…

ReviewPlan n/a · Option n/aPrefer peers first

Reliance Close Ended Equity Fund - Series B

Nippon India Mutual Fund Close Ended Schemes(Growth12.8 years

NAV: 12.2564; 1 Jan 2019
1Y: -32.2%; Trailing CAGR
AUM: ₹61.7 L; 31 Dec 2018
Volatility: High; 18.9% annualized

NAV path pending

Buying brief

Should you add this fund?

Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.

As of 1 Jan 2019

Stance

Prefer peers first

The live read flags issues. Inspect same-category alternatives before buying.

In three lines

Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer ICICI Prudential Fund - Series 6 if you want a same-category peer with stronger evidence.

Buy checklist

History depth
Pass
12.8 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Watch
Peak-to-trough -38.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
38% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
n/a
Holdings weights not on file for this scheme yet.

Browse category

Same-category peers are preloaded into compare when available.

Before you buy or SIP

Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.

SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.

NAV

Path not in current snapshots

n/a

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y-32.2%
3Y-8.6%
5Yn/a
10Yn/a
SI+4.1%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-15.7%
3Y-9.6%
5Y-5.4%
10Yn/a

Since inception: +4.1%; Calendar-day CAGR
Excess 1Y: -42.1%; Category median, same plan and option
3Y win rate: +38%; Windows beating the median
3Y percentile: 2; Vs comparable share classes
SIP 3Y XIRR: -9.6%; Simulated monthly SIP
Worst rolling 3Y: -9.0%; 488 daily-ending windows
Median rolling 3Y: +0.5%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows

Drawdown

Peak to trough from a running NAV high, with the path and recovery episodes.

Max drawdown: -38.7%; Worst peak-to-trough
Current: -33.4%; Below last peak
Current spell: 358 days; Days below latest peak
Time below peak: +93%; NAV observations

Drawdown

Path not in current snapshots

n/a

Average recovery: 28 days; 27 recovered episodes
Longest recovery: 616 days; Trough to prior peak

8 Jan 2018 – open
Trough 9 Oct 2018 · not recovered
-38.7%
4 Dec 2014 – 6 Nov 2017
Trough 29 Feb 2016 · recovered in 616 days
-32.8%
7 Jul 2014 – 14 Aug 2014
Trough 11 Jul 2014 · recovered in 34 days
-5.2%
11 Sept 2014 – 31 Oct 2014
Trough 16 Oct 2014 · recovered in 15 days
-4.7%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
2
Vs category
0
Consistency
27
Risk-adjusted
25
Drawdown
3
Mean
12

Decision

Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.

Review

Buying stance

Prefer peers first

The live read flags issues. Inspect same-category alternatives before buying.

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

No supporting reads in the current evidence set.

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
1 Jan 2019

Worth investigating

Same-category peers with enough history to inspect beside this fund - including tradeoffs.

All funds

ReviewPlan n/a · Option n/aPrefer peers first

Reliance Close Ended Equity Fund - Series B

Nippon India Mutual Fund Close Ended Schemes(Growth12.8 years

NAV: 12.2564; 1 Jan 2019
1Y: -32.2%; Trailing CAGR
AUM: ₹61.7 L; 31 Dec 2018
Volatility: High; 18.9% annualized

Jan 2017 – Jan 2019

All funds

ReviewPlan n/a · Option n/aPrefer peers first

Reliance Close Ended Equity Fund - Series B

Nippon India Mutual Fund Close Ended Schemes(Growth12.8 years

NAV: 12.2564; 1 Jan 2019
1Y: -32.2%; Trailing CAGR
AUM: ₹61.7 L; 31 Dec 2018
Volatility: High; 18.9% annualized

NAV path pending

Buying brief

Should you add this fund?

Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.

As of 1 Jan 2019

Stance

Prefer peers first

The live read flags issues. Inspect same-category alternatives before buying.

In three lines

Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer ICICI Prudential Fund - Series 6 if you want a same-category peer with stronger evidence.

Buy checklist

History depth
Pass
12.8 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Watch
Peak-to-trough -38.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
38% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
n/a
Holdings weights not on file for this scheme yet.

Browse category

Same-category peers are preloaded into compare when available.

Before you buy or SIP

Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.

SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.

NAV

1 Jan 2019 · -32.1% over 1Y

12.2564

Jan 201811.2771 – 18.3947Jan 2019

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y-32.2%
3Y-8.6%
5Yn/a
10Yn/a
SI+4.1%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-15.7%
3Y-9.6%
5Y-5.4%
10Yn/a

Since inception: +4.1%; Calendar-day CAGR
Excess 1Y: -42.1%; Category median, same plan and option
3Y win rate: +38%; Windows beating the median
3Y percentile: 2; Vs comparable share classes
SIP 3Y XIRR: -9.6%; Simulated monthly SIP
Worst rolling 3Y: -9.0%; 488 daily-ending windows
Median rolling 3Y: +0.5%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows

Drawdown

Peak to trough from a running NAV high, with the path and recovery episodes.

Max drawdown: -38.7%; Worst peak-to-trough
Current: -33.4%; Below last peak
Current spell: 358 days; Days below latest peak
Time below peak: +93%; NAV observations

Drawdown

1 Jan 2019

-33.4%

Jan 2014-38.7% – 0.0%Jan 2019

Average recovery: 28 days; 27 recovered episodes
Longest recovery: 616 days; Trough to prior peak

8 Jan 2018 – open
Trough 9 Oct 2018 · not recovered
-38.7%
4 Dec 2014 – 6 Nov 2017
Trough 29 Feb 2016 · recovered in 616 days
-32.8%
7 Jul 2014 – 14 Aug 2014
Trough 11 Jul 2014 · recovered in 34 days
-5.2%
11 Sept 2014 – 31 Oct 2014
Trough 16 Oct 2014 · recovered in 15 days
-4.7%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
2
Vs category
0
Consistency
27
Risk-adjusted
25
Drawdown
3
Mean
12

Decision

Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.

