I have been investing in Reliance Growth for the past 4 years via SIPs. This fund has been performing a little better of late. I want to also invest in ELSS, should I pick one from the Reliance AMC or go for HDFC Taxsaver?
-Anil
It is true that the performance of Reliance Growth has seen an improvement in the last quarter, but there are many other funds that are better than Reliance Growth within its category.
Reliance’s tax-saving funds have also seen an improvement in performance since the market turnaround after 2011. However, there are better options available, funds that have performed better than Reliance funds. There are very few Reliance equity funds that have been performing well. Two of them are the Reliance Regular Savings Equity fund and Reliance Equity Opportunities fund.
This article was originally published on April 27, 2012.
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