Reliance Growth seems to be losing steam. It has dropped to 3 stars. Should I stop my SIPs in this and divert the investment to other scheme such as Reliance Equity Opportunities?
- Govind Kaveri
Reliance Growth is a mid- and small-cap fund which has been losing steam since 2008 when it started to slip in performance. It has been a non-performer in the category losing on its star ratings as well. There are better options available such as DSPBR Micro Cap and HDFC Mid-Cap Opportunities that you can consider investing in.
You can also opt for Reliance Equity Opportunities, a multi-cap fund and one of the good performing funds in its category. Since 2009, the fund has been improving its performance and can be considered for investments.
This article was originally published on July 08, 2011.
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