Should I invest additional amount in Reliance pharma Fund

If you see the long term trailing returns of the Reliance Pharma fund, it is quite impressive – check here https://goo.gl/F6JzOq

The investment horizon for sectoral funds should be minimum 5 years, therefore, you should not judge the fund’s merit based on your one year holding. Reliance Pharma Fund has given -0.39% return compared to its Benchmark (S&P BSE Healthcare) which has given -6.17% return. The additional purchase (for the sake of cost averaging) can be done provided that the current NAV of Reliance Pharma Fund is available at a good discount than that of your initial purchase. However, this should be within the limit of your portfolio’s overall exposure to sectoral funds as mentioned by you.

We received a similar query in January "Is it worth holding Reliance Pharma Fund or exit from it”. You may like to read the interesting reply here https://goo.gl/55YaDc