Jan 12, 2016 05:50 PM
8621 Views
I had bought their Reliance long term equity fund in 2008.
The returns were miserable for next 3 -4 years which was understandable as markets were down & we had global recession.
But now even after market recovered, the funds return are very very poor. They have changed the scheme name to small & mid cap fund.
The fund management is pathetic & the stocks invested are not performing at all. They have too much portfolio churning but pathetic returns.
They don't send account statements on time. Overall not satisfied with their mutual fund portfolio.I can hardly notice any top rating funds from reliance!
