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Should I redeem my single-star fund?

Reliance Regular Savings Fund - Equity Option used to be a four- and five-star fund between 2008 and 2012

I have invested ₹90,000 in Reliance Regular Savings Fund - Equity. Now the fund is rated one-star. Should I redeem or stay invested?
- Shreerang Garge

Reliance Regular Savings Fund - Equity Option used to be a four- and five-star fund between 2008 and 2012. It slipped to three-star rating in 2013 for the first time. Since then it has been slipping in ranking steadily. In terms of trailing returns, it is ranked almost at the bottom of the category in the three- and five-year period. You can exit the fund.

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