I am investing in SIPs for 15 years. Rs 3,000 in Reliance Growth, Rs 2,000 in Reliance Regular Savings Equity, Rs 1,000 in DSPBR Top 100 and Rs 500 in Reliance Gold Savings. Are these funds good to continue investing in?
— Manoj Dangwal
| ||||||||||||||||||||||||||||||||||||||||||||||||||||
You have way too much of exposure to one asset management company (AMC). From four schemes, three are from Reliance Mutual Fund. Reliance Growth was a chart topper once upon a time but has faltered over the years. We suggest you replace that fund with another good one from the same category. You can consider IDFC Premier Equity or BSL Dividend Yield Plus. The other schemes are fine. The lesson that you can learn is to track the performance of the funds that you invest in at least once a year and analyse their progress vis-à-vis their peers and relevant benchmark.
This article was originally published on March 14, 2012.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
