Reliance Long term

POSTED BY manikacp ON April 17, 2012 1:19 pm COMMENTS (8)

Hi

I just needed to check on one of my investments…
I had invested in Reliance long term equity fund – dividend payout in 2006 but my invested amount has appreciated just by 20%. Do you think it’s a wise idea to let the amount be or should i withdraw?

Thanks
Manika

8 replies on this article “Reliance Long term”

  1. bharat shah says:

    i think, when you think to shift , better think of other than reliance AMC diversified mf. there was a nice discussion in the forum recently regarding the choice of mf and its AMC between veteran members of this forum mr. ramesh, mr. jagdees and mr. ashal. better go through it and decide yourself.

  2. Ramesh says:

    It depends on the rest of the portfolio as well. What are your other funds? And just how much is Reliance Long Term equity fund, in terms of portfolio percentage?

  3. Dear Manika, Please shift your money in Reliance Eq. Opp. fund right now.

    Thanks

    Ashal

    1. manikacp@gmail.com says:

      Dear Ashal

      Can i call up the call centre & shift my money internally.
      And also why do you suggest this policy just for my knowledge?

      Regards:
      Manika

      1. Dear Manika, To switch your money, you w’d have to fill the switch/transfer form.

        Policy? It seems you are confusing yourself between insurance & Mutual Funds.

        The funds discussed above are not life insurance policies. These are mutual funds.

        Thanks

        Ashal

        1. manikacp@gmail.com says:

          Dear Ashal

          I am aware that “Reliance Eq. Opp. fund” is a mutual fund.
          Apologize for using the term policy……..just that i do not have any finance background so the terminology is sometimes raw….i am a hospitality trainer by profession so please excuse me for my language.
          So once again post the correction: you suggest “Reliance Eq Opp fund” coz of it”s performance or any other reason…. i am asking only to clarify my doubts….

          Thanks
          Manika

          1. Dear Manika, please check the below link – http://www.valueresearchonline.com/funds/h2_fund_compare.asp?mode=performance&objective=compare&select1=2640&select1=3900

            you ‘ll get your basic answer. Regarding typing policy & your clarification later on, It’s ok. Please keep asking & keep reading other’s queries & answers also to improve your own understanding.

            Thanks

            Ashal

            1. Ramesh says:

              Actually, I do not agree with the immediate shift to another fund.

              The aim of both funds are different, with different fund managers.

              Reliance Long term equity have a mid-small cap focus (more value-oriented), while the other mentioned fund is opportunities and multi-cap fund.
              Though, RLTE has underperformed, but the fund manager is good and remains commited to his bets, and this fund will perform well when the time comes.

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