Should I invest in Religare Liquid Fund - Institutional?

We don't give personal investment advice. Religare Liquid 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+ yearsprimary goal is capital preservation or steady accrual, not high growthtax 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: 0.2%. 5-year CAGR: 8.23%.

Religare

Religare Liquid Fund - Institutional - Growth

Unit split applied to historical metrics

This scheme had a 100× unit consolidation on 27 Feb 2011. 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	+0.02%	+0.34%	-0.32	35 / 110	Q2
1W	+0.14%	+0.31%	-0.17	21 / 107	Q1
2W	+0.27%	+0.36%	-0.09	21 / 106	Q1
1M	+0.59%	+0.37%	+0.22	16 / 106	Q1
3M	+1.86%	+0.70%	+1.16	15 / 105	Q1
6M	+3.80%	-0.73%	+4.53	12 / 105	Q1
YTD	+4.81%	-1.59%	+6.39	10 / 102	Q1
1Y	+7.73%	-0.61%	+8.35	13 / 100	Q1
2Y	+8.14%	-0.86%	+9.00	12 / 96	Q1
3Y	+7.95%	-1.06%	+9.01	11 / 89	Q1
4Y	+8.32%	-1.39%	+9.70	9 / 86	Q1
5Y	+8.23%	+0.08%	+8.14	7 / 76	Q1
7Y	+7.52%	-1.37%	+8.89	11 / 53	Q1
10Y	—	—	—	—	—
Inception	+7.63%	-1.26%	+8.89	9 / 110	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
2015 YTD	+4.81%	+2.35%	+2.45	11 / 38
2014	+8.00%	+2.71%	+5.29	11 / 47
2013	+8.04%	+0.78%	+7.26	14 / 64
2012	+8.95%	+155.04%	-146.10	15 / 65
2011	+8.73%	-0.45%	+9.18	11 / 67
2010	+5.28%	-1.24%	+6.52	9 / 73
2009	+5.16%	+0.17%	+4.99	8 / 75
2008	+8.93%	+2.60%	+6.34	13 / 61
2007	+7.86%	+0.04%	+7.82	7 / 48
2006	—	—	—	—

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

+7.62%

95 windows

min 4.1% · max 9.4%

100% positive

3-Year rolling

+7.47%

71 windows

min 6.4% · max 8.6%

100% positive

5-Year rolling

+7.49%

46 windows

min 7.2% · max 8.2%

100% positive

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

7-Year rolling

+7.57%

22 windows

min 7.5% · max 7.6%

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

0.23%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.23%

Jul 2013 → Jul 2013

% positive months

100.0%

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
19 Aug 2015	₹1,904.6006
18 Aug 2015	₹1,904.2315
17 Aug 2015	₹1,903.8625
16 Aug 2015	₹1,903.4884
14 Aug 2015	₹1,902.7503
13 Aug 2015	₹1,902.3812
12 Aug 2015	₹1,902.0121
11 Aug 2015	₹1,901.6380
10 Aug 2015	₹1,901.2588
9 Aug 2015	₹1,900.8847

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 Liquid Fund - Institutional - Growth is a Liquid 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 Liquid Fund - Institutional - Growth has NAV history starting from 19 Nov 2006, a track record of about 19 years 6 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 Liquid Fund - Institutional - Growth is managed by Religare. It's classified by AMFI under the 'Liquid' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Religare Liquid Fund - Institutional - Growth has delivered a absolute return of 7.73% — +8.35 pp ahead of the Liquid category average of -0.61%. The fund ranks #13 of 100 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Religare Liquid Fund - Institutional - Growth has delivered a CAGR of 7.95% — +9.01 pp ahead of the Liquid category average of -1.06%. The fund ranks #11 of 89 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Religare Liquid Fund - Institutional - Growth has delivered a CAGR of 8.23% — +8.14 pp ahead of the Liquid category average of 0.08%. The fund ranks #7 of 76 in its category — the top (Q1) quartile.

₹1 lakh invested in Religare Liquid Fund - Institutional - Growth exactly 5 years ago would be worth approximately ₹148,479 today — a multiplier of 1.48×, based on the 5-year CAGR of 8.23%. The category average over the same window would have grown ₹1 lakh to ₹100,422.

A ₹10,000 monthly SIP in Religare Liquid Fund - Institutional - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹737,134 today. That's an XIRR (money-weighted annualised return) of 8.16%.

Religare Liquid 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 ₹1,111,762 — XIRR 7.88%.

On a 5-year basis, Religare Liquid Fund - Institutional - Growth ranks #7 out of 76 funds in the Liquid category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 0.08%; this fund delivered 8.23%.

The worst peak-to-trough decline Religare Liquid Fund - Institutional - Growth has experienced over the last 5-year window is 0.23% — its NAV fell from a high on 15 Jul 2013 to a low on 16 Jul 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 Liquid Fund - Institutional - Growth averaged 7.49% (best 8.23%, worst 7.18%). 100% of rolling windows ended positive.

In calendar year 2014, Religare Liquid Fund - Institutional - Growth returned 8.00% — beating the Liquid category average of 2.71% by 5.29 pp. It ranked #11 of 47 in its category that year.

Religare Liquid 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 Liquid 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)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.2%. 5-year CAGR: 8.23%.

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

Religare Liquid Fund - Institutional - Growth

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Recent NAVs

Frequently asked questions

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