Religare
Religare Active Income Fund - Institutional - Growth
Unit split applied to historical metrics
This scheme had
a 100× unit consolidation on
22 Apr 2013.
Returns, SIP simulations and risk metrics on this page are split-adjusted — they reflect what a real investor's portfolio experienced (a consolidation doesn't change portfolio value, only the unit count and per-unit NAV).
Category
Income
Plan type
Dividend
Structure
Open-ended
AMFI Scheme Code
106173
ISIN (Growth)
—
ISIN (Dividend)
—
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 | +0.14% | +6.99% | -6.85 | 29 / 763 | Q1 |
| 1W | -0.09% | +6.38% | -6.46 | 308 / 722 | Q2 |
| 2W | -0.18% | +6.63% | -6.81 | 330 / 725 | Q2 |
| 1M | +0.21% | +6.29% | -6.07 | 259 / 752 | Q2 |
| 3M | -0.93% | +7.87% | -8.79 | 561 / 728 | Q4 |
| 6M | +2.71% | +9.67% | -6.96 | 319 / 642 | Q2 |
| YTD | -0.09% | +8.47% | -8.56 | 441 / 666 | Q3 |
| 1Y | +3.30% | +13.70% | -10.40 | 338 / 591 | Q3 |
| 2Y | +6.52% | -5.03% | +11.56 | 58 / 197 | Q2 |
| 3Y | +6.08% | -3.09% | +9.16 | 36 / 140 | Q2 |
| 4Y | +7.14% | +1.62% | +5.52 | 29 / 119 | Q1 |
| 5Y | +7.48% | -0.16% | +7.64 | 22 / 102 | Q1 |
| 7Y | +6.37% | +2.05% | +4.32 | 16 / 64 | Q1 |
| 10Y | — | — | — | — | — |
| Inception | +4.87% | -3.28% | +8.15 | 340 / 797 | 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 | -0.09% | +195.67% | -195.75 | 29 / 38 |
| 2015 | +5.23% | +2.23% | +3.01 | 18 / 65 |
| 2014 | +9.35% | +2.77% | +6.58 | 17 / 82 |
| 2013 | +4.83% | +1.77% | +3.06 | 26 / 101 |
| 2012 | +9.43% | -0.30% | +9.73 | 18 / 113 |
| 2011 | +8.95% | +1.75% | +7.21 | 23 / 109 |
| 2010 | — | — | — | — |
| 2009 | — | — | — | — |
| 2008 | -2.37% | -5.54% | +3.17 | 201 / 250 |
| 2007 | — | — | — | — |
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
+5.15%
89 windows
min -9.3% · max 12.3%
87% positive
3-Year rolling
+5.94%
65 windows
min -0.3% · max 9.4%
97% positive
5-Year rolling
+5.96%
40 windows
min 3.3% · max 8.1%
100% positive
Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.
7-Year rolling
+5.04%
19 windows
min 4.4% · max 6.4%
100% positive
Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.
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
3.51%
3-year · annualised
Sharpe ratio
-0.15
vs risk-free 6.5%
Sortino ratio
-0.34
Downside-only deviation
Max drawdown
-4.27%
May 2013 → Aug 2013
% positive months
66.7%
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.
Recent NAVs
| Date | NAV |
|---|---|
| 20 Jan 2016 | ₹1,497.6848 |
| 19 Jan 2016 | ₹1,495.5709 |
| 18 Jan 2016 | ₹1,493.9162 |
| 15 Jan 2016 | ₹1,493.6703 |
| 14 Jan 2016 | ₹1,496.7138 |
| 13 Jan 2016 | ₹1,498.9927 |
| 12 Jan 2016 | ₹1,499.9971 |
| 11 Jan 2016 | ₹1,500.5543 |
| 8 Jan 2016 | ₹1,501.0802 |
| 7 Jan 2016 | ₹1,500.7772 |
Advertisement
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.
Religare Active Income Fund - Institutional - Growth is a Income from Religare (Institutional plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.
Religare Active Income Fund - Institutional - Growth has NAV history starting from 03 Aug 2007, a track record of about 18 years 10 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.
Religare Active Income Fund - Institutional - Growth is managed by Religare. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, Religare Active Income Fund - Institutional - Growth has delivered a absolute return of 3.30% — -10.4 pp behind the Income category average of 13.70%. The fund ranks #338 of 591 in its category — the third (Q3) quartile.
Over the trailing 3-year window, Religare Active Income Fund - Institutional - Growth has delivered a CAGR of 6.08% — +9.16 pp ahead of the Income category average of -3.09%. The fund ranks #36 of 140 in its category — the second (Q2) quartile.
Over the trailing 5-year window, Religare Active Income Fund - Institutional - Growth has delivered a CAGR of 7.48% — +7.64 pp ahead of the Income category average of -0.16%. The fund ranks #22 of 102 in its category — the top (Q1) quartile.
₹1 lakh invested in Religare Active Income Fund - Institutional - Growth exactly 5 years ago would be worth approximately ₹143,447 today — a multiplier of 1.43×, based on the 5-year CAGR of 7.48%. The category average over the same window would have grown ₹1 lakh to ₹99,222.
A ₹10,000 monthly SIP in Religare Active Income Fund - Institutional - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹711,963 today. That's an XIRR (money-weighted annualised return) of 6.77%.
Religare Active Income Fund - Institutional - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,044,901 — XIRR 6.93%.
On a 5-year basis, Religare Active Income Fund - Institutional - Growth ranks #22 out of 102 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -0.16%; this fund delivered 7.48%.
The worst peak-to-trough decline Religare Active Income Fund - Institutional - Growth has experienced over the last 5-year window is 4.27% — its NAV fell from a high on 27 May 2013 to a low on 19 Aug 2013. 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, Religare Active Income Fund - Institutional - Growth averaged 5.96% (best 8.10%, worst 3.34%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.27 — weak risk-adjusted performance.
In calendar year 2015, Religare Active Income Fund - Institutional - Growth returned 5.23% — beating the Income category average of 2.23% by 3.01 pp. It ranked #18 of 65 in its category that year.
Religare Active Income Fund - Institutional - Growth 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. Religare Active Income Fund - Institutional - Growth 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)
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
More from Religare
- Religare Active Income Fund - Regular - AnnualDividend
- Religare Active Income Fund - Regular - Growth
- Religare Active Income Fund - Regular - MonthlyDividend
- Religare Active Income Fund - Regular - QuarterlyDividend
- Religare Arbitrage Fund - Dividend Option
- Religare Arbitrage Fund - Growth Option
- Religare Banking Fund - Retail Dividend
- Religare Banking Fund - Retail Growth