10,607.3555.65
Stock Analysis, IPO, Mutual Funds, Bonds & More

Should I exit Reliance Pharma Fund?

ET Online|
Last Updated: May 29, 2018, 05.01 PM IST
0Comments

Summary If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

ThinkStock Photos
Investor
I had done a lumpsum investment of Rs 1 lakh in Reliance Pharma Fund - Regular (G) around four years back. The fund was giving me good returns. But in recent times, the pharma industry is not doing well. Could you please suggest me another mutual fund scheme where I can switch my money for better returns? I am investing for another five to eight years.
-- Sumit Ray


You have invested in a sector fund. These funds go through cycles and they are meant for well-informed investors who can time their entry and exit in these schemes. If you have a long-term investment horizon, you may continue to hold your investments in this scheme. However, you should ensure that only a small part of your total investments (around 10 per cent) is invested in a sector scheme.

Reliance pharma fund has been a consistent performer. It has beaten the benchmark and the category average over the years.

(If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)

Also Read

The secret behind Reliance Pharma Fund's outperformance

Pharma sector provides a good long-term opportunity: Sailesh Raj Bhan of Reliance Pharma Fund

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service