ReviewPlan n/a · Option n/aPrefer peers first
Reliance Equity Linked Saving Fund - Series I
- NAV
- 32.082
- 2 Apr 2018
- 1Y
- +10.3%
- Trailing CAGR
- AUM
- ₹38.18 L
- 30 Jun 2018
- Volatility
- High
- 17.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 2 Apr 2018
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Three-year return sits below the 25th percentile of comparable share classes.
Watch if · Maximum drawdown exceeded 35%.
Prefer peers if · Prefer BANK OF INDIA MID CAP TAX FUND SERIES 1 if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
18.6 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 -43.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% 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 / lock-in
Watch
ELSS locks each installment for 3 years. Useful only if 80C is open on the old regime - otherwise locked equity.
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.
Drawdown rehearsal
This scheme’s worst fall on file is about 44%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
ELSS lock-in
Every installment locks for 3 years. Only useful if 80C is still open on the old regime - otherwise it is locked equity, not a tax cut.
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+10.3%
- 3Y+6.0%
- 5Y+15.4%
- 10Y+12.3%
- SI+12.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.0%
- 3Y+11.2%
- 5Y+13.4%
- 10Y+14.0%
- Since inception
- +12.3%
- Calendar-day CAGR
- Excess 1Y
- +12.7%
- Category median, same plan and option
- 3Y win rate
- +0%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- +11.2%
- Simulated monthly SIP
- Worst rolling 3Y
- -2.5%
- 1719 daily-ending windows
- Median rolling 3Y
- +13.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1228 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -43.7%
- Worst peak-to-trough
- Current
- -11.0%
- Below last peak
- Current spell
- 68 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 18 days
- 92 recovered episodes
- Longest recovery
- 380 days
- Trough to prior peak
21 May 2008 – 24 Aug 2009
Trough 9 Mar 2009 · recovered in 168 days
-43.7%
10 Nov 2010 – 28 Sept 2012
Trough 20 Dec 2011 · recovered in 283 days
-31.8%
3 Mar 2015 – 15 Mar 2017
Trough 29 Feb 2016 · recovered in 380 days
-25.0%
7 Jan 2013 – 6 Mar 2014
Trough 6 Aug 2013 · recovered in 212 days
-19.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
100
Consistency
10
Risk-adjusted
46
Drawdown
0
Mean
31
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
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
- AUM fell by 30% or more versus the prior observation.
Supporting reads
No supporting reads in the current evidence set.
No holdings or recent changes on file for this scheme yet.
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BANK OF INDIA MID CAP TAX FUND SERIES 1
Bank of India Mutual Fund
- 1Y
- +3.7%
- 3Y
- +14.6%
- Vol
- 17.3%
- Max DD
- -35.9%
- Sharpe
- 0.49
- 3Y win
- +51%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
BANK OF INDIA MID CAP TAX FUND Series 2
Bank of India Mutual Fund
- 1Y
- -1.1%
- 3Y
- +13.4%
- Vol
- 17.3%
- Max DD
- -34.2%
- Sharpe
- 0.66
- 3Y win
- +35%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
ICICI Prudential Long Term Wealth Enhancement Fund
ICICI Prudential Mutual Fund
- 1Y
- -8.8%
- 3Y
- +12.6%
- Vol
- 17.0%
- Max DD
- -39.5%
- Sharpe
- 0.48
- 3Y win
- +38%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
ICICI Prudential R.I.G.H.T (Rewards of Investing & Generation of Healthy Tax-Savings) Fund
ICICI Prudential Mutual Fund
- 1Y
- -7.0%
- 3Y
- +6.4%
- Vol
- 13.4%
- Max DD
- -23.3%
- Sharpe
- 0.67
- 3Y win
- +95%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
SBI Long Term Advantage Fund - Series IV
SBI Mutual Fund
- 1Y
- -11.2%
- 3Y
- +6.2%
- Vol
- 15.1%
- Max DD
- -34.4%
- Sharpe
- 0.75
- 3Y win
- +64%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns