Is it Worth to Invest in Reliance Infrastructure Fund?

Recently Reliance Mutual Fund has launched the new scheme, Reliance Infrastructure Fund. So many readers have asked me the review of this Fund. Many Investors have asked me that, “Is it worth investing in Reliance Infrastructure Fund?”

Well, Reliance Fund House is Country’s largest Fund house having more than Rs.1 Lakh Crore Assets under Management. And there is no doubt about the fund management of Reliance Mutual Fund.

But Before Investing in any mutual Funds, you must follow the Basic Rules of Mutual Fund Investing. And the Basic Rule is that, “NEVER INVEST IN NFOs”

No matter how lucrative the offer is. But you should never ever invest in any New Fund Offers. Because what we see in any Mutual Fund scheme is its past record of good performance & NFOs don’t have any past record of good performance.

Reliance Infrastructure may be a good fund but it is still a new fund so it does not have any past record of good performance. So you should let this fund show good results. You should at least wait for 3 years before taking any investment decision in this fund.

So according to my advise, this is not the right time to invest in Reliance Infra Fund. In fact, you should never invest in NFOs.