Safe Fund from Unproven AMC
Srikanth Shankar Matrubai.
Investors can give the New Fund Offer from Religare, the Religare Business Leaders Fund a miss and not regret one bit.
The Scheme aims to invest in Equities of companies whare are Business Leaders in their respective segments. The Scheme would aim to be fully invested at all times and would invest in a diversified portfolio of Large Caps and Mid Caps.
COMMENTS AND RECOMMENDATION :
There are much betters choice of similar kind of Funds like the UTI Leadership Fund, Sundaram Leadership Fund, Kotak K30 fund. This Fund is thus similar to any Large Cap Fund and thus you are better served by investing in a Proven Fund rather than betting on an unknown Angel.
Don't forget, the Fund itself is quite new, although they have two good winners in Religare Tax Plan and Religare Contra fund.
True, the Scheme would offer sufficient sectoral diversification but the Gains would be restricted in Large Caps in a bull market as seen by none so impressive performance by UTI Leadership and Sundaram Leadership Funds which play on a similar mandate.
By and large, the Fund would be a safe bet for Conservative Investors but it would be wise for the Fund to prove its mettle before you commit your money.
Also visit http://equityadvise.blogspot.com
Srikanth Matrubai is known as the WEALTH ARCHITECT. He is practitioner of Wealthy Habits and author of Amazon Best Selling Book DON'T RETIRE RICH. We strongly urge to follow your Advisor. This blog is purely for information. However, we strongly suggest you to consult a Financial adviser. This blog is purely for information purposes only and we do not take any responsibility whatsoever as the blog content may be changed from time to time and is generic in nature.
Tuesday, August 4, 2009
RELIGARE BUSINESS LEADERS FUND - SKIP
Subscribe to: Post Comments (Atom)
Have you read the best seller DON'T RETIRE RICH ?
- Asset Allocation
- Balanced Funds
- Best Fund to Invest
- Financial Planning
- Fund Call
- Gold ETFs
- Investment Advise
- Liquid Funds
- MF Lessons
- Mutual Fund Advise
- Small Caps
- Star performers
- Tax Planning
- Wealthy Habits
Post a Comment