Q.
Due to this market down turn - is any possibility of any growth in this fund
About: Mutual Fund: Reliance Regular Savings Fund - Equity
Asked by Habibullah,
07 Feb '09 11:09 am
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Answers (2)
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Mr Habibullah
The scheme was launched in June 2005 and if you had invested in NFO , then this is the right time to get into SIP of Rs 1000 / m as the Diversification base is very promising for this Fund and has potential to grow to Rs 18 - 20 NAV over the next Two years
How ever if you had invested say in Dec 2007 , please give an SIP of Rs 1500 / m as it would be more rewarding due to Cost average
Answered by Sridhar Seetharaman, 07 Feb '09 05:25 pm
The scheme was launched in June 2005 and if you had invested in NFO , then this is the right time to get into SIP of Rs 1000 / m as the Diversification base is very promising for this Fund and has potential to grow to Rs 18 - 20 NAV over the next Two years
How ever if you had invested say in Dec 2007 , please give an SIP of Rs 1500 / m as it would be more rewarding due to Cost average
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