I have been investing in UTI Leadership and Reliance Equity for the past 4 years, but the performance hasn’t been good. Should I stay invested or exit?
-Hanuman Yadav
Both of these funds have been relatively disappointing. UTI Leadership was launched during the last leg of the last bull run, after which the markets underwent a major downfall. This is the reason why this fund’s performance has been disappointing. Reliance Equity also hasn’t done well in the recent past. We would recommend that you redeem your investments in these funds and opt for well-performing funds like UTI Equity, HDFC Equity, DSP BlackRock Equity and ICICI Prudential Focused Bluechip.
This article was originally published on March 20, 2012.