This strategy has worked quite well for the fund since 2001, except in recent times. After posting losses in the first half of 2001, Reliance Vision's fortunes changed completely after September 11. A substantial position in PSU and tech stocks resulted in the fund ending 2001 down 16.28 per cent, compared to an 18.94 per cent decline for its average peer. In 2002, the fund earned a massive 75 per cent against the
This article was originally published on September 13, 2005.