Hi,
I always follow http://www.valueresearchonline.com/toprated.asp portal to compare the Mutual Fund.
Today I came to know that Reliance Regular Saving Equtity (G) mutual fund ratting is reduced to 3 star. Till 1 Feb 2013 it was 4 star.
As I want to invest in Multi cap fund so should I withdraw money from this fund and invest in 5 star or 4 star fund or I should wait for 2-3 months before switch.
I am investing in all types of funds and different fund house. Like:
1. DSP Black Rock Top 100 Equity (G) – Rs. 5500 per month
It is Large Cap 5 star fund (Value Research)
2. Reliance Regular Saving Equity (G) – Rs. 5500 per month
It is Multi Cap 3 star fund (Value Research)
3. HDFC Top 200 (G) – Rs. 5500 per month
It is Large & Mid Cap 5 star fund (Value Research)
4. IDFC Premier Equity (G) – Rs 5500 per month
It is Mid & Small Cap 4 star fund (Value Research)
Currently as per Value Research 5 star funds are:
1. BNP Paribas Dividend Yield
2. IDFC India GDP Growth
3. ING Dividend Yield
And 4 star funds are:
1. DSPBR Equity
2. L&T India Special Situations
3. L&T India Value
4. Principal Dividend Yield
5. Templeton India Equity Income
6. Templeton India Growth
I will prefer Templeton India Growth as I am already investing in DSPBR and IDFC fund house. BNP Paribas, ING, L&T and Principal are not big fund houses.
Should I go for Templeton India Growth or wait for 2-3 months for Reliance Regular Saving Equity rating update?
Please suggest.
Thanks
Paresh