Should I invest in Religare Short Term Plan - Institutional - Daily Dividend?

We don't give personal investment advice. Religare Short Term Plan - Institutional - Daily 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+ 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: 1.0%. 5-year CAGR: 0.10%.

Religare

Religare Short Term Plan - Institutional - Daily 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).

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%	+6.99%	-6.99	218 / 763	Q2
1W	-0.08%	+6.38%	-6.46	306 / 722	Q2
2W	-0.17%	+6.63%	-6.80	329 / 725	Q2
1M	-0.16%	+6.29%	-6.45	383 / 752	Q3
3M	+0.62%	+7.87%	-7.24	326 / 728	Q2
6M	-0.17%	+9.67%	-9.85	472 / 642	Q3
YTD	-0.01%	+8.47%	-8.48	425 / 666	Q3
1Y	-0.17%	+13.70%	-13.87	450 / 591	Q4
2Y	-0.07%	-5.03%	+4.96	152 / 197	Q4
3Y	-0.04%	-3.09%	+3.05	105 / 140	Q3
4Y	-0.04%	+1.62%	-1.66	95 / 119	Q4
5Y	+0.10%	-0.16%	+0.26	57 / 102	Q3
7Y	-0.02%	+2.05%	-2.07	55 / 64	Q4
10Y	+0.28%	+1.80%	-1.52	10 / 17	Q3
Inception	+0.26%	-3.28%	+3.54	387 / 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
2018 YTD	-0.01%	+1.72%	-1.73	14 / 15
2017	+0.39%	+0.74%	-0.35	10 / 23
2016	-0.81%	+195.67%	-196.48	37 / 38
2015	+0.00%	+2.23%	-2.23	46 / 65
2014	+0.00%	+2.77%	-2.77	65 / 82
2013	+0.00%	+1.77%	-1.77	80 / 101
2012	+0.00%	-0.30%	+0.30	81 / 113
2011	+2.20%	+1.75%	+0.45	40 / 109
2010	+0.41%	-0.95%	+1.36	82 / 165
2009	+0.39%	-0.31%	+0.70	259 / 482
2008	-0.92%	-5.54%	+4.62	195 / 250

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

+0.23%

128 windows

min -1.3% · max 2.8%

45% positive

3-Year rolling

+0.29%

104 windows

min -0.3% · max 1.0%

60% positive

5-Year rolling

+0.29%

79 windows

min -0.2% · max 0.6%

68% positive

7-Year rolling

+0.30%

55 windows

min -0.1% · max 0.4%

91% 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

0.91%

3-year · annualised

Sharpe ratio

-7.21

vs risk-free 6.5%

Sortino ratio

-11.22

Downside-only deviation

Max drawdown

-1.04%

Jun 2017 → May 2018

% positive months

27.8%

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
11 Sep 2018	₹1,030.0000
10 Sep 2018	₹1,030.0000
7 Sep 2018	₹1,030.6017
6 Sep 2018	₹1,030.2308
5 Sep 2018	₹1,030.0411
4 Sep 2018	₹1,030.8355
3 Sep 2018	₹1,031.8000
31 Aug 2018	₹1,031.5306
30 Aug 2018	₹1,031.5856
29 Aug 2018	₹1,031.8000

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 Short Term Plan - Institutional - Daily Dividend 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 Short Term Plan - Institutional - Daily Dividend has NAV history starting from 26 Mar 2007, a track record of about 19 years 2 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 Short Term Plan - Institutional - Daily Dividend 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 Short Term Plan - Institutional - Daily Dividend has delivered a absolute return of -0.17% — -13.87 pp behind the Income category average of 13.70%. The fund ranks #450 of 591 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Religare Short Term Plan - Institutional - Daily Dividend has delivered a CAGR of -0.04% — +3.05 pp ahead of the Income category average of -3.09%. The fund ranks #105 of 140 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Religare Short Term Plan - Institutional - Daily Dividend has delivered a CAGR of 0.10% — +0.26 pp ahead of the Income category average of -0.16%. The fund ranks #57 of 102 in its category — the third (Q3) quartile.

₹1 lakh invested in Religare Short Term Plan - Institutional - Daily Dividend exactly 10 years ago would be worth approximately ₹102,838 today — a multiplier of 1.03×, based on the 10-year CAGR of 0.28%. The category average over the same window would have grown ₹1 lakh to ₹119,538.

A ₹10,000 monthly SIP in Religare Short Term Plan - Institutional - Daily Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹599,724 today. That's an XIRR (money-weighted annualised return) of -0.02%.

A ₹10,000 monthly SIP for 10 years in Religare Short Term Plan - Institutional - Daily Dividend = ₹1,200,000 invested. It would currently be worth ₹1,206,683 (multiplier 1.01×). XIRR: 0.11%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Religare Short Term Plan - Institutional - Daily Dividend ranks #57 out of 102 funds in the Income category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -0.16%; this fund delivered 0.10%.

The worst peak-to-trough decline Religare Short Term Plan - Institutional - Daily Dividend has experienced over the last 5-year window is 1.04% — its NAV fell from a high on 23 Jun 2017 to a low on 17 May 2018. 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 Short Term Plan - Institutional - Daily Dividend averaged 0.29% (best 0.60%, worst -0.18%). 68% of rolling windows ended positive. The 5-year Sharpe ratio is -7.72 — negative risk-adjusted performance.

In calendar year 2017, Religare Short Term Plan - Institutional - Daily Dividend returned 0.39% — lagging the Income category average of 0.74% by 0.35 pp. It ranked #10 of 23 in its category that year.

Religare Short Term Plan - Institutional - Daily 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 Short Term Plan - Institutional - Daily 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: 1.0%. 5-year CAGR: 0.10%.

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