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.