I have invested in Reliance Diversified Power Sector Retail Fund–Growth option via SIP mode. The SIPs were from March 2008 to March 2009, which have helped me average the sudden fall in NAV during the market slump in October-November 2008. Should I continue to invest for six more months to further average my investments in this fund. I am looking at investment in this fund for about five years. Being a sector specific fund, can I expect returns of 15 per cent over a five year period?
- Nitin Wali
This article was originally published on June 26, 2009.