MF Gyan
otherLow risk13 years oldCooling recently (last 6m ≈ -6% p.a.)

Reliance Fixed Horizon Fund - XXIV - Series 2 - 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 1 Aug 2013.

Latest price per unit
₹15.785
▼ 1.77% today
As of 16 Sep 2019 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.01 L
▲ ₹1.3k gain · 1.3% / year
Invested 3 years ago
₹1.18 L
▲ ₹18.4k gain · 5.8% / year
Invested 5 years ago
₹1.40 L
▲ ₹40.0k gain · 7.0% / 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₹1.80 L
Value today₹1.90 L
Gain / loss+₹10.1k
XIRR (annualised)3.67%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.91 L
Projected gain*+₹10.6k
*at this fund's historical rate of 3.67% 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 IDF

Same plan
1-year return
1.31%median 3.33% (-2.02%)
Rank #213 of 501Beats 48% of peers
3-year return
5.80%median 4.02% (+1.78%)
Rank #138 of 501Beats 51% of peers
5-year return
6.96%median 4.41% (+2.55%)
Rank #6 of 501Beats 88% of peers
Bumpiness (3Y)
3.35%median 3.16% (+0.19%)
Rank #225 of 501Less risky than 50% of peers
Worst-ever drop
-5.02%median -2.36% (-2.67%)
Rank #169 of 501Less risky than 63% 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. 6 of last 7 years were positive.

+5%
2013
+11%
2014
+8%
2015
+8%
2016
+8%
2017
+8%
2018
-1%
2019
Best year
2014 · 11.13%
Worst year
2019 · -1.38%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
3.3%

The value swings roughly 3% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-5.02%

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 - XXIV - Series 2 - Direct Plan - Growth Option against other other funds.

Technical details (for the pros)
CAGR — 1 year1.31%
CAGR — 3 years5.80%
CAGR — 5 years6.96%
CAGR — since launch7.73%
Volatility — 1 year (annualised)5.66%
Volatility — 3 years (annualised)3.35%
Max drawdown — 1 year-5.02%
Max drawdown — 3 years-5.02%
Sharpe ratio — 1 year (rf=6%)-0.83
Sharpe ratio — 3 years (rf=6%)-0.04

Fund info

Fund house
Reliance Mutual Fund
Category
IDF
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
122902
First price on record
1 Aug 2013 · 1,472 daily prices

About Reliance Fixed Horizon Fund - XXIV - Series 2 - Direct Plan - Growth Option

Reliance Fixed Horizon Fund - XXIV - Series 2 - Direct Plan - Growth Option is a IDF offered by Reliance Mutual Fund under the Direct plan with the Growth option. It has approximately 13 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 - XXIV - Series 2 - Direct Plan - Growth Option is ₹15.7850 (as of 16 Sep 2019). Historically, it has delivered 1.32% over the last year, 5.80% CAGR over 3 years, 6.96% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 3.3% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 5.0%. 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 - XXIV - Series 2 - Direct Plan - Growth Option?+

The latest NAV of Reliance Fixed Horizon Fund - XXIV - Series 2 - Direct Plan - Growth Option is ₹15.7850 as of 16 Sep 2019, down 1.77% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Reliance Fixed Horizon Fund - XXIV - Series 2 - Direct Plan - Growth Option?+

Reliance Fixed Horizon Fund - XXIV - Series 2 - Direct Plan - Growth Option has delivered 1-year return 1.32%, 3-year CAGR 5.80%, 5-year CAGR 6.96%, since-inception CAGR 7.73%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Reliance Fixed Horizon Fund - XXIV - Series 2 - Direct Plan - Growth Option belong to?+

Reliance Fixed Horizon Fund - XXIV - Series 2 - Direct Plan - Growth Option is categorised as IDF. A specialised fund. Check the scheme details for what it invests in.

How risky is Reliance Fixed Horizon Fund - XXIV - Series 2 - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 3.3%, Reliance Fixed Horizon Fund - XXIV - Series 2 - 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 - XXIV - Series 2 - Direct Plan - Growth Option a direct plan?+

Reliance Fixed Horizon Fund - XXIV - Series 2 - 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 - XXIV - Series 2 - Direct Plan - Growth Option?+

Reliance Fixed Horizon Fund - XXIV - Series 2 - Direct Plan - Growth Option has NAV history available from 1 Aug 2013 — approximately 13 years of track record and 1,472 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.