Help needed for Rel.Natural fund.

[SpreadSmiles]

Hi ,

I have invested lump sum in Reliance Natural Resource Fund in 2008.But it is not performing as i expected. So is there anyway that i can switch the amount to another fund in the reliance group or should i continue.Please advise

 

[saivenkatraman]

Reliance Natural Resources fund is basically a thematic fund, which is quite risky. You may switch to other diversified equity schemes like Reliance Growth Fund or Reliance Vision Fund. Try to avoid thematic and sectoral funds. Stay invested in diversified funds.

 

[SpreadSmiles]

Reliance Natural Resources fund is basically a thematic fund, which is quite risky. You may switch to other diversified equity schemes like Reliance Growth Fund or Reliance Vision Fund. Try to avoid thematic and sectoral funds. Stay invested in diversified funds.

Thanks for the reply.One more question.I have invested the lump sum through ICICI bank.They gave me a receipt but so far didn't get any papers as such from Reliance

 

[saivenkatraman]

First of all, try to get your folio number from any of your previous statements. If you are not able to trace your folio no., then call Reliance Mutual Fund through the toll free number and trace your folio no. by giving your PAN no. and other details. Then ask Reliance Mutual Fund to send the latest statement pertaining to your folio. Once you receive it, you may place a switch or redeem request for your folio.

 

[SpreadSmiles]

First of all, try to get your folio number from any of your previous statements. If you are not able to trace your folio no., then call Reliance Mutual Fund through the toll free number and trace your folio no. by giving your PAN no. and other details. Then ask Reliance Mutual Fund to send the latest statement pertaining to your folio. Once you receive it, you may place a switch or redeem request for your folio.

Thanks for your advice