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.