diff --git a/actionpack/lib/action_view/render/partials.rb b/actionpack/lib/action_view/render/partials.rb
index 00b12ad3a9a5893e707994fb9a8f34ff86f0c03a..04edb9ab44fc35cb2a5a6ede74f3068b5e312872 100644
--- a/actionpack/lib/action_view/render/partials.rb
+++ b/actionpack/lib/action_view/render/partials.rb
@@ -205,11 +205,22 @@ def setup(options, block)
       end
 
       def render
+        options = @options
+
         if @collection = collection
-          render_collection
+          ActiveSupport::Notifications.instrument(:render_collection, :path => @path,
+                                                  :count => @collection.size) do
+            render_collection
+          end
         else
-          @template = template = find_template
-          render_template(template, @object || @locals[template.variable_name])
+          content = ActiveSupport::Notifications.instrument(:render_partial, :path => @path) do
+            render_partial
+          end
+
+          if !@block && options[:layout]
+            content = @view._render_layout(find_template(options[:layout]), @locals){ content }
+          end
+          content
         end
       end
 
@@ -227,9 +238,7 @@ def render_collection
       end
 
       def collection_with_template(template)
-        options = @options
-
-        segments, locals, as = [], @locals, options[:as] || template.variable_name
+        segments, locals, as = [], @locals, @options[:as] || template.variable_name
 
         counter_name  = template.counter_name
         locals[counter_name] = -1
@@ -246,9 +255,7 @@ def collection_with_template(template)
       end
 
       def collection_without_template
-        options = @options
-
-        segments, locals, as = [], @locals, options[:as]
+        segments, locals, as = [], @locals, @options[:as]
         index, template = -1, nil
 
         @collection.each do |object|
@@ -263,18 +270,15 @@ def collection_without_template
         segments
       end
 
-      def render_template(template, object = @object)
-        options, locals, view = @options, @locals, @view
-        locals[options[:as] || template.variable_name] = object
+      def render_partial(object = @object)
+        @template = template = find_template
+        locals, view = @locals, @view
 
-        content = template.render(view, locals) do |*name|
-          @view._layout_for(*name, &@block)
-        end
+        object ||= locals[template.variable_name]
+        locals[@options[:as] || template.variable_name] = object
 
-        if @block || !options[:layout]
-          content
-        else
-          @view._render_layout(find_template(options[:layout]), @locals){ content }
+        template.render(view, locals) do |*name|
+          view._layout_for(*name, &@block)
         end
       end
 
diff --git a/actionpack/lib/action_view/render/rendering.rb b/actionpack/lib/action_view/render/rendering.rb
index c4033fad9eac1c2f1e2e61ded4212606e0475f21..5e7dd3e2df46d6c23cfc25fabb5ccb57ab0eb3f2 100644
--- a/actionpack/lib/action_view/render/rendering.rb
+++ b/actionpack/lib/action_view/render/rendering.rb
@@ -77,16 +77,19 @@ def _layout_for(name = nil, &block)
     end
 
     def _render_inline(inline, layout, options)
-      handler  = Template.handler_class_for_extension(options[:type] || "erb")
-      template = Template.new(options[:inline], "inline template", handler, {})
+      locals = options[:locals]
 
-      locals  = options[:locals]
-      content = template.render(self, locals)
+      content = ActiveSupport::Notifications.instrument(:render_inline) do
+        handler  = Template.handler_class_for_extension(options[:type] || "erb")
+        template = Template.new(options[:inline], "inline template", handler, {})
+        template.render(self, locals)
+      end
 
       _render_text(content, layout, locals)
     end
 
     def _render_text(content, layout, locals)
+      ActiveSupport::Notifications.instrument(:render_text)
       content = _render_layout(layout, locals){ content } if layout
       content
     end
@@ -110,8 +113,13 @@ def _render_template(template, layout = nil, options = {}, partial = nil)
         msg
       end
 
-      locals  = options[:locals] || {}
-      content = partial ? _render_partial_object(template, options) : template.render(self, locals)
+      locals = options[:locals] || {}
+
+      content = ActiveSupport::Notifications.instrument(:render_template,
+                :identifier => template.identifier, :layout => (layout ? layout.identifier : nil)) do
+        partial ? _render_partial_object(template, options) : template.render(self, locals)
+      end
+
       @_content_for[:layout] = content
 
       if layout
@@ -124,7 +132,9 @@ def _render_template(template, layout = nil, options = {}, partial = nil)
     end
 
     def _render_layout(layout, locals, &block)
-      layout.render(self, locals){ |*name| _layout_for(*name, &block) }
+      ActiveSupport::Notifications.instrument(:render_layout, :identifier => layout.identifier) do
+        layout.render(self, locals){ |*name| _layout_for(*name, &block) }
+      end
     end
   end
 end
diff --git a/actionpack/lib/action_view/template.rb b/actionpack/lib/action_view/template.rb
index d46c989d1164893c47ff6328b2ee82586abd2109..adaf6544a7b2804b24f73d80ca24021e4f532ff4 100644
--- a/actionpack/lib/action_view/template.rb
+++ b/actionpack/lib/action_view/template.rb
@@ -36,10 +36,8 @@ def initialize(source, identifier, handler, details)
     end
 
     def render(view, locals, &block)
-      ActiveSupport::Notifications.instrument(:render_template, :identifier => identifier) do
-        method_name = compile(locals, view)
-        view.send(method_name, locals, &block)
-      end
+      method_name = compile(locals, view)
+      view.send(method_name, locals, &block)
     rescue Exception => e
       if e.is_a?(Template::Error)
         e.sub_template_of(self)