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Shabbir is a developer in the field of Applications, web as well as database designing and is devoted to the optimization and usability of the code. Apart from doing some Share trading he maintains Programming forum and is a C++ addict.

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Reliance Infrastructure Fund

If you are into stock market you should be watching CNBC-TV18 at times and no matter how less you watch that channel you would always see the ad by Reliance Mutual Fund about its new fund offer Reliance Infrastructure Fund. My understanding is – Ad expenses would definitely come from the pocket of the customers who invest money into the fund and would definitely effect the opening NAV of the fund.

As per the Ads company is suggesting this is the right time to invest in infrastructure sector but the actual investment would be done not later than 30 days from the closure of New Fund Offer Period which closes on 23rd Jun and so it should be close to 23rd July when you get to see your NAV. I am not very upbeat to wait for one month to invest in infrastructure fund because the impact of the Budget and any run-up to the budget expectation would be missed. This also means you miss the disappointment as well though.

If you would like to invest in Infrastructure fund I would put my money on either Tata Infrastructure Fund or ICICI Prudential Infrastructure Fund where they have given good returns for a good period of time and not Reliance Infrastructure Fund.

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There Are 8 Responses So Far. »

  1. THANKS i m agree to ur comitment to invest mony to proper company.

  2. The pleasure is all mine.

  3. Hi i m very newin share market i have invested first time in sharemarket i have invested in Balrampur chini and renuka sugar i wananna ask u that wheather i should keep this stock for long time or i should sell after budget i buy this share at the price of Balrampur chini-109.60
    Shri renuka sugar-141
    Please suggest im will be very thank ful to you.

  4. I guess you are into stock which would not move up to an extent but can give you good amount of loss. Sugar is not a sector where a company can make a lot of money as the price you get the raw material is controlled and so is the price at which the company can sell and so I think you should not remain invested in this stocks. You should invest in stocks which can double in 2-3 years time and I am mainly into such stocks. I always ask one question before investing. Can it double in couple of years time.

  5. Dear Mr Shabbir,

    I need to know how good is Reliance Infra Fund it is but obvious that Tata and ICICI started off with IPO’s so Reliance Infra too would take off someday… why is there so much -ve feedback on this especially when most of their funds are performing well … Secondly i would also like to know how can i see on the net where my monies have been put into or the portfolio of this fund.

    Thanks

    Melwyn

  6. Melwyn,

    Tata and ICICI definitely started with NFOs but then when the fund hits the market they are probably in the same category as Tata or ICICI but when in NFO period you have a period of 21 days without seeing any action in fund and the current volatility of market does not allow that long wait and so you see a lot of negativity about that fund.

    Check out my free ebook which helps you understand what information to look and where.

    Thanks
    Shabbir

  7. Dear shabbir,

    I have heared about the IPO of reliace infra….. In this i have come to know that the company has incurred Rs. 2500 crs. in advertisements of the IPO. Is it true…

  8. Its NFO and not IPO and I am not sure about the amount but they had banners all over Mumbai traffic signals and every time an ad comes on TV channels they had their own one once.

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