Religare

Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend

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	+0.01%	-0.05%	+0.05	12 / 17	Q3
1W	+0.11%	+0.21%	-0.10	10 / 17	Q3
2W	+0.22%	+0.30%	-0.08	13 / 17	Q4
1M	-0.12%	+0.24%	-0.35	11 / 17	Q3
3M	-0.17%	+1.68%	-1.85	17 / 17	Q4
6M	-0.04%	+2.93%	-2.97	15 / 17	Q4
YTD	+0.08%	+3.53%	-3.45	14 / 17	Q4
1Y	-0.28%	+4.79%	-5.07	13 / 17	Q4
2Y	+0.14%	+3.77%	-3.63	14 / 17	Q4
3Y	-0.54%	+3.93%	-4.48	15 / 17	Q4
4Y	+1.26%	+5.32%	-4.07	10 / 12	Q4
5Y	+2.16%	+5.53%	-3.37	10 / 12	Q4
7Y	+1.80%	+5.35%	-3.56	10 / 11	Q4
10Y	—	—	—	—	—
Inception	+1.66%	+4.62%	-2.96	15 / 17	Q4

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
2015 YTD	+0.08%	+3.15%	-3.07	9 / 11
2014	+0.76%	+9.33%	-8.57	11 / 12
2013	+0.85%	+2.09%	-1.24	7 / 12
2012	+3.26%	+6.47%	-3.21	13 / 14
2011	+5.89%	+5.07%	+0.82	6 / 15
2010	+2.12%	+2.35%	-0.22	11 / 15
2009	-0.12%	-5.08%	+4.96	5 / 11
2008	—	—	—	—

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

+1.91%

82 windows

min -4.5% · max 8.4%

74% positive

3-Year rolling

+2.44%

58 windows

min -0.5% · max 5.7%

95% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+2.49%

34 windows

min 2.2% · max 3.4%

100% positive

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

7-Year rolling

+1.86%

11 windows

min 1.8% · max 2.1%

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

3.48%

3-year · annualised

Sharpe ratio

-2.01

vs risk-free 6.5%

Sortino ratio

-2.19

Downside-only deviation

Max drawdown

-5.92%

Feb 2013 → Feb 2013

% positive months

52.8%

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
22 Dec 2015	₹1,139.3913
21 Dec 2015	₹1,139.3009
18 Dec 2015	₹1,139.1431
17 Dec 2015	₹1,139.2741
16 Dec 2015	₹1,138.9502
15 Dec 2015	₹1,138.1312
14 Dec 2015	₹1,137.7435
11 Dec 2015	₹1,137.5039
10 Dec 2015	₹1,137.3100
9 Dec 2015	₹1,137.1078

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 GILT Fund - Short Duration Plan - Regular - Monthly Dividend is a Gilt from Religare (Regular 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 GILT Fund - Short Duration Plan - Regular - Monthly Dividend has NAV history starting from 11 Feb 2008, a track record of about 18 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.

Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend is managed by Religare. It's classified by AMFI under the 'Gilt' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend has delivered a absolute return of -0.28% — -5.07 pp behind the Gilt category average of 4.79%. The fund ranks #13 of 17 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend has delivered a CAGR of -0.54% — -4.48 pp behind the Gilt category average of 3.93%. The fund ranks #15 of 17 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend has delivered a CAGR of 2.16% — -3.37 pp behind the Gilt category average of 5.53%. The fund ranks #10 of 12 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend exactly 5 years ago would be worth approximately ₹111,272 today — a multiplier of 1.11×, based on the 5-year CAGR of 2.16%. The category average over the same window would have grown ₹1 lakh to ₹130,907.

A ₹10,000 monthly SIP in Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹612,467 today. That's an XIRR (money-weighted annualised return) of 0.81%.

Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹850,261 — XIRR 1.41%.

On a 5-year basis, Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend ranks #10 out of 12 funds in the Gilt category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 5.53%; this fund delivered 2.16%.

The worst peak-to-trough decline Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend has experienced over the last 5-year window is 5.92% — its NAV fell from a high on 27 Feb 2013 to a low on 28 Feb 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 GILT Fund - Short Duration Plan - Regular - Monthly Dividend averaged 2.49% (best 3.44%, worst 2.16%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.51 — negative risk-adjusted performance.

In calendar year 2014, Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend returned 0.76% — lagging the Gilt category average of 9.33% by 8.57 pp. It ranked #11 of 12 in its category that year.

Religare GILT Fund - Short Duration Plan - Regular - Monthly Dividend 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 GILT Fund - Short Duration Plan - Regular - Monthly Dividend 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: 5.9%. 5-year CAGR: 2.16%.

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