
YTD	+2.60%	-0.38%	+2.98	5 / 33	Q1
1Y	+6.41%	-0.73%	+7.14	1 / 33	Q1
2Y	+7.39%	+1.20%	+6.19	1 / 33	Q1
3Y	+7.98%	+3.79%	+4.19	7 / 33	Q1
4Y	+8.54%	+4.29%	+4.25	9 / 33	Q2
5Y	+7.88%	+3.45%	+4.43	8 / 33	Q1
7Y	+5.27%	+3.97%	+1.29	14 / 33	Q2
10Y	+5.55%	+3.16%	+2.39	14 / 33	Q2
Inception	+8.12%	+3.76%	+4.35	7 / 33	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	+2.60%	-0.38%	+2.98	5 / 33
2025	+9.62%	+1.83%	+7.80	1 / 33
2024	+7.71%	+6.68%	+1.03	18 / 33
2023	+10.08%	+6.65%	+3.43	11 / 33
2022	+4.75%	-0.18%	+4.93	3 / 33
2021	+9.99%	+6.74%	+3.25	9 / 33
2020	-8.59%	+5.49%	-14.08	32 / 33
2019	+2.73%	+2.15%	+0.59	15 / 33
2018	+4.14%	-3.43%	+7.57	1 / 33
2017	+8.49%	+4.29%	+4.20	8 / 33
2016	+9.13%	+4.98%	+4.14	7 / 33

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

+8.43%

236 windows

min -17.5% · max 33.5%

94% positive

3-Year rolling

+8.33%

211 windows

min -2.5% · max 15.6%

93% positive

5-Year rolling

+7.86%

187 windows

min 1.6% · max 12.9%

100% positive

7-Year rolling

+7.67%

163 windows

min 4.0% · max 13.2%

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

1.95%

3-year · annualised

Sharpe ratio

0.64

vs risk-free 6.5%

Sortino ratio

1.90

Downside-only deviation

Max drawdown

-1.85%

Feb 2026 → Mar 2026

% positive months

88.9%

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 Conservative Hybrid Fund

Scheme	Fund house	NAV	As of
HDFC MF Monthly Income Plan-Long Term Plan-Growth Option	HDFC	₹84.1902	17 Jul 2026
NIPPON INDIA CONSERVATIVE HYBRID FUND - SEGREGATED PORTFOLIO 2 - MONTHLY IDCW Option	Nippon India	₹0.0000	17 Jul 2026
SBI Magnum Monthly Income Plan - Growth	SBI	₹76.5364	17 Jul 2026
ICICI Prudential Income Multiplier Fund-Dividend option	ICICI Prudential	₹13.8272	17 Jul 2026
FT India Monthly Income Plan-Growth	Franklin Templeton	₹92.5426	17 Jul 2026
Kotak Debt Hybrid - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹12.2563	17 Jul 2026
DSP BlackRock Savings Manager Fund - Aggressive - Growth	DSP BlackRock	₹61.0620	17 Jul 2026
HSBC MIP - Savings - Dividend - Quarterly	HSBC	₹16.9878	17 Jul 2026
Canara Robeco Cigo-Growth Plan	Canara Robeco	₹99.4063	17 Jul 2026
UTI - MIS-ADVANTAGE-FLEXI DIVIDEND	UTI	₹44.9303	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹61.7745
16 Jul 2026	₹61.6820
15 Jul 2026	₹61.6594
14 Jul 2026	₹61.6313
13 Jul 2026	₹61.7564
10 Jul 2026	₹61.7332
9 Jul 2026	₹61.6113
8 Jul 2026	₹61.5718
7 Jul 2026	₹61.8298
6 Jul 2026	₹61.8362

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 Monthly Income Plan-Growth Plan is ₹61.7745. It's a Conservative Hybrid Fund from Reliance, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Reliance Monthly Income Plan-Growth Plan has NAV history starting from 03 Apr 2006, a track record of about 20 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 Monthly Income Plan-Growth Plan is managed by Reliance. It's classified by AMFI under the 'Conservative Hybrid Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Reliance Monthly Income Plan-Growth Plan has delivered a absolute return of 6.41% — +7.14 pp ahead of the Conservative Hybrid Fund category average of -0.73%. The fund ranks #1 of 33 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Reliance Monthly Income Plan-Growth Plan has delivered a CAGR of 7.98% — +4.19 pp ahead of the Conservative Hybrid Fund category average of 3.79%. The fund ranks #7 of 33 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Reliance Monthly Income Plan-Growth Plan has delivered a CAGR of 7.88% — +4.43 pp ahead of the Conservative Hybrid Fund category average of 3.45%. The fund ranks #8 of 33 in its category — the top (Q1) quartile.

₹1 lakh invested in Reliance Monthly Income Plan-Growth Plan exactly 10 years ago would be worth approximately ₹171,642 today — a multiplier of 1.72×, based on the 10-year CAGR of 5.55%. The category average over the same window would have grown ₹1 lakh to ₹136,479.

A ₹10,000 monthly SIP in Reliance Monthly Income Plan-Growth Plan over the last 5 years — total invested ₹600,000 — would be worth ₹733,715 today. That's an XIRR (money-weighted annualised return) of 7.98%.

A ₹10,000 monthly SIP for 10 years in Reliance Monthly Income Plan-Growth Plan = ₹1,200,000 invested. It would currently be worth ₹1,654,989 (multiplier 1.38×). XIRR: 6.26%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Reliance Monthly Income Plan-Growth Plan ranks #8 out of 33 funds in the Conservative Hybrid Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 3.45%; this fund delivered 7.88%.

The worst peak-to-trough decline Reliance Monthly Income Plan-Growth Plan has experienced over the last 5-year window is 2.22% — its NAV fell from a high on 04 Apr 2022 to a low on 17 Jun 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 Monthly Income Plan-Growth Plan averaged 7.86% (best 12.93%, worst 1.55%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.49 — weak risk-adjusted performance.

In calendar year 2025, Reliance Monthly Income Plan-Growth Plan returned 9.62% — beating the Conservative Hybrid Fund category average of 1.83% by 7.80 pp. It ranked #1 of 33 in its category that year.

Reliance Monthly Income Plan-Growth Plan is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. Reliance Monthly Income Plan-Growth Plan is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.2%. 5-year CAGR: 7.88%.

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