Religare

Religare Active Income Fund - Institutional - MonthlyDividend

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).

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	30 / 763	Q1
1W	-0.09%	+6.38%	-6.46	307 / 722	Q2
2W	-0.18%	+6.63%	-6.81	331 / 725	Q2
1M	+0.21%	+6.29%	-6.07	260 / 752	Q2
3M	-0.93%	+7.87%	-8.79	562 / 728	Q4
6M	+2.71%	+9.67%	-6.96	320 / 642	Q2
YTD	-0.09%	+8.47%	-8.56	442 / 666	Q3
1Y	+3.30%	+13.70%	-10.40	339 / 591	Q3
2Y	+6.53%	-5.03%	+11.56	57 / 197	Q2
3Y	+10.18%	-3.09%	+13.27	5 / 140	Q1
4Y	+6.46%	+1.62%	+4.84	33 / 119	Q2
5Y	+6.14%	-0.16%	+6.30	26 / 102	Q2
7Y	+4.75%	+2.05%	+2.70	20 / 64	Q2
10Y	—	—	—	—	—
Inception	+3.63%	-3.28%	+6.91	345 / 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	30 / 38
2015	+5.23%	+2.23%	+3.01	19 / 65
2014	+9.35%	+2.77%	+6.59	16 / 82
2013	+17.48%	+1.77%	+15.71	1 / 101
2012	-4.82%	-0.30%	-4.52	106 / 113
2011	+4.96%	+1.75%	+3.21	37 / 109
2010	—	—	—	—
2009	—	—	—	—
2008	+0.83%	-5.54%	+6.38	144 / 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

+4.27%

85 windows

min -5.9% · max 19.5%

72% positive

3-Year rolling

+4.03%

65 windows

min -0.7% · max 11.5%

89% positive

5-Year rolling

+3.55%

40 windows

min -0.5% · max 6.3%

88% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+3.84%

18 windows

min 3.0% · max 4.7%

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

6.84%

3-year · annualised

Sharpe ratio

0.51

vs risk-free 6.5%

Sortino ratio

2.40

Downside-only deviation

Max drawdown

-3.76%

Jun 2013 → Aug 2013

% positive months

69.4%

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	₹1,353.7379
19 Jan 2016	₹1,351.8272
18 Jan 2016	₹1,350.3318
15 Jan 2016	₹1,350.1096
14 Jan 2016	₹1,352.8600
13 Jan 2016	₹1,354.9198
12 Jan 2016	₹1,355.8277
11 Jan 2016	₹1,356.3309
8 Jan 2016	₹1,356.8066
7 Jan 2016	₹1,356.5331

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 - MonthlyDividend 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 - MonthlyDividend 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 - MonthlyDividend 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 - MonthlyDividend has delivered a absolute return of 3.30% — -10.4 pp behind the Income category average of 13.70%. The fund ranks #339 of 591 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Religare Active Income Fund - Institutional - MonthlyDividend has delivered a CAGR of 10.18% — +13.27 pp ahead of the Income category average of -3.09%. The fund ranks #5 of 140 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Religare Active Income Fund - Institutional - MonthlyDividend has delivered a CAGR of 6.14% — +6.3 pp ahead of the Income category average of -0.16%. The fund ranks #26 of 102 in its category — the second (Q2) quartile.

₹1 lakh invested in Religare Active Income Fund - Institutional - MonthlyDividend exactly 5 years ago would be worth approximately ₹134,707 today — a multiplier of 1.35×, based on the 5-year CAGR of 6.14%. 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 - MonthlyDividend over the last 5 years — total invested ₹600,000 — would be worth ₹714,737 today. That's an XIRR (money-weighted annualised return) of 6.92%.

Religare Active Income Fund - Institutional - MonthlyDividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,002,372 — XIRR 6.15%.

On a 5-year basis, Religare Active Income Fund - Institutional - MonthlyDividend ranks #26 out of 102 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -0.16%; this fund delivered 6.14%.

The worst peak-to-trough decline Religare Active Income Fund - Institutional - MonthlyDividend has experienced over the last 5-year window is 11.42% — its NAV fell from a high on 25 Sep 2012 to a low on 26 Sep 2012. 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 - MonthlyDividend averaged 3.55% (best 6.35%, worst -0.48%). 88% of rolling windows ended positive. The 5-year Sharpe ratio is -0.03 — negative risk-adjusted performance.

In calendar year 2015, Religare Active Income Fund - Institutional - MonthlyDividend returned 5.23% — beating the Income category average of 2.23% by 3.01 pp. It ranked #19 of 65 in its category that year.

Religare Active Income Fund - Institutional - MonthlyDividend 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 - MonthlyDividend 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: 11.4%. 5-year CAGR: 6.14%.

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