Should I invest in Religare Banking Fund - Retail Growth?

We don't give personal investment advice. Religare Banking Fund - Retail Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 23.9%. 5-year CAGR: 13.57%.

Religare

Religare Banking Fund - Retail Growth

Latest NAV

₹137.4600

As of

8 Jun 2026

4,395 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	+0.00%	+0.08%	-0.08	9 / 9	Q4
1W	-1.24%	-0.81%	-0.43	9 / 9	Q4
2W	-4.77%	-2.38%	-2.39	8 / 9	Q4
1M	-4.92%	-1.72%	-3.21	9 / 9	Q4
3M	-0.31%	-0.40%	+0.09	3 / 9	Q2
6M	-4.88%	-8.05%	+3.17	3 / 9	Q2
YTD	-5.66%	-8.30%	+2.63	3 / 9	Q2
1Y	-1.62%	-5.70%	+4.07	1 / 9	Q1
2Y	+9.32%	+3.91%	+5.41	1 / 9	Q1
3Y	+16.36%	+12.70%	+3.66	3 / 9	Q2
4Y	+18.54%	+12.54%	+6.00	2 / 9	Q1
5Y	+13.57%	+9.45%	+4.11	5 / 9	Q3
7Y	+12.72%	+9.41%	+3.31	5 / 9	Q3
10Y	+14.68%	+9.90%	+4.78	1 / 9	Q1
Inception	+16.09%	+10.18%	+5.91	1 / 9	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	-5.66%	-10.14%	+4.48	1 / 7
2025	+14.36%	+8.84%	+5.52	3 / 7
2024	+19.62%	+14.74%	+4.88	2 / 7
2023	+25.66%	+18.76%	+6.90	4 / 9
2022	+12.81%	+8.46%	+4.35	2 / 9
2021	+14.23%	+23.38%	-9.15	7 / 9
2020	+2.26%	+3.87%	-1.61	5 / 9
2019	+20.36%	+9.64%	+10.71	1 / 9
2018	+0.31%	-4.46%	+4.77	1 / 9
2017	+45.81%	+28.82%	+16.99	1 / 9
2016	+9.97%	+10.01%	-0.04	5 / 9

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

+19.72%

206 windows

min -27.7% · max 138.6%

77% positive

3-Year rolling

+15.62%

182 windows

min -5.3% · max 38.4%

95% positive

5-Year rolling

+15.25%

158 windows

min 4.4% · max 26.5%

100% positive

7-Year rolling

+14.90%

133 windows

min 8.8% · max 23.6%

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

12.98%

3-year · annualised

Sharpe ratio

0.74

vs risk-free 6.5%

Sortino ratio

1.27

Downside-only deviation

Max drawdown

-15.20%

Dec 2024 → Mar 2025

% 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.

Peers in Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - Growth Option	HDFC	₹16.7180	8 Jun 2026
ICICI Prudential Active Momentum Fund - Direct Plan - Growth	ICICI Prudential	₹10.5400	8 Jun 2026
Bandhan Business Cycle Fund - Direct Plan - Growth	Bandhan	₹9.5220	8 Jun 2026
Aditya Birla Sun Life Banking and Financial Services Fund - Direct Plan - Growth	Aditya Birla Sun Life	₹66.1400	8 Jun 2026
Franklin Asian Equity Fund - Dividend Plan	Franklin Templeton	₹20.4803	8 Jun 2026
Franklin India Multi-Factor Fund- Direct- Growth	Franklin India	₹9.2348	8 Jun 2026
Edelweiss Business Cycle Fund - Direct Plan - Growth	Edelweiss	₹8.7840	8 Jun 2026
DSP Banking & Financial Services Fund - Direct - Growth	DSP	₹14.0540	8 Jun 2026
DSP BlackRock India T.I.G.E.R. Fund - Regular Plan - Growth	DSP BlackRock	₹347.9550	8 Jun 2026
HSBC Business Cycles Fund - Direct Growth	HSBC	₹44.5490	8 Jun 2026

Recent NAVs

Date	NAV
8 Jun 2026	₹137.4600
5 Jun 2026	₹138.9600
4 Jun 2026	₹139.0900
3 Jun 2026	₹138.8500
2 Jun 2026	₹138.8500
1 Jun 2026	₹139.1900
29 May 2026	₹141.5100
27 May 2026	₹143.3800
26 May 2026	₹144.2100
25 May 2026	₹144.3500

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 08 Jun 2026, the NAV of Religare Banking Fund - Retail Growth is ₹137.4600. It's a Sectoral/Thematic Fund from Religare, run as a Retail plan Growth option. NAVs update once per business day from the AMFI feed.

Religare Banking Fund - Retail Growth has NAV history starting from 16 Jul 2008, a track record of about 17 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 Banking Fund - Retail Growth is managed by Religare. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Religare Banking Fund - Retail Growth has delivered a absolute return of -1.62% — +4.07 pp ahead of the Sectoral/Thematic Fund category average of -5.70%. The fund ranks #1 of 9 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Religare Banking Fund - Retail Growth has delivered a CAGR of 16.36% — +3.66 pp ahead of the Sectoral/Thematic Fund category average of 12.70%. The fund ranks #3 of 9 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Religare Banking Fund - Retail Growth has delivered a CAGR of 13.57% — +4.11 pp ahead of the Sectoral/Thematic Fund category average of 9.45%. The fund ranks #5 of 9 in its category — the third (Q3) quartile.

₹1 lakh invested in Religare Banking Fund - Retail Growth exactly 10 years ago would be worth approximately ₹393,531 today — a multiplier of 3.94×, based on the 10-year CAGR of 14.68%. The category average over the same window would have grown ₹1 lakh to ₹257,105.

A ₹10,000 monthly SIP in Religare Banking Fund - Retail Growth over the last 5 years — total invested ₹600,000 — would be worth ₹843,220 today. That's an XIRR (money-weighted annualised return) of 13.57%.

A ₹10,000 monthly SIP for 10 years in Religare Banking Fund - Retail Growth = ₹1,200,000 invested. It would currently be worth ₹2,484,354 (multiplier 2.07×). XIRR: 13.93%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Religare Banking Fund - Retail Growth ranks #5 out of 9 funds in the Sectoral/Thematic Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 9.45%; this fund delivered 13.57%.

The worst peak-to-trough decline Religare Banking Fund - Retail Growth has experienced over the last 5-year window is 23.90% — its NAV fell from a high on 26 Oct 2021 to a low on 20 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, Religare Banking Fund - Retail Growth averaged 15.25% (best 26.52%, worst 4.40%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.47 — weak risk-adjusted performance.

In calendar year 2025, Religare Banking Fund - Retail Growth returned 14.36% — beating the Sectoral/Thematic Fund category average of 8.84% by 5.52 pp. It ranked #3 of 7 in its category that year.

Religare Banking Fund - Retail Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Religare Banking Fund - Retail Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 23.9%. 5-year CAGR: 13.57%.

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