MF Gyan
otherLow risk14 years old

Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option

A specialised fund. Check the scheme details for what it invests in. From Reliance Mutual Fund. It's been running since 2 Apr 2013.

Latest price per unit
₹10.8951
▲ 0.02% today
As of 3 Apr 2014 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.09 L
▲ ₹8.6k gain · 8.6% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹60.0k
Value today₹62.5k
Gain / loss+₹2.5k
XIRR (annualised)9.18%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹63.1k
Projected gain*+₹3.1k
*at this fund's historical rate of 9.18% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Income

Same plan
1-year return
8.60%median 4.49% (+4.12%)
Rank #116 of 501Beats 73% of peers
Bumpiness (3Y)
1.54%median 5.00% (-3.45%)
Rank #123 of 501Less risky than 75% of peers
Worst-ever drop
-1.36%median -6.85% (+5.49%)
Rank #372 of 501Less risky than 26% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 2 of last 2 years were positive.

+6%
2013
+2%
2014
Best year
2013 · 6.31%
Worst year
2014 · 2.13%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.5%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-1.36%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option against other other funds.

Technical details (for the pros)
CAGR — 1 year8.60%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch8.60%
Volatility — 1 year (annualised)1.55%
Volatility — 3 years (annualised)1.54%
Max drawdown — 1 year-1.36%
Max drawdown — 3 years-1.36%
Sharpe ratio — 1 year (rf=6%)1.67
Sharpe ratio — 3 years (rf=6%)1.66

Fund info

Fund house
Reliance Mutual Fund
Category
Income
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
121929
First price on record
2 Apr 2013 · 244 daily prices

About Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option

Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option is a Income offered by Reliance Mutual Fund under the Direct plan with the Growth option. It has approximately 14 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option is ₹10.8951 (as of 3 Apr 2014). Historically, it has delivered 8.60% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.5% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 1.4%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option?+

The latest NAV of Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option is ₹10.8951 as of 3 Apr 2014, up 0.02% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option?+

Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option has delivered 1-year return 8.60%, since-inception CAGR 8.60%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option belong to?+

Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 1.5%, Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option a direct plan?+

Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option?+

Reliance Fixed Horizon Fund - XXIII - Series 9 - Direct Plan - Growth Option has NAV history available from 2 Apr 2013 — approximately 14 years of track record and 244 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.