Review

Buying stance

Prefer peers first

The live read flags issues. Inspect same-category alternatives before buying.

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

No supporting reads in the current evidence set.

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
1 Jan 2019

Buying brief

Should you add this fund?

Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.

As of 1 Jan 2019

Stance

Prefer peers first

The live read flags issues. Inspect same-category alternatives before buying.

In three lines

Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer ICICI Prudential Fund - Series 6 if you want a same-category peer with stronger evidence.

Buy checklist

History depth
Pass
12.8 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Watch
Peak-to-trough -38.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
38% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
n/a
Holdings weights not on file for this scheme yet.

Browse category

Same-category peers are preloaded into compare when available.

Before you buy or SIP

Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.

SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.

NAV

Path not in current snapshots

n/a

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y-32.2%
3Y-8.6%
5Yn/a
10Yn/a
SI+4.1%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-15.7%
3Y-9.6%
5Y-5.4%
10Yn/a

Since inception: +4.1%; Calendar-day CAGR
Excess 1Y: -42.1%; Category median, same plan and option
3Y win rate: +38%; Windows beating the median
3Y percentile: 2; Vs comparable share classes
SIP 3Y XIRR: -9.6%; Simulated monthly SIP
Worst rolling 3Y: -9.0%; 488 daily-ending windows
Median rolling 3Y: +0.5%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows

Drawdown

Peak to trough from a running NAV high, with the path and recovery episodes.

Max drawdown: -38.7%; Worst peak-to-trough
Current: -33.4%; Below last peak
Current spell: 358 days; Days below latest peak
Time below peak: +93%; NAV observations

Drawdown

Path not in current snapshots

n/a

Average recovery: 28 days; 27 recovered episodes
Longest recovery: 616 days; Trough to prior peak

8 Jan 2018 – open
Trough 9 Oct 2018 · not recovered
-38.7%
4 Dec 2014 – 6 Nov 2017
Trough 29 Feb 2016 · recovered in 616 days
-32.8%
7 Jul 2014 – 14 Aug 2014
Trough 11 Jul 2014 · recovered in 34 days
-5.2%
11 Sept 2014 – 31 Oct 2014
Trough 16 Oct 2014 · recovered in 15 days
-4.7%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
2
Vs category
0
Consistency
27
Risk-adjusted
25
Drawdown
3
Mean
12

Decision

Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.

Review

Buying stance

Prefer peers first

The live read flags issues. Inspect same-category alternatives before buying.

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

No supporting reads in the current evidence set.

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
1 Jan 2019

Worth investigating

Same-category peers with enough history to inspect beside this fund - including tradeoffs.

Buying brief

Should you add this fund?

Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.

As of 1 Jan 2019

Stance

Prefer peers first

The live read flags issues. Inspect same-category alternatives before buying.

In three lines

Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Prefer peers if · Prefer ICICI Prudential Fund - Series 6 if you want a same-category peer with stronger evidence.

Buy checklist

History depth
Pass
12.8 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Watch
Peak-to-trough -38.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
38% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
n/a
Holdings weights not on file for this scheme yet.

Browse category

Same-category peers are preloaded into compare when available.

Before you buy or SIP

Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.

SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.

NAV

1 Jan 2019 · -32.1% over 1Y

12.2564

Jan 201811.2771 – 18.3947Jan 2019

Returns

Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.

Trailing CAGR

Point-to-point, calendar-day annualized

1Y-32.2%
3Y-8.6%
5Yn/a
10Yn/a
SI+4.1%

SIP XIRR

Equal monthly instalments to latest NAV

1Y-15.7%
3Y-9.6%
5Y-5.4%
10Yn/a

Since inception: +4.1%; Calendar-day CAGR
Excess 1Y: -42.1%; Category median, same plan and option
3Y win rate: +38%; Windows beating the median
3Y percentile: 2; Vs comparable share classes
SIP 3Y XIRR: -9.6%; Simulated monthly SIP
Worst rolling 3Y: -9.0%; 488 daily-ending windows
Median rolling 3Y: +0.5%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows

Drawdown

Peak to trough from a running NAV high, with the path and recovery episodes.

Max drawdown: -38.7%; Worst peak-to-trough
Current: -33.4%; Below last peak
Current spell: 358 days; Days below latest peak
Time below peak: +93%; NAV observations

Drawdown

1 Jan 2019

-33.4%

Jan 2014-38.7% – 0.0%Jan 2019

Average recovery: 28 days; 27 recovered episodes
Longest recovery: 616 days; Trough to prior peak

8 Jan 2018 – open
Trough 9 Oct 2018 · not recovered
-38.7%
4 Dec 2014 – 6 Nov 2017
Trough 29 Feb 2016 · recovered in 616 days
-32.8%
7 Jul 2014 – 14 Aug 2014
Trough 11 Jul 2014 · recovered in 34 days
-5.2%
11 Sept 2014 – 31 Oct 2014
Trough 16 Oct 2014 · recovered in 15 days
-4.7%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
2
Vs category
0
Consistency
27
Risk-adjusted
25
Drawdown
3
Mean
12

Decision

Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.

Review

Buying stance

Prefer peers first

The live read flags issues. Inspect same-category alternatives before buying.

Why this status

Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
Three-year return sits below the 25th percentile of comparable share classes.
Maximum drawdown exceeded 35%.

Supporting reads

No supporting reads in the current evidence set.

What changed

PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
1 Jan 2019