Should I invest in Religare Ultra Short Term Fund - Regular - Bonus?

We don't give personal investment advice. Religare Ultra Short Term Fund - Regular - Bonus 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: 0.7%. 5-year CAGR: 7.82%.

Religare

Religare Ultra Short Term Fund - Regular - Bonus

Unit split applied to historical metrics

This scheme had a 100× unit consolidation on 28 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).

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	+0.04%	-14.54%	+14.58	29 / 373	Q1
1W	+0.16%	-15.89%	+16.05	51 / 369	Q1
2W	+0.29%	-15.78%	+16.08	45 / 371	Q1
1M	+0.59%	-16.05%	+16.64	53 / 373	Q1
3M	+1.46%	-17.27%	+18.73	81 / 366	Q1
6M	+3.04%	-30.18%	+33.22	90 / 393	Q1
YTD	+1.64%	-32.85%	+34.49	108 / 414	Q2
1Y	+7.40%	-15.79%	+23.19	75 / 309	Q1
2Y	+7.68%	-13.41%	+21.09	29 / 142	Q1
3Y	+7.74%	-6.89%	+14.63	18 / 95	Q1
4Y	+7.75%	+2.81%	+4.93	15 / 84	Q1
5Y	+7.82%	+2.94%	+4.89	13 / 76	Q1
7Y	+7.81%	+2.77%	+5.04	7 / 67	Q1
10Y	+7.36%	+2.81%	+4.55	5 / 38	Q1
Inception	—	—	—	—	—

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
2017 YTD	+1.64%	+2.12%	-0.48	14 / 30
2016	+8.01%	+3.89%	+4.12	11 / 45
2015	+7.82%	+2.84%	+4.98	2 / 66
2014	+8.01%	+4.08%	+3.94	22 / 76
2013	+7.48%	+2.34%	+5.14	20 / 76
2012	+8.44%	+3.72%	+4.72	19 / 78
2011	+8.69%	+3.23%	+5.46	12 / 66
2010	+5.36%	-11.73%	+17.09	4 / 132
2009	+4.97%	-33.69%	+38.66	52 / 316
2008	+8.88%	-14.40%	+23.28	24 / 119
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

+7.52%

110 windows

min 4.0% · max 9.2%

100% positive

3-Year rolling

+7.46%

85 windows

min 6.3% · max 8.4%

100% positive

5-Year rolling

+7.56%

61 windows

min 6.7% · max 8.2%

100% positive

7-Year rolling

+7.45%

37 windows

min 7.2% · max 7.8%

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

0.45%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.23%

Dec 2016 → Dec 2016

% 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
13 Apr 2017	₹2,035.6443
12 Apr 2017	₹2,034.7355
11 Apr 2017	₹2,034.2843
10 Apr 2017	₹2,033.5905
7 Apr 2017	₹2,032.4676
6 Apr 2017	₹2,032.4260
5 Apr 2017	₹2,032.6781
3 Apr 2017	₹2,032.3117
31 Mar 2017	₹2,030.7162
30 Mar 2017	₹2,029.6960

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 Ultra Short Term Fund - Regular - Bonus is a Income 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 Ultra Short Term Fund - Regular - Bonus has NAV history starting from 22 Jan 2007, a track record of about 19 years 4 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 Ultra Short Term Fund - Regular - Bonus 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 Ultra Short Term Fund - Regular - Bonus has delivered a absolute return of 7.40% — +23.19 pp ahead of the Income category average of -15.79%. The fund ranks #75 of 309 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Religare Ultra Short Term Fund - Regular - Bonus has delivered a CAGR of 7.74% — +14.63 pp ahead of the Income category average of -6.89%. The fund ranks #18 of 95 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Religare Ultra Short Term Fund - Regular - Bonus has delivered a CAGR of 7.82% — +4.89 pp ahead of the Income category average of 2.94%. The fund ranks #13 of 76 in its category — the top (Q1) quartile.

₹1 lakh invested in Religare Ultra Short Term Fund - Regular - Bonus exactly 10 years ago would be worth approximately ₹203,353 today — a multiplier of 2.03×, based on the 10-year CAGR of 7.36%. The category average over the same window would have grown ₹1 lakh to ₹131,897.

A ₹10,000 monthly SIP in Religare Ultra Short Term Fund - Regular - Bonus over the last 5 years — total invested ₹600,000 — would be worth ₹729,440 today. That's an XIRR (money-weighted annualised return) of 7.74%.

A ₹10,000 monthly SIP for 10 years in Religare Ultra Short Term Fund - Regular - Bonus = ₹1,180,000 invested. It would currently be worth ₹1,737,773 (multiplier 1.47×). XIRR: 7.64%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Religare Ultra Short Term Fund - Regular - Bonus ranks #13 out of 76 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.94%; this fund delivered 7.82%.

The worst peak-to-trough decline Religare Ultra Short Term Fund - Regular - Bonus has experienced over the last 5-year window is 0.68% — its NAV fell from a high on 15 Jul 2013 to a low on 24 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 Ultra Short Term Fund - Regular - Bonus averaged 7.56% (best 8.16%, worst 6.71%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 1.66 — strong risk-adjusted performance.

In calendar year 2016, Religare Ultra Short Term Fund - Regular - Bonus returned 8.01% — beating the Income category average of 3.89% by 4.12 pp. It ranked #11 of 45 in its category that year.

Religare Ultra Short Term Fund - Regular - Bonus 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 Ultra Short Term Fund - Regular - Bonus 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: 0.7%. 5-year CAGR: 7.82%.

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

Religare Ultra Short Term Fund - Regular - Bonus

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Recent NAVs

Frequently asked questions

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