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AI Fund Dissection
NAV as of 2 Feb 2018 · AMFI publishes T+1
Since inception
18 May 2015
ISIN
—
AI briefing
The Reliance Banking & PSU Debt Fund is a relatively low-risk debt fund that invests in high-quality debt securities of banks and public sector undertakings. It has consistently outperformed the Nifty 50 benchmark, especially in the long term. The fund's performance has been relatively stable, with moderate returns.
The fund's low-volatility profile, high Sharpe and Sortino ratios, and relatively high upside capture suggest a conservative, quality-tilted approach. The fund's low beta and beta-neutral profile indicate a focus on risk management, possibly through diversification or hedging. The strategy appears to be defensive and focused on preservation of capital.
Suits
Not for
News & sentiment
No press coverage found in the last 7 days. Smaller schemes are rarely covered by name — the data sections below are unaffected.
Performance
| Window | Fund | Nifty 50 | Difference |
|---|---|---|---|
| 1M | 0.05% | 132.23% | -132.19% |
| 3M | 0.16% | 132.64% | -132.48% |
| 6M | 1.39% | 140.54% | -139.15% |
| 1YCAGR | 5.00% | 177.64% | -172.65% |
| InceptionCAGR | 8.01% | 47.98% |
SIP simulator
Monthly amount
For how long
Buys units at the actual published NAV on the same date each month, then computes XIRR over the real cash flows. Not a projection — this is what the SIP would have done.
₹5,000/mo × 13 months
XIRR 4.37%After tax
Tax treatment
Debt / slab
Gains taxed at your income-slab rate
Lock-in
None
Open-ended — redeem any day
Illustrative, using FY2025-26 rules on a hypothetical lumpsum at this fund's realised 5-year CAGR — not a projection or tax advice. Debt gains are added to your income and taxed at your slab (shown at 30%); your actual rate may differ. Surcharge and cess are excluded.
Risk profile
Volatility
1.4%
Annualised, daily NAV
Sharpe
1.06
Excess return per unit of risk
Sortino
0.92
Downside risk only
Max drawdown
-1.3%
25 Nov 2016 → 28 Dec 2016
Recovery
26 days
To reclaim the prior peak
Best 1 year
11.6%
Rolling, any start date
Worst 1 year
5.2%
Rolling, any start date
Worst-case entry
The unluckiest possible lumpsum: buy at the peak of , and you'd have watched it fall and waited just to break even. A monthly SIP would have softened this by buying through the fall; this is the lumpsum-at-the-top case.
Vs Nifty 50
Beta
0.01
Moves less than the index
Alpha
+1.27%
Annualised, risk-adjusted
Correlation
0.06
1.0 = moves in lockstep
Upside capture
6%
Of index gains captured
Downside capture
-4%
Of index falls absorbed
Capture below 100% on the downside and above it on the upside is the pattern investors pay for. Alpha assumes a 6.5% risk-free rate. Measured against the Nifty 50— the category-appropriate index, though not necessarily this fund's exact stated benchmark.
Cost of advice
| Window | Direct | Regular | Drag |
|---|---|---|---|
| 1Y | 93.95% | 5.00% | 88.95% |
₹10,00,000 held 1 years
Both plans hold the identical portfolio, so the gap between their NAVs is the commission — measured here from the published NAV series, not quoted from a TER sheet. Compared against scheme 134552. Distributors provide advice for that fee; whether it's worth it is your call.
Category
| Fund | 1Y | 3Y | 5Y | Volatility |
|---|---|---|---|---|
| Kotak Mahindra | 5.4% | 7.2% | 6.3% | 1.8% |
| UTI | 5.5% | 7.1% | 7.4% | 3.1% |
| HDFC | 4.9% | 7.0% | 6.0% | 1.6% |
| Nippon India | 4.8% | 6.9% |
Category rank
5-year return
—Not enough peers to rank.
Calm (low volatility)
1.4% vol59th percentile
Steadier than 59% of its category.
Ranked against 20 same-category Direct-Growth schemes (the largest AMCs in Banking and PSU Fund by scheme count). A high return percentile with a high calm percentile is the rare combination — most funds trade one for the other. Percentile is of this sample, not the whole category.
Both sides
What the numbers support
What they warn about
Not shown, and why
Portfolio holdings, sector allocation, AUM, expense ratio and the fund manager are absent because no free machine-readable feed publishes them — SEBI mandates monthly disclosure, but each AMC posts its own spreadsheet. Rather than estimate them, this page shows only what AMFI's published NAV series can prove. The cost section derives the expense difference from Direct vs Regular NAVs instead.
NAV as of 2 Feb 2018 · AMFI publishes T+1 · Educational only, not investment advice.
Sensai publishes educational market commentary, not investment advice. We are not SEBI-registered investment advisers or research analysts, and nothing here is a recommendation to buy, sell, or hold any security.
Live prices, index levels, and other market data are pulled from third-party feeds, may be delayed, and can be inaccurate or unavailable. Do not rely on them for trading decisions.
Investing in equities carries risk, including the loss of principal. Always do your own research and consider consulting a SEBI-registered adviser before making any investment decision.
AI interpretation of the computed statistics on this page — educational, not advice. It has no access to portfolio holdings and is instructed not to guess at them.
| -39.97% |
Compared against the Nifty 50, the category-appropriate index — a small-cap fund judged against the large-cap Nifty 50 would look better than it is. Windows under 1 year are absolute; 1 year and beyond are annualised (CAGR). Only windows the fund has actually lived through are shown. Past performance does not indicate future returns.
Sharpe and Sortino assume a 6.5% risk-free rate (~Indian 1-year T-bill).
| 6.0% |
| 1.7% |
| Reliancethis fund | 5.0% | — | — | 1.4% |
Same category (Debt Scheme - Banking and PSU Fund), same plan type, sorted by 3-year CAGR. Peers are the largest AMCs in the category by scheme count — a size proxy, since scheme-level AUM isn't published in a machine-readable feed.