Reliance Infrastructure Fund

Reliance Mutual Funds represents Reliance Infrastructure Fund. It is an open-ended Equity Scheme.

Objective: The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of companies engaged in infrastructure and infrastructure related sectors and which are incorporated or have their area of primary activity, in India and the secondary objective is to generate consistent returns by investing in debt and money market securities.

Following areas/sectors of the economy listed below are covered in infrastructure sector;

• Airports
• Banks, Financial Institutions & Term lending Institutions
• Cement & Cement Products
• Coal
• Construction
• Electrical & Electronic components
• Engineering
• Energy including Coal, Oil & Gas, Petroleum & Pipelines
• Industrial Capital Goods & Products
• Metals & Minerals
• Ports
• Power and Power equipment
• Road & Railway initiatives
• Telecommunication
• Transportation
• Urban Infrastructure including Housing & Commercial Infrastructure
• Mining,
• Aluminum

Benchmark Index: BSE 100

Minimum Application Amount: Rs. 5,000

SIP: Available

My Opinion about Reliance Infrastructure Scheme:

Well, if you ask me about this scheme than remember the principals of Mutual Fund Investing that I have several times repeated on this Blog. One Basic Principal of Mutual Fund investing is Stay away from NFOs. Because NFOs don’t have any past record of performance. When it comes to Mutual Funds, you should always invest in those mutual funds which have a proven past record of at least 3-5 years of Good Performance.

The objective of this scheme is good and the infrastructure is a booming sector and on the top of this, I have no doubts about the fund management of Reliance Mutual Fund House but still I feel that everyone of you should stay away from this scheme because it is a NFO.