Should I buy units of Reliance Growth as of now?
Reliance Growth is a good fund. Invest in it regularly, but do not invest a lump sum at one go. Also, always invest for the long term.
The fund is quite old, being among the fund house’s first funds, but it came to prominence in 2002 and 2003 along with Reliance Vision.
While Reliance Growth has received a 4-star rating from Value Research, Reliance Vision has a 3-star status.
The asset management company used this success by the two funds to gain investors confidence and build up the Reliance brand. The fund house is known for its aggressive distribution, marketing and brand management strategies.