I am investing in Reliance Regular Savings Equity Fund through monthly SIP of Rs 2,000 for the past three years. When I had started the SIP the fund was doing good but for the past three years it is not performing well. Should I continue my SIP with this fund or switch to some other fund?
- Rahul Varshney
Reliance Regular Savings Equity is a 4-star rated multi cap fund, which has not had a great run in the past 3-4 years, which, when seen in the context of the way the markets have performed is not bad. So far this year, the fund has outperformed the category. However in a 1-year and 3-year trailing return comparison the fund has underperformed the category average. This fund is a good investment for a 3-5 year time frame, when it beats the category average considerably. Overall, a not-so-disappointing fund, in which you can continue investing through SIPs and regularly review the progress made by the investment to assess the progress.
This article was originally published on August 30, 2012.