savramesh 37 Report post Posted July 1, 2009 i am having the following two mutual funds Reliance Media and Entertainment Fund - Growth plan Growth option Reliance Diversified Power Sector Fund - Growth plan Growth option i need to redeem one fund now and another after 8 months. Please help me to know which one is recommended to redeem now and which one will have good growth comparing to other so that i can redeem that after 8 months. Share this post Link to post Share on other sites
MOBILE FAN 42 Report post Posted July 1, 2009 Ideally one should invest in fully diversified funds. You may invest in specialised fund when you already have enough investment in diversified funds. Both of your funds are not fully diversified funds. I would suggest you to redeem both now. But if you want to keep one for now, then keep Power Sector fund. It would be better you redeem the Media and Entertainment now and switch from Power Sector to Reliance Growth Fund which is a fully diversified fund and its performance is also good. Share this post Link to post Share on other sites
savramesh 37 Report post Posted July 1, 2009 ^^^ what is the switching procedure? all units from power fund will be transfered to growth fund or its like redeeming and purchasing ? also how is icici infrastructure fund and reliance infrastructure fund ? Share this post Link to post Share on other sites
MOBILE FAN 42 Report post Posted July 1, 2009 Switching can be done without redeeming and repurchasing. Though infrastructure funds are diversified to some extent, I would still suggest you to go for fully diversified fund. Reliance Infrstructure fund just had its NFO. So, it doesnt have any history to compare the performance. If I have to do a choice between these two, I would go with ICICI Infra. Share this post Link to post Share on other sites
savramesh 37 Report post Posted July 1, 2009 ^^^ thanks for the info.. Share this post Link to post Share on other sites
