Reliance growth Fund SIP - Review and Update
Sunday, April 29, 2007
We had recommended SIP investment in Reliance Growth Fund. Though the past 12 months have seen severe volatility, we advise our readers to continue to invest by means of SIP in this fund. After our recommendation, this Fund won the prestigious Lipper Award.
Reliance Growth fund continues to maintain a mixed blend of Mid Caps and Large caps suitable for portfolio growth and is very aggressively managed fund by Sr. Fund Manager, Sunil Singhania.
See the SIP returns chart. Since inception, the fund has delivered 38.69% yield against the benchmark returns of mere 19.16%. Happy Investing!!!Tags: Reliance, Mutual Fund, Lipper, Invest
Labels: Reliance Growth Fund Review
Published by DalalStreet Business @ 3:52 PM
HDFC Mutual Fund SIP Update Q1-2007
Here is the latest Update of HDFC Mutual Fund SIP which we have been recommending to our investors. It is TRUE that in the past one year the returns have been less than 5%. However, serious long term investors who want to create wealth must stick to disciplined SIP investments. We recommend the following HDFC Funds and we are also investing in these funds by SIP route.
Our goal is to create long term wealth by means of equity investing, [We believe Equity is the best asset class for long term investors]. Even when we book profits in recently listed IPOs, we invest the Tax-free profits into these funds.
SIP has always outperformed Lump sum investment. SIP investments updated on March-30-2007.
- HDFC Equity Fund Growth
- HDFC Top 200 Fund Growth
- HDFC Long Term Advantage Fund Growth
- HDFC Tax Saver Fund Growth
Tags: SIP, Mutual Funds, Invest, India
Labels: HDFC Mutual Fund SIP
Published by DalalStreet Business @ 3:30 PM
